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CarMax Analyst Ratings

KMXNYSE
Logo brought to you by Benzinga Data
$62.27
-0.95-1.50%
At close: -
$63.17
0.901.45%
After Hours: May 23, 4:26 PM EDT
Consensus Rating1
Outperform
Highest Price Target1
$105.00
Lowest Price Target1
$50.00
Consensus Price Target1
$83.64

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

CarMax Inc has a consensus price target of $83.64 based on the ratings of 15 analysts. The high is $105 issued by Evercore ISI Group on March 11, 2025. The low is $50 issued by B of A Securities on February 29, 2024. The 3 most-recent analyst ratings were released by Wedbush on May 19, 2025, April 21, 2025, and April 16, 2025, respectively. With an average price target of $90 between Wedbush, there's an implied 42.47% upside for CarMax Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
2
2
2
Dec 24
1
Feb
1
1
Mar
7
Apr
1
May
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
Wedbush
RBC Capital
Baird
Needham

1calculated from analyst ratings

Analyst Ratings for CarMax

Buy NowGet Alert
05/19/2025Buy Now42.47%Wedbush
Scott Devitt82%
$90 → $90ReiteratesOutperform → OutperformGet Alert
04/21/2025Buy Now42.47%Wedbush
Seth Basham66%
$90 → $90MaintainsOutperformGet Alert
04/16/2025Buy Now42.47%Wedbush
Seth Basham66%
$90 → $90ReiteratesOutperform → OutperformGet Alert
04/11/2025Buy Now26.64%RBC Capital
Steven Shemesh63%
$103 → $80MaintainsOutperformGet Alert
04/11/2025Buy Now42.47%Wedbush
Seth Basham66%
$100 → $90MaintainsOutperformGet Alert
04/11/2025Buy Now42.47%Baird
Craig Kennison57%
$95 → $90MaintainsOutperformGet Alert
04/11/2025Buy Now45.64%Needham
Chris Pierce46%
$101 → $92MaintainsBuyGet Alert
04/01/2025Buy Now58.3%Wedbush
Seth Basham66%
$100 → $100ReiteratesOutperform → OutperformGet Alert
03/27/2025Buy Now2.9%JP Morgan
Rajat Gupta76%
$72 → $65MaintainsUnderweightGet Alert
03/11/2025Buy Now66.22%Evercore ISI Group
Michael Montani59%
$107 → $105MaintainsOutperformGet Alert
02/03/2025Buy Now59.89%Needham
Chris Pierce46%
$98 → $101MaintainsBuyGet Alert
12/20/2024Buy Now13.98%JP Morgan
Rajat Gupta76%
$70 → $72MaintainsUnderweightGet Alert
12/20/2024Buy Now39.31%Truist Securities
Scot Ciccarelli72%
$72 → $88MaintainsHoldGet Alert
12/20/2024Buy Now63.05%RBC Capital
Steven Shemesh63%
$99 → $103MaintainsOutperformGet Alert
12/20/2024Buy Now26.64%Mizuho
David Bellinger48%
$72 → $80MaintainsNeutralGet Alert
12/20/2024Buy Now55.14%Needham
Chris Pierce46%
$90 → $98MaintainsBuyGet Alert
12/05/2024Buy Now10.81%JP Morgan
Rajat Gupta76%
$65 → $70MaintainsUnderweightGet Alert
12/05/2024Buy Now36.14%Stephens & Co.
Jeff Lick72%
→ $86Initiates → Equal-WeightGet Alert
12/03/2024Buy Now31.39%Evercore ISI Group
Michael Montani59%
$81 → $83MaintainsIn-LineGet Alert
10/22/2024Buy Now20.31%Evercore ISI Group
Michael Montani59%
$79 → $76MaintainsIn-LineGet Alert
10/17/2024Buy Now25.06%Evercore ISI Group
Michael Montani59%
$76 → $79MaintainsIn-LineGet Alert
10/16/2024Buy Now29.81%RBC Capital
Steven Shemesh63%
$82 → $82ReiteratesOutperform → OutperformGet Alert
10/16/2024Buy Now50.39%Wedbush
Seth Basham66%
$95 → $95ReiteratesOutperform → OutperformGet Alert
10/16/2024Buy Now42.47%Needham
Chris Pierce46%
$90 → $90ReiteratesBuy → BuyGet Alert
10/04/2024Buy Now66.22%Oppenheimer
Brian Nagel69%
$105 → $105MaintainsOutperformGet Alert
10/03/2024Buy Now20.31%Evercore ISI Group
Michael Montani59%
$79 → $76MaintainsIn-LineGet Alert
09/30/2024Buy Now42.47%Needham
Chris Pierce46%
$87 → $90MaintainsBuyGet Alert
09/27/2024Buy Now13.98%Truist Securities
