Corpay (NYSE:CPAY) Shares Gap Up on Strong Earnings

Corpay, Inc. (NYSE:CPAY)’s share price gapped up prior to trading on Thursday following a better than expected earnings announcement. The stock had previously closed at $300.28, but opened at $324.35. Corpay shares last traded at $328.6130, with a volume of 228,865 shares changing hands.

The company reported $6.04 earnings per share for the quarter, topping the consensus estimate of $5.93 by $0.11. The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.23 billion. Corpay had a net margin of 24.37% and a return on equity of 37.83%. Corpay’s revenue was up 20.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $5.36 EPS. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS.

Corpay News Summary

Here are the key news stories impacting Corpay this week:

• Positive Sentiment: Q4 results beat and strong full-year outlook — Corpay reported Q4 EPS of $6.04 and revenue of $1.25B, topping estimates and showing ~21% YoY revenue growth; management set FY 2026 EPS guidance of $25.50–$26.50, above consensus. This underpins the upbeat investor reaction. Corpay quarterly profit rises
• Positive Sentiment: Analyst upgrade/target increase — Morgan Stanley raised its price target on CPAY to $390 with an “overweight” rating, citing the company’s growth profile and margin resilience; that endorsement supports further upside. Price target raised at Morgan Stanley
• Neutral Sentiment: Sale of non-core vehicle-payments asset (PayByPhone) — Corpay has agreed to divest PayByPhone to Lightyear Capital; this monetizes a non-core unit and lets management focus on core corporate payments, but the financial impact depends on deal terms and deployment of proceeds. Lightyear to acquire PayByPhone
• Neutral Sentiment: Investor readouts and analysis available — Multiple call transcripts and deep-dive pieces summarize management commentary (drivers: acquisitions, corporate payments strength). Useful for modeling revenue takeaways and margin assumptions. CPAY Q4 deep dive
• Negative Sentiment: Q1 guidance below Street — Corpay set Q1 FY26 EPS guidance of $5.38–$5.52 versus a consensus near $5.82, a weaker near-term outlook that may cap multiple expansion despite the strong FY guide. Q4 earnings & guidance details

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on CPAY. UBS Group cut their price objective on Corpay from $340.00 to $315.00 and set a “neutral” rating on the stock in a report on Thursday, November 6th. Scotiabank upgraded shares of Corpay to a “sector outperform” rating in a research note on Monday, January 26th. Cantor Fitzgerald raised shares of Corpay to a “strong-buy” rating in a report on Tuesday, January 27th. Weiss Ratings reissued a “hold (c+)” rating on shares of Corpay in a report on Monday, December 29th. Finally, Wall Street Zen lowered shares of Corpay from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $371.77.

Insider Buying and Selling at Corpay

In other Corpay news, Director Steven T. Stull purchased 8,000 shares of Corpay stock in a transaction that occurred on Friday, December 12th. The stock was bought at an average price of $314.98 per share, with a total value of $2,519,840.00. Following the acquisition, the director 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 acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 5.04% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. CVA Family Office LLC increased its holdings in Corpay by 56.7% in the 2nd quarter. CVA Family Office LLC now owns 94 shares of the company’s stock worth $31,000 after acquiring an additional 34 shares in the last quarter. 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 purchasing an additional 94 shares in the last quarter. Torren Management LLC acquired a new position in shares of Corpay during the 4th quarter worth about $29,000. Hazlett Burt & Watson Inc. purchased a new position in Corpay in the 2nd quarter valued at about $33,000. Finally, Ameritas Advisory Services LLC acquired a new stake in Corpay in the 2nd quarter worth about $37,000. 98.84% of the stock is owned by institutional investors and hedge funds.

Corpay Stock Up 9.3%

The firm has a market cap of $22.97 billion, a price-to-earnings ratio of 22.37, a PEG ratio of 0.89 and a beta of 0.82. The business has a fifty day simple moving average of $311.87 and a 200 day simple moving average of $304.45. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.13 and a quick ratio of 1.13.

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.