Consensus Rating1
Outperform
Highest Price Target1
$105.00
Lowest Price Target1
$50.00
Consensus Price Target1
$82.14

CarMax Analyst Ratings and Price Targets | NYSE:KMX | Benzinga

CarMax Corp has a consensus price target of $567.61 based on the ratings of 38 analysts. The high is $1350 issued by HSBC on May 10, 2024<. The low is $100 issued by Deutsche Bank on August 5, 2024. The 3 most-recent analyst ratings were released by New Street Research, Goldman Sachs, and Deutsche Bank on August 6, 2024, August 5, 2024, and August 5, 2024, respectively. With an average price target of $118.33 between New Street Research, Goldman Sachs, and Deutsche Bank, there's an implied 0.21% upside for CarMax Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Feb
1
1
Mar
7
Apr
2
May
1
Jun
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.2
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Wedbush
Evercore ISI Group
Wedbush
RBC Capital
Baird

1calculated from analyst ratings

Analyst Ratings for CarMax

Buy NowGet Alert
06/18/2025Buy Now—Wedbush
Scott Devitt83%
$90 → $90ReiteratesOutperform → OutperformGet Alert
05/28/2025Buy Now—Evercore ISI Group
Michael Montani61%
$85 → $84MaintainsOutperformGet Alert
05/19/2025Buy Now—Wedbush
Scott Devitt83%
$90 → $90ReiteratesOutperform → OutperformGet Alert
04/21/2025Buy Now—Wedbush
Seth Basham67%
$90 → $90MaintainsOutperformGet Alert
04/16/2025Buy Now—Wedbush
Seth Basham67%
$90 → $90ReiteratesOutperform → OutperformGet Alert
04/11/2025Buy Now—RBC Capital
Steven Shemesh62%
$103 → $80MaintainsOutperformGet Alert
04/11/2025Buy Now—Wedbush
Seth Basham67%
$100 → $90MaintainsOutperformGet Alert
04/11/2025Buy Now—Baird
Craig Kennison56%
$95 → $90MaintainsOutperformGet Alert
04/11/2025Buy Now—Needham
Chris Pierce47%
$101 → $92MaintainsBuyGet Alert
04/01/2025Buy Now—Wedbush
Seth Basham67%
$100 → $100ReiteratesOutperform → OutperformGet Alert
03/27/2025Buy Now—JP Morgan
Rajat Gupta76%
$72 → $65MaintainsUnderweightGet Alert
03/11/2025Buy Now—Evercore ISI Group
Michael Montani61%
$107 → $105MaintainsOutperformGet Alert
02/03/2025Buy Now—Needham
Chris Pierce47%
$98 → $101MaintainsBuyGet Alert
12/20/2024Buy Now—JP Morgan
Rajat Gupta76%
$70 → $72MaintainsUnderweightGet Alert
12/20/2024Buy Now—Truist Securities
Scot Ciccarelli70%
$72 → $88MaintainsHoldGet Alert
12/20/2024Buy Now—RBC Capital
Steven Shemesh62%
$99 → $103MaintainsOutperformGet Alert
12/20/2024Buy Now—Mizuho
David Bellinger48%
$72 → $80MaintainsNeutralGet Alert
12/20/2024Buy Now—Needham
Chris Pierce47%
$90 → $98MaintainsBuyGet Alert
12/05/2024Buy Now—JP Morgan
Rajat Gupta76%
$65 → $70MaintainsUnderweightGet Alert
12/05/2024Buy Now—Stephens & Co.
Jeff Lick74%
→ $86Initiates → Equal-WeightGet Alert
12/03/2024Buy Now—Evercore ISI Group
Michael Montani61%
$81 → $83MaintainsIn-LineGet Alert
10/22/2024Buy Now—Evercore ISI Group
Michael Montani61%
$79 → $76MaintainsIn-LineGet Alert
10/17/2024Buy Now—Evercore ISI Group
Michael Montani61%
$76 → $79MaintainsIn-LineGet Alert
10/16/2024Buy Now—RBC Capital
Steven Shemesh62%
$82 → $82ReiteratesOutperform → OutperformGet Alert
10/16/2024Buy Now—Wedbush
Seth Basham67%
$95 → $95ReiteratesOutperform → OutperformGet Alert
10/16/2024Buy Now—Needham
Chris Pierce47%
$90 → $90ReiteratesBuy → BuyGet Alert
10/04/2024Buy Now—Oppenheimer
Brian Nagel67%
$105 → $105MaintainsOutperformGet Alert
10/03/2024Buy Now—Evercore ISI Group
Michael Montani61%
$79 → $76MaintainsIn-LineGet Alert
09/30/2024Buy Now—Needham
Chris Pierce47%
$87 → $90MaintainsBuyGet Alert
09/27/2024Buy Now—Truist Securities
Scot Ciccarelli70%
$75 → $72MaintainsHoldGet Alert
09/27/2024Buy Now—RBC Capital
