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KMX Stock Forecast 2026-2027
$40.88
Current Price
$5.80B
Market Cap
Buy 2
Hold 13
Sell 4
Wall St Analyst Ratings
Distance to KMX Price Targets
+142.2%
To High Target of $99.00
-7.0%
To Median Target of $38.00
-53.5%
To Low Target of $19.00
KMX Price Momentum
-16.7%
1 Week Change
-2.3%
1 Month Change
-36.7%
1 Year Change
+5.8%
Year-to-Date Change
-43.2%
From 52W High of $71.99
+35.1%
From 52W Low of $30.26
📊 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 31 Wall Street analysts, KMX has a neutral consensus with a median price target of $38.00 (ranging from $19.00 to $99.00). The overall analyst rating is Buy (6.0/10). Currently trading at $40.88, the median forecast implies a -7.0% downside. This outlook is supported by 2 Buy, 13 Hold, and 4 Sell ratings.
The most optimistic forecast comes from Chris Pierce at Needham, projecting a 142.2% upside.
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
2
Buy
13
Hold
4
Sell
KMX Price Target Range
Low
$19.00
Average
$38.00
High
$99.00
Current: $40.88
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 |
|---|---|---|---|---|---|
| Apr 16, 2026 | Barclays | John Babcock | Underweight | Maintains | $26.00 |
| Apr 15, 2026 | JP Morgan | Rajat Gupta | Underweight | Maintains | $35.00 |
| Apr 10, 2026 | Evercore ISI Group | Michael Montani | In-Line | Maintains | $45.00 |
| Apr 7, 2026 | Evercore ISI Group | Michael Montani | In-Line | Maintains | $40.00 |
| Apr 2, 2026 | Stephens & Co. | Jeff Lick | Equal-Weight | Maintains | $43.00 |
| Mar 17, 2026 | Evercore ISI Group | Michael Montani | In-Line | Maintains | $39.00 |
| Feb 18, 2026 | Baird | Craig Kennison | Outperform | Maintains | $48.00 |
| Feb 10, 2026 | Evercore ISI Group | Michael Montani | In-Line | Maintains | $42.00 |
| Feb 3, 2026 | Evercore ISI Group | Michael Montani | In-Line | Maintains | $40.00 |
| Jan 21, 2026 | Barclays | John Babcock | Underweight | Maintains | $28.00 |
| Dec 19, 2025 | Barclays | John Babcock | Underweight | Maintains | $24.00 |
| Dec 19, 2025 | JP Morgan | Rajat Gupta | Underweight | Maintains | $28.00 |
| Dec 19, 2025 | Wedbush | Scott Devitt | Neutral | Maintains | $36.00 |
| Dec 19, 2025 | RBC Capital | Steven Shemesh | Sector Perform | Maintains | $37.00 |
| Dec 19, 2025 | Truist Securities | Scot Ciccarelli | Hold | Maintains | $37.00 |
| Dec 19, 2025 | Mizuho | David Bellinger | Neutral | Maintains | $36.00 |
| Dec 19, 2025 | B of A Securities | John Murphy | Underperform | Maintains | $31.00 |
| Dec 19, 2025 | Stephens & Co. | Jeff Lick | Equal-Weight | Maintains | $36.00 |
| Dec 9, 2025 | Evercore ISI Group | Michael Montani | In-Line | Maintains | $37.00 |
| Nov 18, 2025 | Wedbush | Scott Devitt | Neutral | Reiterates | $40.00 |
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 $5.80B with a P/E ratio of 24.3x. The company generates $27.76B in trailing twelve-month revenue with a 0.9% profit margin.
Revenue growth is -1.2% quarter-over-quarter, while maintaining an operating margin of +1.8% and return on equity of +4.1%.
Valuation Metrics
Market Cap
$5.80B
Enterprise Value
$24.41B
P/E Ratio
24.3x
PEG Ratio
-0.1x
Price/Sales
0.2x
Growth & Margins
Revenue Growth (YoY)
-1.2%
Gross Margin
+10.2%
Operating Margin
+1.8%
Net Margin
+0.9%
EPS Growth
-1.0%
Financial Health
Cash/Price Ratio
+2.1%
Current Ratio
2.2x
Debt/Equity
318.2x
ROE
+4.1%
ROA
+1.6%
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CarMax Inc. (KMX) Business Model
About CarMax Inc.
What They Do
Retailer of used vehicles in the U.S.
Business Model
The company generates revenue primarily through the sale of used vehicles, offering a no-haggle purchasing experience. It also earns income from vehicle reconditioning, repair services, extended protection plans, and financing options provided through its CarMax Auto Finance segment, catering to retail buyers.
