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CarMax (KMX): analyst forecast and price target
Analyst consensus
Hold3 Buy10 Hold0 Sell
Ratings of 13 analysts in the last 3 months12-month forecast
Based on 13 price targets given in the last 3 months, the average target is $64.11, the highest $74.00, the lowest $53.00. The average is +20.2% from the last price of $53.33.
Analyst ratings 17
| Analyst | Firm | Price target | Rating | Upside | Action | Date | Move vs SPY | |
|---|---|---|---|---|---|---|---|---|
| Alexander Perry★★★★★★★★★★#6720 · hits 46% · avg +0.9% | Bank of America Securities | $50.00 → $65.00+30.0% | Buy | +21.9% | Upgrade | 15.10.26on TipRanks 06:55 | +5.3%next day +2.5% | ↗ |
| Bill Selesky★★★★★★★★★★#1503 · hits 60% · avg +7.8% | Argus Research | — | Hold | — | Reiterated | 01.10.26on TipRanks Oct 2 09:15 | +1.2%next day −2.5% · 5 days −5.1% | ↗ |
| Andrew Percoco★★★★★★★★★★#222 · hits 61% · avg +54.9% | Morgan Stanley | $47.00 → $53.00+12.8% | Hold | −0.6% | Assigned | 30.09.26on TipRanks 08:10 | −6.8%next day +1.2% · 5 days −5.2% | ↗ |
| Rajat Gupta CFA★★★★★★★★★★#2112 · hits 51% · avg +7.4% | J.P. Morgan | $70.00 | Hold | +31.3% | Reiterated | 30.09.26on TipRanks 07:50 | −6.8%next day +1.2% · 5 days −5.2% | ↗ |
| Joseph Spak★★★★★★★★★★#12325 · hits 44% · avg −9.1% | UBS | $57.00 → $62.00+8.8% | Hold | +16.3% | Reiterated | 30.09.26on TipRanks 07:30 | −6.8%next day +1.2% · 5 days −5.2% | ↗ |
| Craig Kennison★★★★★★★★★★#10563 · hits 43% · avg −1.0% | Robert W. Baird | $64.00 → $70.00+9.4% | Buy | +31.3% | Reiterated | 30.09.26on TipRanks 07:25 | −6.8%next day +1.2% · 5 days −5.2% | ↗ |
| AI xAi Auto - DealershipsxAI Grok-3 | TipRanks - xAI | $57.00 → $60.00+5.3% | Hold | +12.5% | Reiterated | 30.09.26on TipRanks 06:05 | — | |
| AI DeepSeek Auto - DealershipsDeepSeek R1-0528 | TipRanks - DeepSeek | $55.00 → $61.00+10.9% | Hold | +14.4% | Reiterated | 30.09.26on TipRanks 06:05 | — | |
| AI OpenAI Auto - DealershipsOpenAI 4o | TipRanks - OpenAI | $57.00 → $62.00+8.8% | Hold | +16.3% | Reiterated | 30.09.26on TipRanks 06:05 | — | |
| AI Anthropic Auto - DealershipsAnthropic Opus-4.1 | TipRanks - Anthropic | $57.00 → $61.00+7.0% | Hold | +14.4% | Reiterated | 30.09.26on TipRanks 06:05 | — | |
| AI Google Auto - DealershipsGemini 2.5Pro | TipRanks - Google | $57.00 → $63.00+10.5% | Hold | +18.1% | Reiterated | 30.09.26on TipRanks 06:05 | — | |
| AI PerPlexity Auto - DealershipsPerPlexity SonarPro | TipRanks - PerPlexity | $57.00 → $62.00+8.8% | Hold | +16.3% | Reiterated | 30.09.26on TipRanks 06:05 | — | |
| Sharon Zackfia★★★★★★★★★★#4054 · hits 44% · avg +3.0% | William Blair | — | Hold | — | Reiterated | 30.09.26on TipRanks Sep 29 17:06 | −6.8%next day +1.2% · 5 days −5.2% | ↗ |
| Scot Ciccarelli★★★★★★★★★★#218 · hits 68% · avg +14.8% | Truist Financial | $50.00 → $60.00+20.0% | Hold | +12.5% | Reiterated | 30.09.26on TipRanks Sep 29 07:30 | +4.9%next day −6.8% · 5 days −8.6% | ↗ |
| Steven Shemesh★★★★★★★★★★#7590 · hits 50% · avg +0.2% | RBC Capital | $45.00 → $56.00+24.4% | Hold | +5.0% | Assigned | 29.09.26on TipRanks Sep 30 07:10 | +4.9%next day −6.8% · 5 days −8.6% | ↗ |
| Chris Pierce★★★★★★★★★★#11893 · hits 42% · avg −5.3% | Needham | — | Hold | — | Reiterated | 29.09.26on TipRanks 11:55 | +4.9%next day −6.8% · 5 days −8.6% | ↗ |
| John Babcock★★★★★★★★★★#1716 · hits 59% · avg +11.8% | Barclays | $61.00 → $67.00+9.8% | Hold | +25.6% | Reiterated | 29.09.26on TipRanks 05:00 | +4.9%next day −6.8% · 5 days −8.6% | ↗ |
