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Copart Inc. ($CPRT) Stock Forecast: Down 5.2% Today

Morpher AI identified a bearish signal. The stock price may continue to fall based on the momentum of the negative news.

What is Copart Inc.?

Copart, Inc. ($CPRT) is a global leader in online vehicle auctions, known for its operational developments and strategic initiatives. Despite recent challenges, the company has shown resilience in the market.

Why is Copart Inc. going down?

CPRT stock is down 5.2% on Mar 13, 2026 13:41

  • There was a noticeable decrease in ownership by Franklin Resources Inc., leading to concerns among investors and contributing to a bearish movement.
  • A valuation upgrade on CPRT, highlighting temporary challenges and robust fundamentals, may have offered some support amidst market sentiment.
  • The increase in institutional ownership by Magnetar Financial LLC and Connor Clark & Lunn Investment Management Ltd. could suggest divergent opinions on the stock’s future performance, potentially increasing volatility.
  • Both varied analyst ratings and the CEO's decision to sell some of his shares added to uncertainty around Copart, potentially reinforcing the bearish market trend.

CPRT Price Chart

CPRT Technical Analysis

CPRT News

Franklin Resources Inc. Lowers Position in Copart, Inc. $CPRT

Franklin Resources Inc. significantly decreased its stake in Copart, Inc. by 8.6% in the third quarter, selling 431,996 shares. Despite this, other institutional investors like Mirae Asset Global Investments and California Public Employees Retirement System increased their holdings. Wall Street analysts currently have a "Hold" rating on Copart with a consensus target price of $44.40, following recent downgrades from some firms.

https://www.marketbeat.com/instant-alerts/filing-franklin-resources-inc-lowers-position-in-copart-inc-cprt-2026-03-13/

0 News Article Image Franklin Resources Inc. Lowers Position in Copart, Inc. $CPRT

CPRT - Copart Inc Latest Stock News & Market Updates

This page provides the latest news and market updates for Copart Inc. (CPRT), a global leader in online vehicle auctions. It covers financial results, business collaborations, operational developments, and strategic initiatives, offering valuable insights for investors and industry participants. The article details Copart's growth through quarterly earnings, expansion into new international markets, and leadership appointments.

https://www.stocktitan.net/news/CPRT/page-7.html

1 News Article Image CPRT - Copart Inc Latest Stock News & Market Updates

Copart: A Valuation Derating Has Made It A Buy (Rating Upgrade) (NASDAQ:CPRT)

Copart, Inc. (CPRT) shares have fallen by approximately 46%, but are now considered a buy due to trading at a low 15.4x EV/EBITDA multiple, significantly below historical averages. The current headwinds, including declining insurance volumes and softer claims, are viewed as temporary and do not compromise CPRT's fundamental strength. The company's aggressive share buybacks, strong liquidity, and long-term tailwinds like population growth and increasing total-loss frequency support a bullish outlook as cyclical pressures are expected to ease.

https://seekingalpha.com/article/4881893-copart-a-valuation-derating-has-made-it-a-buy-rating-upgrade

2 Missing News Article Image Copart: A Valuation Derating Has Made It A Buy (Rating Upgrade) (NASDAQ:CPRT)

Magnetar Financial LLC Increases Stock Position in Copart, Inc. $CPRT

Magnetar Financial LLC dramatically increased its stake in Copart, Inc. (NASDAQ:CPRT) by 2,826.4% in the third quarter, now owning 124,255 shares valued at $5.588 million. This surge in institutional ownership comes as Copart's stock has seen a 2.1% decline, trading at $35.55, and after the company missed analyst consensus for its latest quarterly earnings and revenue. Several other institutional investors also adjusted their positions in Copart, while analysts have given mixed ratings, resulting in an average "Hold" recommendation for the stock.

https://www.marketbeat.com/instant-alerts/filing-magnetar-financial-llc-increases-stock-position-in-copart-inc-cprt-2026-03-12/

3 News Article Image Magnetar Financial LLC Increases Stock Position in Copart, Inc. $CPRT

Connor Clark & Lunn Investment Management Ltd. Has $87.35 Million Holdings in Copart, Inc. $CPRT

