CarMax (KMX) Stock Forecast for 2023 – 2026. Sell or Buy Prediction

CarMax (KMX) Stock Forecast for 2023 – 2026. Sell or Buy?

Updated: December 8, 2023 (10:18)

Sector: Consumer cyclical

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

Latest session on the 8th of December for
CarMax, Inc. is positive
Trading Volume: 1641271
Open: 66.92 /  High: 68.03 /  Low: 66.81
What analysts predict: $75.15
52-week High/Low: $87.5 / $52.1

50/200 Day Moving Average: $65.77 / $72.65

This figure corresponds to the Average Price over the previous 50/200 days. For CarMax stocks, the 50-day moving average is the support 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., %
Dec 10 67.54 67.04 68.53 2.22
Dec 11 67.36 66.83 67.82 1.48
Dec 12 66.31 65.81 66.82 1.54
Dec 13 65.85 65.02 66.28 1.94
Dec 14 66.84 66.31 67.41 1.65
Dec 15 67.34 66.97 68.28 1.96
Dec 16 67.27 66.30 68.32 3.05
Dec 17 67.70 66.62 68.09 2.20
Dec 18 66.31 65.21 66.98 2.71
Dec 19 66.16 65.18 66.56 2.11
Dec 20 64.85 63.79 65.50 2.69
Dec 21 65.26 64.98 65.92 1.43
Dec 22 64.83 64.28 65.20 1.44
Dec 23 65.42 65.13 66.12 1.52
Dec 24 64.79 63.94 65.29 2.11
Dec 25 66.08 65.16 66.73 2.41
Dec 26 67.32 66.38 67.88 2.26
Dec 27 68.09 67.02 68.85 2.73
Dec 28 67.12 66.82 67.91 1.62
Dec 29 65.74 64.87 66.64 2.72
Dec 30 65.88 65.20 66.20 1.53
Dec 31 66.31 65.87 67.00 1.71
Jan 01 67.21 66.45 68.31 2.80
Jan 02 68.17 67.34 69.09 2.59
Jan 03 67.81 67.20 68.65 2.16
Jan 04 67.37 66.71 68.22 2.27
Jan 05 68.05 67.55 68.64 1.61
Jan 06 66.74 65.94 67.27 2.02
Jan 07 67.44 66.88 67.89 1.50
Jan 08 67.25 66.35 67.97 2.45

CarMax Daily Price Targets


CarMax Stock Forecast 12-10-2023.

Forecast target price for 12-10-2023: $67.54.
Positive dynamics for CarMax shares will prevail with possible volatility of 2.173%.
Pessimistic target level: 67.04
Optimistic target level: 68.53

CarMax Stock Forecast 12-11-2023.

Forecast target price for 12-11-2023: $67.36.
Negative dynamics for CarMax shares will prevail with possible volatility of 1.460%.
Pessimistic target level: 66.83
Optimistic target level: 67.82

CarMax Stock Forecast 12-12-2023.

Forecast target price for 12-12-2023: $66.31.
Negative dynamics for CarMax shares will prevail with possible volatility of 1.521%.
Pessimistic target level: 65.81
Optimistic target level: 66.82

CarMax Stock Forecast 12-13-2023.

Forecast target price for 12-13-2023: $65.85.
Negative dynamics for CarMax shares will prevail with possible volatility of 1.899%.
Pessimistic target level: 65.02
Optimistic target level: 66.28

CarMax Stock Forecast 12-14-2023.

Forecast target price for 12-14-2023: $66.84.
Positive dynamics for CarMax shares will prevail with possible volatility of 1.624%.
Pessimistic target level: 66.31
Optimistic target level: 67.41

CarMax Stock Forecast 12-15-2023.

Forecast target price for 12-15-2023: $67.34.
Positive dynamics for CarMax shares will prevail with possible volatility of 1.926%.
Pessimistic target level: 66.97
Optimistic target level: 68.28

KMX (KMX) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jan. 69.41 67.69 71.30 5.07
Feb. 72.16 69.03 73.15 5.63
Mar. 73.77 72.26 76.38 5.39
Apr. 69.75 66.59 72.21 7.78
May. 70.57 68.34 71.71 4.70
Jun. 69.17 66.81 72.30 7.59
Jul. 71.31 68.13 72.38 5.86
Aug. 71.89 70.11 75.32 6.92
Sep. 72.07 70.64 74.75 5.50
Oct. 69.25 67.62 70.37 3.90
Nov. 67.24 64.03 70.19 8.79
Dec. 63.23 61.31 66.10 7.24

CarMax forecast for this year


CarMax Stock Prediction for Jan 2024

An uptrend is forecast for this month with an optimal target price of $69.4094. Pessimistic: $67.69. Optimistic: $71.30