Steven Shemesh62%
$75 → $82MaintainsOutperformGet Alert
09/27/2024Buy Now—Evercore ISI Group
Michael Montani61%
$76 → $79MaintainsIn-LineGet Alert
09/27/2024Buy Now—Needham
Chris Pierce47%
$87 → $90MaintainsBuyGet Alert
09/23/2024Buy Now—Truist Securities
Scot Ciccarelli70%
$70 → $75MaintainsHoldGet Alert
09/19/2024Buy Now—JP Morgan
Rajat Gupta76%
$55 → $65MaintainsUnderweightGet Alert
09/17/2024Buy Now—Wedbush
Seth Basham67%
$95 → $95ReiteratesOutperform → OutperformGet Alert
08/16/2024Buy Now—Wedbush
Seth Basham67%
$95 → $95ReiteratesOutperform → OutperformGet Alert
07/17/2024Buy Now—Wedbush
Seth Basham67%
$85 → $95MaintainsOutperformGet Alert
07/16/2024Buy Now—Evercore ISI Group
Michael Montani61%
$68 → $72MaintainsIn-LineGet Alert
06/24/2024Buy Now—RBC Capital
Steven Shemesh62%
$73 → $75MaintainsOutperformGet Alert
06/24/2024Buy Now—Oppenheimer
Brian Nagel67%
$105 → $105MaintainsOutperformGet Alert
06/24/2024Buy Now—Truist Securities
Scot Ciccarelli70%
$66 → $70MaintainsHoldGet Alert
06/24/2024Buy Now—Needham
Chris Pierce47%
$91 → $87MaintainsBuyGet Alert
06/21/2024Buy Now—Morgan Stanley
Adam Jonas62%
$80 → $80MaintainsOverweightGet Alert
06/20/2024Buy Now—Evercore ISI Group
Michael Montani61%
$73 → $68MaintainsIn-LineGet Alert
06/18/2024Buy Now—Truist Securities
Scot Ciccarelli70%
$72 → $66MaintainsHoldGet Alert
06/18/2024Buy Now—Mizuho
David Bellinger48%
$75 → $72MaintainsNeutralGet Alert
06/18/2024Buy Now—Wedbush
Seth Basham67%
$90 → $90ReiteratesOutperform → OutperformGet Alert
06/06/2024Buy Now—Evercore ISI Group
Michael Montani61%
$72 → $68MaintainsIn-LineGet Alert
05/16/2024Buy Now—Wedbush
Seth Basham67%
$90 → $90ReiteratesOutperform → OutperformGet Alert
04/16/2024Buy Now—Wedbush
Seth Basham67%
$90 → $90ReiteratesOutperform → OutperformGet Alert
04/15/2024Buy Now—JP Morgan
Rajat Gupta76%
$60 → $55MaintainsUnderweightGet Alert
04/12/2024Buy Now—Evercore ISI Group
Michael Montani61%
$85 → $74MaintainsIn-LineGet Alert
04/12/2024Buy Now—RBC Capital
Steven Shemesh62%
$83 → $73MaintainsOutperformGet Alert
04/12/2024Buy Now—Mizuho
David Bellinger48%
$80 → $75MaintainsNeutralGet Alert
04/12/2024Buy Now—Truist Securities
Scot Ciccarelli70%
$75 → $72MaintainsHoldGet Alert
04/12/2024Buy Now—Needham
Chris Pierce47%
$99 → $91MaintainsBuyGet Alert
04/12/2024Buy Now—Baird
Craig Kennison56%
$88 → $84MaintainsOutperformGet Alert
04/09/2024Buy Now—Oppenheimer
Brian Nagel67%
$105 → $105ReiteratesOutperform → OutperformGet Alert
04/08/2024Buy Now—RBC Capital
Steven Shemesh62%
$83 → $83MaintainsOutperformGet Alert
04/02/2024Buy Now—Wedbush
Seth Basham67%
$90 → $100MaintainsOutperformGet Alert
03/26/2024Buy Now—Evercore ISI Group
Michael Montani61%
$78 → $85MaintainsIn-LineGet Alert
03/20/2024Buy Now—Needham
Chris Pierce47%
→ $99UpgradeHold → BuyGet Alert
03/19/2024Buy Now—Mizuho
David Bellinger48%
→ $80Initiates → NeutralGet Alert
02/29/2024Buy Now—B of A Securities
John Murphy54%
$44 → $50MaintainsUnderperformGet Alert
02/16/2024Buy Now—Wedbush
Seth Basham67%
$90 → $90ReiteratesOutperform → OutperformGet Alert
01/17/2024Buy Now—Wedbush
Seth Basham67%
$90 → $90ReiteratesOutperform → OutperformGet Alert
12/22/2023Buy Now—Truist Securities
Scot Ciccarelli70%
$72 → $75MaintainsHoldGet Alert
12/22/2023Buy Now—RBC Capital
Steven Shemesh62%
$80 → $83MaintainsOutperformGet Alert
11/29/2023Buy Now—JP Morgan
Rajat Gupta76%
$70 → $60MaintainsUnderweightGet Alert
11/16/2023Buy Now—Wedbush
Seth Basham67%
$90 → $80MaintainsOutperformGet Alert
10/31/2023Buy Now—Wedbush
Seth Basham67%
→ $90ReiteratesOutperform → OutperformGet Alert
10/18/2023Buy Now—Truist Securities
