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CarMax

KMXNYSE
$79.70
-0.31-0.39%
Pre-Market: 7:00 AM EDT
15 minutes delayed
Consensus Rating1
Outperform
Highest Price Target1
$156.00
Lowest Price Target1
$50.00
Consensus Price Target1
$87.40

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CarMax (NYSE:KMX) Stock, Analyst Ratings, Price Targets, Forecasts

CarMax Inc has a consensus price target of $87.4 based on the ratings of 18 analysts. The high is $156 issued by RBC Capital on October 1, 2021. The low is $50 issued by B of A Securities on February 29, 2024. The 3 most-recent analyst ratings were released by Wedbush, Evercore ISI Group, and RBC Capital on July 17, 2024, July 16, 2024, and June 24, 2024, respectively. With an average price target of $80.67 between Wedbush, Evercore ISI Group, and RBC Capital, there's an implied 1.21% upside for CarMax Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
6
1
1
Apr
1
May
4
1
Jun
1
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.0
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Wedbush
Evercore ISI Group
RBC Capital
Oppenheimer
Truist Securities

1calculated from analyst ratings

Analyst Ratings for CarMax

Buy NowGet Alert
07/17/2024Buy Now19.2%Wedbush
Seth Basham
$85 → $95MaintainsOutperformGet Alert
07/16/2024Buy Now-9.66%Evercore ISI Group
Michael Montani
$68 → $72MaintainsIn-LineGet Alert
06/24/2024Buy Now-5.9%RBC Capital
Steven Shemesh
$73 → $75MaintainsOutperformGet Alert
06/24/2024Buy Now31.74%Oppenheimer
Brian Nagel
$105 → $105MaintainsOutperformGet Alert
06/24/2024Buy Now-12.17%Truist Securities
Scot Ciccarelli
$66 → $70MaintainsHoldGet Alert
06/24/2024Buy Now9.16%Needham
Chris Pierce
$91 → $87MaintainsBuyGet Alert
06/21/2024Buy Now0.38%Morgan Stanley
Adam Jonas
$80 → $80MaintainsOverweightGet Alert
06/20/2024Buy Now-14.68%Evercore ISI Group
Michael Montani
$73 → $68MaintainsIn-LineGet Alert
06/18/2024Buy Now-17.19%Truist Securities
Scot Ciccarelli
$72 → $66MaintainsHoldGet Alert
06/18/2024Buy Now-9.66%Mizuho
David Bellinger
$75 → $72MaintainsNeutralGet Alert
06/18/2024Buy Now12.92%Wedbush
Seth Basham
$90 → $90ReiteratesOutperform → OutperformGet Alert
06/06/2024Buy Now-14.68%Evercore ISI Group
Michael Montani
$72 → $68MaintainsIn-LineGet Alert
05/16/2024Buy Now12.92%Wedbush
Seth Basham
→ $90ReiteratesOutperform → OutperformGet Alert
04/16/2024Buy Now12.92%Wedbush
Seth Basham
→ $90ReiteratesOutperform → OutperformGet Alert
04/15/2024Buy Now-30.99%JP Morgan
Rajat Gupta
$60 → $55MaintainsUnderweightGet Alert
04/12/2024Buy Now-7.15%Evercore ISI Group
Michael Montani
$85 → $74MaintainsIn-LineGet Alert
04/12/2024Buy Now-8.41%RBC Capital
Steven Shemesh
$83 → $73MaintainsOutperformGet Alert
04/12/2024Buy Now-5.9%Mizuho
David Bellinger
$80 → $75MaintainsNeutralGet Alert
04/12/2024Buy Now-9.66%Truist Securities
Scot Ciccarelli
$75 → $72MaintainsHoldGet Alert
04/12/2024Buy Now14.18%Needham
Chris Pierce
$99 → $91MaintainsBuyGet Alert
04/12/2024Buy Now5.4%Baird
Craig Kennison
$88 → $84MaintainsOutperformGet Alert
04/09/2024Buy Now31.74%Oppenheimer
Brian Nagel
$105 → $105ReiteratesOutperform → OutperformGet Alert
04/08/2024Buy Now4.14%RBC Capital
Steven Shemesh
$83 → $83MaintainsOutperformGet Alert
04/02/2024Buy Now25.47%Wedbush
Seth Basham
$90 → $100MaintainsOutperformGet Alert
03/26/2024Buy Now6.65%Evercore ISI Group
Michael Montani
$78 → $85MaintainsIn-LineGet Alert
03/20/2024Buy Now24.22%Needham
Chris Pierce
→ $99UpgradeHold → BuyGet Alert
03/19/2024Buy Now0.38%Mizuho
David Bellinger
→ $80Initiates → NeutralGet Alert
02/29/2024Buy Now-37.26%B of A Securities
John Murphy
$44 → $50MaintainsUnderperformGet Alert
02/16/2024Buy Now12.92%Wedbush
Seth Basham
→ $90ReiteratesOutperform → OutperformGet Alert
01/17/2024Buy Now12.92%Wedbush
Seth Basham
→ $90ReiteratesOutperform → OutperformGet Alert
12/22/2023Buy Now-5.9%Truist Securities
Scot Ciccarelli
$72 → $75MaintainsHoldGet Alert
12/22/2023Buy Now4.14%RBC Capital
Steven Shemesh
$80 → $83MaintainsOutperformGet Alert
11/29/2023Buy Now-24.72%JP Morgan
Rajat Gupta
$70 → $60MaintainsUnderweightGet Alert
11/16/2023Buy Now0.38%Wedbush
Seth Basham
$90 → $80MaintainsOutperformGet Alert
10/31/2023Buy Now12.92%Wedbush
Seth Basham
→ $90ReiteratesOutperform → OutperformGet Alert
10/18/2023Buy Now-9.66%Truist Securities
Scot Ciccarelli
→ $72ReiteratesHold → HoldGet Alert
10/18/2023Buy Now12.92%Wedbush
Seth Basham
→ $90ReiteratesOutperform → OutperformGet Alert
09/29/2023Buy Now0.38%RBC Capital
Steven Shemesh
$90 → $80MaintainsOutperformGet Alert
09/29/2023Buy Now-9.66%Truist Securities
Scot Ciccarelli
$82 → $72MaintainsHoldGet Alert
09/29/2023Buy Now12.92%Wedbush
Seth Basham
→ $90ReiteratesOutperform → OutperformGet Alert
