Copart (CPRT) Stock Forecast, Price Target & Predictions
CPRT Stock Forecast
Copart stock forecast is as follows: an average price target of $35.50 (represents a -35.94% downside from CPRT’s last price of $55.42) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
CPRT Price Target
The average price target for Copart (CPRT) is $35.50 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $63.00 to $18.50. This represents a potential -35.94% downside from CPRT's last price of $55.42.
CPRT Analyst Ratings
According to 3 Wall Street analysts, Copart's rating consensus is 'Buy'. The analyst rating breakdown for CPRT stock is 1 'Strong Buy' (33.33%), 2 'Buy' (66.67%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Copart Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 17, 2024 | Bret Jordan | Jefferies | $63.00 | $54.58 | 15.43% | 13.68% |
| Jan 13, 2023 | - | J.P. Morgan | $33.00 | $15.64 | 111.00% | -40.45% |
| Nov 18, 2022 | - | Stephens | $18.50 | $16.04 | 15.37% | -66.62% |
| Apr 13, 2022 | Savanthi Syth | Raymond James | $27.50 | $30.35 | -9.38% | -50.38% |
The latest Copart stock forecast, released on May 17, 2024 by Bret Jordan from Jefferies, set a price target of $63.00, which represents a 15.43% increase from the stock price at the time of the forecast ($54.58), and a 13.68% increase from CPRT last price ($55.42).
Copart Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $63.00 |
| Last Closing Price | $55.42 | $55.42 | $55.42 |
| Upside/Downside | -100.00% | -100.00% | 13.68% |
In the current month, the average price target of Copart stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Copart's last price of $55.42. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 17, 2024 | Jefferies | Buy | Buy | Hold |
| Nov 18, 2022 | Stephens | Overweight | Overweight | Hold |
| May 19, 2022 | CFRA | - | Strong Buy | Upgrade |
Copart's last stock rating was published by Jefferies on May 17, 2024. The company gave CPRT a "Buy" rating, the same as its previous rate.
Copart Financial Forecast
Copart Revenue Forecast
| Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | $1.02B | $1.02B | - | - | $956.72M | $893.37M | $883.39M | - | $867.46M | $810.13M | $748.63M | - | $617.03M | $592.94M | $525.66M | - | $575.14M | $554.42M | $542.58M | - |
| Avg Forecast | $1.26B | $1.37B | $1.24B | $1.21B | $1.17B | $1.22B | $1.12B | $1.10B | $1.07B | $1.11B | $1.03B | $987.90M | $962.91M | $1.01B | $931.45M | $891.50M | $874.13M | $862.95M | $807.00M | $747.74M | $686.93M | $629.52M | $629.31M | $575.40M | $453.07M | $547.05M | $576.07M | $544.60M | $517.86M | $535.62M |
| High Forecast | $1.31B | $1.41B | $1.28B | $1.25B | $1.21B | $1.26B | $1.15B | $1.13B | $1.08B | $1.11B | $1.07B | $1.03B | $997.62M | $1.04B | $965.03M | $919.10M | $901.19M | $889.67M | $831.98M | $770.89M | $708.20M | $649.01M | $648.79M | $593.21M | $467.09M | $563.99M | $593.90M | $561.46M | $533.89M | $552.20M |
| Low Forecast | $1.23B | $1.33B | $1.20B | $1.17B | $1.13B | $1.18B | $1.09B | $1.07B | $1.07B | $1.11B | $999.02M | $956.33M | $935.61M | $978.50M | $905.05M | $868.30M | $851.38M | $840.50M | $786.00M | $728.28M | $669.06M | $613.14M | $612.93M | $560.43M | $441.28M | $532.82M | $561.08M | $530.43M | $504.39M | $521.68M |
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 6 | 6 | 6 | 6 | 9 | 9 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.03% | - | - | 1.03% | 1.00% | 1.01% | - | 1.07% | 1.08% | 1.09% | - | 0.98% | 1.03% | 1.16% | - | 1.00% | 1.02% | 1.05% | - |
Copart's average Quarter revenue forecast for May 24 based on 2 analysts is $1.11B, with a low forecast of $1.11B, and a high forecast of $1.11B. CPRT's average Quarter revenue forecast represents a 8.39% increase compared to the company's last Quarter revenue of $1.02B (Jan 24).
