Carmax Inc
NYSE:KMX

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Carmax Inc
NYSE:KMX
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Price: 81.6 USD 1.2% Market Closed
Market Cap: 12.6B USD
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Wall Street
Price Targets

KMX Price Targets Summary
Carmax Inc

Wall Street analysts forecast KMX stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for KMX is 81.85 USD with a low forecast of 58.58 USD and a high forecast of 110.25 USD.

Lowest
Price Target
58.58 USD
28% Downside
Average
Price Target
81.85 USD
0% Upside
Highest
Price Target
110.25 USD
35% Upside

KMX Last Price Targets
Carmax Inc

The latest public price target was made on Sep 27, 2024 by Michael Montani from Evercore ISI , who expects KMX stock to drop by 3% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Michael Montani
Evercore ISI
79 USD
Downside 3%
1 month ago
Sep 27, 2024
CarMax (KMX) PT Raised to $79 at Evercore ISI
StreetInsider
Steven Shemesh
RBC Capital
82 USD
Upside 0%
1 month ago
Sep 27, 2024
CarMax price target raised to $82 from $75 at RBC Capital
TheFly
Scot Ciccarelli
Truist Financial
75 USD
Downside 8%
2 months ago
Sep 23, 2024
CarMax (KMX) PT Raised to $75 at Truist Securities
StreetInsider
Garrett Nelson
CFRA
100 USD
Upside 23%
2 months ago
Aug 27, 2024
CFRA Upgrades CarMax (KMX) to Buy
StreetInsider
Seth Basham
Wedbush
95 USD
Upside 16%
4 months ago
Jul 17, 2024
CarMax price target raised to $95 from $85 at Wedbush
TheFly
Steven Shemesh
RBC Capital
75 USD
Downside 8%
4 months ago
Jun 24, 2024
CarMax price target raised to $75 from $73 at RBC Capital
TheFly
Chris Pierce
Needham
87 USD
Upside 7%
4 months ago
Jun 24, 2024
CarMax (KMX) PT Lowered to $87 at Needham
StreetInsider
Seth Basham
Wedbush
90 USD
Upside 10%
5 months ago
Jun 21, 2024
CarMax Likely To Report Lower Q1 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Benzinga
Scot Ciccarelli
Truist Financial
70 USD
Downside 14%
5 months ago
Jun 21, 2024
CarMax (KMX) PT Raised to $70 at Truist Securities
StreetInsider
David Bellinger
Mizuho Securities
72 USD
Downside 12%
5 months ago
Jun 18, 2024
CarMax (KMX) PT Lowered to $72 at Mizuho
StreetInsider
Michael Montani
Evercore ISI
68 USD
Downside 17%
5 months ago
Jun 18, 2024
Evercore ISI Reiterates In Line Rating on CarMax (KMX), Positive TAP
StreetInsider
Glenn Chin
Seaport Global
95 USD
Upside 16%
7 months ago
Apr 19, 2024
CarMax price target lowered to $95 from $100 at Seaport Research
TheFly
Craig Kennison
Robert W. Baird
84 USD
Upside 3%
7 months ago
Apr 12, 2024
CarMax (KMX) PT Lowered to $84 at Baird
StreetInsider
David Bellinger
Mizuho Securities
75 USD
Downside 8%
7 months ago
Apr 12, 2024
CarMax (KMX) PT Lowered to $75 at Mizuho
StreetInsider
Michael Montani
Evercore ISI
74 USD
Downside 9%
7 months ago
Apr 12, 2024
CarMax (KMX) PT Lowered to $74 at Evercore ISI
StreetInsider
Chris Pierce
Needham
91 USD
Upside 12%
7 months ago
Apr 12, 2024
CarMax (KMX) PT Lowered to $91 at Needham
StreetInsider
Steven Shemesh
RBC Capital
73 USD
Downside 11%
7 months ago
Apr 12, 2024
CarMax (KMX) PT Lowered to $73 at RBC Capital
StreetInsider
Garrett Nelson
CFRA
70 USD
Downside 14%
7 months ago
Apr 11, 2024
CarMax (KMX) PT Lowered to $70 at CFRA
StreetInsider
Glenn Chin
Seaport Global
100 USD
Upside 23%
7 months ago
Mar 28, 2024
CarMax price target raised to $100 from $88 at Seaport Research
TheFly
Chris Pierce
Needham
99 USD
Upside 21%
8 months ago
Mar 20, 2024
CarMax On The Fast Track, Analyst Upgrades Stock Citing Recovery Signs
Benzinga
Scot Ciccarelli
Truist Financial
72 USD
Downside 12%
11 months ago
Dec 21, 2023
CarMax Likely To Report Higher Q3 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Benzinga
Daniel Imbro
Stephens
70 USD
Downside 14%
11 months ago
Dec 21, 2023
CarMax Likely To Report Higher Q3 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Benzinga
Steven Shemesh
RBC Capital
80 USD
Downside 2%
1 year ago
Sep 29, 2023
CarMax Bears The Brunt Of Uncertain Macro, Competition & Uncertainties In Used-Car Markets: Analysts
