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Dallas, Texas-based Copart, Inc. (CPRT) provides online auctions and vehicle remarketing services. With a market cap of approximately $47 billion, Copart’s operations span the U.S., Canada, Brazil, and various countries of Europe and Asia. Its services include facilitation of transactions, estimation of salvage value, transportation, financing, and more.
Companies worth $10 billion or more are generally described as "large-cap stocks," and Copart fits right into that category with its market cap exceeding this threshold, reflecting its substantial size and influence in the vehicle auction space. The company, through its offerings of various services, has established a strong foothold in the industry.
Despite its strengths, CPRT stock has tanked 24.6% from its all-time high of $64.38 on Nov. 27, 2024. Meanwhile, over the past three months, CPRT stock has declined nearly 3.1%, significantly underperforming the Nasdaq Composite’s ($NASX) 12.5% surge during the same time frame.
Copart’s performance has remained grim over the longer term as well. CPRT stock has plunged 15.4% on a YTD basis and dipped 1.9% over the past 52 weeks, underperforming Nasdaq’s 12.4% surge in 2025 and 26.7% gains over the past year.
To confirm the bearish trend, CPRT has remained below its 50-day and 200-day moving averages since late May with some fluctuations in recent weeks.
Copart’s stock prices declined 2.8% in the trading session following the release of its mixed Q4 results on Sept. 4. The company’s service revenues have continued to increase at a healthy rate; however, due to macroeconomic softness, Copart’s vehicle sales dropped by 4%. Overall, its topline for the quarter increased 5.2% year-over-year to $1.13 billion, but missed the Street expectations by 1.9%. On a more positive note, Copart’s EPS for the quarter surged 24.2% year-over-year to $0.41, surpassing the consensus estimates by 10.8%.
Meanwhile, Copart has also underperformed its peer, RB Global, Inc.’s (RBA) 27.5% surge on a YTD basis and 37.3% gains over the past 52 weeks.
Among the 10 analysts covering the CPRT stock, the consensus rating is a “Moderate Buy.” Its mean price target of $60.38 suggests a notable 24.3% upside potential from current price levels.
On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
