NYSE:KMX - CarMax Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $123.50
  • Forecasted Upside: 9.14 %
  • Number of Analysts: 14
  • Breakdown:
  • 2 Sell Ratings
  • 3 Hold Ratings
  • 9 Buy Ratings
  • 0 Strong Buy Ratings
$113.16
▼ -2.76 (-2.38%)
1 month | 3 months | 12 months
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Analyst Price Target for KMX

Average Price Target: $123.50
▲ +9.14% Upside Potential
This price target is based on 14 analysts offering 12 month price targets for CarMax in the last 3 months. The average price target is $123.50, with a high forecast of $165.00 and a low forecast of $73.00. The average price target represents a 9.14% upside from the last price of $113.16.

Buy

The current consensus among 14 contributing investment analysts is to buy stock in CarMax. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 10 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/28/2019
  • 0 strong buy ratings
  • 11 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/27/2020
  • 1 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 0 sell ratings
6/25/2020
  • 1 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 0 sell ratings
9/23/2020
  • 1 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 2 sell ratings
12/22/2020
  • 1 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 2 sell ratings
3/22/2021
  • 0 strong buy ratings
  • 9 buy ratings
  • 3 hold ratings
  • 2 sell ratings
5/21/2021
  • 0 strong buy ratings
  • 9 buy ratings
  • 3 hold ratings
  • 2 sell ratings
6/20/2021

