CarMax (KMX) Stock Forecast for 2024–2028. Sell or Buy Prediction







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CarMax (KMX) Stock Forecast for 2024–2028. Sell or Buy?

Updated: April 25, 2024 (10:18)

Sector: Consumer cyclical

The share price of CarMax, Inc. (KMX) now

Latest session on the 24th of April for
CarMax, Inc. is positive
Trading Volume: 2882585
Open: 69.44 /  High: 70.78 /  Low: 69.04
What analysts predict: $79.69
52-week High/Low: $88.22 / $59.66

50/200 Day Moving Average: $78.41 / $75.18

This figure corresponds to the Average Price over the previous 50/200 days. For CarMax stocks, the 50-day moving average is the resistance level today.

For CarMax stocks, the 200-day moving average is the resistance level today.

Are you interested in CarMax, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the CarMax stock price in 2024, 2025, 2026, 2027, 2028. How much will one CarMax share be worth in 2024 - 2028?

When should I take profit in CarMax stock? When should I record a loss on CarMax stock? What are analysts' forecasts for CarMax stock? What is the future of CarMax stock? We forecast CarMax stock performance using neural networks based on historical data on CarMax stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

CarMax stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for CarMax shares. This happens once a day.


Historical and forecast chart of CarMax stock

The chart below shows the historical price of CarMax stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the CarMax stock price can be found in the table below.

Long-term forecasts by years.

CarMax, Inc. Is one of the largest sellers of used cars and related products and services in the United States, headquartered in Richmond, Virginia. The company was founded in 1993.

The company’s activities are divided into two business segments:
CarMax Sales Operations – Includes all aspects of automotive merchandising and service. Purchase and sale of used cars, their repair and restoration before sale, as well as the sale of related goods and services. Cars are purchased directly from car owners, as well as through local, regional and online auctions, etc.
CarMax Auto Finance – includes financing activities for customers who purchase a car at retail from CarMax.

CarMax daily forecast for a month

Date Target Pes. Opt. Vol., %
Apr 27 70.43 70.12 71.30 1.69
Apr 28 70.53 70.16 71.20 1.48
Apr 29 69.53 69.10 70.39 1.86
Apr 30 68.62 67.57 69.73 3.20
May 01 69.53 68.42 70.39 2.88
May 02 69.66 68.50 70.26 2.56
May 03 69.43 69.02 70.21 1.73
May 04 69.40 68.62 69.77 1.68
May 05 68.51 67.44 69.13 2.50
May 06 68.10 67.73 68.75 1.50
May 07 68.79 68.31 69.63 1.92
May 08 68.07 67.61 68.87 1.86
May 09 67.94 67.58 68.23 0.95
May 10 68.75 68.35 69.33 1.44
May 11 68.46 67.76 69.08 1.95
May 12 69.30 68.56 69.71 1.68
May 13 70.13 69.04 70.98 2.82
May 14 69.92 68.92 70.51 2.30
May 15 69.67 69.03 70.77 2.52
May 16 68.69 68.33 69.57 1.82
May 17 68.07 67.61 69.07 2.16
May 18 67.96 67.17 69.07 2.83
May 19 68.00 67.24 69.04 2.68
May 20 69.36 68.22 70.13 2.80
May 21 69.52 69.15 70.22 1.54
May 22 68.79 68.45 69.55 1.60
May 23 68.11 67.32 68.62 1.93
May 24 67.02 66.60 68.09 2.24
May 25 67.09 66.74 67.51 1.16
May 26 67.01 66.01 67.99 3.01

CarMax Daily Price Targets


CarMax Stock Forecast 04-27-2024.

Forecast target price for 04-27-2024: $70.43.
Positive dynamics for CarMax shares will prevail with possible volatility of 1.659%.
Pessimistic target level: 70.12
Optimistic target level: 71.30

CarMax Stock Forecast 04-28-2024.

Forecast target price for 04-28-2024: $70.53.
Positive dynamics for CarMax shares will prevail with possible volatility of 1.456%.
Pessimistic target level: 70.16
Optimistic target level: 71.20

CarMax Stock Forecast 04-29-2024.

Forecast target price for 04-29-2024: $69.53.
Negative dynamics for CarMax shares will prevail with possible volatility of 1.825%.
Pessimistic target level: 69.10
Optimistic target level: 70.39

CarMax Stock Forecast 04-30-2024.

Forecast target price for 04-30-2024: $68.62.
Negative dynamics for CarMax shares will prevail with possible volatility of 3.100%.
Pessimistic target level: 67.57
Optimistic target level: 69.73

CarMax Stock Forecast 05-01-2024.

Forecast target price for 05-01-2024: $69.53.
Positive dynamics for CarMax shares will prevail with possible volatility of 2.800%.
Pessimistic target level: 68.42
Optimistic target level: 70.39

CarMax Stock Forecast 05-02-2024.

