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KMX Overview

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0.000(0.000%)
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0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
53.930
Open
48.300
VWAP
51.77
Vol
7.33M
Mkt Cap
7.61B
Low
47.732
Amount
379.77M
EV/EBITDA(TTM)
61.72
Total Shares
141.91M
EV
25.61B
EV/OCF(TTM)
17.06
P/S(TTM)
0.30
CarMax, Inc. is a retailer of used autos. The Company operates through two segments: CarMax Sales Operations and CarMax Auto Finance (CAF). The CarMax Sales Operations segment consists of all aspects of its auto merchandising and service operations. The CarMax Sales Operations segment sells used vehicles, purchases used vehicles from customers and other sources, sells related products and services, and arranges financing options for customers. The CAF segment consists solely of its own finance operation that provides financing for customers buying retail vehicles from the Company. The CAF segment also services all auto loans, it originates and is responsible for providing billing statements, collecting payments, maintaining contact with delinquent customers, and arranging for the repossession of vehicles securing defaulted loans. It provides customers with a range of other related products and services, including extended protection plan (EPP) products and vehicle repair services.
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Events Timeline

(ET)
2026-06-17
16:30:00
Federal Reserve Keeps Rates Unchanged, Markets Close Lower
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News

Newsfilter
9.5
06-18Newsfilter
PinnedCarMax Reports Strong Q1 Earnings, Unveils Growth Strategy
  • Earnings Beat: CarMax reported Q1 earnings per share of $1.50, exceeding analyst expectations by 15%, indicating strong demand in the used car market and effective cost control strategies.
  • New Growth Strategy: The company unveiled a new growth strategy focused on digital transformation and enhancing customer experience, which is expected to drive sales growth in the coming quarters.
  • Analyst Target Upgrades: Several analysts raised their price targets for CarMax, reflecting optimistic market expectations regarding its future growth potential, as analysts believe the company will benefit from a recovery in the used car market.
  • Positive Market Reaction: Following the earnings release, CarMax's stock price surged by 8%, demonstrating investor confidence in the company's new strategy and strong performance, further solidifying market confidence in its long-term growth.
Fool
9.5
06-18Fool
PinnedCarMax Reports Strong Q1 Earnings but Stock Declines
  • Earnings Beat: CarMax's Q1 fiscal 2027 report revealed revenues of $8.01 billion, exceeding market expectations by approximately $580 million, although earnings per share of $1.31 represented a 5.1% decline year-over-year, indicating pressure on profitability despite sales growth.
  • Sales Growth: The company experienced a 6.1% year-over-year increase in sales, with combined retail and wholesale unit sales rising by 3.3%, suggesting that market demand remains strong despite profitability challenges.
  • Cost Control Goals: CarMax anticipates achieving approximately $200 million in cost savings for the fiscal year, and management remains optimistic about controlling selling, general, and administrative expenses despite current pressures.
  • Market Reaction: Despite the strong Q1 performance, CarMax's stock fell nearly 9% in trading, reflecting investor disappointment over forward guidance, particularly against the backdrop of a broader market decline.
Fool
9.5
06-19Fool
CarMax Stock Surges 13% After Analyst Upgrades
  • Stock Rebound: CarMax's stock surged 13% on Thursday after a 9% drop the previous day, indicating a positive market reaction to its earnings report despite initial negative sentiment.
  • Analyst Rating Upgrades: J.P. Morgan raised its price target for CarMax to $38 while maintaining a sell rating, whereas Baird increased its target from $48 to $55, reflecting analysts' confidence in the company's future performance.
  • Key Analyst Adjustment: Stephens analyst Jeff Lick upgraded CarMax's rating from equal weight to overweight and significantly raised his price target to $66, acknowledging its strong market position despite competitive pressures.
  • Strong Performance: CarMax reported a 6% year-over-year revenue growth in its first quarter, and if it can sustain this growth, its stock is expected to perform well in a challenging auto sales environment.
NASDAQ.COM
9.5
06-19NASDAQ.COM
CarMax Shares Surge 13% as Analysts Upgrade Outlook
  • Stock Price Rebound: CarMax shares surged 13% on Thursday after a 9% drop the previous day, indicating a recovery in investor confidence regarding its growth potential despite an initial negative reaction to its earnings report.
  • Analyst Rating Adjustments: J.P. Morgan raised its price target for CarMax to $38 while maintaining a sell rating, whereas Baird increased its target from $48 to $55, reflecting a more optimistic outlook on CarMax's future performance.
  • Positive Analyst Outlook: Analyst Jeff Lick from Stephens upgraded CarMax's rating from equal weight to overweight and significantly raised his price target to $66, asserting that CarMax will continue to attract customers as the leading used-car retailer, despite facing some market challenges.
  • Quarterly Performance: CarMax reported a 6% year-over-year revenue growth in Q1 of fiscal 2027, showcasing resilience in a challenging auto sales environment, and if it can sustain this growth, its stock is expected to perform well.
stocktwits
9.5
06-18stocktwits
CarMax Q1 Earnings Beat Estimates, Analysts Optimistic About Future
  • Earnings Beat: CarMax reported Q1 revenue exceeding $8 billion and earnings per share of $1.31, both comfortably surpassing market expectations, indicating strong performance in the used car retail sector that may attract more investor interest.
  • Analyst Upgrades: At least eight Wall Street analysts raised their price targets on CarMax, including one bullish upgrade, reflecting optimistic market sentiment regarding the company's future growth potential, which could drive further stock price increases.
  • New CEO's Strategic Plan: New CEO Keith Barr unveiled a four-pillar strategy, with details to be announced in the fall, which analysts believe will help lower costs and improve customer conversion rates, thereby driving profit growth.
  • Shifting Market Sentiment: Retail investor sentiment towards KMX stock shifted from 'bearish' to 'neutral', indicating a gradual restoration of confidence in the company's future despite a nearly 19% decline in stock price over the past year.
stocktwits
9.5
06-17stocktwits
CarMax CEO Highlights Need to Improve Customer Experience
  • Earnings Beat Expectations: CarMax reported Q1 earnings of $1.31 per share, surpassing analysts' expectations of $0.98, with revenue hitting $8 billion, exceeding the consensus forecast of $7.4 billion, although total gross profit declined by 4.4%, indicating pressure on profitability amid high costs.
  • Need for Customer Experience Improvement: CEO Keith Barr highlighted the disconnect between CarMax's online and in-store experiences, which is hurting conversion rates; management plans to leverage technology to reduce reconditioning costs while enhancing operational efficiency to improve the customer journey and fully utilize the nationwide store network.
  • Operational Inefficiencies: Barr pointed out that CarMax's core operations are not yet fast and efficient enough, noting that despite moving over two million vehicles annually, the logistics network suffers from “too many unproductive transfers,” which hampers overall operational efficiency.
  • Bearish Market Sentiment: On Stocktwits, retail sentiment for KMX is deemed 'bearish,' with message volume surging 8,600%, reflecting investor concerns about the company's future performance, as the stock has lost nearly 27% over the past 12 months.
Wall Street analysts forecast KMX stock price to rise
13 Analyst Rating
Wall Street analysts forecast KMX stock price to rise
0 Buy
10 Hold
3 Sell
Hold
Current: 0.000
sliders
Low
24.00
Averages
33.60
High
37.00
Current: 0.000
sliders
Low
24.00
Averages
33.60
High
37.00
Stephens
Stephens
Equal Weight
to
Overweight
upgrade
$43 -> $66
AI Analysis
2026-06-18
New
Reason
Stephens
Stephens
Price Target
$43 -> $66
AI Analysis
2026-06-18
New
upgrade
Equal Weight
to
Overweight
Reason
Stephens upgraded CarMax to Overweight from Equal Weight with a price target of $66, up from $43. The firm, which is adjusting estimates after yesterday's fiscal Q1 report, sees the stock set up as "quite favorable/bullish." While the firm fully believes CarMax believes it can be the number one used car retailer in America, Stephens argues "they do not need to be for its shares to work nicely," CarMax "just needs to be the best version of itself right now." The Q1 results highlighted "just how low the low-hanging fruit is," the analyst added.
Stephens
Equal Weight
to
Overweight
upgrade
$43 -> $66
2026-06-18
New
Reason
Stephens
Price Target
$43 -> $66
2026-06-18
New
upgrade
Equal Weight
to
Overweight
Reason
Stephens upgraded CarMax to Overweight from Equal Weight with a price target of $66, up from $43.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for KMX
Unlock Now

