Copart

CPRT

Market cap $43.1B

LAS VEGAS--(BUSINESS WIRE)--From the floor at ITC Vegas 2025, One Inc, the leading digital payments network for the insurance industry, today announced a groundbreaking collaboration with Copart, Inc. (NASDAQ: CPRT), the global leader in online vehicle auctions, to both modernize and expedite lienholder payments for total loss vehicle claims. This collaboration integrates One Inc's ClaimsPay® platform with Copart's Title Express and Loan Payoff system, delivering faster, more accurate payments.

Alphabet was a top contributor to portfolio performance during the quarter, as the Company's AI initiatives are driving strong growth in their advertising and cloud computing businesses. Taiwan Semiconductor Manufacturing Company was also a leading contributor to performance during the third quarter (as well as the past few years). Copart detracted from performance despite +12% growth in gross profit dollars and a +24% increase in earnings per share.

Argent Capital Management LLC pared its holding in Copart (CPRT 1.59%) by 1,262,984 shares during Q3 2025, an estimated $59.52 million trade based on the average price for the quarter, according to an SEC filing dated October 14, 2025.

Copart, Inc. (CPRT) concluded the recent trading session at $44.57, signifying a -1.15% move from its prior day's close.

Copart (NASDAQ:CPRT), a global online vehicle auction platform centered on auto salvaging, is slated to announce its Q4 FY'25 earnings (for the July 2025 quarter) on September 3, which will likely show an upward trend in sales volumes. Consensus estimates indicate a revenue of approximately $1.14 billion for the quarter, reflecting a 6% increase compared to the previous year, while earnings per share are projected to be $0.36, representing a $0.03 rise from last year's figures.

Copart operates in a virtual duopoly, boasts strong cash flows, and is expanding internationally with high returns on equity. CPRT's stock price has declined despite robust fundamentals, creating an attractive valuation near historical buyback levels. We expect imminent share buybacks, supported by board authorization, excess cash, and a history of accretive repurchases at similar P/E multiples.

After a multiyear run-up, Copart (CPRT 0.02%) shares have fallen from grace in 2025. The salvage-auction leader's stock is trading about 30% below its 52-week high as investors digest softer trends in the auto ecosystem and a reset in expectations.

Copart, Inc. (CPRT) receives a hold rating due to a mixed setup of structural strengths and near-term headwinds. CPRT benefits from strong pricing power, digital platform leadership, and diversification into non-insurance segments, supporting its long-term growth story. Near-term concerns include declining insurance volumes, weaker assignment trends, and a shrinking insured vehicle pool, limiting immediate upside for CPRT.

Shares of Copart (CPRT -3.04%), which runs online auctions for automobiles approaching (or at) their end of life, including for spare parts, slumped 4.1% through 2 p.m. ET Friday despite the company reporting better than expected earnings in its fiscal fourth-quarter 2025 report last night.

CPRT fourth-quarter earnings beat estimates with a 24% jump, while revenues rise year over year despite missing estimates.