CarMax Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for CarMax stock have an average target of 85.33, with a low estimate of 50 and a high estimate of 105. The average target predicts an increase of 7.33% from the current stock price of 79.50.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$50	$85.33	$86	$105
Change	-37.11%	+7.33%	+8.18%	+32.08%

* Price targets were last updated on Dec 20, 2024.

Analyst Ratings

The average analyst rating for CarMax stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	1	1	1	1	1	1
Buy	5	5	5	5	5	5
Hold	4	3	3	3	4	4
Sell	2	2	2	2	2	2
Strong Sell	0	0	0	0	0	0
Total	12	11	11	11	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Rajat Gupta JP Morgan	JP Morgan	Sell Maintains $70 → $72	Sell	Maintains	$70 → $72	-9.43%	Dec 20, 2024
Scot Ciccarelli Truist Securities	Truist Securities	Hold Maintains $72 → $88	Hold	Maintains	$72 → $88	+10.69%	Dec 20, 2024
Steven Shemesh RBC Capital	RBC Capital	Buy Maintains $99 → $103	Buy	Maintains	$99 → $103	+29.56%	Dec 20, 2024
David Bellinger Mizuho	Mizuho	Hold Maintains $72 → $80	Hold	Maintains	$72 → $80	+0.63%	Dec 20, 2024
Chris Pierce Needham	Needham	Strong Buy Maintains $90 → $98	Strong Buy	Maintains	$90 → $98	+23.27%	Dec 20, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

26.53B

from 28.21B

-5.96%

from 28.21B

Revenue Next Year

27.42B

from 26.53B

3.36%

from 26.53B

EPS This Year

3.03

from 3.02

0.40%

from 3.02

EPS Next Year

3.82

from 3.03

26.00%

from 3.03

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Feb 29, 2020	Feb 28, 2021	Feb 28, 2022	Feb 28, 2023	Feb 29, 2024	Mar 1, 2025	Mar 1, 2026	Mar 1, 2027
Revenue	21.42B	20.09B	33.20B	31.13B	28.21B	26.53B	27.42B	29.03B
Revenue Growth	11.90%	-6.22%	65.22%	-6.24%	-9.36%	-5.96%	3.36%	5.86%
EPS	5.33	4.52	6.97	3.03	3.02	3.03	3.82	4.95
EPS Growth	11.27%	-15.20%	54.20%	-56.53%	-0.33%	0.40%	26.00%	29.63%
Forward PE	-	-	-	-	-	26.22	20.81	16.05
No. Analysts	-	-	-	-	-	21	21	15

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

Revenue Forecast

Revenue	2025	2026	2027
High	28.1B	30.1B	31.7B
Avg	26.5B	27.4B	29.0B
Low	25.0B	24.8B	26.5B

Revenue Growth

Revenue Growth	2025	2026	2027
High	-0.4%	13.4%	15.5%
Avg	-6.0%	3.4%	5.9%
Low	-11.3%	-6.5%	-3.4%

EPS Forecast

EPS	2025	2026	2027
High	3.83	4.79	9.82
Avg	3.03	3.82	4.95
Low	2.62	3.28	3.94

EPS Growth

EPS Growth	2025	2026	2027
High	26.9%	57.9%	157.0%
Avg	0.4%	26.0%	29.6%
Low	-13.4%	8.3%	3.1%

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.