Additional Information
Founded in 1993 and headquartered in Richmond, Virginia, CarMax Inc. emphasizes transparency and quality assurance in the used vehicle market. The company supports a diverse inventory that includes luxury, hybrid, and electric vehicles, leveraging digital tools and customer-focused service to enhance the buying experience.
Company Information
Sector
Consumer Cyclical
Industry
Auto & Truck Dealerships
Employees
30,048
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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Zacks Investment Research
CarMax Gears Up to Report Q4 Earnings: Here's What to Expect
KMX heads into Q4 earnings with falling EPS forecasts as soft used-car demand weigh on expectations.
Apr 08, 2026
By Zacks Equity Research
Analyst Blog
Latest News
Here's Why CarMax Shares Slumped This Week
2 days ago
Quick Summary
Vehicle price reductions led to slight sales growth but decreased gross profit. The new CEO aims for $200 million in expense cuts by fiscal 2027 to adapt to market conditions.
Why It Matters
Lower vehicle prices may indicate pricing pressures affecting margins, while the CEO's expense cuts signal a strategy to improve profitability. This could affect future earnings and stock performance.
Source: The Motley Fool
Market Sentiment:
Neutral
Is CarMax Stock Oversold?
2 days ago
Quick Summary
CarMax's fiscal Q4 revenue decreased slightly, but retail unit sales improved. The company has paused its share repurchase program to manage its balance sheet.
Why It Matters
CarMax's revenue dip signals potential challenges, but improving sales trends may indicate recovery. Pausing share buybacks suggests a focus on financial stability, affecting investor confidence and stock performance.
Source: The Motley Fool
Market Sentiment:
Positive
Quick Summary
CarMax reported a loss as it enacts a turnaround strategy, including price cuts, to regain competitiveness in the used-car market.
Why It Matters
CarMax's loss signals potential volatility and challenges in the used-car market, impacting investor confidence and future profitability amid its turnaround efforts.
Source: WSJ
Market Sentiment:
Negative
Quick Summary
CarMax reported a fourth-quarter loss due to a goodwill impairment charge and declining margins on used vehicles.
Why It Matters
CarMax's fourth-quarter loss signals financial instability, impacting investor confidence. Goodwill impairment and shrinking margins suggest ongoing challenges in the used car market, affecting future earnings.
Source: Reuters
Market Sentiment:
Negative
Quick Summary
The retailer was removed from the S&P 500 index in late 2022.
Why It Matters
Being removed from the S&P 500 often signals declining company health, potentially leading to decreased investor confidence and stock price volatility.
Source: Investors Business Daily
Market Sentiment:
Negative
Why CarMax Stock Just Crashed
5 days ago
Quick Summary
CarMax reported better-than-expected non-GAAP profits for Q4, but posted a loss under GAAP accounting standards.
Why It Matters
CarMax's earnings report shows mixed signals; strong non-GAAP performance contrasts with GAAP losses, indicating potential volatility and differing financial health measures that investors must consider.
Source: The Motley Fool
Market Sentiment:
Neutral
Frequently Asked Questions About KMX Stock
What is CarMax Inc.'s (KMX) stock forecast for 2026?
Based on our analysis of 31 Wall Street analysts, CarMax Inc. (KMX) has a median price target of $38.00. The highest price target is $99.00 and the lowest is $19.00.
Is KMX stock a good investment in 2026?
According to current analyst ratings, KMX has 2 Buy ratings, 13 Hold ratings, and 4 Sell ratings. The stock is currently trading at $40.88. 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 $38.00 in the next 12 months. This represents a -7.0% decrease from the current price of $40.88. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is CarMax Inc.'s business model?
The company generates revenue primarily through the sale of used vehicles, offering a no-haggle purchasing experience. It also earns income from vehicle reconditioning, repair services, extended protection plans, and financing options provided through its CarMax Auto Finance segment, catering to retail buyers.
What is the highest forecasted price for KMX CarMax Inc.?
The highest price target for KMX is $99.00 from Chris Pierce at Needham, which represents a 142.2% increase from the current price of $40.88.
What is the lowest forecasted price for KMX CarMax Inc.?
The lowest price target for KMX is $19.00 from at , which represents a -53.5% decrease from the current price of $40.88.
What is the overall KMX consensus from analysts for CarMax Inc.?
The overall analyst consensus for KMX is neutral. Out of 31 Wall Street analysts, 2 rate it as Buy, 13 as Hold, and 4 as Sell, with a median price target of $38.00.
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: April 20, 2026 3:13 AM UTC