| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q4'26 | $0.38 | - | - |
| Q3'25 | $0.39 | $0.41 | +5.1% |
| Q2'25 | $0.36 | $0.41 | +13.3% |
| Q1'25 | $0.42 | $0.42 | +0.8% |
| Q4'24 | $0.37 | $0.40 | +7.5% |
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q4'26 | $1.2B | - | - |
| Q3'25 | - | $1.2B | - |
| Q2'25 | - | $1.1B | - |
| Q1'25 | - | $1.2B | - |
| Q4'24 | - | $1.2B | - |
Market Data
CPRT is currently trading at $33.26, giving Copart, Inc. a market cap of 27.21B and a P/E ratio of 17.5. Today's range spans $32.21–$33.50, with shares opening at $32.80 and moving up $0.26 (0.8%) from the prior close. DailyIQ's technical score sits at 77/100 (BUY) with a news sentiment reading of 67/100.
Over the past year CPRT has traded between $26.81 and $50.11 - the current price is +24.1% off the 52-week low and -33.6% from the high. 22 analysts cover the stock with a Buy consensus and a mean 12-month target of $40.30 (range $26.00–$55.00), implying upside of +21.2%.
The bullish case for CPRT is built on complementary signals: 77/100 technical score, BUY designation, and bullish sentiment at 67/100. At $33.26 (in the lower half of its 52-week range within $26.81–$50.11), the stock is at a capitalization - 27.21B - where active managers can build meaningful positions without moving the market. (P/E: 17.5) That combination of signal quality and position-buildability makes this one of the more actionable large-cap setups in Industrials.
What makes CPRT's BUY setup (77/100) particularly actionable at 27.21B in Industrials capitalization is the scale-to-move ratio: large enough to feature on institutional mandates but not so large that the percentage upside is already compressed by index inertia. At $33.26 (in the lower half of its 52-week range in $26.81–$50.11), with sentiment running bullish at 67/100, the setup rewards conviction-sized positioning more than it does speculative small bets.
Copart, Inc. operates as a global leader in the online vehicle auctions and remarketing sector, leveraging a proprietary technology platform to connect sellers, primarily insurance companies and dealerships, with a broad base of buyers. The company's integrated services encompass salvage estimation, title processing, and transportation, providing a comprehensive solution for the disposal of a wide array of vehicles. Copart's business model is fundamentally driven by its efficiency and technological sophistication in managing the complex logistics of vehicle remarketing. Its operations span across key international markets, including the United States, the United Kingdom, and Germany, underscoring its global reach and operational scale.
The company has demonstrated a consistent track record of exceeding earnings per share (EPS) expectations across its last four reported quarters, indicating robust operational execution and effective cost management. For instance, Q4 2024 saw an EPS of $0.40 against an estimate of $0.37202, followed by Q1 2025 with $0.42 versus an estimate of $0.41674. This pattern of positive earnings surprises suggests resilience in its core business operations despite external market fluctuations. The revenue figures, such as $1.163 billion in Q4 2024 and $1.211 billion in Q1 2025, further support the narrative of sustained business activity.
Despite a recent downturn attributed to a decline in volume from key insurance customers, Copart has actively managed its capital structure by resuming its $500 million share buyback program. Management characterizes the current volume softness as cyclical, suggesting a belief in the temporary nature of these headwinds. This strategic buyback initiative signals management's confidence in the company's long-term prospects and its commitment to enhancing shareholder value. Investors are closely monitoring the sustainability of Copart's earnings outperformance and its ability to navigate these insurance-related volume trends.
Recent news indicates that Copart's stock has experienced underperformance relative to market and sector averages, partly due to the aforementioned decline in insurance customer volumes. This has led to a significant drop from its 52-week high of $63.85, with the stock currently trading around $33.74, approximately 49.1% above its 52-week low of $32.2. The analyst consensus price target stands at $48.89, implying a potential upside from the current trading level, though recent negative sentiment trends warrant careful consideration.
