Corpay, Inc. (CPAY)

Corpay Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for Corpay stock have an average target of 376.73, with a low estimate of 310 and a high estimate of 430. The average target predicts a decrease of -0.86% from the current stock price of 379.99.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$310	$376.73	$376	$430
Change	-18.42%	-0.86%	-1.05%	+13.16%

Analyst Ratings

The average analyst rating for Corpay stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	2	2	2	2	3	3
Buy	3	3	4	4	4	5
Hold	2	2	2	3	4	4
Sell	1	1	1	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	8	9	9	11	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Peter Christiansen Citigroup	Citigroup	Strong Buy Maintains $405 → $430	Strong Buy	Maintains	$405 → $430	+13.16%	Nov 14, 2024
James Faucette Morgan Stanley	Morgan Stanley	Hold Maintains $325 → $350	Hold	Maintains	$325 → $350	-7.89%	Nov 11, 2024
Sanjay Sakhrani Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy Maintains $380 → $400	Buy	Maintains	$380 → $400	+5.27%	Nov 8, 2024
James Faucette Morgan Stanley	Morgan Stanley	Hold Maintains $275 → $325	Hold	Maintains	$275 → $325	-14.47%	Oct 29, 2024
Ramsey El-Assal Barclays	Barclays	Buy Maintains $385 → $415	Buy	Maintains	$385 → $415	+9.21%	Oct 28, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

4.07B

Increased by 8.31%

from 3.76B

Revenue Next Year

4.54B

Increased by 11.50%

from 4.07B

EPS This Year

19.35

Increased by 46.57%

from 13.20

EPS Next Year

22.54

Increased by 16.51%

from 19.35

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.65B	2.39B	2.83B	3.43B	3.76B	4.07B	4.54B	4.98B
Revenue Growth	8.85%	-9.82%	18.62%	20.94%	9.65%	8.31%	11.50%	9.83%
EPS	9.94	8.12	9.99	12.42	13.20	19.35	22.54	26.50
EPS Growth	12.83%	-18.31%	23.03%	24.32%	6.28%	46.57%	16.51%	17.57%
Forward PE	-	-	-	-	-	19.64	16.86	14.34
No. Analysts	-	-	-	-	-	20	20	16

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027
High	4.2B	4.9B	5.4B
Avg	4.1B	4.5B	5.0B
Low	3.9B	4.3B	4.6B

Revenue Growth

Revenue Growth	2024	2025	2026	2027
High	11.8%	19.4%	18.1%
Avg	8.3%	11.5%	9.8%
Low	3.7%	4.9%	1.3%

EPS Forecast

EPS	2024	2025	2026	2027
High	20.01	23.89	28.89
Avg	19.35	22.54	26.50
Low	18.42	20.83	24.50

EPS Growth

EPS Growth	2024	2025	2026	2027
High	51.6%	23.5%	28.1%
Avg	46.6%	16.5%	17.6%
Low	39.6%	7.6%	8.7%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.