CarMax, Inc. (KMX)

CarMax Stock Forecast

Stock Price Forecast

The 12 analysts that cover CarMax stock have a consensus rating of "Buy" and an average price target of $84.58, which forecasts a 30.18% increase in the stock price over the next year. The lowest target is $65 and the highest is $105.

Price Target: $84.58 (+30.18%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$65	$84.58	$86	$105
Change	+0.05%	+30.18%	+32.37%	+61.61%

Analyst Ratings

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

Recommendation Trends

Rating	Feb '25	Mar '25	Apr '25	May '25	Jun '25	Jul '25
Strong Buy	1	1	1	1	1	1
Buy	5	6	6	7	6	7
Hold	4	3	3	3	3	3
Sell	2	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	12	11	11	12	11	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Bellinger Mizuho	Mizuho	Hold Maintains $80 → $78	Hold	Maintains	$80 → $78	+20.06%	Jul 3, 2025
Daniela Haigian Morgan Stanley	Morgan Stanley	Buy Initiates $80	Buy	Initiates	$80	+23.13%	Jul 1, 2025
Scot Ciccarelli Truist Securities	Truist Securities	Hold Maintains $72 → $74	Hold	Maintains	$72 → $74	+13.90%	Jun 23, 2025
Steven Shemesh RBC Capital	RBC Capital	Buy Maintains $80 → $81	Buy	Maintains	$80 → $81	+24.67%	Jun 23, 2025
Chris Pierce Needham	Needham	Strong Buy Reiterates $92	Strong Buy	Reiterates	$92	+41.60%	Jun 23, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

27.69B

Decreased by -1.85%

from 28.21B

Revenue Next Year

29.08B

Increased by 5.03%

from 27.69B

EPS This Year

3.77

Increased by 17.48%

from 3.21

EPS Next Year

4.43

Increased by 17.57%

from 3.77

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	FY 2029
Period Ending	Feb 28, 2021	Feb 28, 2022	Feb 28, 2023	Feb 29, 2024	Feb 28, 2025	Feb 28, 2026	Feb 28, 2027	Feb 28, 2029
Revenue	20.09B	33.20B	31.13B	28.21B	28.21B	27.69B	29.08B	30.81B
Revenue Growth	-6.22%	65.23%	-6.24%	-9.36%	-0.02%	-1.85%	5.03%	5.94%
EPS	4.52	6.97	3.03	3.02	3.21	3.77	4.43	9.68
EPS Growth	-15.20%	54.20%	-56.53%	-0.33%	6.29%	17.48%	17.57%	118.22%
Forward PE	-	-	-	-	-	17.23	14.65	6.71
No. Analysts	-	-	-	-	-	20	20	2

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

Revenue Forecast

Revenue	2026	2027	2029	2030
High	29.6B	31.6B	32.0B
Avg	27.7B	29.1B	30.8B
Low	26.1B	26.8B	29.9B

Revenue Growth

Revenue Growth	2026	2027	2029	2030
High	4.9%	14.2%	10.1%
Avg	-1.9%	5.0%	5.9%
Low	-7.4%	-3.3%	2.8%

EPS Forecast

EPS	2026	2027	2029	2030
High	4.20	5.20	10.06
Avg	3.77	4.43	9.68
Low	2.89	3.20	9.39

EPS Growth

EPS Growth	2026	2027	2029	2030
High	30.8%	37.8%	126.9%
Avg	17.5%	17.6%	118.2%
Low	-9.9%	-15.0%	111.7%

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.