Copart Inc., US2172041061

Copart stock falls 1.12 percent as fiscal 2026 profit drops

Published on 09/25/2026 at 15:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2026 revenue rose 0.4 percent to USD 4.7 billion, while JPMorgan lifted its target to USD 40 on September 3, 2026. The ACV deal is valued at USD 1.9 billion.

Fotorealistischer Blick auf riesigen Salvage-Auktionshof von Copart Inc — Copart Inc. betreibt riesigen Lagerplatz mit Tausenden Unfallfahrzeugen bei goldenem Abendlicht US2172041061, Illustration mit AI erstellt.

Copart stock (ISIN US2172041061) fell 1.12 percent to USD 27.73 on Nasdaq at 9:37 a.m. ET on September 25, 2026, giving the company a market capitalization of USD 25,668,123,692. The latest earnings report showed fiscal 2026 revenue of USD 4.7 billion, but annual net income declined 4.4 percent to USD 1.5 billion.

Profit falls despite revenue growth

According to Copart on September 10, 2026, revenue for the year ended July 31, 2026, increased 0.4 percent from fiscal 2025, while diluted earnings per share fell to USD 1.55 from USD 1.59.

The fourth quarter provided a sharper contrast. Revenue rose 2.4 percent to USD 1.2 billion, but net income dropped 17.4 percent to USD 327.4 million, and diluted earnings per share decreased 14.6 percent to USD 0.35 from USD 0.41.

ACV expands the auction platform

Copart announced an all-cash acquisition of ACV Auctions with an implied equity value of USD 1.9 billion and cash consideration of USD 10.50 per share, according to Yahoo Finance on September 17, 2026. The transaction would combine Copart's physical network with ACV's digital marketplace for dealer-to-dealer and commercial vehicle auctions.

The deal has also shifted analyst views. JPMorgan upgraded Copart from Neutral to Overweight and raised its price target to USD 40 from USD 32 on September 3, 2026, while Barrington upgraded the stock from Market Perform to Outperform with a USD 40 target, according to MarketBeat.

Stock remains near its yearly low

Copart shares stood USD 0.92 above the 52-week low of USD 26.81 and USD 18.16 below the 52-week high of USD 45.89 on September 25, 2026. The session volume was 263,055 shares at the quoted time, compared with an average volume of 11,732,342 shares.

Nasdaq price sets the reference

Copart stock was trading at USD 27.73 on Nasdaq on September 25, 2026, at 9:37 a.m. ET. The same snapshot showed a prior close of USD 28.04 and a daily change of minus USD 0.32.