UBS Group Issues Positive Forecast for Corpay (NYSE:CPAY) Stock Price

Key Points

• UBS raised Corpay’s price target from $415 to $465 but kept a neutral rating, implying 3.85% upside from the prior close.
• Corpay beat quarterly estimates, reporting EPS of $7.54 versus $7.20 expected and revenue of $1.38 billion versus $1.36 billion; revenue rose 17.9% year over year.
• Analyst sentiment is broadly positive: 11 analysts rate the stock Buy and three Hold, giving it a Moderate Buy consensus and an average price target of $469.

Corpay (NYSE:CPAY - Get Free Report) had its price target raised by UBS Group from $415.00 to $465.00 in a research report issued on Thursday, Benzinga reports. The brokerage currently has a "neutral" rating on the corporate payments company's stock. UBS Group's price target would indicate a potential upside of 3.85% from the stock's previous close.

Several other equities analysts have also issued reports on the company. Oppenheimer lifted their price target on Corpay from $454.00 to $461.00 and gave the company an "outperform" rating in a research note on Thursday. Raymond James Financial reaffirmed an "outperform" rating and issued a $442.00 price objective on shares of Corpay in a research note on Thursday, August 6th. Wall Street Zen lowered Corpay from a "buy" rating to a "hold" rating in a research note on Saturday, October 24th. Cantor Fitzgerald lifted their target price on Corpay from $415.00 to $480.00 and gave the company an "overweight" rating in a research report on Monday, August 10th. Finally, Robert W. Baird set a $475.00 target price on Corpay in a research note on Thursday, August 6th. Eleven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $469.00.

Corpay Price Performance

Shares of NYSE CPAY traded up $29.16 during trading hours on Thursday, hitting $447.76. 1,754,390 shares of the stock were exchanged, compared to its average volume of 591,424. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.97 and a current ratio of 0.97. The company has a market cap of $29.40 billion, a PE ratio of 27.25, a price-to-earnings-growth ratio of 1.11 and a beta of 0.94. The company's fifty day simple moving average is $403.19 and its two-hundred day simple moving average is $359.03. Corpay has a 1-year low of $259.05 and a 1-year high of $479.53.

Corpay (NYSE:CPAY - Get Free Report) last announced its quarterly earnings data on Wednesday, November 4th. The corporate payments company reported $7.54 EPS for the quarter, beating the consensus estimate of $7.20 by $0.34. Corpay had a net margin of 22.72% and a return on equity of 42.18%. The business had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same period in the previous year, the business earned $5.70 earnings per share. The company's revenue was up 17.9% on a year-over-year basis. On average, sell-side analysts predict that Corpay will post 25.81 EPS for the current year.

Insider Activity

In other news, Director Steven Stull sold 2,357 shares of the company's stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $413.62, for a total value of $974,902.34. Following the completion of the transaction, the director owned 21,241 shares of the company's stock, valued at $8,785,702.42. This represents a 9.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Ronald Clarke sold 119,486 shares of the firm's stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $412.40, for a total transaction of $49,276,026.40. Following the completion of the transaction, the chief executive officer owned 2,354,330 shares of the company's stock, valued at approximately $970,925,692. This trade represents a 4.83% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 220,860 shares of company stock worth $91,395,514. Company insiders own 5.19% of the company's stock.

Hedge Funds Weigh In On Corpay

Several large investors have recently modified their holdings of CPAY. Maryland State Retirement & Pension System grew its stake in shares of Corpay by 89.0% in the third quarter. Maryland State Retirement & Pension System now owns 6,243 shares of the corporate payments company's stock worth $2,350,000 after purchasing an additional 2,940 shares during the last quarter. Ritholtz Wealth Management bought a new position in Corpay during the 3rd quarter worth $2,300,000. Jefferies Financial Group Inc. lifted its holdings in Corpay by 241.0% during the 3rd quarter. Jefferies Financial Group Inc. now owns 7,300 shares of the corporate payments company's stock worth $2,837,000 after buying an additional 5,159 shares during the period. Machina Capital S.A.S. acquired a new position in Corpay during the 3rd quarter worth about $2,489,000. Finally, Knights of Columbus Asset Advisors LLC bought a new stake in shares of Corpay in the 3rd quarter valued at about $5,349,000. Institutional investors own 98.84% of the company's stock.

More Corpay News

Here are the key news stories impacting Corpay this week:

• Positive Sentiment: Corpay reported Q3 adjusted earnings of $7.54 per share, above the roughly $7.20 analyst consensus, while revenue of $1.38 billion also topped expectations. Revenue grew 17.9% year over year, with Corporate Payments cited as a key growth driver. Corpay Q3 Earnings Beat Estimates, Revenues Increase 18% Y/Y
• Positive Sentiment: The company raised its 2026 outlook, projecting revenue of $5.34 billion to $5.36 billion, above the FactSet estimate of $5.32 billion. It also forecast 9%–11% organic revenue growth in 2027 and plans to deploy about $2 billion of free cash flow, supporting expectations for continued expansion and shareholder returns. Corpay 2027 Growth and Free Cash Flow Plans
• Positive Sentiment: Several firms raised their price targets, reinforcing a constructive analyst view: JPMorgan lifted its target to $500, Scotiabank to $539, and Keefe, Bruyette & Woods to $525. Oppenheimer also raised its target, to $461, and maintained an outperform rating. KBW Raises Corpay Price Target

About Corpay

Corpay is a global corporate payments company that provides businesses with a range of payment and expense management solutions. Its services are designed to help organizations manage payables, card programs, travel and fleet-related expenses, and cross-border transactions more efficiently.

The company serves customers across a variety of industries and geographies, offering software and payment tools that streamline accounts payable, vendor payments, and workforce payments. Corpay also provides specialized solutions for fleet management and international payments, helping businesses control costs and simplify financial operations.

Corpay operates as part of the broader financial technology and payment processing sector.

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