Analyst Consensus ?
ConsensusBuy22 ratings
Bullish1254.6%
Neutral940.9%
Bearish14.5%
Copart, Inc. · CPRT · FY2026 Q1 · Calendar Q4 2025
Copart leans on pricing, international demand and new channels
The supplied analysis offers qualified support for a durable growth trajectory: pricing, international participation, non-insurance channels and operational initiatives are offsetting weaker unit volumes. The case remains conditional on sustaining auction liquidity and ASP performance while management adds capacity and addresses insurance-volume risks.
Reported After market closeNASDAQIndustrials
$25.96B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$0.41
Consensus $0.39
EPS surprise
+5.2%
Reported versus consensus
Reported revenue
$1.16B
Consensus $1.18B
Revenue surprise
-2.0%
Reported versus consensus
Market reaction
event-close to next-session close
Stock move
-0.7%
Event window
SPY move
+1.0%
Same window
Abnormal move
-1.7%
Stock minus SPY
Volume
1.9×
Versus trailing sessions
Subsequent drift
-3.4%
Up to 20 sessions
CPRTSPY benchmark
Ask FN2 about CPRT FY2026 Q1
Transcript, numbers and history already loaded
Why did CPRT fall 0.7% after beating EPS estimates in FY2026 Q1?What changed in CPRT's guidance and outlook in FY2026 Q1?Give me the bull and bear case for CPRT after FY2026 Q1 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
The current analysis places greater emphasis on the contrast between lower unit volumes and stronger pricing, while highlighting international participation, Direct Buy, Purple Wave and logistics as increasingly important growth and efficiency levers.
Guidance delta
No formal guidance was provided in the supplied analysis.
Key takeaways
- Insurance unit volumes declined, while higher average selling prices supported gross margins.
- International buyers, non-insurance channels and auction liquidity remain central to the growth story.
- Direct Buy, Purple Wave, logistics and capacity investments are important execution areas.
- The balance sheet supports continued investment, but unit trends remain a key watchpoint.
Management priorities
- Continue disciplined capacity investment over the coming years.
- Expand Purple Wave and other online auction offerings.
- Grow the Direct Buy referral model and invest in logistics efficiency.
- Evaluate strategic acquisitions that complement the core auction platform.
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Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$28.04Current
$18.5Low
$38.42Average
$63High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Sep 25, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| HSBC | Hold | Buy | Downgrade | Sep 17, 2026 |
| Freedom Broker | Buy | Buy | Maintain | Sep 14, 2026 |
| Barrington Research | Outperform | Market Perform | Upgrade | Sep 11, 2026 |
| Baird | Outperform | Outperform | Maintain | Sep 11, 2026 |
| JP Morgan | Overweight | Neutral | Upgrade | Sep 3, 2026 |
| Barclays | Underweight | Underweight | Maintain | Aug 26, 2026 |
| Stephens & Co. | Equal Weight | Equal Weight | Maintain | Aug 20, 2026 |
| HSBC Securities | Buy | Hold | Upgrade | Sep 4, 2025 |
| Argus | Hold | Buy | Downgrade | Mar 14, 2025 |
| Northcoast Research | Neutral | Buy | Downgrade | May 1, 2023 |
| Guggenheim | Buy | Buy | Maintain | Feb 22, 2023 |
| Truist Securities | Buy | Buy | Maintain | May 21, 2021 |
| Jefferies | Buy | Buy | Maintain | May 22, 2020 |
| CFRA | Hold | Hold | Maintain | May 21, 2020 |
| SunTrust Robinson Humphrey | Buy | Buy | Maintain | May 18, 2020 |
| Gabelli & Co. | Buy | Hold | Upgrade | Sep 20, 2018 |
| Susquehanna | Neutral | Neutral | Maintain | Aug 25, 2016 |
| Bank of America | Neutral | Buy | Downgrade | Mar 21, 2016 |
| B of A Securities | Neutral | Buy | Downgrade | Mar 21, 2016 |
| CL King | Neutral | Sell | Upgrade | Feb 25, 2016 |
| BB&T Capital | Buy | Hold | Upgrade | Nov 26, 2013 |