Scot Ciccarelli72%
$75 → $72MaintainsHoldGet Alert
09/27/2024Buy Now29.81%RBC Capital
Steven Shemesh63%
$75 → $82MaintainsOutperformGet Alert
09/27/2024Buy Now25.06%Evercore ISI Group
Michael Montani59%
$76 → $79MaintainsIn-LineGet Alert
09/27/2024Buy Now42.47%Needham
Chris Pierce46%
$87 → $90MaintainsBuyGet Alert
09/23/2024Buy Now18.73%Truist Securities
Scot Ciccarelli72%
$70 → $75MaintainsHoldGet Alert
09/19/2024Buy Now2.9%JP Morgan
Rajat Gupta76%
$55 → $65MaintainsUnderweightGet Alert
09/17/2024Buy Now50.39%Wedbush
Seth Basham66%
$95 → $95ReiteratesOutperform → OutperformGet Alert
08/16/2024Buy Now50.39%Wedbush
Seth Basham66%
$95 → $95ReiteratesOutperform → OutperformGet Alert
07/17/2024Buy Now50.39%Wedbush
Seth Basham66%
$85 → $95MaintainsOutperformGet Alert
07/16/2024Buy Now13.98%Evercore ISI Group
Michael Montani59%
$68 → $72MaintainsIn-LineGet Alert
06/24/2024Buy Now18.73%RBC Capital
Steven Shemesh63%
$73 → $75MaintainsOutperformGet Alert
06/24/2024Buy Now66.22%Oppenheimer
Brian Nagel69%
$105 → $105MaintainsOutperformGet Alert
06/24/2024Buy Now10.81%Truist Securities
Scot Ciccarelli72%
$66 → $70MaintainsHoldGet Alert
06/24/2024Buy Now37.72%Needham
Chris Pierce46%
$91 → $87MaintainsBuyGet Alert
06/21/2024Buy Now26.64%Morgan Stanley
Adam Jonas63%
$80 → $80MaintainsOverweightGet Alert
06/20/2024Buy Now7.65%Evercore ISI Group
Michael Montani59%
$73 → $68MaintainsIn-LineGet Alert
06/18/2024Buy Now4.48%Truist Securities
Scot Ciccarelli72%
$72 → $66MaintainsHoldGet Alert
06/18/2024Buy Now13.98%Mizuho
David Bellinger48%
$75 → $72MaintainsNeutralGet Alert
06/18/2024Buy Now42.47%Wedbush
Seth Basham66%
$90 → $90ReiteratesOutperform → OutperformGet Alert
06/06/2024Buy Now7.65%Evercore ISI Group
Michael Montani59%
$72 → $68MaintainsIn-LineGet Alert
05/16/2024Buy Now42.47%Wedbush
Seth Basham66%
$90 → $90ReiteratesOutperform → OutperformGet Alert
04/16/2024Buy Now42.47%Wedbush
Seth Basham66%
$90 → $90ReiteratesOutperform → OutperformGet Alert
04/15/2024Buy Now-12.93%JP Morgan
Rajat Gupta76%
$60 → $55MaintainsUnderweightGet Alert
04/12/2024Buy Now17.14%Evercore ISI Group
Michael Montani59%
$85 → $74MaintainsIn-LineGet Alert
04/12/2024Buy Now15.56%RBC Capital
Steven Shemesh63%
$83 → $73MaintainsOutperformGet Alert
04/12/2024Buy Now18.73%Mizuho
David Bellinger48%
$80 → $75MaintainsNeutralGet Alert
04/12/2024Buy Now13.98%Truist Securities
Scot Ciccarelli72%
$75 → $72MaintainsHoldGet Alert
04/12/2024Buy Now44.06%Needham
Chris Pierce46%
$99 → $91MaintainsBuyGet Alert
04/12/2024Buy Now32.97%Baird
Craig Kennison57%
$88 → $84MaintainsOutperformGet Alert
04/09/2024Buy Now66.22%Oppenheimer
Brian Nagel69%
$105 → $105ReiteratesOutperform → OutperformGet Alert
04/08/2024Buy Now31.39%RBC Capital
Steven Shemesh63%
$83 → $83MaintainsOutperformGet Alert
04/02/2024Buy Now58.3%Wedbush
Seth Basham66%
$90 → $100MaintainsOutperformGet Alert
03/26/2024Buy Now34.56%Evercore ISI Group
Michael Montani59%
$78 → $85MaintainsIn-LineGet Alert
03/20/2024Buy Now56.72%Needham
Chris Pierce46%
→ $99UpgradeHold → BuyGet Alert
03/19/2024Buy Now26.64%Mizuho
David Bellinger48%
→ $80Initiates → NeutralGet Alert
02/29/2024Buy Now-20.85%B of A Securities
John Murphy54%
$44 → $50MaintainsUnderperformGet Alert
02/16/2024Buy Now42.47%Wedbush
Seth Basham66%
$90 → $90ReiteratesOutperform → OutperformGet Alert
01/17/2024Buy Now42.47%Wedbush
Seth Basham66%
$90 → $90ReiteratesOutperform → OutperformGet Alert
12/22/2023Buy Now18.73%Truist Securities
Scot Ciccarelli72%
$72 → $75MaintainsHoldGet Alert
12/22/2023Buy Now31.39%RBC Capital
