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 -29.33% downside from CPRT’s last price of $50.23) 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 -29.33% downside from CPRT's last price of $50.23.
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% | 25.42% |
| Jan 13, 2023 | - | J.P. Morgan | $33.00 | $15.64 | 111.00% | -34.30% |
| Nov 18, 2022 | - | Stephens | $18.50 | $16.04 | 15.37% | -63.17% |
| Apr 13, 2022 | Savanthi Syth | Raymond James | $27.50 | $30.35 | -9.38% | -45.25% |
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 25.42% increase from CPRT last price ($50.23).
Copart Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $63.00 |
| Last Closing Price | $50.23 | $50.23 | $50.23 |
| Upside/Downside | -100.00% | -100.00% | 25.42% |
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 $50.23. 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 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | $1.02B | $1.02B | - | $1.02B | $956.72M | $893.37M | $883.39M | $939.94M | $867.46M | $810.13M | $748.63M | $733.91M | $617.03M | $592.94M | $525.66M | $550.36M | $575.14M | $554.42M | $542.58M | $553.12M |
| 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 | $1.40B | $1.27B | $1.24B | $1.19B | $1.25B | $1.14B | $1.12B | $1.11B | $1.14B | $1.06B | $1.03B | $990.80M | $1.04B | $958.44M | $917.32M | $881.41M | $876.02M | $818.17M | $758.09M | $696.44M | $638.23M | $638.02M | $583.37M | $459.34M | $554.63M | $584.04M | $552.14M | $525.03M | $543.03M |
| Low Forecast | $1.23B | $1.33B | $1.20B | $1.17B | $1.12B | $1.18B | $1.08B | $1.06B | $1.04B | $1.08B | $999.92M | $956.33M | $936.46M | $979.38M | $905.87M | $867.01M | $868.32M | $848.09M | $793.40M | $735.14M | $675.36M | $618.91M | $618.70M | $565.71M | $445.43M | $537.84M | $566.36M | $535.42M | $509.13M | $526.60M |
| # Analysts | 3 | 2 | 3 | 2 | 2 | 1 | 4 | 4 | 3 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 2 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 7 | 7 | 7 | 9 | 9 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.03% | - | 1.01% | 1.03% | 1.00% | 1.01% | 1.09% | 1.07% | 1.08% | 1.09% | 1.17% | 0.98% | 1.03% | 1.16% | 1.01% | 1.00% | 1.02% | 1.05% | 1.03% |
Copart's average Quarter revenue forecast for Apr 24 based on 3 analysts is $1.11B, with a low forecast of $1.08B, and a high forecast of $1.14B. 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 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 2 | 3 | 2 | 2 | 1 | 4 | 4 | 3 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 2 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 7 | 7 | 7 | 9 | 9 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | $452.07M | $438.73M | - | $456.15M | $404.29M | $350.83M | $359.15M | $410.80M | $380.07M | $362.98M | $334.01M | $361.12M | $288.97M | $281.07M | $234.29M | $226.26M | $234.38M | $230.40M | $213.30M | $230.68M |
| 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 | $402.81M | $356.06M | $374.49M | $369.70M | $341.42M | $281.47M | $230.22M | $285.31M | $249.40M | $125.99M | $247.47M | $237.93M | $206.97M | $205.94M | $215.79M | $186.97M |
| High Forecast | $561.60M | $607.48M | $550.37M | $536.87M | $513.57M | $538.72M | $491.73M | $485.85M | $477.97M | $520.02M | $457.51M | $446.44M | $428.47M | $472.74M | $414.48M | $427.27M | $377.61M | $375.30M | $409.70M | $337.76M | $276.26M | $342.38M | $299.28M | $151.19M | $296.97M | $285.52M | $248.36M | $247.13M | $258.95M | $224.36M |
| Low Forecast | $530.80M | $574.16M | $520.19M | $507.43M | $485.40M | $509.18M | $466.08M | $459.83M | $451.75M | $346.68M | $432.42M | $413.56M | $404.97M | $315.16M | $391.74M | $284.84M | $372.00M | $363.33M | $273.13M | $225.17M | $184.17M | $228.25M | $199.52M | $100.79M | $197.98M | $190.35M | $165.57M | $164.75M | $172.63M | $149.57M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.03% | - | 1.16% | 1.00% | 0.99% | 0.96% | 1.11% | 1.11% | 1.29% | 1.45% | 1.27% | 1.16% | 2.23% | 0.95% | 0.95% | 1.13% | 1.12% | 0.99% | 1.23% |
