Highest Price Target1
Lowest Price Target1
Consensus Price Target1
Analyst Rating Summary1
| Buy | Overweight | Hold | Underweight | Sell |
|---|---|---|---|---|
| 8 | 3 | 4 | 1 | 2 |
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
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 11/29/2023 | KMX | Buy Now | CarMax | $67.30 | -10.85% | JP Morgan | Rajat Gupta | $70 → $60 | Maintains | Underweight | Get Alert |
| 11/16/2023 | KMX | Buy Now | CarMax | $67.30 | 18.87% | Wedbush | Seth Basham | $90 → $80 | Maintains | Outperform | Get Alert |
| 10/31/2023 | KMX | Buy Now | CarMax | $67.30 | 33.73% | Wedbush | Seth Basham | → $90 | Reiterates | Outperform → Outperform | Get Alert |
| 10/18/2023 | KMX | Buy Now | CarMax | $67.30 | 6.98% | Truist Securities | Scot Ciccarelli | → $72 | Reiterates | Hold → Hold | Get Alert |
| 10/18/2023 | KMX | Buy Now | CarMax | $67.30 | 33.73% | Wedbush | Seth Basham | → $90 | Reiterates | Outperform → Outperform | Get Alert |
| 09/29/2023 | KMX | Buy Now | CarMax | $67.30 | 18.87% | RBC Capital | Steven Shemesh | $90 → $80 | Maintains | Outperform | Get Alert |
| 09/29/2023 | KMX | Buy Now | CarMax | $67.30 | 6.98% | Truist Securities | Scot Ciccarelli | $82 → $72 | Maintains | Hold | Get Alert |
| 09/29/2023 | KMX | Buy Now | CarMax | $67.30 | 33.73% | Wedbush | Seth Basham | → $90 | Reiterates | Outperform → Outperform | Get Alert |
| 09/29/2023 | KMX | Buy Now | CarMax | $67.30 | 4.01% | Stephens & Co. | Daniel Imbro | $78 → $70 | Maintains | Equal-Weight | Get Alert |
| 09/29/2023 | KMX | Buy Now | CarMax | $67.30 | 30.76% | Baird | Craig Kennison | $96 → $88 | Maintains | Outperform | Get Alert |
| 09/25/2023 | KMX | Buy Now | CarMax | $67.30 | 17.38% | Evercore ISI Group | Michael Montani | $80 → $79 | Maintains | In-Line | Get Alert |
| 09/25/2023 | KMX | Buy Now | CarMax | $67.30 | 33.73% | Wedbush | Seth Basham | $85 → $90 | Upgrade | Neutral → Outperform | Get Alert |
| 09/19/2023 | KMX | Buy Now | CarMax | $67.30 | 26.3% | Wedbush | Seth Basham | → $85 | Reiterates | Neutral → Neutral | Get Alert |
| 08/17/2023 | KMX | Buy Now | CarMax | $67.30 | 42.64% | Baird | Craig Kennison | $90 → $96 | Maintains | Outperform | Get Alert |
| 08/17/2023 | KMX | Buy Now | CarMax | $67.30 | 26.3% | Wedbush | Seth Basham | → $85 | Reiterates | Neutral → Neutral | Get Alert |
| 07/14/2023 | KMX | Buy Now | CarMax | $67.30 | 56.02% | Oppenheimer | Brian Nagel | $85 → $105 | Maintains | Outperform | Get Alert |
| 06/28/2023 | KMX | Buy Now | CarMax | $67.30 | 18.87% | Morgan Stanley | Adam Jonas | $75 → $80 | Maintains | Overweight | Get Alert |
| 06/26/2023 | KMX | Buy Now | CarMax | $67.30 | 21.84% | Truist Securities | Scot Ciccarelli | $64 → $82 | Maintains | Hold | Get Alert |
| 06/26/2023 | KMX | Buy Now | CarMax | $67.30 | 33.73% | RBC Capital | Steven Shemesh | $70 → $90 | Maintains | Outperform | Get Alert |
What is the target price for CarMax (KMX)?
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.
What is the most recent analyst rating for CarMax (KMX)?
The latest analyst rating for CarMax (NYSE: KMX) was provided by JP Morgan, and CarMax maintained their underweight rating.
When is the next analyst rating going to be posted or updated for CarMax (KMX)?
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.
Is the Analyst Rating CarMax (KMX) correct?
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.