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Why Copart stock is sliding today

By Wealth Awesome -

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Stocks & ETFs:CPRT.US

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Copart's stock saw a notable decline today, reflecting investor concerns over its growth trajectory.

Copart Inc. (NASDAQ:CPRT) experienced a decline of 2.51% in its stock price today, closing at $26.64. This drop is part of a troubling trend for the company, which has seen its stock fall by 17.8% over the past six months.

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Copart Inc

CPRT.US

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CPRT.US

Copart Inc

Source:WealthAwesomeWealthAwesome
↓ $6.42 (-19.03%)
120 day period
$26.62$30.51$34.40Apr 21Jul 17Oct 9

Market cap

$25.31B

P/E

17.6x

52W high

$45.89

52W low

$26.39

1W change

+0.37%

Beta

1.06

Analyst Price Targets

Based on 12 analysts covering CPRT · as of Oct 5, 2026

📈

Wall Street analysts forecast CPRT stock price to rise 42.8% over the next 12 months.

Consensus

Buy

3.75 / 5.00

Avg. Target

C$39.00

+42.8% Upside

Current Price

C$27.32

Last close

Analyst Breakdown (12 analysts)

Strong Buy 3
Buy 4
Hold 4
Sell 1
Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on CPRT's historical volatility

HistoricalForecast68%95%
C$16.51C$21.34C$26.18C$31.02C$35.85C$40.69TodayJun 3Aug 7Oct 9Nov 21Jan 4Feb 16

30-Day Vol

35.2%

Annualized

90-Day Vol

39.4%

Annualized

Trend (90d)

-14.7%

Annualized drift

90d Mean

C$25.93

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$26.85C$23.77 – C$30.32
60 trading daysC$26.38C$22.22 – C$31.33
90 trading daysC$25.93C$21.00 – C$32.00

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

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Investor takeaway: Investors should be cautious as Copart's growth has stagnated, raising questions about its future profitability and market position.

Bull case

Copart has a strong cash position and a unique spot in the salvage auction market, which could support a potential recovery.

Bear case

However, the company's revenue growth has stalled, and the supply of salvage vehicles is declining. This poses significant risks to its long-term profitability.

Market Performance

Copart's stock price fell by 2.51% today, closing at $26.64. This decline reflects broader investor concerns about the company's growth prospects. Over the past six months, CPRT has significantly underperformed, with a total decline of 17.8%, in stark contrast to the 24.3% return of the Insider Monkey Billionaire Index.

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Challenges Ahead

The company's revenue growth has slowed, with only a 2.40% increase in the most recent quarter, while earnings fell by 17.40%. This stagnation raises questions about Copart's ability to maintain its competitive edge in a market where the supply of salvage vehicles is diminishing due to safer vehicle designs and changing consumer behaviors.

Investor Sentiment

Despite having a strong cash position and a unique market niche, investor sentiment remains cautious. The lack of growth and declining accident volumes could hinder Copart's future profitability. With no dividends being paid and a market cap of over $25 billion, the company needs to show a clear path to recovery to regain investor confidence.


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Wealth Awesome
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Wealth Awesome

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⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: October 12, 2026
Last Updated: October 12, 2026

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