Corpay, IncNYSE: CPAY
Financials · Transaction & Payment Processing Services
$345.14
-2.32%
Vol: 607K
Research Digest
Friday, June 19, 2026
Corpay signed a foreign exchange supply agreement with Norwegian soccer club Vålerenga, extending its cross-border payments reach into professional sports.
Corpay's Cross-Border business announced in early June 2026 an agreement with Vålerenga Fotball AS to become its Official Foreign Exchange Supplier, providing FX risk management tools and a global payments platform for the club's international operations. While a small deal, it signals Corpay's strategy to penetrate new verticals beyond corporate treasury. The company participated in investor conferences on June 1, 2026, but provided no updated guidance. Insider selling was noted on June 11, with Group President Armando Netto selling 4,560 shares. The stock trades at approximately $353 and has gained 15.3% over the past six months, tracking broadly with the market. No earnings or major corporate actions are expected near-term.
Previous Market Intelligence
13 daysJun 18No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 17No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 16No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 15No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 21Loop Capital initiates Corpay coverage with Buy rating following raised guidancePositive▶
On May 15, 2026, Loop Capital initiated coverage on Corpay with a Buy rating, the latest in a wave of bullish analyst actions after Q1 results posted on May 7 (revenue up 25% to $1.26B, adjusted EPS $5.80 up 29%). Earlier in May, Baird raised PT to $400 from $380, Oppenheimer to $388 from $378, and William Blair initiated at Buy. Corpay raised 2026 EPS guidance to $26.30-$27.10 and Q2 EPS to $6.55 midpoint. Stock rose 6.18% to $348.50 to snap a five-day losing streak. New BVNK stablecoin partnership and AI capabilities support cross-border momentum. Risk: high expectations baked into guidance and elevated multiple on continued M&A integration (Alpha Group, AvidXchange).
May 20Corpay crushed Q1 with 25% revenue growth to $1.26B and 11% organic growth, raised full-year guidance and partnered with BVNK on stablecoin wallets.Positive▶
Corpay reported Q1 2026 revenue of $1.26B (up 25% YoY) and cash EPS of $5.80 (up 29% YoY) on May 7, beating expectations by 200 basis points with 11% organic revenue growth for the fourth consecutive quarter. Corporate payments grew 16% organically, now 40% of total revenue; vehicle payments grew 10%, lodging stabilized. Management raised FY26 guidance to $5.29B revenue (midpoint) and $26.70 cash EPS. On May 11, Corpay partnered with BVNK to add stablecoin wallets for global customers and announced participation in the J.P. Morgan TMC Conference. A virtual Cross-Border Business teach-in was hosted May 13. Stock traded at $327.45 on May 18 (52-week range $252.84-$361.99), market cap $21.4B at P/E of 19.6.
May 19No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 18Corpay Q1 revenue rises 25% to $1.26B, raises FY guidance; signs JPMorgan/BVNK blockchain settlement dealPositive▶
Corpay reported Q1 2026 revenue of $1.26 billion (up 25% YoY) and cash EPS of $5.80 (up 29%) on May 7, with organic revenue growth of 11%, 200 basis points above its expectations. Corporate payments grew 16% organically and now represent 40% of revenue; vehicle payments grew 10%. Management raised full-year 2026 revenue guidance to $5.29 billion midpoint and cash EPS to $26.70. Corpay signed agreements with JPMorgan and BVNK to add real-time blockchain/stablecoin rails for B2B cross-border settlement, announced May 11. Multiple analysts raised price targets: Baird and Morgan Stanley to $400, Oppenheimer to $388. Stock jumped 12.51% on the news. At the May 7 annual meeting, shareholders elected all 12 board nominees.
