Corpay, Inc. (CPAY)
NYSE: CPAY · IEX Real-Time Price · USD
291.23
-2.74 (-0.93%)
At close: Jul 19, 2024, 4:00 PM
291.18
-0.05 (-0.02%)
After-hours: Jul 20, 2024, 12:58 PM EDT
Corpay Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Corpay stock have an average target of 333.88, with a low estimate of 285 and a high estimate of 376. The average target predicts an increase of 14.64% from the current stock price of 291.23.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Corpay stock from 8 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 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 |
| Buy | 2 | 3 | 3 | 3 |
| Hold | 0 | 1 | 2 | 2 |
| Sell | 0 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 |
| Total | 4 | 7 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Maintains $295 → $350 | Strong Buy | Maintains | $295 → $350 | +20.18% | Jul 18, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $310 | Hold | Reiterates | $310 | +6.45% | Jun 21, 2024 |
| Wells Fargo | Wells Fargo | Hold Initiates $285 | Hold | Initiates | $285 | -2.14% | Jun 5, 2024 |
| Wolfe Research | Wolfe Research | Hold → Sell Downgrades $295 | Hold → Sell | Downgrades | $295 | +1.29% | May 17, 2024 |
| Barclays | Barclays | Buy Maintains $355 → $350 | Buy | Maintains | $355 → $350 | +20.18% | May 13, 2024 |
Financial Forecast
Revenue This Year
4.09B
from 3.76B
Increased by 8.87%
Revenue Next Year
4.49B
from 4.09B
Increased by 9.66%
EPS This Year
19.38
from 13.20
Increased by 46.82%
EPS Next Year
22.63
from 19.38
Increased by 16.77%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.3B | 4.7B | 5.2B | 5.5B |
| Avg | 4.1B | 4.5B | 4.9B | 5.3B |
| Low | 3.9B | 4.2B | 4.6B | 5.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 14.2% | 15.3% | 16.1% | 11.1% |
| Avg | 8.9% | 9.7% | 10.1% | 8.0% |
| Low | 3.8% | 3.3% | 2.2% | 3.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 20.14 | 24.86 | 29.51 | 31.24 |
| Avg | 19.38 | 22.63 | 26.41 | 30.35 |
| Low | 18.38 | 21.24 | 24.67 | 29.16 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 52.6% | 28.3% | 30.4% | 18.3% |
| Avg | 46.8% | 16.8% | 16.7% | 14.9% |
| Low | 39.3% | 9.6% | 9.0% | 10.4% |
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.