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: May 29, 2024 (14:30)

Sector: Consumer cyclical

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

Latest session on the 28th of May for
CarMax, Inc. is negative
Trading Volume: 1271477
Open: 70.17 /  High: 70.43 /  Low: 68.94
What analysts predict: $78.14
52-week High/Low: $88.22 / $59.66

50/200 Day Moving Average: $75.09 / $73.34

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., %
May 31 69.65 68.98 70.12 1.66
Jun 01 69.92 69.03 71.00 2.86
Jun 02 68.65 68.20 69.41 1.77
Jun 03 68.65 67.55 69.02 2.17
Jun 04 69.19 68.40 70.28 2.75
Jun 05 68.76 67.71 69.13 2.09
Jun 06 69.10 68.22 69.92 2.49
Jun 07 68.81 67.79 69.18 2.05
Jun 08 68.58 68.21 69.36 1.69
Jun 09 67.71 66.74 68.55 2.72
Jun 10 67.21 66.80 67.99 1.79
Jun 11 68.07 67.66 68.84 1.73
Jun 12 68.49 67.59 69.54 2.88
Jun 13 69.43 68.65 69.94 1.88
Jun 14 69.00 68.17 69.63 2.15
Jun 15 69.58 68.62 69.99 2.01
Jun 16 70.87 70.59 71.63 1.49
Jun 17 71.00 70.50 71.31 1.15
Jun 18 71.27 70.58 71.71 1.60
Jun 19 70.53 69.47 71.48 2.90
Jun 20 70.99 69.88 72.01 3.05
Jun 21 71.10 70.56 71.70 1.61
Jun 22 70.58 69.77 71.57 2.57
Jun 23 70.61 69.97 71.12 1.63
Jun 24 70.27 69.79 70.72 1.33
Jun 25 71.28 70.45 71.69 1.76
Jun 26 70.60 69.65 71.13 2.13
Jun 27 70.04 69.39 71.15 2.54
Jun 28 70.11 69.62 70.47 1.21
Jun 29 69.15 68.57 69.45 1.29

CarMax Daily Price Targets


CarMax Stock Forecast 05-31-2024.

Forecast target price for 05-31-2024: $69.65.
Positive dynamics for CarMax shares will prevail with possible volatility of 1.629%.
Pessimistic target level: 68.98
Optimistic target level: 70.12

CarMax Stock Forecast 06-01-2024.

Forecast target price for 06-01-2024: $69.92.
Positive dynamics for CarMax shares will prevail with possible volatility of 2.777%.
Pessimistic target level: 69.03
Optimistic target level: 71.00

CarMax Stock Forecast 06-02-2024.

Forecast target price for 06-02-2024: $68.65.
Negative dynamics for CarMax shares will prevail with possible volatility of 1.741%.
Pessimistic target level: 68.20
Optimistic target level: 69.41

CarMax Stock Forecast 06-03-2024.

Forecast target price for 06-03-2024: $68.65.
Negative dynamics for CarMax shares will prevail with possible volatility of 2.129%.
Pessimistic target level: 67.55
Optimistic target level: 69.02

CarMax Stock Forecast 06-04-2024.

Forecast target price for 06-04-2024: $69.19.
Positive dynamics for CarMax shares will prevail with possible volatility of 2.678%.
Pessimistic target level: 68.40
Optimistic target level: 70.28

CarMax Stock Forecast 06-05-2024.

Forecast target price for 06-05-2024: $68.76.
Negative dynamics for CarMax shares will prevail with possible volatility of 2.049%.
Pessimistic target level: 67.71
Optimistic target level: 69.13

KMX (KMX) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jun. 68.40 67.42 70.58 4.48
Jul. 70.70 68.75 72.14 4.70
Aug. 71.63 68.97 72.49 4.86
Sep. 69.61 66.31 70.95 6.53
Oct. 69.16 65.96 71.48 7.72
Nov. 68.70 67.17 70.18 4.29
Dec. 71.09 69.55 73.61 5.51

CarMax forecast for this year


CarMax Stock Prediction for Jun 2024

An downtrend is forecast for this month with an optimal target price of $68.4032. Pessimistic: $67.42. Optimistic: $70.58


CarMax Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $70.7015. Pessimistic: $68.75. Optimistic: $72.14


CarMax Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $71.6348. Pessimistic: $68.97. Optimistic: $72.49


CarMax Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $69.6147. Pessimistic: $66.31. Optimistic: $70.95


CarMax Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $69.1552. Pessimistic: $65.96. Optimistic: $71.48


CarMax Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $68.6988. Pessimistic: $67.17. Optimistic: $70.18


CarMax Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $71.0895. Pessimistic: $69.55. Optimistic: $73.61



CarMax (KMX) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 71.77 69.49 73.32 5.23
Mar 69.83 68.41 72.22 5.28
Mar 73.40 70.05 76.17 8.04
Apr 71.81 70.35 72.72 3.26
May 68.28 66.23 71.14 6.91
Jun 67.62 66.36 69.69 4.77
Jul 66.69 64.89 67.93 4.48
Aug 65.89 64.03 67.67 5.37
Sep 66.56 65.68 69.04 4.86
Oct 65.96 64.26 68.42 6.07
Nov 67.47 64.51 68.32 5.57
Dec 69.21 67.79 70.08 3.26

CarMax (KMX) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 67.55 65.48 69.13 5.28
Mar 64.18 61.29 66.03 7.17
Mar 64.76 62.74 66.31 5.39
Apr 64.76 63.67 67.05 5.04
May 66.55 63.35 67.70 6.43
Jun 68.66 66.03 69.49 4.98
Jul 71.63 70.64 73.30 3.63
Aug 70.47 68.69 73.13 6.07
Sep 67.25 66.25 69.88 5.20
Oct 65.92 65.13 67.07 2.89
Nov 66.00 64.26 68.22 5.81
Dec 65.09 63.57 68.02 6.55

CarMax (KMX) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 67.79 64.94 69.09 6.00
Mar 69.62 67.53 72.21 6.48
Mar 69.83 67.56 70.66 4.39
Apr 73.55 70.51 75.41 6.50
May 73.20 70.48 75.92 7.17
Jun 77.46 75.00 80.11 6.38
Jul 80.58 77.67 81.98 5.25
Aug 83.43 81.88 85.63 4.38
Sep 81.43 77.52 85.19 9.00
Oct 79.28 77.80 80.51 3.37
Nov 78.23 74.85 79.78 6.18
Dec 77.48 75.11 80.36 6.54

CarMax (KMX) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 76.41 74.90 77.92 3.88
Feb 80.26 77.03 82.72 6.87
Mar 84.64 80.63 87.38 7.73
Apr 86.06 81.98 89.78 8.68
May 86.12 82.34 88.70 7.16
Jun 83.79 82.79 87.61 5.51
Jul 84.60 82.31 87.74 6.19
Aug 89.62 86.93 93.17 6.69
Sep 84.62 82.69 88.38 6.43
Oct 83.96 82.10 87.49 6.16
Nov 84.46 82.08 87.15 5.82
Dec 86.90 84.29 90.02 6.37

CarMax information and performance

CarMax Address

12800 TUCKAHOE CREEK PARKWAY, RICHMOND, VA, US

Market Capitalization: 10 994 011 000 $

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: 995 706 000 $

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

PE Ratio: 23.14

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: -0.254
Quarterly Revenue Growth YOY: -0.006
Trailing PE: 23.14

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: 157327000

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.