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.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
---|---|---|---|---|---|---|---|---|
07/17/2024 | Buy Now | 19.2% | Wedbush | Seth Basham | $85 → $95 | Maintains | Outperform | Get Alert |
07/16/2024 | Buy Now | -9.66% | Evercore ISI Group | Michael Montani | $68 → $72 | Maintains | In-Line | Get Alert |
06/24/2024 | Buy Now | -5.9% | RBC Capital | Steven Shemesh | $73 → $75 | Maintains | Outperform | Get Alert |
06/24/2024 | Buy Now | 31.74% | Oppenheimer | Brian Nagel | $105 → $105 | Maintains | Outperform | Get Alert |
06/24/2024 | Buy Now | -12.17% | Truist Securities | Scot Ciccarelli | $66 → $70 | Maintains | Hold | Get Alert |
06/24/2024 | Buy Now | 9.16% | Needham | Chris Pierce | $91 → $87 | Maintains | Buy | Get Alert |
06/21/2024 | Buy Now | 0.38% | Morgan Stanley | Adam Jonas | $80 → $80 | Maintains | Overweight | Get Alert |
06/20/2024 | Buy Now | -14.68% | Evercore ISI Group | Michael Montani | $73 → $68 | Maintains | In-Line | Get Alert |
06/18/2024 | Buy Now | -17.19% | Truist Securities | Scot Ciccarelli | $72 → $66 | Maintains | Hold | Get Alert |
06/18/2024 | Buy Now | -9.66% | Mizuho | David Bellinger | $75 → $72 | Maintains | Neutral | Get Alert |
06/18/2024 | Buy Now | 12.92% | Wedbush | Seth Basham | $90 → $90 | Reiterates | Outperform → Outperform | Get Alert |
06/06/2024 | Buy Now | -14.68% | Evercore ISI Group | Michael Montani | $72 → $68 | Maintains | In-Line | Get Alert |
05/16/2024 | Buy Now | 12.92% | Wedbush | Seth Basham | → $90 | Reiterates | Outperform → Outperform | Get Alert |
04/16/2024 | Buy Now | 12.92% | Wedbush | Seth Basham | → $90 | Reiterates | Outperform → Outperform | Get Alert |
04/15/2024 | Buy Now | -30.99% | JP Morgan | Rajat Gupta | $60 → $55 | Maintains | Underweight | Get Alert |
04/12/2024 | Buy Now | -7.15% | Evercore ISI Group | Michael Montani | $85 → $74 | Maintains | In-Line | Get Alert |
04/12/2024 | Buy Now | -8.41% | RBC Capital | Steven Shemesh | $83 → $73 | Maintains | Outperform | Get Alert |
04/12/2024 | Buy Now | -5.9% | Mizuho | David Bellinger | $80 → $75 | Maintains | Neutral | Get Alert |
04/12/2024 | Buy Now | -9.66% | Truist Securities | Scot Ciccarelli | $75 → $72 | Maintains | Hold | Get Alert |
04/12/2024 | Buy Now | 14.18% | Needham | Chris Pierce | $99 → $91 | Maintains | Buy | Get Alert |
04/12/2024 | Buy Now | 5.4% | Baird | Craig Kennison | $88 → $84 | Maintains | Outperform | Get Alert |
04/09/2024 | Buy Now | 31.74% | Oppenheimer | Brian Nagel | $105 → $105 | Reiterates | Outperform → Outperform | Get Alert |
04/08/2024 | Buy Now | 4.14% | RBC Capital | Steven Shemesh | $83 → $83 | Maintains | Outperform | Get Alert |
04/02/2024 | Buy Now | 25.47% | Wedbush | Seth Basham | $90 → $100 | Maintains | Outperform | Get Alert |
03/26/2024 | Buy Now | 6.65% | Evercore ISI Group | Michael Montani | $78 → $85 | Maintains | In-Line | Get Alert |
03/20/2024 | Buy Now | 24.22% | Needham | Chris Pierce | → $99 | Upgrade | Hold → Buy | Get Alert |
03/19/2024 | Buy Now | 0.38% | Mizuho | David Bellinger | → $80 | Initiates | → Neutral | Get Alert |
02/29/2024 | Buy Now | -37.26% | B of A Securities | John Murphy | $44 → $50 | Maintains | Underperform | Get Alert |
02/16/2024 | Buy Now | 12.92% | Wedbush | Seth Basham | → $90 | Reiterates | Outperform → Outperform | Get Alert |
01/17/2024 | Buy Now | 12.92% | Wedbush | Seth Basham | → $90 | Reiterates | Outperform → Outperform | Get Alert |
12/22/2023 | Buy Now | -5.9% | Truist Securities | Scot Ciccarelli | $72 → $75 | Maintains | Hold | Get Alert |
12/22/2023 | Buy Now | 4.14% | RBC Capital | Steven Shemesh | $80 → $83 | Maintains | Outperform | Get Alert |
