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KMX

CarMax (KMX) Stock Forecast & Price Target

CarMax (KMX) Analyst Ratings

Based on 13 analyst ratings
Hold
Strong Buy 15%
Buy 8%
Hold 54%
Sell 23%
Strong Sell 0%

Bulls say

CarMax is the largest used-vehicle retailer in the US with over 260 retail stores and a market share of only 3.6%, leaving plenty of room for growth. The company's new CEO, Keith Barr, comes highly recommended and is expected to drive long-term value for investors. Despite near-term earnings pressure, the company has a solid plan in place to transform the business and improve competitive positioning, including investing in price and advertising, reducing costs, and expanding monetization capabilities. However, there are risks to the thesis, including potential declines in consumer spending and increased competition in the used-car market.

Bears say

CarMax is facing headwinds from a competitive used vehicle market, with potential unit growth deceleration and reduced retail gross profit per unit. The recent announcement by shareholder Starboard Value, which has identified areas for P&L improvement, may signal upcoming corporate governance changes, but this does not address the fundamental competitive factors at play. Additionally, while CarMax has made efforts towards diversity and inclusion, there is room for improvement in equitable employment practices.

CarMax (KMX) has been analyzed by 13 analysts, with a consensus rating of Hold. 15% of analysts recommend a Strong Buy, 8% recommend Buy, 54% suggest Holding, 23% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of CarMax and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About CarMax (KMX) Forecast

Analysts have given CarMax (KMX) a Hold based on their latest research and market trends.

According to 13 analysts, CarMax (KMX) has a Hold consensus rating as of May 6, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $40.69, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $40.69, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

CarMax (KMX)


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