Analysts have issued fresh price targets for Corpay, with Wolfe Research raising its target to US$450 from US$375 and Loop Capital initiating coverage with a US$406 target, while prior cuts from Baird and BofA underscore a wide range of views. The company reported strong first quarter 2026 results and raised its full-year 2026 outlook, citing five-year compound annual revenue growth of 15.4%, earnings per share growth of 15.8%, and an average return on equity of 31.7%. Corpay issued second quarter 2026 guidance with revenue of about US$1.295 billion at the midpoint, net income between US$301 million and US$321 million, and net income per diluted share between US$4.59 and US$4.79. Full-year 2026 guidance was raised to total revenue between US$5.25 billion and US$5.33 billion, net income between US$1.352 billion and US$1.432 billion, and net income per diluted share between US$20.39 and US$21.19. Between January 1 and March 31, 2026, Corpay repurchased 2,385,000 shares for US$785.98 million, and management indicated it is actively pursuing M&A while planning further divestitures of non-core businesses.
Corpay IncAnalysts raised price targets, company reported strong Q1 results and raised full-year 2026 guidance, with share buybacks and M&A activity.