CarMax, Inc. (KMX)

CarMax Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for CarMax stock have an average target of 87.36, with a low estimate of 65 and a high estimate of 105. The average target predicts an increase of 27.64% from the current stock price of 68.44.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$65	$87.36	$88	$105
Change	-5.03%	+27.64%	+28.58%	+53.42%

Analyst Ratings

The average analyst rating for CarMax stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25	May '25
Strong Buy	1	1	1	1	1	1
Buy	5	5	5	6	6	6
Hold	4	4	4	3	3	3
Sell	2	2	2	1	1	1
Strong Sell	0	0	0	0	0	0
Total	12	12	12	11	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Seth Basham Wedbush	Wedbush	Buy Maintains $90	Buy	Maintains	$90	+31.50%	Apr 21, 2025
Seth Basham Wedbush	Wedbush	Buy Reiterates $90	Buy	Reiterates	$90	+31.50%	Apr 16, 2025
Steven Shemesh RBC Capital	RBC Capital	Buy Maintains $103 → $80	Buy	Maintains	$103 → $80	+16.89%	Apr 11, 2025
Seth Basham Wedbush	Wedbush	Buy Maintains $100 → $90	Buy	Maintains	$100 → $90	+31.50%	Apr 11, 2025
Craig Kennison Baird	Baird	Buy Maintains $95 → $90	Buy	Maintains	$95 → $90	+31.50%	Apr 11, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

27.78B

Decreased by -1.51%

from 28.21B

Revenue Next Year

29.22B

Increased by 5.19%

from 27.78B

EPS This Year

3.77

Increased by 17.39%

from 3.21

EPS Next Year

4.44

Increased by 17.81%

from 3.77

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	FY 2028
Period Ending	Feb 28, 2021	Feb 28, 2022	Feb 28, 2023	Feb 29, 2024	Feb 28, 2025	Feb 28, 2026	Feb 28, 2027	Feb 28, 2028
Revenue	20.09B	33.20B	31.13B	28.21B	28.21B	27.78B	29.22B	31.15B
Revenue Growth	-6.22%	65.23%	-6.24%	-9.36%	-0.02%	-1.51%	5.19%	6.58%
EPS	4.52	6.97	3.03	3.02	3.21	3.77	4.44	5.32
EPS Growth	-15.20%	54.20%	-56.53%	-0.33%	6.29%	17.39%	17.81%	19.90%
Forward PE	-	-	-	-	-	18.16	15.42	12.86
No. Analysts	-	-	-	-	-	21	19	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028	2029
High	29.6B	31.6B	33.8B
Avg	27.8B	29.2B	31.1B
Low	26.1B	26.8B	29.0B

Revenue Growth

Revenue Growth	2026	2027	2028	2029
High	4.9%	13.8%	15.6%
Avg	-1.5%	5.2%	6.6%
Low	-7.4%	-3.7%	-0.7%

EPS Forecast

EPS	2026	2027	2028	2029
High	4.20	5.62	7.79
Avg	3.77	4.44	5.32
Low	2.89	3.20	3.93

EPS Growth

EPS Growth	2026	2027	2028	2029
High	30.8%	49.1%	75.5%
Avg	17.4%	17.8%	19.9%
Low	-9.9%	-15.0%	-11.5%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.