• Consensus Rating: Hold
  • Consensus Price Target: $83.80
  • Forecasted Upside: 20.42 %
  • Number of Analysts: 11
  • Breakdown:
  • 1 Sell Ratings
  • 4 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
$69.59
▲ +0.49 (0.71%)

This chart shows the closing price for KMX by one month, three months, or twelve months.

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Analyst Price Target for KMX

Analyst Price Target is $83.80
▲ +20.42% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for CarMax in the last 3 months. The average price target is $83.80, with a high forecast of $130.00 and a low forecast of $60.00. The average price target represents a 20.42% upside from the last price of $69.59.

This chart shows the closing price for KMX for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 11 polled investment analysts is to hold stock in CarMax. This rating has held steady since September 2022, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 3 sell ratings
6/12/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 3 sell ratings
9/10/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 1 sell ratings
12/9/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 4 hold ratings
  • 1 sell ratings
3/9/2022
  • 0 strong buy ratings
  • 7 buy ratings
  • 5 hold ratings
  • 1 sell ratings
6/7/2022
  • 0 strong buy ratings
  • 7 buy ratings
  • 4 hold ratings
  • 1 sell ratings
9/5/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 1 sell ratings
11/4/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 1 sell ratings
12/4/2022

Latest Recommendations

  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/18/2022JPMorgan Chase & Co.Lower TargetNeutral$70.00 ➝ $60.00Low
11/17/2022WedbushLower Target$67.00Low
10/4/2022Morgan StanleyLower TargetOverweight$124.00 ➝ $90.00Low
10/3/2022StephensDowngradeOverweight ➝ Equal Weight$105.00 ➝ $64.00Low
9/30/2022OppenheimerLower TargetOutperform$125.00 ➝ $100.00Low
9/30/2022Evercore ISILower Target$90.00 ➝ $73.00Low
9/30/2022WedbushLower TargetNeutral$105.00 ➝ $70.00Low
9/30/2022Royal Bank of CanadaLower TargetOutperform$108.00 ➝ $72.00Low
9/30/2022Robert W. BairdLower TargetOutperform$120.00 ➝ $82.00Low
9/29/2022StephensLower Target$105.00Low
9/9/2022JPMorgan Chase & Co.Lower TargetNeutral$100.00 ➝ $95.00Low
9/9/2022Bank of AmericaDowngradeNeutral ➝ Underperform$146.00 ➝ $100.00Low
7/14/2022Morgan StanleyLower TargetOverweight$140.00 ➝ $124.00Low
6/27/2022Royal Bank of CanadaBoost TargetOutperform$104.00 ➝ $108.00Low
6/27/2022WedbushBoost TargetNeutral$90.00 ➝ $105.00Low
6/7/2022JPMorgan Chase & Co.Lower Target$110.00 ➝ $105.00High
5/2/2022Needham & Company LLCInitiated CoverageHoldHigh
4/13/2022Royal Bank of CanadaLower TargetOutperform$140.00 ➝ $104.00Medium
4/13/2022WedbushLower Target$95.00 ➝ $90.00Low
4/13/2022Robert W. BairdLower Target$140.00 ➝ $120.00Low
4/13/2022JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$130.00 ➝ $110.00Low
4/8/2022Royal Bank of CanadaReiterated RatingBuy$140.00Low
4/8/2022OppenheimerLower TargetOutperform ➝ Outperform$158.00 ➝ $125.00High
4/6/2022Bank of AmericaDowngradeBuy ➝ Neutral$195.00 ➝ $165.00Medium
4/4/2022Robert W. BairdLower TargetOutperform ➝ Outperform$170.00 ➝ $140.00High
3/11/2022WedbushLower Target$100.00 ➝ $95.00Medium
1/28/2022Citic SecuritiesInitiated CoverageBuy$130.00High
1/27/2022Seaport Res PtnUpgradeNeutral ➝ BuyHigh
