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Corpay, Inc.

CPAY · NYSE

Market closed$365.79$-6.02 (-1.62%)After hours $367.85 · +0.56%

Key statistics

Previous close$371.81
Open$368.59
Day high$374.09
Day low$364.27
52-week high$374.09
52-week low$252.84
Market cap23.91B
Volume266.50K
Average volume611.57K
P/E ratio16.14
Forward P/E10.14
EPS22.67
Dividend yield0.00%

Market context

Why it moved

CPAY shares declined amid broad market weakness driven by sustained selling pressure in the semiconductor sector, which has weighed on overall market sentiment and triggered risk-off behavior across payment and financial technology stocks.

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What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026Corpay shares declined modestly, pulling back from recent 52-week highs near $371, as broader software sector headwinds weighed on sentiment. The retreat follows IBM's historic 25% plunge earlier this week after the company warned that enterprise customers are reprioritizing capex toward AI hardware over software — a narrative that has pressured software-infrastructure names broadly. Despite the sector turbulence, Wall Street remains constructive on Corpay, with a Moderate Buy consensus and an average price target of $383.07. In after-hours trading, shares are recovering slightly, up about 0.6%, while notable insider selling over the past 90 days — totaling 88,677 shares worth ~$31M — continues to draw investor attention.

-1.6191

July 17, 2026Corpay shares rose about 2.4% to close near their 52-week high, outperforming a broader software sector that remained under pressure from IBM's recent earnings warning — which flagged enterprise clients shifting capex toward AI hardware over software. Corpay's resilience reflects its differentiated positioning as a payments infrastructure provider rather than a traditional software vendor, while Wall Street maintains a Moderate Buy consensus with an average price target of $383.07, led by bullish calls from Wolfe Research ($450) and Morgan Stanley ($400). In after-hours trading, shares edged further to ~$375.75, extending the day's gains.

2.3819

July 16, 2026Corpay closed higher, outperforming the broader software sector, which was hammered by IBM's historic 25% plunge after the tech giant warned of a Q2 revenue shortfall tied to clients shifting spending away from software toward AI hardware. Despite that sector-wide rout hitting names like ServiceNow, Workday, and Salesforce, Corpay's payments-focused business model offered relative insulation, and investor sentiment remains constructive: analysts hold a consensus 'Moderate Buy' with an average price target of $383.07, well above current levels. Recent catalysts include a new exclusive FX partnership with live entertainment platform Fever for its Cross-Border unit, continued institutional accumulation, and bullish price targets from Wolfe Research ($450) and Morgan Stanley ($400).

1.9654

July 14, 2026Corpay shares declined as a sweeping software sector selloff, triggered by IBM's shocking Q2 revenue miss, weighed on enterprise software names broadly. IBM's warning that clients were reprioritizing capex toward AI hardware — squeezing software budgets — sent the iShares Software ETF down over 4% and rattled peers including Salesforce and Microsoft. Despite the sector headwinds, Corpay's fundamentals remain constructive: Wall Street holds a consensus 'Moderate Buy' with an average price target of $383.07 (analysts at Wolfe Research targeting $450), and institutional investors continued adding to positions heading into Q2 earnings season.

-1.6296

July 14, 2026Corpay shares closed notably higher, approaching their 52-week high of $367.43 and extending gains in after-hours trade, as investor attention returned to the company following its exclusive cross-border FX partnership with live entertainment platform Fever and continued analyst optimism. Wall Street maintains a consensus "Moderate Buy" on the stock with an average price target of $383.07, with Wolfe Research as high as $450, suggesting meaningful upside even near current levels. The broader macro backdrop—geopolitical tensions with Iran weighing on tech via oil price surges and a chip selloff—appeared to spare Corpay, whose global payments franchise and cross-border platform expansion narrative continued to resonate with investors ahead of Q2 earnings season.

2.381

July 11, 2026Corpay edged up modestly on Thursday, supported by renewed investor attention following its Cross-Border business signing a payments deal with Fever, a live entertainment platform, which drew fresh buy-side scrutiny on valuation. The stock is trading near its 52-week high and has gained roughly 15% year-to-date, bolstered by a strong Q2 earnings beat in May — revenues rose 25.4% year-on-year to $1.26 billion, surpassing estimates by 3.9%. However, shares slipped in after-hours trading, and notable insider selling (~88,677 shares over the past 90 days) remains a watchpoint even as analysts maintain a Moderate Buy consensus with an average price target of $383.07.

0.7062

July 10, 2026Corpay closed modestly higher, buoyed by a Fever FX deal and its recent addition to Russell Value indexes, which have attracted fresh institutional interest. The stock is up roughly 16.8% since its strong Q2 earnings report, where revenue rose 25.4% year-on-year to $1.26 billion, beating estimates by 3.9%, and full-year EPS guidance topped consensus. Analysts maintain a Moderate Buy consensus with an average price target of $383.07, implying meaningful upside, even as geopolitical tensions from renewed US-Iran hostilities and broader market volatility weighed on the technology sector.

1.5353

July 9, 2026Corpay fell amid a broad market risk-off selloff triggered by President Trump declaring the U.S.-Iran ceasefire 'over,' sending oil prices surging and stoking inflation fears — weighing heavily on financial and payment stocks. The decline came despite strong underlying fundamentals: Corpay recently posted Q2 revenues of $1.26 billion, up 25.4% year-over-year with a 3.9% beat, and its Cross-Border unit secured an exclusive FX partnership with Fever. Analysts maintain a Moderate Buy consensus with a $383.07 average price target, well above current levels, and the stock is recovering in after-hours trade.

-3.1504

MarketBeat · July 18, 2026Corpay, Inc (NYSE:CPAY) Given Consensus Rating of "Moderate Buy" by BrokeragesBusiness Wire · June 30, 2026Corpay Cross-Border Named the Official Global FX Partner of FeverQuiver Quantitative · May 18, 2026Corpay rallies as upbeat outlook and investor-conference visibility keep momentum alive | CPAY Stock NewsInvesting.com · May 5, 2026Corpay adds blockchain settlement to cross-border paymentsQuiver Quantitative · March 17, 2026Corpay (CPAY) slips 4% as investors weigh FTC-related legal overhang and rate-driven headwindsBusiness Wire · February 26, 2026CORPAY, INC. INVESTOR ALERT: Scott+Scott Attorneys at Law LLP Investigates Corpay, Inc.’s Directors and Officers for Breach of Fiduciary Duties – CPAY
Mt Newswire · June 17, 2026Corpay Insider Sold Shares Worth $24,816,770, According to a Recent SEC Filing
Mt Newswire · May 29, 2026Corpay Insider Sold Shares Worth $6,126,585, According to a Recent SEC Filing
Benzinga · May 19, 2026Loop Capital Initiates Coverage On Corpay with Buy Rating, Announces Price Target of $406
Mt Newswire · May 19, 2026Loop Capital Initiates Corpay at Buy With $406 Price Target
Mt Newswire · May 15, 2026Autonomous Research Adjusts Price Target on Corpay to $392 From $366, Maintains Outperform Rating
Benzinga · May 11, 2026Corpay Partners With Stablecoin Infrastructure Platform BVNK To Provide Stablecoin Wallets And Settlement Capabilities
Mt Newswire · May 11, 2026Research Alert: CFRA Upholds Strong Buy Rating On Shares Of Corpay, Inc.
Mt Newswire · May 8, 2026JPMorgan Adjusts Corpay Price Target to $400 From $390

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