---
title: "Copart Stock Drops After Q2 Earnings: Here's Why"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/276385551.md"
description: "Copart, Inc. (NASDAQ:CPRT) shares fell after the company reported Q2 earnings, missing estimates with earnings of 36 cents per share against a consensus of 40 cents, and revenue of $1.12 billion below the expected $1.14 billion. The stock dropped 11.16% in after-hours trading, closing at $33.45. Analysts maintain a Buy rating with an average price target of $36.27, though some have adjusted their targets, with JPMorgan lowering to $45 and Barclays raising to $33."
datetime: "2026-02-19T22:01:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/276385551.md)
  - [en](https://longbridge.com/en/news/276385551.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/276385551.md)
---

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# Copart Stock Drops After Q2 Earnings: Here's Why

**Copart, Inc.** (NASDAQ:CPRT) shares dropped in Thursday's extended trading after the company released its second-quarter earnings report, missing estimates on the top and bottom lines.

Here's a look at the details from the quarter. 

-   **CPRT stock is moving. Watch the price action here.**

## **Q2 Details**

Copart reported quarterly earnings of 36 cents per share, which missed the consensus estimate of 40 cents, according to data from Benzinga Pro.

Quarterly revenue of $1.12 billion missed the Street estimate of $1.14 billion and was down from $1.16 billion in the same period last year.

The company will hold a conference call on Thursday at 5:30 p.m. ET to discuss the results.

## **Expert Ideas**

Copart stock carries a **Buy** rating with an average price target of $36.27.

Recent analyst moves include:

**JPMorgan:** Neutral (Lowers target to $45 on Nov. 24, 2025)  
**Barclays**: Underweight (Raises target to $33 on Nov. 21, 2025)  
**Baird:** Outperform (Lowers target to $52 on Nov. 21, 2025)

**CPRT Price Action:** Copart shares were down 0.26% during regular trading and down 11.16% in after-hours trading on Thursday, last trading at $33.45, according to Benzinga Pro data.

_Photo: ChristianLphoto / Shutterstock_

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