Corpay's Cross-Border business signed an agreement with Fever, making Corpay the live entertainment platform's exclusive global foreign exchange partner across multiple international regions. The stock trades about 12.5% below the average analyst price target and at a 46.6% discount to an intrinsic estimate of $658.21 per share, according to a Simply Wall St discounted cash flow model. A separate narrative pegs fair value at $395.14, above the last close of $351.16, implying an 11.1% undervaluation. The company has been expanding its international cross-border platform through product launches like the multicurrency account, extension of services to new customer verticals, and accretive acquisitions.
Corpay IncCorpay becomes exclusive global FX partner for Fever, expanding cross-border business.