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Home โบ Stocks โบ Copart Inc. (CPRT) Stock Forecast & Price Prediction United States | NASDAQ | Industrials | Specialty Business Services
$48.83
-0.49 (-0.99%)Did CPRT Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Copart is one of their latest high-conviction picks.
Based on our analysis of 8 Wall Street analysts, CPRT has a bullish consensus with a median price target of $60.75 (ranging from $55.00 to $66.00). Currently trading at $48.83, the median forecast implies a 24.4% upside. This outlook is supported by 6 Buy, 5 Hold, and 0 Sell ratings.
Conversely, the most conservative target is provided by Jash Patwa at JP Morgan, suggesting a 12.6% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for CPRT.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
May 23, 2025 | JP Morgan | Jash Patwa | Neutral | Maintains | $55.00 |
Feb 21, 2025 | Baird | Outperform | Maintains | $0.00 | |
Nov 19, 2024 | JP Morgan | Jash Patwa | Neutral | Maintains | $60.00 |
Sep 5, 2024 | Baird | Craig Kennison | Outperform | Maintains | $56.00 |
Apr 8, 2024 | JP Morgan | Jash Patwa | Neutral | Maintains | $52.00 |
Feb 27, 2024 | JP Morgan | Jash Patwa | Neutral | Reinstates | $48.00 |
Dec 4, 2023 | HSBC | Wesley Brooks | Hold | Initiates | $51.00 |
Sep 15, 2023 | Baird | Craig Kennison | Outperform | Maintains | $48.00 |
Sep 8, 2023 | Argus Research | Buy | Initiates | $53.00 | |
May 18, 2023 | Stephens & Co. | Daniel Imbro | Overweight | Reiterates | $80.00 |
May 18, 2023 | Baird | Craig Kennison | Outperform | Maintains | $90.00 |
May 1, 2023 | Northcoast Research | John Healy | Neutral | Downgrade | $0.00 |
Feb 22, 2023 | Guggenheim | Jonathan Elias | Buy | Maintains | $82.00 |
Feb 22, 2023 | Baird | Craig Kennison | Outperform | Maintains | $78.00 |
Feb 21, 2023 | Stephens & Co. | Daniel Imbro | Overweight | Reiterates | $78.00 |
Nov 18, 2022 | Stephens & Co. | Daniel Imbro | Overweight | Maintains | $74.00 |
May 20, 2022 | Stephens & Co. | Daniel Imbro | Overweight | Maintains | $145.00 |
May 21, 2021 | Truist Securities | Stephanie Benjamin | Buy | Maintains | $145.00 |
Feb 12, 2021 | Stephens & Co. | Daniel Imbro | Overweight | Upgrade | $140.00 |
Feb 5, 2021 | Northcoast Research | Buy | Upgrade | $0.00 |
The following stocks are similar to Copart based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Copart Inc. has a market capitalization of $47.69B with a P/E ratio of 32.7x. The company generates $4.59B in trailing twelve-month revenue with a 32.2% profit margin.
Revenue growth is +7.5% quarter-over-quarter, while maintaining an operating margin of +37.3% and return on equity of +18.4%.
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Facilitates online vehicle auctions globally.
The company operates a digital platform that connects buyers and sellers of various vehicles through online auctions. Revenue is generated primarily through auction fees charged to sellers and buyers, as well as through the sale of vehicles sourced from insurance companies, dealerships, and fleet operators.
Copart boasts an extensive inventory and offers real-time auction capabilities, complemented by a mobile application for user convenience. Its significant role in the automotive and insurance sectors aids in optimizing the turnover of vehicles that are damaged or surplus, positioning it as a pivotal player in the vehicle remarketing and recycling industries.
Industrials
Specialty Business Services
13,086
Mr. Jeffrey Liaw
United States
1994
According to the average brokerage recommendation (ABR), one should invest in Copart (CPRT). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
The industrials sector has identified oversold stocks, indicating potential investment opportunities in undervalued companies.
Oversold stocks in the industrials sector indicate potential value buys, suggesting future price recoveries and possible gains for investors who capitalize on these opportunities.
Copart remains fundamentally strong with high profitability and no debt. Recent 17% stock drop is seen as overblown, driven by accounting changes rather than core business issues, supporting long-term growth.
Copart's strong fundamentals and growth potential outweigh the recent stock drop, indicating a buying opportunity amid temporary market overreactions and accounting adjustments.
Wall Street analysts' recommendations influence investor decisions and stock prices, but their actual impact on stock performance may vary.
Wall Street analysts' ratings influence stock prices and investor sentiment, impacting trading strategies and market trends significantly.
The S&P 500 index is approaching all-time highs, indicating potential bullish momentum in the market.
The S&P 500 nearing all-time highs signals potential market strength, influencing investor sentiment, capital flows, and future investment strategies.
The Nasdaq-100 index includes volatile stocks, with some top performers appearing overvalued, while others may have potential for further growth.
The Nasdaq-100's volatility and mixed valuation signals suggest potential risks and opportunities, influencing investment strategies and portfolio adjustments.
Copart leads the US salvage auction market, benefiting from increased total-loss vehicles due to accidents and EV repairs. Demand rises from natural disasters, though inflation and uninsured drivers present risks.
Copart's market dominance and rising demand from accidents and EV repairs signal growth potential. However, inflation and uninsured drivers present risks that could impact profitability.
Based on our analysis of 8 Wall Street analysts, Copart Inc. (CPRT) has a median price target of $60.75. The highest price target is $66.00 and the lowest is $55.00.
According to current analyst ratings, CPRT has 6 Buy ratings, 5 Hold ratings, and 0 Sell ratings. The stock is currently trading at $48.83. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict CPRT stock could reach $60.75 in the next 12 months. This represents a 24.4% increase from the current price of $48.83. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company operates a digital platform that connects buyers and sellers of various vehicles through online auctions. Revenue is generated primarily through auction fees charged to sellers and buyers, as well as through the sale of vehicles sourced from insurance companies, dealerships, and fleet operators.
The highest price target for CPRT is $66.00 from at , which represents a 35.2% increase from the current price of $48.83.
The lowest price target for CPRT is $55.00 from Jash Patwa at JP Morgan, which represents a 12.6% increase from the current price of $48.83.
The overall analyst consensus for CPRT is bullish. Out of 8 Wall Street analysts, 6 rate it as Buy, 5 as Hold, and 0 as Sell, with a median price target of $60.75.
Stock price projections, including those for Copart Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.