Copart Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Copart stock have an average target of 58, with a low estimate of 56 and a high estimate of 60. The average target predicts a decrease of -0.38% from the current stock price of 58.22.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$56	$58	$60	$60
Change	-3.81%	-0.38%	+3.06%	+3.06%

* Price targets were last updated on Nov 19, 2024.

Analyst Ratings

The average analyst rating for Copart stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	0	0	0	0	0	0
Buy	2	2	1	1	1	1
Hold	3	3	2	2	2	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	3	3	3	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jash Patwa JP Morgan	JP Morgan	Hold Maintains $55 → $60	Hold	Maintains	$55 → $60	+3.06%	Nov 19, 2024
Craig Kennison Baird	Baird	Buy Maintains $58 → $56	Buy	Maintains	$58 → $56	-3.81%	Sep 5, 2024
Jash Patwa JP Morgan	JP Morgan	Hold Maintains $48 → $52	Hold	Maintains	$48 → $52	-10.68%	Apr 8, 2024
Jash Patwa JP Morgan	JP Morgan	Hold Initiates $48	Hold	Initiates	$48	-17.55%	Feb 27, 2024
Wesley Brooks HSBC	HSBC	Hold Initiates $51	Hold	Initiates	$51	-12.40%	Dec 4, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

4.79B

from 4.24B

13.15%

from 4.24B

Revenue Next Year

5.26B

from 4.79B

9.64%

from 4.79B

EPS This Year

1.59

from 1.40

13.34%

from 1.40

EPS Next Year

1.79

from 1.59

13.12%

from 1.59

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jul 31, 2020	Jul 31, 2021	Jul 31, 2022	Jul 31, 2023	Jul 31, 2024	Jul 31, 2025	Jul 31, 2026	Jul 31, 2027
Revenue	2.21B	2.69B	3.50B	3.87B	4.24B	4.79B	5.26B	5.93B
Revenue Growth	8.01%	22.08%	30.02%	10.53%	9.49%	13.15%	9.64%	12.86%
EPS	0.73	0.97	1.13	1.28	1.40	1.59	1.79	2.07
EPS Growth	19.11%	32.42%	16.49%	13.27%	9.38%	13.34%	13.12%	15.26%
Forward PE	-	-	-	-	-	36.69	32.44	28.14
No. Analysts	-	-	-	-	-	14	14	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	5.1B	5.6B	6.4B
Avg	4.8B	5.3B	5.9B
Low	4.5B	4.8B	5.3B

Revenue Growth

Revenue Growth	2025	2026	2027
High	19.5%	17.5%	22.1%
Avg	13.2%	9.6%	12.9%
Low	6.1%	0.0%	1.0%

EPS Forecast

EPS	2025	2026	2027
High	1.72	2.00	2.34
Avg	1.59	1.79	2.07
Low	1.45	1.65	1.91

EPS Growth

EPS Growth	2025	2026	2027
High	22.7%	26.2%	30.6%
Avg	13.3%	13.1%	15.3%
Low	3.6%	3.8%	6.5%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.