On July 8, 2025, Stephens & Co. announced the initiation of coverage on Copart (CPRT, Financial), a leader in online vehicle auctions. The coverage comes with an "Equal-Weight" rating, reflecting the analyst's view on the stock's performance relative to the market.
Jeff Lick, an analyst at Stephens & Co., set a price target of $50.00 USD for Copart (CPRT, Financial). This initial price target suggests a balanced outlook, as no prior price target existed for comparison. The "Equal-Weight" rating implies that the stock is expected to perform in line with market averages.
Copart (CPRT, Financial) continues to be a significant player in the vehicle auction industry, and the newly initiated coverage by Stephens & Co. is likely to attract investor attention. The price target of $50.00 USD provides a benchmark for investors considering positions in Copart (CPRT).
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for Copart Inc (CPRT, Financial) is $60.50 with a high estimate of $66.00 and a low estimate of $50.00. The average target implies an upside of 23.90% from the current price of $48.83. More detailed estimate data can be found on the Copart Inc (CPRT) Forecast page.
Based on the consensus recommendation from 12 brokerage firms, Copart Inc's (CPRT, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Copart Inc (CPRT, Financial) in one year is $60.59, suggesting a upside of 24.08% from the current price of $48.83. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Copart Inc (CPRT) Summary page.
