Copart (NASDAQ:CPRT) Reaches New 12-Month Low on Disappointing Earnings

Copart, Inc. (NASDAQ:CPRT)’s stock price hit a new 52-week low on Friday following a dissappointing earnings announcement. The stock traded as low as $33.81 and last traded at $35.9610, with a volume of 3052951 shares changing hands. The stock had previously closed at $37.65.

The business services provider reported $0.36 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.03). The business had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.15 billion. Copart had a return on equity of 16.95% and a net margin of 33.76%.The firm’s revenue was down 3.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.40 EPS.

More Copart News

Here are the key news stories impacting Copart this week:

• Positive Sentiment: Management signaled continued investment in land capacity and AI to support long-term growth, which could strengthen Copart’s competitive position as insurance volumes normalize. Copart signals continued investment in land capacity and AI as insurance volumes decline 9%
• Neutral Sentiment: Company released full Q2 results and the earnings call transcript (details and management commentary available), useful for investors assessing guidance and strategy. Copart Reports Second Quarter Fiscal 2026 Financial Results
• Neutral Sentiment: Short-interest reports in the feeds show anomalous zero/NaN values for February data; treat these as unreliable until exchanges publish confirmed figures. Market data / short interest
• Negative Sentiment: Q2 EPS of $0.36 missed the consensus ~$0.39 and revenue of ~$1.12B missed estimates (~$1.15B); revenue declined ~3.6% year-over-year — primary drivers of the selloff. Copart Inc (CPRT) Q2 2026 Earnings Call Highlights
• Negative Sentiment: Immediate market reaction: multiple outlets report the stock plunged (near 52-week lows) and note analyst downgrades following the miss. Expect heightened volatility and further analyst scrutiny. Copart Slides After Q2 Miss, Shares Near 52-Week Lows
• Negative Sentiment: Coverage and commentary emphasize unit-volume headwinds in the insurance channel and downward revisions from some analysts, which could pressure earnings estimates near term. Copart Stock (CPRT) Is Crashing on Earnings Miss and Analyst Downgrades

Analyst Ratings Changes

CPRT has been the topic of several recent research reports. Barclays restated an “underweight” rating and issued a $33.00 price objective (up previously from $32.00) on shares of Copart in a research report on Friday, November 21st. Robert W. Baird set a $48.00 target price on shares of Copart and gave the company an “outperform” rating in a research note on Friday. JPMorgan Chase & Co. dropped their price target on shares of Copart from $50.00 to $45.00 and set a “neutral” rating on the stock in a research report on Monday, November 24th. Finally, CJS Securities raised shares of Copart to a “strong-buy” rating in a report on Thursday, December 11th. Two equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $46.80.

Insider Buying and Selling at Copart

In other news, CEO Jeffrey Liaw sold 25,137 shares of Copart stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $40.17, for a total value of $1,009,753.29. Following the sale, the chief executive officer owned 55,970 shares in the company, valued at $2,248,314.90. This trade represents a 30.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Thomas N. Tryforos sold 100,000 shares of the business’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $39.07, for a total transaction of $3,907,000.00. The SEC filing for this sale provides additional information. Company insiders own 9.60% of the company’s stock.

Hedge Funds Weigh In On Copart

A number of hedge funds have recently made changes to their positions in CPRT. Compound Planning Inc. increased its position in shares of Copart by 6.3% during the fourth quarter. Compound Planning Inc. now owns 5,814 shares of the business services provider’s stock worth $228,000 after purchasing an additional 346 shares in the last quarter. Invesco Ltd. boosted its stake in Copart by 6.0% during the 4th quarter. Invesco Ltd. now owns 11,586,115 shares of the business services provider’s stock worth $453,596,000 after purchasing an additional 654,244 shares during the last quarter. Alberta Investment Management Corp purchased a new stake in shares of Copart during the fourth quarter worth $3,296,000. Strive Financial Group LLC acquired a new stake in shares of Copart in the fourth quarter valued at about $1,532,000. Finally, State of Tennessee Department of Treasury raised its position in shares of Copart by 37.0% in the fourth quarter. State of Tennessee Department of Treasury now owns 199,925 shares of the business services provider’s stock valued at $8,113,000 after buying an additional 53,944 shares during the last quarter. Institutional investors and hedge funds own 85.78% of the company’s stock.

Copart Price Performance

The stock has a market capitalization of $35.31 billion, a PE ratio of 22.80 and a beta of 1.08. The company’s 50 day moving average price is $39.44 and its two-hundred day moving average price is $42.59.

Copart Company Profile

Copart (NASDAQ: CPRT) is a global provider of online vehicle auction and remarketing services, focused primarily on the sale of salvage and clean-title vehicles. The company operates a technology-driven auction platform that connects sellers — including insurance companies, vehicle finance firms, rental car companies, dealerships and fleet owners — with a broad buyer base consisting of vehicle dismantlers, recyclers, rebuilders and retail buyers. Copart’s business model centers on efficient vehicle disposition using digital bidding and logistics services to maximize recovery value for its clients.

Core services include hosting live and timed online auctions, vehicle listing and inspection support, title processing, and transportation and storage solutions.