RBC Capital Maintains Sector Perform on Corpay, Raises Price Target to $438

Why Is Corpay (CPAY) Up 5.4% Since Last Earnings Report?

Corpay reported Q2 2026 earnings and revenues that exceeded consensus estimates, with adjusted EPS of $7 (up 36% YoY) and revenues of $1.34 billion (up 21% YoY). Corporate Payments segment showed exceptional momentum with 42% YoY revenue growth and 43% pro-forma organic spend growth. The company raised full-year 2026 guidance and expanded EBITDA margins to 57.3%. However, the stock received a Zacks Rank #3 (Hold) rating, suggesting in-line returns expected in the near term.

Scotiabank Initiates Coverage On Corpay with Sector Outperform Rating, Announces Price Target of $536

Wolfe Research Maintains Outperform on Corpay, Raises Price Target to $530

Wolfe Research analyst Darrin Peller maintains Corpay (NYSE:CPAY) with a Outperform and raises the price target from $475 to $530.