Copart, Inc. (CPRT) earnings on May 21, 2026
Prior outlook: Pessimistic Outcome: Accurate
Copart's stock fell after its earnings report, even though results beat expectations. The market's earlier negative sentiment seemed to outweigh the good news.
CPRT price around the earnings
33.80
Change: -1.7%
2026-05-22, 23:52 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Accurate
- Thesis published
Upside potential but high risk
Analysts see a 23.5% upside to $42, but the company just missed earnings and growth is negative. The stock has been selling off heavily, so there's a lot of risk.
Context analyzed before publication
- Summary
- The scenario is optimistic but high risk
- Reasoning
- Analysts cite a 23.5% upside to $42, but the company just missed earnings and growth is negative. The stock has been selling off heavily, so there's a lot of risk.
- Playbook
- The negative earnings trend and sell-off suggest it's too early for an optimistic scenario.
- Trend
- Expert confidence dropping sharply
Analysts
Drivers
-
Analysts
Positive
Analysts set a target of $42, which is 23.5% above the current price, and their average rating is a buy.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 2.33
- Analysts covering the stock
- 9
- Average price target
- 42.44
- Lowest price target
- 32
- Highest price target
- 55
- Upside to price target
- 23.5%
- Quarterly earnings growth
- -9.5%
- Revenue growth
- -3.6%
- Forward EPS
- 1.68
- Trailing EPS
- 1.59
- Analyst moves in the last 60 days
- 0
- Strong buy: 3
- Buy: 3
- Hold: 5
- Sell: 0
- Strong sell: 1
- Strong buy
- 3
- Buy
- 3
- Hold
- 5
- Sell
- 0
- Strong sell
- 1
News and sentiment
Drivers
-
News & sentiment
Negative
Earnings and revenue are expected to shrink, which weighs on the company's outlook.
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (1)
- Here's How Much $100 Invested In Copart 10 Years Ago Would Be Worth Today — Benzinga
Technicals
Drivers
-
Technical
Negative
The stock has been in a severe downtrend, with scores getting worse leading up to earnings.
Evidence
- Average true range (ATR)
- 2.2%
- Distance to 52-week high
- -43.9%
- 14-day change (14d)
- -0.7%
- 30-day change (30d)
- +0.2%
- 30-day relative strength
- +0.2%
- Benchmark change (0d)
- +0.0%
- Nearest support
- 32.76
- Nearest resistance
- 33.09
- Volume accumulation ratio (14d / 46d)
- 1.21
Trends
Evidence
- Average earnings surprise
- +2.9%
- February 19, 2026: actual EPS 0.36 vs estimate 0.39 (surprise -7.5%)
- November 20, 2025: actual EPS 0.41 vs estimate 0.39 (surprise +5.1%)
- September 4, 2025: actual EPS 0.41 vs estimate 0.36 (surprise +13.3%)
- May 22, 2025: actual EPS 0.42 vs estimate 0.42 (surprise +0.8%)
Expected move
Drivers
-
Past earnings
Negative
Last quarter's earnings missed expectations by 7.5%, breaking a streak of beats and raising concerns.
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 2.7%
- 75th percentile move
- 4%
- 90th percentile move
- 8.3%
- Up / down moves
- 7 / 12
- Average up move
- +4.6%
- Average down move
- -3.0%
Monitoring and close
What Copart, Inc. reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Accurate
- Consolidated
- -1.8%
- Max favorable move (MFE)
- 4.6%
- Max adverse move (MAE)
- 3.7%