Copart stock trades below analyst targets as Q3 2026 margin impresses
Published on 08/25/2026 at 11:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Copart Inc. (US2172041061) stock was quoted at $33.26 at the close of trading on August 24, 2026, leaving the online salvage-auction specialist valued at just over $30.7 billion despite strong earnings for its fiscal third quarter of 2026. Per recent reporting, the shares also changed hands at around $33.44 on the Nasdaq on August 24, 2026, well below an average analyst price target of $41.67.
Q3 2026 earnings show double-digit growth
In the third quarter of fiscal 2026, Copart reported revenue of $1.24 billion and net income of $402.4 million, underlining the scale of the company’s salvage and remarketing operations. The figures translate into a profit margin of 32.53 percent for the period, a level that stands out for a platform-focused business model.
The company’s earnings power is also visible in per-share terms. For the same fiscal 2026 third quarter, Copart generated earnings per share of $0.43, exceeding a previously cited consensus expectation of $0.41 by $0.02. That beat, while modest in absolute terms, signals that the business slightly outperformed market assumptions for the quarter.
Stock lags consensus despite solid margin
Despite these solid fundamentals, the share price has not fully reflected the earnings strength as of late August 2026. One detailed report notes that on August 24, 2026, Copart stock traded at around $33.44 on the Nasdaq, significantly below the average analyst price target of $41.67 for the shares. That gap of $8.23 per share underscores a divergence between current market pricing and longer-term valuation models.
Market data also highlight a recent pullback in the stock. A trading overview shows Copart closing at $33.26 on August 24, 2026, down 1.60 percent for that session, with an after-hours quote recorded at $33.50 the same evening. For investors, the combination of a mid-single-digit percentage discount to consensus targets and a more than 32 percent profit margin in the latest quarter suggests that expectations remain constructive even as the stock consolidates.
Copart online auction platform
Copart’s core business is an online platform that allows insurance companies, fleet operators, dealers and other sellers to remarket damaged and end-of-life vehicles to a global buyer base of dismantlers, rebuilders and exporters. The company operates a network of vehicle yards and uses timed online auctions to convert large volumes of salvage inventory into cash for its customers while charging fees on both the seller and buyer side.
Copart stock and recent trading levels
As of the close on August 24, 2026, Copart stock traded at $33.26 on its US listing, with an after-hours indication of $33.50 reported later that day. A separate market overview lists the company’s market capitalization at $30.792 billion based on these levels, highlighting the scale Copart has reached in the global salvage-auction niche.
Fact box
Company: Copart Inc.
ISIN: US2172041061
Ticker: CPRT
Exchange: Nasdaq
Price (as of August 24, 2026, 4:00 p.m. ET): $33.26 USD
Market cap: $30.792 billion (as of August 24, 2026)
Sector / Industry: Consumer Discretionary / Specialty Retail
Index membership: S&P 500
