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Carmax Inc (KMX)
NYSE:KMX
CarMax (KMX) Stock Forecast & Price Target
1,174 Followers
See the Price Targets and Ratings of:
KMX Analyst Ratings
Moderate Buy
7 Buy
4 Hold
2 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
KMX Stock 12 Month Forecast
Average Price Target
$78.27
▼(-2.17% Downside)
| Highest Price Target$105.00 | Average Price Target$78.27 | Lowest Price Target$50.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Analyst Performance
Any
Analyst Rating
Any
Upside / Downside
Any
Action
Any
Wedbush
Reiterated
07/17/24
Evercore ISI
Reiterated
07/16/24
Morgan Stanley
Reiterated
07/03/24
J.P. Morgan
Reiterated
06/25/24
Truist Financial
Reiterated
06/24/24
Oppenheimer
Reiterated
06/24/24
Argus Research
Reiterated
06/24/24
Needham
Reiterated
06/24/24
Wolfe Research
Reiterated
06/23/24
Bank of America Securities
Reiterated
06/21/24
RBC Capital
$73→$75
Buy
$75.00
(-6.26% Downside)
Reiterated
06/21/24
RBC Capital Reaffirms Their Buy Rating on CarMax (KMX)
Mizuho Securities
$75→$72
Hold
$72.00
(-10.01% Downside)
Reiterated
06/18/24
CarMax Stock (KMX): Mizuho Analyst Lowers Price Target Ahead of Q1 Print - TipRanks.comMizuho Securities analyst cut the price target and EPS estimates for CarMax, ahead of the upcoming Q1 results. The analyst cited high used car prices and a declining market share for the revised estimates.
Seaport Global
$100→$95
Buy
$95.00
(18.74% Upside)
Reiterated
04/22/24
CarMax price target lowered to $95 from $100 at Seaport ResearchCarMax price target lowered to $95 from $100 at Seaport Research
Robert W. Baird
$84
Buy
$84.00
(4.99% Upside)
Reiterated
04/17/24
Analysts Offer Insights on Consumer Cyclical Companies: Bosideng International Holdings (Other OTC: BSDGF), CarMax (NYSE: KMX) and Genting Singapore (Other OTC: GIGNF)
CFRA
$75→$70
Hold
$70.00
(-12.51% Downside)
Reiterated
04/11/24
CarMax (KMX) PT Lowered to $70 at CFRACFRA analyst Garrett Nelson lowered the price target on CarMax (NYSE: KMX) to $70.00 (from $75.00) while maintaining a Hold rating.
Best Analysts Covering CarMax
Which Analyst Should I Follow If I Want to Buy KMX and Sell After:
1 Month
xxx
Success Rate
27/46 ratings generated profit
Average Return
+3.48%
reiterated a xxx
rating 27 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 58.70% of your transactions generating a profit, with an average return of +3.48% per trade.
3 Months
xxx
Success Rate
13/20 ratings generated profit
Average Return
+6.57%
reiterated a xxx
rating 30 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 65.00% of your transactions generating a profit, with an average return of +6.57% per trade.
1 Year
Success Rate
32/46 ratings generated profit
Average Return
+14.96%
reiterated a buy rating 27 days ago
Copying Brian Nagel's trades and holding each position for 1 Year would result in 69.57% of your transactions generating a profit, with an average return of +14.96% per trade.
2 Years
xxx
Success Rate
33/46 ratings generated profit
Average Return
+18.55%
reiterated a xxx
rating 27 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 71.74% of your transactions generating a profit, with an average return of +18.55% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
KMX Analyst Recommendation Trends
Rating
Mar 24
Apr 24
May 24
Jun 24
Jul 24
Strong Buy
0
0
1
1
1
Buy
4
12
14
18
11
Hold
2
7
7
11
7
Sell
1
4
3
6
3
Strong Sell
0
0
0
0
0
total
7
23
25
36
22
Each month's total comprises the sum of three months' worth of ratings.
KMX Financial Forecast
KMX Stock Forecast FAQ
What is KMX’s average 12-month price target, according to analysts?
Based on analyst ratings, Carmax Inc’s 12-month average price target is $78.27.
What is KMX’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for KMX, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is KMX a Buy, Sell or Hold?
Carmax Inc has a consensus rating of Moderate Buy which is based on 7 buy ratings, 4 hold ratings and 2 sell ratings.
What is Carmax Inc’s price target?
The average price target for Carmax Inc is $78.27. This is based on 13 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $105.00 ,the lowest forecast is $50.00. The average price target represents -2.17% Decrease from the current price of $80.01.
The highest analyst price target is $105.00 ,the lowest forecast is $50.00. The average price target represents -2.17% Decrease from the current price of $80.01.
What do analysts say about Carmax Inc?
Carmax Inc’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 13 Wall Streets Analysts.
How can I buy shares of KMX?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.