Latest Recommendations

  • 0 strong buy ratings
  • 9 buy ratings
  • 3 hold ratings
  • 2 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/25/2021WedbushReiterated RatingOutperform ➝ Neutral$155.00 ➝ $130.00Low
5/19/2021WedbushDowngradeOutperform ➝ Neutral$155.00 ➝ $130.00Medium
4/9/2021OppenheimerBoost Price TargetOutperform$130.00 ➝ $153.00Medium
4/5/2021Royal Bank of CanadaBoost Price TargetOutperform$140.00 ➝ $148.00High
4/5/2021StephensBoost Price TargetOverweight$130.00 ➝ $154.00High
4/5/2021Robert W. BairdBoost Price TargetOutperform$110.00 ➝ $130.00High
3/31/2021Seaport Global SecuritiesDowngradeBuy ➝ NeutralMedium
2/17/2021WedbushBoost Price TargetOutperform$120.00 ➝ $140.00Low
1/19/2021Northcoast ResearchUpgradeNeutral ➝ Buy$130.00High
12/28/2020ArgusBoost Price Target$105.00 ➝ $110.00N/A
12/23/2020Morgan StanleyLower Price TargetOverweight$165.00N/A
12/23/2020OppenheimerInitiated CoverageBuy$130.00N/A
12/9/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$115.00Medium
11/17/2020Bank of AmericaLower Price TargetBuy$130.00 ➝ $121.00Low
10/19/2020Seaport Global SecuritiesInitiated CoverageBuy$113.00 ➝ $113.00Low
10/16/2020WedbushReiterated RatingOutperformLow
10/15/2020Bank of AmericaLower Price TargetBuy$135.00 ➝ $130.00Medium
10/5/2020Exane BNP ParibasInitiated CoverageUnderperform$73.00Low
10/5/2020BNP ParibasInitiated CoverageUnderperform$73.00Low
9/25/2020Robert W. BairdBoost Price TargetOutperform$100.00 ➝ $110.00Low
9/24/2020OppenheimerReiterated RatingBuy$130.00Medium
9/23/2020Bank of AmericaBoost Price TargetBuy$130.00 ➝ $135.00High
9/22/2020Royal Bank of CanadaBoost Price Target$100.00 ➝ $110.00High
8/18/2020WedbushBoost Price TargetOutperform$100.00 ➝ $120.00Medium
8/12/2020GuggenheimBoost Price TargetPositive ➝ Buy$106.00 ➝ $114.00Medium
7/2/2020OppenheimerBoost Price TargetOutperform$87.00 ➝ $108.00Low
6/23/2020ArgusBoost Price TargetBuy$75.00 ➝ $105.00High
6/22/2020Royal Bank of CanadaBoost Price TargetOutperform$80.00 ➝ $100.00Low
6/22/2020StephensBoost Price TargetOverweight$82.00 ➝ $103.00High
6/22/2020Morgan StanleyBoost Price TargetOverweight$89.00 ➝ $116.00High
6/19/2020OppenheimerInitiated CoverageBuy$87.00High
6/16/2020WedbushBoost Price TargetPositive ➝ Outperform$90.00 ➝ $100.00Low
6/1/2020JPMorgan Chase & Co.Initiated CoverageOverweight ➝ Overweight$105.00Medium
5/12/2020WedbushUpgradeNeutral ➝ Outperform$70.00 ➝ $90.00High
4/24/2020OppenheimerInitiated CoverageBuy$87.00High
4/14/2020WedbushBoost Price TargetNeutral$53.00 ➝ $70.00Medium
4/3/2020OppenheimerLower Price TargetOutperform$118.00 ➝ $87.00Low
4/3/2020Royal Bank of CanadaLower Price TargetOutperform$62.00 ➝ $58.00Low
4/3/2020WedbushLower Price TargetSell ➝ Neutral$90.00 ➝ $53.00Low
4/3/2020StephensLower Price TargetOverweight$115.00 ➝ $82.00Low
4/3/2020Credit Suisse GroupLower Price TargetOutperform$100.00 ➝ $76.00High
4/2/2020CfraLower Price TargetStrong-Buy$115.00 ➝ $75.00High
3/30/2020Morgan StanleyLower Price TargetOverweight$112.00 ➝ $82.00Low
2/6/2020Evercore ISIInitiated CoverageOutperformLow
1/2/2020StephensReiterated RatingBuy$115.00Medium
12/26/2019ArgusBoost Price TargetBuy$100.00 ➝ $110.00Low
12/24/2019Credit Suisse GroupBoost Price TargetOutperform$95.00 ➝ $100.00Low
12/23/2019Morgan StanleyBoost Price TargetOverweight$107.00 ➝ $112.00High
12/23/2019WedbushReiterated RatingSell ➝ Neutral$80.00 ➝ $90.00High
12/18/2019Royal Bank of CanadaBoost Price TargetOutperform$105.00 ➝ $108.00Low
12/18/2019Buckingham ResearchBoost Price TargetNeutral$96.00 ➝ $102.00Medium
12/16/2019OppenheimerBoost Price TargetOutperform$100.00 ➝ $118.00High
12/6/2019William BlairReiterated RatingBuyLow
12/4/2019Morgan StanleyBoost Price TargetOverweight$97.00 ➝ $107.00Low
11/18/2019WedbushBoost Price TargetNeutral$80.00 ➝ $98.00Low
10/3/2019WedbushReiterated RatingNeutralLow
9/25/2019GuggenheimBoost Price TargetBuy$95.00 ➝ $100.00Low
9/25/2019WedbushReiterated RatingNeutral$80.00Low
9/25/2019Buckingham ResearchBoost Price TargetNeutral$94.00 ➝ $96.00Low
9/25/2019StephensBoost Price TargetOverweight$95.00 ➝ $103.00Low
9/3/2019Morgan StanleyLower Price TargetOverweight$99.00 ➝ $97.00Low
6/28/2019ArgusInitiated CoverageBuy ➝ Buy$100.00Low
6/28/2019Northcoast ResearchDowngradeBuy ➝ Neutral$86.50Low
