Corpay (NYSE:CPAY) Releases FY 2026 Earnings Guidance

Corpay (NYSE:CPAY) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 26.300-27.100 for the period, compared to the consensus 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.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. JPMorgan Chase & Co. raised their target price on Corpay from $350.00 to $390.00 and gave the stock an “overweight” rating in a research note on Thursday, February 5th. Morgan Stanley raised their target price on Corpay from $379.00 to $390.00 and gave the stock an “overweight” rating in a research note on Thursday, February 5th. Robert W. Baird cut their target price on Corpay from $440.00 to $380.00 and set an “outperform” rating for the company in a research note on Tuesday, March 31st. Raymond James Financial reissued an “outperform” rating and set a $361.00 target price on shares of Corpay in a research note on Thursday, March 5th. Finally, Wall Street Zen raised Corpay from a “hold” rating to a “buy” rating in a research note on Monday, March 23rd. Eleven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $373.92.

Corpay Trading Up 0.1%

Shares of CPAY traded up $0.31 during midday trading on Thursday, hitting $305.74. 731,182 shares of the stock were exchanged, compared to its average volume of 490,907. Corpay has a 52-week low of $252.84 and a 52-week high of $361.99. The stock has a fifty day simple moving average of $310.84 and a 200 day simple moving average of $308.04. The firm has a market cap of $20.81 billion, a P/E ratio of 20.33, 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 quick ratio of 0.98 and a current ratio of 0.98.

Corpay (NYSE:CPAY) last released its quarterly earnings results on Wednesday, February 4th. The company reported $6.04 EPS for the quarter, topping the consensus estimate of $5.93 by $0.11. Corpay had a return on equity of 37.13% and a net margin of 23.62%.The business had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.23 billion. During the same period last year, the business posted $5.36 earnings per share. The company’s quarterly revenue was up 20.7% on a year-over-year basis. On average, research analysts anticipate that Corpay will post 24.64 EPS for the current fiscal year.

Insider Activity at Corpay

In other news, CAO Alissa B. Vickery sold 1,701 shares of the firm’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $358.65, for a total transaction of $610,063.65. Following the completion of the transaction, the chief accounting officer directly owned 2,180 shares in the company, valued at $781,857. This trade represents a 43.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 5.19% of the stock is currently owned by corporate insiders.

Trending Headlines about Corpay

Here are the key news stories impacting Corpay this week:

• Positive Sentiment: Management raised FY2026 EPS guidance to $26.30–$27.10 (above street consensus of ~25.78) and Q2 EPS guidance to $6.45–$6.65 (above consensus ~6.18), signaling stronger-than-expected profitability ahead. Corpay Reports First Quarter Financial Results
• Positive Sentiment: Q1 results included 25% revenue growth and 29% adjusted net income per share growth, with 11% organic revenue growth — metrics management highlighted as “outstanding” and that came with an investor slide deck. Corpay Reports First Quarter Financial Results
• Positive Sentiment: Corpay is expanding settlement rails and product capabilities — adding stablecoin and tokenized-fiat settlement via partnerships with JPMorgan and BVNK, which could lower settlement costs and open new cross-border flows. Corpay Adds Stablecoin and Tokenized-Fiat Settlement Through JPMorgan and BVNK
• Positive Sentiment: Product innovation: a newly announced AI spend-automation suite was highlighted as potentially “game changing,” which could drive higher take-rates, customer retention and operating leverage over time. Corpay’s New AI Spend-Automation Suite Could Be A Game Changer For Corpay (CPAY)
• Neutral Sentiment: Pre-earnings previews noted expectations ~ $1.2B revenue and ~$5.5 EPS after several prior beats; these set a high bar that the market was already pricing in. Corpay Set to Report Q1 Earnings: Here’s What Investors Should Know
• Neutral Sentiment: Analyst/coverage pieces are parsing reported metrics vs. estimates to reconcile adjusted vs. reported figures; these analyses may clarify underlying margin trends but don’t change the headline beat/guidance narrative immediately. Corpay (CPAY) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
• Negative Sentiment: Some reports captured a small headline miss: one published EPS figure ($5.48) was ~$0.02 below consensus, creating brief headline-driven noise and some investor confusion versus outlets noting higher adjusted EPS figures. Investors should watch whether commentary clarifies adjusted vs. reported EPS. View Press Release

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of CPAY. Orbis Allan Gray Ltd boosted its position in shares of Corpay by 20.8% during the fourth quarter. Orbis Allan Gray Ltd now owns 4,987,968 shares of the company’s stock worth $1,501,029,000 after buying an additional 859,854 shares during the period. Spruce House Investment Management LLC boosted its holdings in Corpay by 95.3% in the fourth quarter. Spruce House Investment Management LLC now owns 830,000 shares of the company’s stock valued at $249,772,000 after purchasing an additional 405,000 shares during the period. Hawk Ridge Capital Management LP purchased a new position in Corpay in the third quarter valued at $106,381,000. AQR Capital Management LLC boosted its holdings in Corpay by 209.9% in the fourth quarter. AQR Capital Management LLC now owns 330,549 shares of the company’s stock valued at $99,472,000 after purchasing an additional 223,891 shares during the period. Finally, Wellington Management Group LLP boosted its holdings in Corpay by 54.9% in the third quarter. Wellington Management Group LLP now owns 631,496 shares of the company’s stock valued at $181,909,000 after purchasing an additional 223,704 shares during the period. 98.84% of the stock is currently owned by hedge funds and other institutional investors.

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.