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 1, 2024 (23:50)

Sector: Consumer cyclical

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

Latest session on the 1st of May for
CarMax, Inc. is negative
Trading Volume: 1786766
Open: 67.62 /  High: 69.14 /  Low: 67.02
What analysts predict: $78.14
52-week High/Low: $88.22 / $59.66

50/200 Day Moving Average: $77.63 / $74.55

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 03 68.25 67.81 69.15 1.97
May 04 67.93 67.54 68.75 1.79
May 05 67.27 66.46 68.32 2.79
May 06 66.58 66.23 67.64 2.13
May 07 67.75 66.82 68.61 2.68
May 08 67.24 66.69 68.11 2.14
May 09 66.59 65.81 67.12 2.00
May 10 66.84 66.04 67.18 1.72
May 11 65.56 65.14 66.28 1.75
May 12 64.68 63.89 65.30 2.21
May 13 64.19 63.16 65.06 3.01
May 14 64.91 63.92 65.40 2.32
May 15 65.17 64.60 65.99 2.16
May 16 66.47 66.11 67.40 1.95
May 17 67.54 67.04 68.33 1.93
May 18 67.08 66.80 67.65 1.29
May 19 66.45 65.48 66.82 2.05
May 20 67.02 66.58 67.94 2.05
May 21 65.85 64.97 66.21 1.91
May 22 66.10 65.69 66.99 1.97
May 23 65.77 65.51 66.42 1.39
May 24 65.56 65.01 66.26 1.92
May 25 65.02 64.59 65.37 1.21
May 26 65.21 64.79 65.96 1.81
May 27 64.76 64.39 65.55 1.81
May 28 64.70 64.24 65.38 1.77
May 29 64.27 63.77 64.71 1.47
May 30 64.60 64.29 65.44 1.79
May 31 64.46 64.18 65.35 1.83
Jun 01 63.17 62.71 63.88 1.87

CarMax Daily Price Targets


CarMax Stock Forecast 05-03-2024.

Forecast target price for 05-03-2024: $68.25.
Positive dynamics for CarMax shares will prevail with possible volatility of 1.934%.
Pessimistic target level: 67.81
Optimistic target level: 69.15

CarMax Stock Forecast 05-04-2024.

Forecast target price for 05-04-2024: $67.93.
Negative dynamics for CarMax shares will prevail with possible volatility of 1.759%.
Pessimistic target level: 67.54
Optimistic target level: 68.75

CarMax Stock Forecast 05-05-2024.

Forecast target price for 05-05-2024: $67.27.
Negative dynamics for CarMax shares will prevail with possible volatility of 2.718%.
Pessimistic target level: 66.46
Optimistic target level: 68.32

CarMax Stock Forecast 05-06-2024.

Forecast target price for 05-06-2024: $66.58.
Negative dynamics for CarMax shares will prevail with possible volatility of 2.086%.
Pessimistic target level: 66.23
Optimistic target level: 67.64

CarMax Stock Forecast 05-07-2024.

Forecast target price for 05-07-2024: $67.75.
Positive dynamics for CarMax shares will prevail with possible volatility of 2.607%.
Pessimistic target level: 66.82
Optimistic target level: 68.61

CarMax Stock Forecast 05-08-2024.

Forecast target price for 05-08-2024: $67.24.
Negative dynamics for CarMax shares will prevail with possible volatility of 2.093%.
Pessimistic target level: 66.69
Optimistic target level: 68.11

KMX (KMX) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jun. 68.62 67.06 71.63 6.38
Jul. 68.50 67.64 70.51 4.08
Aug. 68.38 66.32 71.53 7.28
Sep. 66.00 63.26 67.18 5.84
Oct. 67.30 64.48 69.00 6.55
Nov. 69.85 67.37 73.16 7.91
Dec. 68.76 65.54 71.36 8.15

CarMax forecast for this year


CarMax Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $68.6225. Pessimistic: $67.06. Optimistic: $71.63


CarMax Stock Prediction for Jul 2024

An downtrend is forecast for this month with an optimal target price of $68.499. Pessimistic: $67.64. Optimistic: $70.51


CarMax Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $68.3757. Pessimistic: $66.32. Optimistic: $71.53


CarMax Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $65.9962. Pessimistic: $63.26. Optimistic: $67.18


CarMax Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $67.3029. Pessimistic: $64.48. Optimistic: $69.00


CarMax Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $69.847. Pessimistic: $67.37. Optimistic: $73.16


CarMax Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $68.7574. Pessimistic: $65.54. Optimistic: $71.36



CarMax (KMX) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 67.73 65.65 69.55 5.61
Feb 66.47 63.56 68.74 7.54
Mar 70.14 67.32 71.57 5.94
Apr 71.06 69.31 74.43 6.87
May 69.31 67.82 71.31 4.90
Jun 70.56 67.94 73.86 8.02
Jul 73.27 71.64 76.52 6.38
Aug 72.57 70.61 74.74 5.53
Sep 75.27 72.15 77.75 7.20
Oct 78.47 77.01 82.05 6.14
Nov 81.44 79.24 84.42 6.14
Dec 82.46 79.94 85.58 6.59

CarMax (KMX) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 81.97 79.86 85.27 6.34
Feb 79.46 78.13 82.75 5.59
Mar 80.51 76.89 84.13 8.61
Apr 75.83 73.60 78.37 6.10
May 78.83 76.23 80.91 5.79
Jun 77.98 74.94 81.25 7.77
Jul 81.77 79.66 85.25 6.56
Aug 80.88 79.04 83.31 5.13
Sep 80.35 79.00 83.68 5.59
Oct 78.71 77.72 82.49 5.78
Nov 80.79 79.53 84.18 5.53
Dec 77.20 74.33 80.12 7.23

CarMax (KMX) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 75.07 72.64 78.27 7.19
Feb 74.30 71.94 75.55 4.78
Mar 72.08 71.12 75.19 5.41
Apr 70.86 68.61 73.12 6.16
May 72.44 69.18 74.57 7.23
Jun 74.61 72.64 76.04 4.47
Jul 76.31 75.30 79.10 4.80
Aug 77.87 75.72 81.33 6.89
Sep 78.20 75.47 80.96 6.78
Oct 76.98 73.60 80.62 8.71
Nov 78.18 75.64 80.10 5.56
Dec 78.13 75.60 79.68 5.12

CarMax (KMX) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 76.44 74.47 78.96 5.69
Feb 78.55 76.05 82.32 7.61
Mar 79.73 76.05 82.74 8.09
Apr 83.46 82.41 85.72 3.86
May 82.26 80.19 86.11 6.88
Jun 83.25 81.20 86.09 5.69
Jul 87.04 84.95 90.49 6.12
Aug 86.57 82.94 89.01 6.83
Sep 82.94 81.44 84.08 3.14
Oct 82.09 80.76 85.00 4.98
Nov 78.94 76.14 81.12 6.13
Dec 78.75 77.80 80.02 2.78

CarMax information and performance

CarMax Address

12800 TUCKAHOE CREEK PARKWAY, RICHMOND, VA, US

Market Capitalization: 10 914 858 000 $

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: 22.96

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: 22.96

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.