Scot Ciccarelli70%
→ $72ReiteratesHold → HoldGet Alert
10/18/2023Buy Now—Wedbush
Seth Basham67%
→ $90ReiteratesOutperform → OutperformGet Alert
09/29/2023Buy Now—RBC Capital
Steven Shemesh62%
$90 → $80MaintainsOutperformGet Alert
09/29/2023Buy Now—Truist Securities
Scot Ciccarelli70%
$82 → $72MaintainsHoldGet Alert
09/29/2023Buy Now—Wedbush
Seth Basham67%
→ $90ReiteratesOutperform → OutperformGet Alert
09/29/2023Buy Now—Stephens & Co.
Daniel Imbro67%
$78 → $70MaintainsEqual-WeightGet Alert
09/29/2023Buy Now—Baird
Craig Kennison56%
$96 → $88MaintainsOutperformGet Alert
09/25/2023Buy Now—Evercore ISI Group
Michael Montani61%
$80 → $79MaintainsIn-LineGet Alert
09/25/2023Buy Now—Wedbush
Seth Basham67%
$85 → $90UpgradeNeutral → OutperformGet Alert
09/19/2023Buy Now—Wedbush
Seth Basham67%
→ $85ReiteratesNeutral → NeutralGet Alert
08/17/2023Buy Now—Baird
Craig Kennison56%
$90 → $96MaintainsOutperformGet Alert
08/17/2023Buy Now—Wedbush
Seth Basham67%
→ $85ReiteratesNeutral → NeutralGet Alert
07/14/2023Buy Now—Oppenheimer
Brian Nagel67%
$85 → $105MaintainsOutperformGet Alert
06/28/2023Buy Now—Morgan Stanley
Adam Jonas62%
$75 → $80MaintainsOverweightGet Alert
06/26/2023Buy Now—Truist Securities
Scot Ciccarelli70%
$64 → $82MaintainsHoldGet Alert
06/26/2023Buy Now—RBC Capital
Steven Shemesh62%
$70 → $90MaintainsOutperformGet Alert
06/26/2023Buy Now—JP Morgan
Rajat Gupta76%
$55 → $60MaintainsUnderweightGet Alert
06/15/2023Buy Now—Truist Securities
Scot Ciccarelli70%
→ $64ReiteratesHold → HoldGet Alert
06/12/2023Buy Now—Northcoast Research
John Healy67%
—DowngradeBuy → NeutralGet Alert
04/24/2023Buy Now—Wedbush
Seth Basham67%
$55 → $70MaintainsNeutralGet Alert
04/14/2023Buy Now—Oppenheimer
Brian Nagel67%
$75 → $85MaintainsOutperformGet Alert
04/13/2023Buy Now—B of A Securities
John Murphy54%
$40 → $44MaintainsUnderperformGet Alert
04/13/2023Buy Now—RBC Capital
Steven Shemesh62%
$60 → $70MaintainsOutperformGet Alert
04/12/2023Buy Now—Truist Securities
Scot Ciccarelli70%
$66 → $64MaintainsHoldGet Alert
04/12/2023Buy Now—Wedbush
Seth Basham67%
→ $55Reiterates → NeutralGet Alert
03/31/2023Buy Now—Stephens & Co.
Daniel Imbro67%
$53 → $51MaintainsEqual-WeightGet Alert
03/16/2023Buy Now—Wedbush
Seth Basham67%
→ $55Reiterates → NeutralGet Alert
03/10/2023Buy Now—JP Morgan
Rajat Gupta76%
$60 → $55MaintainsUnderweightGet Alert

FAQ

Q

What is the target price for CarMax (KMX) stock?

A

The latest price target for CarMax (NYSE:KMX) was reported by Wedbush on June 18, 2025. The analyst firm set a price target for $90.00 expecting KMX to rise to within 12 months (a possible 32.25% upside). 44 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 Wedbush, and CarMax reiterated their outperform rating.

Q

When was the last upgrade for CarMax (KMX)?

A

The last upgrade for CarMax Inc happened on March 20, 2024 when Needham raised their price target to $99. Needham previously had a hold for CarMax Inc.

Q

When was the last downgrade for CarMax (KMX)?

A

The last downgrade for CarMax Inc happened on June 12, 2023 when Northcoast Research changed their price target from N/A to N/A for CarMax Inc.

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 June 18, 2025 so you should expect the next rating to be made available sometime around June 18, 2026.

Q

Is the Analyst Rating CarMax (KMX) correct?

A

While ratings are subjective and will change, the latest CarMax (KMX) rating was a reiterated with a price target of $90.00 to $90.00. The current price CarMax (KMX) is trading at is $68.06, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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