InsiderStreet Equity Research

Produced by InsiderStreet.ai from live production data. It is not investment advice, not an offer or solicitation to buy or sell any security, and not a recommendation for any investor. Do not rely on it for any investment decision.

Last Close

$399.84

2026-10-16

Market Cap

$26.3B

Volume

0.5M

52-Wk High

$427.46

52-Wk Low

$252.84

Trailing PE

24.0

P/S

5.23

Gross Margin

73.3%

Net Margin

22.7%

ROE

30%

ROIC

9%

Piotroski

6/9

Altman Z

1.6

1-Yr Return

+44.0%

5-Yr Return

+35.2%

Corpay, Inc. operates as a global financial technology firm, delivering payment solutions that assist both businesses and individual consumers in efficiently managing a diverse range of expenditures. Its expertise primarily covers vehicle-related costs, corporate financial transactions, and lodging expenses, with operations spanning the United States, Brazil, the United Kingdom, and numerous other international markets. Among its specialized services are comprehensive vehicle payment offerings, which include provisions for fuel, road tolls, parking fees, fleet maintenance, and long-distance transportation. The company also supplies prepaid vouchers and cards for food and transit requirements. For its corporate clientele, Corpay furnishes sophisticated payment instruments such as automated accounts payable systems, virtual payment cards, solutions for international transactions, and dedicated purchasing alongside travel and entertainment card products. Its lodging payment services cater to a broad spectrum of needs, supporting employees on overnight business trips, airline and cruise personnel or stranded passengers, and insurance policyholders displaced from their residences due due to damage or catastrophe. Furthermore, Corpay issues gift cards and payroll cards. Its diverse customer base extends to businesses, merchants, individual consumers, and payment network partners. Established in 1986 and based in Atlanta, Georgia, the company was previously known as FLEETCOR Technologies, Inc., before officially adopting the name Corpay, Inc. in March 2024.

SectorTechnologyIndustrySoftware - InfrastructureExchangeNYSEMarket Cap$26.3BEmployees11,800 (SEC-filed)CEORonald F. ClarkeIPO2010-12-15CountryUS

3280 Peachtree Road, Atlanta, GA 30305 · Tel 770 417 4697 · corpay.com

INSIDERSTREET SCORE54 / 100Street mean $462.18 (11 analysts, last qtr) — their number, not ours

INSIDER CONSENSUS SIGNALROUTINE SELLING — LOW SIGNAL$146M sold / 6 mo, zero open-market buys

1 Year vs S&P 500 · CPAY +44.0% · S&P 500 +15.9% · spread +28.2pp

7 Years vs S&P 500 · CPAY +35.2% · S&P 500 +189.9% · spread -154.7pp

Both charts indexed to 100 at the start of their window and drawn on a single shared scale, so the gap to the benchmark is the gap you see. Adjusted closes throughout.

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INSIDERSTREET
SCORE54of 100

Score Breakdown

Profitability	80/100
Growth	64/100
Momentum	87/100
Quality	67/100
Earnings Quality	69/100
Balance Sheet	36/100
Value	42/100
Risk (safety)	30/100
Overall	53.9/100

Each component is a diagnostic reading on its own 0-100 scale. The overall score is computed separately from the underlying financials and is not the average of the rows above — components are not equally weighted and three of them (Momentum, Value, Risk) are derived partly from price rather than from the business.

Peer Comparison — IS Score

Symbol	IS Score
MDB	74
VRSN	56
FFIV	75
IOT	72
RBRK	42
OKTA	74
CPAY	54

IS Score Trend — quarterly

14 quarters, 23 Q1 to 26 Q2. Peak 70 in 23 Q1, latest 54 — -16 since. Dropped below the 55 line in 25 Q4, at 50. Fell in 3 of the last 4 quarters. Dashed line marks 40 on the 0-100 scale.

BUSINESS QUALITY54 / 100IS Score 53.9 / 100 · -15.8 from peak of 70

Fundamental factor model, quarterly. Measures how the business is doing - not where the price is going.

PRICE STRUCTUREBULLISHTechnical Score 68 / 100 · Power +36 · 17 of 22 indicator votes bullish

Vote share across trend, momentum, volume, volatility and pattern families. Describes where the price is, not where it is going.

