CarMax Inc has a consensus price target of $83.15 based on the ratings of 15 analysts. The high is $105 issued by Evercore ISI Group on March 11, 2025. The low is $50 issued by B of A Securities on February 29, 2024. The 3 most-recent analyst ratings were released by Wedbush, Wedbush, and RBC Capital on April 21, 2025, April 16, 2025, and April 11, 2025, respectively. With an average price target of $86.67 between Wedbush, Wedbush, and RBC Capital, there's an implied 33.27% upside for CarMax Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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04/21/2025 | Buy Now | 38.4% | Wedbush | Seth Basham66% | $90 → $90 | Maintains | Outperform | Get Alert |
04/16/2025 | Buy Now | 38.4% | Wedbush | Seth Basham66% | $90 → $90 | Reiterates | Outperform → Outperform | Get Alert |
04/11/2025 | Buy Now | 23.02% | RBC Capital | Steven Shemesh63% | $103 → $80 | Maintains | Outperform | Get Alert |
04/11/2025 | Buy Now | 38.4% | Wedbush | Seth Basham66% | $100 → $90 | Maintains | Outperform | Get Alert |
04/11/2025 | Buy Now | 38.4% | Baird | Craig Kennison56% | $95 → $90 | Maintains | Outperform | Get Alert |
04/11/2025 | Buy Now | 41.47% | Needham | Chris Pierce41% | $101 → $92 | Maintains | Buy | Get Alert |
04/01/2025 | Buy Now | 53.78% | Wedbush | Seth Basham66% | $100 → $100 | Reiterates | Outperform → Outperform | Get Alert |
03/27/2025 | Buy Now | -0.05% | JP Morgan | Rajat Gupta72% | $72 → $65 | Maintains | Underweight | Get Alert |
03/11/2025 | Buy Now | 61.46% | Evercore ISI Group | Michael Montani61% | $107 → $105 | Maintains | Outperform | Get Alert |
02/03/2025 | Buy Now | 55.31% | Needham | Chris Pierce41% | $98 → $101 | Maintains | Buy | Get Alert |
12/20/2024 | Buy Now | 10.72% | JP Morgan | Rajat Gupta72% | $70 → $72 | Maintains | Underweight | Get Alert |
12/20/2024 | Buy Now | 35.32% | Truist Securities | Scot Ciccarelli71% | $72 → $88 | Maintains | Hold | Get Alert |
12/20/2024 | Buy Now | 58.39% | RBC Capital | Steven Shemesh63% | $99 → $103 | Maintains | Outperform | Get Alert |
12/20/2024 | Buy Now | 23.02% | Mizuho | David Bellinger46% | $72 → $80 | Maintains | Neutral | Get Alert |
12/20/2024 | Buy Now | 50.7% | Needham | Chris Pierce41% | $90 → $98 | Maintains | Buy | Get Alert |
12/05/2024 | Buy Now | 7.64% | JP Morgan | Rajat Gupta72% | $65 → $70 | Maintains | Underweight | Get Alert |
12/05/2024 | Buy Now | 32.25% | Stephens & Co. | Jeff Lick58% | → $86 | Initiates | → Equal-Weight | Get Alert |
12/03/2024 | Buy Now | 27.63% | Evercore ISI Group | Michael Montani61% | $81 → $83 | Maintains | In-Line | Get Alert |
10/22/2024 | Buy Now | 16.87% | Evercore ISI Group | Michael Montani61% | $79 → $76 | Maintains | In-Line | Get Alert |
10/17/2024 | Buy Now | 21.48% | Evercore ISI Group | Michael Montani61% | $76 → $79 | Maintains | In-Line | Get Alert |
10/16/2024 | Buy Now | 26.1% | RBC Capital | Steven Shemesh63% | $82 → $82 | Reiterates | Outperform → Outperform | Get Alert |
10/16/2024 | Buy Now | 46.09% | Wedbush | Seth Basham66% | $95 → $95 | Reiterates | Outperform → Outperform | Get Alert |