Forecast target price for 05-02-2024: $69.66.
Positive dynamics for CarMax shares will prevail with possible volatility of 2.499%.
Pessimistic target level: 68.50
Optimistic target level: 70.26

KMX (KMX) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
May. 66.27 63.72 68.90 7.51
Jun. 68.77 66.56 69.71 4.53
Jul. 66.68 64.20 68.88 6.78
Aug. 62.80 61.01 64.55 5.49
Sep. 60.46 59.41 62.52 4.98
Oct. 58.89 57.46 60.79 5.47
Nov. 57.72 55.64 58.90 5.53
Dec. 57.47 54.76 60.14 8.95

CarMax forecast for this year


CarMax Stock Prediction for May 2024

An downtrend is forecast for this month with an optimal target price of $66.2679. Pessimistic: $63.72. Optimistic: $68.90


CarMax Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $68.7742. Pessimistic: $66.56. Optimistic: $69.71


CarMax Stock Prediction for Jul 2024

An downtrend is forecast for this month with an optimal target price of $66.6848. Pessimistic: $64.20. Optimistic: $68.88


CarMax Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $62.7984. Pessimistic: $61.01. Optimistic: $64.55


CarMax Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $60.4623. Pessimistic: $59.41. Optimistic: $62.52


CarMax Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $58.8879. Pessimistic: $57.46. Optimistic: $60.79


CarMax Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $57.7196. Pessimistic: $55.64. Optimistic: $58.90


CarMax Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $57.4691. Pessimistic: $54.76. Optimistic: $60.14



CarMax (KMX) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 56.90 55.88 59.72 6.44
Feb 59.44 58.63 62.09 5.58
Mar 58.81 56.15 59.91 6.27
Apr 56.22 54.93 59.01 6.91
May 59.54 58.61 61.71 5.02
Jun 58.98 57.85 60.74 4.76
Jul 59.49 58.24 61.56 5.39
Aug 62.04 59.92 64.42 6.99
Sep 63.12 60.85 64.80 6.10
Oct 66.36 64.35 68.09 5.50
Nov 68.67 65.60 71.52 8.27
Dec 68.71 67.52 71.44 5.49

CarMax (KMX) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 65.47 62.92 67.75 7.13
Feb 65.88 65.02 68.78 5.46
Mar 66.94 63.95 70.22 8.92
Apr 67.52 65.34 68.53 4.64
May 70.41 67.49 73.25 7.87
Jun 71.94 69.66 73.45 5.16
Jul 71.27 68.04 72.42 6.04
Aug 70.74 67.49 73.41 8.07
Sep 70.34 69.04 71.65 3.65
Oct 71.70 70.01 73.16 4.31
Nov 69.65 68.74 72.93 5.74
Dec 67.62 64.35 68.59 6.17

CarMax (KMX) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 65.94 64.80 68.36 5.20
Feb 65.05 62.99 67.02 6.02
Mar 63.63 62.69 64.97 3.52
Apr 61.82 58.98 64.88 9.10
May 63.81 61.24 65.51 6.52
Jun 63.97 63.14 66.15 4.56
Jul 64.49 62.29 66.32 6.09
Aug 65.09 62.99 68.19 7.63
Sep 61.21 60.11 62.39 3.65
Oct 60.11 59.29 60.89 2.63
Nov 61.23 58.61 62.98 6.93
Dec 63.66 61.88 65.83 6.00

CarMax (KMX) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 64.13 61.03 65.29 6.52
Feb 67.51 66.05 69.44 4.88
Mar 70.82 69.28 72.97 5.05
Apr 68.84 66.84 70.98 5.83
May 70.00 69.04 73.03 5.47
Jun 74.12 72.74 76.83 5.32
Jul 75.22 71.82 76.81 6.50
Aug 73.22 72.08 76.67 5.98
Sep 71.49 69.85 72.86 4.14
Oct 72.64 70.21 73.72 4.77
Nov 68.50 67.23 70.20 4.24
Dec 69.52 66.63 71.03 6.19

CarMax information and performance

CarMax Address

12800 TUCKAHOE CREEK PARKWAY, RICHMOND, VA, US

Market Capitalization: 10 985 683 000 $

Market capitalization of the CarMax, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of KMX shares in the company outstanding by the market price of one share.

EBITDA: 1 016 488 000 $

EBITDA of CarMax is earnings before interest, income tax and depreciation of assets.

PE Ratio: 23.11

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 0.895

Price/earnings to growth

DPS: None

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: None

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 3.02

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: -0.253
Quarterly Revenue Growth YOY: -0.006
Trailing PE: 23.11

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 20.12

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 1.13

Enterprise Value (EV) /Revenue

EV To EBITDA: 18.01

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 157388000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A



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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.