CarMax, Inc. (KMX)

NYSE: KMX · Real-Time Price · USD
52.21
+0.95 (1.85%)
At close: Jun 15, 2026, 4:00 PM EDT
52.40
+0.19 (0.36%)
After-hours: Jun 15, 2026, 7:25 PM EDT
Market Cap7.41B -24.7%
Revenue (ttm)27.76B -1.6%
Net Income247.29M -50.6%
EPS1.68 -47.7%
Shares Out 141.91M
PE Ratio31.09
Forward PE22.47
Dividendn/a
Ex-Dividend Daten/a
Volume5,015,290
Open51.87
Previous Close51.26
Day's Range51.12 - 52.91
52-Week Range30.26 - 71.99
Beta1.20
AnalystsHold
Price Target42.69 (-18.23%)
Earnings DateJun 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]

IPO Date Feb 4, 1997
Employees 27,796
Stock Exchange NYSE
Ticker Symbol KMX
Full Company Profile

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 Statements

Analyst Summary

According to 20 analysts, the average rating for KMX stock is "Hold." The 12-month stock price target is $42.69, which is a decrease of -18.23% from the latest price.

Price Target
$42.69
(-18.23% downside)
Analyst Consensus: Hold
Stock Forecasts

News

CarMax price target raised to $31 from $26 at Barclays

Barclays raised the firm’s price target on CarMax (KMX) to $31 from $26 and keeps an Underweight rating on the shares. The firm is “optimistic” on the potential for CarMax…

3 days ago - TheFly

CarMax price target raised to $37 from $35 at JPMorgan

JPMorgan raised the firm’s price target on CarMax (KMX) to $37 from $35 and keeps an Underweight rating on the shares as part of a fiscal Q1 preview. The firm…

4 days ago - TheFly

Wall Street hated these 15 stocks. Then their earnings proved the analysts wrong.

Earnings beats mean a lot more when it happens to stocks the market gave up on.

12 days ago - Market Watch

CarMax Announces First Quarter Conference Call and Annual Meeting Information

RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) will report its financial results for the first quarter ended May 31, 2026 before the market opens on June 17, 2026, and it will host a conferen...

18 days ago - Business Wire

CarMax initiated with a Neutral at UBS

UBS initiated coverage of CarMax (KMX) with a Neutral rating and $42 price target Coverage is being initiated on the six major public auto dealer groups and CarMax with a…

19 days ago - TheFly

Starboard takes new stakes in Lamb Weston and CarMax, exits Autodesk position

Jeffrey Smith’s Starboard Value disclosed in an SEC filing its holdings as of March 31, 2026. Starboard’s three new buys during the first quarter included, by size of position, Lamb…

4 weeks ago - TheFly

CarMax Announces Robert O'Shaughnessy to Join Board of Directors

RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE: KMX) (“CarMax” or the “Company”), the nation's largest retailer of used cars, today announced that it intends to add Robert O'Shaughnessy to the Com...

4 weeks ago - Business Wire

CarMax Proxy statement: Proxy filing

CarMax filed a proxy statement on May 12, 2026, providing details for shareholder voting and corporate governance matters.

4 weeks ago - Filings

CarMax Proxy statement: Proxy filing

CarMax filed a proxy statement on May 12, 2026, providing details for shareholder voting and corporate governance matters.

4 weeks ago - Filings

CarMax management to meet with Oppenheimer

Meeting to be held on April 30 hosted by Oppenheimer.

6 weeks ago - TheFly

CarMax price target lowered to $26 from $28 at Barclays

Barclays lowered the firm’s price target on CarMax (KMX) to $26 from $28 and keeps an Underweight rating on the shares. The company’s Q4 report shows “some early signs of…

2 months ago - TheFly

CarMax resumed with an Underperform at BofA

BofA resumed coverage of CarMax (KMX) with an Underperform rating and $40 price target after the company reported Q4 sales of $5.96B, down 1% year-over-year but above the Street at…

2 months ago - TheFly

CarMax price target raised to $41 from $37 at RBC Capital

RBC Capital raised the firm’s price target on CarMax (KMX) to $41 from $37 and keeps a Sector Perform rating on the shares. The company’s Q4 results were largely in…

2 months ago - TheFly

CarMax price target raised to $35 from $28 at JPMorgan

JPMorgan raised the firm’s price target on CarMax (KMX) to $35 from $28 and keeps an Underweight rating on the shares. The firm sees support for the shares from peak…

2 months ago - TheFly

CarMax Bets on Tech to Streamline Used Car Buying Journey

Using technology to streamline the buying and selling of cars is on the agenda at CarMax, as the used car retailer prepares a new strategic plan under the leadership of a new CEO.

2 months ago - PYMNTS

CarMax falls -14.1%

CarMax (KMX) is down -14.1%, or -$6.90 to $42.18.

2 months ago - TheFly

Tuesday's Morning Movers: ORCL & BE Extend Partnership, KMX & JNJ Earnings

Oracle's (ORCL) rebound rally continues after extending a partnership with Bloom energy (BE). Diane King Hall explains why the headline offers a bullish catalyst for both companies.

Other symbols: JNJORCLBE
2 months ago - Schwab Network

CarMax falls -13.4%

CarMax (KMX) is down -13.4%, or -$6.56 to $42.52.

2 months ago - TheFly

CarMax Earnings Call Transcript: Q4 2026

Q4 FY26 saw sales of $5.9B (down 1% YoY), with improved sales trends from price cuts and digital enhancements. Net loss per share was $0.85, impacted by goodwill impairment and restructuring. FY27 guidance includes further margin pressure, cost reductions, and a focus on affordability.

2 months ago - Transcripts

CarMax Earnings release: Q4 2026

CarMax released its Q4 2026 earnings on April 14, 2026, summarizing the period's financial results.

2 months ago - Filings

CarMax Slides: Q4 2026

CarMax has posted slides in relation to its Q4 2026 quarterly earnings report, which was published on April 14, 2026.

2 months ago - Filings

CarMax Annual report: Q4 2026

CarMax has published its Q4 2026 annual report on April 14, 2026.

2 months ago - Filings

CarMax Annual report: Q4 2026

CarMax has published its Q4 2026 annual report on April 14, 2026.

2 months ago - Filings

CarMax posts quarterly loss on goodwill charge, weak used-car demand

Used car retailer CarMax reported a fourth-quarter loss on Tuesday, hurt by a goodwill impairment charge and ​shrinking margins from used vehicles.

2 months ago - Reuters

CarMax Swings to Loss After Cutting Prices to Bring Back Shoppers

CarMax swung to a loss as it implements a turnaround strategy that has included price cuts to reestablish its place in the used-car market.

2 months ago - WSJ