CarMax (KMX) – Investment Analysts’ Weekly Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of CarMax (NYSE: KMX) in the last few weeks:

• 11/4/2026 – CarMax was given a new $50.00 price target by Mizuho.
• 10/31/2026 – CarMax was downgraded by Wall Street Zen from “buy” to “hold”.
• 10/30/2026 – CarMax was upgraded by Weiss Ratings from “sell (d+)” to “hold (c-)”.
• 10/16/2026 – CarMax had its “sell (d+)” rating reaffirmed by Weiss Ratings.
• 10/15/2026 – CarMax was given a new $65.00 price target by UBS Group.
• 10/15/2026 – CarMax was upgraded by Zacks Research from “hold” to “strong-buy”.
• 10/15/2026 – CarMax was upgraded by Bank of America from “underperform” to “buy”. They now have a $65.00 price target on the stock, up from $50.00.
• 10/10/2026 – CarMax was upgraded by Wall Street Zen from “hold” to “buy”.
• 9/30/2026 – CarMax had its price target raised by Morgan Stanley from $47.00 to $53.00. They now have an “equal weight” rating on the stock.
• 9/30/2026 – CarMax had its price target raised by Truist Financial from $50.00 to $60.00. They now have a “hold” rating on the stock.
• 9/30/2026 – CarMax had its price target raised by UBS Group from $57.00 to $62.00. They now have a “neutral” rating on the stock.
• 9/30/2026 – CarMax had its price target raised by Barclays from $61.00 to $67.00. They now have an “equal weight” rating on the stock.
• 9/30/2026 – CarMax had its price target raised by Bank of America from $45.00 to $50.00. They now have an “underperform” rating on the stock.
• 9/30/2026 – CarMax had its price target raised by Robert W. Baird from $64.00 to $70.00. They now have an “outperform” rating on the stock.
• 9/30/2026 – CarMax had its price target raised by Royal Bank Of Canada from $45.00 to $56.00. They now have a “sector perform” rating on the stock.
• 9/30/2026 – CarMax had its “strong sell” rating reaffirmed by BNP Paribas Exane. They now have a $48.00 price target on the stock, up from $33.00.
• 9/25/2026 – CarMax had its price target raised by Stephens from $66.00 to $74.00. They now have an “overweight” rating on the stock.
• 9/23/2026 – CarMax had its price target raised by Morgan Stanley from $44.00 to $47.00. They now have a “cautious” rating on the stock.
• 9/23/2026 – CarMax had its price target raised by Morgan Stanley from $44.00 to $47.00. They now have an “equal weight” rating on the stock.
• 9/18/2026 – CarMax had its price target raised by JPMorgan Chase & Co. from $60.00 to $70.00. They now have a “neutral” rating on the stock.
• 9/16/2026 – CarMax was downgraded by Zacks Research from “strong-buy” to “hold”.

CarMax Stock Up 1.3%

Shares of NYSE:KMX opened at $54.09 on Wednesday. The firm has a market capitalization of $7.68 billion, a PE ratio of 26.39, a price-to-earnings-growth ratio of 1.56 and a beta of 1.22. CarMax, Inc. has a 1 year low of $30.26 and a 1 year high of $65.28. The company has a debt-to-equity ratio of 2.66, a current ratio of 2.33 and a quick ratio of 0.57. The firm’s 50-day moving average is $56.79 and its two-hundred day moving average is $49.55.

CarMax (NYSE:KMX) last posted its quarterly earnings data on Tuesday, September 29th. The company reported $1.16 EPS for the quarter, beating the consensus estimate of $0.73 by $0.43. CarMax had a net margin of 1.06% and a return on equity of 7.76%. The business had revenue of $7.88 billion during the quarter, compared to analyst estimates of $7.09 billion. During the same quarter last year, the firm posted $0.64 earnings per share. The business’s revenue for the quarter was up 19.5% compared to the same quarter last year. Analysts predict that CarMax, Inc. will post 3.15 EPS for the current year.

CarMax, Inc is a specialty retailer of used vehicles and operates one of the largest used-car sales networks in the United States. The company sells a broad selection of pre-owned cars, trucks and SUVs through its retail stores and online platform, offering customers tools for vehicle search, appraisal, financing and purchase.

CarMax also operates a vehicle appraisal and acquisition business, buying vehicles from consumers and other sources for resale through its retail or wholesale channels.