FleetCor Technologies

Corpay said at the Deutsche Bank 2026 Technology Conference that it will restructure the business in favor of the fast-growing corporate payments segment and divest low-growth units. The company reported broad-based organic growth again (five quarters of double-digit growth), expects free cash flow of $1.8bn for 2024 and sees adjusted EPS growth of 27–28% for 2024. Corpay plans 3–4 further divestitures over the next 18 months, intends to use proceeds primarily for share buybacks and remains open to M&A in corporate payments; long-term targets are 10% organic growth and more than 20% adjusted EPS growth. » Mais em de.investing.com

Corpay's stock climbed to an all-time high of about $410 and is up nearly 35% year-to-date. The company reported Q2 revenue of $1.34 billion (+21% y/y) and an adjusted record EPS of $7.00, prompting analysts to raise estimates. Raymond James, Cantor Fitzgerald and Wolfe Research significantly increased price targets and 12 analysts revised earnings forecasts upward, while InvestingPro rates the stock as undervalued at current levels. » Mais em de.investing.com

Corpay reported Q2 2026 revenue of $1.34 billion (expectation $1.30 billion) and cash EPS of $7.00, both record highs. Organic revenue growth was 10%, driven by 16% in Corporate Payments and 8% in Vehicle Payments. The company raised its full-year guidance to $5.31 billion in revenue and $27.35 cash EPS, and announced share buybacks and portfolio simplifications. The stock barely moved as management and investors attributed part of the upside to favorable macroeconomic conditions and noted risks such as an FTC payment and credit losses in the vehicle portfolio. » Mais em de.investing.com

Corpay has signed a definitive agreement to sell epyx, along with r2c Online and Business Gateway, to OEConnection, a portfolio company of Francisco Partners. The move is part of portfolio simplification and a refocus on the corporate payments business. Closing is expected this fall and is subject to regulatory approvals; proceeds are to be used for share repurchases and are not expected to affect the 2026 cash-EPS outlook. Financial and legal advisers to the transaction were named, and further financial details will be provided with the quarterly results. » Mais em de.investing.com

Corpay shares climbed to a 52-week high of $395.51. The company topped expectations in Q1 2026 with EPS of $5.80 and revenues of $1.26 billion, and raised its revolving credit facility and Term Loan A at lower interest rates. Several analysts raised estimates; Morgan Stanley and Cantor Fitzgerald confirmed overweight ratings with $415 price targets. Corpay also announced a partnership with BVNK to settle stablecoins. » Mais em de.investing.com