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 $42.15. The average 1-year stock price forecast is 10.60% lower than the current stock price, while the lowest is $19 (-59.70%) and the highest is $99 (+109.97%).

Price Target: $42.15 (-10.60%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$19	$42.15	$40	$99
Change	-59.70%	-10.60%	-15.16%	+109.97%

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	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	2	2	2	2	2	2
Buy	0	0	0	0	0	0
Hold	14	14	14	14	14	14
Sell	4	4	4	3	4	4
Strong Sell	0	0	0	0	0	0
Total	20	20	20	19	20	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Daniela Haigian Morgan Stanley	Morgan Stanley	Hold Reiterates $35	Hold	Reiterates	$35	-25.77%	May 27, 2026
Joseph Spak UBS	UBS	Hold Initiates $42	Hold	Initiates	$42	-10.92%	May 27, 2026
John Babcock Barclays	Barclays	Sell Reiterates $28 → $26	Sell	Reiterates	$28 → $26	-44.86%	Apr 16, 2026
Michael Montani Evercore ISI	Evercore ISI	Hold Maintains $39 → $45	Hold	Maintains	$39 → $45	-4.56%	Apr 15, 2026
David Bellinger Mizuho Securities	Mizuho Securities	Hold Maintains $38	Hold	Maintains	$38	-19.41%	Apr 15, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

26.02B

from 27.76B

-6.27%

from 27.76B

Revenue Next Year

26.60B

from 26.02B

2.25%

from 26.02B

EPS This Year

2.30

from 2.91

-20.89%

from 2.91

EPS Next Year

2.76

from 2.30

19.69%

from 2.30

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	26.02B
Revenue Growth	65.23%	-6.24%	-9.36%	-0.02%	-1.60%	-6.27%
Gross Profit	4.09B	3.46B	3.28B	3.48B	3.37B	2.72B
Gross Margin	12.32%	11.13%	11.63%	12.34%	12.14%	10.44%
Operating Income	1.55B	747.80M	688.87M	788.93M	691.95M	560.70M
Net Income	1.15B	484.76M	479.20M	500.56M	247.29M	322.70M
EPS	-	-	-	-	2.91	2.30
EPS Growth	-	-	-	-	-9.35%	-20.89%
Forward PE	15.50	26.46	24.01	21.46	18.32	20.48
Free Cash Flow	-1.22B	1.87B	494.25M	354.98M	-88.67M	577.50M
No. Analysts	-	-	-	-	-	17

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

Revenue Forecast

Revenue	2027	2028	2029
High	26.8B
Avg	26.0B
Low	25.5B

Revenue Growth

Revenue Growth	2027	2028	2029
High	-3.5%
Avg	-6.3%
Low	-8.1%

EPS Forecast

EPS	2027	2028	2029
High	-
Avg	2.30
Low	-

EPS Growth

EPS Growth	2027	2028	2029
High	-
Avg	-20.9%
Low	-