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Copart Inc. ($CPRT) Stock Forecast: Down 0.6% 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 company offering online vehicle auction and remarketing services. Despite its strong fundamentals and significant stature in the salvage auction sector, the stock has recently faced a notable decline.

Why is Copart Inc. going down?

CPRT stock is down 0.6% on May 7, 2026 14:41

  • The downturn in CPRT's stock can be linked to various factors:
  • Falling short of analysts' forecasts for Q4 earnings per share and revenue, resulting in a dip in investor trust.
  • Principal Financial Group Inc. reducing its stake and CEO Jeffrey Liaw selling shares may have raised concerns among investors.
  • A mix of analyst views, including downgrades and a trimmed price target by JP Morgan, added strain on the stock.
  • Despite CPRT's robust fundamentals and competitive advantages, general market sentiment and a preference for AI stocks promising higher returns likely diverted investor attention from CPRT.

CPRT Price Chart

CPRT Technical Analysis

CPRT News

Copart: A Wide-Moat Compounder Trading At A Rare Discount (NASDAQ:CPRT)

Copart, Inc. (CPRT) has seen its stock decline by nearly 50%, pushing its P/E ratio to a decade-low of approximately 21x, despite strong fundamentals. The company benefits from structural growth drivers like the increasing frequency of total loss vehicles due to EV complexity and advanced driver-assistance systems (ADAS), expanding its addressable market. CPRT's significant moats, including its physical yard ownership and VB3 auction platform, ensure high barriers to entry and robust margins, complemented by international expansion and new venture growth opportunities.

https://seekingalpha.com/article/4900119-copart-a-wide-moat-compounder-trading-at-a-rare-discount

0 Missing News Article Image Copart: A Wide-Moat Compounder Trading At A Rare Discount (NASDAQ:CPRT)

Principal Financial Group Inc. Has $1.53 Billion Stake in Copart, Inc. $CPRT

Principal Financial Group Inc. reduced its stake in Copart, Inc. (NASDAQ:CPRT) by 2.9% in the fourth quarter of the prior year, now holding 38,993,390 shares valued at approximately $1.53 billion, making it their 23rd largest position. Copart reported Q4 earnings per share of $0.36 and revenue of $1.12 billion, missing analyst expectations. Amid mixed analyst sentiment and several downgrades, the stock has a consensus "Hold" rating and a target price of $44.40, while CEO Jeffrey Liaw also reduced his personal stake.

https://www.marketbeat.com/instant-alerts/filing-principal-financial-group-inc-has-153-billion-stake-in-copart-inc-cprt-2026-05-05/

1 News Article Image Principal Financial Group Inc. Has $1.53 Billion Stake in Copart, Inc. $CPRT

Strs Ohio Purchases 45,430 Shares of Copart, Inc. $CPRT

Strs Ohio increased its stake in Copart (CPRT) by 21.8% in the fourth quarter, purchasing an additional 45,430 shares to bring its total holdings to 253,887 shares valued at $9.94 million. This comes amidst mixed analyst sentiment, with a consensus "Hold" rating and an average price target of $44.40, while the company recently missed quarterly EPS estimates and saw an insider share sale by CEO Jeffrey Liaw.

https://www.marketbeat.com/instant-alerts/filing-strs-ohio-purchases-45430-shares-of-copart-inc-cprt-2026-05-05/

2 News Article Image Strs Ohio Purchases 45,430 Shares of Copart, Inc. $CPRT

Do Wall Street Analysts Like Copart Stock?

Copart, Inc. (CPRT), a company providing online vehicle auction and remarketing services, has seen its shares underperform the broader market, declining 45.6% over the past year and 15% YTD in 2026. This underperformance follows worse-than-expected Q2 2026 earnings, where revenue and adjusted EPS missed Street estimates. Despite a "Moderate Buy" consensus rating from analysts, including five "Strong Buys," six "Holds," and one "Strong Sell," JP Morgan recently lowered its price target for CPRT, though the stock's mean price target still suggests a modest upside.

https://www.barchart.com/story/news/1704564/do-wall-street-analysts-like-copart-stock

3 News Article Image Do Wall Street Analysts Like Copart Stock?

Is Copart, Inc. (CPRT) A Good Stock To Buy Now?

Copart, Inc. (CPRT) is highlighted as a dominant player in the global salvage auction industry, largely due to its strategic ownership of approximately 90% of its land, which provides a significant cost advantage over competitors like IAA. This land ownership contributes to CPRT's consistently high operating margins and superior cash flow quality, acting as an inflation hedge. While CPRT exhibits strong fundamentals, the article also notes that Insider Monkey's conviction leans towards AI stocks with potentially higher and quicker returns.

https://www.insidermonkey.com/blog/is-copart-inc-cprt-a-good-stock-to-buy-now-1737941/

4 News Article Image Is Copart, Inc. (CPRT) A Good Stock To Buy Now?

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.

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.

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.

07.04.2026 - CPRT Stock was down 0.6%

  • The downturn in CPRT's stock can be linked to various factors:
  • Falling short of analysts' forecasts for Q4 earnings per share and revenue, resulting in a dip in investor trust.
  • Principal Financial Group Inc. reducing its stake and CEO Jeffrey Liaw selling shares may have raised concerns among investors.
  • A mix of analyst views, including downgrades and a trimmed price target by JP Morgan, added strain on the stock.
  • Despite CPRT's robust fundamentals and competitive advantages, general market sentiment and a preference for AI stocks promising higher returns likely diverted investor attention from CPRT.
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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.