Benzinga
Brian Nagel
Oppenheimer
105 USD
Upside 29%
1 year ago
Sep 26, 2023
What's In Store For CarMax In Q2 - Analyst Sees Easing Growth Comparisons, Cost Controls & More
Benzinga
Chris Pierce
Needham
86.21 USD
Upside 6%
1 year ago
Jun 26, 2023
CarMax's Strategy for Sourcing Vehicles and Omni-Channel Shift Poised to Drive Profit Despite Increased Competition: Analyst
Benzinga
Scot Ciccarelli
Truist Financial
64 USD
Downside 22%
1 year ago
Jun 23, 2023
CarMax Likely To Report Lower Q1 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Benzinga
Steven Shemesh
RBC Capital
70 USD
Downside 14%
1 year ago
Jun 20, 2023
Will CarMax Hold Its Ground In A Turbulent Used Car Market? Analyst Predicts Near-Term Volatility, Long-Term Gains
Benzinga
Adam Jonas
Morgan Stanley
75 USD
Downside 8%
1 year ago
Apr 11, 2023
Morgan Stanley Analyst Reiterates Positive Outlook: Q4 Bottom Line Driven by Strong Cost Management Strategy
Benzinga
Scot Ciccarelli
Truist Financial
66 USD
Downside 19%
1 year ago
Apr 11, 2023
CarMax Likely To Report Lower Q4 Earnings - Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Benzinga
Seth Basham
Wedbush
55 USD
Downside 33%
1 year ago
Apr 11, 2023
CarMax Likely To Report Lower Q4 Earnings - Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Benzinga
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Michael Montani
Evercore ISI
Price Target 79 USD
Upside/Downside 3%
View Source
Steven Shemesh
RBC Capital
Price Target 82 USD
Upside/Downside 0%
View Source
Scot Ciccarelli
Truist Financial
Price Target 75 USD
Upside/Downside 8%
View Source
Garrett Nelson
CFRA
Price Target 100 USD
Upside/Downside 23%
View Source
Seth Basham
Wedbush
Price Target 95 USD
Upside/Downside 16%
View Source
Steven Shemesh
RBC Capital
Price Target 75 USD
Upside/Downside 8%
View Source
Chris Pierce
Needham
Price Target 87 USD
Upside/Downside 7%
View Source
Seth Basham
Wedbush
Price Target 90 USD
Upside/Downside 10%
View Source
Scot Ciccarelli
Truist Financial
Price Target 70 USD
Upside/Downside 14%
View Source
David Bellinger
Mizuho Securities
Price Target 72 USD
Upside/Downside 12%
View Source
Michael Montani
Evercore ISI
Price Target 68 USD
Upside/Downside 17%
View Source
Glenn Chin
Seaport Global
Price Target 95 USD
Upside/Downside 16%
View Source
Craig Kennison
Robert W. Baird
Price Target 84 USD
Upside/Downside 3%
View Source
David Bellinger
Mizuho Securities
Price Target 75 USD
Upside/Downside 8%
View Source
Michael Montani
Evercore ISI
Price Target 74 USD
Upside/Downside 9%
View Source
Chris Pierce
Needham
Price Target 91 USD
Upside/Downside 12%
View Source
Steven Shemesh
RBC Capital
Price Target 73 USD
Upside/Downside 11%
View Source
Garrett Nelson
CFRA
Price Target 70 USD
Upside/Downside 14%
View Source
Glenn Chin
Seaport Global
Price Target 100 USD
Upside/Downside 23%
View Source
Chris Pierce
Needham
Price Target 99 USD
Upside/Downside 21%
View Source
Scot Ciccarelli
Truist Financial
Price Target 72 USD
Upside/Downside 12%
View Source
Daniel Imbro
Stephens
Price Target 70 USD
Upside/Downside 14%
View Source
Steven Shemesh
RBC Capital
Price Target 80 USD
Upside/Downside 2%
View Source
Brian Nagel
Oppenheimer
Price Target 105 USD
Upside/Downside 29%
View Source
Chris Pierce
Needham
Price Target 86.21 USD
Upside/Downside 6%
View Source
Scot Ciccarelli
Truist Financial
Price Target 64 USD
Upside/Downside 22%
View Source
Steven Shemesh
RBC Capital
Price Target 70 USD
Upside/Downside 14%
View Source
Adam Jonas
Morgan Stanley
Price Target 75 USD
Upside/Downside 8%
View Source
Scot Ciccarelli
Truist Financial
Price Target 66 USD
Upside/Downside 19%
View Source
Seth Basham
Wedbush
Price Target 55 USD
Upside/Downside 33%
View Source
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Carmax Inc Competitors:
Price Targets
OPN
Oponeo.pl SA
6% Downside
MNRO
Monro Inc
11% Upside
ASLC
Autopedia Sukses Lestari Tbk PT
77% Upside
BAUTO
Bermaz Auto Bhd
38% Upside
OR
PTT Oil and Retail Business PCL
14% Upside
AG1
AUTO1 Group SE
2% Upside
APR
Auto Partner SA
35% Upside
APE
Eagers Automotive Ltd
5% Upside

