Copart

CPRT · NASDAQ

$27.83+$0.32 (+1.16%)TodayMarket closed · Oct 20, 7:58 PM ET

Prev close $27.51

CPRT analyst rating

BuyConsensus of 8 analysts over the last 12 months. 63% rate it a buy.

Strong buy0
Buy5
Hold2
Underperform1
Sell0

12-month price target · 14 analysts

Average $41.18 (+48.0% upside)

Low: $25.25
Now: $27.83
High: $57.75

Upgrades and downgrades

The latest rating actions, newest first

CPRT analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
BNP Paribas	Sep 28, 2026	Maintains	Outperform	$40.00 → $43.00	56%
HSBC	Sep 17, 2026	Downgrade	Buy → Hold	$36.00	50%
Freedom Broker	Sep 14, 2026	Maintains	Buy	$39.00 → $36.00	40%
Barrington Research	Sep 11, 2026	Upgrade	Market Perform → Outperform	$40.00	53%
Baird	Sep 11, 2026	Maintains	Outperform	$42.00 → $38.00	45%
JP Morgan	Sep 3, 2026	Upgrade	Neutral → Overweight	$32.00 → $40.00	20%
Barclays	Aug 26, 2026	Maintains	Underweight	$26.00 → $25.00	28%
Stephens & Co.	Aug 20, 2026	Maintains	Equal-Weight	$35.00	54%
Barclays	Jul 22, 2026	Maintains	Underweight	$32.00 → $26.00	28%
Freedom Broker	Jun 26, 2026	Initiates	Buy	$39.00	40%

The case for and against

Updated Feb 9, 2026

Bull case

Copart has demonstrated strong performance with a 5.6% increase in global average selling price (ASP) for F4Q25, reflecting robust demand within its online salvage vehicle auction model. Additionally, the rising trend of international buyers, who now account for 38% of auction units purchased, signifies increased market expansion and the appeal of value-based transportation solutions in the U.S. Moreover, the company continues to leverage its advanced virtual bidding platform, VB3, to connect a diverse buyer base, positioning itself favorably for future growth in the global market.

Bear case

Copart has experienced depressed unit growth, as highlighted during its F3Q25 and F4Q25 earnings calls, indicating challenges in maintaining sales volume. The data also reflects a decline in gross transaction value (GTV) per lot for RBA's automotive division, which dropped by 1% in 2Q25, suggesting potential weakness in pricing power. While the current revenue per user (RPU) trends could provide some level of earnings stability, the overall negative momentum in transaction volume and auction performance raises concerns about the company's future growth prospects.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.