CarMax, Inc.

CarMax, Inc.

KMXยทNYSE

$46.03

-1.9%
Consumer CyclicalAuto - Dealerships

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.

At a Glance

Live Snapshot
Market Cap$6.53B
EPS1.6800
P/E Ratio27.40
Earnings Date06/17/2026
kmx

CarMax, Inc. Street Expectations Map

KMX ยท NYSE

Wall Street analysts project that KMX stock may decline over the coming 12 months. The consensus 1-year price target stands at 38.20, with estimates ranging from a low of 26.00 to a high of 48.00.

Lowest Target
26.00
-43.52%
Consensus Target
38.20
-17.02%
Highest Target
48.00
4.27%

The consensus 1-year price target stands at 38.20, with estimates ranging from a low of 26.00 to a high of 48.00.

Analyst Consensus Analysis

Upside Potential

-17.0%

Significant downside risk. Stock trading well above analyst consensus suggests elevated valuation concerns and potential correction.

Analyst Agreement

57.6% spread

Mixed analyst views. Wide target range suggests differing opinions on key value drivers, growth prospects, or risk factors.

Risk-Reward Profile

0.10x

Unfavorable risk-reward. Downside risk exceeds upside potential. Consider defensive positioning or alternative opportunities.

Analyst Conviction

Low

Bearish or uncertain outlook. Limited upside or poor consensus suggests challenges ahead or fundamental concerns.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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CarMax, Inc. Forward Estimates of Revenue

KMX ยท NYSE
Latest Revenue
25.88B
FY 2026
Avg Estimate
25.59B
FY 2027
Estimate Range
24.67B - 26.56B
Analyst Spread

Forward Growth Analysis

Projected Growth-1.1%

Declining expectations indicate headwindsโ€”investigate whether temporary or structural issues.

Analyst Coverage14 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread7%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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CarMax, Inc. Forward Estimates of Net Income

KMX ยท NYSE
Latest Net Income
247.29M
FY 2026
Avg Estimate
427.04M
FY 2027
Estimate Range
282.15M - 622.10M
Analyst Spread

Forward Growth Analysis

Projected Growth+72.7%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage14 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread80%

Wide estimate range reveals significant forecast uncertainty and potential volatility.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

High forecast uncertainty: Wide estimate range indicates analysts struggling to predict outcomesโ€”suggests elevated risk and potential volatility.

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CarMax, Inc. Forward Estimates of EPS

KMX ยท NYSE
Latest EPS
1.68
FY 2026
Avg Estimate
$2.81
FY 2027
Estimate Range
$1.81 - $3.99
Analyst Spread

Forward Growth Analysis

Projected Growth+67.5%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage14 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread77%

Wide estimate range reveals significant forecast uncertainty and potential volatility.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

High forecast uncertainty: Wide estimate range indicates analysts struggling to predict outcomesโ€”suggests elevated risk and potential volatility.

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CarMax, Inc. Forward Estimates of EBIT

KMX ยท NYSE
Latest EBIT
1.26B
FY 2026
Avg Estimate
1.00B
FY 2027
Estimate Range
966.29M - 1.04B
Analyst Spread

Forward Growth Analysis

Projected Growth-20.7%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage14 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread7%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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CarMax, Inc. Forward Estimates of EBITDA

KMX ยท NYSE
Latest EBITDA
1.61B
FY 2026
Avg Estimate
1.27B
FY 2027
Estimate Range
1.22B - 1.32B
Analyst Spread

Forward Growth Analysis

Projected Growth-21.2%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage14 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread7%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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CarMax, Inc. Forward Estimates of SG&A Expense

KMX ยท NYSE
Latest SG&A Expense
2.53B
FY 2026
Avg Estimate
2.22B
FY 2027
Estimate Range
2.14B - 2.30B
Analyst Spread

Forward Growth Analysis

Projected Growth-12.4%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage14 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread7%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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CarMax, Inc. Insider Positioning

KMX ยท NYSE

During the last 12 months, insiders have purchased $591K and sold $109K worth of KMX shares, resulting in $482K of net buying activity.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

12.8K

590.95K

Sold

0

0.00

Net Activity

+591K

+$591K

9-12 Months

Bought

0

0.00

Sold

1.5K

108.78K

Net Activity

-109K

-$109K

Top Buyers

1
OMF

Oneil Mark F

Director

10.8K sharesโ€ข1 transactions

$500K

2
SMD

Steenrod Mitchell D

Director

2.0K sharesโ€ข1 transactions

$91K

Top Sellers

1
DJG

Daniels Jon G

Officer: Evp, Caf

1.5K sharesโ€ข1 transactions

$109K

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $482K net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

5.43:1

Exceptional buy/sell ratio. Buying dramatically outweighs sellingโ€”one of the strongest possible insider signals.

Insider Participation

Moderate Buying

2 insider buyers vs. 1 sellers. More insiders buying than selling indicates positive sentiment.

Insider Activity Insight

Compelling insider conviction: The combination of strong buy/sell ratio and multiple buyers suggests insiders see attractive risk/reward. Consider this alongside fundamental analysis for confirmation.