Copart's (CPRT) stock has seen significant volatility recently due to mixed financial results and industry challenges. The firm's
Q3 earnings met estimates but overall sales fell short, causing stock prices to drop. Despite operational challenges, Copart achieved a record-breaking
$1.2B in revenue in Q3, surpassing growth expectations. However, it has been reported that JP Morgan has revised its rating for Copart to neutral. Several investment groups, including
Novem Group, UBS AM, Triavera Capital LLC and Tidal Investments LLC, have increased their holdings in the company, while Vident Advisory LLC, Man Group, and Wedgewood Partners decreased their positions. Copart's earnings and revenues for Q3 2025 have indicated sturdy growth despite
market challenges. CFRA raised its stock rating to a strong buy, setting the target at $70, but JPMorgan lowered their price target to $55.
Copart reported its Q3 fiscal 2025 results showing a revenue and profit rise despite an after-hours dip. A highlight is Jim Cramer's praise for Copart's ‘Salvage Vehicle’ model as ‘Very Solid’.
Copart CPRT News Analytics from Fri, 21 Feb 2025 08:00:00 GMT to Sat, 24 May 2025 16:49:28 GMT -
Rating -4
- Information 5
- Rumor 3
