Dallas, Texas-based Copart, Inc. (CPRT) provides online auctions and vehicle remarketing services in the United States and internationally. The company has a market cap ofย $32 billion and offers a range of services to process and sell vehicles online through its third-generation, auction-style sales technology.
CPRT shares have underperformed the broader market over the past year and in 2026. CPRT stock hasย declined 45.6% over the past 52 weeks and 15% on a YTD basis. In comparison, the S&P 500 Index ($SPX) hasย returned 26.6% over the past year and risen 5.2% in 2026.
More News from Barchart
Narrowing the focus, CPRT has also underperformed the State Street Industrials Select Sector SPDR ETFโs (XLI)ย 27.1% rise over the past 52 weeks and its 10.2% increase this year.
On Feb. 20, CPRT stockย declined 3.1% following the release of itsย Q2 2026 earnings, which were worse than expected. The companyโs revenue declined 3.6% from the prior yearโs quarter to $1.1 billion andย failed to surpass the Streetโs estimates. Moreover, its adjusted EPS amounted to $0.36, also coming under Wall Streetโs forecasts. Investor confidence seemed to fall in the aftermath of the companyโs unexpected results.
For the current year, which ends in July, analysts expect CPRTโs EPS to fallย marginally to $1.58 on a diluted basis. The companyโs earnings surprise history is mixed. It met or surpassed the consensus estimate in three of the last four quarters, while missing on one occasion.
CPRT has aย consensus โModerate Buyโ rating overall. Of the 12 analysts covering the stock, opinions include five โStrong Buys,โ six โHolds,โ and one โStrong Sell.โ
This configuration has remained mostly stable in recent months.
On Feb. 23, JP Morgan analyst Jash Patwaย maintained a ‘Neutral’ rating for Copart and lowered its price target from $45 to $34.
CPRTโs mean price target of $47.22 indicates a modest premium of 41.8% from the current market prices. While the Street-high target of $65 suggests a notable 95.3% upside potential.
On the date of publication, Aritra Gangopadhyay did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originallyย published on Barchart.com