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
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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 1 |
Buy | 5 | 5 | 5 | 5 | 5 | 5 |
Hold | 5 | 5 | 5 | 4 | 4 | 5 |
Sell | 2 | 2 | 2 | 2 | 2 | 2 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 12 | 12 | 12 | 11 | 11 | 13 |
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 | Hold → Strong Buy Upgrades $99 | Hold → 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 |
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%
Revenue Forecast
Revenue | 2023 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|---|
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 | 2023 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|---|
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 | 2023 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|---|
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 | 2023 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|---|
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.