CarMax, Inc.

Report azionario NYSE:KMX

Capitalizzazione di mercato: US$5.6b

CarMax Performance degli utili passati

Criteri Il passato verificati 0/6

Gli utili di CarMax sono diminuiti a un tasso medio annuo di -23.5%, mentre il settore Specialty Retail ha visto gli utili diminuire a un tasso medio annuo di 2.8%. I ricavi sono cresciuti diminuire a un tasso medio annuo di 0.3%. Il ritorno sul capitale proprio di CarMax è 4.2% e ha margini netti di 0.9%.

Informazioni chiave

-23.53%

Tasso di crescita degli utili

-21.95%

Tasso di crescita dell'EPS

Specialty Retail Crescita del settore26.64%
Tasso di crescita dei ricavi-0.31%
Rendimento del capitale proprio4.20%
Margine netto0.89%
Prossimo aggiornamento sugli utili17 Jun 2026

Aggiornamenti sulle prestazioni recenti

Recent updates

Aggiornamento dell'analisi • May 01

KMX: Starboard Turnaround Push And New Leadership Will Drive Re Rating Potential

The updated analyst price target on CarMax reflects a modest reset, with a roughly $2 swing in recent targets as analysts factor in softer revenue growth assumptions, lower profit margins, and a higher future P/E multiple based on the latest research updates. Analyst Commentary Recent Street research on CarMax shows a mix of views, with several bullish analysts lifting price targets while others stay more cautious on the shares.
Aggiornamento dell'analisi • Apr 17

KMX: Starboard Turnaround Push And AI Rollout Will Drive Re Rating Potential

Analysts have adjusted the CarMax fair value estimate upward by about $1.73 to $77.89, reflecting updated assumptions around revenue trends, profit margins, and future P/E expectations following a mix of recent target changes across the Street. Analyst Commentary Recent Street research on CarMax shows a mix of views, with several bullish analysts adjusting price targets upward while a few take a more cautious stance.
Seeking Alpha • Apr 14

CarMax: Patience Can Be Rewarded After Cautious 2027 Guidance

Summary CarMax, Inc. remains a Buy in the low $40s, with a fair value of ~$50, offering 15%+ upside despite near-term headwinds. KMX faces margin compression from weak used car pricing, higher loan loss provisions, and a strategic shift toward Tier 2 borrowers in its financing arm. Cost-cutting initiatives, paused buybacks, and conservative guidance position KMX for improved cash flow and potential EPS recovery in fiscal 2028. New KMX management and activist involvement (Starboard) are expected to drive technology focus, operational efficiency, and future growth. Read the full article on Seeking Alpha
Aggiornamento dell'analisi • Apr 02

KMX: Activist Demands And Execution Risks Will Limit Future Share Returns

Analysts have lifted their price targets on CarMax by mid single digit dollar amounts, citing refreshed models following the recent investor meeting and updated views on the company's earnings power, as reflected in slightly adjusted revenue growth, profit margin and future P/E assumptions. Analyst Commentary Recent Street research around CarMax has centered on refreshed models following the investor meeting, with several firms revising their price targets by mid single digit dollar amounts.
Aggiornamento dell'analisi • Mar 19

KMX: Activist Pressure And Execution Risks Will Restrain Future Share Returns

Analysts have nudged CarMax price targets higher, with recent moves such as Evercore ISI raising its target to $39 from $37 and Baird moving to $48 from $44, reflecting updated views on the company following its investor meeting and other research updates. Analyst Commentary Recent research updates on CarMax show a mix of support and caution.
Aggiornamento dell'analisi • Mar 05

KMX: Refreshed Investor Day Plan And AI Initiatives Will Drive Re Rating Potential

Narrative Update on CarMax Analysts have lifted their price target for CarMax by $4 to $48, citing refreshed models after the recent investor meeting, improved revenue growth and profit margin assumptions, and a lower expected future P/E multiple in their updated views. Analyst Commentary Recent Street research reflects a more constructive tone on CarMax, with several bullish analysts lifting their price targets after reviewing the latest investor meeting materials and updating their models.
Aggiornamento dell'analisi • Feb 18

KMX: Refreshed Investor Day Framework Will Drive Re Rating Potential

Analysts have raised their CarMax price targets, with recent updates moving one estimate to $48 from $44 and others higher by $2 to $4. They cited refreshed models following the company’s investor meeting and modestly adjusted expectations for fair value, discount rate, revenue growth, profit margin, and future P/E.
Aggiornamento dell'analisi • Feb 04

KMX: Mixed Sector Backdrop And Weaker Margins Will Pressure Future Returns

Narrative Update Analysts have lifted their price targets on CarMax by a few dollars, citing mixed sector fundamentals, questions around the company’s direction, and lower assumptions for fair value, revenue growth, margins, and future P/E, which together support a more conservative but still constructive outlook. Analyst Commentary Street research around CarMax has centered on how the business fits into a mixed auto retail sector, with some firms taking a cautious stance even as they fine tune price targets.
Aggiornamento dell'analisi • Jan 21

