Summary:
- CarMax (KMX, Financial) reports a notable 9% increase in used vehicle sales, boosting shares by 3.72%.
- Analysts set a one-year average price target of $82.58, marking a potential 20.43% upside.
- GuruFocus' estimated GF Value suggests a 15.36% potential increase to $79.10.
CarMax's Fiscal Q1 2026 Performance Overview
CarMax Inc. (KMX) has captured investors' attention as its shares surged by 3.72%. This increase follows the company's fiscal Q1 2026 earnings report, which showcased rising profits and revenues. A significant highlight from the report is the 9% uptick in used vehicle sales, accomplished despite a decline in average vehicle prices. This positive performance stands out particularly against the backdrop of a broader sector downturn influenced by global tensions.
Analyst Price Target Insights
Analysis from 14 Wall Street analysts reveals a bullish sentiment towards CarMax's future performance. The average one-year price target for CarMax (KMX, Financial) is projected at $82.58. This forecast includes a high estimate of $105.00 and a low of $55.00, indicating a potential upside of 20.43% from the current stock price of $68.57. Investors interested in more detailed projections can explore the CarMax Inc (KMX) Forecast page.
Brokerage Firm Recommendations
When examining brokerage firm recommendations, CarMax Inc. receives an average rating of 2.2, which suggests an "Outperform" status. This rating is part of a scale ranging from 1 to 5, where 1 indicates a Strong Buy and 5 represents a Sell. Coverage from 19 brokerage firms collectively supports a positive outlook for KMX shares.
GuruFocus' GF Value Estimation
The GF Value estimates provided by GuruFocus predict that CarMax Inc. could reach a valuation of $79.10 in one year. This estimate suggests an upside potential of 15.36% from the current price of $68.57. The GF Value is derived from historical trading multiples, past business growth, and future performance estimates. For more comprehensive insights, visit the CarMax Inc (KMX, Financial) Summary page.
