In other recent news, Corpay reported its Q1 2025 earnings, showing an 8% increase in revenue to $1.6 billion and earnings per share (EPS) of $4.51, aligning with market expectations. The company has made a strategic investment in AvidXchange, alongside TPG, with an option to fully acquire it within three years, aiming to enhance earnings per share and valuation. BMO Capital Markets raised Corpay's stock price target to $410, maintaining an Outperform rating, citing confidence in the company's potential for double-digit organic revenue growth, especially in Vehicle Payments. Meanwhile, JPMorgan (NYSE: JPM ) adjusted its price target for Corpay to $400 from $420, reaffirming an Overweight rating, as Corpay focuses on high-growth corporate payments sectors.