11/29/2023 | Buy Now | -24.72% | JP Morgan | Rajat Gupta | $70 → $60 | Maintains | Underweight | Get Alert |
11/16/2023 | Buy Now | 0.38% | Wedbush | Seth Basham | $90 → $80 | Maintains | Outperform | Get Alert |
10/31/2023 | Buy Now | 12.92% | Wedbush | Seth Basham | → $90 | Reiterates | Outperform → Outperform | Get Alert |
10/18/2023 | Buy Now | -9.66% | Truist Securities | Scot Ciccarelli | → $72 | Reiterates | Hold → Hold | Get Alert |
10/18/2023 | Buy Now | 12.92% | Wedbush | Seth Basham | → $90 | Reiterates | Outperform → Outperform | Get Alert |
09/29/2023 | Buy Now | 0.38% | RBC Capital | Steven Shemesh | $90 → $80 | Maintains | Outperform | Get Alert |
09/29/2023 | Buy Now | -9.66% | Truist Securities | Scot Ciccarelli | $82 → $72 | Maintains | Hold | Get Alert |
09/29/2023 | Buy Now | 12.92% | Wedbush | Seth Basham | → $90 | Reiterates | Outperform → Outperform | Get Alert |
09/29/2023 | Buy Now | -12.17% | Stephens & Co. | Daniel Imbro | $78 → $70 | Maintains | Equal-Weight | Get Alert |
09/29/2023 | Buy Now | 10.41% | Baird | Craig Kennison | $96 → $88 | Maintains | Outperform | Get Alert |
09/25/2023 | Buy Now | -0.88% | Evercore ISI Group | Michael Montani | $80 → $79 | Maintains | In-Line | Get Alert |
09/25/2023 | Buy Now | 12.92% | Wedbush | Seth Basham | $85 → $90 | Upgrade | Neutral → Outperform | Get Alert |
09/19/2023 | Buy Now | 6.65% | Wedbush | Seth Basham | → $85 | Reiterates | Neutral → Neutral | Get Alert |
08/17/2023 | Buy Now | 20.45% | Baird | Craig Kennison | $90 → $96 | Maintains | Outperform | Get Alert |
08/17/2023 | Buy Now | 6.65% | Wedbush | Seth Basham | → $85 | Reiterates | Neutral → Neutral | Get Alert |
07/14/2023 | Buy Now | 31.74% | Oppenheimer | Brian Nagel | $85 → $105 | Maintains | Outperform | Get Alert |
06/28/2023 | Buy Now | 0.38% | Morgan Stanley | Adam Jonas | $75 → $80 | Maintains | Overweight | Get Alert |
06/26/2023 | Buy Now | 2.89% | Truist Securities | Scot Ciccarelli | $64 → $82 | Maintains | Hold | Get Alert |
06/26/2023 | Buy Now | 12.92% | RBC Capital | Steven Shemesh | $70 → $90 | Maintains | Outperform | Get Alert |
06/26/2023 | Buy Now | -24.72% | JP Morgan | Rajat Gupta | $55 → $60 | Maintains | Underweight | Get Alert |
06/15/2023 | Buy Now | -19.7% | Truist Securities | Scot Ciccarelli | → $64 | Reiterates | Hold → Hold | Get Alert |
06/12/2023 | Buy Now | — | Northcoast Research | John Healy | — | Downgrade | Buy → Neutral | Get Alert |
04/24/2023 | Buy Now | -12.17% | Wedbush | Seth Basham | $55 → $70 | Maintains | Neutral | Get Alert |
04/14/2023 | Buy Now | 6.65% | Oppenheimer | Brian Nagel | $75 → $85 | Maintains | Outperform | Get Alert |
04/13/2023 | Buy Now | -44.79% | B of A Securities | John Murphy | $40 → $44 | Maintains | Underperform | Get Alert |
04/13/2023 | Buy Now | -12.17% | RBC Capital | Steven Shemesh | $60 → $70 | Maintains | Outperform | Get Alert |
04/12/2023 | Buy Now | -19.7% | Truist Securities | Scot Ciccarelli | $66 → $64 | Maintains | Hold | Get Alert |
04/12/2023 | Buy Now | -30.99% | Wedbush | Seth Basham | → $55 | Reiterates | → Neutral | Get Alert |
03/31/2023 | Buy Now | -36.01% | Stephens & Co. | Daniel Imbro | $53 → $51 | Maintains | Equal-Weight | Get Alert |
03/16/2023 | Buy Now | -30.99% | Wedbush | Seth Basham | → $55 | Reiterates | → Neutral | Get Alert |
03/10/2023 | Buy Now | -30.99% | JP Morgan | Rajat Gupta | $60 → $55 | Maintains | Underweight | Get Alert |
02/23/2023 | Buy Now | -17.19% | Truist Securities | Scot Ciccarelli | → $66 | Initiates | → Hold | Get Alert |
01/11/2023 | Buy Now | -24.72% | JP Morgan | Rajat Gupta | → $60 | Downgrade | Neutral → Underweight | Get Alert |
