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
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
Contributor
Financial writer and active order flow futures trader with a focus on fundamental analysis, macroeconomic factors, and equity research. I make in-depth blogs on stocks and ETFs, bridging the gap between raw market data and real-world trading decisions.
CPRT in -3.48% downward trend, declining for three consecutive days on October 13, 2026
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where CPRT declined for three days, in 173 of 278 cases, the price declined further within the following month. The odds of a continued downward trend are 62%.
Technical Analysis (Indicators)
Bearish Trend Analysis
CPRT moved below its 50-day moving average on September 17, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for CPRT crossed bearishly below the 50-day moving average on September 22, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 10 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 56%.
The Aroon Indicator for CPRT entered a downward trend on October 13, 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.
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where CPRT's RSI Oscillator exited the oversold zone, 16 of 32 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 50%.
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
Following a +0.55% 3-day Advance, the price is estimated to grow further. Considering data from situations where CPRT advanced for three days, in 186 of 323 cases, the price rose further within the following month. The odds of a continued upward trend are 58%.
CPRT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
The Tickeron SMR rating for this company is 53 (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 Price Growth Rating for this company is 63 (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 74 (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 (2.772) is normal, around the industry mean (8.137). P/E Ratio (17.561) is within average values for comparable stocks, (60.108). Projected Growth (PEG Ratio) (2.678) is also within normal values, averaging (1.946). Dividend Yield (0.000) settles around the average of (0.013) among similar stocks. P/S Ratio (6.321) is also within normal values, averaging (9.694).
The Tickeron PE Growth Rating for this company is 84 (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 100 (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 84, placing this stock worse than average.
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Advertisement
Where Do I Find a Financial Advisor?
Academy: Read our Articles and Sign Up for Lessons
Netflix Q2 2025 Earnings Preview: 6.35% EPS Growth Expected Amid 7.58% Stock Surge
From Analysis to Action: AI Trading Bots Redefining Hedge Fund Operations
Seagate Technology's Remarkable Rally: A Comprehensive Analysis of STX's 136% Stock Price Surge
General Information
a provider of online auctions and vehicle remarketing services
Industry OfficeEquipmentSupplies
Advertisement