$68.50
0.59[0.87%]
At close: Apr 19
$68.50
0[0.00%]
After Hours: 6:23PM EDT
CarMax Stock (NYSE:KMX), Analyst Ratings, Price Targets, Predictions
CarMax Inc has a consensus price target of $81.9, established from looking at the 88 latest analyst ratings. The last 3 analyst ratings were released from Wedbush, JP Morgan, and Evercore ISI Group on April 16, 2024, April 15, 2024, and April 12, 2024. With an average price target of $73 between Wedbush, JP Morgan, and Evercore ISI Group, there's an implied 6.57% upside for CarMax Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Wedbush
JP Morgan
Evercore ISI Group
RBC Capital
Mizuho
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/16/2024 | KMX | Buy Now | CarMax | $68.50 | 31.39% | Wedbush | Seth Basham | → $90 | Reiterates | Outperform → Outperform | Get Alert |
| 04/15/2024 | KMX | Buy Now | CarMax | $68.50 | -19.71% | JP Morgan | Rajat Gupta | $60 → $55 | Maintains | Underweight | Get Alert |
| 04/12/2024 | KMX | Buy Now | CarMax | $68.50 | 8.03% | Evercore ISI Group | Michael Montani | $85 → $74 | Maintains | In-Line | Get Alert |
| 04/12/2024 | KMX | Buy Now | CarMax | $68.50 | 6.57% | RBC Capital | Steven Shemesh | $83 → $73 | Maintains | Outperform | Get Alert |
| 04/12/2024 | KMX | Buy Now | CarMax | $68.50 | 9.49% | Mizuho | David Bellinger | $80 → $75 | Maintains | Neutral | Get Alert |
| 04/12/2024 | KMX | Buy Now | CarMax | $68.50 | 5.11% | Truist Securities | Scot Ciccarelli | $75 → $72 | Maintains | Hold | Get Alert |
| 04/12/2024 | KMX | Buy Now | CarMax | $68.50 | 32.85% | Needham | Chris Pierce | $99 → $91 | Maintains | Buy | Get Alert |
| 04/12/2024 | KMX | Buy Now | CarMax | $68.50 | 22.63% | Baird | Craig Kennison | $88 → $84 | Maintains | Outperform | Get Alert |
| 04/09/2024 | KMX | Buy Now | CarMax | $68.50 | 53.28% | Oppenheimer | Brian Nagel | $105 → $105 | Reiterates | Outperform → Outperform | Get Alert |
| 04/08/2024 | KMX | Buy Now | CarMax | $68.50 | 21.17% | RBC Capital | Steven Shemesh | $83 → $83 | Maintains | Outperform | Get Alert |
| 04/02/2024 | KMX | Buy Now | CarMax | $68.50 | 45.99% | Wedbush | Seth Basham | $90 → $100 | Maintains | Outperform | Get Alert |
| 03/26/2024 | KMX | Buy Now | CarMax | $68.50 | 24.09% | Evercore ISI Group | Michael Montani | $78 → $85 | Maintains | In-Line | Get Alert |
| 03/20/2024 | KMX | Buy Now | CarMax | $68.50 | 44.53% | Needham | Chris Pierce | → $99 | Upgrade | Hold → Buy | Get Alert |
| 03/19/2024 | KMX | Buy Now | CarMax | $68.50 | 16.79% | Mizuho | David Bellinger | → $80 | Initiates | → Neutral | Get Alert |
| 02/29/2024 | KMX | Buy Now | CarMax | $68.50 | -27.01% | B of A Securities | John Murphy | $44 → $50 | Maintains | Underperform | Get Alert |
| 02/16/2024 | KMX | Buy Now | CarMax | $68.50 | 31.39% | Wedbush | Seth Basham | → $90 | Reiterates | Outperform → Outperform | Get Alert |
| 01/17/2024 | KMX | Buy Now | CarMax | $68.50 | 31.39% | Wedbush | Seth Basham | → $90 | Reiterates | Outperform → Outperform | Get Alert |
| 12/22/2023 | KMX | Buy Now | CarMax | $68.50 | 9.49% | Truist Securities | Scot Ciccarelli | $72 → $75 | Maintains | Hold | Get Alert |
| 12/22/2023 | KMX | Buy Now | CarMax | $68.50 | 21.17% | RBC Capital | Steven Shemesh | $80 → $83 | Maintains | Outperform | Get Alert |
FAQ
What is the target price for CarMax (KMX)?
The latest price target for CarMax (NYSE: KMX) was reported by Wedbush on April 16, 2024. The analyst firm set a price target for $90.00 expecting KMX to rise to within 12 months (a possible 31.39% upside). 42 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 Wedbush, and CarMax reiterated their outperform rating.
When was the last upgrade for CarMax (KMX)?
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.
When was the last downgrade for CarMax (KMX)?
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.
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 April 16, 2024 so you should expect the next rating to be made available sometime around April 16, 2025.
Is the Analyst Rating CarMax (KMX) correct?
While ratings are subjective and will change, the latest CarMax (KMX) rating was a reiterated with a price target of $0.00 to $90.00. The current price CarMax (KMX) is trading at is $68.50, which is within the analyst’s predicted range.
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