Copart, Inc. (NASDAQ:CPRT) is among the The 11 most oversold S&P 500 stocks heading into 2026. On Nov. 25, Barrington analyst Gary Prestopino maintained a Hold rating on the stock.
Stock market data shows an upward trajectory. Photo by Burak The Weekender on Pexels
This followed JPMorgan’s update on the stock a day earlier, when the company cut its price target from $50 to $45, maintaining a Neutral rating. On Nov. 21, Baird also lowered his price target to $52 from $55, citing continued insurance headwinds. However, the company maintained its previous Outperform rating on shares of Copart, Inc. (NASDAQ:CPRT).
At the close of trading on December 10, Wall Street analysts had a consensus Hold rating on the stock, with a one-year share price target of $48.89, representing 25% upside potential.
The company reported financial results for the first quarter of fiscal 2026 on Nov. 20, reporting earnings per diluted share of $0.41, which was up nearly 11% year-over-year and beat estimates by two cents. However, revenue growth was largely flat, rising less than 1% to $1.16 billion and below the $1.18 billion forecast.
Copart, Inc. (NASDAQ:CPRT) is a leading provider of online vehicle auction and remarketing services. The stock has had a tough 2025 and is down 33% so far this year. According to Insider Monkey’s database for the third quarter of 2025, 59 hedge funds have stakes in the company.
While we recognize CPRT’s potential as an investment, we believe certain AI stocks offer greater growth potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that’s also benefiting significantly from Trump-era tariffs and the offshoring trend, check out our free report on best short-term AI stock.
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Disclosure: None.