Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Corpay, Inc. Market Cap
The Corpay, Inc. (CPAY) share price is expected to increase by 9.96% over the next year. This is based on calculating the average 12-month share price estimate provided by 18 stock analysts who have covered CPAY. Price targets range from $310 at the low end to $440 at the high end. The current analyst consensus for CPAY is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
CPAY is a stock in Technology which has been forecasted to be worth $392.81876 as an average. On the higher end, the forecast price is $440 USD by from and on the lower end CPAY is forecasted to be $310 by Daniel Perlin from RBC Capital.
These are the latest 20 analyst ratings of CPAY.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Peter Christiansen Citigroup | Buy | $430 | Maintains | Nov 14, 2024 |
| James Faucette Morgan Stanley | Equal-Weight | $350 | Maintains | Nov 11, 2024 |
| Sanjay Sakhrani Keefe, Bruyette & Woods | Outperform | $400 | Maintains | Nov 8, 2024 |
| James Faucette Morgan Stanley | Equal-Weight | $325 | Maintains | Oct 29, 2024 |
| Ramsey El-Assal Barclays | Overweight | $415 | Maintains | Oct 28, 2024 |
| Andrew Bauch Wells Fargo | Equal-Weight | $320 | Maintains | Oct 21, 2024 |
| Trevor Williams Jefferies | Buy | $425 | Maintains | Oct 16, 2024 |
| Mihir Bhatia B of A Securities | Buy | $375 | Maintains | Oct 15, 2024 |
| Ramsey El-Assal Barclays | Overweight | $385 | Maintains | Oct 10, 2024 |
| Rufus Hone BMO Capital | Outperform | $390 | Maintains | Oct 3, 2024 |
| Trevor Williams Jefferies | Buy | $375 | Maintains | Sep 18, 2024 |
| Darrin Peller Wolfe Research | Peer Perform | Upgrade | Sep 3, 2024 | |
| Tien-Tsin Huang JP Morgan | Overweight | $353 | Maintains | Aug 20, 2024 |
| Tien-Tsin Huang JP Morgan | Overweight | $327 | Maintains | Aug 8, 2024 |
B of A Securities | Buy | $310 | Maintains | Aug 8, 2024 |
Raymond James | Outperform | $311 | Maintains | Aug 8, 2024 |
| Daniel Perlin RBC Capital | Sector Perform | $310 | Reiterates | Aug 8, 2024 |
| Trevor Williams Jefferies | Buy | $350 | Maintains | Jul 18, 2024 |
JP Morgan | Overweight | $326 | Maintains | Jul 12, 2024 |
Evercore ISI Group | Outperform | $345 | Maintains | Jun 25, 2024 |
When did it IPO
2010
Staff Count
10,500
Country
United States
Sector/Industry
Technology/Software - Infrastructure
CEO
Mr. Ronald F. Clarke
Market Cap
$26.57B
In 2023, CPAY generated $3.76B in revenue, which was a increase of 9.65% from the previous year. This can be seen as a signal that CPAY's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Mon, 02 Dec 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - PDI Technologies acquired Comdata Merchant Solutions from Corpay Inc., gaining POS hardware and software for truck stops and commercial fueling sites, enhancing its service offerings.
Why It Matters - PDI Technologies' acquisition of Comdata's Merchant Solutions enhances its market position in commercial fueling, potentially increasing revenue and competitiveness, impacting CPAY's stock performance.
Mon, 02 Dec 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Corpay, Inc. (NYSE: CPAY) has acquired GPS Capital Markets, enhancing its corporate payments division. The company anticipates revenues exceeding $1.5 billion by 2025.
Why It Matters - Corpay's acquisition of GPS Capital Markets enhances its cross-border payment capabilities, potentially boosting revenue to $1.5 billion by 2025, indicating strong growth prospects for investors.
Mon, 02 Dec 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Corpay, Inc. (NYSE: CPAY) announced that CFO Tom Panther will leave effective March 15, 2025, to join the National Christian Foundation. An executive search for a new CFO is underway.
Why It Matters - Leadership changes can impact a company's stability and strategic direction, potentially affecting stock performance and investor confidence in Corpay's future.
Thu, 21 Nov 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - CPAY is actively pursuing acquisitions and investments to expand its customer base, workforce, and operational capabilities.
Why It Matters - CPAY's acquisitions and investments signal growth potential, likely enhancing market share and profitability, which can boost investor confidence and stock value.
Mon, 18 Nov 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Corpay, Inc. (NYSE: CPAY) has signed a multi-year agreement with World Aquatics to continue providing foreign exchange payment solutions for their operations.
Why It Matters - Corpay's multi-year agreement with World Aquatics enhances its market position in foreign exchange payments, potentially driving revenue growth and increasing investor confidence in CPAY's future performance.
Thu, 07 Nov 2024
Sentiment - POSITIVE
Source - Reuters
Summary - Corpay reported a 6% increase in third-quarter adjusted profit, fueled by growth in its corporate and vehicle payments divisions.
Why It Matters - Corpay's 6% profit increase indicates strong demand in key segments, suggesting robust growth potential and positive momentum, which may enhance investor confidence and drive stock performance.
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