CarMax (KMX) Stock Forecast, Price Target & Predictions


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KMX Stock Forecast


CarMax (KMX) stock forecast, based on 35 Wall Street analysts, predicts a 12-month average price target of $39.70, with a high of $60.00 and a low of $24.00. This represents a -12.05% decline from the last price of $45.14.

$20 $34 $48 $62 $76 $90 High: $60 Avg: $39.7 Low: $24 Last Closed Price: $45.14

KMX Stock Rating


CarMax stock's rating consensus is Hold, based on 35 Wall Street analysts. The breakdown includes 1 Strong Buy (2.86%), 9 Buy (25.71%), 21 Hold (60.00%), 4 Sell (11.43%), and 0 Strong Sell (0.00%).

Hold
Total 35 4 21 9 1 Strong Sell Sell Hold Buy Strong Buy

KMX Price Target Upside V Benchmarks


TypeNameUpside
StockCarMax-12.05%
SectorConsumer Cyclical Stocks 12.30%
IndustryCar Dealership Stocks11.91%

Price Target Trends


1M3M12M
# Anlaysts-1120
Avg Price Target-$34.27$46.25
Last Closing Price$45.14$45.14$45.14
Upside/Downside--24.08%2.46%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 26-214-420
Dec, 25-214-420
Nov, 253410-219
Oct, 25359-219
Sep, 25395-219
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 19, 2025Steven ShemeshRBC Capital$37.00$38.44-3.75%-18.03%
Dec 19, 2025Wedbush$36.00$38.52-6.54%-20.25%
Dec 19, 2025David BellingerMizuho Securities$36.00$39.34-8.49%-20.25%
Dec 19, 2025Stephens$36.00$39.34-8.49%-20.25%
Dec 19, 2025Michael MontaniEvercore ISI$36.00$39.34-8.49%-20.25%
Dec 19, 2025John BabcockBarclays$24.00$39.34-38.99%-46.83%
Dec 18, 2025Truist Financial$37.00$39.77-6.97%-18.03%
Dec 09, 2025Evercore ISI$37.00$39.26-5.76%-18.03%
Dec 08, 2025Andrew PercocoMorgan Stanley$35.00$38.77-9.72%-22.46%
Nov 11, 2025Barclays$28.00$34.14-17.98%-37.97%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Jan 21, 2026BarclaysUnderweightUnderweighthold
Dec 19, 2025RBC CapitalSector PerformSector Performhold
Dec 19, 2025Evercore ISIReduceReducehold
Dec 19, 2025BarclaysUnderweightUnderweighthold
Dec 16, 2025BenchmarkHoldHoldhold
Nov 11, 2025BarclaysUnderweightinitialise
Nov 06, 2025Evercore ISIReduceReducehold
Nov 06, 2025BenchmarkHolddowngrade
Sep 29, 2025Seaport GlobalBuyNeutraldowngrade
Sep 26, 2025OppenheimerOutperformPerformdowngrade

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 Hold, based on 35 Wall Street analysts. The rating breakdown includes 1 Strong Buy, 9 Buy, 21 Hold, 4 Sell, and 0 Strong Sell, reflecting a consensus that CarMax is a neutral investment for most analysts.

What is CarMax's price target?

CarMax's price target, set by 35 Wall Street analysts, averages $39.7 over the next 12 months. The price target range spans from $24 at the low end to $60 at the high end, suggesting a potential -12.05% change from the previous closing price of $45.14.

How does CarMax stock forecast compare to its benchmarks?

CarMax's stock forecast shows a -12.05% downside, underperforming the average forecast for the consumer cyclical stocks sector (12.30%) and underperforming the car dealership stocks industry (11.91%).

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

  • January 2026: 0% Strong Buy, 10.00% Buy, 70.00% Hold, 0% Sell, 20.00% Strong Sell.
  • December 2025: 0% Strong Buy, 10.00% Buy, 70.00% Hold, 0% Sell, 20.00% Strong Sell.
  • November 2025: 15.79% Strong Buy, 21.05% Buy, 52.63% Hold, 0% Sell, 10.53% 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.