Copart Inc NASDAQ:CPRT Price, Chart, News & Insight

Copart Stock Jumps 7.3% Premarket Despite Lower Q4 Profit

Copart shares jumped 7.3% in premarket trading Friday after the online vehicle auction company reported fiscal fourth-quarter and full-year 2026 results.

For the quarter ended July 31, revenue increased 2.4% year-over-year to $1.2 billion. However, profitability weakened, with gross profit falling 5.5% to $481.4 million and net income declining 17.4% to $327.4 million. Diluted EPS fell 14.6% to $0.35 from $0.41 a year earlier.

For the full fiscal year, revenue edged 0.4% higher to $4.7 billion. Gross profit declined 0.8% to $2.1 billion, while net income fell 4.4% to $1.5 billion. Full-year diluted EPS decreased 2.5% to $1.55.

Despite the year-over-year declines in earnings and margins, the strong premarket reaction suggests investors found the results more favorable than feared heading into the report. The key focus now shifts to Copart’s ability to restore profit growth and improve margins as it enters fiscal 2027.

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European Investor 09-11-26

Copart Stock Rises 2.7% as JPMorgan Upgrades Shares to Overweight

Copart (NASDAQ: CPRT) shares rose 2.7% after JPMorgan Chase upgraded the vehicle-auction company to Overweight from Neutral, while setting a $40 price target.

Based on Copart’s share price of $33.03, JPMorgan’s $40 target implies approximately 21.1% upside.

The analyst action was reinforced by Deutsche Bank, which separately set a $40 price target on Copart. The matching targets from the two firms point to a more constructive valuation view of the stock.

Copart is a major provider of online vehicle auctions and vehicle remarketing services, with a particularly strong position in the salvage-vehicle market. Its scale, digital auction platform and relationships with insurance companies give the business a significant position within the automotive remarketing industry.

The 2.7% rise in CPRT shares appears to reflect the positive analyst activity, particularly JPMorgan’s upgrade from Neutral to Overweight. With both JPMorgan and Deutsche Bank assigning $40 targets, the reports suggest potential upside of about 21% from the current price.

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European Investor 09-03-26

Copart Slips 1.7% as Modest Revenue Growth and Flat Earnings Fail to Impress

Copart edged down 1.7% on Friday after the vehicle remarketing and auction company reported a third fiscal quarter that was solid but uninspiring — steady growth in a business that investors have long valued for its consistency, but with numbers that offered little reason for renewed enthusiasm at current valuation levels.

Revenue for the three months ended April 30, 2026 grew just 2.1% to $1.2 billion, with gross profit up 3.7% to $572.6 million. Net income attributable to Copart was essentially flat at $402.4 million, down marginally by $4.2 million or 1.0% from the prior year period. Fully diluted EPS grew a modest 2.4% to $0.43 from $0.42 a year ago — a result that technically represents growth but at a pace that is difficult to get excited about.

The nine-month picture reinforced the modest tone. Year-to-date revenue was essentially flat at $3.5 billion, down 0.2% from the prior year, while gross profit grew 0.8% and net income grew just 0.1% to $1.2 billion. Nine-month diluted EPS of $1.20 grew from $1.18 — a 1.7% increase over the first three quarters of the fiscal year.

Copart occupies a genuinely unique competitive position in the salvage vehicle market, with network effects and scale advantages that are extremely difficult to replicate. The business is structurally sound, capital-light and consistently cash-generative, which justifies the premium multiple the market has historically awarded it. The challenge is that 2% revenue growth and flat net income are difficult to reconcile with a stock that trades at a significant premium to the broader market.

The 1.7% decline reflects a market that found the results simply too quiet to hold the stock at premium valuation multiples — not a business in trouble, but one delivering below the growth rate that its price tag implies. In a week of dramatic earnings moves in both directions, Copart's measured quarter landed with a corresponding measured reaction.

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Global Finance News 05-23-26

Copart, Inc. announced it has entered into a new senior revolving credit agreement, replacing its existing facility and securing a $1.25 billion revolving credit line that matures on January 23, 2031. The new facility includes multi-currency borrowing options, with up to $550 million available in British pounds, euros and Canadian dollars, as well as an incremental facility of up to $500 million.

The unsecured credit facility is led by Wells Fargo Bank as administrative agent and includes dedicated sub-facilities for Copart’s operations in Germany, Spain and the United Kingdom. Borrowings will carry variable interest rates tied to benchmark rates such as SOFR, SONIA, EURIBOR and CORRA, with margins based on Copart’s net leverage ratio.

Copart said it plans to use the proceeds for general corporate purposes, including working capital, capital expenditures, dividends, potential share repurchases, acquisitions and other domestic and international expansion initiatives.

Source: Copart Form 8-K, January 26, 2026

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Global Finance News 01-27-26

Copart, Inc. announced that it will release earnings for the third quarter of fiscal 2025 after 4:00 p.m. Eastern Time (3:00 p.m. Central) on Thursday, May 22, 2025.

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Global Finance News 12-07-25

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The Investor 11-24-25

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European Investor 11-08-25

Copart, Inc. (NASDAQ: CPRT) announced today that it will release earnings for the second quarter of fiscal 2025 after 4:00 p.m. Eastern Time on Thursday, February 20, 2025.

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Global Finance News 10-21-25

NASDAQ:CPRTFollow

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NASDAQ:CPRT