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CarMax (KMX) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

KMX Stock Forecast

CarMax (KMX) stock forecast, based on 30 Wall Street analysts, predicts a 12-month average price target of $93.25, with a high of $103.00 and a low of $88.00. This represents a 37.68% increase from the last price of $67.73.

$65 $73 $81 $89 $97 $105 High: $103 Avg: $93.25 Low: $88 Last Closed Price: $67.73

KMX Stock Rating

CarMax stock's rating consensus is Buy, based on 30 Wall Street analysts. The breakdown includes 1 Strong Buy (3.33%), 16 Buy (53.33%), 12 Hold (40.00%), 1 Sell (3.33%), and 0 Strong Sell (0.00%).

Buy
Total 30 1 12 16 1 Strong Sell Sell Hold Buy Strong Buy

KMX Price Target Upside V Benchmarks

TypeNameUpside
StockCarMax37.68%
SectorConsumer Cyclical Stocks 27.48%
IndustryCar Dealership Stocks9.52%

Price Target Trends

1M3M12M
# Anlaysts2216
Avg Price Target$91.00$91.00$85.06
Last Closing Price$67.73$67.73$67.73
Upside/Downside34.36%34.36%25.59%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25484-319
Mar, 25565-319
Feb, 25556-319
Jan, 25556-319
Dec, 24557-320
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Apr 11, 2025Chris PierceNeedham$92.00$68.3634.58%35.83%
Mar 26, 2025Stephens$90.00$75.0719.89%32.88%
Dec 20, 2024Steven ShemeshRBC Capital$103.00$82.9024.25%52.07%
Dec 19, 2024Scot CiccarelliTruist Financial$88.00$84.234.48%29.93%
Sep 27, 2024Steven ShemeshRBC Capital$82.00$78.214.85%21.07%
Sep 27, 2024Michael MontaniEvercore ISI$79.00$77.322.17%16.64%
Sep 23, 2024Scot CiccarelliTruist Financial$75.00$76.39-1.82%10.73%
Aug 27, 2024Garrett NelsonCFRA$100.00$84.4118.47%47.65%
Jul 17, 2024Seth BashamWedbush$95.00$84.0213.07%40.26%
Jun 24, 2024Steven ShemeshRBC Capital$75.00$71.365.10%10.73%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Apr 11, 2025RBC CapitalOutperformOutperformhold
Apr 11, 2025NeedhamBuyBuyhold
Mar 26, 2025StephensEqual-WeightOverweightupgrade
Feb 03, 2025NeedhamBuyBuyhold
Dec 20, 2024RBC CapitalOutperformOutperformhold
Oct 22, 2024WedbushBuyBuyhold
Oct 03, 2024Truist FinancialUnderperformUnderperformhold
Sep 27, 2024Evercore ISIPositivePositivehold
Sep 26, 2024RBC CapitalOutperformOutperformhold
Sep 17, 2024WedbushBuyBuyhold

Financial Forecast

EPS Forecast

$2 $3 $4 $5 $6 $7 $8 Mar 21 Mar 22 Mar 23 Feb 24 Mar 25 Mar 26 Mar 27
Mar 21Mar 22Mar 23Feb 24Mar 25Mar 26Mar 27
Reported---$3.03---
Avg Forecast$4.50$7.19$2.81$2.95$3.21$3.88$4.57
High Forecast$4.69$7.50$2.94$3.03$3.28$4.05$5.56
Low Forecast$4.30$6.87$2.64$2.86$3.11$3.65$3.80
Surprise %---2.71%---

Revenue Forecast

$15B $19B $23B $27B $31B $35B Mar 21 Mar 22 Mar 23 Feb 24 Mar 25 Mar 26 Mar 27
Mar 21Mar 22Mar 23Feb 24Mar 25Mar 26Mar 27
Reported---$26.54B---
Avg Forecast$18.97B$31.72B$30.01B$26.73B$26.25B$27.13B$28.74B
High Forecast$19.60B$32.77B$31.06B$27.00B$26.64B$28.47B$30.09B
Low Forecast$18.33B$30.64B$28.63B$26.56B$25.59B$25.42B$27.39B
Surprise %----0.72%---

Net Income Forecast

$350M $510M $670M $830M $990M $1B Mar 21 Mar 22 Mar 23 Feb 24 Mar 25 Mar 26 Mar 27
Mar 21Mar 22Mar 23Feb 24Mar 25Mar 26Mar 27
Reported---$479.20M---
Avg Forecast$609.81M$937.14M$446.08M$497.95M$510.60M$591.76M$676.26M
High Forecast$731.77M$1.12B$466.20M$597.54M$521.16M$642.44M$882.21M
Low Forecast$487.85M$749.71M$419.27M$398.36M$492.99M$579.96M$602.79M
Surprise %----3.76%---

KMX Forecast FAQ

Is CarMax stock a buy?

CarMax stock has a consensus rating of Buy, based on 30 Wall Street analysts. The rating breakdown includes 1 Strong Buy, 16 Buy, 12 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that CarMax is a favorable investment for most analysts.

What is CarMax's price target?

CarMax's price target, set by 30 Wall Street analysts, averages $93.25 over the next 12 months. The price target range spans from $88 at the low end to $103 at the high end, suggesting a potential 37.68% change from the previous closing price of $67.73.

How does CarMax stock forecast compare to its benchmarks?

CarMax's stock forecast shows a 37.68% upside, outperforming the average forecast for the consumer cyclical stocks sector (27.48%) and outperforming the car dealership stocks industry (9.52%).

What is the breakdown of analyst ratings for CarMax over the past three months?

  • April 2025: 21.05% Strong Buy, 42.11% Buy, 21.05% Hold, 0% Sell, 15.79% Strong Sell.
  • March 2025: 26.32% Strong Buy, 31.58% Buy, 26.32% Hold, 0% Sell, 15.79% Strong Sell.
  • February 2025: 26.32% Strong Buy, 26.32% Buy, 31.58% Hold, 0% Sell, 15.79% Strong Sell.

What is CarMax’s EPS forecast?

CarMax's average annual EPS forecast for its fiscal year ending in March 2025 is $3.21, marking a 5.94% increase from the reported $3.03 in 2024. Estimates for the following years are $3.88 in 2026, and $4.57 in 2027.

What is CarMax’s revenue forecast?

CarMax's average annual revenue forecast for its fiscal year ending in March 2025 is $26.25B, reflecting a -1.06% decrease from the reported $26.54B in 2024. The forecast for 2026 is $27.13B, and $28.74B for 2027.

What is CarMax’s net income forecast?

CarMax's net income forecast for the fiscal year ending in March 2025 stands at $510.6M, representing an 6.55% increase from the reported $479.2M in 2024. Projections indicate $591.76M in 2026, and $676.26M in 2027.