Key Highlights

● CPAY closed at $398.46 on 9 October 2026, and the second data set's $461 mean target implies upside of about 15.7%.

● Market data shows a lower $438.93 consensus from 15 ratings, implying about 10.2% upside, with targets from $300 to $536.

● Market data counts 12 Buy and three Hold ratings with no Sell, a Moderate Buy consensus.

● Scotiabank initiated at Outperform with a $536 target on 2 September, the highest on the street.

Corpay, Inc. (NYSE:CPAY) is a member of the S&P 500. The corporate payments company closed at $398.46 on Friday 9 October 2026, below every named analyst target of the last three months.

What Is the Latest Analyst Price Target?

The data sets differ. The consensus target is $438.93, about 10.2% above the close, from 15 ratings, with a high of $536 and a low of $300. The second data set, using third-party data, shows a mean of $461, a median of $455, a high of $536 and a low of $390 from 16 analysts.

The average appears to include an older, much lower target. The ten named targets from the last three months average about $471, which is closer to the the second data set figure. Against the $398.46 close, the $461 figure suggests potential upside of about 15.7%. The second data set noted that its targets were last updated on 2 September.

What Are Wall Street Analysts Saying?

Market data counts 12 Buy ratings, three Hold and no Sell, a Moderate Buy consensus. The second data set shows eight Strong Buy, five Buy and three Hold, labelled Buy.

On 2 September, Scotiabank initiated coverage with an Outperform rating and a $536 target, the highest on the street. Royal Bank of Canada raised its target to $438 from $423 (Sector Perform) on 31 August, and Wolfe Research raised to $530 from $475 (Outperform) on 25 August. Cantor Fitzgerald raised to $480 from $415 (Overweight) on 10 August.

Around 6 to 7 August, Morgan Stanley set a $455 target, Baird $475, Raymond James reiterated Outperform at $442, UBS raised to $415 from $385 (Neutral), and JPMorgan and Keefe, Bruyette & Woods each raised to $470 from $400.

What Could Help the Stock Reach the Price Target?

Every named target in the last three months is above the current price, in a range of $415 to $536, and most were raised. If Corpay delivers on growth in its payments volumes and cross-border business, analysts may keep their forecasts or lift them further.

Strong results and further positive coverage, as with the Scotiabank initiation, could help narrow the gap to the consensus.

What Could Prevent the Stock Reaching the Target?

The newest named target data are more than a month old, so the consensus may not reflect the latest market conditions. The share price is well below most targets, and the low target of $300 on market data shows that at least one analyst has taken a much more cautious view.

Payments businesses can be affected by fuel prices, currency movements, credit losses and economic slowdowns, any of which could lead to lower forecasts.

What Should Investors Watch Next?

Items to watch include for new broker updates, which are sparse since early September.

Corpay's Older Target Data Sits Above a Price That Has Not Followed

Corpay closed at $398.46 on 9 October 2026, and every named target in the last three months is above it, in a range of $415 to $536, most of them raised. The newest named target data are more than a month old, though, so the consensus may not reflect the latest conditions, and market data's low target of $300 shows that at least one analyst has taken a much more cautious view. Fuel prices, currency movements, credit losses and economic slowdowns are the factors that could lead to lower forecasts.