JPMorgan lowered price target on Copart due to market challenges.
Copart, Inc. (NASDAQ:CPRT) reported Q3 2025 results, with revenue at $1.21 billion, a 7.49% increase YoY but missed expectations by $17.1 million. EPS of $0.42 met market expectations. JPMorgan lowered price target from $60 to $55 and noted challenges due to market softness.
Qualivian Investment Partners cited Copart, Inc. (NASDAQ:CPRT) as a key player in online auctions, highlighting its position as a top player in the sector. The company’s Virtual Bidding Third Generation auction technology sets it apart in the industry.
Copart, Inc. (NASDAQ:CPRT) is a major player in online vehicle auctions and remarketing services. It offers a platform for selling vehicles online using its proprietary auction technology. The company’s prominence in the sector is noted by various investors and analysts.
A busy car auction at a top dealership showcased active bidding between buyers and sellers. The event highlighted the engagement and interest in the automotive auction space, with participants actively involved in the process.
Investors are advised to consider AI stocks with potentially higher upside and lower downside risks compared to CPRT. While CPRT offers investment potential, other AI stocks may present more lucrative opportunities in the current market landscape.
Read more at Yahoo Finance: JPMorgan Lowered PT on Copart (CPRT), Kept a Neutral Rating, Here’s Why