Corpay (FLT) Stock Forecast, Price Target & Predictions
FLT Stock Forecast
Corpay stock forecast is as follows: an average price target of $296.71 (represents a -0.68% downside from FLT’s last price of $298.73) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
FLT Price Target
The average price target for Corpay (FLT) is $296.71 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $335.00 to $254.00. This represents a potential -0.68% downside from FLT's last price of $298.73.
FLT Analyst Ratings
According to 5 Wall Street analysts, Corpay's rating consensus is 'Buy'. The analyst rating breakdown for FLT stock is 0 'Strong Buy' (0.00%), 3 'Buy' (60.00%), 2 'Hold' (40.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Corpay Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Mar 21, 2023 | John Davis | Raymond James | $254.00 | $210.46 | 20.69% | -14.97% |
| Nov 06, 2022 | Ramsey El-Assal | Barclays | $266.00 | $177.17 | 50.14% | -10.96% |
| Feb 09, 2022 | David Togut | Evercore ISI | $326.00 | $252.00 | 29.37% | 9.13% |
| Jan 20, 2022 | Georgios Mihalos | Cowen & Co. | $278.00 | $233.59 | 19.01% | -6.94% |
| Oct 19, 2021 | Darrin Peller | Wolfe Research | $295.00 | $275.41 | 7.11% | -1.25% |
| May 07, 2021 | Peter Christiansen | Citigroup | $335.00 | $285.66 | 17.27% | 12.14% |
| Apr 19, 2021 | Mihir Bhatia | Bank of America Securities | $323.00 | $290.90 | 11.03% | 8.12% |
The latest Corpay stock forecast, released on Mar 21, 2023 by John Davis from Raymond James, set a price target of $254.00, which represents a 20.69% increase from the stock price at the time of the forecast ($210.46), and a -14.97% decrease from FLT last price ($298.73).
Corpay Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $298.73 | $298.73 | $298.73 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Corpay stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Corpay's last price of $298.73. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 11, 2023 | UBS | - | Neutral | Downgrade |
| Aug 10, 2023 | Raymond James | Outperform | Outperform | Hold |
| Mar 21, 2023 | Raymond James | - | Outperform | Upgrade |
| Jan 31, 2023 | Bank of America Securities | - | Buy | Upgrade |
| Aug 04, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Jun 17, 2022 | Citigroup | Buy | Buy | Hold |
Corpay's last stock rating was published by UBS on Oct 11, 2023. The company Downgrade its FLT rating from "null" to "Neutral".
Corpay Financial Forecast
Corpay Revenue Forecast
| Dec 26 | Oct 26 | Jul 26 | Mar 26 | Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $937.32M | - | - | $901.33M | $883.61M | - | - | $789.24M | $802.25M | $755.48M | $667.38M | $608.62M | $617.33M | $585.28M | $525.15M | $661.09M | $698.88M | $681.05M |
| Avg Forecast | $1.27B | $1.28B | $1.23B | $1.14B | $1.15B | $1.17B | $1.11B | $1.03B | $1.05B | $1.07B | $1.02B | $938.97M | $967.01M | $980.19M | $944.99M | $881.07M | $875.28M | $880.28M | $819.85M | $757.67M | $766.85M | $739.99M | $636.92M | $609.96M | $603.26M | $581.08M | $528.34M | $647.08M | $705.41M | $679.83M |
| High Forecast | $1.27B | $1.28B | $1.23B | $1.14B | $1.15B | $1.17B | $1.11B | $1.03B | $1.05B | $1.07B | $1.02B | $942.46M | $973.21M | $994.26M | $944.99M | $881.07M | $875.28M | $880.28M | $819.85M | $773.42M | $782.79M | $755.37M | $650.16M | $622.64M | $615.80M | $593.16M | $539.33M | $660.53M | $720.07M | $693.97M |
| Low Forecast | $1.27B | $1.28B | $1.23B | $1.14B | $1.15B | $1.17B | $1.11B | $1.03B | $1.05B | $1.07B | $1.02B | $936.14M | $962.22M | $973.57M | $944.99M | $881.07M | $875.28M | $880.28M | $819.85M | $745.92M | $754.96M | $728.51M | $627.04M | $600.50M | $593.91M | $572.07M | $520.15M | $637.05M | $694.47M | $669.29M |
| # Analysts | 5 | 8 | 5 | 5 | 9 | 6 | 4 | 4 | 9 | 6 | 5 | 11 | 8 | 12 | 10 | 10 | 5 | 5 | 5 | 4 | 5 | 5 | 5 | 9 | 10 | 16 | 9 | 10 | 8 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | - | - | 1.02% | 1.01% | - | - | 1.04% | 1.05% | 1.02% | 1.05% | 1.00% | 1.02% | 1.01% | 0.99% | 1.02% | 0.99% | 1.00% |
Corpay's average Quarter revenue forecast for Mar 24 based on 11 analysts is $938.97M, with a low forecast of $936.14M, and a high forecast of $942.46M. FLT's average Quarter revenue forecast represents a 0.18% increase compared to the company's last Quarter revenue of $937.32M (Dec 23).
