CarMax, Inc. (KMX)
NYSE: KMX · Real-Time Price · USD
58.07
+1.40 (2.47%)
Aug 6, 2026, 4:00 PM EDT - Market closed

CarMax Stock Forecast

Stock Price Forecast

According to 19 analysts polled by S&P Global, CarMax stock has a consensus rating of "Hold" and an average price target of $54.85. The average 1-year stock price forecast is 5.55% lower than the current stock price, while the lowest is $33 (-43.17%) and the highest is $96 (+65.32%).

Price Target: $54.85 (-5.55%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$33$54.85$55$96
Change-43.17%-5.55%-5.29%+65.32%

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
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy222233
Buy000000
Hold141414141214
Sell434442
Strong Sell000000
Total201920201919

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Hold
Upgrades
$38$60
HoldUpgrades$38$60+3.32%Jul 29, 2026
Barclays
Barclays
Hold
Upgrades
$37$61
HoldUpgrades$37$61+5.05%Jul 21, 2026
Argus Research
Argus Research
Hold
Maintains
n/a
HoldMaintainsn/an/aJul 10, 2026
Morgan Stanley
Morgan Stanley
Hold
Reiterates
$35$44
HoldReiterates$35$44-24.23%Jun 23, 2026
UBS
UBS
Hold
Reiterates
$42$57
HoldReiterates$42$57-1.84%Jun 23, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
27.09B
from 27.76B
Decreased by -2.40%
Revenue Next Year
27.70B
from 27.09B
Increased by 2.25%
EPS This Year
2.70
from 2.91
Decreased by -7.11%
EPS Next Year
3.07
from 2.70
Increased by 13.44%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingFeb 28, 2022Feb 28, 2023Feb 29, 2024Feb 28, 2025Feb 28, 2026Feb 28, 2027
Revenue
33.20B31.13B28.21B28.21B27.76B27.09B
Revenue Growth
65.23%-6.24%-9.36%-0.02%-1.60%-2.40%
Gross Profit
4.09B3.46B3.28B3.48B3.37B2.80B
Gross Margin
12.32%11.13%11.63%12.34%12.14%10.32%
Operating Income
1.55B747.80M688.87M788.93M691.95M651.75M
Net Income
1.15B484.76M479.20M500.56M247.29M394.04M
EPS
----2.912.70
EPS Growth
-----9.35%-7.11%
Forward PE
15.5026.4624.0121.4618.3221.48
Free Cash Flow
-1.22B1.87B494.25M354.98M-88.67M152.50M
No. Analysts
-----17
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High28.5B
Avg27.1B
Low26.1B

Revenue Growth

Revenue Growth202720282029
High
2.8%
Avg
-2.4%
Low
-6.1%

EPS Forecast

EPS202720282029
High3.00
Avg2.70
Low2.46

EPS Growth

EPS Growth202720282029
High
3.0%
Avg
-7.1%
Low
-15.5%