May 15Corpay partnered with stablecoin infrastructure platform BVNK to offer stablecoin wallets to global customers and hosted a Cross-Border Business virtual teach-in on May 13 with management.Positive▶
On May 11, 2026, Corpay announced a partnership with stablecoin infrastructure platform BVNK to provide stablecoin wallets and settlement capabilities to its global corporate customers, marking a notable push into digital-asset payments. On May 13, CEO Ron Clarke, CFO Peter Walker and Cross-Border Group President Mark Frey hosted a virtual investor teach-in on the cross-border business. The moves follow Q1 2026 results that beat expectations: revenue $1.26B (+25% YoY), adjusted EPS $5.80 (+29%), and the 4th consecutive quarter of 11% organic growth. The board increased the buyback authorization by $1B and secured commitments for an incremental $1B+ credit facility expansion. Baird raised PT to $400 from $380. Risk: FX volatility and integration risk on growth investments.
May 14Corpay partnered with stablecoin platform BVNK on May 11 to add stablecoin wallets after Q1 beat and raised guidancePositive▶
On May 11, 2026, Corpay announced a partnership with stablecoin infrastructure platform BVNK to roll out stablecoin wallets and settlement to its global customer base, expanding its cross-border payments stack. Q1 2026 EPS of $5.80 beat the $5.50 estimate on revenue of $1.26B (+25.4% YoY); FY26 EPS guidance raised to $26.30-$27.10 with revenue guidance lifted to $5.29B midpoint (17% growth). The company hosts a virtual Cross-Border Business teach-in May 13 and presents at JP Morgan TMT on May 18 at 9:05 AM ET. Stock surged ~10.7% in past week to ~$344, near 52-week high. Baird and Morgan Stanley both raised PTs to $400.
May 13Corpay partnered with BVNK on May 11 to add stablecoin wallets globally, and hosts a virtual Cross-Border teach-in May 13 following Q1 beat with EPS $5.80 vs $5.50 consensus.Positive▶
On May 11, 2026, Corpay partnered with BVNK to add stablecoin wallets for global customers. Corpay is hosting a virtual teach-in on its Cross-Border Business on May 13, 2026, and will participate in the J.P. Morgan Global Technology, Media and Communications Conference on May 18. The May 7 Q1 2026 earnings beat (EPS $5.80 vs $5.50 expected, revenue $1.26B vs $1.21B) drove a stock rally with shares up 1.4% to $310. Corporate Payments revenue jumped 46% YoY with organic revenue up 11%. Management raised FY 2026 EPS guidance to $26.30-$27.10.
May 12Corpay raised FY26 EPS guidance to $26.30-$27.10 after Q1 revenue of $1.26B (+25% YoY); JP Morgan and BVNK signed as Blockchain Infrastructure Partners May 5.Positive▶
Corpay posted Q1 2026 revenue of $1.26B (+25% YoY) and adjusted EPS of $5.80 (+29%), raising FY 2026 guidance to $26.30-$27.10 EPS and Q2 to $6.45-$6.65, both above consensus. The company signed JP Morgan and BVNK as Blockchain Infrastructure Partners on May 5, 2026, signaling deeper crypto/stablecoin payment rails ambitions. A virtual Cross-Border Business teach-in is scheduled for May 13 at 3:00pm ET, and Corpay will attend JP Morgan's Global TMT Conference on May 18 in Boston with a fireside chat at 9:05 a.m. ET. Analyst sentiment remains supportive with 11 Buy and 3 Hold ratings.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| VVISA | $327.85 | -0.77% | +0.0% | 24.4x | 0.75 | $688.7B |
| MAMASTERCARD | $491.10 | -0.38% | +0.0% | 23.7x | 0.73 | $476.6B |
| XYZBLOCK | $74.73 | +2.59% | +0.0% | 15.8x | 2.54 | $46.9B |
| PYPLPAYPAL | $42.51 | +1.01% | +0.0% | 7.9x | 1.33 | $40.1B |
| FISVFISERV | $47.86 | -1.88% | +0.0% | 5.8x | — | $27.9B |
| CPAYCORPAY | $345.14 | -2.32% | +0.0% | 11.5x | 0.88 | $23.0B |
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Moving Averages
Price above both MAs — bullish structure.