09/29/2023Buy Now-12.17%Stephens & Co.
Daniel Imbro
$78 → $70MaintainsEqual-WeightGet Alert
09/29/2023Buy Now10.41%Baird
Craig Kennison
$96 → $88MaintainsOutperformGet Alert
09/25/2023Buy Now-0.88%Evercore ISI Group
Michael Montani
$80 → $79MaintainsIn-LineGet Alert
09/25/2023Buy Now12.92%Wedbush
Seth Basham
$85 → $90UpgradeNeutral → OutperformGet Alert
09/19/2023Buy Now6.65%Wedbush
Seth Basham
→ $85ReiteratesNeutral → NeutralGet Alert
08/17/2023Buy Now20.45%Baird
Craig Kennison
$90 → $96MaintainsOutperformGet Alert
08/17/2023Buy Now6.65%Wedbush
Seth Basham
→ $85ReiteratesNeutral → NeutralGet Alert
07/14/2023Buy Now31.74%Oppenheimer
Brian Nagel
$85 → $105MaintainsOutperformGet Alert
06/28/2023Buy Now0.38%Morgan Stanley
Adam Jonas
$75 → $80MaintainsOverweightGet Alert
06/26/2023Buy Now2.89%Truist Securities
Scot Ciccarelli
$64 → $82MaintainsHoldGet Alert
06/26/2023Buy Now12.92%RBC Capital
Steven Shemesh
$70 → $90MaintainsOutperformGet Alert
06/26/2023Buy Now-24.72%JP Morgan
Rajat Gupta
$55 → $60MaintainsUnderweightGet Alert
06/15/2023Buy Now-19.7%Truist Securities
Scot Ciccarelli
→ $64ReiteratesHold → HoldGet Alert
06/12/2023Buy NowNorthcoast Research
John Healy
DowngradeBuy → NeutralGet Alert
04/24/2023Buy Now-12.17%Wedbush
Seth Basham
$55 → $70MaintainsNeutralGet Alert
04/14/2023Buy Now6.65%Oppenheimer
Brian Nagel
$75 → $85MaintainsOutperformGet Alert
04/13/2023Buy Now-44.79%B of A Securities
John Murphy
$40 → $44MaintainsUnderperformGet Alert
04/13/2023Buy Now-12.17%RBC Capital
Steven Shemesh
$60 → $70MaintainsOutperformGet Alert
04/12/2023Buy Now-19.7%Truist Securities
Scot Ciccarelli
$66 → $64MaintainsHoldGet Alert
04/12/2023Buy Now-30.99%Wedbush
Seth Basham
→ $55Reiterates → NeutralGet Alert
03/31/2023Buy Now-36.01%Stephens & Co.
Daniel Imbro
$53 → $51MaintainsEqual-WeightGet Alert
03/16/2023Buy Now-30.99%Wedbush
Seth Basham
→ $55Reiterates → NeutralGet Alert
03/10/2023Buy Now-30.99%JP Morgan
Rajat Gupta
$60 → $55MaintainsUnderweightGet Alert
02/23/2023Buy Now-17.19%Truist Securities
Scot Ciccarelli
→ $66Initiates → HoldGet Alert
01/11/2023Buy Now-24.72%JP Morgan
Rajat Gupta
→ $60DowngradeNeutral → UnderweightGet Alert
01/05/2023Buy NowArgus Research
Taylor Conrad
DowngradeBuy → HoldGet Alert
12/29/2022Buy Now-5.9%Morgan Stanley
Adam Jonas
$90 → $75MaintainsOverweightGet Alert
12/23/2022Buy Now-5.9%Oppenheimer
Brian Nagel
$100 → $75MaintainsOutperformGet Alert
12/23/2022Buy Now-24.72%Evercore ISI Group
Michael Montani
$63 → $60MaintainsIn-LineGet Alert
12/23/2022Buy Now-38.52%B of A Securities
John Murphy
$100 → $49MaintainsUnderperformGet Alert
11/18/2022Buy Now-24.72%JP Morgan
Rajat Gupta
$70 → $60MaintainsNeutralGet Alert
10/04/2022Buy Now12.92%Morgan Stanley
Adam Jonas
$124 → $90MaintainsOverweightGet Alert
10/03/2022Buy Now-19.7%Stephens & Co.
Daniel Imbro
$104 → $64DowngradeOverweight → Equal-WeightGet Alert
09/30/2022Buy Now25.47%Oppenheimer
Brian Nagel
$125 → $100MaintainsOutperformGet Alert
09/30/2022Buy Now2.89%Baird
Craig Kennison
$120 → $82MaintainsOutperformGet Alert
09/30/2022Buy Now-12.17%Wedbush
Seth Basham
$105 → $70MaintainsNeutralGet Alert
09/30/2022Buy Now-9.66%RBC Capital
Steven Shemesh
$108 → $72MaintainsOutperformGet Alert
09/09/2022Buy Now19.2%JP Morgan
Rajat Gupta
$100 → $95MaintainsNeutralGet Alert
09/09/2022Buy Now25.47%B of A Securities
Mark Murphy
$146 → $100DowngradeNeutral → UnderperformGet Alert
07/14/2022Buy Now55.58%Morgan Stanley
Adam Jonas
$140 → $124MaintainsOverweightGet Alert
06/27/2022Buy Now31.74%Wedbush
Seth Basham
$90 → $105MaintainsNeutralGet Alert
06/27/2022Buy Now35.51%RBC Capital
Steven Shemesh
$104 → $108MaintainsOutperformGet Alert
06/07/2022Buy Now31.74%JP Morgan
Rajat Gupta
$110 → $105MaintainsNeutralGet Alert
05/16/2022Buy Now75.66%Morgan Stanley
Adam Jonas
$165 → $140MaintainsOverweightGet Alert
05/02/2022Buy NowNeedham
Chris Pierce
Initiates → HoldGet Alert
04/13/2022Buy Now30.49%RBC Capital
Steven Shemesh
$140 → $104MaintainsOutperformGet Alert
04/13/2022Buy Now38.02%JP Morgan
Rajat Gupta
→ $110DowngradeOverweight → NeutralGet Alert
04/08/2022Buy Now56.84%Oppenheimer
Brian Nagel
$158 → $125MaintainsOutperformGet Alert
04/06/2022Buy Now107.03%B of A Securities
John Murphy
$195 → $165DowngradeBuy → NeutralGet Alert
02/16/2022Buy Now50.56%Evercore ISI Group
Michael Montani
→ $120DowngradeOutperform → In-LineGet Alert
01/27/2022Buy Now75.66%Seaport Global
Glenn Chin
→ $140UpgradeNeutral → BuyGet Alert
12/23/2021Buy Now96.99%RBC Capital
Steven Shemesh
$156 → $157MaintainsOutperformGet Alert
12/07/2021Buy Now100.75%JP Morgan
Rajat Gupta
UpgradeNeutral → OverweightGet Alert
10/01/2021Buy NowGuggenheim
Ali Faghri
DowngradeBuy → NeutralGet Alert
10/01/2021Buy Now95.73%RBC CapitalMaintainsOutperformGet Alert

