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Carmax Inc
NYSE:KMX

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Carmax Inc
NYSE:KMX
Watchlist
Price: 70.27 USD 0.83% Market Closed
Updated: Apr 25, 2024

Wall Street
Price Targets

KMX Price Targets Summary
Carmax Inc

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 81.29 USD with a low forecast of 50.5 USD and a high forecast of 110.25 USD.

Lowest
Price Target
50.5 USD
28% Downside
Average
Price Target
81.29 USD
16% Upside
Highest
Price Target
110.25 USD
57% Upside

KMX Last Price Targets
Carmax Inc

The latest public price target was made on Apr 19, 2024 by Glenn Chin from Seaport Global , who expects KMX stock to rise by 35% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
Glenn Chin
Seaport Global
95 USD
Upside 35%
6 days ago
Apr 19, 2024
CarMax price target lowered to $95 from $100 at Seaport Research
TheFly
Craig Kennison
Robert W. Baird
84 USD
Upside 20%
1 week ago
Apr 12, 2024
CarMax (KMX) PT Lowered to $84 at Baird
StreetInsider
Steven Shemesh
RBC Capital
73 USD
Upside 4%
1 week ago
Apr 12, 2024
CarMax (KMX) PT Lowered to $73 at RBC Capital
StreetInsider
David Bellinger
Mizuho Securities
75 USD
Upside 7%
1 week ago
Apr 12, 2024
CarMax (KMX) PT Lowered to $75 at Mizuho
StreetInsider
Chris Pierce
Needham
91 USD
Upside 30%
1 week ago
Apr 12, 2024
CarMax (KMX) PT Lowered to $91 at Needham
StreetInsider
Michael Montani
Evercore ISI
74 USD
Upside 5%
1 week ago
Apr 12, 2024
CarMax (KMX) PT Lowered to $74 at Evercore ISI
StreetInsider
Garrett Nelson
CFRA
70 USD
Downside 0%
2 weeks ago
Apr 11, 2024
CarMax (KMX) PT Lowered to $70 at CFRA
StreetInsider
Glenn Chin
Seaport Global
100 USD
Upside 42%
4 weeks ago
Mar 28, 2024
CarMax price target raised to $100 from $88 at Seaport Research
TheFly
Chris Pierce
Needham
99 USD
Upside 41%
1 month ago
Mar 20, 2024
CarMax On The Fast Track, Analyst Upgrades Stock Citing Recovery Signs
Benzinga
Scot Ciccarelli
Truist Financial
72 USD
Upside 2%
4 months ago
Dec 21, 2023
CarMax Likely To Report Higher Q3 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Benzinga
Daniel Imbro
Stephens
70 USD
Downside 0%
4 months ago
Dec 21, 2023
CarMax Likely To Report Higher Q3 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Benzinga
Steven Shemesh
RBC Capital
80 USD
Upside 14%
6 months ago
Sep 29, 2023
CarMax Bears The Brunt Of Uncertain Macro, Competition & Uncertainties In Used-Car Markets: Analysts
Benzinga
Brian Nagel
Oppenheimer
105 USD
Upside 49%
6 months ago
Sep 26, 2023
What's In Store For CarMax In Q2 - Analyst Sees Easing Growth Comparisons, Cost Controls & More
Benzinga
Chris Pierce
Needham
86.21 USD
Upside 23%
9 months ago
Jun 26, 2023
CarMax's Strategy for Sourcing Vehicles and Omni-Channel Shift Poised to Drive Profit Despite Increased Competition: Analyst
Benzinga
Scot Ciccarelli
Truist Financial
64 USD
Downside 9%
10 months ago
Jun 23, 2023
CarMax Likely To Report Lower Q1 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Benzinga
Steven Shemesh
RBC Capital
70 USD
Downside 0%
10 months ago
Jun 20, 2023
Will CarMax Hold Its Ground In A Turbulent Used Car Market? Analyst Predicts Near-Term Volatility, Long-Term Gains
Benzinga
Adam Jonas
Morgan Stanley
75 USD
Upside 7%
1 year ago
Apr 11, 2023
Morgan Stanley Analyst Reiterates Positive Outlook: Q4 Bottom Line Driven by Strong Cost Management Strategy
Benzinga
Scot Ciccarelli
Truist Financial
66 USD
Downside 6%
1 year ago
Apr 11, 2023
CarMax Likely To Report Lower Q4 Earnings - Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Benzinga
Seth Basham
Wedbush
55 USD
Downside 22%
1 year ago
Apr 11, 2023
CarMax Likely To Report Lower Q4 Earnings - Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Benzinga
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Glenn Chin
Seaport Global
Price Target 95 USD
Upside/Downside 35%
View Source
Craig Kennison
Robert W. Baird
Price Target 84 USD
Upside/Downside 20%
View Source
Steven Shemesh
RBC Capital
Price Target 73 USD
Upside/Downside 4%
View Source
David Bellinger
Mizuho Securities
Price Target 75 USD
Upside/Downside 7%
View Source
Chris Pierce
Needham
Price Target 91 USD
Upside/Downside 30%
View Source
Michael Montani
Evercore ISI
Price Target 74 USD
Upside/Downside 5%
View Source
Garrett Nelson
CFRA
Price Target 70 USD
Upside/Downside 0%
View Source
Glenn Chin
Seaport Global
Price Target 100 USD
Upside/Downside 42%
View Source
Chris Pierce
Needham
Price Target 99 USD
Upside/Downside 41%
View Source
Scot Ciccarelli
Truist Financial
Price Target 72 USD
Upside/Downside 2%
View Source
Daniel Imbro
Stephens
Price Target 70 USD
Upside/Downside 0%
View Source
Steven Shemesh
RBC Capital
Price Target 80 USD
Upside/Downside 14%
View Source
Brian Nagel
Oppenheimer
Price Target 105 USD
Upside/Downside 49%
View Source
Chris Pierce
Needham
Price Target 86.21 USD
Upside/Downside 23%
View Source
Scot Ciccarelli
Truist Financial
Price Target 64 USD
Upside/Downside 9%
View Source
Steven Shemesh
RBC Capital
Price Target 70 USD
Upside/Downside 0%
View Source
Adam Jonas
Morgan Stanley
Price Target 75 USD
Upside/Downside 7%
View Source
Scot Ciccarelli
Truist Financial
Price Target 66 USD
Upside/Downside 6%
View Source
Seth Basham
Wedbush
Price Target 55 USD
Upside/Downside 22%
View Source
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Carmax Inc Competitors:
Price Targets
MNRO
Monro Inc
1% Downside
FESTI
Festi hf
38% Upside
PAG
Penske Automotive Group Inc
11% Upside
VBBR3
Vibra Energia SA
30% Upside
TRA
Turners Automotive Group Ltd
15% Upside
ALHUN
Hunyvers SA
74% Upside
DOAS.E
Dogus Otomotiv Servis ve Ticaret AS
4% Upside
LANDMARK
Landmark Cars Ltd
11% Upside

