CarMax, Inc. (KMX)
NYSE: KMX · Real-Time Price · USD
80.23
+3.57 (4.66%)
Nov 21, 2024, 11:24 AM EST - Market open
CarMax Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for CarMax stock have an average target of 79.18, with a low estimate of 50 and a high estimate of 105. The average target predicts a decrease of -1.31% from the current stock price of 80.23.
Analyst Consensus: Buy
* Price targets were last updated on Oct 22, 2024.
Analyst Ratings
The average analyst rating for CarMax stock from 11 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Hold | 4 | 4 | 4 | 3 | 3 | 3 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 12 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $79 → $76 | Hold | Maintains | $79 → $76 | -5.27% | Oct 22, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $76 → $79 | Hold | Maintains | $76 → $79 | -1.53% | Oct 17, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $82 | Buy | Reiterates | $82 | +2.21% | Oct 16, 2024 |
| Wedbush | Wedbush | Buy Reiterates $95 | Buy | Reiterates | $95 | +18.41% | Oct 16, 2024 |
| Needham | Needham | Strong Buy Reiterates $90 | Strong Buy | Reiterates | $90 | +12.18% | Oct 16, 2024 |
Financial Forecast
Revenue This Year
26.23B
from 28.21B
Decreased by -7.02%
Revenue Next Year
27.25B
from 26.23B
Increased by 3.86%
EPS This Year
3.02
from 3.02
Decreased by -0.11%
EPS Next Year
3.81
from 3.02
Increased by 26.37%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 27.7B | 30.3B | 31.9B | ||
| Avg | 26.2B | 27.2B | 28.8B | ||
| Low | 25.0B | 24.8B | 25.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -1.9% | 15.7% | 17.2% | ||
| Avg | -7.0% | 3.9% | 5.8% | ||
| Low | -11.3% | -5.5% | -4.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.83 | 4.79 | 9.82 | ||
| Avg | 3.02 | 3.81 | 5.14 | ||
| Low | 2.65 | 3.28 | 3.94 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.9% | 58.7% | 157.5% | ||
| Avg | -0.1% | 26.4% | 34.8% | ||
| Low | -12.4% | 8.8% | 3.3% |
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.