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CarMax (KMX) Stock Forecast, Price Target & Predictions

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KMX Stock Forecast

CarMax (KMX) stock forecast, based on 12 Wall Street analysts, predicts a 12-month average price target of $92.50, with a high of $103.00 and a low of $79.00. This represents a 7.93% increase from the last price of $85.70.

$65 $73 $81 $89 $97 $105 High: $103 Avg: $92.5 Low: $79 Last Closed Price: $85.7

KMX Stock Rating

CarMax stock's rating consensus is Buy, based on 12 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 8 Buy (66.67%), 4 Hold (33.33%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 12 4 8 0 Strong Sell Sell Hold Buy Strong Buy

KMX Forecast vs Benchmarks

TypeNameUpside
StockCarMax7.93%
SectorConsumer Cyclical Stocks 4.57%
IndustryCar Dealership Stocks-3.70%

Price Target Trends

1M3M12M
# Anlaysts-222
Avg Price Target-$95.50$83.86
Last Closing Price$85.70$85.70$85.70
Upside/Downside-11.44%-2.15%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25556-319
Dec, 24557-320
Nov, 244581321
Oct, 245683325
Sep, 245683325
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 20, 2024Steven ShemeshRBC Capital$103.00$82.9024.25%20.19%
Dec 19, 2024Scot CiccarelliTruist Financial$88.00$84.234.48%2.68%
Sep 27, 2024Steven ShemeshRBC Capital$82.00$78.214.85%-4.32%
Sep 27, 2024Michael MontaniEvercore ISI$79.00$77.322.17%-7.82%
Sep 23, 2024Scot CiccarelliTruist Financial$75.00$76.39-1.82%-12.49%
Aug 27, 2024Garrett NelsonCFRA$100.00$84.4118.47%16.69%
Jul 17, 2024Seth BashamWedbush$95.00$84.0213.07%10.85%
Jun 24, 2024Steven ShemeshRBC Capital$75.00$71.365.10%-12.49%
Jun 24, 2024Chris PierceNeedham$87.00$72.6819.70%1.52%
Jun 21, 2024Scot CiccarelliTruist Financial$70.00$71.63-2.28%-18.32%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Dec 20, 2024RBC CapitalOutperformOutperformhold
Oct 22, 2024WedbushBuyBuyhold
Oct 03, 2024Truist FinancialUnderperformUnderperformhold
Sep 27, 2024Evercore ISIPositivePositivehold
Sep 26, 2024RBC CapitalOutperformOutperformhold
Sep 17, 2024WedbushBuyBuyhold
Aug 16, 2024WedbushBuyBuyhold
Jul 17, 2024WedbushOutperformOutperformhold
Jul 16, 2024WedbushBuyBuyhold
Jun 24, 2024RBC CapitalOutperformOutperformhold

Financial Forecast

EPS Forecast

$2 $3 $4 $5 $6 $7 $8 Feb 20 Mar 21 Mar 22 Mar 23 Feb 24 Mar 25 Mar 26 Mar 27
Feb 20Mar 21Mar 22Mar 23Feb 24Mar 25Mar 26Mar 27
Reported$5.39---$3.03---
Avg Forecast$5.16$4.50$7.19$2.81$2.95$3.21$3.88$4.57
High Forecast$4.93$4.30$6.87$2.64$2.86$3.11$3.65$3.80
Low Forecast$5.38$4.69$7.50$2.94$3.03$3.28$4.05$5.56
Surprise %4.46%---2.71%---

Revenue Forecast

$15B $19B $23B $27B $31B $35B Feb 20 Mar 21 Mar 22 Mar 23 Feb 24 Mar 25 Mar 26 Mar 27
Feb 20Mar 21Mar 22Mar 23Feb 24Mar 25Mar 26Mar 27
Reported$20.32B---$26.54B---
Avg Forecast$20.07B$18.97B$31.72B$30.01B$26.73B$26.25B$27.13B$28.74B
High Forecast$19.38B$18.33B$30.64B$28.63B$26.56B$25.59B$25.42B$27.39B
Low Forecast$20.73B$19.60B$32.77B$31.06B$27.00B$26.64B$28.47B$30.09B
Surprise %1.25%----0.72%---

Net Income Forecast

$350M $510M $670M $830M $990M $1B Feb 20 Mar 21 Mar 22 Mar 23 Feb 24 Mar 25 Mar 26 Mar 27
Feb 20Mar 21Mar 22Mar 23Feb 24Mar 25Mar 26Mar 27
Reported$888.43M---$479.20M---
Avg Forecast$837.11M$609.81M$937.14M$446.08M$497.95M$510.60M$591.76M$676.26M
High Forecast$669.69M$487.85M$749.71M$419.27M$398.36M$492.99M$579.96M$602.79M
Low Forecast$1.00B$731.77M$1.12B$466.20M$597.54M$521.16M$642.44M$882.21M
Surprise %6.13%----3.76%---

KMX Forecast FAQ

Is CarMax stock a buy?

CarMax stock has a consensus rating of Buy, based on 12 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 8 Buy, 4 Hold, 0 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 12 Wall Street analysts, averages $92.5 over the next 12 months. The price target range spans from $79 at the low end to $103 at the high end, suggesting a potential 7.93% change from the previous close price of $85.7.

How does CarMax stock forecast compare to the average forecast of its sector, industry, and investment themes?

CarMax stock forecast shows a 7.93% upside, outperforming the average forecast for the consumer cyclical stocks sector (4.57%) and outperforming the car dealership stocks industry (-3.70%).

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

  • January 2025: 26.32% Strong Buy, 26.32% Buy, 31.58% Hold, 0% Sell, 15.79% Strong Sell.
  • December 2024: 25.00% Strong Buy, 25.00% Buy, 35.00% Hold, 0% Sell, 15.00% Strong Sell.
  • November 2024: 19.05% Strong Buy, 23.81% Buy, 38.10% Hold, 4.76% Sell, 14.29% Strong Sell.

What is CarMax’s EPS forecast?

CarMax's average annual EPS forecast for its fiscal year ending in February is 3.21 for 2025, a 5.94% increase from the reported $3.03 in 2024. The prediction for 2026 is $3.88, and $4.57 for 2027.

What is CarMax’s revenue forecast?

CarMax's average annual revenue forecast for its fiscal year ending in February is $26.25B for 2025, 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?

For its fiscal year ending in February, CarMax's average annual net income forecast is $510.6M for 2025, reflecting an 6.55% increase from the reported $479.2M in 2024. The projection for 2026 is $591.76M, and $676.26M for 2027.