TICKERNERD
Menu
KMXKMXConsumer Cyclical · Auto & Truck Dealerships

KMX Stock Forecast: CarMax, Inc. Price Predictions for 2026-2027

Last close, 15 Oct 2026
$53
+5.60% on the day

The 20 Wall Street analysts covering CarMax, Inc. hold a median 12-month price target of $60 — +14.0% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 72 of 100 as at 14 Oct 2026 — in the upper half. Here, the model and the Street point the same way.

Market cap
$7.2B
Ticker Nerd rank
72 / 100
Median analyst target
$60
Analysts covering
20
Revenue$8.0B+6.2% y/y
Operating income$31.7M
Net income$185.6M
Free cash flow−$85.7M
Quarterly, 8 quarters to 31 May 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−2.2%
1M
−12.1%
YTD
+36.2%
1Y
+18.4%
From 52W high
−18.1%
From 52W low
+70.4%
$31
$64
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

KMX stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores CarMax, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 14 Oct 2026
72 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Issuance
99
Revisions
94
Accruals
75
Value
55
Momentum
55
Volatility
49
Growth
38
Quality
37
Size
18

Issuance (99): The share count has been shrinking and the company is not leaning on new borrowing.

Quality (37): Profits are thin or unreliable for the size of the business, or they are not turning into cash.

Size (18): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

KMX stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on KMX, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$30$40$50$60$70$80$90$100Jan 26Apr 26Jul 26Oct 26KMXHigh $96Median $60Low $43

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says20 analysts
3 Buy15 Hold2 Sell
Low $43Median $60High $96

The green dot is the last close — the median target sits +14.0% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 15 moved their price target up and 0 moved it down.

DateFirmActionRatingTarget
30 Sept 2026B of A SecuritiesMaintainsUnderperform$45 → $50
30 Sept 2026BairdMaintainsOutperform$64 → $70
30 Sept 2026BarclaysMaintainsEqual-Weight$61 → $67
30 Sept 2026BNP ParibasReiteratesUnderperform$33 → $48
30 Sept 2026Morgan StanleyMaintainsEqual-Weight$47 → $53
30 Sept 2026RBC CapitalMaintainsSector Perform$45 → $56
30 Sept 2026Truist SecuritiesMaintainsHold$50 → $60
30 Sept 2026UBSMaintainsNeutral$57 → $62
25 Sept 2026Stephens & Co.MaintainsOverweight$66 → $74
23 Sept 2026Morgan StanleyMaintainsEqual-Weight$44 → $47
18 Sept 2026JP MorganMaintainsNeutral$60 → $70
18 Sept 2026JP MorganMaintainsNeutral—
29 July 2026JP MorganUpgradeNeutral$38 → $60
29 July 2026JP MorganUpgradeNeutral—
21 July 2026BarclaysUpgradeEqual-Weight—
21 July 2026BarclaysUpgradeEqual-Weight$37 → $61
23 June 2026Morgan StanleyMaintainsEqual-Weight—
23 June 2026Morgan StanleyMaintainsEqual-Weight$35 → $44
23 June 2026UBSMaintainsNeutral$42 → $57
23 June 2026UBSMaintainsNeutral—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. KMX appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

KMX vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 15 Oct 2026, CarMax, Inc. returned +18.4% against +17.3% for the S&P 500, dividends included.

KMX vs S&P 500, last 12 monthsTotal return, rebased to 100
80100120140Jan 26Apr 26Jul 26Oct 26KMXS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

KMX analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+19.0%
Analysts raising
12
Analysts cutting
0
Fundamentals

CarMax, Inc. (KMX) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
24.1×

Cheaper than 31% of US stocks

Price / sales
0.2×

Cheaper than 90% of US stocks

Price / book
1.1×

Cheaper than 66% of US stocks

EV / EBITDA
22.3×

Cheaper than 13% of US stocks

Growth & margins
Revenue growth (YoY)
17.7%

Higher than 66% of US stocks

Earnings growth (YoY)
73.3%

Higher than 80% of US stocks

Gross margin
10.7%

Higher than 10% of US stocks

Operating margin
2.8%

Higher than 50% of US stocks

Net margin
1.0%

Higher than 50% of US stocks

Returns & dividend
Return on equity
4.7%

Higher than 53% of US stocks

Return on assets
1.8%

Higher than 57% of US stocks

Dividend yield
0.0%

Higher than 1% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

CarMax, Inc. (KMX) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • CarMax, Inc. has a market value of $7.2B and an enterprise value of $25.1B.

  • Revenue in the twelve months to 31 May 2026: $26.3B. The latest quarter grew 17.7% year on year.

  • Net income over the same four quarters: $222.5M, a 0.8% net margin.

  • Diluted earnings per share, trailing twelve months: $1.53.

  • Free cash flow in the twelve months to 31 May 2026: $994.3M, after $507.6M of capital spending.

  • CarMax, Inc. spent $441.1M on share buybacks in the twelve months to 31 May 2026.

  • Shares outstanding: 141.9M.

  • Trailing P/E: 24.1×; forward P/E: 14.2× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.00%, paying out 0% of earnings.

