Corpay (NYSE:CPAY) Updates FY 2026 Earnings Guidance

Corpay (NYSE:CPAY) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 26.300-27.100 for the period, compared to the consensus earnings per share estimate of 25.780. The company issued revenue guidance of $5.3 billion-$5.3 billion, compared to the consensus revenue estimate of $5.2 billion. Corpay also updated its Q2 2026 guidance to 6.450-6.650 EPS.

Analysts Set New Price Targets

Several research firms recently commented on CPAY. JPMorgan Chase & Co. upped their price objective on Corpay from $350.00 to $390.00 and gave the company an “overweight” rating in a research note on Thursday, February 5th. Morgan Stanley upped their price objective on Corpay from $379.00 to $390.00 and gave the company an “overweight” rating in a research note on Thursday, February 5th. Scotiabank raised shares of Corpay to a “sector outperform” rating in a report on Monday, January 26th. Raymond James Financial reaffirmed an “outperform” rating and set a $361.00 price objective on shares of Corpay in a report on Thursday, March 5th. Finally, Wall Street Zen raised shares of Corpay from a “hold” rating to a “buy” rating in a report on Monday, March 23rd. Eleven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $374.75.

Corpay Trading Up 12.5%

NYSE:CPAY opened at $343.98 on Friday. Corpay has a 1 year low of $252.84 and a 1 year high of $361.99. The company has a market cap of $23.41 billion, a P/E ratio of 20.59, a P/E/G ratio of 0.86 and a beta of 0.81. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.98 and a quick ratio of 0.98. The stock’s fifty day moving average price is $310.84 and its two-hundred day moving average price is $308.04.

Corpay (NYSE:CPAY) last announced its quarterly earnings results on Thursday, May 7th. The company reported $5.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.50 by $0.30. Corpay had a net margin of 24.60% and a return on equity of 37.60%. The firm had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same period in the prior year, the firm posted $4.51 earnings per share. The company’s revenue for the quarter was up 25.4% on a year-over-year basis. Corpay has set its FY 2026 guidance at 26.300-27.100 EPS and its Q2 2026 guidance at 6.450-6.650 EPS. As a group, analysts expect that Corpay will post 24.64 EPS for the current year.

Insider Activity

In other news, CAO Alissa B. Vickery sold 1,701 shares of the stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $358.65, for a total value of $610,063.65. Following the sale, the chief accounting officer directly owned 2,180 shares of the company’s stock, valued at approximately $781,857. This represents a 43.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 5.19% of the company’s stock.

Key Stories Impacting Corpay

Here are the key news stories impacting Corpay this week:

• Positive Sentiment: Corpay beat Q1 estimates, reporting EPS of $5.80 versus $5.50 expected and revenue of $1.26 billion versus $1.21 billion expected, helped by strong corporate payments performance. Corpay Reports First Quarter Financial Results
• Positive Sentiment: Corporate Payments revenue jumped 46% year over year and organic revenue rose 11%, signaling healthy underlying demand and execution. CPAY Q1 Earnings Beat Estimates on Corporate Payments Strength
• Positive Sentiment: Management raised 2026 guidance, with full-year EPS now expected at $26.30-$27.10 and Q2 EPS at $6.45-$6.65, both above Wall Street estimates. Corpay Reports First Quarter Financial Results
• Neutral Sentiment: Several follow-up articles and the earnings call transcript focused on the same Q1 beat and guidance raise, reinforcing the positive earnings narrative rather than adding new catalysts. Corpay, Inc. (CPAY) Q1 2026 Earnings Call Transcript
• Negative Sentiment: No major negative catalyst was highlighted in the provided articles; investor attention appears centered on the stronger-than-expected results and improved outlook.

Institutional Investors Weigh In On Corpay

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. raised its position in shares of Corpay by 4.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 883 shares of the company’s stock worth $254,000 after buying an additional 37 shares in the last quarter. Thrivent Financial for Lutherans raised its position in shares of Corpay by 1.4% in the second quarter. Thrivent Financial for Lutherans now owns 2,771 shares of the company’s stock worth $919,000 after buying an additional 39 shares in the last quarter. Hilltop Holdings Inc. raised its position in shares of Corpay by 4.0% in the third quarter. Hilltop Holdings Inc. now owns 1,151 shares of the company’s stock worth $332,000 after buying an additional 44 shares in the last quarter. Mackenzie Financial Corp raised its position in shares of Corpay by 0.6% in the fourth quarter. Mackenzie Financial Corp now owns 7,311 shares of the company’s stock worth $2,226,000 after buying an additional 46 shares in the last quarter. Finally, South Dakota Investment Council raised its position in shares of Corpay by 3.3% in the fourth quarter. South Dakota Investment Council now owns 1,557 shares of the company’s stock worth $469,000 after buying an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 98.84% of the company’s stock.

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.