Copart Inc., US2172041061

Copart stock gains after JPMorgan upgrade to Overweight

Published on 09/04/2026 at 20:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Copart stock is trading at USD 33.18 after a 1.19 percent drop, while JPMorgan lifted the rating to Overweight on September 3, 2026.

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 Inc. (US2172041061) stock traded at USD 33.18 on September 4, 2026, down 1.19 percent from the previous close, with a market capitalization of USD 31.09 billion. The move follows a JPMorgan upgrade to Overweight on September 3, 2026.

Rating change draws attention

According to Yahoo Finance, the stock changed hands at USD 33.18 at 9:37 a.m. EDT, after opening at USD 33.10 and ranging between USD 33.05 and USD 33.32. The same page shows a 52-week range of USD 26.81 to USD 49.16 and YTD performance of minus 15.25 percent.

MarketWatch listed Copart at USD 33.18 as a real-time quote and put the company value at USD 31.09 billion. It also showed volume of 121.14K against a 65-day average of 11.81 million shares, which underlines how thin the opening flow was versus a normal session.

Quarterly figures stay current

Yahoo Finance shows Q3 FY26 revenue of USD 1.24 billion and net income of USD 402.4 million, with a profit margin of 32.53 percent. Revenue rose 9.68 percent year over year, while net income increased 13.9 percent.

The same figures matter because they frame the current valuation at a P/E ratio of 20.92 and diluted EPS of USD 1.61. For investors, the combination of a 32.53 percent margin and USD 999.98 million in levered free cash flow suggests the operating base is still generating substantial cash.

Go deeper

Copart vehicle remarketing platform

Copart uses online auctions and vehicle remarketing services to process and sell vehicles for insurers, dealers and other sellers.

Vehicle auctions drive revenue

Copart operates online auctions and vehicle remarketing services through its internet-based bidding platform. The business model is visible in the latest quarter: USD 1.24 billion in revenue, USD 402.4 million in net income and a 32.53 percent margin in Q3 FY26.

Stock level and range

At USD 33.18 on September 4, 2026, Copart stock sat well above the 52-week low of USD 26.81 and below the 52-week high of USD 49.16. The latest quote also left the shares 15.25 percent lower year to date, while the market value stood at USD 31.09 billion.