CarMax, Inc. (KMX)
| Market Cap | 5.61B -50.5% |
| Revenue (ttm) | 27.76B -1.6% |
| Net Income | 247.29M -50.6% |
| EPS | 1.68 -47.7% |
| Shares Out | 141.82M |
| PE Ratio | 23.57 |
| Forward PE | 16.16 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,212,626 |
| Open | 39.75 |
| Previous Close | 39.04 |
| Day's Range | 38.84 - 40.43 |
| 52-Week Range | 30.26 - 71.99 |
| Beta | 1.30 |
| Analysts | Hold |
| Price Target | 37.18 (-6.06%) |
| Earnings Date | Apr 14, 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; used vehicle auctions; extended protection plans to customers at the time of sale; and reconditioning and vehicle repair services. The CarMax Auto Fi... [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 16 analysts, the average rating for KMX stock is "Hold." The 12-month stock price target is $37.18, which is a decrease of -6.06% from the latest price.
News
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.
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.
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.
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.
CarMax Reports Fourth Quarter and Fiscal Year 2026 Results
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) today reported results for the fourth quarter and fiscal year ended February 28, 2026. Fourth Quarter Highlights:(1) Keith Barr appointed Presid...
CarMax Q4 Preview: Activist Heat, Leadership Shift Frame Results
Here are the earnings estimates, analyst ratings and key items to watch.
CarMax Will Add Two Board Members After Talks With Activist Investor Starboard
The move comes after Starboard urged the used-car retailer's new chief executive officer, Keith Barr, to revamp its pricing framework, streamline its digital processes, and cut costs.
CarMax Announces William Cobb and Jim Kessler to Join the Board
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 William “Bill” Cobb and Jim Kes...
Top Wall Street Forecasters Revamp CarMax Expectations Ahead Of Q4 Earnings
CarMax, Inc. (NYSE: KMX) will release earnings for its fourth quarter before the opening bell on Tuesday, April 14.
CarMax Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of CarMax, Inc. - KMX
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced...
CarMax Announces Fourth Quarter Conference Call
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) will report its financial results for the fourth quarter ended February 28, 2026 before the market opens on April 14, 2026, and it will host a c...
An Important Investor Has an Idea for CarMax: Charge Less for Used Cars
An activist investor has an idea for selling more used cars: charge less for them.
Falling prices steer US buyers toward used electric vehicles
Steep depreciation and improving reliability are drawing more Americans to used electric vehicles, turning the pre-owned market into a key entry point for buyers priced out of new EVs as federal incen...
CarMax Issues Statement on Engagement With Starboard Value
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE: KMX) ("CarMax" or the "Company"), today confirmed that its Board of Directors (the “Board”) received a notice from Starboard Value LP (“Starboard”),...
CarMax Stock Edges Higher as Activist Takes Stake, Says New CEO Must ‘Move Quickly'
Starboard Value takes a stake worth around $350 million in the used car retailer.
Activist Starboard Pushes for Change at CarMax
Activist investor Starboard Value has urged urging CarMax's incoming chief executive officer, Keith Barr, to usher in changes and slash costs to revive the used-car retailer.
Activist Starboard urges CarMax to overhaul digital sales, cut costs
Activist investor Starboard Value on Wednesday urged CarMax to revamp its digital car-buying and selling platform and tighten costs, arguing the used-car retailer has "fallen well short of its under...
Starboard Delivers Letter to CarMax
NEW YORK--(BUSINESS WIRE)--Starboard Value LP (together with its affiliates, “Starboard”), a significant stockholder of CarMax Inc. (“CarMax” or the “Company”) (NYSE: KMX), today announced that it has...
CarMax Launches First-of-Its-Kind Car Shopping and Selling Experience in ChatGPT App Store
Retailer brings nationwide inventory and online offer capabilities to OpenAI with the new CarMax App in ChatGPT Retailer brings nationwide inventory and online offer capabilities to OpenAI with the ne...
CarMax taps former IHG chief Keith Barr as CEO
CarMax on Thursday named Keith Barr as its next chief executive, who will take over the helm at the used-car retailer as it navigates a turnaround plan and lower demand.
CarMax Names a New CEO. He's Not a Car Guy.
The used-car retailer names IHG Hotels & Resorts veteran Keith Barr as its next CEO.
CarMax Names Keith Barr as Chief Executive Officer
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE: KMX) (“CarMax” or the “Company”) today announced that Keith Barr has been appointed President and Chief Executive Officer, and a member of the Board...
CarMax Taps Hotel Veteran to Lead Turnaround
Keith Barr, former chief executive of IHG Hotels & Resorts, would bring digital experience to the used-car retailer.
CarMax Named One of TIME's America's Most Iconic Companies
RICHMOND, VA, Feb. 04, 2026 (GLOBE NEWSWIRE) -- CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, has been recognized by TIME Magazine as one of America's Most Iconic Companies. Th...
Important Notice to Long-Term Shareholders of CarMax, Inc. (KMX): Grabar Law Office Investigates Claims on Your Behalf
Philadelphia, Pennsylvania--(Newsfile Corp. - January 7, 2026) - Grabar Law Office is investigating claims on behalf of shareholders of CarMax, Inc. (NYSE: KMX). The investigation concerns whether cer...