Copart EBITDA Forecast
| Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 6 | 6 | 6 | 6 | 9 | 9 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | $452.07M | $438.73M | - | - | $404.29M | $350.83M | $359.15M | - | $380.07M | $362.98M | $334.01M | - | $288.97M | $281.07M | $234.29M | - | $234.38M | $230.40M | $213.30M | - |
| Avg Forecast | $501.88M | $542.87M | $491.84M | $479.78M | $463.65M | $484.08M | $443.55M | $437.38M | $427.14M | $433.35M | $408.85M | $392.84M | $382.91M | $393.95M | $375.56M | $385.53M | $378.02M | $358.14M | $348.99M | $323.36M | $297.06M | $285.31M | $272.14M | $248.83M | $195.93M | $237.93M | $249.12M | $235.51M | $223.95M | $186.97M |
| High Forecast | $519.97M | $562.44M | $509.57M | $497.07M | $480.37M | $501.53M | $455.44M | $449.42M | $427.80M | $520.02M | $423.59M | $410.52M | $396.71M | $472.74M | $450.67M | $397.46M | $389.72M | $429.77M | $359.79M | $333.37M | $306.26M | $342.38M | $280.57M | $256.54M | $201.99M | $285.52M | $256.83M | $242.80M | $230.88M | $224.36M |
| Low Forecast | $487.65M | $527.48M | $477.90M | $466.18M | $450.51M | $470.36M | $431.67M | $425.34M | $426.47M | $346.68M | $397.26M | $380.29M | $372.05M | $315.16M | $300.45M | $375.50M | $368.18M | $286.51M | $339.91M | $314.95M | $289.34M | $228.25M | $265.06M | $242.36M | $190.83M | $190.35M | $242.64M | $229.38M | $218.12M | $149.57M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.11% | 1.12% | - | - | 1.08% | 0.91% | 0.95% | - | 1.09% | 1.12% | 1.12% | - | 1.06% | 1.13% | 1.20% | - | 0.94% | 0.98% | 0.95% | - |
2 analysts predict CPRT's average Quarter EBITDA for May 24 to be $433.35M, with a high of $520.02M and a low of $346.68M. This is -4.14% lower than Copart's previous annual EBITDA (Jan 24) of $452.07M.
Copart Net Income Forecast
| Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 6 | 6 | 6 | 6 | 9 | 9 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | $325.63M | $332.53M | - | - | $293.68M | $245.85M | $263.74M | - | $287.41M | $260.36M | $255.97M | - | $193.44M | $200.28M | $165.53M | - | $168.71M | $218.18M | $153.50M | - |
| Avg Forecast | $429.66M | $468.72M | $410.13M | $403.62M | $377.58M | $413.38M | $364.56M | $358.05M | $356.42M | $327.70M | $336.55M | $318.06M | $316.76M | $297.91M | $269.39M | $274.91M | $268.23M | $270.83M | $262.30M | $245.21M | $223.24M | $190.99M | $194.81M | $171.97M | $93.85M | $171.26M | $161.35M | $144.03M | $141.37M | $128.80M |
| High Forecast | $449.80M | $490.68M | $429.35M | $422.53M | $395.28M | $432.76M | $374.41M | $374.83M | $357.89M | $393.25M | $352.32M | $337.94M | $331.60M | $357.50M | $323.26M | $285.98M | $279.03M | $325.00M | $272.85M | $255.08M | $232.22M | $229.19M | $202.65M | $178.89M | $97.63M | $205.52M | $167.84M | $149.83M | $147.06M | $154.56M |
| Low Forecast | $413.82M | $451.45M | $395.01M | $388.74M | $363.67M | $398.15M | $354.70M | $348.38M | $354.96M | $262.16M | $324.15M | $308.12M | $305.09M | $238.33M | $215.51M | $265.62M | $259.16M | $216.66M | $253.42M | $236.92M | $215.69M | $152.79M | $188.22M | $166.15M | $90.68M | $137.01M | $155.89M | $139.16M | $136.58M | $103.04M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.97% | 1.05% | - | - | 1.09% | 0.89% | 0.98% | - | 1.10% | 1.06% | 1.15% | - | 0.99% | 1.16% | 1.76% | - | 1.05% | 1.51% | 1.09% | - |
Copart's average Quarter net income forecast for May 24 is $327.70M, with a range of $262.16M to $393.25M. CPRT's average Quarter net income forecast represents a 0.64% increase compared to the company's last Quarter net income of $325.63M (Jan 24).