Corpay EBITDA Forecast
| Dec 26 | Oct 26 | Jul 26 | Mar 26 | Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 8 | 5 | 5 | 9 | 6 | 4 | 4 | 9 | 6 | 5 | 11 | 8 | 12 | 10 | 10 | 5 | 5 | 5 | 4 | 5 | 5 | 5 | 9 | 10 | 16 | 9 | 10 | 8 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $508.00M | - | - | $458.68M | $462.25M | - | - | $393.65M | $405.17M | $411.39M | $366.42M | $329.96M | $358.20M | $330.27M | $306.20M | $272.45M | $402.03M | $396.61M |
| Avg Forecast | $679.90M | $687.91M | $656.65M | $611.50M | $617.42M | $626.94M | $596.27M | $551.99M | $563.25M | $574.25M | $546.10M | $459.95M | $518.03M | $525.09M | $506.23M | $418.14M | $468.89M | $445.72M | $439.19M | $380.13M | $388.13M | $405.20M | $338.54M | $319.08M | $334.07M | $311.58M | $290.68M | $256.09M | $398.19M | $390.11M |
| High Forecast | $679.90M | $687.91M | $656.65M | $611.50M | $617.42M | $626.94M | $596.27M | $551.99M | $563.25M | $574.25M | $546.10M | $551.94M | $521.35M | $532.62M | $506.23M | $501.77M | $468.89M | $534.86M | $439.19M | $456.15M | $465.76M | $486.24M | $406.25M | $382.90M | $400.88M | $373.89M | $348.82M | $307.31M | $477.83M | $468.13M |
| Low Forecast | $679.90M | $687.91M | $656.65M | $611.50M | $617.42M | $626.94M | $596.27M | $551.99M | $563.25M | $574.25M | $546.10M | $367.96M | $515.46M | $521.54M | $506.23M | $334.51M | $468.89M | $356.57M | $439.19M | $304.10M | $310.50M | $324.16M | $270.83M | $255.27M | $267.25M | $249.26M | $232.54M | $204.87M | $318.55M | $312.08M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | - | - | 1.10% | 0.99% | - | - | 1.04% | 1.04% | 1.02% | 1.08% | 1.03% | 1.07% | 1.06% | 1.05% | 1.06% | 1.01% | 1.02% |
11 analysts predict FLT's average Quarter EBITDA for Mar 24 to be $459.95M, with a high of $551.94M and a low of $367.96M. This is -9.46% lower than Corpay's previous annual EBITDA (Dec 23) of $508.00M.