CarMax Stock Prediction for Feb 2024

An uptrend is forecast for this month with an optimal target price of $72.1636. Pessimistic: $69.03. Optimistic: $73.15


CarMax Stock Prediction for Mar 2024

An uptrend is forecast for this month with an optimal target price of $73.7743. Pessimistic: $72.26. Optimistic: $76.38


CarMax Stock Prediction for Apr 2024

An downtrend is forecast for this month with an optimal target price of $69.7491. Pessimistic: $66.59. Optimistic: $72.21


CarMax Stock Prediction for May 2024

An uptrend is forecast for this month with an optimal target price of $70.5708. Pessimistic: $68.34. Optimistic: $71.71


CarMax Stock Prediction for Jun 2024

An downtrend is forecast for this month with an optimal target price of $69.1707. Pessimistic: $66.81. Optimistic: $72.30


CarMax Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $71.3149. Pessimistic: $68.13. Optimistic: $72.38


CarMax Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $71.8897. Pessimistic: $70.11. Optimistic: $75.32


CarMax Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $72.068. Pessimistic: $70.64. Optimistic: $74.75


CarMax Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $69.2531. Pessimistic: $67.62. Optimistic: $70.37


CarMax Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $67.235. Pessimistic: $64.03. Optimistic: $70.19


CarMax Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $63.2332. Pessimistic: $61.31. Optimistic: $66.10



CarMax (KMX) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 62.10 60.63 65.02 6.75
Feb 64.48 61.60 65.48 5.92
Mar 63.12 60.50 64.45 6.13
Apr 64.53 62.93 66.49 5.36
May 65.61 62.89 68.38 8.03
Jun 64.27 62.12 66.74 6.93
Jul 64.31 61.28 67.06 8.62
Aug 63.83 62.25 66.84 6.87
Sep 63.56 60.56 66.12 8.40
Oct 62.06 60.48 63.33 4.50
Nov 63.90 61.61 64.70 4.78
Dec 67.71 65.57 69.56 5.73

CarMax (KMX) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 69.05 67.94 71.66 5.20
Feb 72.39 70.78 73.74 4.02
Mar 70.24 67.54 72.41 6.74
Apr 72.37 70.53 75.96 7.15
May 73.90 72.98 77.56 5.91
Jun 71.56 68.54 74.62 8.15
Jul 68.59 65.52 69.48 5.69
Aug 70.80 69.57 73.17 4.92
Sep 69.04 67.42 71.10 5.18
Oct 70.24 68.76 71.16 3.37
Nov 72.37 70.49 75.96 7.21
Dec 71.43 70.37 73.96 4.85

CarMax (KMX) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 74.05 72.67 75.38 3.59
Feb 74.05 71.61 77.12 7.14
Mar 76.52 75.29 78.09 3.58
Apr 73.58 72.17 76.23 5.33
May 74.81 71.10 77.27 7.98
Jun 74.44 72.04 75.55 4.64
Jul 72.87 69.30 74.86 7.42
Aug 73.73 70.85 75.29 5.89
Sep 73.64 70.90 75.97 6.67
Oct 71.59 68.08 72.65 6.29
Nov 70.83 68.33 72.41 5.64
Dec 74.70 72.66 77.94 6.77

CarMax (KMX) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 76.27 73.72 78.82 6.48
Feb 75.09 72.76 76.11 4.40
Mar 75.00 73.60 78.44 6.17
Apr 71.56 68.80 75.06 8.33
May 72.04 70.21 72.94 3.74
Jun 74.28 73.26 76.72 4.50
Jul 70.13 67.96 72.31 6.01
Aug 70.96 68.10 73.33 7.14
Sep 69.51 66.53 72.01 7.60
Oct 73.21 70.85 74.57 4.99
Nov 74.89 73.68 76.19 3.29
Dec 74.66 73.50 77.39 5.02

CarMax information and performance

CarMax Address

12800 TUCKAHOE CREEK PARKWAY, RICHMOND, VA, US

Market Capitalization: 10 460 981 000 $

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: 948 844 000 $

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

PE Ratio: 23.05

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

PEG Ratio: 0.759

Price/earnings to growth

DPS: N/A

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: 0.0099

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

EPS: 2.86

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

Quarterly Earnings Growth YOY: -0.052
Quarterly Revenue Growth YOY: -0.119
Trailing PE: 23.05

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: 17.67

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

EV To Revenue: 1.09

Enterprise Value (EV) /Revenue

EV To EBITDA: 20.05

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

Shares Outstanding: 158668000

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



Related stocks from Consumer cyclical sector


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.