Corpay (CPAY) Stock Overview
Operates as a payments company that helps businesses and consumers to manage and pay their expenses. It operates through Corporate Payments, Vehicle Payments, Lodging Payments, and Other segments. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 3/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
CPAY Community Fair Values
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Analyst Price Targets
Top Community Narratives
Corpay
13.5% overvalued intrinsic discount
Corpay's Revenue is Expected to Grow 13.78% as Future PE Rises to 19.56x
View narrativeWI
Published 10 Oct 2025
Corpay, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$397.76 |
| 52 Week High | US$427.46 |
| 52 Week Low | US$252.84 |
| Beta | 0.87 |
| 1 Month Change | -2.29% |
| 3 Month Change | 15.20% |
| 1 Year Change | 31.74% |
| 3 Year Change | 47.33% |
| 5 Year Change | 48.91% |
| Change since IPO | 1,359.67% |
Recent News & Updates
Narrative Update • Sep 04
CPAY: Corporate Payments Focus And Buybacks Will Test Clean Multiple Sustainability
Analysts have nudged their fair value estimate for Corpay up from about $450.64 to $461.00, as they factor in higher price targets supported by ongoing focus on corporate payments growth, expectations for a cleaner multiple on that segment, and updated models following recent Q2 results and guidance. Analyst Commentary Recent research on Corpay highlights a cluster of higher price targets and generally positive views on execution, especially around the corporate payments segment and updated guidance after Q2.Seeking Alpha • Aug 23
Corpay's Corporate Payments Push Could Unlock Its Next Growth Phase
Summary Corpay is rated BUY after strong 2Q26 results and raised full-year guidance, with robust earnings and revenue growth. CPAY is shifting focus from vehicle to corporate payments, targeting a $560 billion TAM with less than 1% current share. 2Q26 revenue rose 21% to $1.34B, adjusted EBITDA margin expanded to 57.3%, and free cash flow hit $1.6B TTM. Trading at 10x forward EV/EBITDA, a 29% discount to peak, CPAY supports share price via buybacks and potential accretive acquisitions. Read the full article on Seeking AlphaNarrative Update • Aug 21
CPAY: Raised Guidance And Capital Returns Will Test Organic Growth Durability
Analysts have nudged their price targets on Corpay higher, with the modelled fair value moving from about $438.50 to roughly $450.64, supported by recent research that cites raised revenue and EPS outlooks, solid Q2 organic growth, and updated forecasts from several firms. Analyst Commentary Recent research on Corpay points to a cluster of higher price targets following Q2 results and updated outlooks.Recent updates
Narrative Update • Sep 04
CPAY: Corporate Payments Focus And Buybacks Will Test Clean Multiple Sustainability
Analysts have nudged their fair value estimate for Corpay up from about $450.64 to $461.00, as they factor in higher price targets supported by ongoing focus on corporate payments growth, expectations for a cleaner multiple on that segment, and updated models following recent Q2 results and guidance. Analyst Commentary Recent research on Corpay highlights a cluster of higher price targets and generally positive views on execution, especially around the corporate payments segment and updated guidance after Q2.Seeking Alpha • Aug 23
Corpay's Corporate Payments Push Could Unlock Its Next Growth Phase
Summary Corpay is rated BUY after strong 2Q26 results and raised full-year guidance, with robust earnings and revenue growth. CPAY is shifting focus from vehicle to corporate payments, targeting a $560 billion TAM with less than 1% current share. 2Q26 revenue rose 21% to $1.34B, adjusted EBITDA margin expanded to 57.3%, and free cash flow hit $1.6B TTM. Trading at 10x forward EV/EBITDA, a 29% discount to peak, CPAY supports share price via buybacks and potential accretive acquisitions. Read the full article on Seeking AlphaNarrative Update • Aug 21
CPAY: Raised Guidance And Capital Returns Will Test Organic Growth Durability
Analysts have nudged their price targets on Corpay higher, with the modelled fair value moving from about $438.50 to roughly $450.64, supported by recent research that cites raised revenue and EPS outlooks, solid Q2 organic growth, and updated forecasts from several firms. Analyst Commentary Recent research on Corpay points to a cluster of higher price targets following Q2 results and updated outlooks.Narrative Update • Aug 07
CPAY: Capital Returns And Payment Simplification Support Measured Repricing Outlook
Corpay's updated analyst price target has moved from $395.14 to $438.50. This reflects recent model revisions that factor in Q2 results, 10% organic revenue growth with 16% growth in Corporate Payments, raised 2026 guidance, and a series of higher targets from firms that now sit in the low to mid $400s range.Narrative Update • Jun 25
CPAY: Capital Returns And Simplification Efforts Will Drive Future Repricing