1/27/2022Royal Bank of CanadaLower Target$157.00 ➝ $140.00Medium
12/30/2021Robert W. BairdBoost TargetOutperform$150.00 ➝ $170.00Low
12/23/2021Royal Bank of CanadaBoost TargetOutperform$156.00 ➝ $157.00Medium
12/7/2021JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$140.00 ➝ $160.00High
11/16/2021WedbushBoost TargetAverage ➝ Neutral$135.00 ➝ $160.00Low
10/1/2021Morgan StanleyReiterated RatingBuy$165.00High
10/1/2021Wolfe ResearchUpgradeBuy$160.00Medium
10/1/2021GuggenheimDowngradeBuy ➝ NeutralHigh
10/1/2021Royal Bank of CanadaLower TargetOutperform$160.00 ➝ $156.00Low
10/1/2021Robert W. BairdBoost TargetOutperform$140.00 ➝ $150.00Low
9/23/2021WedbushBoost TargetNeutral$130.00 ➝ $150.00Low
7/16/2021Bank of AmericaBoost TargetBuy ➝ Buy$150.00 ➝ $200.00Medium
6/28/2021StephensBoost TargetOverweight$154.00 ➝ $163.00Low
6/28/2021Royal Bank of CanadaBoost TargetOutperform$148.00 ➝ $160.00Low
6/28/2021Robert W. BairdBoost TargetOutperform$125.00 ➝ $140.00Medium
6/28/2021JPMorgan Chase & Co.Boost TargetNeutral$115.00 ➝ $120.00Medium
5/25/2021WedbushReiterated RatingOutperform ➝ Neutral$155.00 ➝ $130.00Low
5/19/2021WedbushDowngradeOutperform ➝ Neutral$155.00 ➝ $130.00Medium
4/9/2021OppenheimerBoost TargetOutperform$130.00 ➝ $153.00Medium
4/5/2021Royal Bank of CanadaBoost TargetOutperform$140.00 ➝ $148.00High
4/5/2021StephensBoost TargetOverweight$130.00 ➝ $154.00High
4/5/2021Robert W. BairdBoost TargetOutperform$110.00 ➝ $130.00High
2/17/2021WedbushBoost TargetOutperform$120.00 ➝ $140.00Low
1/19/2021Northcoast ResearchUpgradeNeutral ➝ Buy$130.00High
12/28/2020ArgusBoost Target$105.00 ➝ $110.00N/A
12/23/2020Morgan StanleyLower 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 TargetBuy$130.00 ➝ $121.00Low
10/16/2020WedbushReiterated RatingOutperformLow
10/15/2020Bank of AmericaLower 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 TargetOutperform$100.00 ➝ $110.00Low
9/24/2020OppenheimerReiterated RatingBuy$130.00Medium
9/23/2020Bank of AmericaBoost TargetBuy$130.00 ➝ $135.00High
9/22/2020Royal Bank of CanadaBoost Target$100.00 ➝ $110.00High
8/18/2020WedbushBoost TargetOutperform$100.00 ➝ $120.00Medium
8/12/2020GuggenheimBoost TargetPositive ➝ Buy$106.00 ➝ $114.00Medium
7/2/2020OppenheimerBoost TargetOutperform$87.00 ➝ $108.00Low
6/23/2020ArgusBoost TargetBuy$75.00 ➝ $105.00High
6/22/2020Royal Bank of CanadaBoost TargetOutperform$80.00 ➝ $100.00Low
6/22/2020StephensBoost TargetOverweight$82.00 ➝ $103.00High
6/22/2020Morgan StanleyBoost TargetOverweight$89.00 ➝ $116.00High
6/19/2020OppenheimerInitiated CoverageBuy$87.00High
6/16/2020WedbushBoost 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 TargetNeutral$53.00 ➝ $70.00Medium
4/3/2020OppenheimerLower TargetOutperform$118.00 ➝ $87.00Low
4/3/2020Royal Bank of CanadaLower TargetOutperform$62.00 ➝ $58.00Low
4/3/2020WedbushLower TargetSell ➝ Neutral$90.00 ➝ $53.00Low
4/3/2020StephensLower TargetOverweight$115.00 ➝ $82.00Low
4/3/2020Credit Suisse GroupLower TargetOutperform$100.00 ➝ $76.00High
4/2/2020CfraLower TargetStrong-Buy$115.00 ➝ $75.00High
3/30/2020Morgan StanleyLower TargetOverweight$112.00 ➝ $82.00Low
2/6/2020Evercore ISIInitiated CoverageOutperformLow
1/2/2020StephensReiterated RatingBuy$115.00Medium
12/26/2019ArgusBoost TargetBuy$100.00 ➝ $110.00Low
12/24/2019Credit Suisse GroupBoost TargetOutperform$95.00 ➝ $100.00Low
12/23/2019Morgan StanleyBoost TargetOverweight$107.00 ➝ $112.00High