Both readings sit above the midpoint — business quality at 54 and price structure at 68 out of 100 — so they are not in conflict. The fundamentals and the tape are saying the same thing, which is the case in which either one alone would have been enough.

Trigger	Where it stands now	What it would mean
IS Score reaches 55 and holds two consecutive quarters	now 53.9	would move us up one band
IS Score stops falling - one quarter higher than the prior	last four: 59 → 50 → 55 → 54	the direction matters more than the level
Technical vote share back above 50%	now 73%	price structure no longer broken
Institutional holder count rises two quarters running	peak 738 → now 738	fewer institutions willing to hold is our clearest warning

We publish these so the view can be shown to be wrong. If none of them move and our reading does, we owe you an explanation.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

This page is InsiderStreet's own reading, produced from the data in the rest of this document. It is not a price target and not investment advice. Analyst consensus and street price targets appear later under their own heading and are the street's numbers, not ours.

Site Convergence Score2 of 4top 13% of 29,420 symbols

Sources Aligned— of 3independent disclosures

Congress (180d)0 buysnone disclosed

Insider Buys (180d)0none disclosed

ETF Funds (30d)998 up / 875 downnet +123 funds

Institutions Added (13F)52managers opening or increasing

Congressional and insider figures are disclosed purchases in the trailing 180 days; ETF figures are COUNTS OF FUNDS whose holding changed in 30 days, not dollars. Coincidence of separate disclosures, not coordination. An absent source means nothing qualifying was disclosed in its window.

Institutions holding — 12 quarters

Peak 738 · latest 738 (+0 from peak).

Quarter	Holders	13F shares	Value	Reported own%	Guard
2026 Q2	738	64.5M	$20.6B	98.3%
2026 Q1	686	63.8M	$17.7B	97.3%
2025 Q4	672	64.1M	$18.2B	97.8%
2025 Q3	685	64.0M	$16.9B	97.6%
2025 Q2	689	66.2M	$19.6B	101.0%	ex-outlier 88.6%
2025 Q1	694	67.0M	$20.6B	102.2%	ex-outlier 90.2%
2024 Q4	699	64.9M	$19.2B	99.1%
2024 Q3	616	64.4M	$17.9B	98.3%
2024 Q2	589	65.2M	$15.8B	99.5%
2024 Q1	564	65.7M	$18.3B	100.3%
2023 Q4	4	0.0M	$0.0B	0.0%
2023 Q3	2	0.0M	$0.0B	0.0%

How to read ownership above 100%. A 13F reports the positions a manager has investment discretion over, and where two or more managers share discretion over the same block, each one reports it. Summed across filers, the total can therefore exceed the shares actually outstanding without anything being wrong. We publish the figure as filed rather than netting it down, and flag separately any quarter where the arithmetic is not merely high but impossible.

Why 2025-06 reads 100.98%. Institutions cannot hold more of a company than exists. The reported 66.2M shares exceed the 65.5M outstanding, and a single filer accounts for the excess: VANGUARD GROUP INC reports 8,124,437 shares against 7,872,786 the prior quarter, a 1x jump, which alone would be 12.4% of the company. Excluding that filing, ownership is 88.6%. We publish both figures. 13F filings are due 45 days after quarter end and amendments keep arriving after that, so the newest quarter is provisional by construction - this is what an unsettled quarter looks like.

Why 2025-03 reads 102.25%. Institutions cannot hold more of a company than exists. The reported 67.0M shares exceed the 65.5M outstanding, and a single filer accounts for the excess: VANGUARD GROUP INC reports 7,872,786 shares against 7,752,799 the prior quarter, a 1x jump, which alone would be 12.0% of the company. Excluding that filing, ownership is 90.2%. We publish both figures. 13F filings are due 45 days after quarter end and amendments keep arriving after that, so the newest quarter is provisional by construction - this is what an unsettled quarter looks like.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Insider	Role	Date	Type	Shares	Value	Post-Txn Owned
Clarke Ronald	director, CEO & Chairman of BOD	2026-08-25	SELL	6,854	$2.81M	2,466,962
Clarke Ronald	director, CEO & Chairman of BOD	2026-08-25	SELL	12,109	$4.97M	2,454,853
Clarke Ronald	director, CEO & Chairman of BOD	2026-08-25	SELL	15,575	$6.41M	2,439,278
Clarke Ronald	director, CEO & Chairman of BOD	2026-08-25	SELL	50,504	$20.84M	2,388,774
Clarke Ronald	director, CEO & Chairman of BOD	2026-08-25	SELL	24,670	$10.20M	2,364,104
Clarke Ronald	director, CEO & Chairman of BOD	2026-08-25	SELL	9,581	$3.97M	2,354,523
Clarke Ronald	director, CEO & Chairman of BOD	2026-08-25	SELL	193	$0.08M	2,354,330
Clarke Ronald	director, CEO & Chairman of BOD	2026-08-24	SELL	5,882	$2.44M	2,562,308