01/05/2023 | Buy Now | — | Argus Research | Taylor Conrad | — | Downgrade | Buy → Hold | Get Alert |
12/29/2022 | Buy Now | -5.9% | Morgan Stanley | Adam Jonas | $90 → $75 | Maintains | Overweight | Get Alert |
12/23/2022 | Buy Now | -5.9% | Oppenheimer | Brian Nagel | $100 → $75 | Maintains | Outperform | Get Alert |
12/23/2022 | Buy Now | -24.72% | Evercore ISI Group | Michael Montani | $63 → $60 | Maintains | In-Line | Get Alert |
12/23/2022 | Buy Now | -38.52% | B of A Securities | John Murphy | $100 → $49 | Maintains | Underperform | Get Alert |
11/18/2022 | Buy Now | -24.72% | JP Morgan | Rajat Gupta | $70 → $60 | Maintains | Neutral | Get Alert |
10/04/2022 | Buy Now | 12.92% | Morgan Stanley | Adam Jonas | $124 → $90 | Maintains | Overweight | Get Alert |
10/03/2022 | Buy Now | -19.7% | Stephens & Co. | Daniel Imbro | $104 → $64 | Downgrade | Overweight → Equal-Weight | Get Alert |
09/30/2022 | Buy Now | 25.47% | Oppenheimer | Brian Nagel | $125 → $100 | Maintains | Outperform | Get Alert |
09/30/2022 | Buy Now | 2.89% | Baird | Craig Kennison | $120 → $82 | Maintains | Outperform | Get Alert |
09/30/2022 | Buy Now | -12.17% | Wedbush | Seth Basham | $105 → $70 | Maintains | Neutral | Get Alert |
09/30/2022 | Buy Now | -9.66% | RBC Capital | Steven Shemesh | $108 → $72 | Maintains | Outperform | Get Alert |
09/09/2022 | Buy Now | 19.2% | JP Morgan | Rajat Gupta | $100 → $95 | Maintains | Neutral | Get Alert |
09/09/2022 | Buy Now | 25.47% | B of A Securities | Mark Murphy | $146 → $100 | Downgrade | Neutral → Underperform | Get Alert |
07/14/2022 | Buy Now | 55.58% | Morgan Stanley | Adam Jonas | $140 → $124 | Maintains | Overweight | Get Alert |
06/27/2022 | Buy Now | 31.74% | Wedbush | Seth Basham | $90 → $105 | Maintains | Neutral | Get Alert |
06/27/2022 | Buy Now | 35.51% | RBC Capital | Steven Shemesh | $104 → $108 | Maintains | Outperform | Get Alert |
06/07/2022 | Buy Now | 31.74% | JP Morgan | Rajat Gupta | $110 → $105 | Maintains | Neutral | Get Alert |
05/16/2022 | Buy Now | 75.66% | Morgan Stanley | Adam Jonas | $165 → $140 | Maintains | Overweight | Get Alert |
05/02/2022 | Buy Now | — | Needham | Chris Pierce | — | Initiates | → Hold | Get Alert |
04/13/2022 | Buy Now | 30.49% | RBC Capital | Steven Shemesh | $140 → $104 | Maintains | Outperform | Get Alert |
04/13/2022 | Buy Now | 38.02% | JP Morgan | Rajat Gupta | → $110 | Downgrade | Overweight → Neutral | Get Alert |
04/08/2022 | Buy Now | 56.84% | Oppenheimer | Brian Nagel | $158 → $125 | Maintains | Outperform | Get Alert |
04/06/2022 | Buy Now | 107.03% | B of A Securities | John Murphy | $195 → $165 | Downgrade | Buy → Neutral | Get Alert |
02/16/2022 | Buy Now | 50.56% | Evercore ISI Group | Michael Montani | → $120 | Downgrade | Outperform → In-Line | Get Alert |
01/27/2022 | Buy Now | 75.66% | Seaport Global | Glenn Chin | → $140 | Upgrade | Neutral → Buy | Get Alert |
12/23/2021 | Buy Now | 96.99% | RBC Capital | Steven Shemesh | $156 → $157 | Maintains | Outperform | Get Alert |
12/07/2021 | Buy Now | 100.75% | JP Morgan | Rajat Gupta | — | Upgrade | Neutral → Overweight | Get Alert |
10/01/2021 | Buy Now | — | Guggenheim | Ali Faghri | — | Downgrade | Buy → Neutral | Get Alert |
10/01/2021 | Buy Now | 95.73% | RBC Capital | — | — | Maintains | Outperform | Get Alert |
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.
The latest analyst rating for CarMax (NYSE:KMX) was provided by Wedbush, and CarMax maintained their outperform rating.
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.
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.
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.
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.