Corpay (NYSE:CPAY) Issues FY 2026 Earnings Guidance

Corpay (NYSE:CPAY) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 27.150-27.550 for the period, compared to the consensus earnings per share estimate of 26.520. The company issued revenue guidance of $5.3 billion-$5.3 billion, compared to the consensus revenue estimate of $5.3 billion. Corpay also updated its Q3 2026 guidance to 7.050-7.250 EPS.

Analysts Set New Price Targets

Several analysts have recently weighed in on CPAY shares. Oppenheimer restated an “outperform” rating and issued a $388.00 price objective on shares of Corpay in a report on Friday, May 8th. Morgan Stanley lifted their target price on Corpay from $400.00 to $415.00 and gave the stock an “overweight” rating in a report on Tuesday, July 28th. Loop Capital initiated coverage on shares of Corpay in a research report on Monday, May 18th. They issued a “buy” rating and a $406.00 price target on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of Corpay in a report on Friday, July 24th. Finally, Wolfe Research restated an “outperform” rating on shares of Corpay in a research report on Thursday. Twelve research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Corpay has a consensus rating of “Moderate Buy” and a consensus price target of $383.69.

Corpay Stock Performance

CPAY opened at $393.28 on Thursday. The firm has a market cap of $25.70 billion, a PE ratio of 23.54, a P/E/G ratio of 1.08 and a beta of 0.87. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.86. The business has a fifty day simple moving average of $356.34 and a 200-day simple moving average of $337.74. Corpay has a fifty-two week low of $252.84 and a fifty-two week high of $405.95.

Corpay (NYSE:CPAY) last announced its earnings results on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.58 by $0.42. Corpay had a return on equity of 38.68% and a net margin of 24.60%.The company had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same period in the previous year, the firm earned $5.13 earnings per share. Corpay’s revenue for the quarter was up 21.5% compared to the same quarter last year. Corpay has set its Q3 2026 guidance at 7.050-7.250 EPS and its FY 2026 guidance at 27.150-27.550 EPS. As a group, equities analysts predict that Corpay will post 25.48 EPS for the current fiscal year.

Insider Transactions at Corpay

In other Corpay news, Director Steven T. Stull sold 1,000 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $360.78, for a total transaction of $360,780.00. Following the completion of the sale, the director directly owned 28,241 shares of the company’s stock, valued at approximately $10,188,787.98. This represents a 3.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Armando Lins Netto sold 70,476 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $352.13, for a total transaction of $24,816,713.88. Following the completion of the transaction, the insider owned 11,274 shares of the company’s stock, valued at approximately $3,969,913.62. The trade was a 86.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 88,677 shares of company stock worth $31,304,091 in the last three months. 5.19% of the stock is currently owned by company insiders.

Corpay News Roundup

Here are the key news stories impacting Corpay this week:

• Positive Sentiment: Q2 results exceeded expectations. Corpay reported adjusted EPS of $7.00, above the $6.58 consensus estimate, while revenue reached $1.34 billion versus expectations of $1.30 billion. Revenue increased 21.5% year over year, and management said adjusted net income per share grew 36%, with double-digit organic revenue growth for the fifth consecutive quarter. Corpay Reports Second Quarter Financial Results
• Positive Sentiment: Full-year and third-quarter guidance topped analyst estimates. Corpay projected third-quarter EPS of $7.05-$7.25, ahead of the $6.96 consensus, with revenue of approximately $1.4 billion versus expectations of $1.3 billion. Full-year 2026 EPS guidance of $27.15-$27.55 also exceeded the $26.52 consensus, implying a midpoint of $27.35. Corpay signals 2026 cash EPS midpoint
• Positive Sentiment: Corpay is streamlining its portfolio. The company agreed to sell UK-based vehicle payments and fleet-software businesses epyx, r2c Online, and Business Gateway to OEConnection. The divestiture should allow Corpay to concentrate on its core corporate payments and expense-management operations, while potentially generating capital for other priorities. Corpay Announces Agreement to Sell Non-Core Vehicle Payments Business
• Neutral Sentiment: Corpay Cross-Border became the official foreign-exchange partner of the new Ultimate Sevens rugby championship. The agreement may increase brand visibility and offer commercial opportunities, but its near-term financial impact was not disclosed. Corpay Cross-Border Named the Official FX Partner of Ultimate Sevens

Hedge Funds Weigh In On Corpay

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CPAY. Integrated Wealth Concepts LLC acquired a new stake in Corpay during the 1st quarter valued at $207,000. Woodline Partners LP boosted its position in shares of Corpay by 39.3% in the first quarter. Woodline Partners LP now owns 5,890 shares of the corporate payments company’s stock worth $2,054,000 after buying an additional 1,661 shares during the period. Intech Investment Management LLC boosted its position in shares of Corpay by 30.4% in the first quarter. Intech Investment Management LLC now owns 3,341 shares of the corporate payments company’s stock worth $1,165,000 after buying an additional 778 shares during the period. Marshall Wace LLP boosted its position in shares of Corpay by 128.6% in the second quarter. Marshall Wace LLP now owns 1,600 shares of the corporate payments company’s stock worth $531,000 after buying an additional 900 shares during the period. Finally, Brown Advisory Inc. grew its holdings in shares of Corpay by 16.0% during the second quarter. Brown Advisory Inc. now owns 1,670 shares of the corporate payments company’s stock valued at $554,000 after buying an additional 230 shares in the last quarter. Institutional investors and hedge funds own 98.84% of the company’s stock.

About Corpay

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.