CarMax, Inc. (KMX)
| Market Cap | 5.72B -43.0% |
| Revenue (ttm) | 27.76B -1.6% |
| Net Income | 247.29M -50.6% |
| EPS | 1.68 -47.7% |
| Shares Out | 141.82M |
| PE Ratio | 24.02 |
| Forward PE | 17.45 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,315,018 |
| Open | 39.99 |
| Previous Close | 39.91 |
| Day's Range | 39.52 - 40.43 |
| 52-Week Range | 30.26 - 71.99 |
| Beta | 1.18 |
| Analysts | Hold |
| Price Target | 37.18 (-7.83%) |
| Earnings Date | Jun 22, 2026 |
About KMX
CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles and related products in the United States. The company operates in two segments: CarMax Sales Operations and CarMax Auto Finance. The CarMax Sales Operations segment offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; used vehicle auctions; extended protection plans to customers at the time of sale; and reconditioning and vehicle repair services. The CarMax Auto Fi... [Read more]
Financial Performance
In fiscal year 2026, CarMax's revenue was $27.76 billion, a decrease of -1.60% compared to the previous year's $28.21 billion. Earnings were $247.29 million, a decrease of -50.60%.
Financial StatementsAnalyst Summary
According to 16 analysts, the average rating for KMX stock is "Hold." The 12-month stock price target is $37.18, which is a decrease of -7.83% from the latest price.
News
CarMax management to meet with Oppenheimer
Meeting to be held on April 30 hosted by Oppenheimer.
CarMax price target lowered to $26 from $28 at Barclays
Barclays lowered the firm’s price target on CarMax (KMX) to $26 from $28 and keeps an Underweight rating on the shares. The company’s Q4 report shows “some early signs of
CarMax resumed with an Underperform at BofA
BofA resumed coverage of CarMax (KMX) with an Underperform rating and $40 price target after the company reported Q4 sales of $5.96B, down 1% year-over-year but above the Street at
CarMax price target raised to $41 from $37 at RBC Capital
RBC Capital raised the firm’s price target on CarMax (KMX) to $41 from $37 and keeps a Sector Perform rating on the shares. The company’s Q4 results were largely in
CarMax price target raised to $35 from $28 at JPMorgan
JPMorgan raised the firm’s price target on CarMax (KMX) to $35 from $28 and keeps an Underweight rating on the shares. The firm sees support for the shares from peak
CarMax Bets on Tech to Streamline Used Car Buying Journey
Using technology to streamline the buying and selling of cars is on the agenda at CarMax, as the used car retailer prepares a new strategic plan under the leadership of a new CEO.
Tuesday's Morning Movers: ORCL & BE Extend Partnership, KMX & JNJ Earnings
Oracle's (ORCL) rebound rally continues after extending a partnership with Bloom energy (BE). Diane King Hall explains why the headline offers a bullish catalyst for both companies.
CarMax Earnings Call Transcript: Q4 2026
Q4 FY26 saw sales of $5.9B (down 1% YoY), with improved sales trends from price cuts and digital enhancements. Net loss per share was $0.85, impacted by goodwill impairment and restructuring. FY27 guidance includes further margin pressure, cost reductions, and a focus on affordability.
KMX Earnings: CarMax Slides 6% as Price Cuts Lead to Q4 Loss
Shares in CarMax ($KMX) slumped 6% in pre-market trading after the vehicle retailer slid to a Q4 loss following cut prices to boost demand. However, chief executive Keith Barr, in
CarMax posts quarterly loss on goodwill charge, weak used-car demand
Used car retailer CarMax reported a fourth-quarter loss on Tuesday, hurt by a goodwill impairment charge and shrinking margins from used vehicles.
Earnings CarMax: KMX Stock Plunges 6% as Price Cuts Fail to Boost Q4 Sales
Shares in CarMax ($KMX) slumped 6% in pre-market trading after the vehicle retailer posted a drop in Q4 sales and a profit slump as it cut prices to boost demand.
CarMax Swings to Loss After Cutting Prices to Bring Back Shoppers
CarMax swung to a loss as it implements a turnaround strategy that has included price cuts to reestablish its place in the used-car market.
Options Volatility and Implied Earnings Moves Today, April 14, 2026
Today, several major companies are expected to report earnings: BlackRock (BLK), CarMax (KMX), Citigroup (C), JPMorgan Chase (JPM), Johnson & Johnson (JNJ), Wells Fargo (WFC), Albertsons Companies (AC...
CarMax reports Q4 retail and wholesale unit sales of 303,969, an 0.7% increase
Retail used unit sales decreased 0.8% and comparable store used unit sales declined 1.9%; gross profit per retail used unit of $2,115 declined from last year’s record fourth quarter by
CarMax reports Q4 adjusted EPS 34c, consensus 23c
Reports Q4 revenue $5.95B, consensus $5.71B. “We are moving with urgency to improve execution, drive efficiencies, and sharpen our customer offering,” said Keith Barr, President and Chief Executive Of...
CarMax plans to open four new stores in FY27
“For fiscal 2027, we are planning to open four new stores, two stand-alone reconditioning/auction centers, and two stand-alone auction facilities. We expect capital expenditures of approximately $400 ...
CarMax Reports Fourth Quarter and Fiscal Year 2026 Results
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) today reported results for the fourth quarter and fiscal year ended February 28, 2026. Fourth Quarter Highlights:(1) Keith Barr appointed Presid...
CarMax Will Add Two Board Members After Talks With Activist Investor Starboard
The move comes after Starboard urged the used-car retailer's new chief executive officer, Keith Barr, to revamp its pricing framework, streamline its digital processes, and cut costs.
CarMax Announces William Cobb and Jim Kessler to Join the Board
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE: KMX) (“CarMax” or the “Company”), the nation's largest retailer of used cars, today announced that it intends to add William “Bill” Cobb and Jim Kes...
CarMax Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of CarMax, Inc. - KMX
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced...
CarMax Announces Fourth Quarter Conference Call
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) will report its financial results for the fourth quarter ended February 28, 2026 before the market opens on April 14, 2026, and it will host a c...
An Important Investor Has an Idea for CarMax: Charge Less for Used Cars
An activist investor has an idea for selling more used cars: charge less for them.
Falling prices steer US buyers toward used electric vehicles
Steep depreciation and improving reliability are drawing more Americans to used electric vehicles, turning the pre-owned market into a key entry point for buyers priced out of new EVs as federal incen...