KMX: Digital Auction Execution Will Drive Re Rating Potential Despite Sector Caution

The analyst price target for CarMax has been cut from about US$114 to roughly US$75, with analysts citing a reduced revenue growth outlook, a lower assumed future P/E multiple, and ongoing uncertainty around the company’s strategy. Analyst Commentary Recent research coverage highlights that views on CarMax are cautious overall, but there are still a few angles that more optimistic investors might focus on.
Articolo di analisi • Jan 18

CarMax, Inc. (NYSE:KMX) Soars 27% But It's A Story Of Risk Vs Reward

CarMax, Inc. ( NYSE:KMX ) shares have had a really impressive month, gaining 27% after a shaky period beforehand...
Aggiornamento dell'analisi • Jan 06

KMX: Future Returns Will Hinge On Credit Risk And Execution Clarity

Narrative Update: CarMax Analyst Price Target Shift Analysts have reduced their average CarMax price target by $32, from $78 to $46. This reflects fresh concerns around the company's strategy and credit risk, even as they point to mixed but resilient sector fundamentals and updated earnings guidance.
Aggiornamento dell'analisi • Dec 20

KMX: Future Returns Will Depend On Credit Normalization Amid Execution Concerns

Analysts have trimmed their CarMax fair value estimate by about $1.50 per share to roughly $38, reflecting a series of reduced Street price targets in the $40s and $50s as concerns mount over slowing unit growth, weaker margins, and uncertainty around the company’s strategic execution. Analyst Commentary Street research on CarMax has shifted decisively toward caution, but views are not uniformly negative.
Aggiornamento dell'analisi • Dec 06

KMX: Future Recovery Will Hinge On Loan Loss And Credit Normalization

Analysts have trimmed their CarMax price target slightly, reflecting a modest reset in fair value to about $40 per share as they factor in weaker unit trends, persistent credit headwinds, and increased uncertainty around the company’s strategic execution. Analyst Commentary Research coverage around CarMax has tilted more cautious in recent weeks, with multiple firms cutting price targets and downgrading ratings as they recalibrate expectations for growth, margins, and credit performance.
Aggiornamento dell'analisi • Nov 22

KMX: Recovery Will Depend On Resolution Of Loan Loss Headwinds

CarMax's analyst price target has been reduced significantly from approximately $55 to $40 per share, as analysts cite weaker revenue growth, margin compression, and persistent headwinds in retail trends and credit quality. Analyst Commentary Recent analyst coverage on CarMax reflects a divided outlook in the wake of disappointing financial results and evolving market dynamics.
Articolo di analisi • Nov 18

Not Many Are Piling Into CarMax, Inc. (NYSE:KMX) Stock Yet As It Plummets 25%

Unfortunately for some shareholders, the CarMax, Inc. ( NYSE:KMX ) share price has dived 25% in the last thirty days...
Aggiornamento dell'analisi • Nov 07

KMX: Future Recovery Will Rely on Easing Loan Loss Pressures

CarMax's analyst price target has been lowered significantly, with the consensus now reflecting a cut of more than $20 per share. Analysts cite continued earnings misses, weaker retail sales, and growing uncertainty around the company’s recovery outlook.
Aggiornamento dell'analisi • Oct 24

Auto Credit Trends And Digital Expansion Will Shape Dealer Reach Ahead

CarMax’s analyst fair value target has been lowered from $57.79 to $55.50. Analysts cite continued softness in earnings, elevated loan losses, and weaker retail sales forecasts following recent quarterly results.
Aggiornamento dell'analisi • Oct 10

Auto Finance And Digital Sales Will Expand Dealer Reach

CarMax's fair value estimate has been revised sharply lower, dropping from $76.93 to $57.79. Analysts point to mounting sales uncertainty, downward earnings revisions, and lack of visible turnaround strategies following weaker-than-expected Q2 results and multiple price target cuts across the Street.
Articolo di analisi • Sep 27

CarMax, Inc. (NYSE:KMX) Might Not Be As Mispriced As It Looks After Plunging 28%

The CarMax, Inc. ( NYSE:KMX ) share price has fared very poorly over the last month, falling by a substantial 28%. The...
Aggiornamento dell'analisi • Sep 26

Auto Finance And Digital Sales Will Expand Dealer Reach

CarMax’s consensus price target has been reduced from $81.44 to $76.93 as weaker-than-expected Q2 results, increased uncertainty around future strategy, and ongoing operating headwinds overshadow cautious optimism regarding operational improvements and growth initiatives. Analyst Commentary Weak Q2 results, including a broad earnings miss and underperformance across key metrics, have raised doubts about CarMax's ability to sustain market leadership and deliver additional growth.
Articolo di analisi • Sep 10