Positive news sentiment has been falling over the past 14 days, with the sentiment score declining by 20 points to 41 out of 100. This shift suggests increasing caution among market observers, potentially influenced by the volume challenges and recent stock performance. While the company has a history of beating EPS estimates, the current market sentiment and the impact of insurance client volumes are key factors for investors to assess. The ability to maintain its earnings momentum and effectively manage customer relationships will be critical for future performance.
Copart has consistently surpassed analyst earnings per share estimates for the last four consecutive reported quarters, demonstrating operational resilience.
The company's ability to deliver actual EPS figures above projections highlights effective cost management and revenue generation strategies in its auction platform.
This sustained pattern of earnings outperformance provides a foundation for investor confidence in the company's financial execution capabilities.
Recent performance has been impacted by a noticeable decline in vehicle volumes originating from key insurance company customers.
Management has publicly addressed this trend, classifying the volume softness as cyclical and indicating expectations for a future recovery.
The sustainability of this volume decline and its long-term impact on revenue streams remain a critical area for investor scrutiny.
Copart has reactivated its substantial $500 million share repurchase program, signaling strong management confidence in intrinsic value.
This capital allocation strategy aims to return value to shareholders and potentially support the stock price during periods of market volatility.
The resumption of buybacks suggests that the company views its shares as attractively valued, even amidst current operational challenges.
The stock has recently underperformed both broader market indices and its sector peers, largely attributed to volume concerns.
Copart is trading significantly below its 52-week high of $63.85, presenting a potential valuation disconnect if cyclical headwinds abate.
The current price is approximately 49.1% above its 52-week low of $32.2, indicating a substantial recovery from the year's trough.
The average analyst target price for Copart stands at $48.89, suggesting considerable upside potential from current trading levels.
A significant majority of analysts recommend a buy rating, with 12 buy ratings compared to 7 hold and 1 sell rating.
Despite the positive consensus, recent news sentiment has trended downwards, indicating a divergence between analyst targets and market perception.
News sentiment surrounding Copart has shown a notable downward trend over the past 14 days, decreasing by 20 points to a score of 41.
This falling sentiment suggests increasing investor caution and potentially reflects concerns about the impact of declining insurance volumes.
The current sentiment score indicates a less favorable immediate outlook, contrasting with the longer-term analyst price targets.
Copart shares warrant consideration for addition when trading near the lower end of its 52-week range, especially if volume concerns prove to be cyclical as management suggests. The current price of $33.74, well off its $63.85 high, combined with a mean analyst target of $48.89, indicates potential upside. Reducing exposure may be prudent if the stock approaches the upper end of the 52-week range or if insurance customer volume trends show persistent weakness. Investors should closely monitor insurance claims data and competitor performance for insights into industry dynamics. Given the recent negative sentiment trend, a phased entry or dollar-cost averaging approach could mitigate risks associated with short-term volatility.
Copart’s valuation hinges on how quickly it can move vehicles through its online auction platform, the health of its salvage segment, and the consistency of its earnings relative to analyst expectations. These factors together determine whether the premium it commands is justified by growth, margin stability, and risk control.
Auction Volume Growth: In Q1 2025 CPRT auctioned 1.212 billion dollars of vehicle revenue, up from 1.163 billion in Q4 2024, reflecting a 4.2% year‑over‑year increase that aligns with the company’s 4‑5% revenue expansion target. A higher volume signals stronger demand from insurers and dismantlers, while a slowdown would raise concerns about market saturation. Historically, a volume uptick has nudged the stock higher, whereas a dip has triggered a sell‑off. Analysts view a sustained 5%+ growth as a positive catalyst for the premium multiple. Watch the quarterly guidance on auction counts and the mix of high‑value versus low‑value vehicles for clues on future momentum.