6-mo decomposition (Form 4)	Txns	Shares	Value	Signal weight
S — Open-market sales	42	367,410	$146.4M	Counted
M — Exercises (paired A/D)	12	764,684	$123.6M	None — mechanics
F — Tax withholding	10	429,478	$169.7M	None — compensation
P — Open-market purchases	0	0	$0	Counted — none occurred

Monthly Net Insider Flow (000 shares)

Net of acquisitions minus dispositions, all Form 4 types.

Signal Summary

SignalRoutine Selling — Low Signal

Open-Market Sells$146.4M42 txns / 6 mo

Open-Market Buys$0.0M0 txns / 6 mo

ClusterNone active3+ insiders / 21 days

Filed	Filer	Shares registered	Est. proceeds
2026-08-24	Ronald F. Clarke	213,860	$88.5M
2026-08-21	Alan King	3,805	$1.6M
2026-08-20	Alan King	18,423	$7.6M
2026-08-20	Steven T Stull	2,357	$1.0M
Trailing 12 mo	15 filings	304,683	$124M

Filed	Form	Reporting person	% of class	Shares
2026-10-15	SCHEDULE 13G/A	JPMORGAN CHASE & CO.	7.30%	4.8M sh
2026-08-14	SCHEDULE 13G/A	Orbis Investment Management (U.S.), L.P.	0.50%	0.4M sh
2026-08-06	SCHEDULE 13G	Abigail P. Johnson	5.50%	3.6M sh
2026-04-29	SCHEDULE 13G	Vanguard Capital Management	7.51%	5.1M sh

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Member	Chamber	Trade	Size band	Traded	Disclosed
April McClain Delaney	House	SELL	$1,001 - $15,000	2026-06-12	2026-07-08
April McClain Delaney	House	SELL	$1,001 - $15,000	2026-06-11	2026-07-08
Ro Khanna	House	SELL	$1,001 - $15,000	2025-09-29	2025-10-03

House 12-Mo4 trades0 purchases

Senate 12-Mo0 tradesNone purchases

CoverageSTOCK Act filings30-45 day disclosure lag

13F Filers (last complete Q)686

13F Shares64M97.3% of shares out

New / Closed94 / 67positions, QoQ

Increased / Reduced286 / 211positions, QoQ

Put/Call (13F)1.00option positions

Free Float96.1%63M sh

2.8 · Largest Reporting 13F Managers

Manager	Shares	Value
Wedge Capital Management L L P/Nc	186,560	$72M
Generate Investment Management Ltd	40,000	$16M
Fjarde Ap-Fonden /Fourth Swedish N	21,683	$8M
Assenagon Asset Management S.A.	19,580	$8M
Czech National Bank	18,866	$7M
Mn Services Vermogensbeheer B.V.	18,212	$7M

EDGAR 13F holdings as of 2026-09-30; filer values normalized to dollars.

2.9 · Top ETF & Fund Ownership

Fund	Weight	Position
VITSX	0.0%	$769M
VTSAX	0.0%	$769M
VTI	0.0%	$769M
VSMPX	0.0%	$769M
VFIAX	0.0%	$671M
VOO	0.0%	$671M

13F Filers Holding CPAY — quarterly

Institutional Put/Call — quarterly

Daily short-sale volume as % of volume reported in FINRA's short-sale file — a flow measure, not short interest; dashed = 50-day average.