Revenue
Forecast

Revenue Estimate
Carmax Inc

For the last 8 years the compound annual growth rate for Carmax Inc's revenue is 7%. The projected CAGR for the next 3 years is 3%.

7%
Past Growth
3%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Carmax Inc

For the last 8 years the compound annual growth rate for Carmax Inc's operating income is -11%. The projected CAGR for the next 3 years is 61%.

-11%
Past Growth
61%
Estimated Growth
Estimates Accuracy
-39%
Average Miss

Net Income
Forecast

Net Income Estimate
Carmax Inc

For the last 8 years the compound annual growth rate for Carmax Inc's net income is -3%. The projected CAGR for the next 3 years is 18%.

-3%
Past Growth
18%
Estimated Growth
Estimates Accuracy
10%
Average Beat

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is KMX's stock price target?
Price Target
81.85 USD

According to Wall Street analysts, the average 1-year price target for KMX is 81.85 USD with a low forecast of 58.58 USD and a high forecast of 110.25 USD.

What is Carmax Inc's Revenue forecast?
Projected CAGR
3%

For the last 8 years the compound annual growth rate for Carmax Inc's revenue is 7%. The projected CAGR for the next 3 years is 3%.

What is Carmax Inc's Operating Income forecast?
Projected CAGR
61%

For the last 8 years the compound annual growth rate for Carmax Inc's operating income is -11%. The projected CAGR for the next 3 years is 61%.

What is Carmax Inc's Net Income forecast?
Projected CAGR
18%

For the last 8 years the compound annual growth rate for Carmax Inc's net income is -3%. The projected CAGR for the next 3 years is 18%.

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