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CarMax (KMX) Stock Forecast & Price Target

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$61.33 -0.84 (-1.35%)
Closing price 03:59 PM Eastern
Extended Trading
$61.28 -0.06 (-0.09%)
As of 05:33 PM Eastern
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CarMax - Analysts' Recommendations and Stock Price Forecast (2025)

Consensus Rating

Sell
1
Hold
3
Buy
10

Based on 14 Wall Street analysts who have issued ratings for CarMax in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 14 analysts, 1 has given a sell rating, 3 have given a hold rating, 9 have given a buy rating, and 1 has given a strong buy rating for KMX.

Consensus Price Target

$81.50
32.88% Upside
According to the 14 analysts' twelve-month price targets for CarMax, the average price target is $81.50. The highest price target for KMX is $105.00, while the lowest price target for KMX is $58.00. The average price target represents a forecasted upside of 32.88% from the current price of $61.33.
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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KMX Analyst Ratings Over Time

TypeCurrent Forecast
8/29/24 to 8/29/25
1 Month Ago
7/30/24 to 7/30/25
3 Months Ago
5/31/24 to 5/31/25
1 Year Ago
8/30/23 to 8/29/24
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
9 Buy rating(s)
9 Buy rating(s)
7 Buy rating(s)
6 Buy rating(s)
Hold
3 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
5 Hold rating(s)
Sell
1 Sell rating(s)
2 Sell rating(s)
3 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$81.50$83.67$85.82$76.25
Forecasted Upside32.88% Upside44.10% Upside33.20% Upside-10.62% Downside
Consensus Rating
Moderate Buy
Moderate Buy
Hold
Hold

KMX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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KMX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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CarMax Stock vs. The Competition

TypeCarMaxRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.71
2.49
2.53
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside31.46% Upside58.09% Upside9.98% Upside
News Sentiment Rating
Positive News

See Recent KMX News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/19/2025Stephens
4 of 5 stars
Jeff Lick
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Reiterated RatingOverweight ➝ Overweight$81.00+37.62%
8/19/2025Wedbush
4 of 5 stars
Scott Devitt
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Reiterated RatingOutperform ➝ Outperform$84.00+42.72%
8/12/2025Evercore ISI
3 of 5 stars
Michael Montani
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Lower TargetOutperform ➝ Outperform$82.00 ➝ $80.00+43.04%
8/6/2025JPMorgan Chase & Co.
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Rajat Gupta
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UpgradeUnderweight ➝ Neutral$65.00 ➝ $58.00+3.35%
7/17/2025Benchmark
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Mike Albanese
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Initiated CoverageBuy$75.00+20.26%
7/3/2025Mizuho
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David Bellinger
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Lower TargetNeutral ➝ Neutral$80.00 ➝ $78.00+9.00%
7/1/2025Morgan Stanley
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Daniela Haigian
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Initiated CoverageOverweight$80.00+18.94%
6/23/2025Truist Financial
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Scot Ciccarelli
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Boost TargetHold ➝ Hold$72.00 ➝ $74.00+12.74%
6/23/2025Royal Bank Of Canada
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S. Shemesh
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Boost TargetOutperform ➝ Outperform$80.00 ➝ $81.00+23.62%
6/23/2025Needham & Company LLC
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Chris Pierce
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Reiterated RatingBuy ➝ Buy$92.00+33.99%
4/11/2025Robert W. Baird
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Craig Kennison
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Lower TargetOutperform ➝ Outperform$95.00 ➝ $90.00+35.06%
4/10/2025Cfra Research
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G. Nelson
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UpgradeStrong-Buy
10/4/2024Oppenheimer
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 Reiterated RatingOutperform ➝ Outperform$105.00 ➝ $105.00+44.01%
9/27/2024BNP Paribas
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C. Bottiglieri
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UpgradeStrong Sell
6/25/2024Argus
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J. Corridore
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UpgradeHold
2/29/2024Bank of America
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 Boost TargetUnderperform ➝ Underperform$44.00 ➝ $50.00-35.80%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 05:41 PM ET.


KMX Forecast - Frequently Asked Questions

According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for CarMax is $81.50, with a high forecast of $105.00 and a low forecast of $58.00.

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CarMax in the last twelve months. There is currently 1 sell rating, 3 hold ratings, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" KMX shares.

According to analysts, CarMax's stock has a predicted upside of 32.88% based on their 12-month stock forecasts.

Over the previous 90 days, CarMax's stock had 1 upgrade by analysts.

CarMax has been rated by research analysts at Benchmark, Evercore ISI, JPMorgan Chase & Co., Mizuho, Morgan Stanley, Needham & Company LLC, Royal Bank Of Canada, Stephens, Truist Financial, and Wedbush in the past 90 days.

Analysts like CarMax more than other "retail/wholesale" companies. The consensus rating for CarMax is Moderate Buy while the average consensus rating for "retail/wholesale" companies is Hold. Learn more on how KMX compares to other companies.


This page (NYSE:KMX) was last updated on 8/29/2025 by MarketBeat.com Staff
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