Connor Clark & Lunn Investment Management Ltd. significantly increased its stake in Copart, Inc. by 71% in Q3, now holding shares worth $87.35 million. This comes amidst mixed analyst sentiment, with a consensus "Hold" rating but individual recommendations ranging from "strong buy" to "strong sell." Meanwhile, Copart's CEO recently sold a portion of his holdings, reducing his position by nearly 31%.

https://www.marketbeat.com/instant-alerts/filing-connor-clark-lunn-investment-management-ltd-has-8735-million-holdings-in-copart-inc-cprt-2026-03-12/

4 News Article Image Connor Clark & Lunn Investment Management Ltd. Has $87.35 Million Holdings in Copart, Inc. $CPRT

Copart Inc. Price History

05.00.2026 - CPRT Stock was up 3.1%

  • CPRT stock exhibited a significant upward trend despite reaching a 52-week low, signaling a possible shift in investors' perceptions.
  • Recent insider selling by Director Thomas Tryforos and CEO Jeffrey Liaw, coupled with reduced stake by JARISLOWSKY FRASER Ltd, initially triggered selling pressure on the stock.
  • The stock entered oversold territory, evident from the RSI dropping below 30, attracting bullish investors seeking a favorable entry point.
  • Although revenue fell below expectations, the company's robust financial position and efficient capital model likely reassured investors of its long-term growth potential, fueling the positive market performance.

21.01.2025 - CPRT Stock was down 5.2%

  • CPRT saw a significant bearish movement today, even after surpassing Q2 earnings and revenue expectations.
  • Investors might have engaged in profit-taking following a positive performance period, contributing to the market's negative reaction.
  • Concerns about future growth prospects, despite current strong financial results, may be impacting investor sentiment.
  • External factors, like broader market conditions or industry-specific developments, could have influenced the bearish movement despite the favorable earnings report.

11.03.2025 - CPRT Stock was up 5.2%

  • CPRT stock displayed a robust bullish trend while the broader market experienced a slight decline.
  • This uptrend may be linked to investors acknowledging the value of Copart's online auction and vehicle remarketing services, particularly during uncertain market conditions.
  • The resilience of CPRT stock amidst a bearish market signifies investor trust in the company's capacity to navigate tough economic environments and achieve solid results.
  • The marginal uptick in CPRT's stock value might also stem from investors seeking secure assets like Copart, Inc. during market downturns, given the company's business model is less impacted by economic fluctuations.

20.01.2026 - CPRT Stock was down 7.6%

  • Copart's stock saw a decline following the company's failure to meet analyst forecasts for revenue and earnings in the second quarter.
  • Despite strong profitability indicators and notable investment from institutional investors such as BNP PARIBAS ASSET MANAGEMENT Holding S.A. and Fiera Capital Corp, Copart struggled with issues related to unit volumes and pricing, leading to the decrease in stock value.
  • The company focused on investments in land capacity and artificial intelligence to boost efficiency; however, challenges with insurance volumes and total loss frequency impacted overall performance.
  • Copart's emphasis on expanding its operations and utilizing AI technologies demonstrates a proactive strategy to tackle market obstacles and enhance future results.

23.04.2025 - CPRT Stock was down 10.9%

  • Q3 earnings for CPRT were in line with projections, but sales fell short, raising doubts about revenue expansion.
  • The market responded pessimistically to the revenue miss despite earnings in line with expectations, potentially disappointing investors and impacting the stock negatively.
  • Investors are likely concerned about CPRT's capacity to boost revenue in upcoming periods, resulting in the market's negative reaction.

23.04.2025 - CPRT Stock was down 8.5%

  • Despite meeting Q3 earnings estimates, the stock's bearish movement suggests that meeting expectations was not sufficient to appease investors.
  • A marginal revenue surprise of 2.50% may not have been significant enough to address any market concerns or uncertainties.
  • Investors may be seeking stronger growth metrics or future guidance to foster a more positive sentiment towards CPRT.
  • The market movement might also be influenced by broader economic conditions or industry-specific trends impacting the company's performance.

