On June 23, 2025, RBC Capital analyst Steven Shemesh announced an updated analyst rating for CarMax (KMX, Financial). The firm has decided to maintain its "Outperform" rating on the stock, a position it held previously.
In addition to maintaining the rating, RBC Capital has raised the target price for CarMax (KMX, Financial) from $80.00 to $81.00. This adjustment represents a 1.25% increase from the prior target price, indicating a positive outlook for the company's stock performance.
Investors interested in CarMax (KMX, Financial) should note this update from RBC Capital, highlighting continued confidence in the company's potential in the market. The updated target price of $81.00 suggests expectations for better performance in future trading sessions.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for CarMax Inc (KMX, Financial) is $82.58 with a high estimate of $105.00 and a low estimate of $55.00. The average target implies an upside of 26.08% from the current price of $65.50. More detailed estimate data can be found on the CarMax Inc (KMX) Forecast page.
Based on the consensus recommendation from 19 brokerage firms, CarMax Inc's (KMX, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for CarMax Inc (KMX, Financial) in one year is $78.56, suggesting a upside of 19.94% from the current price of $65.5. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the CarMax Inc (KMX) Summary page.
