COPART INC
No SEC Form 4 filings for $CPRT in the last 30 days.
Copart reported fiscal Q3 2026 revenue up 2.1% to $1.24B and net income of $402.4M, with diluted EPS up 2.4% to $0.43, according to its earnings call. Insurance unit volumes fell 2.7% globally (4.2% in the U.S.). Management cited higher average selling prices (+4.6%) and gross margin rising 71 bps to 46.3%.
Copart (CPRT) reported a strong Q3 FY2026, beating revenue and EPS estimates with $1.24B and $0.43 respectively. Despite a decline in global insurance unit volumes, rising average selling prices and significant international segment growth contributed to record gross margins of 50.5%. TIKR's valuation model suggests a target price of ~$55, indicating a potential 61% upside, contingent on steady margin expansion and a recovery in volume.
Copart, Inc.'s average 12-month price target has been lowered from $42.38 to $41.62 by 8 analysts, suggesting a potential upside of approximately 21% from its May 21 closing price. Despite the reduction, the consensus rating from 15 analysts remains "Buy," with a breakdown of 9 Buys, 5 Holds, and 1 Sell. Investors can find detailed price target data and analyst recommendations on TradingView's Forecasts tab and News Flow.
