Corpay (NYSE:CPAY) Given New $525.00 Price Target at Keefe, Bruyette & Woods

Corpay (NYSE:CPAY) had its price target lifted by Keefe, Bruyette & Woods from $470.00 to $525.00 in a report published on Thursday morning,Benzinga reports. They currently have an outperform rating on the corporate payments company’s stock.

Several other research analysts also recently issued reports on the stock. UBS Group boosted their price objective on shares of Corpay from $385.00 to $415.00 and gave the stock a “neutral” rating in a report on Thursday, August 6th. Morgan Stanley upped their price objective on shares of Corpay from $455.00 to $460.00 and gave the company an “overweight” rating in a research report on Wednesday, October 28th. Cantor Fitzgerald increased their target price on shares of Corpay from $415.00 to $480.00 and gave the company an “overweight” rating in a research note on Monday, August 10th. Scotiabank assumed coverage on Corpay in a research report on Wednesday, September 2nd. They set an “outperform” rating and a $536.00 target price on the stock. Finally, Wolfe Research lifted their target price on Corpay from $475.00 to $530.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 25th. Eleven investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Corpay presently has a consensus rating of “Moderate Buy” and an average price target of $469.00.

Corpay Stock Up 7.0%

CPAY opened at $447.76 on Thursday. Corpay has a 1-year low of $259.05 and a 1-year high of $479.53. 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 market capitalization of $29.40 billion, a price-to-earnings ratio of 24.63, a P/E/G ratio of 1.15 and a beta of 0.94. The business has a 50 day moving average of $404.00 and a 200-day moving average of $359.49.

Corpay (NYSE:CPAY) last announced its earnings results on Wednesday, November 4th. The corporate payments company reported $7.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.20 by $0.34. Corpay had a net margin of 23.73% and a return on equity of 45.84%. The business had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.36 billion. During the same quarter in the previous year, the firm posted $5.70 earnings per share. Corpay’s revenue was up 17.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that Corpay will post 25.81 earnings per share for the current year.

Insider Transactions at Corpay

In other Corpay news, CEO Ronald Clarke sold 119,486 shares of Corpay stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $412.40, for a total transaction of $49,276,026.40. Following the sale, the chief executive officer directly owned 2,354,330 shares of the company’s stock, valued at approximately $970,925,692. The trade was a 4.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Steven T. Stull sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $410.66, for a total value of $1,642,640.00. Following the completion of the sale, the director owned 23,598 shares in the company, valued at approximately $9,690,754.68. This represents a 14.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 220,860 shares of company stock valued at $91,395,514. Corporate insiders own 5.19% of the company’s stock.

Institutional Trading of Corpay

Several institutional investors have recently bought and sold shares of CPAY. Spruce House Investment Management LLC increased its position in shares of Corpay by 6.0% during the 1st quarter. Spruce House Investment Management LLC now owns 880,000 shares of the corporate payments company’s stock worth $256,071,000 after purchasing an additional 50,000 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Corpay by 3.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 782,500 shares of the corporate payments company’s stock valued at $227,695,000 after purchasing an additional 23,646 shares during the last quarter. Hawk Ridge Capital Management LP boosted its position in Corpay by 20.5% in the first quarter. Hawk Ridge Capital Management LP now owns 532,180 shares of the corporate payments company’s stock valued at $154,859,000 after buying an additional 90,360 shares in the last quarter. Bank of America Corp DE boosted its position in Corpay by 0.6% in the first quarter. Bank of America Corp DE now owns 364,102 shares of the corporate payments company’s stock valued at $105,950,000 after buying an additional 2,131 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in Corpay in the second quarter valued at about $107,805,000. Institutional investors and hedge funds own 98.84% of the company’s stock.

Key Headlines Impacting Corpay

Here are the key news stories impacting Corpay this week:

• Positive Sentiment: Corpay reported Q3 adjusted EPS of $7.54, above the roughly $7.20 consensus, while revenue rose 17.9% year over year to $1.38 billion and also beat estimates. The company cited strength in Corporate Payments. Corpay Q3 earnings beat estimates and revenue increased 18%
• Positive Sentiment: Management raised its 2026 outlook, forecasting revenue of $5.34 billion to $5.36 billion, above the $5.32 billion analyst estimate. Corpay also projected 9%–11% organic revenue growth in 2027 and plans to deploy about $2 billion in free cash flow. Corpay 2027 growth outlook and capital plans
• Positive Sentiment: Analysts raised price targets after the report: JPMorgan lifted its target to $500 and kept an overweight rating; Keefe, Bruyette & Woods raised its target to $525 with an outperform rating; and Scotiabank raised its target to $539 with a sector-outperform rating. JPMorgan analyst recommendations
• Neutral Sentiment: UBS raised its price target to $465 but maintained a neutral rating, signaling a more cautious view than several other analysts. UBS analyst recommendations

Corpay Company Profile

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.