CarMax, Inc. (KMX)
NYSE: KMX · IEX Real-Time Price · USD
87.43
+0.45 (0.52%)
Mar 28, 2024, 3:08 PM EDT - Market open

CarMax Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for CarMax stock have an average target of 80.42, with a low estimate of 50 and a high estimate of 105. The average target predicts a decrease of -8.02% from the current stock price of 87.43.

Analyst Consensus: Hold
Target Low Average Median High
Price $50 $80.42 $83 $105
Change -42.81% -8.02% -5.07% +20.10%

Analyst Ratings

The average analyst rating for CarMax stock from 13 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 000001
Buy 555555
Hold 555445
Sell 222222
Strong Sell 000000
Total 121212111113

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Evercore ISI Group
Evercore ISI Group
Hold
Maintains
$78$85
Hold Maintains $78$85 -2.78% Mar 26, 2024
Needham
Needham
Strong Buy
Upgrades
$99
Strong Buy Upgrades $99 +13.23% Mar 20, 2024
Mizuho
Mizuho
Hold
Initiates
$80
Hold Initiates $80 -8.50% Mar 19, 2024
B of A Securities
B of A Securities
Sell
Maintains
$44$50
Sell Maintains $44$50 -42.81% Feb 29, 2024
Wedbush
Wedbush
Buy
Reiterates
$90
Buy Reiterates $90 +2.94% Feb 16, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
27.06B
from 29.68B
Decreased by -8.84%
Revenue Next Year
27.62B
from 27.06B
Increased by 2.07%
EPS This Year
2.95
from 3.03
Decreased by -2.51%
EPS Next Year
3.48
from 2.95
Increased by 17.91%
Year 2018201920202021202220232024202520262027
Revenue
18.17B20.32B18.95B31.90B29.68B27.06B27.62B29.59B34.89B35.99B
Revenue Growth
6.15%11.81%-6.74%68.34%-6.95%-8.84%2.07%7.12%17.92%3.13%
EPS
4.795.334.526.973.032.953.484.7910.7412.09
EPS Growth
33.06%11.27%-15.20%54.20%-56.53%-2.51%17.91%37.64%123.97%12.61%
No. Analysts -----20201422
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20232024202520262027
High 28.6B 31.4B 34.1B 36.3B 37.4B
Avg 27.1B 27.6B 29.6B 34.9B 36.0B
Low 25.9B 25.3B 26.4B 33.9B 34.9B

Revenue Growth

Revenue Growth 20232024202520262027
High
-3.7%
16.2%
23.3%
22.6%
7.2%
Avg
-8.8%
2.1%
7.1%
17.9%
3.1%
Low
-12.8%
-6.5%
-4.5%
14.4%
0.1%

EPS Forecast

EPS 20232024202520262027
High 3.33 4.31 9.78 11.16 12.57
Avg 2.95 3.48 4.79 10.74 12.09
Low 2.64 2.29 2.86 10.42 11.73

EPS Growth

EPS Growth 20232024202520262027
High
9.9%
45.7%
180.7%
132.8%
17.1%
Avg
-2.5%
17.9%
37.6%
124.0%
12.6%
Low
-13.0%
-22.4%
-17.8%
117.3%
9.3%
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.