CarMax Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for CarMax stock have an average target of 44.58, with a low estimate of 28 and a high estimate of 90. The average target predicts an increase of 14.84% from the current stock price of 38.82.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$28	$44.58	$40	$90
Change	-27.87%	+14.84%	+3.04%	+131.84%

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	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	2	2	2	3	1	1
Buy	7	8	6	4	2	2
Hold	3	3	6	8	12	12
Sell	1	0	0	0	2	2
Strong Sell	0	0	0	0	0	0
Total	13	13	14	15	17	17

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Scott Devitt Wedbush	Wedbush	Hold Reiterates $40	Hold	Reiterates	$40	+3.04%	Nov 18, 2025
John Babcock Barclays	Barclays	Sell Initiates $28	Sell	Initiates	$28	-27.87%	Nov 12, 2025
Daniela Haigian Morgan Stanley	Morgan Stanley	Buy → Hold Downgrades $56 → $35	Buy → Hold	Downgrades	$56 → $35	-9.84%	Nov 10, 2025
Steven Shemesh RBC Capital	RBC Capital	Buy → Hold Downgrades $59 → $34	Buy → Hold	Downgrades	$59 → $34	-12.42%	Nov 7, 2025
Scot Ciccarelli Truist Securities	Truist Securities	Hold Maintains $47 → $35	Hold	Maintains	$47 → $35	-9.84%	Nov 7, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

25.70B

from 28.21B

-8.88%

from 28.21B

Revenue Next Year

25.88B

from 25.70B

0.69%

from 25.70B

EPS This Year

2.77

from 3.21

-13.67%

from 3.21

EPS Next Year

2.95

from 2.77

6.45%

from 2.77

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	25.70B	25.88B
Revenue Growth	-6.22%	65.23%	-6.24%	-9.36%	-0.02%	-8.88%	0.69%
EPS	4.52	6.97	3.03	3.02	3.21	2.77	2.95
EPS Growth	-15.20%	54.20%	-56.53%	-0.33%	6.29%	-13.67%	6.45%
Forward PE	-	-	-	-	-	14.01	13.16
No. Analysts	-	-	-	-	-	22	22

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

Revenue Forecast

Revenue	2026	2027
High	27.7B	28.6B
Avg	25.7B	25.9B
Low	24.5B	23.9B

Revenue Growth

Revenue Growth	2026	2027
High	-1.9%	11.3%
Avg	-8.9%	0.7%
Low	-13.3%	-6.9%

EPS Forecast

EPS	2026	2027
High	3.72	3.99
Avg	2.77	2.95
Low	2.25	1.71

EPS Growth

EPS Growth	2026	2027
High	16.0%	44.0%
Avg	-13.7%	6.5%
Low	-29.8%	-38.3%

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.