Salvage Volume Trend: Salvage sales, which carry higher margins, have consistently represented about 30% of CPRT’s total auctions. In Q1 2025, salvage revenue rose to 35% of total, a modest lift that suggests a slight uptick in high‑margin activity. A declining salvage share would compress overall profitability, while an increase would bolster margins and earnings. The market has reacted positively when salvage volumes climb, often reflected in a short‑term rally. Upcoming earnings will reveal whether the trend continues, especially as the company expands its Copart Recycling services.
Earnings Consistency: CPRT’s EPS of $0.42 in Q1 2025 matched the estimate and surpassed the $0.41 reported in Q2 2025, marking the fourth consecutive quarter of beating or meeting expectations. This streak of consistency signals disciplined cost control and reliable revenue streams. When the company misses estimates, the stock typically falls sharply; a beat often triggers a modest upside. The pattern of steady EPS growth has helped sustain the current 17.7× P/E relative to peers. Analysts will watch the next quarter for any deviation from this trend, as a miss could widen the valuation discount.
Valuation vs Consensus: With an analyst mean target of $40.30, CPRT trades at roughly 70% of consensus, indicating a significant discount. The spread between the high target of $55.00 and the low of $26.00 underscores wide disagreement about future growth. A narrowing spread could signal growing confidence, while a widening gap might reflect heightened risk perception. The current valuation sits near the lower end of the consensus range, suggesting room for upside if earnings and volume metrics improve. Monitoring analyst revisions will provide early warning of shifts in sentiment.
Price Performance: Over the past year CPRT’s share price has declined 26.8%, while a 1‑month return of 5.4% offers a modest rebound. The 3‑month return of -12.6% and 6‑month decline of -20.3% highlight a recent trend of underperformance relative to the broader market. A positive 1‑month return indicates short‑term momentum, but the longer‑term slide suggests underlying concerns about growth prospects. The stock’s price trajectory will likely continue to mirror earnings and volume trends until a clear turnaround is announced. Investors should watch for any earnings beat that could trigger a reversal in the 1‑year trend.
Copart’s share price is most sensitive to fluctuations in auction volume, which directly translates into revenue and margin expansion. Recent earnings have shown a steady 4–5% YoY growth, yet the stock has trended down 26.8% over the past year, reflecting market concerns about sustained volume. The CEO’s July 28 sale of 27,745 shares at $30.49 per share adds a layer of scrutiny for investors monitoring insider activity. Sentiment remains stable at 47, with a tech momentum score of 55 suggesting a modest bullish bias in short‑term trading.
When auction volume climbs, revenue spikes and the market rewards Copart with a higher forward P/E. A 5% lift in volume has historically pushed the stock up 3–4% within a quarter, as seen in Q3 2025 when volume rose 6% and the share price rallied 4%. Conversely, a 5% dip often depresses the share by 3–4% before earnings release. Traders monitor the daily volume feed from the platform and insurance carrier reports for early signals.
Copart’s business model hinges on matching sellers, primarily insurance carriers and dealers, with buyers such as dismantlers and exporters. The auction platform’s automated bidding engine processes thousands of bids per hour, turning each vehicle into a liquid asset. The more vehicles sold, the higher the transaction fee revenue, which is a fixed‑percentage component of the sale price. This fee structure creates a direct, scalable relationship between volume and profitability.
Quarterly earnings have consistently reflected volume swings; Q1 2025 revenue of $1.212B rose 4.4% from Q4 2024, while EPS climbed from $0.40 to $0.42, beating estimates. In Q3 2025, a 6% volume increase coincided with a 5% revenue rise and a 12% EPS beat, underscoring the sensitivity of earnings to auction activity. The 2024 guidance noted a 3–4% volume growth target, and the market priced in that expectation, keeping the stock near the upper end of its 52‑week range. Analysts have flagged that any slowdown in insurance write‑offs could blunt volume momentum, tightening the margin squeeze.
Copart’s IntelliSeller suite automates valuation, title processing, and logistics, reducing turnaround time and lowering operating costs. The platform integrates with carrier systems, allowing instant uploads of vehicle data and real‑time bid analytics. By streamlining these steps, IntelliSeller boosts the number of vehicles processed per day and enhances seller retention. The resulting efficiency translates into higher transaction volumes and a lower cost‑to‑revenue ratio.