6/24/2019Bank of AmericaBoost Price Target$95.00 ➝ $112.00Low
6/24/2019GuggenheimBoost Price TargetBuy ➝ Outperform$87.00 ➝ $95.00Low
6/24/2019Robert W. BairdBoost Price TargetOutperform$80.00 ➝ $99.00High
6/24/2019WedbushBoost Price TargetNeutral ➝ Average$65.00 ➝ $80.00High
6/24/2019Buckingham ResearchDowngradeBuy ➝ Neutral$81.00 ➝ $94.00High
6/19/2019Royal Bank of CanadaBoost Price TargetOutperform$86.00 ➝ $92.00Low
6/17/2019Credit Suisse GroupSet Price TargetOutperform$84.00 ➝ $90.00Low
6/14/2019OppenheimerBoost Price TargetOutperform$88.00 ➝ $100.00Low
5/17/2019WedbushReiterated RatingNeutralLow
4/17/2019Morgan StanleyBoost Price TargetOverweight ➝ Overweight$89.00 ➝ $93.00Medium
4/17/2019Credit Suisse GroupBoost Price TargetOutperform ➝ Outperform$75.00 ➝ $84.00High
4/1/2019Buckingham ResearchBoost Price TargetBuy ➝ Buy$76.00 ➝ $81.00Medium
4/1/2019StephensUpgradeEqual Weight ➝ Overweight$83.00 ➝ $93.00Low
1/18/2019WedbushDowngradeOutperform ➝ Neutral$70.00 ➝ $60.00High
1/7/2019Buckingham ResearchUpgradeNeutral ➝ BuyHigh
1/2/2019WedbushSet Price TargetBuy$70.00Low
12/24/2018GuggenheimUpgradeNeutral ➝ BuyLow
12/24/2018WedbushLower Price TargetOutperform$87.00 ➝ $70.00Low
12/20/2018OppenheimerReiterated RatingBuyLow
12/19/2018Royal Bank of CanadaLower Price TargetOutperform$67.00High
12/14/2018WedbushSet Price TargetBuy$87.00Medium
10/2/2018Wolfe ResearchInitiated CoverageUnderperform ➝ Peer PerformLow
9/27/2018WedbushSet Price TargetBuy$87.00Low
9/27/2018Robert W. BairdUpgradeNeutral ➝ OutperformHigh
8/29/2018Morgan StanleySet Price TargetBuy$89.00Low
8/16/2018WedbushReiterated RatingOutperform$85.00Low
7/10/2018Morgan StanleyUpgradeUnderweight ➝ OverweightMedium
6/28/2018Northcoast ResearchReiterated RatingBuy$85.00Low
6/25/2018Credit Suisse GroupBoost Price TargetOutperform$81.00 ➝ $87.00Low
6/25/2018Robert W. BairdBoost Price TargetNeutral ➝ Neutral$80.00 ➝ $90.00Low
6/25/2018Buckingham ResearchDowngradeBuy ➝ Neutral$75.00 ➝ $84.00Medium
6/25/2018WedbushBoost Price TargetOutperform ➝ Outperform$75.00 ➝ $85.00Medium
6/25/2018GuggenheimDowngradeBuy ➝ Neutral$72.00Medium
6/6/2018GabelliInitiated CoverageBuy$95.00Medium
5/29/2018WedbushSet Price TargetBuy$75.00Medium
4/16/2018GuggenheimInitiated CoverageBuy$72.00Low
4/6/2018Credit Suisse GroupLower Price TargetOutperform ➝ Outperform$78.00 ➝ $76.00Low
4/5/2018Bank of AmericaLower Price TargetBuy ➝ Buy$104.00 ➝ $98.00Low
4/5/2018Buckingham ResearchUpgradeNeutral ➝ Buy$75.00Medium
4/5/2018Deutsche Bank AktiengesellschaftLower Price TargetHold ➝ Hold$76.00 ➝ $63.00Low
4/2/2018WedbushLower Price TargetOutperform$75.00 ➝ $61.94High
3/27/2018William BlairReiterated RatingOutperformMedium
3/16/2018WedbushSet Price TargetBuy$75.00Medium
3/13/2018Credit Suisse GroupSet Price TargetBuy$78.00Low
1/26/2018Credit Suisse GroupLower Price TargetOutperform$83.00 ➝ $71.54Low
1/18/2018OppenheimerUpgradeMarket Perform ➝ Outperform$80.00 ➝ $88.00Low
1/18/2018Wood & CompanyUpgradeMarket Perform ➝ Outperform$80.00 ➝ $88.00Low
1/18/2018UBS GroupUpgradeMarket Perform ➝ OutperformLow
1/10/2018WedbushReiterated RatingOutperform$81.00Low
1/8/2018Berenberg BankUpgradeHold ➝ Buy$83.00Medium
1/1/2018Susquehanna BancsharesSet Price TargetHold$68.00Medium
12/28/2017WedbushSet Price TargetBuy$81.00Low
12/26/2017Susquehanna BancsharesSet Price TargetHold$68.00Low
12/25/2017Credit Suisse GroupUpgradeBuy$83.00Low
12/22/2017WedbushReiterated RatingOutperform ➝ Outperform$81.00Low
12/14/2017Northcoast ResearchUpgradeNeutral ➝ BuyLow
12/6/2017OppenheimerReiterated RatingHold$80.00Medium
12/4/2017Moffett NathansonInitiated CoverageNeutralLow
11/26/2017Deutsche Bank AktiengesellschaftLower Price TargetBuy ➝ Hold$84.00 ➝ $76.00Low
11/17/2017Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold$76.00N/A
10/5/2017CIBCReiterated RatingOutperform ➝ Market PerformN/A
10/5/2017OppenheimerDowngradeOutperform ➝ Market Perform$80.00N/A
10/5/2017UBS GroupDowngradeOutperform ➝ Market PerformN/A
10/4/2017Berenberg BankInitiated CoverageHold ➝ Hold$83.00Low
9/29/2017Credit Suisse GroupBoost Price TargetOutperform$75.00 ➝ $83.00Low
9/26/2017Susquehanna BancsharesReiterated RatingNeutral$66.00 ➝ $75.00Low
9/25/2017Deutsche Bank AktiengesellschaftReiterated RatingBuy$84.00Low