Analysts have lifted their average price target on Corpay to about $450, an increase of roughly $75, citing greater confidence in the company's ability to sustain growth, simplify its operations, and return capital to shareholders. Analyst Commentary Recent research on Corpay points to a mixed but generally constructive backdrop, with several bullish analysts highlighting potential for execution on growth and capital returns, while more cautious voices focus on prior target cuts and the risk that expectations may already be demanding.Narrative Update • Jun 06
CPAY: Q1 Earnings Beat And Capital Returns Will Drive Future Rerating
Analysts have nudged their Corpay price targets higher, with recent Street research pointing to levels such as $406 and up to $450 as they highlight the company's potential to drive durable growth, streamline operations, and return capital. Analyst Commentary Recent research around Corpay centers on how the company can turn its current positioning into long term growth while keeping capital discipline in focus.Narrative Update • May 20
CPAY: Raised Profitability Assumptions And Blockchain Expansion Will Support Future Rerating
Analysts have raised the Corpay price target by about $10 to $390, reflecting updated assumptions that include a slightly lower discount rate, a modestly higher profit margin, and a reduced future P/E multiple, while also taking into account recent supportive research coverage and new initiations on the stock. Analyst Commentary Recent research on Corpay reflects a mix of optimistic and more cautious views, with several price target revisions and a new initiation that help frame how analysts are thinking about the stock's valuation, execution, and growth profile.Narrative Update • Apr 19
CPAY: Rising Margins And Sports Partnerships Will Support Future Rerating
Analysts now set Corpay's price target at $379.54, up from $361.23. The revision reflects updated assumptions that include a slightly higher discount rate, more moderate revenue growth expectations, stronger projected profit margins and a lower future P/E multiple in recent research updates.Narrative Update • Feb 02
CPAY: Bullish Coverage And Mastercard Stake Will Support Future Rerating
Analysts have adjusted their fair value estimate for Corpay to about $361 from roughly $352, reflecting recent coverage that highlights continued execution, moderated revenue growth and margins, and a higher assumed future P/E multiple supported by new bullish initiations and an upgrade to Overweight. Analyst Commentary Recent research coverage on Corpay has been mixed, with some bullish analysts raising their expectations and others trimming price targets while staying positive on the business.Narrative Update • Jan 19
CPAY: Future Returns Will Balance Stablecoin Risks With Buybacks And Mastercard Stake
Corpay's analyst price target has edged down from about $353.46 to roughly $351.58, as analysts factor in slightly lower valuation multiples following the recent target cut to $342 and ongoing concerns that stablecoin developments could affect growth and margins over the next few quarters. Analyst Commentary Analysts are parsing a mix of solid execution and valuation reset, with the recent price target trim to $342 helping frame both the upside case and the key overhangs you should keep in mind.Narrative Update • Jan 05
CPAY: Share Repurchases And Mastercard Stake Will Support Future Upside Potential
Narrative Update on Corpay Analysts have trimmed their Corpay price target to $342 from $380, reflecting slightly higher assumed discount rates, a modestly higher future P/E multiple, and ongoing concerns that stablecoin related pressure on growth and margins could linger for the next few quarters despite a "nice beat and raise" in Q3. Analyst Commentary Recent commentary around Corpay highlights a mix of confidence in execution and caution on valuation, with the reduced price target to $342 reflecting that balance.Narrative Update • Dec 14
CPAY: Share Buybacks And Mastercard Partnership Will Drive Future Upside
Analysts have nudged their price target on Corpay slightly higher, effectively valuing the shares about $2 more per share. They are incrementally more confident in the company’s long-term revenue growth, margin durability, and earnings multiple, despite ongoing sentiment headwinds around stablecoins.Narrative Update • Nov 30
CPAY: Share Buybacks And Partnerships Will Drive Upside Amid Stablecoin Concerns
Corpay’s analyst price target has risen slightly from $350.00 to $351.25, as analysts point to solid execution despite ongoing concerns about the impact of stablecoins on growth and profit margins. Analyst Commentary Recent street research highlights a mix of optimism and caution among analysts covering Corpay, reflecting both strong quarterly execution and sustained market uncertainties.Narrative Update • Nov 16
CPAY: Future Earnings And Partnerships Will Drive Shareholder Confidence Amid Stablecoin Uncertainty
Analysts have lowered their fair value estimate for Corpay from $368.50 to $350.00. They cited solid growth, ongoing concerns about stablecoin impacts, and a reduced valuation multiple as reasons for this adjustment.Narrative Update • Oct 31
CPAY: Future Global Payment Expansion Will Unlock Attractive Entry Opportunity