Corpay Net Income Forecast
| Dec 26 | Oct 26 | Jul 26 | Mar 26 | Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 8 | 5 | 5 | 9 | 6 | 4 | 4 | 9 | 6 | 5 | 11 | 8 | 12 | 10 | 10 | 5 | 5 | 5 | 4 | 5 | 5 | 5 | 9 | 10 | 16 | 9 | 10 | 8 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $255.86M | - | - | $214.84M | $225.32M | - | - | $217.95M | $225.00M | $234.01M | $196.25M | $184.24M | $209.85M | $188.82M | $158.49M | $147.06M | $235.51M | $225.81M |
| Avg Forecast | $505.43M | $514.42M | $481.77M | $421.19M | $436.98M | $444.93M | $411.39M | $363.26M | $387.27M | $388.38M | $350.49M | $254.76M | $329.42M | $329.96M | $307.02M | $231.60M | $289.16M | $253.53M | $285.66M | $210.54M | $215.54M | $230.48M | $181.32M | $178.17M | $195.71M | $178.13M | $150.45M | $138.23M | $233.26M | $222.10M |
| High Forecast | $505.43M | $514.42M | $481.77M | $421.19M | $436.98M | $444.93M | $411.39M | $363.26M | $387.27M | $388.38M | $350.49M | $305.71M | $332.37M | $334.35M | $307.02M | $277.92M | $289.16M | $304.24M | $285.66M | $252.65M | $258.65M | $276.58M | $217.58M | $213.80M | $234.85M | $213.76M | $180.54M | $165.87M | $279.91M | $266.52M |
| Low Forecast | $505.43M | $514.42M | $481.77M | $421.19M | $436.98M | $444.93M | $411.39M | $363.26M | $387.27M | $388.38M | $350.49M | $203.81M | $322.79M | $324.84M | $307.02M | $185.28M | $289.16M | $202.82M | $285.66M | $168.43M | $172.44M | $184.39M | $145.05M | $142.53M | $156.57M | $142.50M | $120.36M | $110.58M | $186.61M | $177.68M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.78% | - | - | 0.93% | 0.78% | - | - | 1.04% | 1.04% | 1.02% | 1.08% | 1.03% | 1.07% | 1.06% | 1.05% | 1.06% | 1.01% | 1.02% |
Corpay's average Quarter net income forecast for Mar 24 is $254.76M, with a range of $203.81M to $305.71M. FLT's average Quarter net income forecast represents a -0.43% decrease compared to the company's last Quarter net income of $255.86M (Dec 23).
Corpay SG&A Forecast
| Dec 26 | Oct 26 | Jul 26 | Mar 26 | Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 8 | 5 | 5 | 9 | 6 | 4 | 4 | 9 | 6 | 5 | 11 | 8 | 12 | 10 | 10 | 5 | 5 | 5 | 4 | 5 | 5 | 5 | 9 | 10 | 16 | 9 | 10 | 8 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $227.74M | - | - | $236.28M | $222.74M | - | - | $220.41M | $216.28M | $192.99M | $178.23M | $160.44M | $138.70M | $137.63M | $129.11M | $161.97M | $161.49M | $149.84M |
| Avg Forecast | $321.96M | $325.75M | $310.95M | $289.57M | $292.37M | $296.88M | $282.36M | $261.39M | $266.72M | $271.93M | $258.60M | $257.63M | $245.31M | $248.65M | $239.72M | $234.21M | $222.04M | $209.09M | $207.98M | $212.92M | $207.19M | $190.08M | $164.67M | $155.15M | $129.35M | $129.84M | $122.57M | $152.24M | $159.95M | $147.38M |
| High Forecast | $321.96M | $325.75M | $310.95M | $289.57M | $292.37M | $296.88M | $282.36M | $261.39M | $266.72M | $271.93M | $258.60M | $309.16M | $246.88M | $252.22M | $239.72M | $281.05M | $222.04M | $250.91M | $207.98M | $255.50M | $248.63M | $228.10M | $197.61M | $186.19M | $155.22M | $155.81M | $147.08M | $182.69M | $191.94M | $176.86M |
| Low Forecast | $321.96M | $325.75M | $310.95M | $289.57M | $292.37M | $296.88M | $282.36M | $261.39M | $266.72M | $271.93M | $258.60M | $206.10M | $244.09M | $246.97M | $239.72M | $187.37M | $222.04M | $167.27M | $207.98M | $170.33M | $165.75M | $152.07M | $131.74M | $124.12M | $103.48M | $103.87M | $98.05M | $121.79M | $127.96M | $117.91M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | - | - | 1.01% | 1.00% | - | - | 1.04% | 1.04% | 1.02% | 1.08% | 1.03% | 1.07% | 1.06% | 1.05% | 1.06% | 1.01% | 1.02% |
Corpay's average Quarter SG&A projection for Mar 24 is $257.63M, based on 11 Wall Street analysts, with a range of $206.10M to $309.16M. The forecast indicates a 13.12% rise compared to FLT last annual SG&A of $227.74M (Dec 23).
