CarMax, Inc. (KMX)
NYSE: KMX · Real-Time Price · USD
54.92
-0.97 (-1.74%)
Oct 2, 2026, 4:00 PM EDT - Market closed

CarMax Stock Forecast

Stock Price Forecast

According to 20 analysts polled by S&P Global, CarMax stock has a consensus rating of "Hold" and an average price target of $62.62. The average 1-year stock price forecast is 14.02% higher than the current stock price, while the lowest is $43 (-21.70%) and the highest is $96 (+74.80%).

Price Target: $62.62 (+14.02%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$43$62.62$60$96
Change-21.70%+14.02%+9.25%+74.80%

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

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy223322
Buy000011
Hold141412141414
Sell444222
Strong Sell000000
Total202019191919

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Argus Research
Argus Research
Hold
Maintains
n/a
HoldMaintainsn/an/aOct 2, 2026
Morgan Stanley
Morgan Stanley
Hold
Reiterates
$47 → $53
HoldReiterates$47 → $53-3.50%Sep 30, 2026
J.P. Morgan
J.P. Morgan
Hold
Maintains
$70
HoldMaintains$70+27.46%Sep 30, 2026
UBS
UBS
Hold
Maintains
$57 → $62
HoldMaintains$57 → $62+12.89%Sep 30, 2026
Robert W. Baird
Robert W. Baird
Buy
Maintains
$64 → $70
BuyMaintains$64 → $70+27.46%Sep 30, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
28.61B
from 27.76B
Increased by 3.07%
Revenue Next Year
29.10B
from 28.61B
Increased by 1.73%
EPS This Year
3.36
from 2.91
Increased by 15.39%
EPS Next Year
3.57
from 3.36
Increased by 6.24%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingFeb 28, 2022Feb 28, 2023Feb 29, 2024Feb 28, 2025Feb 28, 2026Feb 28, 2027
Revenue
33.20B31.13B28.21B28.21B27.76B28.61B
Revenue Growth
65.23%-6.24%-9.36%-0.02%-1.60%3.07%
Gross Profit
4.09B3.46B3.28B3.48B3.37B2.93B
Gross Margin
12.32%11.13%11.63%12.34%12.14%10.24%
Operating Income
1.55B747.80M688.87M788.93M691.95M742.06M
Net Income
1.15B484.76M479.20M500.56M247.29M462.30M
EPS
----2.913.36
EPS Growth
-----9.35%15.39%
Forward PE
15.5026.4624.0121.4618.3216.36
Free Cash Flow
----1.24B864.00M
No. Analysts
-----16
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High29.7B
Avg28.6B
Low26.7B

Revenue Growth

Revenue Growth202720282029
High
7.2%
Avg
3.1%
Low
-3.9%

EPS Forecast

EPS202720282029
High3.86
Avg3.36
Low2.90

EPS Growth

EPS Growth202720282029
High
32.6%
Avg
15.4%
Low
-0.3%