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/CPRT
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Copart Inc

Copart Inc

CPRT
$27.61USD↓-2.40%-0.68 today

MARKET CAP

25.6B

P/E (TTM)

17.1x

FWD P/E

16.5x

DAY RANGE

$27 – $29

52W RANGE

$27
$50

AI Summary

Stalk
StalkMedium

CPRT is in a Stage 4 decline but qualifies for mean-reversion, so medium-term bias is tactically bullish. Price has bounced from extended oversold lows and is approaching the falling 9/20 EMA cluster without clear acceptance. Short-term timing is neutral; execution will be deferred until a pullback holds above the short EMAs, confirming support before entering.

  • ↑Q3 revenue $1.24 B (+2.1% YoY); gross profit $572.6 M (+3.7%).
  • ↑U.S. insurance ASP up 4.1% YoY offsets 2.4% unit decline.
  • ↓U.S. insurance unit volumes -4.2% YoY signal weakening demand.
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

Copart, Inc. (NASDAQ: CPRT) is a leading player in the online vehicle auction industry, specializing in the sale of salvage and used vehicles primarily sourced from insurance companies. Leveraging advanced technology and logistics capabilities, Copart connects sellers to a global buyer base, establishing strong competitive advantages in auction liquidity and pricing power. The company operates within a vital and dynamic segment of the automotive industry, particularly benefitting from current market trends involving total loss vehicles and rising values globally, while also experiencing pressure from shifts in consumer insurance purchasing behavior.

Bull says

  • ↑Q3 revenue $1.24 B (+2.1% YoY); gross profit $572.6 M (+3.7%).
  • ↑U.S. insurance ASP up 4.1% YoY offsets 2.4% unit decline.
  • ↑International revenue +14.1% YoY, led by Germany and UK.
  • ↑$1.6 B share buybacks YTD and $5.5 B liquidity support returns.
  • ↑Ongoing tech investments boost platform scalability and liquidity.
  • ↑Strong profitability and positive earnings yield underpin valuation.

Bear says

  • ↓U.S. insurance unit volumes -4.2% YoY signal weakening demand.
  • ↓Rising insurance costs drive consumer pullback and softer claims.
  • ↓Negative momentum and high leverage suggest underperformance risks.
  • ↓Negative dividend yield and elevated leverage strain capital returns.
  • ↓Declining growth factor and high volatility sensitivity heighten valuation risk.
  • ↓Earnings could lag if insurance‐segment recovery remains delayed.

Investment themes with CPRT

eTailing↑ +0.56%

Online retail and e-commerce platforms

FIGS · LQDT · CVNA

Earnings Call · Q3 2025 · Mgmt. Guidance

Updated 05-22-2026neutral

Transcript signals

Bull points

  • During the quarter, our global unit sales increased 1%, which reflects the modest headwind from the prior period being leap year.
  • Lucar, which services our bank, rental, and fleet partners, continues its strong trend with year-over-year growth of almost 14%.
  • purchase vehicle revenue was up about $20 million, or 22%, while purchase vehicle gross profit increased by over 2 million, or about 22%, in the third quarter.

Bear points

  • Our U.S. insurance unit volume decreased close to 1% year-over-year and decreased approximately 2%, excluding CAT units.
  • Our purchase units continued to decline as certain insurance customers shift from purchase contracts to consigning units.
  • global purchase vehicle gross profit decreased 60% in the third quarter.
Read full transcript analysis ›