CarMax, Inc.

NYSE:KMX Aktierapport

Börsvärde: US$5.7b

CarMax Framtida tillväxt

Future kriterier kontrolleras 3/6

CarMax s intäkter förväntas minska med 0.7% per år medan dess årliga intäkter förväntas växa med 23.3% per år. EPS förväntas tillväxt med 23.5% per år. Avkastningen på eget kapital förväntas bli 7.4% om 3 år.

Viktig information

23.3%

Tillväxttakt i vinsten

23.50%

Tillväxttakt för EPS

Specialty Retail vinsttillväxt9.8%
Intäkternas tillväxttakt-0.7%
Framtida avkastning på eget kapital7.40%
Bevakning av analytiker

Good

Senast uppdaterad01 May 2026

Senaste uppdateringarna om framtida tillväxt

Recent updates

Analysuppdatering • 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.
Analysuppdatering • 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
Analysuppdatering • 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.
Analysuppdatering • 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.
Analysuppdatering • 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.
Analysuppdatering • 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.
Analysuppdatering • 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.
Analysuppdatering • 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.
Analysartikel • 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...
Analysuppdatering • 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.
Analysuppdatering • 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.
Analysuppdatering • 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.
Analysuppdatering • 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.
Analysartikel • 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...
Analysuppdatering • 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.
Analysuppdatering • 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.
Analysuppdatering • 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.
Analysartikel • 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...
Analysuppdatering • 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.
Analysartikel • 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...
Analysartikel • 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...
Analysartikel • 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...
Analysartikel • 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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Ny analys • 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

Prognoser för vinst- och omsättningstillväxt

NYSE:KMX - Analytikernas framtida uppskattningar och tidigare finansiella data (USD Millions )
DatumIntäkterIntäkterFritt kassaflödeKassaflöde från rörelsenGenomsnittligt Antal analytiker
2/28/202926,726495517N/A3
2/29/202826,57641353664415
2/28/202725,98032357844917
2/28/202627,7552471,2431,784N/A
11/30/202527,8344581,9492,484N/A
8/31/202528,2805216851,208N/A
5/31/202528,6735585411,042N/A
2/28/202528,207501157624N/A
11/30/202427,796461338788N/A
8/31/202427,6794185531,021N/A
5/31/202427,69240394526N/A
2/29/202428,213479-7459N/A
11/30/202328,248498-688-230N/A
8/31/202328,544454314743N/A
5/31/202329,556461102567N/A
2/28/202331,1264858611,283N/A
11/30/202233,0515767941,195N/A
8/31/202235,037807-1,060-685N/A
5/31/202234,848967-2,251-1,907N/A
2/28/202233,1971,151-2,858-2,549N/A
11/30/202130,6331,201-2,551-2,283N/A
8/31/202127,2491,167-1,818-1,607N/A
5/31/202124,5891,179-854-694N/A
2/28/202120,092747503668N/A
11/30/202019,883752543750N/A
8/31/202019,478690526779N/A
5/31/202019,303627654970N/A
2/29/202021,424888-569-237N/A
11/30/201920,747866N/A-70N/A
8/31/201920,222883N/A-73N/A
5/31/201919,754871N/A-25N/A
2/28/201919,146842N/A163N/A
11/30/201818,880772N/A227N/A
8/31/201818,661731N/A-51N/A
5/31/201818,253691N/A-41N/A
2/28/201817,977664N/A-81N/A
11/30/201717,918695N/A-312N/A
8/31/201717,488682N/A-341N/A
5/31/201717,076663N/A-351N/A
2/28/201716,637627N/A-455N/A
11/30/201616,274615N/A-103N/A
8/31/201616,096607N/A-97N/A
5/31/201615,963617N/A-179N/A
2/29/201615,833623N/A-117N/A
11/30/201515,619626N/A-565N/A
8/31/201515,461627N/A-616N/A
5/31/201515,156610N/A-641N/A

Analytiker Framtid Tillväxt Prognoser

Intäkter kontra sparande: KMX s prognostiserade vinsttillväxt ( 23.3% per år) är över sparkvoten ( 3.5% ).

Resultat vs marknad: KMX s intäkter ( 23.3% per år) förväntas växa snabbare än marknaden för US ( 16.7% per år).

Höga tillväxtresultat: KMX s intäkter förväntas växa avsevärt under de kommande 3 åren.

Intäkt vs marknad: KMX s intäkter förväntas minska under de kommande 3 åren ( -0.7% per år).

Hög tillväxtintäkter: KMX s intäkter förväntas minska under de kommande 3 åren ( -0.7% per år).

Tillväxtprognoser för vinst per aktie

Framtida avkastning på eget kapital

Framtida ROE: KMX s avkastning på eget kapital förväntas bli låg om 3 år ( 7.4 %).

Upptäck tillväxtföretag

7D

1Y

7D

1Y

7D

1Y

Företagsanalys och finansiella data Status

UppgifterSenast uppdaterad (UTC-tid)
Analys av företag2026/05/11 15:05
Aktiekurs vid dagens slut2026/05/11 00:00
Intäkter2026/02/28
Årlig intjäning2026/02/28

Datakällor

Den data som används i vår företagsanalys kommer från S&P Global Market Intelligence LLC. Följande data används i vår analysmodell för att generera denna rapport. Data är normaliserade vilket kan medföra en fördröjning från det att källan är tillgänglig.

PaketUppgifterTidsramExempel US-källa
Företagets finansiella ställning10 år
  • Resultaträkning
  • Kassaflödesanalys
  • Balansräkning
Analytikernas konsensusuppskattningar+3 år
  • Prognos för finansiella poster
  • Analytikernas prismål
Marknadspriser30 år
  • Aktiekurser
  • Utdelningar, splittar och åtgärder
Ägarskap10 år
  • Största aktieägare
  • Insiderhandel
Förvaltning10 år
  • Ledningsgrupp
  • Styrelse och verkställande direktörer
Viktiga utvecklingstendenser10 år
  • Företagsmeddelanden

* Exempel för amerikanska värdepapper, för icke-amerikanska värdepapper används motsvarande regelverk och källor.

Om inget annat anges är all finansiell data baserad på en årsperiod men uppdateras kvartalsvis. Detta kallas data för efterföljande tolv månader (TTM) eller senaste tolv månader (LTM). Lär dig mer om detta.

Analysmodell och snöflinga

Detaljer om analysmodellen som användes för att skapa den här rapporten finns på vår Github-sida, vi har också guider om hur du använder våra rapporter och tutorials på Youtube.

Lär dig mer om det team i världsklass som utformade och byggde analysmodellen Simply Wall St.

Industri- och sektormått

Våra bransch- och sektionsmått beräknas var sjätte timme av Simply Wall St, detaljer om vår process finns tillgängliga på Github.

Källor för analytiker

CarMax, Inc. bevakas av 35 analytiker. 17 av dessa analytiker lämnade de uppskattningar av intäkter eller resultat som användes som indata till vår rapport. Analytikernas inskickade estimat uppdateras löpande under dagen.

AnalytikerInstitution
null nullArgus Research Company
Craig KennisonBaird
John BabcockBarclays