10/16/2024 | Buy Now | 38.4% | Needham | Chris Pierce41% | $90 → $90 | Reiterates | Buy → Buy | Get Alert |
10/04/2024 | Buy Now | 61.46% | Oppenheimer | Brian Nagel69% | $105 → $105 | Maintains | Outperform | Get Alert |
10/03/2024 | Buy Now | 16.87% | Evercore ISI Group | Michael Montani61% | $79 → $76 | Maintains | In-Line | Get Alert |
09/30/2024 | Buy Now | 38.4% | Needham | Chris Pierce41% | $87 → $90 | Maintains | Buy | Get Alert |
09/27/2024 | Buy Now | 10.72% | Truist Securities | Scot Ciccarelli71% | $75 → $72 | Maintains | Hold | Get Alert |
09/27/2024 | Buy Now | 26.1% | RBC Capital | Steven Shemesh63% | $75 → $82 | Maintains | Outperform | Get Alert |
09/27/2024 | Buy Now | 21.48% | Evercore ISI Group | Michael Montani61% | $76 → $79 | Maintains | In-Line | Get Alert |
09/27/2024 | Buy Now | 38.4% | Needham | Chris Pierce41% | $87 → $90 | Maintains | Buy | Get Alert |
09/23/2024 | Buy Now | 15.33% | Truist Securities | Scot Ciccarelli71% | $70 → $75 | Maintains | Hold | Get Alert |
09/19/2024 | Buy Now | -0.05% | JP Morgan | Rajat Gupta72% | $55 → $65 | Maintains | Underweight | Get Alert |
09/17/2024 | Buy Now | 46.09% | Wedbush | Seth Basham66% | $95 → $95 | Reiterates | Outperform → Outperform | Get Alert |
08/16/2024 | Buy Now | 46.09% | Wedbush | Seth Basham66% | $95 → $95 | Reiterates | Outperform → Outperform | Get Alert |
07/17/2024 | Buy Now | 46.09% | Wedbush | Seth Basham66% | $85 → $95 | Maintains | Outperform | Get Alert |
07/16/2024 | Buy Now | 10.72% | Evercore ISI Group | Michael Montani61% | $68 → $72 | Maintains | In-Line | Get Alert |
06/24/2024 | Buy Now | 15.33% | RBC Capital | Steven Shemesh63% | $73 → $75 | Maintains | Outperform | Get Alert |
06/24/2024 | Buy Now | 61.46% | Oppenheimer | Brian Nagel69% | $105 → $105 | Maintains | Outperform | Get Alert |
06/24/2024 | Buy Now | 7.64% | Truist Securities | Scot Ciccarelli71% | $66 → $70 | Maintains | Hold | Get Alert |
06/24/2024 | Buy Now | 33.78% | Needham | Chris Pierce41% | $91 → $87 | Maintains | Buy | Get Alert |
06/21/2024 | Buy Now | 23.02% | Morgan Stanley | Adam Jonas63% | $80 → $80 | Maintains | Overweight | Get Alert |
06/20/2024 | Buy Now | 4.57% | Evercore ISI Group | Michael Montani61% | $73 → $68 | Maintains | In-Line | Get Alert |
06/18/2024 | Buy Now | 1.49% | Truist Securities | Scot Ciccarelli71% | $72 → $66 | Maintains | Hold | Get Alert |
06/18/2024 | Buy Now | 10.72% | Mizuho | David Bellinger46% | $75 → $72 | Maintains | Neutral | Get Alert |
06/18/2024 | Buy Now | 38.4% | Wedbush | Seth Basham66% | $90 → $90 | Reiterates | Outperform → Outperform | Get Alert |
06/06/2024 | Buy Now | 4.57% | Evercore ISI Group | Michael Montani61% | $72 → $68 | Maintains | In-Line | Get Alert |
05/16/2024 | Buy Now | 38.4% | Wedbush | Seth Basham66% | $90 → $90 | Reiterates | Outperform → Outperform | Get Alert |
04/16/2024 | Buy Now | 38.4% | Wedbush | Seth Basham66% | $90 → $90 | Reiterates | Outperform → Outperform | Get Alert |
04/15/2024 | Buy Now | -15.42% | JP Morgan | Rajat Gupta72% | $60 → $55 | Maintains | Underweight | Get Alert |
04/12/2024 | Buy Now | 13.79% | Evercore ISI Group | Michael Montani61% | $85 → $74 | Maintains | In-Line | Get Alert |
