Copart Inc. ($CPRT) Stock Forecast: Down 10.9% Today

What is Copart Inc.?

Copart (CPRT) is a provider of online auction and vehicle remarketing services and saw significant downward movement in the market today.

Why is Copart Inc. going down?

CPRT stock is down 10.9% on May 23, 2025 16:36

• 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.

CPRT Price Chart

CPRT Technical Analysis

CPRT News

Copart's Q3 Earnings In Line With Estimates But Sales Miss

CPRT posts third-quarter EPS of 42 cents per share, which matches estimates. Revenues rise 7.5% but miss mark at $1.21 billion.

https://www.zacks.com/stock/news/2476517/coparts-q3-earnings-in-line-with-estimates-but-sales-miss

Copart, Inc. ( CPRT ) Matches Q3 Earnings Estimates

Copart (CPRT) delivered earnings and revenue surprises of 0% and 2.50%, respectively, for the quarter ended April 2025. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2476390/copart-inc-cprt-matches-q3-earnings-estimates

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Copart Inc. Price History

22.10.2024 - CPRT Stock was up 9.3%

• CPRT had a strong bullish movement today after matching Q1 earnings estimates.
• The market reacted positively to the company delivering earnings and revenue in line with expectations, indicating stability and potential growth.
• Investors may be optimistic about CPRT's future performance based on the recent results, leading to increased buying activity and driving the stock price higher.
• The market movement suggests that investors have confidence in CPRT's ability to navigate current challenges and capitalize on future opportunities in the vehicle remarketing industry.

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.

05.08.2024 - CPRT Stock was down 9.0%

• CPRT shares saw a significant decline following the company's Q4 results, which fell short of expectations.
• Earnings of 33 cents per share in the quarter failed to meet analyst predictions, prompting a negative investor reaction.
• The company's Q4 earnings were -10.81% below estimates, while revenue surprises were 0.39%, contributing to the downward trend in CPRT stock.
• Concerns about Copart's future performance arising from disappointing financial results have driven the bearish market sentiment.

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.

18.08.2023 - CPRT Stock was up 2.3%

• Short percent of float for CPRT has risen significantly, indicating increased interest from traders.
• CPRT's Q4 earnings and revenues surpassed estimates, reflecting positive financial performance.
• Positive market sentiment towards CPRT is further supported by the company's higher earnings and revenues in Q4.
• The overall market movement for CPRT could also be influenced by the positive results of other companies like Adobe Inc., which reported better-than-expected earnings.

02.10.2023 - CPRT Stock was up 5.2%

• Copart has outperformed the market over the past 15 years, indicating a strong track record.
• StockNews.com upgraded Copart from a hold rating to a buy rating, suggesting positive sentiment towards the stock.
• The dip in Copart's stock price today could be attributed to broader market trends rather than company-specific news.
• Overall, Copart's strong performance and positive analyst sentiment contribute to the bullish movement observed today.

15.08.2023 - CPRT Stock was down 0.7%

• Despite delivering better-than-expected earnings and revenue for the quarter, CPRT experienced a strong bearish movement.
• The in-line sales forecast for the fourth quarter by Adobe Inc., which also reported earnings, might have impacted investor sentiment and indirectly affected CPRT.
• The overall decline in investor sentiment following inflation data could have contributed to the bearish movement of CPRT.
• It's possible that despite the positive financial results, investors were looking for even stronger performance from CPRT, leading to the bearish market movement.

13.09.2023 - CPRT Stock was down 5.7%

• The exercise of stock options by Board Member Stephen Fisher worth $7.43 million may have contributed to the bearish movement. This could indicate a lack of confidence in the company's future prospects.
• The selling of 160,000 shares by Director Stephen Fisher further adds to the negative sentiment surrounding CPRT.
• The article comparing Copart to its industry peers suggests that investors may be reevaluating their positions in the company, leading to the bearish market movement.
• Despite exceeding market returns in the prior trading session, CPRT's stock price closed lower today, indicating a shift in investor sentiment.

04.03.2024 - CPRT Stock was down 2.6%

• Today's significant insider sell by the Executive Chairman, JAYSON ADAIR, who cashed out over $34 million in company stock, could be a factor in the strong bearish movement in CPRT's stock. This sell-off may have raised concerns among investors about the company's future prospects.
• The increase in short interest in Copart's stock, with 13.18 million shares sold short, might have added selling pressure on the stock, contributing to the bearish movement observed.
• The news of the Executive Chairman's substantial sell-off and the rise in short interest may have overshadowed any positive sentiment from the company's operations, leading to a downward trend in CPRT's stock price.

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.

03.01.2025 - CPRT Stock was up 1.4%

• Despite a slight decrease in stock price, the overall bullish movement of CPRT indicates strong positive momentum.
• The -0.12% change might have been a minor fluctuation within a larger upward trend for CPRT.
• Investors may have reacted positively to recent company developments, financial performance, or industry trends, driving the bullish movement.
• The market's confidence in CPRT's future prospects could have also contributed to the stock's strong performance today.