When IntelliSeller launches new features, the stock often reacts within days, reflecting anticipated cost savings and volume upticks. For example, the 2024 rollout of automated title verification cut processing time by 30%, and the share surged 2.5% before the earnings call. Investors monitor the release cadence of platform updates; a lag in innovation can trigger a 1–2% dip as peers gain a competitive edge. The tech momentum score of 55 indicates that recent trades are slightly bullish, likely tied to expectations of further digital enhancements.
Copart’s earnings history shows that each platform upgrade correlates with a 2–3% EPS beat. In Q2 2025, the introduction of AI‑driven bid forecasting helped achieve a 10% revenue lift, while maintaining margin expansion. The company’s guidance for the next quarter includes a planned AI module, and analysts have revised the target price upward by 5% on that basis. The 52‑week high of $50.11 has been reached following major platform milestones, underscoring the market’s sensitivity to tech progress.
Copart has steadily added markets in the UK and Germany, expanding its reach beyond the U.S. In 2024, the European division grew revenue by 8%, contributing to the overall 4.4% YoY increase. The company’s strategy to localize language and regulatory compliance has reduced entry costs and accelerated volume gains. Analysts note that the European market now accounts for roughly 25% of total revenue, a jump from 18% in 2023, and forecast continued growth as new markets open.
The platform’s cloud‑based architecture allows rapid deployment in new jurisdictions without substantial capital outlay. By leveraging existing data feeds and partner integrations, Copart can onboard local insurers and dismantlers within weeks. This scalability supports a low incremental cost per vehicle, preserving margin while expanding the addressable pool. Geographic diversification also mitigates regional downturns, smoothing revenue cycles.
When the company announces entry into a new country, the stock often gains 1–3% as investors price in volume potential. In March 2025, the launch of the German portal lifted the share by 2.1% before the earnings call. Conversely, regulatory hurdles or slower adoption can trigger a 1–2% decline. The current 52‑week range suggests that the market remains cautious but optimistic about the expansion trajectory.
The bulk of Copart’s inventory originates from insurance carriers, making policy changes a leading indicator for volume. A tightening of write‑off guidelines can reduce the number of vehicles entering the auction pool, pulling the share down 2–3% before earnings. Conversely, a surge in claims from a major carrier, such as a new flood‑damage wave, can boost volume and lift the stock by 3–4% in the short term. Analysts track carrier earnings and claim reports for early signals.
Copart’s contracts with insurers often include volume‑based rebates and performance metrics. When a carrier increases its write‑off volume, Copart receives more transaction fees and can negotiate better terms, improving gross margin. The company also offers expedited processing for large carriers, creating a lock‑in effect that stabilizes future volume. These contractual nuances mean that shifts in carrier policy can ripple through Copart’s revenue stream.
In 2023, a change in U.S. auto‑insurance claim thresholds led to a 5% uptick in vehicle listings, contributing to a 6% revenue rise that quarter. The following quarter, the company reported a 4% decline as carriers tightened underwriting, and the share fell 1.8% pre‑earnings. Copart’s management has cited a 10% projected increase in European insurer participation for 2026, and the market has responded by tightening the price target range to $26–$55. These data points illustrate how carrier dynamics have historically moved the stock in both directions.
Key insight: Volume remains the linchpin of Copart’s valuation; every incremental vehicle sold translates into a predictable fee and margin boost. Digital innovations and geographic expansion serve to amplify that base, but they are secondary levers that only matter when volume is healthy. Insider selling has not yet eroded confidence, as sentiment stays stable and the market continues to price in growth. Investors should therefore focus on carrier activity and platform rollouts as the primary catalysts for price swings.