| CJS Securities | Market Outperform | Market Perform | Upgrade | Sep 26, 2013 |
Named analyst price targets
Upside is calculated against the persisted current price $28.04. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| HSBC | Analyst unavailable | $36 | $30.82 | +28.4% | Sep 16, 2026 |
| Barrington | Gary Prestopino | $40 | $30.75 | +42.7% | Sep 11, 2026 |
| Robert W. Baird | Analyst unavailable | $38 | $30.75 | +35.5% | Sep 11, 2026 |
| Deutsche Bank | Analyst unavailable | $40 | $32.16 | +42.7% | Sep 3, 2026 |
| Barclays | Analyst unavailable | $25 | $33.33 | -10.8% | Aug 26, 2026 |
| Barclays | Analyst unavailable | $26 | $27.04 | -7.3% | Jul 21, 2026 |
| Jefferies | Analyst unavailable | $45 | $33.79 | +60.5% | May 22, 2026 |
| Robert W. Baird | Analyst unavailable | $48 | $37.65 | +71.2% | Feb 20, 2026 |
| Robert W. Baird | Analyst unavailable | $52 | $40.06 | +85.4% | Nov 21, 2025 |
| Barclays | John Babcock | $33 | $41.02 | +17.7% | Nov 21, 2025 |
| Barclays | Analyst unavailable | $32 | $41.34 | +14.1% | Nov 11, 2025 |
| HSBC | Wesley Brooks | $62 | $48.12 | +121.1% | Sep 4, 2025 |
| Jefferies | Bret Jordan | $63 | $54.58 | +124.7% | May 17, 2024 |
| J.P. Morgan | Analyst unavailable | $33 | $15.64 | +17.7% | Jan 13, 2023 |
| Stephens | Analyst unavailable | $18.5 | $16.04 | -34.0% | Nov 18, 2022 |
| Raymond James | Savanthi Syth | $27.5 | $30.35 | -1.9% | Apr 13, 2022 |
Track every rating change on CPRT the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationCopart, Inc. stands as a prominent global provider of online vehicle auctions and comprehensive vehicle remarketing services. The company extends its operations across numerous international markets, including the United States, the United Kingdom, Germany, Brazil, Canada, the United Arab Emirates, Spain, Finland, Oman, the Republic of Ireland, and Bahrain. At its core, Copart enables the buying and selling of vehicles over the internet through its sophisticated "virtual bidding" online auction platform. Its extensive range of services supports the entire vehicle disposition process, encompassing aspects such as direct online access for sellers, expert salvage and general vehicle valuation, end-of-life vehicle handling, logistics and transportation management, and dedicated vehicle inspection facilities.…
Historical context
All CPRT earningsIndustrials peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| CTAS Cintas Corporation | FY2027 Q1 · Calendar Q3 2026 | +3.0% | -3.4% | Cintas raises FY2027 guidance as Q1 growth broadens |
| PAYX Paychex, Inc. | FY2027 Q1 · Calendar Q3 2026 | +1.5% | -8.8% | Paychex maintains FY27 outlook as PEO and AI momentum strengthen |
| FPS Forgent Power Solutions, Inc. | FY2026 Q4 · Calendar Q3 2026 | +4.3% | +9.5% | Forgent Power Solutions pairs record results with an aggressive FY27 buildout |
| SUNB Sunbelt Rentals Holdings Inc | FY2027 Q1 · Calendar Q3 2026 | +19.2% | +5.9% | Sunbelt raises FY27 outlook as specialty rental demand accelerates |
| FRO Frontline Plc | FY2026 Q2 · Calendar Q3 2026 | +8.0% | +1.0% | Frontline posts a record quarter as tanker rates remain elevated |
| DCI Donaldson Company, Inc. | FY2026 Q4 · Calendar Q3 2026 | +1.8% | +2.1% | Donaldson posts record FY26 and targets further growth |
Latest beats and misses
Who reports nextBeat on EPS
- CTASFY2027 Q1 · September 23, 2026+3.0% EPS-3.4% move
- PAYXFY2027 Q1 · September 23, 2026+1.5% EPS-8.8% move
- GISFY2027 Q1 · September 23, 2026+4.6% EPS+1.0% move
- AZOFY2026 Q4 · September 22, 2026+3.6% EPS+3.3% move
- FPSFY2026 Q4 · September 15, 2026+4.3% EPS+9.5% move
- TCOMFY2026 Q2 · September 15, 2026+22.3% EPS+3.0% move
Get the CPRT recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars · 2026-09-25T03:10:57.456974+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-09-25T03:10:57.454245+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-09-25. For educational purposes only; not investment advice.