Copart SG&A Forecast
| Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 6 | 6 | 6 | 6 | 9 | 9 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | $72.66M | $64.58M | - | - | $56.63M | $53.28M | $51.98M | - | $51.00M | $54.91M | $55.98M | - | $49.28M | $48.17M | $44.72M | - | $50.00M | $49.48M | $49.82M | - |
| Avg Forecast | $86.95M | $94.05M | $85.21M | $83.12M | $80.32M | $83.86M | $76.84M | $75.77M | $74.00M | $58.15M | $70.83M | $68.06M | $66.34M | $52.86M | $56.81M | $60.61M | $59.43M | $48.06M | $54.87M | $50.84M | $46.70M | $48.65M | $42.79M | $39.12M | $30.80M | $50.75M | $39.17M | $37.03M | $35.21M | $42.63M |
| High Forecast | $90.08M | $97.44M | $88.28M | $86.11M | $83.22M | $86.89M | $78.90M | $77.86M | $74.11M | $69.78M | $73.38M | $71.12M | $68.73M | $63.44M | $68.17M | $62.49M | $61.27M | $57.67M | $56.57M | $52.41M | $48.15M | $58.38M | $44.11M | $40.33M | $31.76M | $60.91M | $40.38M | $38.17M | $36.30M | $51.16M |
| Low Forecast | $84.48M | $91.38M | $82.79M | $80.76M | $78.05M | $81.49M | $74.78M | $73.69M | $73.88M | $46.52M | $68.82M | $65.88M | $64.46M | $42.29M | $45.45M | $59.04M | $57.88M | $38.45M | $53.44M | $49.52M | $45.49M | $38.92M | $41.67M | $38.10M | $30.00M | $40.60M | $38.15M | $36.06M | $34.29M | $34.11M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.03% | 0.95% | - | - | 1.00% | 0.88% | 0.87% | - | 0.93% | 1.08% | 1.20% | - | 1.15% | 1.23% | 1.45% | - | 1.28% | 1.34% | 1.41% | - |
Copart's average Quarter SG&A projection for May 24 is $58.15M, based on 2 Wall Street analysts, with a range of $46.52M to $69.78M. The forecast indicates a -19.97% fall compared to CPRT last annual SG&A of $72.66M (Jan 24).
Copart EPS Forecast
| Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 6 | 6 | 6 | 6 | 9 | 9 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | $0.33 | $0.35 | - | - | $0.62 | $0.52 | $0.56 | - | $0.61 | $0.55 | $0.54 | - | $0.41 | $0.43 | $0.35 | - | $0.37 | $0.47 | $0.34 | - |
| Avg Forecast | $0.44 | $0.48 | $0.42 | $0.41 | $0.39 | $0.42 | $0.37 | $0.37 | $0.36 | $0.39 | $0.34 | $0.33 | $0.32 | $0.32 | $0.29 | $0.28 | $0.27 | $0.29 | $0.27 | $0.25 | $0.23 | $0.20 | $0.20 | $0.18 | $0.10 | $0.16 | $0.17 | $0.15 | $0.14 | $0.16 |
| High Forecast | $0.46 | $0.50 | $0.44 | $0.43 | $0.40 | $0.44 | $0.38 | $0.38 | $0.37 | $0.39 | $0.36 | $0.35 | $0.34 | $0.33 | $0.30 | $0.29 | $0.29 | $0.30 | $0.28 | $0.26 | $0.24 | $0.21 | $0.21 | $0.18 | $0.10 | $0.16 | $0.17 | $0.15 | $0.15 | $0.16 |
| Low Forecast | $0.42 | $0.46 | $0.40 | $0.40 | $0.37 | $0.41 | $0.36 | $0.36 | $0.36 | $0.39 | $0.33 | $0.32 | $0.31 | $0.31 | $0.28 | $0.27 | $0.27 | $0.28 | $0.26 | $0.24 | $0.22 | $0.19 | $0.19 | $0.17 | $0.09 | $0.15 | $0.16 | $0.14 | $0.14 | $0.15 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.96% | 1.07% | - | - | 2.15% | 1.85% | 2.04% | - | 2.27% | 2.19% | 2.36% | - | 2.06% | 2.44% | 3.64% | - | 2.24% | 3.19% | 2.35% | - |
According to 2 Wall Street analysts, Copart's projected average Quarter EPS for May 24 is $0.39, with a low estimate of $0.39 and a high estimate of $0.39. This represents a 17.17% increase compared to CPRT previous annual EPS of $0.33 (Jan 24).
Copart Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CTAS | Cintas | $218.75 | $393.06 | 79.68% | Buy |
| GPN | Global Payments | $114.83 | $157.66 | 37.30% | Buy |
| AN | AutoNation | $164.85 | $193.00 | 17.08% | Buy |
| DLB | Dolby Laboratories | $81.98 | $90.00 | 9.78% | Buy |
| ARMK | Aramark | $38.95 | $39.45 | 1.28% | Buy |
| SAH | Sonic Automotive | $61.68 | $61.00 | -1.10% | Hold |
| PAG | Penske Automotive Group | $157.23 | $152.50 | -3.01% | Buy |
| TRI | Thomson Reuters | $160.74 | $148.10 | -7.86% | Hold |
| ABG | Asbury Automotive Group | $250.48 | $230.20 | -8.10% | Hold |
| LAD | Lithia Motors | $371.15 | $339.75 | -8.46% | Buy |
| GPI | Group 1 Automotive | $401.73 | $367.50 | -8.52% | Buy |
| ABM | ABM Industries | $55.58 | $47.00 | -15.44% | Buy |
| CPRT | Copart | $55.42 | $35.50 | -35.94% | Buy |
| RELX | RELX | $45.11 | $26.00 | -42.36% | Hold |