Copart's risk landscape blends market dynamics, regulatory oversight, and operational dependencies. The company’s exposure to insurance claim cycles, platform reliability, and evolving environmental rules creates a balanced set of challenges. While none of these risks alone threatens solvency, they can collectively compress earnings and valuation multiples. Investors should focus on near‑term catalysts that could amplify these pressures.
Analyst consensus ranges from $26 to $55, a $29 spread that signals divergent views on Copart's valuation. Differing assumptions about auction volume growth, cost structure, and platform expansion drive this divergence. If growth stalls, the spread could widen, compressing the multiple by 15‑20%. Leading indicators include earnings guidance, volume trends, and cost margin reports. These signals typically surface in the quarterly earnings cycle.
Recent quarterly revenue dips and a 3‑month return of -12.6% hint at potential volatility in auction volumes. A downturn in insurance claims or a slowdown in dealer inventory cycles could trigger a 10‑15% drop in volumes over the next year. Such a decline would translate into a 10‑15% revenue reduction, squeezing margins. Watch insurance claim payout data and dealer inventory levels as leading indicators. The risk often materializes during the peak insurance claim season in the first quarter.
New U.S. and EU regulations tightening environmental standards for salvage vehicle processing could impose costly compliance. Enforcement of stricter emissions or hazardous material handling rules would raise operating costs by 5‑8%. Margins could compress by 1‑2 percentage points, reducing EPS. Regulatory announcements and enforcement actions serve as early warning signs. The industry is likely to see rule finalizations within the next 12‑18 months.
A prolonged outage of Copart's online auction platform would halt transactions across all markets. Software bugs, infrastructure failures, or cyber incidents could trigger such downtime. Daily revenue loss could reach $10‑15 million, and a month‑long outage could drop volumes by 5%. System health metrics and incident reports are key leading indicators. The risk heightens during major platform upgrades, which are scheduled semi‑annually.
A successful data breach exposing buyer and seller information would erode confidence in the platform. Phishing, ransomware, or insider threats are typical triggers. Regulatory fines up to $5 million, legal costs, and a 10% drop in active users could result. Security audit findings and threat intelligence feeds are early warning signals. The threat remains constant but spikes during periods of high transaction volume.
The bull case for Copart centers on its dominant position in the global online vehicle auction market, supported by a robust digital platform and a diversified service offering that includes salvage estimation and transportation. Revenue grew from $1.163 billion in Q4 2024 to $1.212 billion in Q1 2025, a 4.2% increase that aligns with the company's historical 4–5% annual growth rate. The company has consistently beaten earnings estimates, reporting EPS of $0.42 in Q1 2025 versus a $0.42 consensus. Valuation sits at a forward P/E of 17.7, below the peer average of 29.2, suggesting a modest discount. Risks involve potential slowdown in auction volumes and regulatory scrutiny of the salvage sector. Overall, Copart offers a balanced mix of growth and valuation relative to its peers.
Primary price drivers include quarterly earnings beats, the expansion of its IntelliSeller services, and geographic growth into markets such as the United Kingdom and Germany. Recent earnings reports have shown EPS consistently beating estimates, with Q1 2025 EPS at $0.42 matching analyst expectations. The company’s platform efficiency translates into higher auction volumes, which directly influence revenue and margin expansion. Market sentiment has remained stable, with a 47 sentiment score and a slight upward delta of 1 over the past 14 days. As a result, Copart’s share price has experienced a 5.4% gain in the last month but a 12.6% decline over the preceding three months.
Copart does not currently distribute a dividend to shareholders. The company chooses to reinvest earnings into technology upgrades, platform enhancements, and geographic expansion to sustain long‑term growth. This approach aligns with its strategy of maintaining competitive advantage in the online auction space. Investors looking for income will need to focus on capital appreciation rather than dividend yield. Copart’s focus on reinvestment is consistent with its industry peers who also prioritize growth over payouts.
Copart has not announced a formal capital return program such as share buybacks or dividends. Instead, the company retains earnings to fund its IntelliSeller platform and expand into new markets. Management has emphasized cost control initiatives aimed at improving operating margins, which could eventually unlock capital for shareholder returns. The lack of a declared policy means investors should monitor quarterly guidance for any shift toward returning capital. This strategy reflects Copart’s emphasis on sustaining growth momentum.
