Copart (CPRT) Q3 Fiscal 2026 Earnings: What Analysts Are Projecting
Key Takeaways
- Analysts forecast earnings per share of approximately $0.41 to $0.42 for the third quarter of fiscal 2026.
- Revenue is expected to reach around $1.20 billion, reflecting modest growth amid stable vehicle auction volumes.
- Investors will focus on gross margins, international expansion, and any updates on insurance industry trends.
- Historical patterns show Copart shares often move on beats or misses in revenue and earnings per share.
- The company’s fiscal calendar runs from August to July, making this the quarter ending April 30, 2026.
- Broader market conditions and used-vehicle supply levels remain key themes heading into the report.
Earnings Context and Why It Matters
Copart operates a leading online vehicle auction platform that serves insurance companies, dealers, and other consignors. The third quarter of fiscal 2026, ending April 30, 2026, follows a second-quarter report that showed revenue and earnings per share below year-ago levels. This upcoming release offers insight into demand trends in the remarketing sector and the company’s ability to maintain margins in a competitive environment. Results can influence investor views on CPRT’s growth trajectory and valuation multiples.
Earnings Expectations
Wall Street consensus points to earnings per share of $0.41 to $0.42 and revenue near $1.20 billion for the third quarter of fiscal 2026. These estimates follow the second quarter’s reported diluted earnings per share of $0.36, which missed analyst targets. Investors will monitor year-over-year changes in vehicle unit sales, average selling prices, and gross profit margins. Past earnings reactions have shown notable stock volatility when results deviate from expectations, particularly around revenue figures and any forward commentary on market conditions. I also checked this using Tickeron’s AI Screener to see how the stock compares to others in the industry.
Market Reaction and Investor Sentiment
Sentiment ahead of the report remains measured, with traders watching for signs of stabilization in auction volumes after softer results in the prior quarter. Key risk factors include potential shifts in insurance claim activity and broader economic influences on used-vehicle supply. Historical price action around Copart’s earnings has often reflected immediate reactions to beats or misses, with follow-through driven by management commentary on the conference call.
Refining My Analysis with AI Tools
In my own research process, I often turn to Tickeron’s AI Screener, an AI-powered stock and ETF discovery tool that helps traders and investors filter the market based on technical patterns, fundamentals, trends, volatility, and AI-driven signals. Users can scan thousands of stocks and ETFs using customizable filters such as industry, market capitalization, technical indicators, price patterns, and performance metrics. The screener helps identify trade ideas, trending stocks, breakout candidates, and market opportunities more efficiently than manual screening. This approach gives me a clearer view of how CPRT stacks up against peers before earnings.
Forward Outlook and Key Factors to Monitor
Following the release, investors should pay close attention to any updates on full-year guidance and comments regarding vehicle supply trends. Insurance industry partners remain a primary source of inventory, so remarks on claim volumes or repair costs could shape expectations for future quarters.
International operations continue to expand, and management may discuss progress in newer markets. Margin pressure from transportation costs or auction fees will also be watched closely.
Longer-term catalysts include technology enhancements to the auction platform and potential changes in regulatory or economic conditions affecting vehicle remarketing. The earnings call at 5:30 p.m. Eastern Time should provide additional color on these topics.
Disclaimer
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CPRT sees its Stochastic Oscillator ascending out of oversold territory
On July 02, 2026, the Stochastic Oscillator for CPRT moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 49 instances where the indicator left the oversold zone. In of the 49 cases the stock moved higher in the following days. This puts the odds of a move higher at over .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where CPRT's RSI Indicator exited the oversold zone, of 31 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for CPRT just turned positive on July 06, 2026. Looking at past instances where CPRT's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CPRT advanced for three days, in of 323 cases, the price rose further within the following month. The odds of a continued upward trend are .
CPRT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on July 06, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on CPRT as a result. In of 84 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The 10-day moving average for CPRT crossed bearishly below the 50-day moving average on June 02, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CPRT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for CPRT entered a downward trend on July 08, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. CPRT’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.017) is normal, around the industry mean (15.812). P/E Ratio (17.758) is within average values for comparable stocks, (72.710). CPRT's Projected Growth (PEG Ratio) (3.435) is very high in comparison to the industry average of (1.442). CPRT has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.022). P/S Ratio (5.967) is also within normal values, averaging (8.525).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. CPRT’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 87, placing this stock worse than average.
Industry description
Market Cap
High and low price notable news
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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General Information
a provider of online auctions and vehicle remarketing services
Industry OfficeEquipmentSupplies
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