JPMorgan Chase & Co. Issues Positive Forecast for Corpay (NYSE:CPAY) Stock Price

Posted by Stanley Muller on Nov 5th, 2026

Corpay (NYSE:CPAY – Get Free Report) had its target price lifted by analysts at JPMorgan Chase & Co. from $470.00 to $500.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The firm currently has an “overweight” rating on the corporate payments company’s stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 11.67% from the stock’s previous close.

A number of other equities research analysts have also weighed in on the stock. Wolfe Research lifted their target price on shares of Corpay from $475.00 to $530.00 and gave the company an “outperform” rating in a research note on Tuesday, August 25th. Weiss Ratings raised shares of Corpay from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. Keefe, Bruyette & Woods raised their price objective on shares of Corpay from $470.00 to $525.00 and gave the stock an “outperform” rating in a report on Thursday. Wall Street Zen cut Corpay from a “buy” rating to a “hold” rating in a research report on Saturday, October 24th. Finally, Morgan Stanley upped their target price on Corpay from $455.00 to $460.00 and gave the stock an “overweight” rating in a report on Wednesday, October 28th. Eleven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $465.15.

Read Our Latest Research Report on CPAY

Corpay Trading Up 7.0%

NYSE:CPAY traded up $29.16 during trading hours on Thursday, hitting $447.76. The company had a trading volume of 1,754,383 shares, compared to its average volume of 591,315. The company has a market capitalization of $29.40 billion, a PE ratio of 27.25, a price-to-earnings-growth ratio of 1.11 and a beta of 0.94. The stock has a 50-day moving average price of $403.19 and a 200 day moving average price of $359.03. Corpay has a 52 week low of $259.05 and a 52 week high of $479.53. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.97 and a quick ratio of 0.97.

Corpay (NYSE:CPAY – Get Free Report) last issued its quarterly earnings data on Wednesday, November 4th. The corporate payments company reported $7.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.20 by $0.34. Corpay had a net margin of 22.72% and a return on equity of 42.18%. The business had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same period in the previous year, the firm earned $5.70 EPS. The company’s quarterly revenue was up 17.9% compared to the same quarter last year. On average, equities research analysts predict that Corpay will post 25.81 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Ronald Clarke sold 119,486 shares of the firm’s stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $412.40, for a total transaction of $49,276,026.40. Following the completion of the transaction, the chief executive officer owned 2,354,330 shares of the company’s stock, valued at $970,925,692. This trade represents a 4.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Steven Stull sold 4,000 shares of Corpay stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $410.66, for a total value of $1,642,640.00. Following the transaction, the director owned 23,598 shares of the company’s stock, valued at $9,690,754.68. The trade was a 14.49% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 220,860 shares of company stock valued at $91,395,514. 5.19% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Corpay

Several institutional investors and hedge funds have recently modified their holdings of the stock. Knights of Columbus Asset Advisors LLC bought a new position in Corpay in the 3rd quarter worth about $5,349,000. Lido Advisors LLC grew its position in Corpay by 67.1% during the 3rd quarter. Lido Advisors LLC now owns 2,452 shares of the corporate payments company’s stock valued at $953,000 after purchasing an additional 985 shares during the last quarter. Keybank National Association OH increased its stake in Corpay by 111.6% during the 3rd quarter. Keybank National Association OH now owns 2,436 shares of the corporate payments company’s stock valued at $904,000 after purchasing an additional 1,285 shares in the last quarter. New York Life Investment Management LLC increased its stake in Corpay by 49.7% during the 3rd quarter. New York Life Investment Management LLC now owns 14,644 shares of the corporate payments company’s stock valued at $5,517,000 after purchasing an additional 4,863 shares in the last quarter. Finally, AlphaCore Capital LLC increased its stake in Corpay by 162.6% during the 3rd quarter. AlphaCore Capital LLC now owns 1,896 shares of the corporate payments company’s stock valued at $708,000 after purchasing an additional 1,174 shares in the last quarter. 98.84% of the stock is currently owned by institutional investors.

Key Headlines Impacting Corpay

Here are the key news stories impacting Corpay this week:

Positive Sentiment: Q3 results beat expectations: Adjusted EPS was $7.54 versus estimates of about $7.20, while revenue of $1.38 billion topped forecasts of $1.36 billion and grew 18% year over year. Corporate Payments was a key growth driver. Corpay Q3 Earnings Beat Estimates, Revenues Increase 18% Y/Y
Positive Sentiment: Raised guidance and growth outlook: Corpay lifted its full-year 2026 revenue and earnings outlook; its revenue forecast of $5.34 billion–$5.36 billion is above the cited $5.32 billion estimate. Management also projected 9%–11% organic revenue growth in 2027 and plans to deploy about $2 billion of free cash flow. Corpay Q3 Adjusted Earnings, Revenue Increase; Fiscal 2026 Outlook Raised Corpay projects 2027 growth and free cash flow plans
Positive Sentiment: Analysts raised price targets: Keefe, Bruyette & Woods raised its target to $525 from $470, and Scotiabank lifted its target to $539 from $536; both maintained outperform ratings. Oppenheimer also raised its target to $461 from $454 and reiterated outperform. Keefe, Bruyette & Woods price target update Scotiabank price target update
Neutral Sentiment: Corpay completed the sale of its vehicle maintenance business. The reports provided no details on the transaction’s financial impact. Corpay completes sale of vehicle maintenance business

Corpay Company Profile

(Get Free Report)

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.