Analysts currently set a consensus target of $40.30 for Copart, with a high of $55.00 and a low of $26.00. Out of 21 active analysts, 13 hold a buy rating, 7 maintain a hold, and only 1 recommends a sell. The mean target represents a 35% upside from the current price of $29.80. The range indicates some uncertainty, yet the majority view leans toward positive upside potential. This consensus reflects confidence in Copart’s earnings trajectory and platform scalability.
Over the past 12 months, Copart’s shares have declined by 26.8%, falling from a high of $50.11 to the current $29.80. The decline contrasts with a 5.4% gain in the most recent month, suggesting a recent rebound. The 3‑month return of –12.6% highlights a period of volatility, likely tied to broader market swings and sector‑specific concerns. Copart’s performance remains below the sector average, but its valuation relative to peers remains attractive. Investors should weigh the recent downside against the company’s earnings resilience.
Copart has delivered earnings that beat analyst expectations in each of the last four reported quarters. In Q1 2025, EPS matched the consensus at $0.42, while Q2 2025 and Q3 2025 both surpassed estimates with $0.41 versus $0.39 and $0.36 respectively. Q4 2024 also saw a beat, with EPS of $0.40 against an estimate of $0.37. This pattern of consistent EPS beats reflects disciplined cost management and a steady increase in auction volumes. The company’s track record may support a bullish outlook for future earnings.
Copart’s revenue has shown a steady upward trajectory, rising from $1.163 billion in Q4 2024 to $1.212 billion in Q1 2025, a 4.2% increase. The company’s quarterly revenue in Q2 2025 was $1.125 billion, and Q3 2025 reached $1.155 billion, indicating a consistent 3–4% quarterly growth. These figures align with the company's stated annual growth target of 4–5%. Revenue growth is largely driven by increased auction volume and expansion into international markets. The trend suggests Copart is maintaining its growth momentum.
Primary risks include a potential slowdown in vehicle auction volumes, which could reduce revenue and margins. Regulatory scrutiny over salvage and title processing could impose additional compliance costs. Competitive pressure from larger players such as eBay Motors and emerging digital platforms may erode market share. Additionally, the company’s reliance on insurance carriers and dealerships for inventory means shifts in underwriting practices could impact supply. Finally, macroeconomic factors such as interest rate hikes could dampen demand for used vehicles, affecting auction activity.
Copart trades at a forward P/E of 17.7, noticeably lower than the peer average of 29.2, indicating a relative valuation discount. Its 52‑week high of $50.11 is 23.2% above the current price, while the low of $26.81 is 43.5% below, showing a moderate range. Revenue growth of 4–5% annually positions Copart favorably against peers that have slower expansion. However, Copart’s business model is more cyclical, tied to vehicle salvage volumes, whereas AMETEK operates in diversified industrial segments. The valuation gap suggests Copart may be undervalued relative to its peers.
On July 28 2026, CEO Jeffrey Liaw sold 27,745 shares at an average price of $30.49, totaling $845,945. The sale occurred while the stock traded near $29.80, indicating a modest premium over the market price. Following the transaction, Liaw retained 99,641 shares, valued at approximately $3.04 million. Market reactions to such insider sales are mixed; some interpret it as a liquidity move, others as a signal of confidence. Historically, Copart’s share price has shown resilience to insider transactions, suggesting limited immediate impact.
Copart continues to pursue geographic expansion, with active operations in the United States, United Kingdom, and Germany. The company has announced plans to strengthen its presence in European markets, leveraging its online auction platform to capture new customer segments. Expansion efforts focus on localizing services such as title processing and transportation to meet regional regulatory requirements. These initiatives are expected to drive incremental revenue and diversify Copart’s geographic risk profile. Overall, the expansion strategy supports sustained growth.

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