A Look At The Intrinsic Value Of CarMax, Inc. (NYSE:KMX)

Key Insights Using the 2 Stage Free Cash Flow to Equity, CarMax fair value estimate is US$66.00 Current share price of...
Articolo di analisi • Aug 09

Investors Could Be Concerned With CarMax's (NYSE:KMX) Returns On Capital

NYSE:KMX 1 Year Share Price vs Fair Value Explore CarMax's Fair Values from the Community and select yours If you're...
Articolo di analisi • Jun 15

Earnings Tell The Story For CarMax, Inc. (NYSE:KMX)

With a price-to-earnings (or "P/E") ratio of 19.8x CarMax, Inc. ( NYSE:KMX ) may be sending bearish signals at the...
Articolo di analisi • May 25

Why CarMax, Inc. (NYSE:KMX) Could Be Worth Watching

CarMax, Inc. ( NYSE:KMX ), is not the largest company out there, but it saw significant share price movement during...
Seeking Alpha • Mar 28

CarMax: Tariff Benefits Appear Priced In

Summary CarMax shares have declined 12% in the past year due to a stagnant used car market and rising credit losses. President Trump's 25% auto tariffs could indirectly benefit CarMax by increasing used car prices, though this may not boost long-term profitability. Higher used car prices may provide a one-time windfall for CarMax, but affordability issues could reduce sales volumes. Despite potential short-term gains, CarMax stock remains overvalued; I maintain a sell rating, cautious of extrapolating temporary benefits. Read the full article on Seeking Alpha
Seeking Alpha • Jan 22

CarMax: Near-Term Growth Outlook Is Not Great

Summary I recommend a sell rating for CarMax due to affordability challenges and fierce competition, which are significant growth headwinds. KMX faces declining revenues and affordability issues, with average selling prices of used vehicles dropping for eight consecutive quarters. Competition from Carvana is intensifying, with CVNA showing better growth and profitability, putting additional pressure on KMX. Read the full article on Seeking Alpha
Seeking Alpha • Dec 19

CarMax Delivers Despite Lower Car Prices, Lock In Gains

Summary CarMax, Inc.'s fiscal Q2 2025 revenues increased slightly, with a $170 million beat versus consensus, driven by higher volumes despite lower pricing. Comparable store used unit sales rose 4.3%, and total retail used vehicle unit sales increased 5.4%, showing positive momentum. Gross profit increased 10.6% year-over-year, with retail gross profit per used unit flat and wholesale gross profit per unit up $54. CarMax repurchased 1.5 million shares for $114.8 million in Q2, with $2.04 billion remaining for repurchase, supporting a long-term investment thesis. The author has provided multiple winning trades on CarMax and suggests letting some profit run. Read the full article on Seeking Alpha
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Nuova analisi • Sep 29

Revamping Retail Experience And Finance Innovation Fuels Company's Growth Path

The new order processing system and omnichannel retail strategy emphasize operational efficiency and digital sales growth, aiming for increased margins and sales.
Seeking Alpha • Sep 27

CarMax: Still Overvalued Relative To Peers

Summary CarMax lacks competitive advantages and has underperformed the market, with stagnant stock prices, while the S&P 500 gained 30% over the same period. CarMax's Q2 results showed mixed performance, with retail used unit sales up but overall revenue down 4.3% due to a strong decline in wholesale vehicles. KMX's margins and ROIC are significantly lower than its peers, indicating a weaker competitive position and capital allocation. Read the full article on Seeking Alpha
Seeking Alpha • Sep 05

CarMax: Mixed Signs Of Stabilization

Summary CarMax, Inc.'s sales continue to be pressured by a weak automotive sales industry, but the company's focus on gross profit has already started stabilizing the gross margin. The industry outlook remains cloudy regarding used car prices, the consumer sentiment, and interest rates. A fair midterm earnings recovery is still priced into CarMax's stock price. Read the full article on Seeking Alpha
Seeking Alpha • Jun 19

CarMax: Continued Share Loss Should Drive De-Rating

Summary KMX is underperforming the industry and continued share loss should drive de-rating going forward. The industry is facing supply headwinds and it's not looking good for the company as it doesn't have the flexibility to ramp up older cars. KMX is trading at 18.5x FY2 P/E, above the industry mean of 15x, which is too high given the current backdrop. Sell. Read the full article on Seeking Alpha
Seeking Alpha • Apr 11

CarMax: Buy The Q4 Earnings Dip, Here's Why

Summary We last suggested a buy of sub-$70 in CarMax, Inc. in late September 2023, and strong trading gains were had for savvy swing traders. Q4 earnings were mixed, light on profit notably, and long-term targets were pushed back, crushing shares. Repurchases, stabilizing margins, and a return to growth this year suggests paying 20X FWD EPS is compelling. Pick your spots, scale in, and dump CarMax, Inc. stock when you have tangible gains. Read the full article on Seeking Alpha

Ripartizione dei ricavi e delle spese

Come CarMax guadagna e spende denaro. In base agli ultimi utili dichiarati, su base LTM.

