Based on ratings from 11 stock analysts, the Copart Inc stock price is expected to decrease by 1.76% in 12 months. This is calculated by using the average 12-month stock price forecast for Copart Inc. The lowest target is $51 and the highest is $66. Please note analyst price targets are not guaranteed and could be missed completely.
About 11 Wall Street analysts have assigned CPRT 6 buy ratings, 5 hold ratings, and 0 sell ratings. This means that analysts expect Copart Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CPRT. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CPRT.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Jash Patwa JP Morgan | Neutral | $60 | Maintains | Nov 19, 2024 |
Craig Kennison Baird | Outperform | $56 | Maintains | Sep 5, 2024 |
Jash Patwa JP Morgan | Neutral | $52 | Maintains | Apr 8, 2024 |
Jash Patwa JP Morgan | Neutral | $48 | Reinstates | Feb 27, 2024 |
Wesley Brooks HSBC | Hold | $51 | Initiates | Dec 4, 2023 |
Craig Kennison Baird | Outperform | $48 | Maintains | Sep 15, 2023 |
Argus Research | Buy | $53 | Initiates | Sep 8, 2023 |
Daniel Imbro Stephens & Co. | Overweight | $80 | Reiterates | May 18, 2023 |
Craig Kennison Baird | Outperform | $90 | Maintains | May 18, 2023 |
John Healy Northcoast Research | Neutral | Downgrade | May 1, 2023 | |
Jonathan Elias Guggenheim | Buy | $82 | Maintains | Feb 22, 2023 |
Craig Kennison Baird | Outperform | $78 | Maintains | Feb 22, 2023 |
Daniel Imbro Stephens & Co. | Overweight | $78 | Reiterates | Feb 21, 2023 |
Daniel Imbro Stephens & Co. | Overweight | $74 | Maintains | Nov 18, 2022 |
Daniel Imbro Stephens & Co. | Overweight | $145 | Maintains | May 20, 2022 |
Stephanie Benjamin Truist Securities | Buy | $145 | Maintains | May 21, 2021 |
Daniel Imbro Stephens & Co. | Overweight | $140 | Upgrade | Feb 12, 2021 |
Northcoast Research | Buy | Upgrade | Feb 5, 2021 | |
Truist Securities | Buy | $117 | Maintains | Sep 4, 2020 |
Jefferies | Buy | $100 | Maintains | May 22, 2020 |
When did it IPO
1994
Staff Count
13,086
Country
United States
Sector/Industry
Industrials/Specialty Business Services
CEO
Mr. Jeffrey Liaw
Market Cap
$59.28B
In 2023, CPRT generated $3.87B in revenue, which was a increase of 10.53% from the previous year. This can be seen as a signal that CPRT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Copart's shares surged 23.2% in November, reflecting its status as a consistent performer in the stock market, with shareholders typically holding onto their investments.
Why It Matters - Copart's 23.2% share price increase highlights strong market confidence and consistent performance, indicating potential for continued growth and shareholder retention.
Summary - Copart, Inc. (CPRT) shares have risen due to strong sales figures, indicating positive performance in the vehicle auction and remarketing sector.
Why It Matters - Rising shares of Copart indicate strong demand and financial health, potentially signaling growth opportunities and positive market sentiment for investors.
Summary - Copart (NASDAQ: CPRT) stock rose 10% on November 22 following positive quarterly results.
Why It Matters - Copart's 10% stock increase signals strong market confidence following positive quarterly results, potentially attracting more investment and enhancing future growth prospects.
Summary - Copart, Inc. (CPRT) has reached a key support level, with its 50-day moving average surpassing the 200-day moving average, indicating a potential bullish trend.
Why It Matters - The golden cross indicates bullish momentum for Copart, suggesting potential price increases, which can attract investors seeking growth opportunities.
Summary - Copart reported $1.15 billion in Q3 revenue, exceeding estimates by $46.9 million, with a 12% year-over-year growth. International revenue rose 30%, and gross profit up 44%.
Why It Matters - Copart's revenue beat and strong international growth signal robust demand and effective expansion strategies, enhancing its competitive edge in the used vehicle market.
Summary - Copart's stock increased by 9% today, driven by positive market sentiment or company-specific news that has not been detailed in the excerpt.
Why It Matters - A 9% spike in Copart stock indicates strong investor confidence, possibly due to positive earnings, strong demand, or strategic developments, which can influence future stock performance.