Copart Inc., US2172041061

Copart stock falls 1.34 percent as analyst target rises to USD 43.00

Published on 09/29/2026 at 07:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Copart stock fell to USD 27.22 at the September 28, 2026 close as BNP Paribas Exane raised its target to USD 43.00. Fiscal Q4 revenue rose 2.4 percent.

Fotorealistischer Blick auf riesigen Salvage-Auktionshof von Copart Inc — Copart Inc. betreibt riesigen Lagerplatz mit Tausenden Unfallfahrzeugen bei goldenem Abendlicht US2172041061, Illustration mit AI erstellt.

Copart Inc. (ISIN US2172041061) fell 1.34 percent to USD 27.22 at the Nasdaq close on September 28, 2026, leaving the stock above its 52-week low of USD 26.81. The immediate investor debate combines a higher analyst target with weaker quarterly earnings and Copart's planned acquisition of ACV Auctions.

Analyst target rises to USD 43.00

MarketBeat reported on September 28, 2026, that BNP Paribas Exane reiterated its Outperform rating and lifted its Copart price target from USD 40.00 to USD 43.00. The new target is USD 15.78 above the September 28 closing price, a 57.97 percent difference calculated against that closing price.

The target increase contrasts with a mixed operating snapshot. MarketBeat said fiscal fourth-quarter revenue of USD 1.15 billion exceeded estimates, while adjusted EPS of USD 0.35 missed consensus by USD 0.03. That combination gives the stock a clear valuation argument, but it also puts margin performance at the center of the investment case.

Revenue grows as profit contracts

According to Copart in its September 10, 2026 release, fiscal fourth-quarter revenue reached USD 1.2 billion for the period ended July 31, 2026, up 2.4 percent year over year. Gross profit declined 5.5 percent to USD 481.4 million, while net income attributable to Copart fell 17.4 percent to USD 327.4 million.

The full-year comparison is similarly uneven. Fiscal 2026 revenue increased 0.4 percent to USD 4.7 billion, but net income decreased 4.4 percent to USD 1.5 billion and diluted EPS declined 2.5 percent to USD 1.55 from USD 1.59. International revenue was a brighter spot, rising 11.7 percent to USD 222.1 million in the fourth quarter, according to the earnings-call summary.

ACV deadline adds a near-term event

Copart's September 17, 2026 tender-offer announcement sets the cash consideration for ACV Auctions at USD 10.50 per share. The offer and withdrawal rights are scheduled to expire one minute after 11:59 p.m. ET on September 30, 2026, unless extended, according to Copart.

The acquisition links Copart's physical auction and logistics network with ACV's digital automotive marketplace. Management expects the transaction to reach breakeven in the first full year and become accretive in fiscal 2028, a timeline that makes integration execution an important counterweight to the higher analyst target.

Copart stock stays near its yearly low

Copart stock closed at USD 27.22 on Nasdaq on September 28, 2026, with a session range of USD 27.11 to USD 27.55 and volume of 8,003,942 shares. Its market capitalization was USD 25.2 billion, while the 52-week range was USD 26.81 to USD 45.89.