CarMax

KMX

Market cap $9.06B

Overview Fund Activity

59.13 USD

-1.22

2.02%

At close Updated Sep 17, 4:00 PM EDT

Pre-market

After hours

59.25

+0.12

0.2%

1 day

-2.02%

5 days

-0.2%

1 month

1.16%

3 months

-8.23%

6 months

-17.73%

Year to date

-27.2%

1 year

-25.52%

5 years

-42.59%

10 years

-4.57%

About: CarMax sells, finances, and services used and new cars through a chain of around 250 used retail stores. It was formed in 1993 as a unit of Circuit City and spun off into an independent company in late 2002. Used-vehicle sales were 83% of fiscal 2025 revenue and wholesale about 17%, with the remaining portion composed of extended service plans and repair. In fiscal 2025, the company retailed and wholesaled 789,050 and 544,312 used vehicles, respectively. CarMax is the largest used-vehicle retailer in the US but still estimates that it had only about 3.7% US market share of vehicles 0-10 years old in calendar 2024. It seeks over 5% share. CarMax is based in Richmond, Virginia.

Employees: 30,048

Consumer Discretionary Auto & Truck Dealerships

0

Funds holding %

of 7,463 funds

0

Analysts bullish %

of 10 analysts

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

70% more call options, than puts

Call options by funds: $184M | Put options by funds: $108M

4.66% more ownership

Funds ownership: 101.82% [Q1] → 106.48% (+4.66%) [Q2]

5% less repeat investments, than reductions

Existing positions increased: 259 | Existing positions reduced: 272

8% less first-time investments, than exits

New positions opened: 105 | Existing positions closed: 114

3% less funds holding

Funds holding: 743 [Q1] → 723 (-20) [Q2]

12% less capital invested

Capital invested by funds: $12.2B [Q1] → $10.7B (-$1.45B) [Q2]

41% less funds holding in top 10

Funds holding in top 10: 22 [Q1] → 13 (-9) [Q2]

See Fund Rankings

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$58

2% downside

Avg. target

$78

32% upside

High target

$92

56% upside

10 analyst ratings

7 positive

70%

3 neutral

30%

0 negative

0%

Wedbush Scott Devitt	$84	Outperform Reiterated	19 Aug 2025
Stephens & Co. Jeff Lick	$81	Overweight Reiterated	19 Aug 2025
Evercore ISI Group Michael Montani	$80	Outperform Maintained	12 Aug 2025
JP Morgan Rajat Gupta	$58	Neutral Upgraded	6 Aug 2025
Benchmark Mike Albanese	$75	Buy Initiated	17 Jul 2025
Mizuho David Bellinger	$78	Neutral Maintained	3 Jul 2025
Morgan Stanley Daniela Haigian	$80	Overweight Assumed	1 Jul 2025
Truist Securities Scot Ciccarelli	$74	Hold Maintained	23 Jun 2025
RBC Capital Steven Shemesh	$81	Outperform Maintained	23 Jun 2025
Needham Chris Pierce	$92	Buy Reiterated	23 Jun 2025

See Analyst Rankings

Financial journalist opinion

Based on 4 articles about KMX published over the past 30 days

CarMax Announces Second Quarter Conference Call

RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) will report its financial results for the second quarter ended August 31, 2025 before the market opens on September 25, 2025, and it will host a conference call with investors at 9:00 a.m. ET to discuss these results. Participants on the call will include Bill Nash, president and CEO, Enrique Mayor-Mora, executive vice president, CFO and Jon Daniels, executive vice president, CarMax Auto Finance. The live conference call can be accessed by.

CarMax Announces Second Quarter Conference Call

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30 Stocks That Could Rally 30% or More

CarMax is Shaping the Future of Car Shopping with New “Wanna Drive?” Brand Positioning and Tagline

With its Omni-Channel Experience, CarMax Puts the Customer in the Driver's Seat With its Omni-Channel Experience, CarMax Puts the Customer in the Driver's Seat

The Motley Fool

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3 Stocks Down Over 30% That Look Like Buys

CNBC Television

Auto part retailers are best positioned for retail earnings, says Oppenheimer's Brian Nagel

Brian Nagel, Oppenheimer senior equity research analyst, joins 'The Exchange' to discuss the top tariff defense plays in retail and his expectations for earnings.

Auto part retailers are best positioned for retail earnings, says Oppenheimer's Brian Nagel

CNBC Television

Final Trades: Uber, IBM, Alexandria Real Estate and Carmax

The Investment Committee give you their top stocks to watch for the second half.

Final Trades: Uber, IBM, Alexandria Real Estate and Carmax

CarMax Could Be A Used Car Lot Value Buy

Tariffs on new cars are driving up prices, boosting demand and prices for used vehicles, which benefits CarMax's core business. CarMax is attractively valued with solid revenue growth, but faces significant risks from its large auto loan portfolio and rising delinquencies. Despite recent stock declines and credit quality concerns, I rate KMX a buy, but recommend only moderate investment due to high risk.

CarMax Could Be A Used Car Lot Value Buy

CarMax: Solid Execution, But I Still Have Lingering Concerns (Rating Upgrade To Hold)

I am upgrading CarMax from sell to hold after strong 1Q26 results and impressive retail growth, despite a tough macro environment. Management's execution on pricing and inventory, especially the Value Max program, drove robust sales across both budget and premium segments. Credit quality in the CarMax Auto Finance segment remains a concern, with elevated loan loss provisions and declining financing penetration posing earnings headwinds.

CarMax: Solid Execution, But I Still Have Lingering Concerns (Rating Upgrade To Hold)

Buy, Sell Or Hold CarMax Stock?

CarMax (NYSE:KMX) stock surged nearly 6% during trading on Friday. These gains were driven by the company reporting better-than-expected Q1 results, with revenue rising around 6% year-over-year to $7.55 billion, aligning with estimates, while earnings exceeded predictions at $1.38 per share.

Buy, Sell Or Hold CarMax Stock?

CarMax Beat Expectations, But Here's What Could Still Hold It Back

RBC Capital analyst Steven Shemesh maintained CarMax KMX with an Outperform and raised the price target from $80 to $81 on Friday.

CarMax Beat Expectations, But Here's What Could Still Hold It Back

See News Rankings

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