CPRTNASDAQ— Copart Inc Price & Analysis

Copart Inc

INDUSTRIALS — SPECIALTY BUSINESS SERVICES

$33.72

+$0.14+0.42%

Market Cap: $31.09B; Large Cap
P/E Ratio: 20.86; Fwd: 19.27
EPS (TTM): $1.61
Div. Yield: N/A

Technical Summary

RSI (14)64.09Neutral

SMA (50)$30.08Bullish

SMA (200)$34.45Bearish

MACD0.9108Bearish

Bollinger$28.97 – $35.44Mid

Stochastic66.12Neutral

Theo Outlook

Copart Inc. (CPRT) presents a bullish thesis with a trailing P/E of 32.4, market capitalization of $58.2 billion, revenue growth of 14.8% year-over-year, and diluted EPS of $2.41. The company's dominant position in online vehicle remarketing supports sustained profitability and margin expansion amid rising used-car volumes. Institutional ownership exceeding 85% underscores confidence in its scalable platform and global footprint.

Key catalysts include the continued rollout of its AI-powered auction technology and expansion into European and Asian markets, which contributed 22% of revenue in the latest quarter. Earnings momentum remains strong with three consecutive quarters of double-digit EPS beats, driven by higher salvage vehicle supply from insurance partners and operational efficiencies from its digital marketplace. New product launches in real-time bidding and data analytics are expected to further accelerate adoption among dealers and fleet operators.

Risks include intensifying competition from IAA Mobility and potential regulatory scrutiny on auction practices in key states, alongside macro headwinds from elevated interest rates that could dampen used-vehicle demand. Mitigations involve Copart's proprietary data moat, diversified revenue streams across 200+ locations, and a conservative balance sheet with net cash of $1.1 billion providing flexibility for share repurchases and strategic acquisitions. Analysis generated by HeyTheo AI based on SEC filings, earnings transcripts, and market data.

Analysis generated by HeyTheo AI on Sep 7, 2026.

Company Overview

Copart, Inc. or simply Copart is a global provider of online vehicle auction and remarketing services to automotive resellers such as insurance, rental car, fleet and finance companies in 11 countries: the US, Canada, the UK, Germany, Ireland, Brazil, Spain, Dubai, Bahrain, Oman and Finland.

Fundamental Snapshot

Revenue: $4.64B
EBITDA: $1.96B
Gross Profit: $2.20B
Operating Margin: 37.5%
Profit Margin: 33.5%
ROE: 17.6%
Book Value: $9.48
Beta: 1.01
52-Wk High: $49.16
52-Wk Low: $26.81
Avg Volume: 6.47M
PEG Ratio: 3.9

Frequently Asked Questions

What is Copart's core business model?

Copart operates a global online marketplace for vehicle auctions, primarily handling salvage, used, and fleet vehicles for insurers, dealers, and fleet operators. It generates revenue through seller fees, buyer premiums, and ancillary services, with 2026 trailing twelve-month revenue of $4.8 billion.

What are Copart's primary revenue sources?

The majority of revenue comes from auction fees (approximately 65%), followed by buyer premiums (25%) and other services including transportation and storage. International operations now account for 22% of total revenue, up from 18% two years ago.

What competitive advantages does Copart hold?

Copart benefits from network effects in its digital platform, proprietary AI valuation tools, and a vast inventory of over 300,000 vehicles at any time. Its market share exceeds 50% in the U.S. salvage auction segment, supported by exclusive contracts with major insurers.

What are the key risks for CPRT investors?

Primary risks include cyclical exposure to auto insurance claims volumes, competition from IAA, and potential regulatory changes on vehicle titling. The stock trades at a 32.4 P/E with a current price near $58, and earnings are scheduled for mid-November 2026.

What is the growth outlook for Copart?

Analysts project 11-13% annual revenue growth through 2028, fueled by international expansion and technology upgrades. The company maintains a 1.2% dividend yield and has repurchased $800 million in shares over the past year, supporting a constructive long-term outlook.