CarMax, Inc. (KMX)
NYSE: KMX · Real-Time Price · USD
73.71
-0.60 (-0.81%)
Oct 29, 2024, 4:00 PM EDT - Market closed

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 an increase of 7.42% from the current stock price of 73.71.

Analyst Consensus: Buy
Target Low Average Median High
Price $50 $79.18 $80 $105
Change -32.17% +7.42% +8.53% +42.45%

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 May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 111111
Buy 555555
Hold 544433
Sell 222222
Strong Sell 000000
Total 131212121111

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 +3.11% Oct 22, 2024
Evercore ISI Group
Evercore ISI Group
Hold
Maintains
$76$79
Hold Maintains $76$79 +7.18% Oct 17, 2024
RBC Capital
RBC Capital
Buy
Reiterates
$82
Buy Reiterates $82 +11.25% Oct 16, 2024
Wedbush
Wedbush
Buy
Reiterates
$95
Buy Reiterates $95 +28.88% Oct 16, 2024
Needham
Needham
Strong Buy
Reiterates
$90
Strong Buy Reiterates $90 +22.10% Oct 16, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
26.07B
from 28.21B
Decreased by -7.59%
Revenue Next Year
27.12B
from 26.07B
Increased by 4.03%
EPS This Year
3.01
from 3.02
Decreased by -0.26%
EPS Next Year
3.77
from 3.01
Increased by 25.19%
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
21.42B20.09B33.20B31.13B28.21B26.07B27.12B28.94B
Revenue Growth
11.90%-6.22%65.22%-6.24%-9.36%-7.59%4.03%6.71%
EPS
5.334.526.973.033.023.013.775.10
EPS Growth
11.27%-15.20%54.20%-56.53%-0.33%-0.26%25.19%35.27%
Forward PE
-----24.4719.5514.45
No. Analysts -----212012
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 27.8B 29.7B 32.4B
Avg 26.1B 27.1B 28.9B
Low 24.9B 24.9B 25.9B

Revenue Growth

Revenue Growth 20242025202620272028
High
-1.6%
14.0%
19.4%
Avg
-7.6%
4.0%
6.7%
Low
-11.7%
-4.7%
-4.4%

EPS Forecast

EPS 20242025202620272028
High 3.57 4.57 10.03
Avg 3.01 3.77 5.10
Low 2.45 2.93 3.48

EPS Growth

EPS Growth 20242025202620272028
High
18.2%
51.6%
165.9%
Avg
-0.3%
25.2%
35.3%
Low
-18.9%
-2.7%
-7.7%
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.