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KMX Overview

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$
0.000
0.000(0.000%)
At close
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

Loading chart...

High
41.190
Open
41.190
VWAP
40.30
Vol
2.16M
Mkt Cap
5.67B
Low
39.710
Amount
87.01M
EV/EBITDA(TTM)
47.70
Total Shares
141.80M
EV
22.99B
EV/OCF(TTM)
9.25
P/S(TTM)
0.23
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)
2026-03-11
13:00:00
Starboard Value Nominates Two Directors to CarMax Board
select
2026-03-11
10:40:00
CarMax Confirms Starboard Nominates Directors
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2026-03-11
09:00:00
Stock Futures Modestly Lower as Oil Prices Fluctuate
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2026-03-11
08:30:00
Starboard Value Nominates Board Members for CarMax
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2026-03-10 (ET)
2026-03-10
21:00:00
Starboard Value Invests $350M in CarMax
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link
2026-02-27 (ET)
2026-02-27
10:40:00
CarMax Becomes First U.S. Auto Retailer with ChatGPT Shopping App
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2026-02-24 (ET)
2026-02-24
10:10:00
Stardust Power Joins U.S. Defense Department's Cornerstone Consortium
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2026-02-23 (ET)
2026-02-23
14:50:00
U.S. Justice Department Settles with CarMax for $420,000
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link

News

CNBC
7.5
03-30CNBC
Rising Negative Equity Among New Car Buyers
  • Rising Negative Equity: According to J.D. Power, 30.5% of new car buyers are facing negative equity on trade-ins, up 4.2 percentage points from last year, indicating increasing market pressures that affect consumer purchasing decisions.
  • Record High Debt Levels: As of Q4 2025, the average amount owed on underwater trade-ins reached $7,214, a record high, with 27% of these trade-ins carrying over $10,000 in negative equity, reflecting a deterioration in consumer financial health.
  • Increased Payment Burden: The average monthly payment for buyers rolling negative equity into new loans hit $916, which is $144 higher than the average payment for all new car purchases, indicating greater financial strain on consumers when buying vehicles.
  • Extended Loan Terms Trend: Among new car purchases involving negative equity, 40.7% are financed with 84-month loans, suggesting that consumers are extending loan terms to cope with high vehicle prices, thereby increasing future negative equity risks.
Newsfilter
9.5
03-19Newsfilter
CarMax to Report Q4 Financial Results on April 14
  • Earnings Release Schedule: CarMax will report its financial results for the fourth quarter ended February 28, 2026, before the market opens on April 14, 2026, and will host a conference call at 9:00 a.m. ET, ensuring transparent communication of its performance to investors.
  • Executive Participation: The call will feature Interim Executive Chair Tom Folliard, President and CEO Keith Barr, CFO Enrique Mayor-Mora, and EVP of CarMax Auto Finance Jon Daniels, highlighting the company's commitment to engaging with its investors.
  • Financial Performance Overview: In the fiscal year ending February 2025, CarMax sold approximately 790,000 used vehicles and 540,000 wholesale vehicles, indicating strong market performance, while CarMax Auto Finance originated over $8 billion in auto loans, enhancing its nearly $18 billion loan portfolio.
  • Company Background Information: As the largest retailer of used cars in the U.S., CarMax operates over 250 locations with more than 28,000 associates and has been recognized for 21 consecutive years as one of the Fortune 100 Best Companies to Work For, reflecting its leadership in the industry and commitment to employee satisfaction.
seekingalpha
5.0
03-17seekingalpha
CarMax's New CEO Emphasizes Customer-Centric Leadership
  • Leadership Style Introduction: CarMax's new CEO Keith Barr emphasized a customer- and associate-centric leadership approach in his letter to shareholders, drawing on his successful experience in major hotel brands to enhance the company's competitiveness in the used car market.
  • Brand and Market Advantages: Barr praised CarMax's trusted brand and its national footprint reaching 85% of the U.S. population, arguing that these strengths create a powerful platform for growth in the large, fragmented used car market.
  • Technology-Driven Transformation: Barr plans to leverage technology to reduce digital friction and provide a simple, seamless, personalized omnichannel experience, thereby enhancing customer satisfaction and improving associate effectiveness to drive the company towards a more efficient operational model.
  • Governance and Strategic Adjustments: In response to activist investor Starboard Value, Barr committed to implementing disciplined measures to refocus the organization, improve governance, and enhance CarMax's long-term potential to address recent performance challenges.
PRnewswire
7.0
03-14PRnewswire
KSF Launches Investigation into CarMax Amid Financial Declines
  • Financial Performance Decline: CarMax reported a 5.4% decrease in retail unit sales and a 6.3% drop in comparable store sales for Q2 2025, indicating significant market pressure that could adversely affect future profitability.
  • Net Income Plummets: The company's net income for Q2 was approximately $95.4 million, down 28.2% from $132.8 million a year ago, reflecting a sharp decline in profitability that may erode investor confidence.
  • Executive Turnover Impact: The unexpected departure of CarMax's CEO on November 6, 2025, along with a weak preliminary Q3 outlook, could exacerbate market concerns regarding the company's future performance.
  • Legal Action Risks: CarMax and its executives are facing a securities class action lawsuit for failing to disclose material information during the class period, and KSF's investigation will assess whether executives breached fiduciary duties to shareholders, potentially leading to greater legal and financial risks for the company.
Barron's
6.5
03-14Barron's
Analyst Claims Oracle Demonstrates Greater Resilience Despite AI Challenges; Also Featuring CarMax, Rivian, and Other Stocks.
  • Report Overview: Recent reports from investment and research firms provide insights into analysts' perspectives on various companies.