Steven Shemesh63%
$80 → $83MaintainsOutperformGet Alert
11/29/2023Buy Now-5.02%JP Morgan
Rajat Gupta76%
$70 → $60MaintainsUnderweightGet Alert
11/16/2023Buy Now26.64%Wedbush
Seth Basham66%
$90 → $80MaintainsOutperformGet Alert
10/31/2023Buy Now42.47%Wedbush
Seth Basham66%
→ $90ReiteratesOutperform → OutperformGet Alert
10/18/2023Buy Now13.98%Truist Securities
Scot Ciccarelli72%
→ $72ReiteratesHold → HoldGet Alert
10/18/2023Buy Now42.47%Wedbush
Seth Basham66%
→ $90ReiteratesOutperform → OutperformGet Alert
09/29/2023Buy Now26.64%RBC Capital
Steven Shemesh63%
$90 → $80MaintainsOutperformGet Alert
09/29/2023Buy Now13.98%Truist Securities
Scot Ciccarelli72%
$82 → $72MaintainsHoldGet Alert
09/29/2023Buy Now42.47%Wedbush
Seth Basham66%
→ $90ReiteratesOutperform → OutperformGet Alert
09/29/2023Buy Now10.81%Stephens & Co.
Daniel Imbro67%
$78 → $70MaintainsEqual-WeightGet Alert
09/29/2023Buy Now39.31%Baird
Craig Kennison57%
$96 → $88MaintainsOutperformGet Alert
09/25/2023Buy Now25.06%Evercore ISI Group
Michael Montani59%
$80 → $79MaintainsIn-LineGet Alert
09/25/2023Buy Now42.47%Wedbush
Seth Basham66%
$85 → $90UpgradeNeutral → OutperformGet Alert
09/19/2023Buy Now34.56%Wedbush
Seth Basham66%
→ $85ReiteratesNeutral → NeutralGet Alert
08/17/2023Buy Now51.97%Baird
Craig Kennison57%
$90 → $96MaintainsOutperformGet Alert
08/17/2023Buy Now34.56%Wedbush
Seth Basham66%
→ $85ReiteratesNeutral → NeutralGet Alert
07/14/2023Buy Now66.22%Oppenheimer
Brian Nagel69%
$85 → $105MaintainsOutperformGet Alert
06/28/2023Buy Now26.64%Morgan Stanley
Adam Jonas63%
$75 → $80MaintainsOverweightGet Alert
06/26/2023Buy Now29.81%Truist Securities
Scot Ciccarelli72%
$64 → $82MaintainsHoldGet Alert
06/26/2023Buy Now42.47%RBC Capital
Steven Shemesh63%
$70 → $90MaintainsOutperformGet Alert
06/26/2023Buy Now-5.02%JP Morgan
Rajat Gupta76%
$55 → $60MaintainsUnderweightGet Alert
06/15/2023Buy Now1.31%Truist Securities
Scot Ciccarelli72%
→ $64ReiteratesHold → HoldGet Alert
06/12/2023Buy Now—Northcoast Research
John Healy68%
—DowngradeBuy → NeutralGet Alert
04/24/2023Buy Now10.81%Wedbush
Seth Basham66%
$55 → $70MaintainsNeutralGet Alert
04/14/2023Buy Now34.56%Oppenheimer
Brian Nagel69%
$75 → $85MaintainsOutperformGet Alert
04/13/2023Buy Now-30.35%B of A Securities
John Murphy54%
$40 → $44MaintainsUnderperformGet Alert
04/13/2023Buy Now10.81%RBC Capital
Steven Shemesh63%
$60 → $70MaintainsOutperformGet Alert
04/12/2023Buy Now1.31%Truist Securities
Scot Ciccarelli72%
$66 → $64MaintainsHoldGet Alert
04/12/2023Buy Now-12.93%Wedbush
Seth Basham66%
→ $55Reiterates → NeutralGet Alert
03/31/2023Buy Now-19.27%Stephens & Co.
Daniel Imbro67%
$53 → $51MaintainsEqual-WeightGet Alert
03/16/2023Buy Now-12.93%Wedbush
Seth Basham66%
→ $55Reiterates → NeutralGet Alert
03/10/2023Buy Now-12.93%JP Morgan
Rajat Gupta76%
$60 → $55MaintainsUnderweightGet Alert
02/23/2023Buy Now4.48%Truist Securities
Scot Ciccarelli72%
→ $66Initiates → HoldGet Alert
01/11/2023Buy Now-5.02%JP Morgan
Rajat Gupta76%
→ $60DowngradeNeutral → UnderweightGet 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 May 19, 2025. The analyst firm set a price target for $90.00 expecting KMX to rise to within 12 months (a possible 42.47% upside). 47 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 May 19, 2025 so you should expect the next rating to be made available sometime around May 19, 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 $63.17, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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