04/12/2024 | Buy Now | 12.26% | RBC Capital | Steven Shemesh63% | $83 → $73 | Maintains | Outperform | Get Alert |
04/12/2024 | Buy Now | 15.33% | Mizuho | David Bellinger46% | $80 → $75 | Maintains | Neutral | Get Alert |
04/12/2024 | Buy Now | 10.72% | Truist Securities | Scot Ciccarelli71% | $75 → $72 | Maintains | Hold | Get Alert |
04/12/2024 | Buy Now | 39.94% | Needham | Chris Pierce41% | $99 → $91 | Maintains | Buy | Get Alert |
04/12/2024 | Buy Now | 29.17% | Baird | Craig Kennison56% | $88 → $84 | Maintains | Outperform | Get Alert |
04/09/2024 | Buy Now | 61.46% | Oppenheimer | Brian Nagel69% | $105 → $105 | Reiterates | Outperform → Outperform | Get Alert |
04/08/2024 | Buy Now | 27.63% | RBC Capital | Steven Shemesh63% | $83 → $83 | Maintains | Outperform | Get Alert |
04/02/2024 | Buy Now | 53.78% | Wedbush | Seth Basham66% | $90 → $100 | Maintains | Outperform | Get Alert |
03/26/2024 | Buy Now | 30.71% | Evercore ISI Group | Michael Montani61% | $78 → $85 | Maintains | In-Line | Get Alert |
03/20/2024 | Buy Now | 52.24% | Needham | Chris Pierce41% | → $99 | Upgrade | Hold → Buy | Get Alert |
03/19/2024 | Buy Now | 23.02% | Mizuho | David Bellinger46% | → $80 | Initiates | → Neutral | Get Alert |
02/29/2024 | Buy Now | -23.11% | B of A Securities | John Murphy54% | $44 → $50 | Maintains | Underperform | Get Alert |
02/16/2024 | Buy Now | 38.4% | Wedbush | Seth Basham66% | $90 → $90 | Reiterates | Outperform → Outperform | Get Alert |
01/17/2024 | Buy Now | 38.4% | Wedbush | Seth Basham66% | $90 → $90 | Reiterates | Outperform → Outperform | Get Alert |
12/22/2023 | Buy Now | 15.33% | Truist Securities | Scot Ciccarelli71% | $72 → $75 | Maintains | Hold | Get Alert |
12/22/2023 | Buy Now | 27.63% | RBC Capital | Steven Shemesh63% | $80 → $83 | Maintains | Outperform | Get Alert |
11/29/2023 | Buy Now | -7.73% | JP Morgan | Rajat Gupta72% | $70 → $60 | Maintains | Underweight | Get Alert |
11/16/2023 | Buy Now | 23.02% | Wedbush | Seth Basham66% | $90 → $80 | Maintains | Outperform | Get Alert |
10/31/2023 | Buy Now | 38.4% | Wedbush | Seth Basham66% | → $90 | Reiterates | Outperform → Outperform | Get Alert |
10/18/2023 | Buy Now | 10.72% | Truist Securities | Scot Ciccarelli71% | → $72 | Reiterates | Hold → Hold | Get Alert |
10/18/2023 | Buy Now | 38.4% | Wedbush | Seth Basham66% | → $90 | Reiterates | Outperform → Outperform | Get Alert |
09/29/2023 | Buy Now | 23.02% | RBC Capital | Steven Shemesh63% | $90 → $80 | Maintains | Outperform | Get Alert |
09/29/2023 | Buy Now | 10.72% | Truist Securities | Scot Ciccarelli71% | $82 → $72 | Maintains | Hold | Get Alert |
09/29/2023 | Buy Now | 38.4% | Wedbush | Seth Basham66% | → $90 | Reiterates | Outperform → Outperform | Get Alert |
09/29/2023 | Buy Now | 7.64% | Stephens & Co. | Daniel Imbro64% | $78 → $70 | Maintains | Equal-Weight | Get Alert |
09/29/2023 | Buy Now | 35.32% | Baird | Craig Kennison56% | $96 → $88 | Maintains | Outperform | Get Alert |
09/25/2023 | Buy Now | 21.48% | Evercore ISI Group | Michael Montani61% | $80 → $79 | Maintains | In-Line | Get Alert |
09/25/2023 | Buy Now | 38.4% | Wedbush | Seth Basham66% | $85 → $90 | Upgrade | Neutral → Outperform | Get Alert |