3 analysts predict CPRT's average Quarter EBITDA for Apr 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 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 2 | 3 | 2 | 2 | 1 | 4 | 4 | 3 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 2 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 7 | 7 | 7 | 9 | 9 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | $325.63M | $332.53M | - | $350.43M | $293.68M | $245.85M | $263.74M | $278.62M | $287.41M | $260.36M | $255.97M | $286.80M | $193.44M | $200.28M | $165.53M | $147.49M | $168.71M | $218.18M | $153.50M | $192.74M |
| Avg Forecast | $413.38M | $462.21M | $403.62M | $397.11M | $374.32M | $411.76M | $362.94M | $358.05M | $356.42M | $327.70M | $336.55M | $318.06M | $316.76M | $297.91M | $281.36M | $272.87M | $268.22M | $278.06M | $244.90M | $215.71M | $182.83M | $190.99M | $177.72M | $89.02M | $161.31M | $171.26M | $195.99M | $148.20M | $180.31M | $128.80M |
| High Forecast | $428.95M | $479.62M | $418.82M | $412.07M | $388.42M | $427.27M | $372.75M | $371.54M | $369.85M | $393.25M | $349.23M | $337.94M | $328.69M | $357.50M | $291.95M | $327.45M | $271.13M | $283.54M | $293.88M | $258.85M | $219.40M | $229.19M | $213.26M | $106.82M | $193.58M | $205.52M | $235.19M | $177.84M | $216.37M | $154.56M |
| Low Forecast | $398.62M | $445.70M | $389.20M | $382.93M | $360.95M | $397.05M | $353.12M | $348.38M | $343.70M | $262.16M | $324.53M | $308.12M | $305.45M | $238.33M | $271.31M | $218.30M | $265.91M | $271.83M | $195.92M | $172.57M | $146.27M | $152.79M | $142.17M | $71.21M | $129.05M | $137.01M | $156.79M | $118.56M | $144.24M | $103.04M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.97% | 1.05% | - | 1.18% | 1.04% | 0.90% | 0.98% | 1.00% | 1.17% | 1.21% | 1.40% | 1.50% | 1.09% | 2.25% | 1.03% | 0.86% | 0.86% | 1.47% | 0.85% | 1.50% |
Copart's average Quarter net income forecast for Apr 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 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 2 | 3 | 2 | 2 | 1 | 4 | 4 | 3 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 2 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 7 | 7 | 7 | 9 | 9 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | $72.66M | $64.58M | - | $60.23M | $56.63M | $53.28M | $51.98M | $58.59M | $51.00M | $54.91M | $55.98M | $53.23M | $49.28M | $48.17M | $44.72M | $47.51M | $50.00M | $49.48M | $49.82M | $44.09M |
| 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 | $63.33M | $59.68M | $60.10M | $59.33M | $51.65M | $47.18M | $33.93M | $48.65M | $42.75M | $24.05M | $51.97M | $50.75M | $44.45M | $48.10M | $41.24M | $42.63M |
| High Forecast | $88.29M | $95.51M | $86.53M | $84.41M | $80.74M | $84.70M | $77.31M | $76.39M | $75.15M | $69.78M | $71.93M | $70.19M | $67.36M | $63.44M | $65.16M | $71.61M | $60.60M | $60.23M | $61.98M | $56.61M | $40.72M | $58.38M | $51.30M | $28.86M | $62.36M | $60.91M | $53.34M | $57.72M | $49.49M | $51.16M |
| Low Forecast | $83.45M | $90.27M | $81.78M | $79.78M | $76.31M | $80.05M | $73.28M | $72.29M | $71.02M | $46.52M | $67.98M | $65.02M | $63.67M | $42.29M | $61.59M | $47.74M | $59.70M | $58.31M | $41.32M | $37.74M | $27.15M | $38.92M | $34.20M | $19.24M | $41.57M | $40.60M | $35.56M | $38.48M | $32.99M | $34.11M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.04% | 0.96% | - | 1.14% | 0.89% | 0.89% | 0.86% | 0.99% | 0.99% | 1.16% | 1.65% | 1.09% | 1.15% | 2.00% | 0.86% | 0.94% | 1.12% | 1.03% | 1.21% | 1.03% |