Latest Session72.7%2026-10-15

20-Day Avg71.3%50-day 66.7%

TrendRising20d vs 50d

By Market CenterQ: 77% · N: 33% · B: 96%latest session

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Weekly Notional ($B)

Where CPAY Trades in the Dark

ATS Venue (4-wk)	Shares	Avg trade
Incr Intelligent Cross Llc	1.1M	20 sh
Ubsa Ubs Ats	0.6M	22 sh
Ebxl Level Ats	0.5M	15 sh
Mlix Instinct X	0.5M	31 sh
Mstx Ms Trajectory Cross (Ats-1)	0.4M	15 sh
Mspl Ms Pool (Ats-4)	0.4M	70 sh

Where a dollar of Corpay, Inc. revenue goes. All values FY2025 filings, live.

Region	Revenue	Share
UNITED STATES	$2.2B	62%
BRAZIL	$713M	20%
UNITED KINGDOM	$642M	18%

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CPAY (live moat model)Peer median: MDB · VRSN · FFIV · IOT · RBRK

Component scores from the live moat model. Peer median illustrative.

Moat score 54/100 — Weak; primary source Cost Advantage.

3.8 · Employees (SEC filings)

Officer	Title
Ronald F. Clarke	Chairman, President & Chief Executive Officer
Armando Lins Netto	Group President of Brazil Vehicle Payments & Strategic Transformation
Alan King	Group President of Vehicle Payments in UK, Europe, Australasia and Mexico
Peter Walker	Chief Financial Officer

Revenue ($B)

EPS ($) — GAAP diluted actual, street-basis estimate

Actual bars are GAAP diluted EPS from the filed income statement; the lighter forward bars are street-basis consensus. The two are different measures and are not comparable quarter to quarter.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Quarterly EPS — Actual vs. Consensus

Beats (>2%)2 of 6recent quarters

Avg Surprise+2.6%

Next Report2026-11-04

Income Quality1.61OCF ÷ net income

Beat Rate—%0 of 0 quarters

Current Streak0longest 0

Avg EPS Surprise—%median —%

Surprise Trend—last 4 vs prior 4

Period	EPS est.	EPS actual	EPS surprise	Rev est. ($M)	Rev actual ($M)	Rev surprise

Announcement dates to . Consensus as it stood at each report. Revenue surprise shown where both estimate and actual are filed. A beat record is history, not a forecast.

Profit Margins (%)

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Revenue by Segment — Stacked

Live segmentation data.

YoY Growth Heatmap — Income Lines

YoY growth	FY21	FY22	FY23	FY24	FY25
Revenue	+18.6%	+20.9%	+9.6%	+5.8%	+13.9%
Gross profit	+26.9%	+17.1%	+10.3%	+5.7%	+1.9%
Operating income	+27.8%	+16.4%	+14.5%	+7.9%	+9.2%
Net income	+19.2%	+13.7%	+2.9%	+2.2%	+6.6%

$B · FY ends	FY21	FY22	FY23	FY24	FY25
Revenue	2.8	3.4	3.8	4.0	4.5
Cost of revenue	0.6	0.8	0.8	0.9	1.4
Gross profit	2.3	2.7	2.9	3.1	3.2
R&D expense	0.0	0.0	0.0	0.0	0.0
SG&A expense	0.7	0.9	0.9	1.0	1.2
Operating income	1.2	1.4	1.7	1.8	2.0
EBITDA	1.5	1.8	2.0	2.1	2.3
D&A	0.3	0.3	0.3	0.4	0.4
Pretax income	1.1	1.3	1.3	1.4	1.5
Income tax	0.3	0.3	0.3	0.4	0.5
Net income	0.8	1.0	1.0	1.0	1.1
Diluted EPS ($)	9.99	12.42	13.20	13.97	15.03
Diluted shares (M)	84	77	74	72	71

Operating CF$1B

CapEx$0B

Free cash flow$1B

SBC$0B

Buybacks$1B

Net cash change$5B

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Balance Sheet — Full

$B	FY22	FY23	FY24	FY25
Cash & equivalents	1.4	1.4	1.6	9.0
ST investments	0.0	0.0	0.0	0.0
Receivables (net)	2.1	2.2	2.1	4.0
Total current assets	6.1	7.1	8.7	14.0
PP&E (net)	0.3	0.3	0.4	0.6
Goodwill + intangibles	7.3	7.7	8.4	10.8
Total assets	14.1	15.5	18.0	26.4
Accounts payable	1.6	1.6	1.6	1.6
Short-term debt	2.3	2.1	2.8	3.4
Deferred revenue	1.5	2.4	3.3	0.0
Total current liabilities	6.0	6.8	8.7	14.3
Long-term debt	4.7	4.6	5.2	6.7
Total liabilities	11.5	12.2	14.8	22.2
Shareholders' equity	2.5	3.3	3.1	4.2