Valuation Metrics

The current forward P/E ratio for Carmax Inc (KMX.N) is 20.08, compared to its 5-year average forward P/E of 21.10. For a more detailed relative valuation and DCF analysis to assess Carmax Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
21.10
Current PE
20.08
Overvalued PE
26.02
Undervalued PE
16.17

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
26.91
Current EV/EBITDA
29.96
Overvalued EV/EBITDA
32.31
Undervalued EV/EBITDA
21.52

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.44
Current PS
0.25
Overvalued PS
0.58
Undervalued PS
0.30

Financials

AI Analysis
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Quarterly

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Whales Holding KMX

S
SRS Investment Management, LLC
Holding
KMX
+28.43%
3M Return
A
Apollo Global Management, Inc.
Holding
KMX
+24.02%
3M Return
F
First Pacific Advisors, LP
Holding
KMX
+15.64%
3M Return
A
Arlington Value Capital, LLC
Holding
KMX
+12.25%
3M Return
V
Vulcan Value Partners, LLC
Holding
KMX
+5.89%
3M Return
A
Akre Capital Management, LLC
Holding
KMX
+3.54%
3M Return

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Frequently Asked Questions

What is Carmax Inc (KMX) stock price today?

The current price of KMX is 53.66 USD — it has increased 13.14

What is Carmax Inc (KMX)'s business?

CarMax, Inc. is a retailer of used autos. The Company operates through two segments: CarMax Sales Operations and CarMax Auto Finance (CAF). The CarMax Sales Operations segment consists of all aspects of its auto merchandising and service operations. The CarMax Sales Operations segment sells used vehicles, purchases used vehicles from customers and other sources, sells related products and services, and arranges financing options for customers. The CAF segment consists solely of its own finance operation that provides financing for customers buying retail vehicles from the Company. The CAF segment also services all auto loans, it originates and is responsible for providing billing statements, collecting payments, maintaining contact with delinquent customers, and arranging for the repossession of vehicles securing defaulted loans. It provides customers with a range of other related products and services, including extended protection plan (EPP) products and vehicle repair services.

What is the price predicton of KMX Stock?

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 is33.60 USD with a low forecast of 24.00 USD and a high forecast of 37.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Carmax Inc (KMX)'s revenue for the last quarter?

Carmax Inc revenue for the last quarter amounts to 8.01B USD, increased 6.19

What is Carmax Inc (KMX)'s earnings per share (EPS) for the last quarter?

Carmax Inc. EPS for the last quarter amounts to 1.31 USD, decreased -5.07

How many employees does Carmax Inc (KMX). have?

Carmax Inc (KMX) has 27796 emplpoyees as of June 20 2026.

What is Carmax Inc (KMX) market cap?

Today KMX has the market capitalization of 7.61B USD.