CarMax, Inc. (KMX)
| Market Cap | 7.47B +16.4% |
| Revenue (ttm) | 29.46B +4.2% |
| Net Income | 292.45M -43.9% |
| EPS | 2.05 -39.8% |
| Shares Out | 141.94M |
| PE Ratio | 24.33 |
| Forward PE | 14.86 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,787,434 |
| Open | 52.11 |
| Previous Close | 49.82 |
| Day's Range | 51.19 - 52.62 |
| 52-Week Range | 30.26 - 65.28 |
| Beta | 1.23 |
| Analysts | Hold |
| Price Target | 63.77 (+21.19%) |
| Earnings Date | Sep 29, 2026 |
About KMX
CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles and related products in the United States. The company operates in two segments: CarMax Sales Operations and CarMax Auto Finance. The CarMax Sales Operations segment offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; wholesale auctions; extended protection plans to customers at the time of sale; and reconditioning and vehicle repair services. The CarMax Auto Finan... [Read more]
Financial Performance
In fiscal year 2026, CarMax's revenue was $27.76 billion, a decrease of -1.60% compared to the previous year's $28.21 billion. Earnings were $247.29 million, a decrease of -50.60%.
Financial StatementsAnalyst Summary
According to 20 analysts, the average rating for KMX stock is "Hold." The 12-month stock price target is $63.77, which is an increase of 21.19% from the latest price.
News
CarMax upgraded, Spotify downgraded: Wall Street’s top analyst calls
The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors need to know, as compiled by…
CarMax upgraded to Buy from Underperform at BofA
BofA upgraded CarMax (KMX) to Buy from Underperform with a price target of $65, up from $50. FTC enforcement of price transparency, combined with the company’s own actions, has made…
CarMax to Host Strategic Update Webcast on November 3, 2026
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) will host a Strategic Update webcast on Tuesday, November 3, 2026, beginning at 8:00 a.m. ET and concluding at approximately 9:30 a.m. ET. Durin...
CarMax price target raised to $53 from $47 at Morgan Stanley
Morgan Stanley analyst Andrew Percoco raised the firm’s price target on CarMax (KMX) to $53 from $47 and keeps an Equal Weight rating on the shares after the company delivered…
CarMax price target raised to $56 from $45 at RBC Capital
RBC Capital raised the firm’s price target on CarMax (KMX) to $56 from $45 and keeps a Sector Perform rating on the shares. The company delivered another strong quarter with…
CarMax price target raised to $60 from $50 at Truist
Truist raised the firm’s price target on CarMax (KMX) to $60 from $50 and keeps a Hold rating on the shares. The company reported a strong second quarter, boosted by…
CarMax price target raised to $62 from $57 at UBS
UBS raised the firm’s price target on CarMax (KMX) to $62 from $57 and keeps a Neutral rating on the shares. CarMax’s turnaround is “encouraging,” the analyst tells investors in…
CarMax price target raised to $70 from $64 at Baird
Baird analyst Craig Kennison raised the firm’s price target on CarMax (KMX) to $70 from $64 and keeps an Outperform rating on the shares.
CarMax price target raised to $50 from $45 at BofA
BofA raised the firm’s price target on CarMax (KMX) to $50 from $45 and keeps an Underperform rating on the shares after the company reported fiscal Q2 sales and earnings…
CarMax price target raised to $67 from $61 at Barclays
Barclays analyst John Babcock raised the firm’s price target on CarMax (KMX) to $67 from $61 and keeps an Equal Weight rating on the shares. The firm updated the company’s…
Tuesday's First Moves: CCL & KMX Rally on Earnings, NFLX Upgrade
Carnival (CCL) shares cruised on an earnings beat and strong guidance, says George Tsilis, who points to the company's yields as the cruise line's strongest metric. CarMax (KMX) sacrificed some margin...
CarMax Earnings Call Transcript: Q2 2027
Second quarter results showed strong growth in sales, comps, and earnings, driven by competitive pricing, operational efficiencies, and enhanced customer experience. The company is resuming share repurchases and expects continued momentum, with retail margins projected to decline less than previously guided.
CarMax Earnings release: Q2 2027
CarMax released its Q2 2027 earnings on September 29, 2026, summarizing the period's financial results.
CarMax Slides: Q2 2027
CarMax has posted slides in relation to its Q2 2027 quarterly earnings report, which was published on September 29, 2026.
CarMax Quarterly report: Q2 2027
CarMax has published its Q2 2027 quarterly earnings report on September 29, 2026.
CarMax says CAF originated $8B in auto loans during FY26
Says CarMax (KMX) Auto Finance is a full credit spectrum lender focused on expanding non-prime funding program and targeting initial goal of increasing CAF penetration from 42% currently to 50%.
CarMax Posts Higher Profit as Vehicle Sales Rise
CarMax logged higher profit and sales in the latest quarter, as the used-care retailer sold more vehicles at higher prices.
CarMax Beats Earnings Estimates as Revenue Jumps 20%. The Stock Rises.
CarMax stock rises after the used-car retailer posts better-than-expected quarterly earnings.
CarMax announces two executive appointments
CarMax (KMX) announced two key leadership appointments to advance the company’s new Shift into GEAR strategy for growth and strengthen its industry-leading customer experience. Elizabeth Dirgins has b...
CarMax Announces Leadership Appointments to Further Unify End-to-End Customer Experience, Advance Strategy for Growth
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE: KMX) today announced two key leadership appointments to advance the company's new Shift into GEAR strategy for growth and strengthen its industry-le...
CarMax reports Q2 EPS $1.16, consensus 75c
Reports Q2 revenue $7.9B, consensus $7.03B. “Our strong second quarter results reflect solid execution and early progress against Shift into GEAR, our four-pillar strategy to strengthen CarMax’s (KMX)...
CarMax reports combined retail and wholesale unit sales of 387,735, up 14.7%
Retail used unit sales increased 13.8% and comparable store used unit sales increased 13.0%; gross profit per retail used unit of $2,105 declined by $111, reflecting the continuation of pricing…
CarMax plans to resume share repurchases in Q3
“Given our second quarter performance, continued momentum, and improving leverage, we intend to resume share repurchases at a modest level in the third quarter of this fiscal year. During the…
CarMax Reports Second Quarter Fiscal 2027 Results
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) today reported results for the second quarter ended August 31, 2026. Second Quarter Highlights:(1) Total net revenues rose 19.5% to $7.9 billion...
Jobs, Inflation, Nike, Carmax, Micron, and More to Watch This Week
This week will bring the September jobs report and data on personal consumption, manufacturing, and home prices. Carnival, Conagra, and Jefferies report earnings.