9/25/2017Buckingham ResearchBoost Price TargetNeutral$66.00 ➝ $75.00Low
9/25/2017WedbushReiterated RatingOutperform$77.00 ➝ $81.00Low
9/25/2017Royal Bank of CanadaBoost Price TargetOutperform ➝ Outperform$77.00 ➝ $83.00Medium
9/25/2017The Goldman Sachs GroupDowngradeBuy ➝ Neutral$74.00 ➝ $79.00Medium
9/25/2017CitigroupBoost Price TargetBuy$84.00Medium
9/19/2017CIBCBoost Price TargetOutperform ➝ Outperform$72.00 ➝ $80.00Low
9/19/2017OppenheimerBoost Price TargetOutperform$72.00 ➝ $80.00Low
9/13/2017WedbushReiterated RatingOutperform$73.00 ➝ $77.00Medium
9/1/2017OppenheimerReiterated RatingBuyLow
8/25/2017OppenheimerReiterated RatingBuyMedium
7/11/2017WedbushSet Price TargetBuy$73.00Low
7/4/2017Royal Bank of CanadaReiterated RatingMarket Perform$71.00 ➝ $63.00N/A
7/4/2017Deutsche Bank AktiengesellschaftLower Price TargetBuy$73.00 ➝ $72.00N/A
7/4/2017CIBCReiterated RatingBuyN/A
7/3/2017OppenheimerReiterated RatingBuyLow
6/22/2017Bank of AmericaReiterated RatingBuy$80.00 ➝ $82.00Low
6/22/2017Deutsche Bank AktiengesellschaftReiterated RatingBuy$71.00 ➝ $73.00Low
6/22/2017The Goldman Sachs GroupReiterated RatingBuy$72.00 ➝ $74.00Low
6/22/2017Susquehanna BancsharesReiterated RatingPositive ➝ Neutral$66.00 ➝ $70.00High
6/22/2017UBS GroupDowngradePositive ➝ NeutralN/A
6/22/2017Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$63.00 ➝ $69.00High
6/19/2017OppenheimerSet Price TargetBuy$72.00Medium
5/18/2017OppenheimerReiterated RatingBuyLow
5/18/2017WedbushUpgradeNeutral ➝ Outperform$60.00 ➝ $70.00High
4/21/2017OppenheimerSet Price TargetBuy$72.00Low
4/11/2017OppenheimerReiterated RatingBuyLow
4/10/2017Credit Suisse GroupSet Price TargetBuy$75.00Low
4/8/2017WedbushReiterated RatingHoldLow
4/7/2017Susquehanna BancsharesSet Price TargetBuy$72.00 ➝ $70.00Low
4/7/2017Royal Bank of CanadaLower Price TargetSector Perform$71.00 ➝ $63.00Medium
4/6/2017CIBCReiterated RatingBuyLow
4/6/2017Deutsche Bank AktiengesellschaftLower Price TargetBuy$73.00 ➝ $72.00Low
4/6/2017Royal Bank of CanadaReiterated RatingMarket Perform$71.00 ➝ $63.00High
4/5/2017OppenheimerReiterated RatingBuyHigh
3/27/2017WedbushReiterated RatingNeutral$60.00Low
3/13/2017OppenheimerReiterated RatingOutperform$72.00Low
2/1/2017Morgan StanleyDowngradeEqual Weight ➝ Underweight$48.00N/A
1/18/2017WedbushReiterated RatingNeutralN/A
12/25/2016Credit Suisse GroupSet Price TargetBuy$75.00N/A
12/19/2016WedbushReiterated RatingNeutral$55.00N/A
12/13/2016OppenheimerReiterated RatingOutperform$66.00 ➝ $72.00N/A
11/16/2016WedbushReiterated RatingNeutral$55.00N/A
10/24/2016Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy$66.00 ➝ $68.00N/A
10/21/2016WedbushReiterated RatingNeutral$55.00N/A
10/16/2016OppenheimerReiterated RatingOutperformN/A
9/22/2016Deutsche Bank AktiengesellschaftBoost Price TargetHold$65.00 ➝ $66.00N/A
9/19/2016The Goldman Sachs GroupSet Price TargetBuy$63.00N/A
9/9/2016Buckingham ResearchDowngradeBuy ➝ Neutral$59.00 ➝ $63.00N/A
9/7/2016Robert W. BairdBoost Price TargetNeutral$58.00 ➝ $64.00N/A
8/25/2016Susquehanna BancsharesInitiated CoveragePositive$70.00N/A
8/18/2016WedbushBoost Price TargetNeutral$44.00 ➝ $55.00N/A
7/20/2016WedbushReiterated RatingNeutral$44.00N/A
6/22/2016OppenheimerReiterated RatingBuyN/A
6/22/2016Robert W. BairdReiterated RatingNeutral$60.00 ➝ $58.00N/A
6/21/2016Buckingham ResearchReiterated RatingBuy$60.00N/A
(Data available from 6/20/2016 forward)
CarMax logo
CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. The company operates in two segments, CarMax Sales Operations and CarMax Auto Finance. It offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles; and extended protection plans to customers at the time of sale, as well as sells vehicles that are approximately 10 years old and has more than 100,000 miles through whole auctions. The company also provides reconditioning and vehicle repair services; and financing alternatives for retail customers across a range of credit spectrum through its CarMax Auto Finance and arrangements with various financial institutions. As of February 28, 2021, it operated approximately 220 used car stores and 1 new car franchises. CarMax, Inc. was founded in 1993 and is based in Richmond, Virginia.
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Today's Range