The analyst price target for Corpay has been lowered by $4 to $356. Analysts cite continued organic growth and capital allocation flexibility, while making minor adjustments to their outlook following the latest company update.Narrative Update • Oct 17
Expanding Cross-Border Payments Will Redefine Global Digital Commerce
Corpay's analyst price target has edged down from $379 to $375. This reflects a slightly more conservative outlook as analysts weigh ongoing organic growth along with recent capital allocation decisions and the impact of strategic acquisitions.Narrative Update • Oct 03
Expanding Cross-Border Payments Will Redefine Global Digital Commerce
Corpay's analyst price target has been revised downward by $4 to $356. Analysts cite the company's consistent organic growth, prudent capital allocation, and recent acquisition activity as supportive factors despite near-term adjustments following earnings.Narrative Update • Sep 04
Expanding Cross-Border Payments Will Redefine Global Digital Commerce
Analysts generally remain positive on Corpay, citing its strategic Alpha Group acquisition, reinforced Q2 guidance, and resilient organic growth as bullish factors, with only modest adjustments to targets mainly due to macro conditions, resulting in the consensus price target holding steady at $383.45. Analyst Commentary Bullish analysts highlight Corpay's acquisition of Alpha Group as a net positive, viewing it as consistent with the company's strategy to expand its cross-border payments capabilities and client base via M&A.Seeking Alpha • Jan 22
Corpay: Prominent On GARP Screens And To Benefit From An America First Policy
Summary Corpay is trading at a discount despite a 37% rise in share price, outperforming the S&P 500's 20% increase. CPAY's fundamentals and growth projections suggest further upside, maintaining a BUY rating with a target price of $431 to $475. Q3 highlights include 6% YOY revenue growth, improved EBITDA margins, and strong cash generation, with significant share repurchases and a robust balance sheet. President Trump's America First policy is expected to boost domestic economic activity, potentially revising CPAY's revenue and earnings growth higher. Read the full article on Seeking AlphaSeeking Alpha • Dec 05
Corpay: Fairly Valued At Best
Summary Corpay has a diversified revenue model with significant contributions from its Vehicle Payments and Corporate Payments segments. The company's growth prospects are supported by the increasing adoption of AP automation and the recent acquisitions of Paymerang and GPS Capital Markets. Key risks include reliance on technology, credit risk, and potential profit reduction from very low fuel prices despite increased transaction volumes. Corpay's strong performance is evident with 18% YoY growth in Corporate Payments and a 14% YoY increase in EPS. The valuation is, however, subject to debate as CPAY seems overvalued compared to a relevant peer and the sector but fairly valued historically. Read the full article on Seeking AlphaShareholder Returns
| CPAY | US Diversified Financial | US Market | |
|---|---|---|---|
| 7D | -2.6% | -0.06% | 0.5% |
| 1Y | 31.7% | -1.8% | 12.0% |
Return vs Industry: CPAY exceeded the US Diversified Financial industry which returned -1.8% over the past year.
Return vs Market: CPAY exceeded the US Market which returned 12% over the past year.
Price Volatility
| CPAY volatility | |
|---|---|
| CPAY Average Weekly Movement | 3.9% |
| Diversified Financial Industry Average Movement | 5.8% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in US Market | 15.2% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: CPAY has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: CPAY's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1986 | 11,800 | Ron Clarke | www.corpay.com |
Corpay, Inc. operates as a payments company that helps businesses and consumers to manage and pay their expenses. It operates through Corporate Payments, Vehicle Payments, Lodging Payments, and Other segments. The company offers vehicle payment solutions for fuel, tolls and parking, vehicle compliance, auto insurance and road assistance, fleet maintenance, and long-haul transportation services, as well as prepaid food and transportation vouchers and cards.
Corpay, Inc. Fundamentals Summary
| CPAY fundamental statistics | |
|---|---|
| Market cap | US$26.54b |
| Earnings (TTM) | US$1.13b |
| Revenue (TTM) | US$5.02b |
23.0x
P/E Ratio5.2x
P/S RatioIs CPAY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CPAY income statement (TTM) | |
|---|---|
| Revenue | US$5.02b |
| Cost of Revenue | US$977.04m |
| Gross Profit | US$4.04b |
| Other Expenses | US$2.91b |
| Earnings | US$1.13b |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 17.26 |
| Gross Margin | 80.54% |
| Net Profit Margin | 22.58% |
| Debt/Equity Ratio | 275.3% |
How did CPAY perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/18 22:12 |
| End of Day Share Price | 2026/09/18 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Corpay, Inc. is covered by 30 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Koning | Baird |
| Mihir Bhatia | BofA Global Research |
| Mark Palmer | BTIG |