CarMax, Inc. (KMX)
NYSE: KMX · IEX Real-Time Price · USD
80.01
-1.81 (-2.21%)
At close: Jul 19, 2024, 4:00 PM
79.70
-0.31 (-0.39%)
Pre-market: Jul 22, 2024, 7:00 AM EDT
CarMax Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for CarMax stock have an average target of 75.5, with a low estimate of 50 and a high estimate of 105. The average target predicts a decrease of -5.64% from the current stock price of 80.01.
Analyst Consensus: Buy
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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Hold | 4 | 5 | 5 | 5 | 4 | 4 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 13 | 13 | 13 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $73 → $75 | Buy | Maintains | $73 → $75 | -6.26% | Jun 24, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $105 | Buy | Maintains | $105 | +31.23% | Jun 24, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $66 → $70 | Hold | Maintains | $66 → $70 | -12.51% | Jun 24, 2024 |
| Needham | Needham | Strong Buy Maintains $91 → $87 | Strong Buy | Maintains | $91 → $87 | +8.74% | Jun 24, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $80 | Buy | Maintains | $80 | -0.01% | Jun 21, 2024 |
Financial Forecast
Revenue This Year
26.27B
from 26.54B
Decreased by -0.99%
Revenue Next Year
27.53B
from 26.27B
Increased by 4.79%
EPS This Year
3.12
from 3.02
Increased by 3.34%
EPS Next Year
3.83
from 3.12
Increased by 22.79%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 28.4B | 30.6B | 32.5B | 33.5B | 34.5B |
| Avg | 26.3B | 27.5B | 30.1B | 32.2B | 33.2B |
| Low | 23.9B | 24.1B | 26.8B | 31.3B | 32.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.9% | 16.3% | 17.9% | 11.3% | 7.1% |
| Avg | -1.0% | 4.8% | 9.4% | 7.1% | 3.1% |
| Low | -10.0% | -8.4% | -2.8% | 3.9% | -0.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.95 | 5.34 | 5.69 | 10.24 | 11.58 |
| Avg | 3.12 | 3.83 | 4.49 | 9.85 | 11.14 |
| Low | 2.31 | 2.64 | 3.42 | 9.56 | 10.81 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 30.7% | 71.2% | 48.5% | 127.9% | 17.6% |
| Avg | 3.3% | 22.8% | 17.2% | 119.2% | 13.1% |
| Low | -23.4% | -15.5% | -10.8% | 112.7% | 9.8% |
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.