Cash Flow Statement — Full

$B	FY22	FY23	FY24	FY25
Net income	1.0	1.0	1.0	1.1
D&A	0.3	0.3	0.4	0.4
Stock-based compensation	0.1	0.1	0.1	0.1
Working capital change	(0.8)	0.6	0.4	(0.2)
Operating cash flow	0.8	2.1	1.9	1.5
Capital expenditures	(0.2)	(0.2)	(0.2)	(0.2)
Investing cash flow	(0.4)	(0.4)	(0.8)	1.2
Buybacks	(1.4)	(0.7)	(1.3)	(0.8)
Dividends paid	0.0	0.0	0.0	0.0
Debt issuance / (repay)	1.1	(0.3)	1.3	2.0
Financing cash flow	(0.3)	(0.9)	0.4	1.6
Free cash flow	0.6	1.9	1.8	1.3

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Balance Sheet Structure ($B)

Cash Generation vs Capex ($B)

Left: what the balance sheet is made of — the gap between the assets bar and the liabilities bar is book equity. Right: whether the capex bar is covered by the operating-cash bar; where it is not, the difference was funded externally and free cash flow goes negative.

Ratio	FY21	FY22	FY23	FY24	FY25	TTM
PROFITABILITY
ROE	27.0%	35.3%	33.7%	31.3%	30.5%	30%
ROA	6.8%	6.9%	6.6%	6.0%	4.8%	4.0%
ROIC	12.8%	13.3%	14.3%	13.5%	26.9%	8.9%
Gross margin	80.2%	77.7%	78.2%	78.1%	69.9%	73.3%
Operating margin	43.8%	42.2%	44.1%	45.0%	43.1%	40.8%
Net margin	29.6%	27.8%	26.1%	25.3%	23.6%	22.7%
EBITDA margin	53.2%	51.4%	53.5%	53.3%	51.6%	50.8%
FCF margin	38.3%	17.6%	64.6%	44.4%	28.7%	—
VALUATION
P/E	21.86	14.29	21.15	24.09	19.72	24.0
P/B	6.40	5.37	6.33	7.75	5.43	7.4
P/S	6.48	3.98	5.53	6.08	4.66	5.23
P/FCF	16.90	22.60	8.55	13.70	16.24	16.0
EV/EBITDA	15.14	10.92	12.98	14.45	9.50	13.2
EV/Revenue	8.05	5.61	6.95	7.71	4.91	6.7
Earnings yield	4.6%	7.0%	4.7%	4.2%	5.1%	4.35%
FCF yield	5.9%	4.4%	11.7%	7.3%	6.2%	6.24%

Ratio	FY21	FY22	FY23	FY24	FY25	TTM
LEVERAGE & SOLVENCY
Current ratio	1.04	1.01	1.04	1.00	0.98	0.97
Quick ratio	1.04	1.01	1.04	1.00	0.98	0.97
Debt / equity	2.09	2.77	2.05	2.56	2.60	3.00
Debt / assets	44.6%	49.9%	43.4%	44.5%	38.3%	37.6%
Net debt / EBITDA	2.96	3.18	2.65	3.04	0.48	2.92
Interest coverage	10.75	8.75	4.80	4.62	4.82	—

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Ratio	FY21	FY22	FY23	FY24	FY25	TTM
EFFICIENCY
Asset turnover	0.23	0.25	0.25	0.24	0.20	0.18
Receivables turnover	1.79	1.78	1.78	1.87	1.49	1.0
DSO (days)	204	205	205	195	245	360
DPO (days)	802	710	711	671	485	621
Cash conversion cycle	-599	-505	-506	-476	-240	-260
GROWTH (YoY)
Revenue growth	18.6%	20.9%	9.6%	5.8%	13.9%	—
Net income growth	19.2%	13.7%	2.9%	2.2%	6.6%	—
EPS growth	24.8%	25.5%	4.0%	5.1%	8.6%	—
FCF growth	-22.1%	-44.4%	302.4%	-27.3%	-26.4%	—
PER SHARE ($)
EPS (diluted, TTM)	10.24	12.85	13.36	14.05	15.26	17.41
Book value / share	34.97	34.23	44.67	43.69	55.39	54.74
Revenue / share	34.57	46.16	51.14	55.62	64.58	76.60
FCF / share	13.24	8.13	33.05	24.70	18.53	25.00
Cash / share	18.54	19.33	18.91	21.74	128.23	48.27
SHAREHOLDER RETURN & SCORES
Buyback yield	7.4%	10.3%	3.3%	5.3%	3.7%	8.16%
Altman Z-Score	2.23	2.01	2.38	2.24	1.51	1.6
Piotroski F-Score	7	5	8	4	5	6/9
Beneish M-Score	-2.33	-2.26	-2.91	-2.72	-1.73	-2.41