Copart's average Quarter SG&A projection for Apr 24 is $58.15M, based on 3 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 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 2 | 3 | 2 | 2 | 1 | 4 | 4 | 3 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 2 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 7 | 7 | 7 | 9 | 9 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | $0.33 | $0.35 | - | $0.73 | $0.62 | $0.52 | $0.56 | $0.59 | $0.61 | $0.55 | $0.54 | $0.61 | $0.41 | $0.43 | $0.35 | $0.32 | $0.37 | $0.47 | $0.34 | $0.43 |
| 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 | $0.38 | $0.40 | $0.36 | $0.35 | $0.34 | $0.33 | $0.30 | $0.29 | $0.28 | $0.29 | $0.27 | $0.26 | $0.23 | $0.20 | $0.20 | $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 | $0.35 | $0.37 | $0.33 | $0.32 | $0.31 | $0.31 | $0.28 | $0.27 | $0.27 | $0.28 | $0.26 | $0.25 | $0.22 | $0.19 | $0.20 | $0.17 | $0.09 | $0.15 | $0.16 | $0.14 | $0.14 | $0.15 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.96% | 1.07% | - | 2.28% | 2.15% | 1.85% | 2.04% | 2.07% | 2.27% | 2.19% | 2.36% | 3.06% | 2.06% | 2.44% | 3.64% | 2.03% | 2.24% | 3.19% | 2.35% | 2.77% |
According to 3 Wall Street analysts, Copart's projected average Quarter EPS for Apr 24 is $0.39, with a low estimate of $0.37 and a high estimate of $0.40. 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 | $207.77 | $602.25 | 189.86% | Buy |
| GPN | Global Payments | $110.44 | $163.79 | 48.31% | Buy |
| DLB | Dolby Laboratories | $71.70 | $90.00 | 25.52% | Buy |
| SAH | Sonic Automotive | $55.96 | $64.00 | 14.37% | Buy |
| LAD | Lithia Motors | $279.51 | $313.20 | 12.05% | Buy |
| ARMK | Aramark | $38.21 | $39.70 | 3.90% | Buy |
| AN | AutoNation | $166.96 | $172.00 | 3.02% | Buy |
| ABM | ABM Industries | $51.61 | $47.00 | -8.93% | Buy |
| ABG | Asbury Automotive Group | $221.70 | $201.50 | -9.11% | Buy |
| TRI | Thomson Reuters | $172.70 | $148.10 | -14.24% | Hold |
| GPI | Group 1 Automotive | $364.39 | $305.00 | -16.30% | Buy |
| PAG | Penske Automotive Group | $152.21 | $109.00 | -28.39% | Sell |
| CPRT | Copart | $50.23 | $35.50 | -29.33% | Buy |
| RELX | RELX | $47.71 | $26.00 | -45.50% | Hold |
CPRT Forecast FAQ
Is Copart a good buy?
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.
What is CPRT's price target?
Copart (CPRT) average price target is $35.5 with a range of $18.5 to $63, implying a -29.33% from its last price of $50.23. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Copart stock go up soon?
According to Wall Street analysts' prediction for CPRT stock, the company can go down by -29.33% (from the last price of $50.23 to the average price target of $35.5), up by 25.42% based on the highest stock price target, and down by -63.17% based on the lowest stock price target.
Can Copart stock reach $80?
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.
What are Copart's analysts' financial forecasts?
Copart's analysts financial forecasts for the fiscal year (Jul 2025) are as follows: average revenue is $4.57B (high $4.69B, low $4.44B), 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 $319.13M, low $301.93M), and average EPS is $1.54 (high $1.6, low $1.49). CPRT's analysts financial forecasts for the fiscal year (Jul 2026) are as follows: average revenue is $5.07B (high $5.22B, low $4.93B), average EBITDA is $2.19B (high $2.26B, low $2.13B), average net income is $1.68B (high $1.74B, low $1.62B), average SG&A $344.75M (high $354.74M, low $335.28M), and average EPS is $1.72 (high $1.78, low $1.66).
Did the CPRT's actual financial results beat the analysts' financial forecasts?
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 $1.37B by 10.68%. The company's net income was $1.09B, beating the average estimation of $1.01B by 8.27%. Apple's SG&A was $211.15M, missing the average forecast of $218.25M by -3.25%. 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%