12/23/2019WedbushReiterated RatingSell ➝ Neutral$80.00 ➝ $90.00High
12/18/2019Royal Bank of CanadaBoost TargetOutperform$105.00 ➝ $108.00Low
12/18/2019Buckingham ResearchBoost TargetNeutral$96.00 ➝ $102.00Medium
12/16/2019OppenheimerBoost TargetOutperform$100.00 ➝ $118.00High
12/6/2019William BlairReiterated RatingBuyLow
12/4/2019Morgan StanleyBoost TargetOverweight$97.00 ➝ $107.00Low
11/18/2019WedbushBoost TargetNeutral$80.00 ➝ $98.00Low
10/3/2019WedbushReiterated RatingNeutralLow
9/25/2019GuggenheimBoost TargetBuy$95.00 ➝ $100.00Low
9/25/2019WedbushReiterated RatingNeutral$80.00Low
9/25/2019Buckingham ResearchBoost TargetNeutral$94.00 ➝ $96.00Low
9/25/2019StephensBoost TargetOverweight$95.00 ➝ $103.00Low
9/3/2019Morgan StanleyLower TargetOverweight$99.00 ➝ $97.00Low
6/28/2019ArgusInitiated CoverageBuy ➝ Buy$100.00Low
6/28/2019Northcoast ResearchDowngradeBuy ➝ Neutral$86.50Low
6/24/2019Bank of AmericaBoost Target$95.00 ➝ $112.00Low
6/24/2019GuggenheimBoost TargetBuy ➝ Outperform$87.00 ➝ $95.00Low
6/24/2019Robert W. BairdBoost TargetOutperform$80.00 ➝ $99.00High
6/24/2019WedbushBoost TargetNeutral ➝ Average$65.00 ➝ $80.00High
6/24/2019Buckingham ResearchDowngradeBuy ➝ Neutral$81.00 ➝ $94.00High
6/19/2019Royal Bank of CanadaBoost TargetOutperform$86.00 ➝ $92.00Low
6/17/2019Credit Suisse GroupSet TargetOutperform$84.00 ➝ $90.00Low
6/14/2019OppenheimerBoost TargetOutperform$88.00 ➝ $100.00Low
5/17/2019WedbushReiterated RatingNeutralLow
4/17/2019Morgan StanleyBoost TargetOverweight ➝ Overweight$89.00 ➝ $93.00Medium
4/17/2019Credit Suisse GroupBoost TargetOutperform ➝ Outperform$75.00 ➝ $84.00High
4/1/2019Buckingham ResearchBoost 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 TargetBuy$70.00Low
12/24/2018GuggenheimUpgradeNeutral ➝ BuyLow
12/24/2018WedbushLower TargetOutperform$87.00 ➝ $70.00Low
12/20/2018OppenheimerReiterated RatingBuyLow
12/19/2018Royal Bank of CanadaLower TargetOutperform$67.00High
12/14/2018WedbushSet TargetBuy$87.00Medium
10/2/2018Wolfe ResearchInitiated CoverageUnderperform ➝ Peer PerformLow
9/27/2018WedbushSet TargetBuy$87.00Low
9/27/2018Robert W. BairdUpgradeNeutral ➝ OutperformHigh
8/29/2018Morgan StanleySet 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 TargetOutperform$81.00 ➝ $87.00Low
6/25/2018Robert W. BairdBoost TargetNeutral ➝ Neutral$80.00 ➝ $90.00Low
6/25/2018Buckingham ResearchDowngradeBuy ➝ Neutral$75.00 ➝ $84.00Medium
6/25/2018WedbushBoost TargetOutperform ➝ Outperform$75.00 ➝ $85.00Medium
6/25/2018GuggenheimDowngradeBuy ➝ Neutral$72.00Medium
6/6/2018GabelliInitiated CoverageBuy$95.00Medium
5/29/2018WedbushSet TargetBuy$75.00Medium
4/16/2018GuggenheimInitiated CoverageBuy$72.00Low
4/6/2018Credit Suisse GroupLower TargetOutperform ➝ Outperform$78.00 ➝ $76.00Low
4/5/2018Bank of AmericaLower TargetBuy ➝ Buy$104.00 ➝ $98.00Low
4/5/2018Buckingham ResearchUpgradeNeutral ➝ Buy$75.00Medium
4/5/2018Deutsche Bank AktiengesellschaftLower TargetHold ➝ Hold$76.00 ➝ $63.00Low
4/2/2018WedbushLower TargetOutperform$75.00 ➝ $61.94High
3/27/2018William BlairReiterated RatingOutperformMedium
3/16/2018WedbushSet TargetBuy$75.00Medium
3/13/2018Credit Suisse GroupSet TargetBuy$78.00Low
1/26/2018Credit Suisse GroupLower 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 TargetHold$68.00Medium
12/28/2017WedbushSet TargetBuy$81.00Low
12/26/2017Susquehanna BancsharesSet 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
(Data available from 12/5/2017 forward)

