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Why Copart stock is tanking today

By Wealth Awesome -

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Stocks & ETFs:CPRT.US

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Copart Inc. (CPRT) faces a challenging day in the market as it sees a significant drop in its stock price.

Copart Inc. (NASDAQ:CPRT) experienced a notable decline in its stock price today, closing down 1.40% at CA$26.84. This drop comes amid a backdrop of market gains, leaving investors questioning the company's performance.

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Copart Inc

CPRT.US

Full stock page →

CPRT.US

Copart Inc

Source:WealthAwesomeWealthAwesome
↓ $2.30 (-7.79%)
71 day period
$27.17$30.75$34.33Jun 17Aug 7Sep 28

Market cap

$25.54B

P/E

17.8x

52W high

$45.89

52W low

$26.81

1W change

-5.85%

Beta

1.03

Analyst Price Targets

Based on 11 analysts covering CPRT · as of Sep 21, 2026

📈

Wall Street analysts forecast CPRT stock price to rise 42.2% over the next 12 months.

Consensus

Buy

3.64 / 5.00

Avg. Target

C$38.70

+42.2% Upside

Previously C$39.70 on Sep 17, 2026

Current Price

C$27.22

Last close

Analyst Breakdown (11 analysts)

Strong Buy 2
Buy 3
Hold 6
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$14.11C$19.12C$24.13C$29.14C$34.15C$39.16TodayJun 17Aug 7Sep 28Nov 10Dec 24Feb 5

30-Day Vol

40.2%

Annualized

90-Day Vol

42.4%

Annualized

Trend (90d)

-41.0%

Annualized drift

90d Mean

C$23.51

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$25.92C$22.57 – C$29.78
60 trading daysC$24.69C$20.29 – C$30.04
90 trading daysC$23.51C$18.49 – C$29.90

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: As Copart's stock continues to struggle, investors should closely monitor upcoming earnings reports and analyst forecasts to gauge the company's future potential.

1.40% decline in Copart's stock today

The stock's drop contrasts with broader market gains, indicating specific challenges facing the company.

Bull case

Copart has shown strong revenue growth over the past five years, which suggests it has a solid market position and the potential for recovery. This growth could bode well for investors looking for a rebound.

Bear case

Despite its historical performance, Copart's recent stock decline raises concerns about potential weaknesses that could hinder future growth, particularly if earnings fall short of expectations.

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Market Context and Copart's Performance

In the latest trading session, Copart's stock fell 1.40%, closing at CA$26.84. This decline occurred while the S&P 500 gained 0.51%, indicating that Copart is underperforming relative to the broader market. Over the past month, the stock has lost 14.41%, raising concerns about its competitiveness within the Business Services sector.

Upcoming Earnings Report and Analyst Sentiment

Investors are awaiting Copart's upcoming earnings report, where the consensus estimates project an EPS of $0.41 and revenue of $1.18 billion, representing a 2.41% increase year-over-year. However, recent revisions to analyst forecasts have shown a slight decline, suggesting that market expectations may not be as optimistic as previously thought. Copart currently holds a Zacks Rank of #3 (Hold), reflecting a cautious outlook.

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Wealth Awesome
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Wealth Awesome

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This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

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📊 Data AccuracyVerified sources
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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: September 29, 2026
Last Updated: September 29, 2026

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