Copart, Inc. faces projected earnings decline amid shifting analyst sentiment

Copart, Inc. is approaching its fiscal fourth-quarter 2026 earnings report, scheduled for September 10. Analysts have recently lowered their expectations, with a consensus earnings per share (EPS) estimate of $0.38 on revenue of $1.14 billion. This projected EPS represents a 7.3% decline compared to the $0.41 per share earned in the same quarter of fiscal 2025, while revenue growth is expected to slow to 0.9%.

Despite cautious analyst outlooks, institutional investors have shown active interest in the vehicle auction and salvage platform operator. HighTower Advisors LLC increased its position by 10.6% during the second quarter, and VELA Investment Management LLC established a new stake of 59,608 shares. Other firms, including Versant Capital Management Inc and Triumph Capital Management, also reported increased holdings. Institutional investors and hedge funds currently own approximately 85.78% of Copart stock.