Model	Score	Zone	Note
Piotroski F-Score	6 / 9	Middling
Altman Z-Score	1.6	Distress (<1.81)	Distress
Income quality	1.61	Cash-backed	OCF ÷ net income
Beneish M-Score	-2.41	Non-manipulator	vs −2.22 threshold

DuPont Decomposition (TTM)	Value
Tax burden	0.68
Interest burden	0.79
Operating margin	42.0%
Asset turnover	0.21×
Financial leverage	6.51×
= ROE	31%

Growth Quality (live)	Value
Revenue stability	0.97
Earnings stability	0.93
Earnings persistence	0.97
Revenue CAGR 3y	11.5%
EPS CAGR 3y	11.6%
FCF CAGR 3y	-0.2%

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NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Buyback Yield8.16%

Dividend Yield0.00%none paid

Total Shareholder Return7.72%cash yield

SBC / Revenue2.3%dilution pressure

Company	Mkt cap	P/E	ROE	Net margin	Rev growth	Piotroski	1-yr ret
MDB	$27.2B	462.1	2%	5.3%	+25.5%	7/9	+7.4%
VRSN	$27.3B	32.8	-40%	49.8%	+6.9%	6/9	+17.8%
FFIV	$25.0B	34.8	20%	24.1%	+9.4%	9/9	+49.7%
IOT	$23.2B	244.9	6%	3.2%	+29.5%	8/9	+8.6%
RBRK	$23.1B	-88.5	48%	-14.5%	+42.4%	5/9	—
OKTA	$31.3B	110.8	4%	14.4%	+11.2%	9/9	—
CYBR	$20.6B	-129.8	-6%	-4.6%	+36.0%	5/9	—
CRWV	$33.8B	-16.8	-44%	-24.3%	+245.9%	3/9	—

1-yr returns computed from adjusted price history; peers without a tracked series show —.

Buy

18 Analysts

Str Sell (0)Sell (0)Hold (4)Buy (14)Str Buy (0)

Mean Target (qtr)$462.1811 targets

Target vs. Price+15.6%last-quarter mean

Next Report2026-11-04street $7.20

Consensus estimates	Revenue mean	High / Low	EPS mean	High / Low	# EPS est.
FY2026	$5.32B	$5.35B / $5.31B	$27.41	$27.67 / $27.34	11
FY2027	$5.78B	$5.94B / $5.62B	$31.47	$32.63 / $29.62	11
FY2028	$6.30B	$6.39B / $6.08B	$36.87	$39.33 / $33.72	6

Street Price Target — Trajectory

Window	Avg Target	vs. Price	# Targets
Last Quarter	$462.18	+15.6%	11
Last Year	$415.36	+3.9%	25
All Time	$390.55	-2.3%	40

Rolling mean of published targets vs. last close $399.84. Aggregated from StreetInsider.

Third-Party Composite Rating

B+

DCF

4/5

ROE

5/5

ROA

3/5

Debt/Eq

1/5

P/E

3/5

P/B

2/5

Independent quant composite as of 2026-10-16; components scored 1–5 (5 best). Shown for contrast with the InsiderStreet Score — methodologies differ.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

CPAY +44.0% vs S&P 500 +15.9% — spread +28.2pp

Sector — XLK +29.0%

Peer Set — indexed to 100

All series indexed to 100 at the start of the window, adjusted closes.

