KMX Stock: Price, Forecast, Financials & AI Analysis

High

Open

VWAP

Vol

Mkt Cap

Low

Amount

EV/EBITDA(TTM)

Total Shares

EV/OCF(TTM)

P/S(TTM)

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q3

FY2026Q4

FY2027Q1

5.64B

-9.44%

0.705

-12.92%

5.58B

-7.1%

0.526

-9.32%

7.01B

-7.13%

1.274

-7.68%

Estimates Revision

The market is revising Downward the revenue expectations for CarMax, Inc. (KMX) for FY2026, with the revenue forecasts being adjusted by -3.95% over the past three months. During the same period, the stock price has changed by -32.27%.

Revenue Estimates for FY2026

Revise Downward

-3.95%

In Past 3 Month

EPS Estimates for FY2026

No Change

0.00%

In Past 3 Month

Stock Price

Go Down

-32.27%

In Past 3 Month

17 Analyst Rating

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 40.92 USD with a low forecast of 27.00 USD and a high forecast of 60.00 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.

2 Buy

12 Hold

3 Sell

Hold

Current: 40.920

Low

27.00

Averages

40.92

High

60.00

Current: 40.920

Low

27.00

Averages

40.92

High

60.00

Evercore ISI

In Line

maintain

$35 -> $37

2025-12-09

Reason

Evercore ISI

Price Target

$35 -> $37

2025-12-09

maintain

In Line

Reason

Evercore ISI raised the firm's price target on CarMax to $37 from $35 and keeps an In Line rating on the shares as part of adjusting estimates and targets among the firm's retail broadlines and hardlines coverage.

Morgan Stanley

Andrew Percoco

Equal Weight

initiated

$35

2025-12-08

Reason

Morgan Stanley

Andrew Percoco

Price Target

$35

2025-12-08

initiated

Equal Weight

Reason

Morgan Stanley analyst Andrew Percoco assumed coverage of CarMax with an Equal Weight rating and $35 price target. The firm adjusted ratings in the autos and shared mobility group as part of its 2026 outlook following a change in analysts. Morgan Stanley is "leaning more cautious" into next year, saying the electric vehicle "winter" will sustain through 2026. This is counterbalanced by a "moderately more positive" outlook on internal combustion engines and hybrids, the analyst tells investors.

Barclays

Underweight

initiated

$28

2025-11-11

Reason

Barclays

Price Target

$28

2025-11-11

initiated

Underweight

Reason

Barclays initiated coverage of CarMax with an Underweight rating and $28 price target. The firm rolled out coverage on the auto retail sector with a neutral view. Sector fundamentals are mixed, but the dealers offer "resiliency and strong shareholder returns," the analyst tells investors in a research note. Barclays is constructive on the growth outlook for the digital auction marketplaces as it sees the companies gaining shared from physical auctions. The firm cites uncertainty over CarMax's strategy for the Underweight rating.

Morgan Stanley

Daniela Haigian

Overweight -> Equal Weight

downgrade

$35

2025-11-10

Reason

Morgan Stanley

Daniela Haigian

Price Target

$35

2025-11-10

downgrade

Overweight -> Equal Weight

Reason

Morgan Stanley analyst Daniela Haigian downgraded CarMax to Equal Weight from Overweight with a $35 price target.

Morgan Stanley

Daniela Haigian

Overweight -> Equal Weight

downgrade

$56 -> $35

2025-11-10

Reason

Morgan Stanley

Daniela Haigian

Price Target

$56 -> $35

2025-11-10

downgrade

Overweight -> Equal Weight

Reason

As previously reported, Morgan Stanley analyst Daniela Haigian downgraded CarMax to Equal Weight from Overweight with a price target of $35, down from $56. The pre-announcement of the deterioration in volume growth and degradation in execution and uncertainty around new leadership likely leave shares range-bound until investors can build confidence in the new CEO and transformation strategy, the analyst tells investors.

Truist

Hold

downgrade

$47 -> $35

2025-11-08

Reason

Truist

Price Target

$47 -> $35

2025-11-08

downgrade

Hold

Reason

Truist lowered the firm's price target on CarMax to $35 from $47 and keeps a Hold rating on the shares. CarMax is facing multiple strategic challenges and their results suggest that these factors are increasingly pressuring results, the analyst tells investors in a research note. The company's board is trying to hit the reset button, but any new management team will have their hands full and need to reassess the relevance of CarMax's business model in today's environment, the firm added.

Valuation Metrics

The current forward P/E ratio for Carmax Inc (KMX.N) is 18.49, compared to its 5-year average forward P/E of 21.41. 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.

5Y Average PE

21.41

Current PE

18.49

Overvalued PE

26.03

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.

5Y Average EV/EBITDA

26.92

Current EV/EBITDA

26.03

Overvalued EV/EBITDA

31.83

Undervalued EV/EBITDA

22.02

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.

5Y Average PS

0.49

Current PS

0.24

Overvalued PS

0.64

Undervalued PS

0.34

Financials

Annual

Quarterly

N/A

Total Revenue

N/A

Operating Profit

N/A

Net Income after Tax

N/A

EPS - Diluted

N/A

Free Cash Flow

N/A

Gross Profit Margin - %

N/A

FCF Margin - %

N/A

Net Margin - %

N/A

ROIC

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Hedge Fund

Hedge Funds areBuying! The buying amount has increased 179.34% over the last quarter.

Sold

Bought

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

KMX News & Events

Events Timeline

No data

News

7.0

19:22 PMGlobenewswire

CarMax Securities Class Action Reminder: Lead Plaintiff Deadline January 2, 2026

7.0

18:42 PMPRnewswire

CarMax Faces Class Action Lawsuit Over Misleading Statements, 44% Stock Drop

3.0

15:54 PMBenzinga

Key Stocks Reporting Earnings This Week: Micron, FuelCell, Carnival, and Others

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Frequently Asked Questions

What is Carmax Inc (KMX) stock price today?

The current price of KMX is 40.92 USD — it has decreased -0.22 % in the last trading day.

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 fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for KMX is 40.92 USD with a low forecast of 27.00 USD and a high forecast of 60.00 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 6.59B USD, decreased -5.97 % YoY.

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

Carmax Inc. EPS for the last quarter amounts to 0.64 USD, decreased -24.71 % YoY.

What changes have occurred in the market's expectations for Carmax Inc (KMX)'s fundamentals?

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

Carmax Inc (KMX) has 30048 emplpoyees as of December 15 2025.

What is Carmax Inc (KMX) market cap?

Today KMX has the market capitalization of 6.02B USD.