Copart Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Copart stock have an average target of 47.75, with a low estimate of 40 and a high estimate of 52. The average target predicts a decrease of -12.08% from the current stock price of 54.31.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$40	$47.75	$51	$52
Change	-26.35%	-12.08%	-6.09%	-4.25%

Analyst Ratings

The average analyst rating for Copart stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	1	1	1	0	0	0
Buy	2	2	2	2	2	2
Hold	1	2	2	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	5	5	5	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jash Patwa JP Morgan	JP Morgan	Hold Maintains $48 → $52	Hold	Maintains	$48 → $52	-4.25%	Apr 8, 2024
Jash Patwa JP Morgan	JP Morgan	Hold Initiates $48	Hold	Initiates	$48	-11.62%	Feb 27, 2024
Wesley Brooks HSBC	HSBC	Hold Initiates $51	Hold	Initiates	$51	-6.09%	Dec 4, 2023
Craig Kennison Baird	Baird	Buy Maintains $45 → $48	Buy	Maintains	$45 → $48	-11.62%	Sep 15, 2023
Daniel Imbro Stephens & Co.	Stephens & Co.	Buy Reiterates $40	Buy	Reiterates	$40	-26.35%	May 18, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

4.32B

from 3.87B

11.51%

from 3.87B

Revenue Next Year

4.70B

from 4.32B

8.90%

from 4.32B

EPS This Year

1.47

from 1.28

14.82%

from 1.28

EPS Next Year

1.65

from 1.47

12.46%

from 1.47

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	2.04B	2.21B	2.69B	3.50B	3.87B	4.32B	4.70B	5.19B	6.05B	6.55B
Revenue Growth	13.08%	8.01%	22.08%	30.02%	10.53%	11.51%	8.90%	10.47%	16.45%	8.39%
EPS	0.62	0.73	0.97	1.13	1.28	1.47	1.65	1.83	1.90	2.15
EPS Growth	42.36%	19.19%	32.33%	16.49%	13.27%	14.82%	12.46%	10.62%	3.77%	13.44%
No. Analysts	-	-	-	-	-	13	13	6	3	3

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	4.5B	5.0B	5.4B	6.2B	6.7B
Avg	4.3B	4.7B	5.2B	6.0B	6.6B
Low	4.1B	4.4B	5.0B	5.8B	6.3B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	16.0%	15.6%	15.3%	19.9%	11.6%
Avg	11.5%	8.9%	10.5%	16.5%	8.4%
Low	5.9%	0.9%	5.6%	11.9%	4.1%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	1.56	1.76	1.98	1.95	2.22
Avg	1.47	1.65	1.83	1.90	2.15
Low	1.37	1.47	1.56	1.82	2.07

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	22.1%	20.0%	20.1%	6.8%	16.8%
Avg	14.8%	12.5%	10.6%	3.8%	13.4%
Low	7.2%	0.0%	-5.7%	-0.3%	9.0%

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.