CarMax Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for CarMax stock have an average target of 46.33, with a low estimate of 36 and a high estimate of 66. The average target predicts a decrease of -12.19% from the current stock price of 52.76.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$36	$46.33	$45	$66
Change	-31.77%	-12.19%	-14.71%	+25.09%

Analyst Ratings

The average analyst rating for CarMax stock from 19 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	2	2	2	2	2	3
Buy	0	0	0	0	0	0
Hold	14	14	14	14	14	12
Sell	4	4	3	4	4	4
Strong Sell	0	0	0	0	0	0
Total	20	20	19	20	20	19

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
John Babcock Barclays	Barclays	Sell Maintains $37	Sell	Maintains	$37	-29.87%	Jun 26, 2026
Rajat Gupta CFA J.P. Morgan	J.P. Morgan	Sell Maintains $38	Sell	Maintains	$38	-27.98%	Jun 23, 2026
Andrew Percoco Morgan Stanley	Morgan Stanley	Hold Reiterates $35 → $44	Hold	Reiterates	$35 → $44	-16.60%	Jun 23, 2026
Joseph Spak UBS	UBS	Hold Reiterates $42 → $57	Hold	Reiterates	$42 → $57	+8.04%	Jun 23, 2026
Scot Ciccarelli Truist Financial	Truist Financial	Hold Maintains $50	Hold	Maintains	$50	-5.23%	Jun 23, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

26.98B

from 27.76B

-2.77%

from 27.76B

Revenue Next Year

27.57B

from 26.98B

2.18%

from 26.98B

EPS This Year

2.66

from 2.91

-8.50%

from 2.91

EPS Next Year

3.02

from 2.66

13.50%

from 2.66

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 29, 2028
Revenue	33.20B	31.13B	28.21B	28.21B	27.76B	26.98B	27.57B
Revenue Growth	65.23%	-6.24%	-9.36%	-0.02%	-1.60%	-2.77%	2.18%
EPS	6.97	3.03	3.02	3.21	1.68	2.70	3.07
EPS Growth	54.20%	-56.53%	-0.33%	6.29%	-47.69%	60.67%	13.76%
Forward PE	-	-	-	-	-	19.55	17.19
No. Analysts	-	-	-	-	-	17	15

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

Revenue Forecast

Revenue	2027	2028
High	27.8B	29.1B
Avg	27.0B	27.6B
Low	26.1B	26.7B

Revenue Growth

Revenue Growth	2027	2028
High	0.2%	7.9%
Avg	-2.8%	2.2%
Low	-6.1%	-1.2%

EPS Forecast

EPS	2027	2028
High	2.82	3.40
Avg	2.66	3.02
Low	2.46	2.55

EPS Growth

EPS Growth	2027	2028
High	-3.1%	27.7%
Avg	-8.5%	13.5%
Low	-15.5%	-4.2%

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.