Morgan Stanley Raises Corpay (NYSE:CPAY) Price Target to $390.00

Corpay (NYSE:CPAY) had its price target increased by stock analysts at Morgan Stanley from $379.00 to $390.00 in a report issued on Thursday, Marketbeat Ratings reports. The firm presently has an “overweight” rating on the stock. Morgan Stanley’s price target points to a potential upside of 30.11% from the company’s previous close.

A number of other brokerages also recently issued reports on CPAY. JPMorgan Chase & Co. cut their price target on shares of Corpay from $400.00 to $350.00 and set an “overweight” rating for the company in a report on Thursday, November 6th. Royal Bank Of Canada raised their target price on Corpay from $336.00 to $344.00 and gave the stock a “sector perform” rating in a research note on Thursday, November 6th. Wall Street Zen downgraded Corpay from a “buy” rating to a “hold” rating in a research report on Saturday, October 11th. Cantor Fitzgerald upgraded Corpay to a “strong-buy” rating in a report on Tuesday, January 27th. Finally, UBS Group cut their price objective on Corpay from $340.00 to $315.00 and set a “neutral” rating for the company in a research report on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $370.31.

Corpay Stock Up 2.6%

Shares of NYSE:CPAY opened at $299.75 on Thursday. Corpay has a 52-week low of $252.84 and a 52-week high of $400.81. The stock has a market cap of $20.97 billion, a P/E ratio of 20.35, a PEG ratio of 0.89 and a beta of 0.82. The business has a fifty day moving average of $311.87 and a two-hundred day moving average of $304.45. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.41.

Corpay (NYSE:CPAY) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $6.04 earnings per share for the quarter, beating the consensus estimate of $5.93 by $0.11. Corpay had a net margin of 24.37% and a return on equity of 37.83%. The firm had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.23 billion. During the same quarter in the previous year, the company posted $5.36 EPS. The company’s revenue was up 20.7% compared to the same quarter last year. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS. On average, research analysts expect that Corpay will post 19.76 earnings per share for the current year.

Insider Transactions at Corpay

In related news, Director Steven T. Stull bought 8,000 shares of the stock in a transaction that occurred on Friday, December 12th. The stock was purchased at an average cost of $314.98 per share, with a total value of $2,519,840.00. Following the purchase, the director directly owned 29,241 shares of the company’s stock, valued at $9,210,330.18. This trade represents a 37.66% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 5.04% of the company’s stock.

Institutional Investors Weigh In On Corpay

Hedge funds have recently bought and sold shares of the stock. BOKF NA increased its stake in shares of Corpay by 4,700.0% during the third quarter. BOKF NA now owns 96 shares of the company’s stock worth $28,000 after buying an additional 94 shares during the period. Torren Management LLC acquired a new position in Corpay during the 4th quarter worth approximately $29,000. CVA Family Office LLC increased its position in shares of Corpay by 56.7% in the 2nd quarter. CVA Family Office LLC now owns 94 shares of the company’s stock valued at $31,000 after purchasing an additional 34 shares during the last quarter. Hazlett Burt & Watson Inc. purchased a new stake in shares of Corpay in the 2nd quarter valued at approximately $33,000. Finally, Ameritas Advisory Services LLC acquired a new stake in shares of Corpay in the 2nd quarter valued at $37,000. Institutional investors and hedge funds own 98.84% of the company’s stock.

Corpay News Summary

Here are the key news stories impacting Corpay this week:

• Positive Sentiment: Q4 results beat consensus — Corpay reported $6.04 EPS vs. ~ $5.93 est. and revenue of $1.25B (up 20.7% YoY), with healthy margins and ROE that demonstrate profitable growth. These results underpin the positive market reaction. MarketBeat Q4 Coverage
• Positive Sentiment: Raised FY2026 guidance — management set FY2026 EPS at $25.50–$26.50, above Street expectations (~$24.19), signaling stronger full‑year profitability that likely drove investor enthusiasm. Press Release / Guidance
• Positive Sentiment: Momentum in corporate payments and M&A is supporting growth — analyst/deep‑dive coverage highlights that acquisitions and expansion of corporate payments products are driving revenue acceleration and higher take rates. Yahoo Deep Dive
• Neutral Sentiment: Earnings call transcript available — management commentary provides detail on segment trends (resilient business spending) and execution priorities; useful for modeling but largely confirms published results. Earnings Call Transcript
• Neutral Sentiment: Coverage notes resilience in business spending — Reuters and other outlets highlight that corporate payments remained strong, supporting topline stability across macro environments. Reuters
• Positive Sentiment: Non‑core asset sale — Corpay agreed to sell PayByPhone to Lightyear Capital, a move that should simplify the portfolio and free cash for core business priorities or buybacks/deleveraging. BusinessWire: PayByPhone Sale
• Negative Sentiment: Q1 2026 guidance misses consensus — management guided Q1 EPS to $5.38–$5.52 versus a Street estimate around $5.82, a near‑term headwind that could cap upside until early‑year results prove out. Press Release / Guidance

About Corpay

Corpay (NYSE:CPAY) is a global payments and fintech company that provides businesses with tools to manage, move and optimize corporate spend. The company focuses on commercial payments, foreign exchange and cross-border transactions, aiming to simplify treasury operations and reduce friction in business-to-business payments through technology-driven solutions.

Its product offering includes payment processing and accounts payable automation, corporate and virtual card programs, expense management tools, and foreign-exchange hedging and execution services for international payments.