Corpay, IncNYSE: CPAY
Financials · Transaction & Payment Processing Services
$354.76
-1.56%
Vol: 359K
Research Digest
Wednesday, June 17, 2026
No significant overnight updates
No material news in the last 48 hours.
Previous Market Intelligence
13 daysJun 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.
May 11Corpay beat Q1 revenue, raised 2026 guidance, and signed JP Morgan and BVNK as blockchain infrastructure partners on May 5.Positive▶
Corpay reported Q1 2026 revenue of $1.26B (+25% YoY) and cash EPS of $5.80 (+29%), topping estimates. Management raised full-year 2026 guidance to EPS of $26.30–$27.10 (vs. $25.78 consensus) and revenue to $5.3B (vs. $5.2B). Q2 EPS guided to $6.45–$6.65. On May 5, the company signed JP Morgan and BVNK as Blockchain Infrastructure Partners — a notable step in its cross-border payments build-out. A virtual cross-border business teach-in is scheduled May 13. Eleven analysts rate Buy and three Hold; portfolio rotation (divesting noncore assets, investing in higher-growth corporate payments) was central to management's commentary.
May 8CorPay blew past Q1 expectations with 11% organic growth and $5.80 EPS; raised full-year guidance to $26.70 EPS midpoint on strong corporate payments.Positive▶
CorPay reported Q1 CY2026 results on May 7 with cash EPS of $5.80 (beat $5.50 estimate by $0.30) and revenue of $1.26B (up 25.4% YoY). Organic revenue growth hit 11%, beating company own expectations by 200 bps, with corporate payments growing 16% organically and representing 40% of total revenue. Management raised FY 2026 guidance to $26.70 cash EPS midpoint (up 25% YoY) and revenue to $5.29B midpoint (17% growth). On May 5, CorPay signed JPMorgan and BVNK as blockchain infrastructure partners for B2B settlement. Stock surged 11.2% on earnings. Analyst consensus is Buy with price target of $382.64 (up 26%).
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| PYPLPAYPAL | $42.10 | -3.55% | -4.0% | 7.3x | 1.34 | $37.1B |
| FISVFISERV | $48.62 | -2.44% | -13.0% | 5.5x | — | $26.0B |
| CPAYCORPAY | $354.76 | -1.56% | +3.0% | 11.5x | 0.87 | $23.1B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price above both MAs — bullish structure.