Candlesticks with SMA 20/50 overlay, Bollinger (20,2σ) band, volume, and Wilder RSI(14) — computed from live daily OHLCV.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Moving Average	Value	Distance	% Distance	Signal
SMA 20	$397.61	+2.23	+0.56%	Above
SMA 50	$404.32	-4.48	-1.11%	Below
SMA 200	$351.28	+48.56	+13.82%	Above
EMA 9	$399.54	+0.30	+0.08%	Above
EMA 21	$399.68	+0.16	+0.04%	Above
EMA 50	$396.36	+3.48	+0.88%	Above
EMA 200	$361.57	+38.27	+10.58%	Above

Series and readings from the nightly technical-indicator history — identical data to the site's ribbon chart. Supertrend segments colored by direction.

TECHNICAL VERDICTBULLISHPower Score +3617 of 22 indicator votes bullish

Family Scores (site weights)

Trend 30%67

Momentum 25%90

Volume 20%56

Volatility 10%83

Patterns 15%38

This Week73% bullishof 11 price-based votes

4 Weeks Ago27%+46 pts since

12 Weeks Ago100%-27 pts since

ReadImprovingweek-over-week trajectory

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Price vs SMA 20$397.61

Price vs SMA 50$404.32

Price vs SMA 200$351.28

EMA 9/21 Cross399.5/399.7

SMA 50/200Golden

ADX DirectionADX 16

Supertrend$413

Parabolic SAR$390

SMA Slope0.100

RSI50.0

Stochastic K/D60/57

StochRSI K/D61/56

Williams %R-47

CCI82

TSI vs Signal-1.4

CMO0.1

ROC1.30%

OBV SignalDistrib

Chaikin MF0.030

MFI48

Force Index1M

Elder Ray Bull11.88

RSI (14)30 oversold · 70 overbought

Stochastic %Kvs %D 57

Money Flowvolume-weighted RSI

ADXtrend strength · <20 weak

Williams %Rinverted scale

Level	Value	Level	Value
Pivot / R1 / R2	$402.82 / $409.69 / $413.18	S1 / S2	$399.33 / $392.46
Bollinger (20,2)	$388.02 – $407.20	Squeeze	ON
52-wk range	$252.84 – $427.46	Off 52-wk high	-6.5%
ATR (14)	$9.35 (2.3%)	Historical vol	20.1%

+2.9%Jan69%

+5.2%Feb69%

-0.7%Mar50%

+3.7%Apr60%

-0.6%May47%

-0.4%Jun53%

+2.3%Jul67%

+3.7%Aug60%

-1.9%Sep33%

+0.3%Oct67%

+4.1%Nov80%

+0.8%Dec56%

Sample: 16 years — treat short histories as suggestive, not statistical.

Computed from live weekly prices	CPAY	S&P 500
Weekly volatility (σ, 1y)	5.15%	1.83%
Best / worst week (1y)	+15.4% / -11.6%	—
Max drawdown (5y, monthly)	-47.2%	—
1-week VaR (95%)	-8.0%	—
Beta (5y)	0.87	1.00

This space intentionally left blank — the next section begins on the following page

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

CPAY EQUITY WEATHER (LIVE)RAINY · -19

Trend-21

Momentum+10

Volume-46

Volatility-30

Breadth-17

MARKET REGIME (2026-10-16)NEUTRAL

VIX19.99Normal

Dow TheoryConfirmed Bearish

SPY / QQQ TSI7.2 / 4.7trend strength

Sector Strength46/100breadth average

Average sentiment of 153 stories, weekly buckets, −1 to +1.

Overall-19.1-0.7 vs industry

Trend-20.7-3.3 vs industry

Momentum+9.7+29.9 vs industry

Volume-45.7-44.7 vs industry

Reading	CPAY	Software - Infrastructure n=566	Technology n=6,969	All US symbols n=70,435
Overall	-19.1	-18.4	-20.7	-20.5
Trend	-20.7	-17.3	-20.8	-21.3
Momentum	+9.7	-20.2	-28.5	-15.8
Volume	-45.7	-1.0	+0.0	-3.8

Trend, momentum and volume are computed per company. Volatility and breadth are market-regime values shared by every symbol in the universe, so they are reported once under Market Regime rather than compared here - a company cannot differ from its sector on a constant.

