Copart, Inc. (NASDAQ:CPRT) is among the 11 Most Oversold S&P 500 Stocks Heading into 2026. On November 25, Barrington analyst Gary Prestopino maintained a Hold rating on the stock.
Stock market data showing an upward trajectory. Photo by Burak The Weekender on Pexels
This followed JPMorgan’s update on the stock a day earlier, when the firm slashed its price target to $45 from $50, while keeping a Neutral rating. On November 21, Baird also lowered its price target to $52 from $55, citing continued insurance headwinds. However, the firm maintained its earlier Outperform rating on Copart, Inc. (NASDAQ:CPRT) shares.
As of the close of business on December 10, Wall Street analysts have a consensus Hold rating for the stock, with a one-year share price target of $48.89, representing an upside potential of 25%.
The company reported financial results for the first quarter of fiscal 2026 on November 20 and posted earnings per diluted share of $0.41, which was up nearly 11% year-over-year and beat estimates by two cents. However, revenue growth was largely flat, increasing by less than 1% to $1.16 billion and falling short of the $1.18 billion forecast.
Copart, Inc. (NASDAQ:CPRT) is a leading provider of online vehicle auctions and remarketing services. The stock has had a difficult 2025 and is down 33% year-to-date. According to Insider Monkey’s database for Q3 2025, 59 hedge funds hold a stake in the company.
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