CarMax Stock Forecast

Stock Price Forecast

The 12 analysts that cover CarMax stock have a consensus rating of "Hold" and an average price target of $40.58, which forecasts a -13.29% decrease in the stock price over the next year. The lowest target is $24 and the highest is $90.

Price Target: $40.58 (-13.29%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$24	$40.58	$36	$90
Change	-48.72%	-13.29%	-23.08%	+92.31%

Analyst Ratings

The average analyst rating for CarMax stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26
Strong Buy	2	2	2	0	0	0
Buy	8	6	4	2	2	2
Hold	3	6	8	12	12	12
Sell	0	0	0	2	3	3
Strong Sell	0	0	0	0	0	0
Total	13	14	14	16	17	17

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
John Babcock Barclays	Barclays	Sell Maintains $28 → $24	Sell	Maintains	$28 → $24	-48.72%	Dec 19, 2025
Scot Ciccarelli Truist Securities	Truist Securities	Hold Maintains $35 → $37	Hold	Maintains	$35 → $37	-20.94%	Dec 19, 2025
John Murphy B of A Securities	B of A Securities	Sell Maintains $27 → $31	Sell	Maintains	$27 → $31	-33.76%	Dec 19, 2025
Steven Shemesh RBC Capital	RBC Capital	Hold Maintains $34 → $37	Hold	Maintains	$34 → $37	-20.94%	Dec 19, 2025
Rajat Gupta JP Morgan	JP Morgan	Sell Maintains $30 → $28	Sell	Maintains	$30 → $28	-40.17%	Dec 19, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

25.68B

from 28.21B

-8.97%

from 28.21B

Revenue Next Year

25.93B

from 25.68B

0.99%

from 25.68B

EPS This Year

2.71

from 3.21

-15.65%

from 3.21

EPS Next Year

2.77

from 2.71

2.17%

from 2.71

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	25.68B	25.93B
Revenue Growth	-6.22%	65.23%	-6.24%	-9.36%	-0.02%	-8.97%	0.99%
EPS	4.52	6.97	3.03	3.02	3.21	2.71	2.77
EPS Growth	-15.20%	54.20%	-56.53%	-0.33%	6.29%	-15.65%	2.17%
Forward PE	-	-	-	-	-	17.28	16.92
No. Analysts	-	-	-	-	-	22	22

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

Revenue Forecast

Revenue	2026	2027
High	27.7B	28.5B
Avg	25.7B	25.9B
Low	23.8B	23.9B

Revenue Growth

Revenue Growth	2026	2027
High	-1.9%	11.1%
Avg	-9.0%	1.0%
Low	-15.8%	-6.9%

EPS Forecast

EPS	2026	2027
High	3.62	3.99
Avg	2.71	2.77
Low	2.25	1.47

EPS Growth

EPS Growth	2026	2027
High	12.9%	47.4%
Avg	-15.7%	2.2%
Low	-29.8%	-45.7%

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.