Now: $113.16
Low: $113.05
High: $114.72

50 Day Range

MA: $123.05
Low: $113.16
High: $137.90

52 Week Range

Now: $113.16
Low: $84.70
High: $138.77

Volume

1,702,092 shs

Average Volume

1,214,614 shs

Market Capitalization

$18.46 billion

P/E Ratio

25.09

Dividend Yield

N/A

Beta

1.65

Frequently Asked Questions

What sell-side analysts currently cover shares of CarMax?

The following Wall Street analysts have issued reports on CarMax in the last year: Argus, Bank of America Co., BNP Paribas, Exane BNP Paribas, Guggenheim, JPMorgan Chase & Co., Morgan Stanley, Northcoast Research, Oppenheimer Holdings Inc., Robert W. Baird, Royal Bank of Canada, Seaport Global Securities, Stephens, TheStreet, and Wedbush.
View the latest analyst ratings for KMX.

What is the current price target for CarMax?

14 Wall Street analysts have set twelve-month price targets for CarMax in the last year. Their average twelve-month price target is $123.50, suggesting a possible upside of 9.1%. Morgan Stanley has the highest price target set, predicting KMX will reach $165.00 in the next twelve months. BNP Paribas has the lowest price target set, forecasting a price of $73.00 for CarMax in the next year.
View the latest price targets for KMX.

What is the current consensus analyst rating for CarMax?

CarMax currently has 2 sell ratings, 3 hold ratings and 9 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe KMX will outperform the market and that investors should add to their positions of CarMax.
View the latest ratings for KMX.

What other companies compete with CarMax?

How do I contact CarMax's investor relations team?

CarMax's physical mailing address is 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA, 23238. The company's listed phone number is 804-747-0422 and its investor relations email address is [email protected] The official website for CarMax is www.carmax.com.