Copart's Trading Volume Drops 30.2% to $524 Million Ranking 160th in Market Activity

On May 28, 2025, Copart's trading volume reached $524 million, a 30.2% decrease from the previous day, ranking 160th in the day's stock market activity. Copart's stock price fell by 1.46%, marking the seventh consecutive day of decline, with a total decrease of 18.47% over the past week.

Analysts have expressed concerns about Copart's stock performance, citing several negative signals despite an overall positive trend. This has led to a belief that Copart may perform weakly in the coming days or weeks.

JPMorgan Chase & Co. has set a new price target of $55.00 for Copart, reflecting the market's cautious outlook on the company's near-term prospects.

Copart's recent earnings report has led analysts to cut their price targets on the stock by an average of 5%. This adjustment comes as the company faces challenges such as weak revenue, which have contributed to the stock's downward trend.