CarMax Inc
(NYSE:KMX)

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$67.30
3.36[5.25%]
Last update: 6:18PM (Delayed 15-Minutes)
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$67.30
0[0.00%]
After-Hours
Open63.750Close67.390
Vol / Avg.2.390M / 2.094MMkt Cap10.678B
Day Range63.260 - 67.49552 Wk Range52.130 - 87.500

CarMax Stock (NYSE:KMX), Analyst Ratings, Price Targets, Predictions

Analysts publish ratings and price targets on most stocks. Benzinga tracks 120 analyst firms so investors can understand if analysts expect a stock to trade higher or lower. Ratings are directional and typically buy, sell or hold. Price Targets are an analyst's best guess at where the stock will trade in 12 months.

Consensus Rating1

Outperform

Highest Price Target1

$165.00

Lowest Price Target1

$44.00

Consensus Price Target1

$82.10

Analyst Rating Summary1

BuyOverweightHoldUnderweightSell
83412

Analyst Firms Making Recommendations1

  • JP Morgan
  • Wedbush
  • Truist Securities
  • RBC Capital
  • Stephens & Co.

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for CarMax

Upgrades (4)

Downgrades (12)

Initiations (2)

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
11/29/2023KMXBuy Now
CarMax
$67.30-10.85%JP Morgan
Rajat Gupta
$70 → $60MaintainsUnderweightGet Alert
11/16/2023KMXBuy Now
CarMax
$67.3018.87%Wedbush
Seth Basham
$90 → $80MaintainsOutperformGet Alert
10/31/2023KMXBuy Now
CarMax
$67.3033.73%Wedbush
Seth Basham
→ $90ReiteratesOutperform → OutperformGet Alert
10/18/2023KMXBuy Now
CarMax
$67.306.98%Truist Securities
Scot Ciccarelli
→ $72ReiteratesHold → HoldGet Alert
10/18/2023KMXBuy Now
CarMax
$67.3033.73%Wedbush
Seth Basham
→ $90ReiteratesOutperform → OutperformGet Alert
09/29/2023KMXBuy Now
CarMax
$67.3018.87%RBC Capital
Steven Shemesh
$90 → $80MaintainsOutperformGet Alert
09/29/2023KMXBuy Now
CarMax
$67.306.98%Truist Securities
Scot Ciccarelli
$82 → $72MaintainsHoldGet Alert
09/29/2023KMXBuy Now
CarMax
$67.3033.73%Wedbush
Seth Basham
→ $90ReiteratesOutperform → OutperformGet Alert
09/29/2023KMXBuy Now
CarMax
$67.304.01%Stephens & Co.
Daniel Imbro
$78 → $70MaintainsEqual-WeightGet Alert
09/29/2023KMXBuy Now
CarMax
$67.3030.76%Baird
Craig Kennison
$96 → $88MaintainsOutperformGet Alert
09/25/2023KMXBuy Now
CarMax
$67.3017.38%Evercore ISI Group
Michael Montani
$80 → $79MaintainsIn-LineGet Alert
09/25/2023KMXBuy Now
CarMax
$67.3033.73%Wedbush
Seth Basham
$85 → $90UpgradeNeutral → OutperformGet Alert
09/19/2023KMXBuy Now
CarMax
$67.3026.3%Wedbush
Seth Basham
→ $85ReiteratesNeutral → NeutralGet Alert
08/17/2023KMXBuy Now
CarMax
$67.3042.64%Baird
Craig Kennison
$90 → $96MaintainsOutperformGet Alert
08/17/2023KMXBuy Now
CarMax
$67.3026.3%Wedbush
Seth Basham
→ $85ReiteratesNeutral → NeutralGet Alert
07/14/2023KMXBuy Now
CarMax
$67.3056.02%Oppenheimer
Brian Nagel
$85 → $105MaintainsOutperformGet Alert
06/28/2023KMXBuy Now
CarMax
$67.3018.87%Morgan Stanley
Adam Jonas
$75 → $80MaintainsOverweightGet Alert
06/26/2023KMXBuy Now
CarMax
$67.3021.84%Truist Securities
Scot Ciccarelli
$64 → $82MaintainsHoldGet Alert
06/26/2023KMXBuy Now
CarMax
$67.3033.73%RBC Capital
Steven Shemesh
$70 → $90MaintainsOutperformGet Alert
Q

What is the target price for CarMax (KMX)?

A

The latest price target for CarMax (NYSE: KMX) was reported by JP Morgan on November 29, 2023. The analyst firm set a price target for $60.00 expecting KMX to fall to within 12 months (a possible -10.85% downside). 38 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for CarMax (KMX)?

A

The latest analyst rating for CarMax (NYSE: KMX) was provided by JP Morgan, and CarMax maintained their underweight rating.

Q

When is the next analyst rating going to be posted or updated for CarMax (KMX)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of CarMax, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for CarMax was filed on November 29, 2023 so you should expect the next rating to be made available sometime around November 29, 2024.

Q

Is the Analyst Rating CarMax (KMX) correct?

A

While ratings are subjective and will change, the latest CarMax (KMX) rating was a maintained with a price target of $70.00 to $60.00. The current price CarMax (KMX) is trading at is $67.30, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.