  • Disclaimer: The views expressed in these reports do not reflect the opinions or recommendations of Barron’s.

  • Investment Services: Some report issuers may have existing or potential investment-banking relationships with the companies analyzed.

  • Purpose of Reports: The reports serve as a sampling of market analysis rather than definitive investment advice.

Fool
5.0
03-13Fool
Impact of Rising Gas Prices on EV Adoption
  • Background of Rising Gas Prices: As of March 13, the average price of regular gasoline reached $3.63 per gallon, a 23.5% increase from the previous month, prompting consumer interest in electric vehicles (EVs), although rising gas prices do not directly lead to a surge in EV sales.
  • Current EV Market Status: In Q2 2022, EVs accounted for 5.6% of new vehicle sales in the U.S., a significant increase from 2.7% in Q2 2021, indicating that consumer interest in EVs has risen amid high gas prices.
  • Charging Infrastructure Challenges: While urban areas are increasingly equipped with robust charging networks, rural and smaller cities still face significant challenges, meaning that factors beyond gas prices influence consumer purchasing decisions.
  • Advantages of Chinese Manufacturers: Chinese EV manufacturers like BYD and Nio have rapidly expanded due to government support and domestic demand, and with integrated supply chains and lower production costs, they are expected to benefit from global EV demand growth, especially if oil prices remain high.
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
Evercore ISI
In Line
maintain
$37 -> $39
AI Analysis
2026-03-17
Reason
Evercore ISI
Price Target
$37 -> $39
AI Analysis
2026-03-17
maintain
In Line
Reason
Evercore ISI raised the firm's price target on CarMax to $39 from $37 and keeps an In Line rating on the shares.
Baird
Craig Kennison
Outperform
maintain
$44 -> $48
2026-02-18
Reason
Baird
Craig Kennison
Price Target
$44 -> $48
2026-02-18
maintain
Outperform
Reason
Baird analyst Craig Kennison raised the firm's price target on CarMax to $48 from $44 and keeps an Outperform rating on the shares. The firm updated its model following the company's investor meeting.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for KMX
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Valuation Metrics

The current forward P/E ratio for Carmax Inc (KMX.N) is 17.36, compared to its 5-year average forward P/E of 21.49. 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
21.49
Current PE
17.36
Overvalued PE
26.19
Undervalued PE
16.78

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
27.32
Current EV/EBITDA
27.17
Overvalued EV/EBITDA
32.08
Undervalued EV/EBITDA
22.55

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
0.47
Current PS
0.45
Overvalued PS
0.60
Undervalued PS
0.33

Financials

AI Analysis
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Quarterly

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Whales Holding KMX

D
Diamond Hill Capital Management, Inc.
Holding
KMX
-2.10%
3M Return
S
SRS Investment Management, LLC
Holding
KMX
-3.57%
3M Return
A
Apollo Global Management, Inc.
Holding
KMX
-9.04%
3M Return
F
First Pacific Advisors, LP
Holding
KMX
-9.19%
3M Return
A
Arlington Value Capital, LLC
Holding
KMX
-12.18%
3M Return
M
Mane Global Capital Management LP
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KMX
-13.36%
3M Return

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Frequently Asked Questions

What is Carmax Inc (KMX) stock price today?

The current price of KMX is 39.99 USD — it has decreased -2.13

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 5.79B USD, decreased -6.90

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

Carmax Inc. EPS for the last quarter amounts to 0.43 USD, decreased -46.91

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

Carmax Inc (KMX) has 30048 emplpoyees as of March 31 2026.

What is Carmax Inc (KMX) market cap?

Today KMX has the market capitalization of 5.67B USD.