Key Highlights:
- CarMax (KMX, Financial) reports a 6% increase in total sales for Q1 2026, reaching $7.5 billion.
- Retail unit sales surged by 9%, boosting earnings per share by 42% to $1.38.
- Analysts predict a potential upside of 21.81% with an average price target of $82.79.
CarMax (KMX) has delivered an impressive financial performance in the first quarter of 2026. The company reported total sales of $7.5 billion, marking a significant 6% increase compared to the previous year. Notably, retail unit sales climbed by 9%, which played a crucial role in achieving record-breaking gross profits per used unit. This remarkable growth resulted in a 42% rise in earnings per share, now standing at $1.38.
Analyst Price Targets and Recommendations
Wall Street analysts have offered their insights into CarMax Inc (KMX, Financial), providing one-year price targets from 14 analysts. The average target price is $82.79, with estimates ranging from a high of $105.00 to a low of $55.00. This average target suggests a potential upside of 21.81% from the current trading price of $67.97. For a more detailed look at these estimates, visit the CarMax Inc (KMX) Forecast page.
Furthermore, the consensus recommendation from 19 brokerage firms positions CarMax Inc (KMX, Financial) with an average brokerage recommendation of 2.2. This indicates an "Outperform" status on a scale where 1 is a Strong Buy and 5 is a Sell.
Evaluating CarMax's GF Value
According to GuruFocus estimates, the anticipated GF Value for CarMax Inc (KMX, Financial) in one year is $78.80, pointing to a potential upside of 15.93% from its current price of $67.97. The GF Value is GuruFocus' assessment of the stock's fair trading value based on historical multiples, past business growth, and future performance estimates. For more comprehensive data, please visit the CarMax Inc (KMX) Summary page.
