$CPRT

JPMorgan upgraded Copart (CPRT) from Neutral to Overweight, citing favorable prospects for the online vehicle auction operator. This follows reports of Copart's potential acquisition of CCC Intelligent Solutions. Copart's Q3 2026 earnings showed revenue of $1.24 billion and net income of $402.4 million, stable year-over-year. Analysts project $5.5 billion revenue and $1.8 billion earnings by 2029, a 20% upside from current prices.

Copart (CPRT) stock rose 3.8% after JPMorgan upgraded it to Overweight and raised its price target to $40.00 from $32.00. The shares were trading at $33.37, down 11.7% year-to-date. The company is reportedly among suitors for CCC Intelligent Solutions, though no deal is certain. CPRT is 33.2% below its 52-week high of $49.97.

Analysts upgraded Broadcom (AVGO) to Outperform with a $490 target, Deere (DE) to Outperform with an $813 target, and Dell (DELL) to Outperform with a $625 target. Moderna (MRNA) was downgraded to Sell with an $81 target. Seaport Research initiated Buy ratings on Devon Energy (DVN), Permian Resources (PR), and Viper Energy (VNOM).

Copart (NASDAQ:CPRT) is in talks to acquire CCC Intelligent Solutions (NASDAQ:CCC), competing against private equity firms. CCC shares rose 10% to $7.36, while Copart fell 1% to $31.44. Copart reported Q3 2026 revenue of $1.20B, up 2.1% YoY, and net income of $402.4M, down 1.0% YoY. CCC reported Q2 2026 revenue of $285.9M, up 9.8% YoY, and net income of $20.8M, up 60% YoY. Barclays lowered Copart's price target to $25, citing potential volume declines.

Copart Inc. (CPRT) may see a 4.4% stock move on its Sept. 4 earnings release, according to options data from Bloomberg. The company's stock has exceeded the implied move in five of its last eight earnings announcements, with past actual moves varying significantly from predictions.

Barclays lowered its price target for Copart from $26 to $25. The stock has seen a 5-day change of -1.60% and a 1-year change of -15.04%. Copart is also reported to be among suitors for software firm CCC.

Copart held an unscheduled conference call to discuss strategic plans, including expanding operations and potential M&A. The company announced a CEO transition on June 29. Copart is an online vehicle auction company.

Copart (CPRT) shares rose 6.1% after Bloomberg reported it is among potential bidders for CCC Intelligent Solutions. The deal, if completed, would expand Copart's insurance claims and repair services. CPRT is down 10.9% YTD, trading 32.7% below its 52-week high.

Copart (CPRT) is in talks to acquire CCC Intelligent Solutions, a car-insurance software provider, according to two sources. Additionally, Copart added David J. Berger to its board, effective August 13, 2026, though details on his role and compensation are not disclosed.

Copart Inc. is in talks to acquire CCC Intelligent Solutions, a car-insurance software provider. Copart, valued at $29B, competes with private equity firms GTCR and Veritas. CCC shares rose 6.7% to $7.14, while Copart's fell 0.6% to $31.51. CCC's market value is $4.2B, down from $8B in 2023. Activist investor Elliott Management holds a large stake in CCC.