Corpay Inc (CPAY) Stock Forecast & Price Target

Corpay Inc. has demonstrated strong organic growth potential, highlighted by a remarkable 24% increase in new sales during the third quarter of 2025 and an impressive average customer retention rate of 92%. Expected earnings per share (EPS) for 2026 and 2027 have been revised upward, reflecting both anticipated increases in fuel prices and robust corporate payments revenue growth, forecasting a 10% adjusted EPS rise in the near term. The company's strategic focus on debt reduction and share buybacks, combined with favorable medium-term growth prospects in corporate payments and continued expansion in vehicle payments, underlines a positive outlook for the stock.

The financial outlook on Corpay Inc. is negatively influenced by the potential for a decline in retail fuel prices, which could lead to decreased revenues and impact the company's profitability, particularly affecting EBITDA margins. Additionally, a weakening global economy is anticipated to result in lower corporate spending and further diminish demand for Corpay's services, despite only a portion of revenue being directly tied to fuel prices. The current valuation metrics suggest that the stock may already reflect near-term macroeconomic challenges, indicating greater downside risk given the reliance on broader economic conditions.