CarMax Stock Forecast

Stock Price Forecast

The 13 analysts that cover CarMax stock have a consensus rating of "Buy" and an average price target of $58.92, which forecasts a 38.31% increase in the stock price over the next year. The lowest target is $42 and the highest is $90.

Price Target: $58.92 (+38.31%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$42	$58.92	$59	$90
Change	-1.41%	+38.31%	+38.50%	+111.27%

Analyst Ratings

The average analyst rating for CarMax stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	May '25	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25
Strong Buy	1	1	2	2	2	3
Buy	7	6	7	8	6	4
Hold	3	3	3	3	6	8
Sell	1	1	1	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	11	13	13	14	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Bellinger Mizuho	Mizuho	Hold Maintains $78 → $46	Hold	Maintains	$78 → $46	+7.98%	Oct 16, 2025
Scott Devitt Wedbush	Wedbush	Hold Reiterates $54	Hold	Reiterates	$54	+26.76%	Oct 16, 2025
Jeff Lick Stephens & Co.	Stephens & Co.	Buy → Hold Downgrades $53 → $42	Buy → Hold	Downgrades	$53 → $42	-1.41%	Oct 7, 2025
Michael Albanese Benchmark	Benchmark	Strong Buy Maintains $75 → $60	Strong Buy	Maintains	$75 → $60	+40.85%	Oct 7, 2025
Daniela Haigian Morgan Stanley	Morgan Stanley	Buy Maintains $80 → $56	Buy	Maintains	$80 → $56	+31.46%	Oct 1, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

26.40B

from 28.21B

-6.42%

from 28.21B

Revenue Next Year

26.94B

from 26.40B

2.06%

from 26.40B

EPS This Year

4.00

from 3.21

24.63%

from 3.21

EPS Next Year

4.50

from 4.00

12.38%

from 4.00

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Feb 28, 2021	Feb 28, 2022	Feb 28, 2023	Feb 29, 2024	Feb 28, 2025	Feb 28, 2026	Feb 28, 2027
Revenue	20.09B	33.20B	31.13B	28.21B	28.21B	26.40B	26.94B
Revenue Growth	-6.22%	65.23%	-6.24%	-9.36%	-0.02%	-6.42%	2.06%
EPS	4.52	6.97	3.03	3.02	3.21	4.00	4.50
EPS Growth	-15.20%	54.20%	-56.53%	-0.33%	6.29%	24.63%	12.38%
Forward PE	-	-	-	-	-	10.65	9.48
No. Analysts	-	-	-	-	-	21	21

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	28.8B	29.3B
Avg	26.4B	26.9B
Low	25.0B	25.0B

Revenue Growth

Revenue Growth	2026	2027
High	2.2%	10.8%
Avg	-6.4%	2.1%
Low	-11.5%	-5.4%

EPS Forecast

EPS	2026	2027
High	5.09	5.45
Avg	4.00	4.50
Low	3.38	3.37

EPS Growth

EPS Growth	2026	2027
High	58.5%	36.2%
Avg	24.6%	12.4%
Low	5.3%	-15.7%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.