Wall Street Has a Mixed Opinion About ​Copart, Inc (CPRT), Here’s Why

​Copart, Inc. (NASDAQ:CPRT) is one of the Best Long Term Stocks to Buy Under $50. Wall Street has a mixed opinion about Copart, Inc. (NASDAQ:CPRT) after it released mixed results for the fiscal fourth quarter of 2025.

​The company topped EPS estimates with an EPS of $0.41, ahead by $0.05, but missed revenue estimates. Copart, Inc. (NASDAQ:CPRT) delivered $1.13 billion in revenue, which grew 5% year-over-year and fell short of the consensus by $9.93 million.

Why Copart Inc. (CPRT) Crashed On Friday

​Wall Street has a mixed opinion on the stock as the share price has fallen more than 8.2% since the release on September 4. On the earnings day, Wesley Brooks from HSBC upgraded the stock from Hold to Buy and also raised the price target from $56 to $62. However, later on September 5, J.P. Morgan analyst Jash Patwa reiterated a Hold rating on Copart, Inc. (NASDAQ:CPRT) with a $50 price target. On the same day, Jeff Lick from Stephens also reiterated a Hold rating and reduced the price target from $50 to $46. Overall, the analysts’ 12-month price target of $58 represents 26.50% upside from current levels.

​Copart, Inc. (NASDAQ:CPRT) operates online auctions for vehicle remarketing. It helps sellers like insurance companies and dealers sell vehicles using its internet auction technology.

While we acknowledge the potential of CPRT to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CPRT and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.