Revenue
Forecast

Revenue Estimate
Carmax Inc

For the last 8 years the compound annual growth rate for Carmax Inc's revenue is 7%. The projected CAGR for the next 3 years is 10%.

7%
Past Growth
10%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Carmax Inc

For the last 8 years the compound annual growth rate for Carmax Inc's operating income is -14%. The projected CAGR for the next 3 years is 91%.

-14%
Past Growth
91%
Estimated Growth
Estimates Accuracy
-39%
Average Miss

Net Income
Forecast

Net Income Estimate
Carmax Inc

For the last 8 years the compound annual growth rate for Carmax Inc's net income is -3%. The projected CAGR for the next 3 years is 52%.

-3%
Past Growth
52%
Estimated Growth
Estimates Accuracy
8%
Average Beat

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is KMX's stock price target?
Price Target
81.29 USD

According to Wall Street analysts, the average 1-year price target for KMX is 81.29 USD with a low forecast of 50.5 USD and a high forecast of 110.25 USD.

What is Carmax Inc's Revenue forecast?
Projected CAGR
10%

For the last 8 years the compound annual growth rate for Carmax Inc's revenue is 7%. The projected CAGR for the next 3 years is 10%.

What is Carmax Inc's Operating Income forecast?
Projected CAGR
91%

For the last 8 years the compound annual growth rate for Carmax Inc's operating income is -14%. The projected CAGR for the next 3 years is 91%.

What is Carmax Inc's Net Income forecast?
Projected CAGR
52%

For the last 8 years the compound annual growth rate for Carmax Inc's net income is -3%. The projected CAGR for the next 3 years is 52%.