| Brian Nagel★★★★★★★★★★#314 · hits 58% · avg +17.9% | Oppenheimer | — | Hold | — | Reiterated | 25.09.26on TipRanks Sep 26 12:55 | +1.0%next day −0.4% · 5 days −3.8% | ↗ |
| Jeff Lick★★★★★★★★★★#3870 · hits 44% · avg +8.6% | Stephens | $66.00 → $74.00+12.1% | Buy | +38.8% | Assigned | 25.09.26on TipRanks 07:40 | +1.0%next day −0.4% · 5 days −3.8% | ↗ |
| David Bellinger★★★★★★★★★★#6513 · hits 45% · avg +1.1% | Mizuho Securities | $43.00 | Hold | −19.4% | Reiterated | 21.06.26on TipRanks Jun 22 08:15 | −2.0%next day +0.5% · 5 days +1.9% | ↗ |
| Michael Montani★★★★★★★★★★#5031 · hits 53% · avg +3.1% | Evercore ISI | $39.00 → $45.00+15.4% | Hold | −15.6% | Reiterated | 15.04.26on TipRanks 09:35 | −3.5%next day −0.3% · 5 days −3.9% | ↗ |
| Scott Devitt★★★★★★★★★★#829 · hits 49% · avg +11.8% | Wedbush | $36.00 | Hold | −32.5% | Reiterated | 18.03.26on TipRanks 07:50 | +0.1%next day +1.6% · 5 days +0.6% | ↗ |
| Michael Albanese★★★★★★★★★★#12159 · hits 37% · avg −12.1% | Benchmark Co. | — | Hold | — | Reiterated | 23.12.25on TipRanks 07:30 | +0.3%next day +1.5% · 5 days +1.4% | ↗ |
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The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included
Best analysts covering CarMax
TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.
Most accurate
Most profitable
How the average price target moved
The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $62.44 at a price of $55.11 (+13.3%); now: $64.11 at $53.33 (+20.2%).
PriceAverage targetTop analysts’ target
Recommendation trend
Strong BuyBuyHoldSell
| Rating | 05.26 | 06.26 | 07.26 | 08.26 | 09.26 | 10.26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 2 | 2 | 2 | 2 | 3 |
| Hold | 17 | 24 | 16 | 14 | 16 | 14 |
| Sell | 7 | 12 | 8 | 8 | 1 | 1 |
Earnings and sales forecast
Next report: 17.12.26 (Q3 2027, date not confirmed)
Earnings per share
Next quarter’s EPS estimate — $0.43 (from $0.12 to $0.77). Last quarter: $1.16.
Sales
Next quarter’s sales estimate — $6.6B (from $5.9B to $7.0B). Last quarter: $8.3B.
Best top-analyst consensus in the sector · Consumercyclical
About CarMax
- CEO: Keith Barr
- Employees: 27,796
- 12800 Tuckahoe Creek Parkway, Richmond, VA, 23238, US
- www.carmax.com
CarMax, Inc., together with its associated entities, functions as a prominent purveyor of previously owned automobiles across the United States. Its business operations are strategically structured into two principal divisions: CarMax Sales Operations and CarMax Auto Finance. Through its retail offerings, the company provides an extensive selection of pre-owned vehicles, including various domestic, imported, and luxury models, in addition to hybrid and electric options. Customers also have the opportunity to purchase extended protection plans at the time of their vehicle acquisition. Separately, CarMax sells older, higher-mileage vehicles—typically around ten years old with over 100,000 miles—via wholesale auctions. Furthermore, CarMax delivers reconditioning and repair services for its vehicles. For its retail clients, the company facilitates a range of financing alternatives designed to accommodate diverse credit profiles, managed both by its internal CarMax Auto Finance segment and through arrangements with various external financial institutions. As of February 28, 2022, CarMax operated a network comprising approximately 230 retail locations specializing in used cars. Founded in 1993, CarMax, Inc. maintains its corporate headquarters in Richmond, Virginia.
Data from the stock’s TipRanks forecast page, read 62 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