Copart Inc. stock reacts to $1.9 billion ACV deal and HSBC downgrade
Published on 09/20/2026 at 19:39 | Editorial responsibility: Rafael MĂĽller, Editor-in-Chief AD HOC NEWS
Copart Inc. stock (ISIN US2172041061) closed at USD 29.28 on Nasdaq on September 18, 2026, down 1.28% from the previous session, leaving the vehicle auction specialist well below its 52-week high of USD 46.21 but above the 52-week low of USD 26.81.
ACV Auctions acquisition reshapes Copart’s growth story
As Gumtree reported on September 10, 2026, Copart agreed to acquire ACV Auctions in an all-cash deal valued at roughly USD 1.9 billion, paying USD 10.50 per ACV share, which represents a 45 percent premium to ACV’s unaffected closing price on August 10, 2026.
According to Businesswire on September 10, 2026, Copart highlighted that the ACV acquisition is intended to deepen its position across the vehicle remarketing ecosystem and complement its existing salvage and online auction platform.
Latest quarterly figures show modest growth and an EPS miss
As MarketBeat reported on September 10, 2026, Copart announced quarterly earnings results in which it missed consensus estimates by USD 0.03 in earnings per share for its fourth quarter of fiscal year 2026.
According to QuiverQuant on September 10, 2026, Copart’s revenue in Q4 of fiscal 2026 rose 2.4 percent year over year to USD 1.15 billion, indicating modest top-line growth compared with the prior-year quarter.
For investors, the combination of a 2.4 percent revenue increase and an EPS shortfall of USD 0.03 versus consensus underlines that the company is still growing but faces near-term margin or cost pressures as it integrates investments and prepares for the ACV acquisition.
Analyst reactions: HSBC downgrade versus broader positive consensus
Fintel data cited by MSN on September 20, 2026 show that HSBC downgraded Copart from Buy to Hold on September 17, 2026, reflecting increased caution after recent share price weakness.
According to the same MSN coverage, the consensus mean target price for Copart stood at EUR 37.45 as of September 15, 2026 for the European listing, compared with a prior consensus mean of EUR 36.73 as of August 28, 2026, implying a 1.94 percent upward revision despite the latest downgrade.
In addition, MarketBeat summarized on September 17, 2026 that Copart’s USD 1.9 billion ACV deal has drawn bullish bets from several brokerages even though the company reported a relatively weak quarter, with recent actions including upgrades from Barrington Research and JP Morgan earlier in September 2026.
Stock performance and valuation context for Copart Inc. stock
Per Nasdaq data compiled by MarketBeat, Copart shares closed at USD 29.28 on September 18, 2026, with the stock down 25.2 percent since the beginning of 2026 when it traded at USD 39.15, highlighting a significant year-to-date decline.
Price data from Robinhood on September 20, 2026 show Copart trading at USD 29.35 within an intraday range of USD 29.17 to USD 29.66 on September 19, 2026, with a market capitalization of USD 27.09 billion and a price to earnings ratio of 18.89.
The same Robinhood data state that Copart’s 52-week range extends from a low of USD 26.81 to a high of USD 46.21, indicating that the September 19, 2026 price level of USD 29.35 is only about 9.5 percent above the 52-week low and roughly 36.5 percent below the 52-week high.
Risk factors and next steps for investors
For investors, the key risk highlighted by recent coverage is that Copart’s latest quarter missed EPS expectations by USD 0.03 and delivered only 2.4 percent revenue growth, while the company is committing USD 1.9 billion of cash to the ACV Auctions acquisition, which increases execution risk and may weigh on near-term margins.
At the same time, consensus data cited by MSN show that 61.9 percent of recommendations for Copart remain positive (strong buy or buy) in the current recommendation period starting September 1, 2026, suggesting that many analysts still see long-term value despite short-term volatility.
Copart Inc. stock price as of the last trading day
Copart Inc. stock last closed at USD 29.28 on Nasdaq on September 18, 2026, with a daily decline of 1.28 percent and a year-to-date loss of 25.2 percent from the USD 39.15 level at the start of 2026, placing the shares near the lower end of their USD 26.81 to USD 46.21 52-week range.
Key data on Copart Inc. stock
- Company: Copart Inc.
- ISIN: US2172041061
- Ticker: CPRT
- Trading venue: Nasdaq
- Price (as of September 18, 2026, 16:00): 29.28 USD
- Market capitalization: 27.09 billion USD (as of September 19, 2026)
- Sector / Industry: Industrials / Automotive services
- Index membership: S&P 500
