ACVACopart Inc.
COPART INC (ACVA) is a vehicle auction company that connects buyers and sellers in the used car market, leveraging data-driven platforms to streamline wholesale transactions. The next catalyst is Sep 25, 2026 — CPRT Stock Upgraded, ACVA Do, which will test the company’s ability to maintain relevance in a competitive auction landscape amid shifting dealer demand and tech-driven disruption.
- Revenue in the most recent quarter was $3.80M, but net income was -$54.48M, reflecting a steep net margin of -1433.6% TTM.
- The company has $429.68M in shareholders’ equity and a debt-to-equity ratio of 0.18x.
- Earnings power remains constrained by low margins and high operational costs, with cash flow still in negative territory.
The Read
9% price move and subsequent gains from mid-2026 through Q2 2026 earnings.
The schedule
- Sun8Nov
This earnings report will test the company's ability to maintain margins and manage inventory in a volatile used-vehicle market. The outcome will reflect the impact of macroeconomic conditions on dealer demand and auction volumes.
- Sun7Feb
- Sun2May
- Sun25Jul
Past
- Wed30Sep
Actual outcome: Mixed · $10.50 at outcome
Price at outcome date was between bear floor ($8.02) and bull target ($12.04).
This event is likely to be a general news update or commentary on the vehicle-auction industry. It could influence investor sentiment but is unlikely to have a direct impact on ACVA's P&L.
- Tue29Sep
Actual outcome: Bull · $10.50 at outcome
Price reached or exceeded bull target ($10.03) at outcome date.
This news event will test the market's reaction to any strategic announcements or operational updates from ACVA. The outcome could influence investor sentiment and short-term price action.
- Fri25Sep
Actual outcome: Mixed · $10.45 at outcome
Price at outcome date was between bear floor ($8.36) and bull target ($12.55).
The upgrade of CPRT may indirectly influence ACVA's valuation, as both are in the auto auction space. This event could test the market's perception of the sector's growth potential.
- Sun9Aug
Actual outcome: Bull · $7.63 at outcome
ACV Auctions reported Q2 2026 earnings of $0.06 per share, matching the Zacks Consensus Estimate, and delivered record revenue of $214 million, up 10% year-over-year. The company also announced the nationwide rollout of its VIPER system and appointed a new CFO, signaling operational and strategic momentum. These developments, combined with strong EBITDA performance, drove the stock higher despite the EPS beat.
- Wed15Jul
Actual outcome: Bull · $7.73 at outcome
The stock trended upward, eventually surpassing the $7.90 bull target shortly after the outcome date. Positive momentum was supported by ACV's announcement of new integrated enhancements across its digital marketplace, designed to improve transaction speed and efficiency for dealers. This product update likely bolstered investor confidence in dealer demand and platform engagement ahead of the upcoming Q2 earnings report.
- Sat20Jun
Actual outcome: Bull · $7.19 at outcome
At the AutoTech & Dealer Conference, ACVA management provided highly positive updates on the accelerated deployment of its VIPER imaging towers, signaling strong dealer adoption and operational efficiency gains. Additionally, details surrounding the aggressive execution of their newly announced share repurchase program bolstered investor confidence in capital returns. These strong fundamental updates and capital allocation initiatives drove the stock up 12.9%, easily surpassing the bull target.
- Wed6May
Actual outcome: Bull · $5.97 at outcome
ACV Auctions delivered a strong Q1 2026, beating earnings and revenue estimates with record revenue and Adjusted EBITDA above the high-end of guidance. The company also announced a new share repurchase program, forecasted high-teens earnings growth for FY2026, and unveiled enhancements to its ACV MAX inventory intelligence suite. These robust financial results and shareholder-friendly initiatives drove bullish sentiment, ultimately pushing the stock past the $5.80 bull target.
- Mon23Feb
Actual outcome: Bear · $4.86 at outcome
ACVA reported Q4 2025 EPS of -$0.11, meeting consensus estimates, and delivered an EBITDA beat. However, the stock fell 14.4% and breached the bear floor as investors reacted negatively to top-line deceleration and the company's plans to increase reinvestments for 2026 market share growth.
