On July 17, 2025, Benchmark, an influential financial services firm, announced the initiation of coverage on CarMax (KMX, Financial) with a "Buy" rating. This development is attracting attention from investors interested in the automotive retail sector.
Analyst Mike Albanese from Benchmark has set a price target of USD 75.00 for CarMax (KMX, Financial). The price target reflects the firm's confidence in CarMax's market positioning and growth potential within the industry.
CarMax (KMX, Financial), a well-known name in the used-car retail space, is under the spotlight following this positive coverage from Benchmark. The "Buy" rating indicates a bullish outlook by the analyst, suggesting that the stock is expected to perform well and potentially offer attractive returns.
Investors will be watching CarMax (KMX, Financial) closely to see how the market responds to Benchmark's assessment and to gauge the company's trajectory in the coming months.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 13 analysts, the average target price for CarMax Inc (KMX, Financial) is $82.47 with a high estimate of $122.13 and a low estimate of $52.00. The average target implies an upside of 32.19% from the current price of $62.39. 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 $77.80, suggesting a upside of 24.7% from the current price of $62.39. 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.
