Corpay (NYSE:CPAY) Issues Earnings Results, Beats Estimates By $0.11 EPS

Corpay (NYSE:CPAY) posted its quarterly earnings results on Wednesday. The company reported $6.04 EPS for the quarter, beating the consensus estimate of $5.93 by $0.11, FiscalAI reports. Corpay had a net margin of 23.62% and a return on equity of 37.29%. The company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same period in the prior year, the company earned $5.36 earnings per share. The firm’s revenue was up 20.7% on a year-over-year basis. Corpay updated its FY 2026 guidance to 25.500-26.500 EPS and its Q1 2026 guidance to 5.380-5.520 EPS.

Here are the key takeaways from Corpay’s conference call:

• Reported a strong finish to FY2025 with Q4 revenue $1.248B (+21%) and record cash EPS of $6.04, and full‑year revenue of $4.528B (+14%) with 10% organic growth, bookings +29% and 92.3% retention.
• Issued confident 2026 guidance at a midpoint of $5.265B revenue (+16%) and $26 cash EPS (+22%), driven by continued 10% organic growth, Alpha/Avid contributions (~$300M revenue and ~$1 EPS) and favorable macro (FX and lower SOFR).
• Accelerating portfolio reshaping and capital allocation — closed the Alpha and Avid deals and a Brazil buy; announced the PayByPhone sale and two additional vehicle divestitures (potentially >$1B proceeds) and continue share buybacks.
• Cross‑border momentum and FI channel progress — Alpha integration is outperforming, cross‑border sales remain strong, and the Mastercard partnership has produced initial joint wins and a large pipeline; stablecoin pilots are under way but client demand is currently limited.
• Near‑term headwinds include float revenue compression from lower interest rates (pressuring corporate payments in H1 2026 and Q1 organic growth to ~9%), continued lodging weakness, and elevated interest/timing risks not reflected for closed divestitures in current guidance.

Corpay Trading Up 2.2%

Shares of NYSE CPAY traded up $7.29 during mid-day trading on Friday, reaching $342.29. 118,139 shares of the company’s stock were exchanged, compared to its average volume of 611,604. The firm has a market capitalization of $23.95 billion, a price-to-earnings ratio of 22.76, a PEG ratio of 0.92 and a beta of 0.82. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.13 and a current ratio of 1.13. Corpay has a 52-week low of $252.84 and a 52-week high of $391.28. The company’s 50-day moving average is $312.71 and its 200-day moving average is $304.67.

Insider Activity

In related news, Director Steven T. Stull bought 8,000 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The stock was purchased at an average price of $314.98 per share, for a total transaction of $2,519,840.00. Following the acquisition, the director owned 29,241 shares of the company’s stock, valued at approximately $9,210,330.18. This trade represents a 37.66% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 5.04% of the company’s stock.

Hedge Funds Weigh In On Corpay

Institutional investors have recently modified their holdings of the business. Focus Partners Wealth lifted its position in Corpay by 24.9% in the third quarter. Focus Partners Wealth now owns 1,404 shares of the company’s stock valued at $404,000 after purchasing an additional 280 shares during the period. Coldstream Capital Management Inc. increased its position in shares of Corpay by 15.1% in the third quarter. Coldstream Capital Management Inc. now owns 1,299 shares of the company’s stock valued at $374,000 after buying an additional 170 shares in the last quarter. Lido Advisors LLC raised its position in Corpay by 8.8% during the third quarter. Lido Advisors LLC now owns 1,168 shares of the company’s stock worth $337,000 after acquiring an additional 94 shares during the last quarter. Cresset Asset Management LLC raised its position in shares of Corpay by 8.0% during the 2nd quarter. Cresset Asset Management LLC now owns 957 shares of the company’s stock worth $318,000 after purchasing an additional 71 shares during the last quarter. Finally, Voleon Capital Management LP lifted its holdings in Corpay by 24.8% in the 3rd quarter. Voleon Capital Management LP now owns 998 shares of the company’s stock valued at $287,000 after purchasing an additional 198 shares in the last quarter. 98.84% of the stock is owned by institutional investors and hedge funds.

More Corpay News

Here are the key news stories impacting Corpay this week:

• Positive Sentiment: Q4 results beat and management raised FY‑2026 guidance well above consensus — Corpay reported $6.04 EPS and $1.25B revenue (both ahead of estimates), and issued FY‑2026 EPS guidance of $25.50–26.50 (above the Street). This combination of beat + higher full‑year guidance is the primary bullish catalyst. Corpay Q4 earnings & guidance (MarketBeat)
• Positive Sentiment: Top sell‑side firms (Morgan Stanley and JPMorgan) raised price targets to $390 and maintained “overweight” ratings — these upgrades (implying ~16% upside from the reference price) added momentum to the rally. Price Target Raised to $390 at JPMorgan Chase & Co. Morgan Stanley Issues Positive Forecast
• Positive Sentiment: RBC raised its target to $363 (sector perform) — another incremental analyst lift that supports investor confidence in Corpay’s execution. RBC Issues Positive Forecast for Corpay
• Positive Sentiment: Corpay continues to refine its portfolio — the announced agreement to divest PayByPhone to Lightyear Capital underscores management’s pivot toward higher‑growth corporate payments and reduces non‑core noise. This asset sale is viewed favorably for margin and focus. Lightyear Capital to Acquire PayByPhone
• Neutral Sentiment: Macro/strategic write‑ups and deep dives highlight a bullish re‑classification thesis (payments infrastructure vs. commoditized payments), which can support multiple expansion but is more thematic than near‑term catalyst. Corpay: A Bull Case Theory (InsiderMonkey)
• Neutral Sentiment: Analyst and media deep dives (earnings call transcripts, Zacks, Seeking Alpha) provide additional context on which segments drove growth (vehicle & corporate payments) but are informational rather than immediate price catalysts. CPAY Q4 Deep Dive (Yahoo)
• Negative Sentiment: Q1‑2026 EPS guidance was set below consensus (Q1 guide 5.380–5.520 vs. Street ~5.82) — this near‑term softness partially offsets the stronger FY outlook and may keep some traders cautious around the next quarter. Q1 guidance below consensus (MarketBeat)

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Morgan Stanley upped their price target on Corpay from $379.00 to $390.00 and gave the stock an “overweight” rating in a report on Thursday. Cantor Fitzgerald raised shares of Corpay to a “strong-buy” rating in a research note on Tuesday, January 27th. Williams Trading set a $300.00 price objective on shares of Corpay in a research report on Monday, November 3rd. Wall Street Zen downgraded shares of Corpay from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. Finally, Scotiabank upgraded shares of Corpay to a “sector outperform” rating in a research report on Monday, January 26th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $373.00.

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.