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10 stories mentioning CPAY

Every FINWIRES story that references CPAY, newest first.

Insider Trading

Corpay Insider Sold Shares Worth $6,126,585, According to a Recent SEC Filing

Armando Lins Netto, Group President, Brazil and US Vehicle Payments, on May 27, 2026, sold 17,201 shares in Corpay (CPAY) for $6,126,585. Following the Form 4 filing with the SEC, Netto has control over a total of 15,834 common shares of the company, with 15,834 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1175454/000119312526248364/xslF345X05/ownership.xml

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Research

Loop Capital Initiates Corpay at Buy With $406 Price Target

Corpay (CPAY) has an average rating of overweight and mean price target of $389.93, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

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Wire

JPMorgan Adjusts Corpay Price Target to $400 From $390

Corpay (CPAY) has an average rating of overweight and mean price target of $384.93, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $339.43, Change: $+33.68, Percent Change: +11.02%

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Wire

Morgan Stanley Adjusts Price Target on Corpay to $400 From $390

Corpay (CPAY) has an average rating of overweight and mean price target of $384.93, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $338.48, Change: $+32.73, Percent Change: +10.70%

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Research

Research Alert: Cpay Delivers Q1 Beat With 25% Revenue Growth And Corporate Payments Momentum

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:CPAY delivered strong Q1 results with revenue of $1.26B (+25% Y/Y, +11% organic), beating estimates by $50M and marking the fourth consecutive quarter of double-digit organic growth. Adjusted EPS of $5.80 surpassed the prior year's $4.51 and beat Wall Street's $5.47 estimate. Corporate Payments was the standout performer with 16% organic growth to $503.9M despite interest rate headwinds, while Vehicle Payments showed continued momentum with 10% organic growth to $563.9M. Management noted that strong organic growth demonstrates robust underlying business momentum, with new payables and cross-border enterprise clients contributing to performance. Adjusted EBITDA increased 24% to $688.6M with a 54.6% margin, exceeding expectations by over 100 bps due to strong revenue flow-through. CPAY deployed $786M in share repurchases during the quarter while maintaining a conservative 2.7x leverage ratio, demonstrating disciplined capital allocation.

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Wire

Corpay Collaborates With JPMorgan, BVNK to Enable Blockchain-Based Cross-Border Payments

Corpay (CPAY) said Tuesday it has partnered with JPMorgan Chase (JPM) and BVNK to integrate blockchain-based settlement into its cross-border payments platform.The company said the agreements will support 24/7 stablecoin and tokenized fiat payouts, expanding its multi-rail network, which includes SWIFT, proprietary iACH, and real-time local payment systems.Shares of Corpay were down 1.3% early Tuesday trading.Price: $306.96, Change: $-3.87, Percent Change: -1.25%

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US Markets

Payment-Focused Companies' Results Could Largely Meet or Top Views With Cautious Consumer Outlook, RBC Says

