CarMax (KMX) Stock Forecast & Price Target

$54.94 -0.31 (-0.56%)

Closing price 08/8/2025 03:59 PM Eastern

Extended Trading

$55.14 +0.21 (+0.37%)

As of 08/8/2025 07:39 PM Eastern

CarMax - Analysts' Recommendations and Stock Price Forecast (2025)

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.

Consensus Rating

Moderate Buy

Based on 14 Analyst Ratings

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

$83.08
51.23% Upside

According to the 14 analysts' twelve-month price targets for CarMax, the average price target is $83.08. 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 51.23% from the current price of $54.94.

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KMX Analyst Ratings Over Time

Type	Current Forecast 8/9/24 to 8/9/25	1 Month Ago 7/10/24 to 7/10/25	3 Months Ago 5/11/24 to 5/11/25	1 Year Ago 8/10/23 to 8/9/24
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)	8 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	$83.08	$84.45	$87.73	$76.25
Forecasted Upside	51.23% Upside	26.24% Upside	32.34% Upside	0.74% Upside
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.

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.

CarMax Stock vs. The Competition

Type	CarMax	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	2.71	2.53	2.53
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	51.23% Upside	63.51% Upside	13.84% Upside
News Sentiment Rating	Positive News See Recent KMX News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

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Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/6/2025	JPMorgan Chase & Co. 3 of 5 stars	Rajat Gupta Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Underweight ➝ Neutral	$65.00 ➝ $58.00	+3.35%
7/17/2025	Benchmark 3 of 5 stars	Mike Albanese Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$75.00	+20.26%
7/3/2025	Mizuho 3 of 5 stars	David Bellinger Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$80.00 ➝ $78.00	+9.00%
7/1/2025	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Daniela Haigian Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Overweight	$80.00	+18.94%
6/23/2025	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Scot Ciccarelli Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Hold ➝ Hold	$72.00 ➝ $74.00	+12.74%
6/23/2025	Royal Bank Of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Shemesh Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$80.00 ➝ $81.00	+23.62%
6/23/2025	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating	Chris Pierce Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Buy	$92.00	+33.99%
6/18/2025	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Devitt Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform	$90.00	+39.00%
5/28/2025	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Montani Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$85.00 ➝ $84.00	+31.91%
4/11/2025	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating	Craig Kennison Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$95.00 ➝ $90.00	+35.06%
Get the Latest News and Ratings for KMX and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for CarMax and its competitors with MarketBeat's FREE daily newsletter.
4/10/2025	Cfra Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	G. Nelson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
3/26/2025	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Imbro Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Equal Weight ➝ Overweight	$86.00 ➝ $90.00	+21.13%
10/4/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$105.00 ➝ $105.00	+44.01%
9/27/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Bottiglieri Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong Sell
6/25/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Corridore Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
2/29/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underperform ➝ 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 Saturday at 02:46 AM 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 $83.08, with a high forecast of $105.00 and a low forecast of $58.00.
: 14 Wall Street 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 analysts is that investors should "moderate buy" KMX shares.
: According to analysts, CarMax's stock has a predicted upside of 51.23% 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, Truist Financial, and Wedbush in the past 90 days.
: Analysts like CarMax more than other "retail/wholesale" companies. The consensus rating score for CarMax is 2.71 while the average consensus rating score for "retail/wholesale" companies is 2.53. Learn more on how KMX compares to other companies.

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This page (NYSE:KMX) was last updated on 8/9/2025 by MarketBeat.com Staff

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CarMax (KMX) Stock Forecast & Price Target