CarMax, Inc. (KMX)
| Market Cap | 8.33B -7.9% |
| Revenue (ttm) | 28.20B -1.7% |
| Net Income | 222.54M -60.2% |
| EPS | 1.54 -57.4% |
| Shares Out | 141.91M |
| PE Ratio | 38.16 |
| Forward PE | 21.01 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,029,770 |
| Open | 57.98 |
| Previous Close | 59.11 |
| Day's Range | 56.94 - 58.88 |
| 52-Week Range | 30.26 - 62.56 |
| Beta | 1.16 |
| Analysts | Hold |
| Price Target | 54.85 (-6.56%) |
| Earnings Date | Jun 17, 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 19 analysts, the average rating for KMX stock is "Hold." The 12-month stock price target is $54.85, which is a decrease of -6.56% from the latest price.
News
CarMax upgraded to Neutral from Underweight at JPMorgan
JPMorgan analyst Rajat Gupta upgraded CarMax (KMX) to Neutral from Underweight with a price target of $60, up from $38. The firm sees the company’s “above seasonal” sales trajectory and…
CarMax (KMX) Gains as Barclays Upgrades Stock from Sell over ‘Confidence in Turnaround’
Shares in CarMax ($KMX) rose by more than 3% on Tuesday afternoon after Barclays ($BCS) upgraded the stock from Sell to Hold. The research firm cited “our increased confidence in…
CarMax upgraded to Equal Weight from Underweight at Barclays (earlier)
Barclays analyst John Babcock earlier today upgraded CarMax (KMX) to Equal Weight from Underweight with a price target of $61, up from $37. The firm has increased confidence that management…
CarMax's Turnaround Is a Work in Progress, but Insiders Are Buying Anyway
Four directors snap up CarMax shares on the heels of the auto retailer's first-quarter earnings report.
CarMax Recognized as One of the 50 Most Community-Minded Companies in the US
RICHMOND, Va., June 30, 2026 (GLOBE NEWSWIRE) -- CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, has been recognized by Points of Light as a 2026 honoree of The Civic 50® , recog...
CarMax CEO buys $498.2K in common stock
In a regulatory filing, CarMax (KMX) disclosed that its CEO, Keith Barr, bought 9,400 shares of common stock on June 22nd in a total transaction size of $498.2K. Published first…
CarMax Transcript: AGM 2026
The meeting covered director elections, auditor ratification, executive compensation, and stock plan amendments, all of which were approved. No shareholder questions were received, and outgoing directors were recognized for their service.
CarMax price target raised to $44 from $35 at Morgan Stanley
Morgan Stanley raised the firm’s price target on CarMax (KMX) to $44 from $35 and keeps an Equal Weight rating on the shares. The firm revised up its estimates after…
CarMax price target raised to $57 from $42 at UBS
UBS raised the firm’s price target on CarMax (KMX) to $57 from $42 and keeps a Neutral rating on the shares. UBS is encouraged by the early stages of the…
CarMax Stock (KMX) Jumps 10% as Analyst Sees ‘Signs of Progress’ from Q1 Earnings
Shares of struggling used car retailer CarMax ($KMX) jumped by roughly 10% on Friday afternoon, bouncing back from the losses it had the day before. This came as analysts raised…
CarMax upgraded to Overweight at Stephens on ‘excellent set up’
Stephens upgraded CarMax (KMX) 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…
CarMax upgraded to Overweight from Equal Weight at Stephens
Stephens upgraded CarMax (KMX) to Overweight from Equal Weight with a price target of $66, up from $43.
CarMax price target raised to $38 from $37 at JPMorgan
JPMorgan analyst Rajat Gupta raised the firm’s price target on CarMax (KMX) to $38 from $37 and keeps an Underweight rating on the shares. The company’s Q1 report shows “signs…
CarMax price target raised to $50 from $47 at Truist
Truist raised the firm’s price target on CarMax (KMX) to $50 from $47 and keeps a Hold rating on the shares. The company’s Q1 comps declined by 0.8% vs. the…
CarMax price target raised to $45 from $41 at RBC Capital
RBC Capital raised the firm’s price target on CarMax (KMX) to $45 from $41 and keeps a Sector Perform rating on the shares. The company’s Q1 results were “largely positive”,…
CarMax price target raised to $43 from $38 at Mizuho
Mizuho analyst David Bellinger raised the firm’s price target on CarMax (KMX) to $43 from $38 and keeps a Neutral rating on the shares. The stock is down following a…
CarMax price target raised to $45 from $40 at BofA
BofA analyst Alexander Perry raised the firm’s price target on CarMax (KMX) to $45 from $40 and keeps an Underperform rating on the shares. The firm’s raised target reflects Q1…
CarMax price target raised to $37 from $31 at Barclays
Barclays raised the firm’s price target on CarMax (KMX) to $37 from $31 and keeps an Underweight rating on the shares. The company’s Q1 earnings beat was likely driven more…
CarMax price target raised to $55 from $48 at Baird
Baird raised the firm’s price target on CarMax (KMX) to $55 from $48 and keeps an Outperform rating on the shares. The firm believes the company is in an early…
Why Carvana Stock Sank 10% Today – June 17, 2026
Shares in used car retailer Carvana ($CVNA) plunged by 10.25% on Wednesday. This came after rival CarMax’s ($KMX) note that costs remain too high dampened investors’ outlook on the industry.
Wednesday's Final Takeaways: KMX Falls After Earnings & Fed Holds Rates Steady
Marley Kayden discusses financials leading the market higher while investors digested the Federal Reserve's decision to keep interest rates unchanged. Meanwhile, CarMax (KMX) slid after earnings and N...
CarMax shares fall after used car retailer reports earnings beats, CEO details turnaround plan
CarMax stock fell in midday trading Wednesday as questions remain about the company's ability to grow and cut costs. The used vehicle retailer's new CEO, Keith Barr, told CNBC that he has a new plan t...
CarMax Revenues Climb as CEO Calls for Digital Tune-Up
CarMax revenues are up, and CEO Keith Barr said he is focused on improving the company's digital car shopping experience. The used car dealer reported quarterly earnings Wednesday (June 17) that showe...
CarMax Earnings Call Transcript: Q1 2027
Sales grew 6.2% to $8B with improved unit volumes and dynamic pricing, while SG&A and reconditioning efficiencies supported margins. The company is executing a four-pillar strategy to drive growth, with a $200M SG&A savings target and a strategic update planned for the fall.
CarMax Slides: Q1 2027
CarMax has posted slides in relation to its Q1 2027 quarterly earnings report, which was published on June 17, 2026.