06.10.2025 - CPRT Stock was down 5.9%

  • Factors leading to the bearish movement in CPRT stock include:
  • CPRT's stock decreasing by -2.15% amidst an overall market upturn points to internal company issues impacting investor confidence.
  • Concerns surrounding CPRT's financial performance or future prospects likely triggered the sell-off.
  • Unfavorable information or analysis concerning CPRT may have influenced the downward trend in the stock price.
  • Investors could be responding to industry-wide patterns or competitive challenges that affect CPRT's business outlook.

13.02.2026 - CPRT Stock was down 5.2%

  • There was a noticeable decrease in ownership by Franklin Resources Inc., leading to concerns among investors and contributing to a bearish movement.
  • A valuation upgrade on CPRT, highlighting temporary challenges and robust fundamentals, may have offered some support amidst market sentiment.
  • The increase in institutional ownership by Magnetar Financial LLC and Connor Clark & Lunn Investment Management Ltd. could suggest divergent opinions on the stock’s future performance, potentially increasing volatility.
  • Both varied analyst ratings and the CEO's decision to sell some of his shares added to uncertainty around Copart, potentially reinforcing the bearish market trend.

12.01.2026 - CPRT Stock was down 5.7%

  • The bearish movement in CPRT's stock today could be attributed to investors potentially being cautious ahead of the company's Q2 2026 earnings release.
  • Despite securing a new $1.25 billion unsecured revolving credit facility for growth initiatives, the stock is trading below analyst targets and estimated fair value, which might have contributed to the downward pressure.
  • The larger drop in CPRT's stock compared to the general market could indicate profit-taking by investors who may have been anticipating the upcoming earnings report.
  • The anticipation surrounding the earnings report, with steady projected EPS and expected revenue growth, could be creating volatility in the stock price as investors weigh the company's performance against market expectations.

12.01.2026 - CPRT Stock was down 6.0%

  • Copart's stock plummeted to a 52-week low of $37.40, witnessing a substantial 37.31% decline over the past year subsequent to a mixed first-quarter earnings update.
  • Despite procuring a novel $1.25 billion credit agreement aimed at fueling growth strategies like acquisitions and global outreach, the stock encountered a steeper decline compared to prevailing market trends, lagging behind major indices.
  • Expectations surrounding the upcoming earnings statement, featuring stable projected EPS and projected revenue escalation, might have influenced investor outlook and the negative trajectory of the stock.
  • The company's capacity to navigate its financial hurdles and meet revenue forecasts in the imminent report holds the promise of potentially reversing the existing bearish pattern.

10.11.2025 - CPRT Stock was up 1.4%

  • The rise in Copart's stock today is linked to the following factors:
  • Insider activity: Notable stock option exercise by Board Member Stephen Fisher may have boosted market confidence.
  • Institutional investments: Increased stake by California Public Employees Retirement System (CalPERS) and shares acquired by Arrowstreet Capital Limited Partnership likely impacted investor sentiment.
  • Analyst ratings: Despite revenue misses and proximity to its 52-week low, analysts' consensus "Hold" rating and average price target of $47.60 portray a neutral stock outlook.
  • Market conditions: Positive market sentiment overall may have additionally contributed to the stock's upward trajectory.

02.00.2026 - CPRT Stock was down 2.6%

  • CPRT stock experienced a 30.49% decline over the past year, touching a 52-week low, despite the company's financial strength and stable business model.
  • The market's reaction to mixed Q1 2026 earnings, in which EPS exceeded expectations but revenue fell short, has resulted in a bearish trend that may be an overreaction.
  • Past performance indicates that long-term investors have seen positive returns over three and five years, hinting that the recent downturn could be an opportunity for those analyzing the company's fundamentals.
  • CPRT's attraction for institutional and long-term investors, often referred to as "quiet money," underscores a possible disparity between market sentiment and the company's steady growth prospects, positioning it as a compelling investment choice during turbulent market conditions.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.