Copart, Inc. (CPRT) Stock Analysis
By Nova Skye | AltStation.io | Updated October 16, 2026
Company Overview
Copart (CPRT) runs online auctions and vehicle remarketing platforms for salvage, damaged, and used vehicles. Operating out of Dallas, Texas in the Specialty Business Services industry within the Industrials sector, the company connects sellers to buyers across 11 countries, including the U.S., the U.K., Germany, and Brazil. They handle end-to-end processing like title management, transportation, vehicle inspections, and direct consumer purchasing through platforms like CashForCars. Their buyer base covers licensed dismantlers, rebuilders, repair shops, used car dealers, exporters, and retail buyers.
Incorporated in 1982, Copart built a strong competitive moat by moving vehicle remarketing online through its third-generation virtual bidding technology. Their primary edge comes from proprietary technology like copart 360 imaging, which lets remote buyers inspect vehicles with complete exterior and interior views. Sellers get automated pricing guidance via IntelliSeller, creating high auction liquidity that draws licensed rebuilders and overseas exporters. While managing operations across 11 different countries introduces regulatory friction, their centralized digital auction infrastructure gives them massive operating leverage.
Copart is actively expanding beyond standard passenger salvage into adjacent commercial asset categories. Through Purple Wave, the company runs no-reserve online auctions for wholesale construction, agriculture, and fleet equipment. They have also expanded into wholesale powersports and direct-to-consumer parts sales through Copart Recycling. By diversifying into heavy machinery and vehicle components across North America, Europe, and the Middle East, Copart is broadening its addressable remarketing market.
52-Week Price Performance Analysis
The stock is 39.53% below that high and 7.89% above the low, so the broader trend remains weak.
Price is near the $27.52 20-day moving average, with the supplied calculation placing it 0.84% versus that average.
Momentum improved 0.98% over the last five trading days, but the 20-day reading remains negative at -6.44%.
Near-term support is $26.27, while $33.72 is the resistance level buyers need to break.
Recent News and Developments
The Hart-Scott-Rodino waiting period for Copart’s planned acquisition of ACV Auctions expired at 11:59 p.m. Eastern on October 13. The clearance satisfied a key condition of Copart’s $10.50-per-share cash tender offer, although completion still required a majority of ACV shares to be tendered. Source: U.S. Securities and Exchange Commission
Copart closed at $27.75 on October 15, up 5.63%, with 14,474,657 shares traded. The rebound came one day after CPRT touched a 52-week low of $25.72, and the timing points to the ACV antitrust clearance as the catalyst. Source: StockAnalysis
Director Diane M. Morefield filed a notice proposing the sale of 20,000 Copart shares with an aggregate market value of $551,290 and an approximate sale date of October 15. The shares were acquired through a stock-option exercise on December 23, 2024. Source: StockTitan
Market Sentiment and Analyst Recommendations
The balance sheet is the clearest strength, with $4.49B in cash against only $88.37M in debt.
The stock trades at 17.85 times earnings, while 10 analysts collectively rate it a buy.
Their $39.00 target sits well above the current $27.48 price, although individual targets range from $25.00 to $55.00.
The planned $10.50-per-share cash acquisition of ACV Auctions cleared a major hurdle when the U.S. antitrust waiting period expired on October 13.
CPRT is close to its 52-week low, and the combination of a strong balance sheet, positive revenue growth, and a potential acquisition catalyst gives buyers a credible recovery case.
Twenty-day momentum is -6.44%, showing that the recent 0.98% five-day improvement has not reversed the broader decline.
Revenue growth of 2.4% is positive but modest, especially for a stock trading at a 17.85 P/E.
The ACV transaction is not complete because a majority of ACV shares still must be tendered.
Analyst estimates also show substantial disagreement, with targets ranging from $25.00 to $55.00.
Director Diane M. Morefield’s proposed sale of 20,000 shares, valued at $551,290, is not proof of deeper trouble, but it adds another negative signal while the stock is near its yearly low.
Investors should watch whether the stock holds the $26.27 30-day support level.
A move below $25.72 would establish a new 52-week low and weaken the recovery case.
On the upside, CPRT needs to reclaim the $27.52 20-day moving average and improve on its -6.44% 20-day momentum.
The larger technical test is $33.72, the 30-day resistance level.
Fundamentally, revenue growth needs to improve from 2.4%, while cash, debt, and the completion status of the ACV acquisition will determine whether the bullish thesis strengthens next quarter.
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