Copart Stock - Analyst consensus points to steady earnings growth

Edited by ad hoc news Long-Term & Business-Model Desk. Verified prior to publication on 06/20/2026, 15:43 UTC. Details in the imprint.

Copart (US2172041061) sits in a relatively stable spot on Wall Street, with analysts still expecting earnings to grow in the coming fiscal year despite a softer used-car backdrop. According to current consensus data, profit per share is projected to rise at a mid-single-digit rate.

What the analyst consensus shows

Consensus data compiled by MarketBeat indicates that Wall Street expects Copart to grow earnings per share from about $1.58 to roughly $1.68 over the next year, implying an increase of around 6.3%. That points to continued, but not spectacular, profit expansion.

The same consensus snapshot shows revenue forecasts edging higher as well, reflecting expectations of modest volume growth in online salvage and remarketing auctions. Analysts still model solid margins, assuming Copart can keep operating costs under control while expanding capacity selectively.

How ratings and targets cluster

Across the analyst community, Copart is typically rated in the Buy to Hold range, with relatively few outright Sell recommendations reported on major data platforms. That rating mix suggests a broadly constructive, but not euphoric, stance toward the stock.

Price targets in aggregated surveys tend to sit moderately above the recent share price, implying upside in the low- to mid-teens percentage range over a 12-month horizon. As always, those targets are scenarios, not guarantees, and can shift quickly with the operating outlook.

Long-term drivers behind the estimates

Analysts generally anchor their models in structural trends that support Copart’s business, such as rising vehicle complexity and higher repair costs, which can increase total-loss rates over time. More total-loss vehicles usually mean more units flowing to salvage auctions.

Another long-term driver in many models is the continued shift to digital auction formats worldwide. Copart’s online platform is seen as a competitive strength, allowing the company to connect global buyers with salvage and used vehicles efficiently and at scale.

Where the valuation stands today

Based on recent prices around $30.23 per share and consensus earnings near $1.58, Copart trades at a forward price-earnings multiple in the high teens to low twenties. That puts the valuation at a premium to some traditional auto retailers, but more in line with high-quality business-services names.

On a market-capitalization basis, Copart is valued in the tens of billions of dollars, reflecting the market’s recognition of its asset-light, highly scalable business model and strong cash generation. Net-net, the stock is not cheap on headline multiples but is often viewed as justified by quality and growth visibility.

How estimates could shift

Analyst estimates are not static. They react to used-vehicle price indices, insurance-industry loss trends and macro data such as employment and consumer credit conditions. A sharp change in any of these inputs can trigger revisions to Copart’s revenue and margin assumptions.

In particular, a sustained drop in accident frequency or severity, or a prolonged downturn in used-vehicle prices, could lead analysts to trim volume and fee-per-unit forecasts. Conversely, tighter repair capacity or higher parts costs can push more vehicles into the total-loss channel, supporting volumes.

How Copart makes its money

Copart generates most of its revenue by running online auctions where insurers, fleet operators and other vehicle owners sell damaged or end-of-life cars to dismantlers, rebuilders and exporters. It charges fees and commissions on each transaction and offers related services such as storage and transportation.

The company operates a network of yards and auction sites, primarily in the United States but also in markets such as the United Kingdom, Germany and Canada. This physical footprint underpins the digital marketplace and provides the logistical backbone for processing large vehicle volumes efficiently.

The product behind the stock

In practical terms, Copart’s core "product" is its online vehicle auction platform, which allows registered buyers worldwide to bid on salvaged and used cars, trucks and other vehicles. The offering includes detailed listings, photos, condition reports and transactional tools tailored for high-volume professional buyers.

Where the stock trades today

Copart shares (US2172041061) most recently changed hands on the Nasdaq at $30.23 as of 06/18/2026, 16:00 Eastern Time.

This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.