CarMax Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for CarMax stock have an average target of 40.33, with a low estimate of 28 and a high estimate of 90. The average target predicts a decrease of -4.09% from the current stock price of 42.05.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$28	$40.33	$36	$90
Change	-33.41%	-4.09%	-14.39%	+114.03%

Analyst Ratings

The average analyst rating for CarMax stock from 17 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	2	2	0	0	0	0
Buy	6	4	2	2	2	2
Hold	6	8	12	12	12	12
Sell	0	0	2	3	3	3
Strong Sell	0	0	0	0	0	0
Total	14	14	16	17	17	17

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Craig Kennison Baird	Baird	Buy Maintains $44 → $48	Buy	Maintains	$44 → $48	+14.15%	Feb 18, 2026
Michael Montani Evercore ISI Group	Evercore ISI Group	Hold Maintains $40 → $42	Hold	Maintains	$40 → $42	-0.12%	Feb 10, 2026
Michael Montani Evercore ISI Group	Evercore ISI Group	Hold Maintains $38 → $40	Hold	Maintains	$38 → $40	-4.88%	Feb 3, 2026
John Babcock Barclays	Barclays	Sell Maintains $24 → $28	Sell	Maintains	$24 → $28	-33.41%	Jan 21, 2026
John Babcock Barclays	Barclays	Sell Maintains $28 → $24	Sell	Maintains	$28 → $24	-42.93%	Dec 19, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

25.75B

from 28.21B

-8.72%

from 28.21B

Revenue Next Year

25.93B

from 25.75B

0.69%

from 25.75B

EPS This Year

2.67

from 3.21

-16.70%

from 3.21

EPS Next Year

2.52

from 2.67

-5.68%

from 2.67

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Feb 28, 2021	Feb 28, 2022	Feb 28, 2023	Feb 29, 2024	Feb 28, 2025	Feb 28, 2026	Feb 28, 2027
Revenue	20.09B	33.20B	31.13B	28.21B	28.21B	25.75B	25.93B
Revenue Growth	-6.22%	65.23%	-6.24%	-9.36%	-0.02%	-8.72%	0.69%
EPS	4.52	6.97	3.03	3.02	3.21	2.67	2.52
EPS Growth	-15.20%	54.20%	-56.53%	-0.33%	6.29%	-16.70%	-5.68%
Forward PE	-	-	-	-	-	15.73	16.67
No. Analysts	-	-	-	-	-	22	22

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	27.1B	27.9B
Avg	25.7B	25.9B
Low	23.8B	24.3B

Revenue Growth

Revenue Growth	2026	2027
High	-3.8%	8.4%
Avg	-8.7%	0.7%
Low	-15.8%	-5.8%

EPS Forecast

EPS	2026	2027
High	3.02	3.48
Avg	2.67	2.52
Low	2.25	1.47

EPS Growth

EPS Growth	2026	2027
High	-5.8%	30.0%
Avg	-16.7%	-5.7%
Low	-29.8%	-44.8%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.