Corpay EPS Forecast
| Dec 26 | Oct 26 | Jul 26 | Mar 26 | Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 8 | 5 | 5 | 9 | 6 | 4 | 4 | 9 | 6 | 5 | 11 | 8 | 12 | 10 | 10 | 5 | 5 | 5 | 4 | 5 | 5 | 5 | 9 | 10 | 16 | 9 | 10 | 8 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $3.48 | - | - | $2.92 | $3.07 | - | - | $2.80 | $2.80 | $2.86 | $2.36 | $2.21 | $2.51 | $2.26 | $1.89 | $1.73 | $2.72 | $2.61 |
| Avg Forecast | $6.87 | $6.99 | $6.55 | $5.73 | $5.94 | $6.05 | $5.59 | $4.94 | $5.27 | $5.28 | $4.77 | $4.12 | $4.48 | $4.49 | $4.17 | $3.70 | $3.93 | $4.19 | $3.88 | $3.53 | $3.60 | $3.48 | $2.94 | $2.72 | $2.81 | $2.65 | $2.17 | $2.83 | $3.14 | $3.05 |
| High Forecast | $6.87 | $6.99 | $6.55 | $5.73 | $5.94 | $6.05 | $5.59 | $4.94 | $5.27 | $5.28 | $4.77 | $4.16 | $4.52 | $4.55 | $4.17 | $3.70 | $3.93 | $4.19 | $3.88 | $3.63 | $3.69 | $3.58 | $3.02 | $2.80 | $2.89 | $2.72 | $2.23 | $2.91 | $3.22 | $3.13 |
| Low Forecast | $6.87 | $6.99 | $6.55 | $5.73 | $5.94 | $6.05 | $5.59 | $4.94 | $5.27 | $5.28 | $4.77 | $4.07 | $4.39 | $4.42 | $4.17 | $3.70 | $3.93 | $4.19 | $3.88 | $3.46 | $3.52 | $3.41 | $2.88 | $2.67 | $2.76 | $2.60 | $2.13 | $2.77 | $3.07 | $2.99 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.78% | - | - | 0.79% | 0.78% | - | - | 0.79% | 0.78% | 0.82% | 0.80% | 0.81% | 0.89% | 0.85% | 0.87% | 0.61% | 0.87% | 0.86% |
According to 11 Wall Street analysts, Corpay's projected average Quarter EPS for Mar 24 is $4.12, with a low estimate of $4.07 and a high estimate of $4.16. This represents a 18.43% increase compared to FLT previous annual EPS of $3.48 (Dec 23).
FLT Forecast FAQ
Is Corpay a good buy?
Yes, according to 5 Wall Street analysts, Corpay (FLT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 60.00% of FLT's total ratings.
What is FLT's price target?
Corpay (FLT) average price target is $296.71 with a range of $254 to $335, implying a -0.68% from its last price of $298.73. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Corpay stock go up soon?
According to Wall Street analysts' prediction for FLT stock, the company can go down by -0.68% (from the last price of $298.73 to the average price target of $296.71), up by 12.14% based on the highest stock price target, and down by -14.97% based on the lowest stock price target.
Can Corpay stock reach $400?
FLT's average twelve months analyst stock price target of $296.71 does not support the claim that Corpay can reach $400 in the near future.
What are Corpay's analysts' financial forecasts?
Corpay's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $4.47B (high $4.47B, low $4.47B), average EBITDA is $2.39B (high $2.39B, low $2.39B), average net income is $1.66B (high $1.66B, low $1.66B), average SG&A $1.13B (high $1.13B, low $1.13B), and average EPS is $22.52 (high $22.52, low $22.52). FLT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $4.92B (high $4.92B, low $4.92B), average EBITDA is $2.64B (high $2.64B, low $2.64B), average net income is $1.92B (high $1.92B, low $1.92B), average SG&A $1.25B (high $1.25B, low $1.25B), and average EPS is $26.14 (high $26.14, low $26.14).
Did the FLT's actual financial results beat the analysts' financial forecasts?
Based on Corpay's last annual report (Dec 2023), the company's revenue was $3.76B, which missed the average analysts forecast of $3.77B by -0.41%. Apple's EBITDA was $1.99B, beating the average prediction of $1.97B by 1.32%. The company's net income was $981.89M, missing the average estimation of $1.2B by -18.04%. Apple's SG&A was $943.58M, missing the average forecast of $967.89M by -2.51%. Lastly, the company's EPS was $13.2, missing the average prediction of $16.84 by -21.61%. In terms of the last quarterly report (Dec 2023), Corpay's revenue was $937.32M, missing the average analysts' forecast of $967.01M by -3.07%. The company's EBITDA was $508M, missing the average prediction of $518.03M by -1.94%. Corpay's net income was $255.86M, missing the average estimation of $329.42M by -22.33%. The company's SG&A was $227.74M, missing the average forecast of $245.31M by -7.16%. Lastly, the company's EPS was $3.48, missing the average prediction of $4.48 by -22.31%