CarMax Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for CarMax stock have an average target of 37.18, with a low estimate of 26 and a high estimate of 48. The average target predicts a decrease of -3.78% from the current stock price of 38.64.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$26	$37.18	$36	$48
Change	-32.71%	-3.78%	-6.83%	+24.22%

Analyst Ratings

The average analyst rating for CarMax stock from 16 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	0	0	0	0	0	0
Buy	2	2	2	2	2	1
Hold	12	12	12	12	12	12
Sell	2	3	3	3	3	3
Strong Sell	0	0	0	0	0	0
Total	16	17	17	17	17	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
John Babcock Barclays	Barclays	Sell Maintains $28 → $26	Sell	Maintains	$28 → $26	-32.71%	Apr 16, 2026
Rajat Gupta JP Morgan	JP Morgan	Sell Maintains $28 → $35	Sell	Maintains	$28 → $35	-9.42%	Apr 15, 2026
Michael Montani Evercore ISI Group	Evercore ISI Group	Hold Maintains $40 → $45	Hold	Maintains	$40 → $45	+16.46%	Apr 10, 2026
Michael Montani Evercore ISI Group	Evercore ISI Group	Hold Maintains $39 → $40	Hold	Maintains	$39 → $40	+3.52%	Apr 7, 2026
Jeff Lick Stephens & Co.	Stephens & Co.	Hold Maintains $39 → $43	Hold	Maintains	$39 → $43	+11.28%	Apr 2, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

26.20B

from 27.76B

-5.60%

from 27.76B

Revenue Next Year

26.68B

from 26.20B

1.82%

from 26.20B

EPS This Year

2.58

from 1.68

53.57%

from 1.68

EPS Next Year

3.08

from 2.58

19.49%

from 2.58

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	FY 2028
Period Ending	Feb 28, 2022	Feb 28, 2023	Feb 29, 2024	Feb 28, 2025	Feb 28, 2026	Feb 28, 2027	Feb 28, 2028
Revenue	33.20B	31.13B	28.21B	28.21B	27.76B	26.20B	26.68B
Revenue Growth	65.23%	-6.24%	-9.36%	-0.02%	-1.60%	-5.60%	1.82%
EPS	6.97	3.03	3.02	3.21	1.68	2.58	3.08
EPS Growth	54.20%	-56.53%	-0.33%	6.29%	-47.69%	53.57%	19.49%
Forward PE	-	-	-	-	-	14.98	12.54
No. Analysts	-	-	-	-	-	21	12

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

Revenue Forecast

Revenue	2027	2028
High	28.0B	29.1B
Avg	26.2B	26.7B
Low	24.6B	24.3B

Revenue Growth

Revenue Growth	2027	2028
High	0.9%	11.1%
Avg	-5.6%	1.8%
Low	-11.3%	-7.4%

EPS Forecast

EPS	2027	2028
High	3.48	6.02
Avg	2.58	3.08
Low	1.47	1.76

EPS Growth

EPS Growth	2027	2028
High	107.0%	133.3%
Avg	53.6%	19.5%
Low	-12.2%	-31.6%

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.