News Sentiment Rating

0.51 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 10 very positive mentions
  • 39 positive mentions
  • 6 negative mentions
  • 2 very negative mentions
5/8/2022
  • 2 very positive mentions
  • 10 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
6/7/2022
  • 8 very positive mentions
  • 34 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
7/7/2022
  • 4 very positive mentions
  • 14 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/6/2022
  • 2 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
9/5/2022
  • 9 very positive mentions
  • 39 positive mentions
  • 12 negative mentions
  • 4 very negative mentions
10/5/2022
  • 6 very positive mentions
  • 24 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
11/4/2022
  • 2 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
12/4/2022

Current Sentiment

  • 2 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Very Positive

CarMax logo
CarMax, Inc., together with its subsidiaries, operates as a retailer of used vehicles in the United States. The company operates through 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, as well as hybrid and electric 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 wholesale 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, 2022, it operated approximately 230 used car stores. CarMax, Inc. was founded in 1993 and is based in Richmond, Virginia.
Read More

Today's Range

Now: $69.59
Low: $67.14
High: $69.76

50 Day Range

MA: $65.97
Low: $55.69
High: $86.42

52 Week Range

Now: $69.59
Low: $54.85
High: $152.28

Volume

1,307,400 shs

Average Volume

1,833,067 shs

Market Capitalization

$11.00 billion

P/E Ratio

14.03

Dividend Yield

N/A

Beta

1.43

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: Bank of America Co., Citic Securities, Evercore ISI, JPMorgan Chase & Co., Morgan Stanley, Needham & Company LLC, Oppenheimer Holdings Inc., Robert W. Baird, Royal Bank of Canada, Seaport Res Ptn, Stephens, StockNews.com, TheStreet, and Wedbush.
View the latest analyst ratings for KMX.

What is the current price target for CarMax?

10 Wall Street analysts have set twelve-month price targets for CarMax in the last year. Their average twelve-month price target is $83.80, suggesting a possible upside of 20.4%. Citic Securities has the highest price target set, predicting KMX will reach $130.00 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $60.00 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 1 sell rating, 4 hold ratings and 6 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in KMX, but not buy more shares or sell existing shares.
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. Learn More about contacing CarMax investor relations.