Copart’s Q1/26 Mixed Results and Inventory Challenges Lead to Hold Rating
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Barrington analyst Gary Prestopino maintains a Hold rating on Copart (CPRT) due to mixed Q1/26 results. Revenue and EPS slightly exceeded expectations, but U.S. inventory declined by over 17% year-over-year. Despite strong balance sheet, challenges include decreased insurance units processed and U.S. service revenue. TR | OpenAI – 4o also reiterated a Hold rating with a $45.00 price target.
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