Upcoming results of several key payment-focused and financial technology companies are likely to either meet or exceed expectations, though firms are seen having a cautious outlook on the consumer amid war-driven inflationary pressures, RBC Capital Markets said in a note e-mailed Monday.PayPal (PYPL), Fiserv (FISV), Shift4 Payments (FOUR), Affirm (AFRM), Block (XYZ), Corpay (CPAY), Global Payments (GPN), Fidelity National Information Services (FIS), Jack Henry & Associates (JKHY), Rocket (RKT), Toast (TOST), and NCR Voyix (VYX) are among the companies scheduled to report their latest quarterly financial results this week."We believe that the payments group will deliver in-line to better-than-expected results, except for (Shift4), which we believe will be impacted by seasonally weaker and Middle East-impacted Global Blue; PayPal, and (NCR)," RBC analyst Daniel Perlin said in a note to clients. "While we expect higher tax returns to benefit spending trends this quarter, we expect management teams to have a cautious outlook on the consumer on the basis of higher fuel prices and a general inflationary environment impacting discretionary spending."High recurring revenue and a strong demand backdrop likely insulate Jack Henry and Fidelity National from broader economic volatility, according to the brokerage. "The macro is not in the driver seat for them, and we expect management teams to continue reinforcing their view that the cores have a data and compliance moat from (artificial intelligence) disruption," Perlin said.Recently, Visa's (V) latest quarterly results showed payments volume growth in the US, while Mastercard (MA) saw purchase volume growth in that market, according to RBC. This indicates that restaurant and retail has likely "held up," though cross-border and travel continue to be areas of caution, Perlin said.PayPal's branded checkout performance in the first quarter will likely be pressured due to exposure to the Middle East conflict and pullback from low-income consumers. However, the investors will be focused on the company's potential future strategic direction instead of just the quarterly results, according to the note.RBC expects Global Payments to face "modest" headwinds in the first half of 2026 due to its exposure to Middle Eastern airlines and the ongoing conflict in the region. Despite having minimal Middle East ties, inflation and small- and medium-business exposure could challenge Fiserv in the near term.Affirm is seeing robust consumer demand despite high fuel costs, RBC said. "Affirm's potential Middle East exposure is more of a knock-on effect associated with higher oil prices crowding out overall consumer spending, and with (Affirm's) tilt toward lower-end consumers, it's probable to assume some potential weakness in that cohort."Block's Cash App Borrow offering is likely to see strong demand amid consumer pressure, according to the brokerage. "As for (the first quarter), intra-quarter conversations suggest overall volume trends in both Cash App and Seller appear to be holding up, with additional levers benefiting (the second quarter)," Perlin said.Energy prices have surged as the US-Israel war with Iran curtailed shipments through the crucial Strait of Hormuz. The conflict paused following a recent ceasefire between Washington and Tehran, but a framework for a permanent truce is yet to be reached. The war started at the end of February.Price: $50.52, Change: $+0.08, Percent Change: +0.16%

$AFRM$CPAY$FIS$FISV$FOUR$GPN$JKHY$PYPL$RKT$TOST$VYX$XYZ
Wire

Corpay Launches AI Features for Spend Management

Corpay (CPAY) said Tuesday it has launched new AI capabilities within Corpay Complete to help businesses manage expenses.New features include an AI virtual assistant, automated receipt matching and reconciliation, and real-time reporting, it said.Price: $314.62, Change: $+1.85, Percent Change: +0.59%

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Wire

Morgan Stanley Lifts Corpay Price Target to $390 From $379, Maintains Overweight Rating

Morgan Stanley Lifts Corpay Price Target to $390 From $379, Maintains Overweight Rating

$CPAY
Wire

WEX, Corpay Poised for Q1 Lift From Higher Fuel-Transaction Revenue, BofA Says

WEX (WEX) and Corpay (CPAY) are positioned to benefit in Q1 from the jump in US fuel prices, which boosts transaction-based revenue in their fleet and vehicle-payments businesses, BofA Securities said Wednesday in a report.WEX is tracking ahead of expectations for the quarter, with revenue and adjusted earnings likely to exceed consensus as higher fuel prices flow through its fuel-linked payment volumes, the report said. BofA forecasts Q1 revenue of $676 million and adjusted EPS of $4.11, above Wall Street estimates.Corpay is expected to deliver results broadly in line with consensus, with investor attention focused on any updates to its outlook and progress on merger and divestiture plans, the report said. BofA models Q1 revenue of $1.21 billion and adjusted EPS of $5.45.WEX is scheduled to report results on April 22 with Corpay on May 6.BofA raised its price target on WEX stock to $193 from $180 and maintained its buy rating. On Corpay, BofA reduced its price target to $377 from $384 and reiterated its buy rating.WEX shares rose 2.2% in Wednesday trading, and Corpay gained 0.9%.Price: $171.67, Change: $+3.68, Percent Change: +2.19%

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