CarMax, Inc. (KMX)

CarMax Stock Forecast

Stock Price Forecast

According to 18 analysts polled by S&P Global, CarMax stock has a consensus rating of "Hold" and an average price target of $51.31. The average 1-year stock price forecast is 1.36% lower than the current stock price, while the lowest is $33 (-36.56%) and the highest is $96 (+84.54%).

Price Target: $51.31 (-1.36%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$33	$51.31	$45	$96
Change	-36.56%	-1.36%	-13.49%	+84.54%

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	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	2	2	2	2	2	3
Buy	0	0	0	0	0	0
Hold	14	14	14	14	14	11
Sell	4	4	3	4	4	4
Strong Sell	0	0	0	0	0	0
Total	20	20	19	20	20	18

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
John Babcock Barclays	Barclays	Sell Maintains $37	Sell	Maintains	$37	-28.87%	Jun 26, 2026
Rajat Gupta CFA J.P. Morgan	J.P. Morgan	Sell Maintains $38	Sell	Maintains	$38	-26.95%	Jun 23, 2026
Andrew Percoco Morgan Stanley	Morgan Stanley	Hold Reiterates $35 → $44	Hold	Reiterates	$35 → $44	-15.42%	Jun 23, 2026
Joseph Spak UBS	UBS	Hold Reiterates $42 → $57	Hold	Reiterates	$42 → $57	+9.57%	Jun 23, 2026
Scot Ciccarelli Truist Financial	Truist Financial	Hold Maintains $50	Hold	Maintains	$50	-3.88%	Jun 23, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

26.98B

Decreased by -2.77%

from 27.76B

Revenue Next Year

27.57B

Increased by 2.18%

from 26.98B

EPS This Year

2.66

Decreased by -8.50%

from 2.91

EPS Next Year

3.02

Increased by 13.50%

from 2.66

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Feb 28, 2022	Feb 28, 2023	Feb 29, 2024	Feb 28, 2025	Feb 28, 2026	Feb 28, 2027
Revenue	33.20B	31.13B	28.21B	28.21B	27.76B	26.98B
Revenue Growth	65.23%	-6.24%	-9.36%	-0.02%	-1.60%	-2.77%
Gross Profit	4.09B	3.46B	3.28B	3.48B	3.37B	2.79B
Gross Margin	12.32%	11.13%	11.63%	12.34%	12.14%	10.34%
Operating Income	1.55B	747.80M	688.87M	788.93M	691.95M	644.93M
Net Income	1.15B	484.76M	479.20M	500.56M	247.29M	388.70M
EPS	-	-	-	-	2.91	2.66
EPS Growth	-	-	-	-	-9.35%	-8.50%
Forward PE	15.50	26.46	24.01	21.46	18.32	19.54
Free Cash Flow	-1.22B	1.87B	494.25M	354.98M	-88.67M	152.50M
No. Analysts	-	-	-	-	-	17

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2027	2028	2029
High	27.8B
Avg	27.0B
Low	26.1B

Revenue Growth

Revenue Growth	2027	2028	2029
High	0.2%
Avg	-2.8%
Low	-6.1%

EPS Forecast

EPS	2027	2028	2029
High	2.82
Avg	2.66
Low	2.46

EPS Growth

EPS Growth	2027	2028	2029
High	-3.1%
Avg	-8.5%
Low	-15.5%

Data Sources: S&P Global Market Intelligence and TipRanks Last updated: Jun 26, 2026

Price targets, consensus ratings and financial forecasts are provided by S&P Global Market Intelligence. Individual analyst data is provided by TipRanks. Price targets and consensus ratings update every hour to every three days, while individual analyst data updates in near real-time.

Last checked:

Jun 26, 2026

Data Sources Report a data error