Pillar (live disclosure scores)	Score
Environmental	69
Social	68
Governance	64
Composite ESG	67

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Filed	8-K contents	Items
2026-08-05	Earnings Release; Regulation FD; Exhibits	2.02,7.01,9.01
2026-07-24	Officer/Director Change	5.02
2026-05-22	Material Agreement; Regulation FD; Exhibits	1.01,7.01,9.01
2026-05-12	Shareholder Vote	5.07
2026-05-12	Regulation FD	7.01
2026-05-07	Earnings Release; Regulation FD; Exhibits	2.02,7.01,9.01
2026-04-27	Regulation FD; Exhibits	7.01,9.01
2026-02-26	Shareholder Nominations; Other Events	5.08,8.01

Methodology. Every figure originates in InsiderStreet's production data layer and is computed deterministically by the same engines that power insiderstreet.ai. This factsheet contains no model-written text. Sections without underlying data are omitted rather than estimated.

DISCLOSURES. This document is produced by InsiderStreet.ai from live production data. It is not investment advice, not an offer or solicitation to buy or sell any security, and not a recommendation tailored to any person. Data is sourced as of the dates shown and may no longer be current. InsiderStreet.ai is not a registered investment adviser or broker-dealer. Investing involves risk, including loss of principal. Past performance does not guarantee future results. Do not make any investment decision based on this document. © 2026 InsiderStreet.ai — all rights reserved. Redistribution prohibited.

Data domain	Source	Coverage for this report
Price & volume	market_db.historical_prices	52 rows
Fundamentals	income_statements_annual	6 rows · 2020 to 2025
Reported vs consensus	fact/earnings_calendar	14 rows · 2022-06-29 to 2026-08-05
Analyst estimates	dim/forward_estimates	3 rows · 2026-12-31 to 2028-12-31
Institutional ownership (13F)	holdings_db.institutional_ownership_summary	34 rows · 2018 to 2026
Insider transactions (Form 4)	edgar/form4	12 rows · 2026-08-24 to 2026-08-25
Proposed sales (Form 144)	edgar/form144	1 record
Beneficial ownership (13D/G)	edgar/13dg	4 rows · 2026-04-29 to 2026-10-15
Short-sale volume (FINRA)	edgar/short_volume_daily	60 rows · 2026-07-23 to 2026-10-15
Dark pool (ATS, tier 1)	edgar/darkpool_weekly	12 rows · 2026-06-15 to 2026-08-31
ETF & fund holding	etf_holdings_changelog (30d)	1 record
Peer set	stock_peers_dynamic	8 rows
Industry medians	industry_medians	1 record
Congressional trades	congress_db (House + Senate)	1 record
ESG	fact/esg_disclosures	1 record

Method. Every figure in this factsheet is looked up from a named field computed in code. It contains no model-written text.

Not covered. Short interest as a percent of float and days-to-cover are not in this data set — the short-sale figures above are FINRA volume, a flow, and cannot support squeeze or covering analysis. Options positioning and intraday data are also absent. 13F ownership is filed 45 days after quarter end and congressional trades are disclosed on a lag, so both describe a past position, not a current one.

Corpay, Inc. (CPAY)

Corpay, Inc. (CPAY)

Score Breakdown

Peer Comparison — IS Score

IS Score Trend — quarterly

Corpay, Inc. (CPAY)

Institutions holding — 12 quarters

Corpay, Inc. (CPAY)

Monthly Net Insider Flow (000 shares)

Signal Summary

Corpay, Inc. (CPAY)

2.8 · Largest Reporting 13F Managers

2.9 · Top ETF & Fund Ownership

13F Filers Holding CPAY — quarterly

Institutional Put/Call — quarterly

Corpay, Inc. (CPAY)

Where CPAY Trades in the Dark

Corpay, Inc. (CPAY)

3.8 · Employees (SEC filings)

Corpay, Inc. (CPAY)

Corpay, Inc. (CPAY)

Corpay, Inc. (CPAY)

Balance Sheet — Full

Cash Flow Statement — Full

Corpay, Inc. (CPAY)

Corpay, Inc. (CPAY)

Corpay, Inc. (CPAY)

Street Price Target — Trajectory

Third-Party Composite Rating

Corpay, Inc. (CPAY)

Corpay, Inc. (CPAY)

Family Scores (site weights)

Corpay, Inc. (CPAY)

Corpay, Inc. (CPAY)

Corpay, Inc. (CPAY)