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CPAY

Corpay Inc

NYSE: CPAY · TECHNOLOGY · SOFTWARE - INFRASTRUCTURE

$306.98
-1.47% today

Updated 2026-04-29

Market cap
$20.60B
P/E ratio
20.74
P/S ratio
4.55x
EPS (TTM)
$15.02
Dividend yield
—
52W range
$253 – $362
Volume
0.6M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Corpay Inc (CPAY) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$306.98
Consensus
$379.00
+23.46%
2030 Target
$1,342.04
+337.18%
DCF
$450.69
+23.09% MoS
12 analysts:
7 Buy4 Hold0 Sell

Management guidance

No specific multi-year revenue targets disclosed by management in available materials. However, Q4 2025 earnings showed $4.53B TTM revenue with 13.93% YoY growth. Company recently cut 2026 revenue outlook by ~$75M due to PayByPhone asset sale, implying internal 2026 guidance was approximately $5.30-5.38B before adjustment.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$2,206.90
$7.6B Rev × 20x P/S
Base case (2030)
$1,342.04
$7.6B Rev × 12x P/S
Bear case (2030)
$894.69
$7.6B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$3.8B$4.0B$4.5B$5.3B$5.8B$6.4B$7.0B$7.6B
Revenue growth—5.8%13.9%15.9%10.5%9.5%9.7%9.4%
EPS$16.92$17.09$20.27$26.35$30.27$33.85$37.50$41.45
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$924.51$1,013.98$1,103.45$1,222.74$1,342.04

Catalysts & risks

Growth catalysts
+ Cross-border payments expansion (Formula E partnership, LIV Golf, Prima Pramac Racing, Rugby Australia contracts indicate international revenue acceleration)
+ Corporate payments and lodging platforms showing strong growth (Q4 2025 showed 20.67% QoQ sales growth)
+ Integration of recent acquisitions driving scale in payments infrastructure
+ Recovery in business travel and corporate spending post-pandemic normalization
Key risks
- PayByPhone divestiture reduces 2026 revenue by ~$75M, indicating asset optimization rather than organic growth acceleration
- Economic sensitivity: corporate payments and travel management are cyclical and vulnerable to recession
- FX headwinds: significant international revenue exposure (cross-border segment) creates currency translation risk
- Competitive pressure from larger fintech players (Square, Stripe, PayPal) in payments infrastructure

Methodology

Corpay Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 12 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.