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KMX Stock Forecast 2025-2026
$68.78
Current Price
$10.60B
Market Cap
Buy 12
Hold 4
Sell 3
Wall St Analyst Ratings
Distance to KMX Price Targets
+77.6%
To High Target of $122.13
+19.9%
To Median Target of $82.50
-24.4%
To Low Target of $52.00
KMX Price Momentum
-2.1%
1 Week Change
+4.7%
1 Month Change
-5.8%
1 Year Change
-15.9%
Year-to-Date Change
-24.6%
From 52W High of $91.25
+12.1%
From 52W Low of $61.34
📊 TOP ANALYST CALLS
Did KMX Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if CarMax is one of their latest high-conviction picks.
Latest KMX Stock Price Targets & Analyst Predictions
Based on our analysis of 27 Wall Street analysts, KMX has a bullish consensus with a median price target of $82.50 (ranging from $52.00 to $122.13). The overall analyst rating is Buy (7.8/10). Currently trading at $68.78, the median forecast implies a 19.9% upside. This outlook is supported by 12 Buy, 4 Hold, and 3 Sell ratings.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
KMX Analyst Ratings
12
Buy
4
Hold
3
Sell
KMX Price Target Range
Low
$52.00
Average
$82.50
High
$122.13
Current: $68.78
Latest KMX Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for KMX.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Jul 3, 2025 | Mizuho | David Bellinger | Neutral | Maintains | $78.00 |
| Jul 1, 2025 | Morgan Stanley | Daniela Haigian | Overweight | Assumes | $80.00 |
| Jun 23, 2025 | Truist Securities | Scot Ciccarelli | Hold | Maintains | $74.00 |
| Jun 23, 2025 | RBC Capital | Steven Shemesh | Outperform | Maintains | $81.00 |
| Jun 23, 2025 | Needham | Chris Pierce | Buy | Reiterates | $92.00 |
| Jun 18, 2025 | Wedbush | Scott Devitt | Outperform | Reiterates | $90.00 |
| May 28, 2025 | Evercore ISI Group | Michael Montani | Outperform | Maintains | $84.00 |
| May 19, 2025 | Wedbush | Scott Devitt | Outperform | Reiterates | $90.00 |
| Apr 21, 2025 | Wedbush | Seth Basham | Outperform | Maintains | $90.00 |
| Apr 16, 2025 | Wedbush | Seth Basham | Outperform | Reiterates | $90.00 |
| Apr 11, 2025 | Baird | Craig Kennison | Outperform | Maintains | $90.00 |
| Apr 11, 2025 | Wedbush | Seth Basham | Outperform | Maintains | $90.00 |
| Apr 11, 2025 | RBC Capital | Steven Shemesh | Outperform | Maintains | $80.00 |
| Apr 11, 2025 | Needham | Chris Pierce | Buy | Maintains | $92.00 |
| Apr 1, 2025 | Wedbush | Seth Basham | Outperform | Reiterates | $100.00 |
| Mar 27, 2025 | JP Morgan | Rajat Gupta | Underweight | Maintains | $65.00 |
| Mar 11, 2025 | Evercore ISI Group | Michael Montani | Outperform | Maintains | $105.00 |
| Feb 3, 2025 | Needham | Chris Pierce | Buy | Maintains | $101.00 |
| Dec 20, 2024 | Needham | Chris Pierce | Buy | Maintains | $98.00 |
| Dec 20, 2024 | RBC Capital | Steven Shemesh | Outperform | Maintains | $103.00 |
CarMax Inc. (KMX) Competitors
The following stocks are similar to CarMax based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
CarMax Inc. (KMX) Financial Data
CarMax Inc. has a market capitalization of $10.60B with a P/E ratio of 19.5x. The company generates $28.67B in trailing twelve-month revenue with a 1.9% profit margin.
Revenue growth is +6.2% quarter-over-quarter, while maintaining an operating margin of +3.9% and return on equity of +9.0%.
Valuation Metrics
Market Cap
$10.60B
Enterprise Value
$29.31B
P/E Ratio
19.5x
PEG Ratio
18.7x
Price/Sales
0.4x
Growth & Margins
Revenue Growth (YoY)
+6.2%
Gross Margin
+11.8%
Operating Margin
+3.9%
Net Margin
+1.9%
EPS Growth
+38.0%
Financial Health
Cash/Price Ratio
+2.5%
Current Ratio
2.4x
Debt/Equity
310.0x
ROE
+9.0%
ROA
+2.0%
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CarMax Inc. (KMX) Business Model
About CarMax Inc.
