On June 23, 2025, Needham analyst Chris Pierce reiterated a "Buy" rating for CarMax (KMX, Financial), maintaining the price target at $92.00 USD. This decision indicates confidence in the company's current market position and future prospects.
The maintained price target reflects no change from the previous level, indicating stability in the analyst's outlook for CarMax (KMX, Financial). The continued "Buy" rating suggests that the analyst expects the stock to perform well in the coming months.
Investors looking at CarMax (KMX, Financial) can note that the analyst has shown consistent belief in the company's potential by keeping the rating and target price unchanged.
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 20.43% from the current price of $68.57. 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 $79.10, suggesting a upside of 15.36% from the current price of $68.57. 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.
