Here's What to Expect From Copart’s Next Earnings Report

Company Overview - Copart, Inc. is a Texas-based multinational leader in online vehicle auctions and remarketing services, with a market cap of $39.7 billion [1] - The company operates a proprietary, technology-driven platform connecting sellers, primarily insurance companies and fleet operators, with a global base of buyers including dismantlers and used-vehicle dealers [1] Earnings Expectations - Analysts expect Copart to report a profit of $0.39 per share for fiscal Q2 2026, a decrease of 2.5% from $0.40 per share in the same quarter last year [2] - For fiscal 2026, the expected profit is $1.64 per share, reflecting a 3.1% increase from $1.59 per share in fiscal 2025, with further growth anticipated to $1.81 per share in fiscal 2027, a year-over-year increase of 10.4% [3] Stock Performance - Over the past 52 weeks, Copart's stock has declined by 27.2%, underperforming the S&P 500 Index's return of 16.9% and the Industrial Select Sector SPDR Fund's increase of 21.9% [4] - The decline is attributed to a cooling growth momentum and softer conditions in parts of the used-vehicle market, which have negatively impacted near-term revenue and earnings trends [5] Analyst Ratings - Wall Street analysts maintain a "Moderate Buy" rating for Copart, with five analysts recommending "Strong Buy," six suggesting "Hold," and one advising "Strong Sell" [6] - The mean price target for Copart is set at $52.30, indicating a potential upside of 27.4% from current levels [6]