Storico di utili e ricavi

NYSE:KMX Ricavi, spese e utili (USD Millions )
DataRicaviUtiliSpese G+ASpese di R&S
28 Feb 2627,7552472,4040
30 Nov 2527,8344582,4530
31 Aug 2528,2805212,4470
31 May 2528,6735582,4560
28 Feb 2528,2075012,4350
30 Nov 2427,7964612,4730
31 Aug 2427,6794182,4570
31 May 2427,6924032,3730
29 Feb 2428,2134792,3540
30 Nov 2328,2484982,2780
31 Aug 2328,5444542,3100
31 May 2329,5564612,4500
28 Feb 2331,1264852,4870
30 Nov 2233,0515762,5350
31 Aug 2235,0378072,5420
31 May 2234,8489672,4420
28 Feb 2233,1971,1512,3250
30 Nov 2130,6331,2012,2260
31 Aug 2127,2491,1672,0580
31 May 2124,5891,1791,9340
28 Feb 2120,0927471,7040
30 Nov 2019,8837521,7230
31 Aug 2019,4786901,7770
31 May 2019,3036271,8160
29 Feb 2021,4248881,7500
30 Nov 1920,7478661,8840
31 Aug 1920,2228831,8090
31 May 1919,7548711,7820
28 Feb 1919,1468421,7300
30 Nov 1818,8807721,7100
31 Aug 1818,6617311,7000
31 May 1818,2536911,6520
28 Feb 1817,9776641,6170
30 Nov 1717,9186951,5940
31 Aug 1717,4886821,5510
31 May 1717,0766631,5120
28 Feb 1716,6376271,4890
30 Nov 1616,2746151,4370
31 Aug 1616,0966071,4180
31 May 1615,9636171,3820
29 Feb 1615,8336231,3520
30 Nov 1515,6196261,3480
31 Aug 1515,4616271,3270
31 May 1515,1566101,3150

Guadagni di qualità: KMX ha un grande una tantum perdita di $191.1M che ha avuto un impatto sui suoi ultimi 12 mesi di risultati finanziari pari a 28th February, 2026.

Margine di profitto in crescita: Gli attuali margini di profitto netti di KMX (0.9%) sono inferiori rispetto allo scorso anno (1.8%).

Flusso di cassa libero e analisi degli utili

Analisi della crescita degli utili nel passato

Andamento degli utili: Gli utili di KMX sono diminuiti del 23.5% all'anno negli ultimi 5 anni.

Accelerare la crescita: KMX ha avuto una crescita negativa degli utili nell'ultimo anno, quindi non può essere confrontata con la sua media quinquennale.

Guadagni vs Settore: KMX ha avuto una crescita negativa degli utili ( -50.6% ) nell'ultimo anno, rendendo difficile il confronto con la media del settore Specialty Retail ( -2.1% ).

Rendimento del capitale proprio

ROE elevato: Il Return on Equity ( 4.2% ) di KMX è considerato basso.

Rendimento delle attività

Rendimento del capitale investito

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Analisi aziendale e situazione dei dati finanziari

DatiUltimo aggiornamento (ora UTC)
Analisi dell'azienda2026/05/07 09:16
Prezzo dell'azione a fine giornata2026/05/07 00:00
Utili2026/02/28
Utili annuali2026/02/28

Fonti dei dati

I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.

PacchettoDatiTempisticaEsempio Fonte USA *
Dati finanziari della società10 anni
  • Conto economico
  • Rendiconto finanziario
  • Bilancio
Stime di consenso degli analisti+3 anni
  • Previsioni finanziarie
  • Obiettivi di prezzo degli analisti
Prezzi di mercato30 anni
  • Prezzi delle azioni
  • Dividendi, scissioni e azioni
Proprietà10 anni
  • Top azionisti
  • Insider trading
Gestione10 anni
  • Team di leadership
  • Consiglio di amministrazione
Sviluppi principali10 anni
  • Annunci aziendali

* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.

Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.

Modello di analisi e Snowflake

I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina Github; abbiamo anche guide su come utilizzare i nostri report e tutorial su Youtube.

Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.

Metriche di settore e industriali

Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.

Fonti analitiche

CarMax, Inc. è coperta da 35 analisti. 17 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.

AnalistaIstituzione
null nullArgus Research Company
Craig KennisonBaird
John BabcockBarclays