Added to YB: 2026-08-17
Pitch date: 2026-08-13
CPRT [neutral]
Copart, Inc.
+6.43%
current return
Author Info
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Company Info
Copart, Inc. provides online auctions and vehicle remarketing services in the United States, the United Kingdom, Germany, Brazil, Canada, the United Arab Emirates, Spain, Finland, Oman, the Republic of Ireland, and Bahrain.
Market Cap
$29.3B
Pitch Price
$29.70
Price Target
N/A
Dividend
N/A
EV/EBITDA
12.61
P/E
19.63
EV/Sales
5.43
Sector
Commercial Services and Supplies
Category
growth
The Impact of Autonomous Vehicles on Copart, A Timeline-Based Assessment - ($CPRT)
CPRT (holding update): AV analysis. Near-term (2026-2035) bullish: rising total-loss frequency (23.1% today toward low-30s by 2035) + newer, sensor-rich vehicles at auction offset falling crash counts, driving double-digit-capable growth. Long-term (2040s+) crashes halve, forcing pivot from salvage auctioneer to fleet-decommissioning/recycling infrastructure utility (leveraging 21,000+ acres). Risks: earlier frequency/severity crossover, fleet self-insurance, weaker export arbitrage, IAA competition.
Read full article (15 min)