CarMax, Inc. (KMX)
| Market Cap | 8.12B -5.2% |
| Revenue (ttm) | 28.20B -1.7% |
| Net Income | 222.54M -60.2% |
| EPS | 1.54 -57.4% |
| Shares Out | 141.91M |
| PE Ratio | 37.20 |
| Forward PE | 20.14 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,725,225 |
| Open | 56.75 |
| Previous Close | 56.36 |
| Day's Range | 56.26 - 58.59 |
| 52-Week Range | 30.26 - 65.28 |
| Beta | 1.17 |
| Analysts | Hold |
| Price Target | 56.54 (-1.17%) |
| 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 19 analysts, the average rating for KMX stock is "Hold." The 12-month stock price target is $56.54, which is a decrease of -1.17% from the latest price.
News
CarMax price target raised to $74 from $66 at Stephens
Stephens analyst Jeff Lick raised the firm’s price target on CarMax (KMX) to $74 from $66 and keeps an Overweight rating on the shares ahead of the company reporting fiscal…
CarMax price target raised to $47 from $44 at Morgan Stanley
Morgan Stanley analyst Andrew Percoco raised the firm’s price target on CarMax (KMX) to $47 from $44 and keeps an Equal Weight rating on the shares. Shares have rallied 20%…
A New Hollywood? Plus, CarMax Cuts Jobs Again
Paramount reached a settlement with state attorneys general from a dozen states, including California and New York, removing a major hurdle to its megamerger with Warner Bros. Discovery, my colleagues...
CarMax Cuts 145 Corporate Jobs in Third Layoff Round in 11 Months
Used car retailer CarMax laid off about 4% of its corporate staff, or 145 employees, as part of “running leaner,” the company said in a Monday (Sept. 21) report by Bloomberg.
CarMax cuts about 4% of corporate staff in latest round of layoffs, WSJ reports
CarMax (KMX) has cut 145 white-collar jobs, about 4% of its corporate staff, as the nation’s largest used-car retailer tries to jump-start sales and restore profitability under CEO Keith Barr,…
CarMax Cuts Jobs for Third Time in 12 Months Amid Soft Auto Market
The nation's largest used-car retailer slashed 145 white-collar jobs, about 4% of its corporate staff, as part of a turnaround plan.
CarMax price target raised to $70 from $60 at JPMorgan
JPMorgan raised the firm’s price target on CarMax (KMX) to $70 from $60 and keeps a Neutral rating on the shares as part of a fiscal Q2 earnings report. The…
CarMax Announces Second Quarter Conference Call
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) will report its financial results for the second quarter ended August 31, 2026 before the market opens on September 29, 2026, and it will host a...
Gen Alpha Turns 16: New CarMax Survey Reveals the Next Generation of Drivers Is Ready to Get Behind the Wheel
More than two thirds of Gen Alpha teens say they are excited about the idea of driving More than two thirds of Gen Alpha teens say they are excited about the idea of driving
CarMax Named one of the 2026 PEOPLE® Companies That Care
RICHMOND, VA, Aug. 12, 2026 (GLOBE NEWSWIRE) -- CarMax, Inc. (NYSE: KMX) has been named as one of the 2026 PEOPLE® Companies That Care, ranking #70 and marking the company's seventh appearance on the ...
CarMax partners with Sierra for inbound sales call experience
CarMax (KMX) is working with Sierra on a better inbound call experience for CarMax customers. Deployed in May, Sierra’s advanced AI voice-enabled agents ensure CarMax customers reach the right destina...
CarMax Teams with Sierra to Enhance Inbound Sales Call Experience
Richmond, VA, Aug. 06, 2026 (GLOBE NEWSWIRE) -- CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, today announced it is working with Sierra on a better inbound call experience for ...
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.