Copart (CPRT) Stock Forecast, Price Target & Predictions


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CPRT Stock Forecast


Copart stock forecast is as follows: an average price target of $35.50 (represents a -31.05% downside from CPRT’s last price of $51.49) 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 -31.05% downside from CPRT's last price of $51.49.

CPRT Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 17, 2024Bret JordanJefferies$63.00$54.5815.43%22.35%
Jan 13, 2023-J.P. Morgan$33.00$15.64111.00%-35.91%
Nov 18, 2022-Stephens$18.50$16.0415.37%-64.07%
Apr 13, 2022Savanthi SythRaymond James$27.50$30.35-9.38%-46.59%
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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 22.35% increase from CPRT last price ($51.49).

Copart Price Target by Period


1M3M12M
# Anlaysts--1
Avg Price Target--$63.00
Last Closing Price$51.49$51.49$51.49
Upside/Downside-100.00%-100.00%22.35%

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 $51.49. 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


DateCompanyPrevious RatingNew RatingRating Change
May 17, 2024JefferiesBuyBuyHold
Nov 18, 2022StephensOverweightOverweightHold
May 19, 2022CFRA-Strong BuyUpgrade
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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 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19Jul 19May 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$1.15B$1.21B$1.11B$1.09B$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$1.30B$1.41B$1.28B$1.25B$1.19B$1.25B$1.14B$1.12B$1.08B$1.11B$1.06B$1.03B$994.79M$1.04B$962.30M$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$1.21B$1.18B$1.13B$1.18B$1.08B$1.06B$1.07B$1.11B$1.00B$956.33M$938.97M$982.01M$908.30M$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
# Analysts222111442236333333333336666999
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 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19Jul 19May 19
# Analysts222111442236333333333336666999
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$545.79M$590.38M$534.88M$521.76M$499.11M$523.56M$478.91M$472.84M$464.51M$433.35M$444.63M$427.22M$416.41M$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$563.86M$609.92M$552.59M$539.03M$515.63M$540.89M$491.73M$485.85M$465.24M$520.02M$459.35M$446.44M$430.20M$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$532.22M$575.70M$521.58M$508.79M$486.70M$510.54M$466.08M$459.83M$463.78M$346.68M$433.58M$413.56M$406.06M$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 %----------1.02%1.03%--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 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19Jul 19May 19
# Analysts222111442236333333333336666999
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$413.38M$462.21M$403.62M$397.11M$372.70M$411.76M$362.94M$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$431.17M$482.10M$420.99M$414.20M$388.74M$429.48M$372.75M$373.46M$357.89M$393.25M$351.03M$337.94M$330.39M$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$400.02M$447.27M$390.57M$384.28M$360.66M$398.45M$353.12M$348.38M$354.96M$262.16M$325.67M$308.12M$306.52M$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 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19Jul 19May 19
# Analysts222111442236333333333336666999
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$85.81M$92.82M$84.09M$82.03M$78.47M$82.31M$75.29M$74.34M$73.03M$58.15M$69.90M$67.17M$65.47M$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$88.65M$95.89M$86.88M$84.75M$81.07M$85.04M$77.31M$76.39M$73.14M$69.78M$72.22M$70.19M$67.63M$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$83.68M$90.51M$82.00M$79.99M$76.52M$80.27M$73.28M$72.29M$72.92M$46.52M$68.17M$65.02M$63.84M$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 %----------1.04%0.96%--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 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19Jul 19May 19
# Analysts222111442236333333333336666999
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$0.42$0.47$0.41$0.41$0.38$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$0.44$0.49$0.43$0.42$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$0.41$0.46$0.40$0.39$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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CTASCintas$205.62$393.0691.16%Buy
GPNGlobal Payments$104.44$157.6650.96%Buy
ANAutoNation$156.25$193.0023.52%Buy
DLBDolby Laboratories$73.65$90.0022.20%Buy
SAHSonic Automotive$57.11$61.006.81%Hold
ARMKAramark$38.21$39.453.25%Buy
GPIGroup 1 Automotive$362.34$367.501.42%Buy
PAGPenske Automotive Group$150.51$152.501.32%Buy
ABGAsbury Automotive Group$227.98$230.200.97%Hold
LADLithia Motors$337.81$339.750.57%Buy
TRIThomson Reuters$164.78$148.10-10.12%Hold
ABMABM Industries$53.09$47.00-11.47%Buy
CPRTCopart$51.49$35.50-31.05%Buy
RELXRELX$47.08$26.00-44.77%Hold

CPRT Forecast FAQ


Yes, according to 3 Wall Street analysts, Copart (CPRT) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of CPRT's total ratings.

Copart (CPRT) average price target is $35.5 with a range of $18.5 to $63, implying a -31.05% from its last price of $51.49. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for CPRT stock, the company can go down by -31.05% (from the last price of $51.49 to the average price target of $35.5), up by 22.35% based on the highest stock price target, and down by -64.07% based on the lowest stock price target.

CPRT's average twelve months analyst stock price target of $35.5 does not support the claim that Copart can reach $80 in the near future.

Copart's analysts financial forecasts for the fiscal year (Jul 2025) are as follows: average revenue is $4.57B (high $4.7B, low $4.45B), average EBITDA is $1.97B (high $2.03B, low $1.92B), average net income is $1.51B (high $1.56B, low $1.46B), average SG&A $310.41M (high $319.8M, low $302.35M), and average EPS is $1.54 (high $1.6, low $1.5). CPRT's analysts financial forecasts for the fiscal year (Jul 2026) are as follows: average revenue is $5.07B (high $5.24B, low $4.94B), average EBITDA is $2.19B (high $2.27B, low $2.14B), average net income is $1.68B (high $1.75B, low $1.62B), average SG&A $344.75M (high $356.16M, low $336.18M), and average EPS is $1.72 (high $1.79, low $1.66).

Based on Copart's last annual report (Jul 2022), the company's revenue was $3.5B, beating the average analysts forecast of $3.29B by 6.35%. Apple's EBITDA was $1.51B, beating the average prediction of $1.41B by 7.42%. The company's net income was $1.09B, beating the average estimation of $1.05B by 4.16%. Apple's SG&A was $211.15M, missing the average forecast of $213.19M by -0.96%. Lastly, the company's EPS was $2.3, beating the average prediction of $1.08 by 113.02%. In terms of the last quarterly report (Jan 2024), Copart's revenue was $1.02B, missing the average analysts' forecast of $1.03B by -0.78%. The company's EBITDA was $452.07M, beating the average prediction of $444.63M by 1.67%. Copart's net income was $325.64M, missing the average estimation of $336.55M by -3.24%. The company's SG&A was $72.66M, beating the average forecast of $69.9M by 3.94%. Lastly, the company's EPS was $0.33, missing the average prediction of $0.345 by -4.25%