09/19/2023 | Buy Now | 30.71% | Wedbush | Seth Basham66% | → $85 | Reiterates | Neutral → Neutral | Get Alert |
08/17/2023 | Buy Now | 47.62% | Baird | Craig Kennison56% | $90 → $96 | Maintains | Outperform | Get Alert |
08/17/2023 | Buy Now | 30.71% | Wedbush | Seth Basham66% | → $85 | Reiterates | Neutral → Neutral | Get Alert |
07/14/2023 | Buy Now | 61.46% | Oppenheimer | Brian Nagel69% | $85 → $105 | Maintains | Outperform | Get Alert |
06/28/2023 | Buy Now | 23.02% | Morgan Stanley | Adam Jonas63% | $75 → $80 | Maintains | Overweight | Get Alert |
06/26/2023 | Buy Now | 26.1% | Truist Securities | Scot Ciccarelli71% | $64 → $82 | Maintains | Hold | Get Alert |
06/26/2023 | Buy Now | 38.4% | RBC Capital | Steven Shemesh63% | $70 → $90 | Maintains | Outperform | Get Alert |
06/26/2023 | Buy Now | -7.73% | JP Morgan | Rajat Gupta72% | $55 → $60 | Maintains | Underweight | Get Alert |
06/15/2023 | Buy Now | -1.58% | Truist Securities | Scot Ciccarelli71% | → $64 | Reiterates | Hold → Hold | Get Alert |
06/12/2023 | Buy Now | — | Northcoast Research | John Healy68% | — | Downgrade | Buy → Neutral | Get Alert |
04/24/2023 | Buy Now | 7.64% | Wedbush | Seth Basham66% | $55 → $70 | Maintains | Neutral | Get Alert |
04/14/2023 | Buy Now | 30.71% | Oppenheimer | Brian Nagel69% | $75 → $85 | Maintains | Outperform | Get Alert |
04/13/2023 | Buy Now | -32.34% | B of A Securities | John Murphy54% | $40 → $44 | Maintains | Underperform | Get Alert |
04/13/2023 | Buy Now | 7.64% | RBC Capital | Steven Shemesh63% | $60 → $70 | Maintains | Outperform | Get Alert |
04/12/2023 | Buy Now | -1.58% | Truist Securities | Scot Ciccarelli71% | $66 → $64 | Maintains | Hold | Get Alert |
04/12/2023 | Buy Now | -15.42% | Wedbush | Seth Basham66% | → $55 | Reiterates | → Neutral | Get Alert |
03/31/2023 | Buy Now | -21.57% | Stephens & Co. | Daniel Imbro64% | $53 → $51 | Maintains | Equal-Weight | Get Alert |
03/16/2023 | Buy Now | -15.42% | Wedbush | Seth Basham66% | → $55 | Reiterates | → Neutral | Get Alert |
03/10/2023 | Buy Now | -15.42% | JP Morgan | Rajat Gupta72% | $60 → $55 | Maintains | Underweight | Get Alert |
02/23/2023 | Buy Now | 1.49% | Truist Securities | Scot Ciccarelli71% | → $66 | Initiates | → Hold | Get Alert |
01/11/2023 | Buy Now | -7.73% | JP Morgan | Rajat Gupta72% | → $60 | Downgrade | Neutral → Underweight | Get Alert |
01/05/2023 | Buy Now | — | Argus Research | Taylor Conrad52% | — | Downgrade | Buy → Hold | Get Alert |
The latest price target for CarMax (NYSE:KMX) was reported by Wedbush on April 21, 2025. The analyst firm set a price target for $90.00 expecting KMX to rise to within 12 months (a possible 38.40% 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 April 21, 2025 so you should expect the next rating to be made available sometime around April 21, 2026.
While ratings are subjective and will change, the latest CarMax (KMX) rating was a maintained with a price target of $90.00 to $90.00. The current price CarMax (KMX) is trading at is $65.03, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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