  • CarMax, Inc. employs 28,000 people — $941K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 31 May 2026 · market figures as at 15 Oct 2026

Data provided by Twelve Data

Peers

KMX vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelAuto & Truck Dealerships
CompanyMarket capTKN rank
KMXCarMax, Inc.$7.2B
72
LADLithia Motors, Inc.$6.4B
39
RUSHARush Enterprises, Inc.$5.4B
82
ANAutoNation, Inc.$5.3B
39
OPLNOPENLANE, Inc.$4.5B
71
PAGPenske Automotive Group, Inc.$12.8B
47
VVVValvoline, Inc.$3.9B
47

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own CarMax, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest KMX news & analysis

CarMax upgraded to 'buy' by Bank of America as pricing gains drive market share

Proactive Investors · 15 Oct 2026positive

Bank of America upgraded CarMax from 'underperform' to 'buy' and raised its price target from $50 to $65, citing improved price competitiveness and market-share gains. The bank expects FTC price-transparency rules and CarMax's pricing changes to support sales growth beyond the initial regulatory boost.

Why it matters — The upgrade highlights expectations that pricing changes and regulatory enforcement could contribute to CarMax's sales growth and market-share gains.

CarMax (KMX) Upgraded to Strong Buy: Here's Why

Zacks Investment Research · 15 Oct 2026positive

CarMax (KMX) was upgraded to Zacks Rank #1 (Strong Buy). The upgrade reflects growing optimism about the company’s earnings prospects.

Why it matters — KMX watchers may note the change in Zacks’ assessment of the company’s earnings outlook.

CarMax (KMX) Loses 15.3% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Zacks Investment Research · 15 Oct 2026positive

CarMax shares fell 15.3% over four weeks. The article says the stock is technically oversold and notes that Wall Street analysts have broadly revised earnings estimates higher, which it presents as a possible near-term trend reversal signal.

Why it matters — KMX watchers may note the combination of recent selling pressure, oversold conditions, and higher analyst earnings estimates cited in the article.

New Strong Buy Stocks for October 15th

Zacks Investment Research · 15 Oct 2026positive

Zacks Investment Research added CarMax (KMX), along with ACIC, ONC, ODD and WES, to its Zacks Rank #1 (Strong Buy) List on October 15, 2026.

Why it matters — The listing is a favorable Zacks ranking update that KMX watchers may want to note.

Best Value Stocks to Buy for October 15th

Zacks Investment Research · 15 Oct 2026positive

Zacks Investment Research included CarMax (KMX), ACIC and ZIM on its Zacks Rank #1 (Strong Buy) value stocks list for October 15, 2026.

Why it matters — KMX watchers may note that the company was included in Zacks' value stocks list for that date.

FAQ

Frequently asked questions about KMX stock

What is the KMX stock price forecast for 2026-2027?

The 20 Wall Street analysts covering CarMax, Inc. have a median 12-month price target of $60, with estimates ranging from $43 to $96. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is KMX stock a buy right now?

Of the 20 analysts covering CarMax, Inc., 3 rate it a Buy, 15 a Hold and 2 a Sell. Ticker Nerd's systematic factor model ranks CarMax, Inc. 72 out of 100 across roughly 4,600 US stocks as at 14 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank KMX?

As at 14 Oct 2026, CarMax, Inc. ranks 72 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Issuance (99 of 100).

Will KMX stock go up?

No one can know that. What the data says: the median 12-month target from 20 analysts implies +14.0% from the last close, and Ticker Nerd's factor model ranks CarMax, Inc. 72 out of 100 as at 14 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the KMX stock forecast for 2030?

No analyst covering CarMax, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for KMX are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $43 to $96 over the next 12 months.

How has KMX stock performed over the past year?

CarMax, Inc. returned +18.4% over the 12 months to 15 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does CarMax, Inc. do?

CarMax Inc. is a leading used vehicle retailer in the United States that offers a broad selection of pre-owned cars, trucks, and SUVs through a combination of physical stores and digital shopping tools.

What is the latest news on KMX?

The most recent item we track (Proactive Investors, 15 Oct 2026): "CarMax upgraded to 'buy' by Bank of America as pricing gains drive market share". Bank of America upgraded CarMax from 'underperform' to 'buy' and raised its price target from $50 to $65, citing improved price competitiveness and market-share gains. The bank expects FTC price-transparency rules and CarMax's pricing changes to support sales growth beyond the initial regulatory boost.

Company

About CarMax, Inc.

CarMax Inc. is a leading used vehicle retailer in the United States that offers a broad selection of pre-owned cars, trucks, and SUVs through a combination of physical stores and digital shopping tools. The company’s core business centers on buying, reconditioning, merchandising, and selling used vehicles, supported by vehicle service offerings and customer-friendly pricing. CarMax Inc. also operates CarMax Auto Finance, which provides financing solutions for retail vehicle buyers, adding an integrated lending component to its marketplace. In addition, the company participates in wholesale vehicle auctions, helping move inventory across its nationwide network. Its business model is built around a streamlined, omnichannel car-buying experience that serves individual consumers across multiple stages of ownership and financing. Founded in 1993 and headquartered in Richmond, Virginia, CarMax Inc. plays a major role in automotive retail and used-vehicle finance.

CEO Mr. Keith Barr · 28,000 employees · United States · https://www.carmax.com