Copart stock trades at EUR 23.91 after fiscal results
Published on 09/30/2026 at 15:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Copart stock was at EUR 23.91 at Lang & Schwarz on September 30, 2026, down 0.08 percent versus the prior close of EUR 23.93. The company paired fiscal 2026 revenue growth with an acquisition designed to expand its digital vehicle remarketing reach.
Revenue growth stays limited
According to Copart on September 10, 2026, fiscal 2026 revenue reached USD 4.7 billion for the year ended July 31, 2026, up 0.4 percent from the prior year. Net income attributable to Copart fell 4.4 percent to USD 1.5 billion, while diluted EPS declined 2.5 percent to USD 1.55.
The fourth quarter showed the same split. Revenue increased 2.4 percent to USD 1.2 billion, but net income dropped 17.4 percent to USD 327.4 million and diluted EPS fell 14.6 percent to USD 0.35. For investors, the comparison points to higher activity but weaker earnings conversion.
ACV adds a digital channel
As Business Wire reported on September 10, 2026, Copart agreed to acquire ACV Auctions for USD 10.50 per share in cash, implying an equity value of USD 1.9 billion. The transaction is expected to close by the end of calendar year 2026 and is expected to be neutral to earnings per share in the first full year of ownership, then accretive in fiscal 2028.
The strategic logic is measurable. Copart brings more than 250 locations and more than 4 million vehicles sold in the last year, while ACV contributes a dealer-focused digital marketplace and approximately USD 10 billion of gross merchandise value in 2025. The deal therefore targets channel expansion rather than only additional salvage volume.
Analysts set a higher bar
MarketBeat reported on September 28, 2026, that BNP Paribas Exane reaffirmed an Outperform rating and raised its price target from USD 40.00 to USD 43.00. The same report cited a USD 37.80 average target, placing the analyst view well above the Lang & Schwarz price in euros, although the currencies and venues are different.
Copart stock holds near its low
Copart stock was trading at EUR 23.91 at Lang & Schwarz on September 30, 2026, at 3:06 p.m. CEST, down 0.08 percent versus the EUR 23.93 prior close at Lang & Schwarz on September 29, 2026. Market capitalization stood at USD 25.1 billion as of September 29, 2026.
Copart stock facts
- Company: Copart, Inc.
- ISIN: US2172041061
- Ticker: CPRT
- Primary exchange: NASDAQ
- Price Lang & Schwarz as of September 30, 2026, 3:06 p.m. CEST: EUR 23.91
- Change versus prior close: minus 0.08 percent
- Prior close Lang & Schwarz September 29, 2026: EUR 23.93
- Market capitalization: USD 25.1 billion as of September 29, 2026
- Sector / Industry: Industrials / Specialty Business Services