FAQ

Q

What is the target price for CarMax (KMX) stock?

A

The latest price target for CarMax (NYSE:KMX) was reported by Wedbush on July 17, 2024. The analyst firm set a price target for $95.00 expecting KMX to rise to within 12 months (a possible 19.20% upside). 47 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for CarMax (KMX)?

A

The latest analyst rating for CarMax (NYSE:KMX) was provided by Wedbush, and CarMax maintained their outperform rating.

Q

When was the last upgrade for CarMax (KMX)?

A

The last upgrade for CarMax Inc happened on March 20, 2024 when Needham raised their price target to $99. Needham previously had a hold for CarMax Inc.

Q

When was the last downgrade for CarMax (KMX)?

A

The last downgrade for CarMax Inc happened on June 12, 2023 when Northcoast Research changed their price target from N/A to N/A for CarMax Inc.

Q

When is the next analyst rating going to be posted or updated for CarMax (KMX)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of CarMax, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for CarMax was filed on July 17, 2024 so you should expect the next rating to be made available sometime around July 17, 2025.

Q

Is the Analyst Rating CarMax (KMX) correct?

A

While ratings are subjective and will change, the latest CarMax (KMX) rating was a maintained with a price target of $85.00 to $95.00. The current price CarMax (KMX) is trading at is $79.70, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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