Wall Street Zen Upgrades Corpay (NYSE:CPAY) to "Buy"

Key Points

• Wall Street Zen upgraded Corpay from “hold” to “buy,” joining a generally positive analyst consensus of “Moderate Buy.” Twelve analysts rate the stock a Buy and three rate it a Hold, with an average price target of $430.31.
• Corpay reported quarterly earnings of $7.00 per share, exceeding estimates of $6.58, while revenue rose 21.5% year over year to $1.34 billion. The company issued full-year 2026 EPS guidance of $27.15–$27.55.
• Shares opened at $408.69, near their 12-month high of $425.95, while insiders sold approximately $116.6 million of stock over the past quarter.

Corpay (NYSE:CPAY - Get Free Report) was upgraded by equities researchers at Wall Street Zen from a "hold" rating to a "buy" rating in a report issued on Saturday.

Several other research firms have also recently weighed in on CPAY. Raymond James Financial restated an "outperform" rating and set a $442.00 price target on shares of Corpay in a report on Thursday, August 6th. UBS Group lifted their target price on shares of Corpay from $385.00 to $415.00 and gave the stock a "neutral" rating in a research report on Thursday, August 6th. Morgan Stanley set a $455.00 target price on shares of Corpay in a report on Friday, August 7th. JPMorgan Chase & Co. upped their price target on shares of Corpay from $400.00 to $470.00 and gave the company an "overweight" rating in a research report on Thursday, August 6th. Finally, Wolfe Research lifted their price target on shares of Corpay from $475.00 to $530.00 and gave the stock an "outperform" rating in a report on Tuesday. Twelve analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Corpay presently has a consensus rating of "Moderate Buy" and an average price target of $430.31.

Corpay Stock Up 1.2%

Shares of NYSE CPAY opened at $408.69 on Friday. The company has a market cap of $26.83 billion, a price-to-earnings ratio of 24.87, a PEG ratio of 1.11 and a beta of 0.87. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 1.70. The stock has a 50-day moving average price of $380.27 and a two-hundred day moving average price of $345.91. Corpay has a 12 month low of $252.84 and a 12 month high of $425.95.

Corpay (NYSE:CPAY - Get Free Report) last posted its earnings results on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share for the quarter, topping analysts' consensus estimates of $6.58 by $0.42. The firm had revenue of $1.34 billion for the quarter, compared to analysts' expectations of $1.30 billion. Corpay had a net margin of 22.72% and a return on equity of 42.18%. The company's revenue was up 21.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $5.13 earnings per share. Corpay has set its Q3 2026 guidance at 7.050-7.250 EPS and its FY 2026 guidance at 27.150-27.550 EPS. As a group, analysts forecast that Corpay will post 25.75 earnings per share for the current fiscal year.

Insider Activity at Corpay

In other Corpay news, insider Armando Lins Netto sold 70,476 shares of Corpay stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $352.13, for a total value of $24,816,713.88. Following the completion of the sale, the insider directly owned 11,274 shares in the company, valued at approximately $3,969,913.62. The trade was a 86.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Ronald Clarke sold 119,486 shares of the business'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 value of $49,276,026.40. Following the completion of the transaction, the chief executive officer directly owned 2,354,330 shares in the company, valued at approximately $970,925,692. This trade represents a 4.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 292,336 shares of company stock worth $116,573,008 over the last quarter. Company insiders own 5.19% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC acquired a new position in shares of Corpay during the first quarter valued at about $207,000. Woodline Partners LP increased its position in Corpay by 39.3% in the 1st quarter. Woodline Partners LP now owns 5,890 shares of the corporate payments company's stock valued at $2,054,000 after buying an additional 1,661 shares in the last quarter. Intech Investment Management LLC boosted its holdings in Corpay by 30.4% in the first quarter. Intech Investment Management LLC now owns 3,341 shares of the corporate payments company's stock worth $1,165,000 after acquiring an additional 778 shares in the last quarter. Marshall Wace LLP boosted its holdings in Corpay by 128.6% in the second quarter. Marshall Wace LLP now owns 1,600 shares of the corporate payments company's stock worth $531,000 after acquiring an additional 900 shares in the last quarter. Finally, Brown Advisory Inc. boosted its holdings in Corpay by 16.0% in the second quarter. Brown Advisory Inc. now owns 1,670 shares of the corporate payments company's stock worth $554,000 after acquiring an additional 230 shares in the last quarter. 98.84% of the stock is owned by institutional investors.

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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