KMXConsumer Cyclical · Auto & Truck DealershipsThe 20 Wall Street analysts covering CarMax, Inc. hold a median 12-month price target of $60 — +11.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 70 of 100 as at 8 Oct 2026 — in the upper half. Here, the model and the Street point the same way.
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.
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): 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.
The bullish and bearish analyst opinions on KMX, reported as data — targets and ratings, the market's view beside the model's.
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
The green dot is the last close — the median target sits +11.5% from it.
Of the 20 most recent actions, 15 moved their price target up and 0 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 30 Sept 2026 | B of A Securities | Maintains | Underperform | $45 → $50 |
| 30 Sept 2026 | Baird | Maintains | Outperform | $64 → $70 |
| 30 Sept 2026 | Barclays | Maintains | Equal-Weight | $61 → $67 |
| 30 Sept 2026 | BNP Paribas | Reiterates | Underperform | $33 → $48 |
| 30 Sept 2026 | Morgan Stanley | Maintains | Equal-Weight | $47 → $53 |
| 30 Sept 2026 | RBC Capital | Maintains | Sector Perform | $45 → $56 |
| 30 Sept 2026 | Truist Securities | Maintains | Hold | $50 → $60 |
| 30 Sept 2026 | UBS | Maintains | Neutral | $57 → $62 |
| 25 Sept 2026 | Stephens & Co. | Maintains | Overweight | $66 → $74 |
| 23 Sept 2026 | Morgan Stanley | Maintains | Equal-Weight | $44 → $47 |
| 18 Sept 2026 | JP Morgan | Maintains | Neutral | $60 → $70 |
| 18 Sept 2026 | JP Morgan | Maintains | Neutral | — |
| 29 July 2026 | JP Morgan | Upgrade | Neutral | $38 → $60 |
| 29 July 2026 | JP Morgan | Upgrade | Neutral | — |
| 21 July 2026 | Barclays | Upgrade | Equal-Weight | — |
| 21 July 2026 | Barclays | Upgrade | Equal-Weight | $37 → $61 |
| 23 June 2026 | Morgan Stanley | Maintains | Equal-Weight | — |
| 23 June 2026 | Morgan Stanley | Maintains | Equal-Weight | $35 → $44 |
| 23 June 2026 | UBS | Maintains | Neutral | $42 → $57 |
| 23 June 2026 | UBS | Maintains | Neutral | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
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.
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 8 Oct 2026, CarMax, Inc. returned +21.3% against +16.2% for the S&P 500, dividends included.
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Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 29% of US stocks
Cheaper than 89% of US stocks
Cheaper than 64% of US stocks
Cheaper than 13% of US stocks
Higher than 66% of US stocks
Higher than 80% of US stocks
Higher than 10% of US stocks
Higher than 50% of US stocks
Higher than 50% of US stocks
Higher than 53% of US stocks
Higher than 57% of US stocks
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.
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 $7.8B and an enterprise value of $25.7B.
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.
Trailing P/E: 26.2×; forward P/E: 15.5× — 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.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
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 →
CarMax shares fell 5.8% since its Q2 results. Higher vehicle sales, cost discipline and CAF growth were accompanied by margin pressures and rising credit exposure.
Why it matters — KMX watchers may note the reported share decline alongside operating gains and concerns about margins and credit exposure.
Schaeffers Research outlined 25 stocks to avoid as October trading began, citing market volatility amid swings in Treasury yields and crude prices and changing sentiment following weaker-than-expected September payrolls data. The article also pointed to the upcoming FOMC meeting and further inflation and jobs data.
Why it matters — The item frames a broadly uncertain market backdrop relevant to KMX watchers, but the excerpt does not identify CarMax as one of the 25 stocks.
Zacks Investment Research highlights CarMax as a strong value stock, citing its Style Scores framework for identifying market-beating investment candidates. The piece positions CarMax as a standout pick within this value-focused screening approach.
Why it matters — A positive value-stock designation from Zacks signals to KMX watchers that the company is being recognized favorably by an independent research firm's quantitative ranking system.
CarMax reported its latest earnings, which initially caused the stock price to jump. However, the stock subsequently slipped the following day, falling below its pre-earnings price.
Why it matters — KMX watchers would care because the earnings report triggered a sharp price reversal, indicating investor reaction to the results may be short-lived.
CarMax announced it will host a Strategic Update webcast on November 3, 2026, from 8:00 to 9:30 a.m. ET. Company executives, including the CEO, CFO, and the head of CarMax Auto Finance, will discuss the Shift into GEAR strategy, growth priorities, and its multi-year financial framework.
Why it matters — KMX watchers will gain insight into the company's strategic direction, growth plans, and multi-year financial outlook directly from senior management.
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.
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. 70 out of 100 across roughly 4,600 US stocks as at 8 Oct 2026. None of this is personal advice — it does not consider your circumstances.
As at 8 Oct 2026, CarMax, Inc. ranks 70 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).
No one can know that. What the data says: the median 12-month target from 20 analysts implies +11.5% from the last close, and Ticker Nerd's factor model ranks CarMax, Inc. 70 out of 100 as at 8 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
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.
CarMax, Inc. returned +21.3% over the 12 months to 8 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.
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 most recent item we track (Zacks Investment Research, 8 Oct 2026): "CarMax Down 5.8% Since Q2 Earnings: Buy, Sell or Hold KMX?". CarMax shares fell 5.8% since its Q2 results. Higher vehicle sales, cost discipline and CAF growth were accompanied by margin pressures and rising credit exposure.
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
