Copart Q3 Earnings Beat Estimates on Higher ASPs, Mix Shift
CPRT beats Q3 estimates as higher selling prices and a richer revenue mix offset lower unit volumes and softer insurance activity.
CPRT - Copart, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$46.50
DETAILS
HIGH:
$48.00
LOW:
$45.00
MEDIAN:
$46.50
CONSENSUS:
$46.50
UPSIDE:
37.61%
Stock News
Copart, Inc. (CPRT) Q3 2026 Earnings Call Transcript
Copart, Inc. (CPRT) Q3 2026 Earnings Call Transcript
Copart Q3 Earnings Call Highlights
Copart NASDAQ: CPRT reported higher revenue and profit for its fiscal third quarter of 2026, even as insurance unit volumes declined amid softer claims activity and shifting consumer insurance behavior.
Copart, Inc. (CPRT) Tops Q3 Earnings and Revenue Estimates
Copart, Inc. (CPRT) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.42 per share a year ago.
Is Copart (CPRT) Still 37.7% Undervalued After Q3 FY2026 EPS and Revenue Beat? EPS $0.43 vs $0.42 est; Revenue $1.237B vs $1.195B est -- GF Score 87/100
On May 21, 2026, Copart Inc (CPRT) released its 8-K filing reporting fiscal third quarter 2026 results for the period ended April 30, 2026. Quarterly revenue wa
Copart Reports Third Quarter Fiscal 2026 Financial Results
DALLAS--(BUSINESS WIRE)--Copart, Inc. (NASDAQ: CPRT) today reported financial results for the quarter ended April 30, 2026. For the three months ended April 30, 2026, revenue, gross profit, and net income attributable to Copart, Inc. were $1.2 billion, $572.6 million, and $402.4 million, respectively. These represent an increase in revenue of $25.4 million, or 2.1%; an increase in gross profit of $20.3 million, or 3.7%; and a decrease in net income attributable to Copart, Inc. of $(4.2) million.
Copart, Inc. (CPRT) Stock Slides as Market Rises: Facts to Know Before You Trade
In the closing of the recent trading day, Copart, Inc. (CPRT) stood at $32.94, denoting a -1.5% move from the preceding trading day.
Copart, Inc. to Release Third Quarter Fiscal 2026 Results
DALLAS--(BUSINESS WIRE)--Copart, Inc. (NASDAQ: CPRT) announced today that it will release earnings for the third quarter of fiscal 2026 after 4:00 p.m. Eastern Time (3:00 p.m. Central) on Thursday, May 21, 2026. On Thursday, May 21, 2026, at 5:30 p.m. Eastern Time (4:30 p.m. Central), Copart will conduct a conference call to discuss the results for the quarter. The call will be webcast live and available for access by clicking “Listen Here” at www.copart.com/investorrelations. A replay of the c.
Copart, Inc. (CPRT) Gains As Market Dips: What You Should Know
Copart, Inc. (CPRT) closed the most recent trading day at $33.87, moving +1.44% from the previous trading session.
Copart: A Wide-Moat Compounder Trading At Discount
Copart, Inc. has declined nearly 50% but retains strong fundamentals and structural growth drivers, warranting a buy rating and a $39.25 price target. Rising total loss frequency, driven by EV complexity and ADAS, expands CPRT's addressable market and underpins a long-term growth thesis. CPRT's dual moat—physical yard ownership and the VB3 auction platform—creates high barriers to entry and supports durable margins.
HB Wealth Management LLC Cuts Position in Copart, Inc. $CPRT
HB Wealth Management LLC lessened its holdings in Copart, Inc. (NASDAQ: CPRT) by 48.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 44,868 shares of the business services provider's stock after selling 42,539 shares during the quarter. HB Wealth Management LLC's holdings
Copart, Inc. (CPRT) Stock Sinks As Market Gains: Here's Why
In the latest trading session, Copart, Inc. (CPRT) closed at $33.07, marking a -2.39% move from the previous day.
New Strong Sell Stocks for April 23rd
BIDU, CPRT and DORM have been added to the Zacks Rank #5 (Strong Sell) List on April 23rd, 2026.
Davidson Kahn Capital Management LLC Raises Stock Position in Copart, Inc. $CPRT
Davidson Kahn Capital Management LLC grew its holdings in Copart, Inc. (NASDAQ: CPRT) by 56.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 100,151 shares of the business services provider's stock after buying an additional 36,091 shares during the period. Copart
Jeffrey Liaw Sells 26,213 Shares of Copart (NASDAQ:CPRT) Stock
Copart, Inc. (NASDAQ: CPRT - Get Free Report) CEO Jeffrey Liaw sold 26,213 shares of the company's stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $33.18, for a total transaction of $869,747.34. Following the transaction, the chief executive officer owned 79,532 shares of the company's stock, valued
Copart, Inc. (NASDAQ:CPRT) Receives Average Rating of “Hold” from Analysts
Shares of Copart, Inc. (NASDAQ: CPRT - Get Free Report) have earned an average recommendation of "Hold" from the eight research firms that are currently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, three have given a hold recommendation, one has issued a buy recommendation and two
Assetmark Inc. Raises Stake in Copart, Inc. $CPRT
Assetmark Inc. raised its stake in Copart, Inc. (NASDAQ: CPRT) by 7.3% in the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 507,255 shares of the business services provider's stock after buying an additional 34,410 shares during the quarter. Assetmark
Copart, Inc. (CPRT) Outperforms Broader Market: What You Need to Know
In the latest trading session, Copart, Inc. (CPRT) closed at $33.25, marking a +1.5% move from the previous day.
Copart: A Wonderful Company At A Wonderful Price
After reaching an all-time high of $64.38 per share in November 2024, Copart is currently caught in a ~50% drawdown. This is one of the largest pullbacks since the company's initial public offering in March 1994 and of similar size to what happened following the 2008 global financial crisis. Over the long term, I expect total loss frequency to continue its inexorable rise and to eventually surpass 30%, an incredible change versus the 4% recorded in the early 1980s.
Copart, Inc. (CPRT) Stock Drops Despite Market Gains: Important Facts to Note
Copart, Inc. (CPRT) concluded the recent trading session at $32.84, signifying a -1.68% move from its prior day's close.
Price Targets
Copart price target lowered to $45 from $47 at Jefferies
$45.00
(was $33.79)
Jefferies
Copart price target lowered to $48 from $52 at Baird
$48.00
(was $37.65)
Robert W. Baird
Copart price target lowered to $52 from $55 at Baird
$52.00
(was $40.06)
Robert W. Baird
Copart price target raised to $33 from $32 at Barclays
$33.00
(was $41.02)
John Babcock
·
Barclays
Barclays starts Copart at Underweight on share loss risk
$32.00
(was $41.34)
Barclays
Copart upgraded to Buy from Hold at HSBC
$62.00
(was $48.12)
Wesley Brooks
·
HSBC
Copart (CPRT) PT Raised to $63 at Jefferies
$63.00
(was $54.58)
Bret Jordan
·
Jefferies
JP Morgan Upgrades Copa Holdings to Overweight, Raises Price Target to $132
$132.00
(was $15.64)
J.P. Morgan
Stephens & Co. Maintains Overweight on Copart, Raises Price Target to $74
$74.00
(was $16.04)
Stephens
Raymond James Cuts Copa's Price Target By 4%
$110.00
(was $30.35)
Savanthi Syth
·
Raymond James