What They Do
Largest used-car retailer in the U.S.
Business Model
CarMax operates a no-haggle pricing model that simplifies the car buying process, allowing customers to purchase vehicles transparently without negotiating prices. The company generates revenue through vehicle sales, trade-ins, financing options, and value-added services such as extended warranties.
Additional Information
Founded in 1993, CarMax has over 220 locations nationwide and combines an online platform with traditional retail to enhance customer experience. It plays a significant role in modernizing car sales and influences industry standards.
Company Information
Sector
Consumer Cyclical
Industry
Auto & Truck Dealerships
Employees
30,000
CEO
Mr. William D. Nash C.P.A.
Country
United States
IPO Year
1997
Website
www.carmax.comCarMax Inc. (KMX) Latest News & Analysis
Featured Analysis
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Latest News
Quick Summary
CarMax, Inc. (KMX) reported first-quarter financial results that exceeded expectations.
Why It Matters
CarMax's stronger-than-expected financial results may signal robust demand and effective management, potentially boosting investor confidence and stock performance.
Source: Benzinga
Market Sentiment:
Positive
Buy, Sell Or Hold CarMax Stock?
14 days ago
Quick Summary
CarMax (NYSE: KMX) stock rose nearly 6% after Q1 results showed revenue of $7.55 billion, up 6% year-over-year, and earnings of $1.38 per share, surpassing expectations.
Why It Matters
CarMax's strong Q1 results and earnings beat signal robust performance, boosting investor confidence and potentially leading to increased stock value and market interest.
Source: Forbes
Market Sentiment:
Positive
Quick Summary
RBC Capital's Steven Shemesh upgraded CarMax (KMX) to Outperform and increased the price target from $80 to $81.
Why It Matters
RBC's upgrade and price target increase for CarMax indicate positive growth expectations, potentially boosting investor confidence and stock performance.
Source: Benzinga
Market Sentiment:
Positive
Quick Summary
CarMax is upgraded from sell to hold following strong 1Q26 results and retail growth. Concerns remain over credit quality and loan loss provisions in the finance segment.
Why It Matters
CarMax's upgrade reflects strong Q1 growth and effective management strategies, balancing concerns over credit quality and loan losses, which could affect future earnings.
Source: Seeking Alpha
Market Sentiment:
Positive
Quick Summary
The used-car retailer exceeded first-quarter earnings expectations, with same-store sales increasing by 8.1%.
Why It Matters
Beating earnings expectations and a significant rise in same-store sales indicate strong demand and operational efficiency, potentially boosting the retailer's stock price and investor confidence.
Source: Barrons
Market Sentiment:
Positive
CarMax pops on strong Q1 results
17 days ago
Quick Summary
Phil Lebeau from CNBC reported on "Squawk on the Street" regarding CarMax's latest earnings details.
Why It Matters
CarMax's earnings report can influence stock performance, reflecting consumer demand, pricing trends, and overall market conditions in the automotive sector.
Source: CNBC Television
Market Sentiment:
Positive
Frequently Asked Questions About KMX Stock
What is CarMax Inc.'s (KMX) stock forecast for 2026?
Based on our analysis of 27 Wall Street analysts, CarMax Inc. (KMX) has a median price target of $82.50. The highest price target is $122.13 and the lowest is $52.00.
Is KMX stock a good investment in 2026?
According to current analyst ratings, KMX has 12 Buy ratings, 4 Hold ratings, and 3 Sell ratings. The stock is currently trading at $68.78. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for KMX stock?
Wall Street analysts predict KMX stock could reach $82.50 in the next 12 months. This represents a 19.9% increase from the current price of $68.78. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is CarMax Inc.'s business model?
CarMax operates a no-haggle pricing model that simplifies the car buying process, allowing customers to purchase vehicles transparently without negotiating prices. The company generates revenue through vehicle sales, trade-ins, financing options, and value-added services such as extended warranties.
What is the highest forecasted price for KMX CarMax Inc.?
The highest price target for KMX is $122.13 from at , which represents a 77.6% increase from the current price of $68.78.
What is the lowest forecasted price for KMX CarMax Inc.?
Price targets from Wall Street analysts for KMX are not currently available. The stock is trading at $68.78.
What is the overall KMX consensus from analysts for CarMax Inc.?
The overall analyst consensus for KMX is bullish. Out of 27 Wall Street analysts, 12 rate it as Buy, 4 as Hold, and 3 as Sell, with a median price target of $82.50.
How accurate are KMX stock price projections?
Stock price projections, including those for CarMax Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: July 8, 2025 3:24 AM UTC