Copart earnings beat underpins new Freedom Broker buy, shares trade near 52-week low
27.06.2026 - 10:03:40 | ad-hoc-news.de
By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-27, 10:03.
Copart Inc. (US2172041061) recently reported third-quarter fiscal 2026 earnings ahead of expectations, while its Nasdaq-listed shares continue to trade close to a 52-week low in the low 30 dollar range. According to Investing.com, the Q3 release was followed by a single-digit percentage move in regular trading and has now drawn new analyst coverage from Freedom Broker. Investing.com recap of the Freedom Broker note and Q3 figures
What Freedom Broker says on Copart
Freedom Broker initiated coverage of Copart this week with a Buy rating and a 12-month price target of 39 US dollars per share, according to a dated analyst note by Dmitriy Pozdnyakov. StreetInsider summary of the initiation report The broker highlights structural salvage tailwinds, Copart's scaled digital auction platform and deep insurer relationships as central pillars of the equity story.
Investing.com reports that the 39 dollar target implies roughly 28 percent upside from a current Copart share price of around 30.47 dollars, leaving the stock close to its 52-week low of 29.41 dollars on Nasdaq. Investing.com valuation context for Copart shares The new Buy initiation thus adds a supportive voice to existing coverage that already points to Copart's scale advantages in global online vehicle auctions.
How the latest quarter landed
For its third fiscal quarter 2026, Copart delivered earnings per share of 0.43 dollars compared with a consensus forecast of 0.41 dollars, translating into a positive surprise of just under 5 percent, as summarized by Investing.com. Investing.com data on Copart's Q3 earnings beat Revenue came in at 1.24 billion dollars against analyst expectations of 1.20 billion dollars, underlining solid demand for its auction and remarketing services.
The same report notes that Copart shares advanced by about 4.1 percent in regular Nasdaq trading immediately after the earnings release before giving back a marginal 0.03 percent in after-hours dealings. Investing.com coverage of the share-price reaction to results This pattern mirrors a market that acknowledges the earnings and revenue beat but remains cautious as the stock still trades near the lower end of its 12-month range.
All news and analysis on the Copart Inc. shares
More articles, price data and background on Copart Inc. provide additional context on how the Nasdaq-listed salvage auction specialist is valued in the equity market.
How Copart makes its money
Copart generates the bulk of its revenue by operating online auctions for salvage, total-loss and remarketed vehicles on behalf of insurers, fleet operators, finance companies and dealers worldwide. Bitget business overview of Copart as an online vehicle auction platform The company offers sellers storage, logistics and title processing, while buyers gain digital access to damaged and clean-title vehicles across North America, Europe and other regions.
Where the Copart shares trade today
Copart Inc. shares (US2172041061) most recently closed on Nasdaq at 30.55 US dollars on 2026-06-26, according to data collated by MarketBeat and other price services. MarketBeat overview of the latest Copart share price This leaves the equity close to its 52-week low and implies a market capitalization in the lower tens of billions of dollars.
Key data on the Copart Inc. shares
- Company: Copart Inc.
- ISIN: US2172041061
- WKN: 893229
- Ticker: CPRT
- Trading venue: NASDAQ
- Price (as of 2026-06-26, 21:59): 30.55 USD
- Market cap: around 29 billion USD (as of 2026-06-26)
- Sector / industry: Consumer Discretionary / Specialty Retail and Services (online vehicle auctions)
- Index membership: S&P 500
- Next earnings date: not officially scheduled
This article is for informational purposes only and does not constitute investment advice, an offer or a solicitation to buy or sell any securities. Historical performance is not a reliable indicator of future results. Readers should conduct their own research and, where appropriate, consult a qualified financial advisor before making investment decisions.
