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: June 16, 2024 (12:06)

Sector: Consumer cyclical

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

Latest session on the 14th of June for
CarMax, Inc. is negative
Trading Volume: 2010918
Open: 69.36 /  High: 69.94 /  Low: 68.01
What analysts predict: $77.72
52-week High/Low: $88.22 / $59.66

50/200 Day Moving Average: $71.32 / $72.56

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., %
Jun 18 69.13 68.65 69.41 1.11
Jun 19 69.72 69.05 70.11 1.53
Jun 20 68.68 68.14 69.63 2.18
Jun 21 69.02 68.72 69.34 0.90
Jun 22 70.29 69.48 70.63 1.66
Jun 23 70.99 70.20 71.62 2.02
Jun 24 70.72 69.93 71.05 1.60
Jun 25 70.20 69.25 70.83 2.29
Jun 26 69.79 69.00 70.11 1.62
Jun 27 70.00 69.02 70.72 2.45
Jun 28 69.65 69.22 70.21 1.43
Jun 29 69.35 68.25 70.14 2.76
Jun 30 70.50 69.43 71.08 2.38
Jul 01 71.39 71.03 72.04 1.43
Jul 02 70.86 69.72 71.14 2.03
Jul 03 71.06 70.05 71.72 2.39
Jul 04 71.92 71.18 72.66 2.08
Jul 05 72.84 72.14 73.78 2.26
Jul 06 72.92 71.90 73.92 2.82
Jul 07 71.60 70.85 72.22 1.94
Jul 08 71.55 70.85 72.28 2.02
Jul 09 72.02 71.30 72.93 2.28
Jul 10 73.40 73.11 73.99 1.20
Jul 11 73.90 73.03 74.63 2.19
Jul 12 74.61 74.04 75.61 2.12
Jul 13 75.18 74.22 76.15 2.61
Jul 14 74.83 73.83 75.83 2.72
Jul 15 74.53 73.55 75.40 2.51
Jul 16 74.88 74.13 75.41 1.74
Jul 17 73.92 73.00 75.00 2.73

CarMax Daily Price Targets


CarMax Stock Forecast 06-18-2024.

Forecast target price for 06-18-2024: $69.13.
Negative dynamics for CarMax shares will prevail with possible volatility of 1.096%.
Pessimistic target level: 68.65
Optimistic target level: 69.41

CarMax Stock Forecast 06-19-2024.

Forecast target price for 06-19-2024: $69.72.
Positive dynamics for CarMax shares will prevail with possible volatility of 1.512%.
Pessimistic target level: 69.05
Optimistic target level: 70.11

CarMax Stock Forecast 06-20-2024.

Forecast target price for 06-20-2024: $68.68.
Negative dynamics for CarMax shares will prevail with possible volatility of 2.131%.
Pessimistic target level: 68.14
Optimistic target level: 69.63

CarMax Stock Forecast 06-21-2024.

Forecast target price for 06-21-2024: $69.02.
Positive dynamics for CarMax shares will prevail with possible volatility of 0.896%.
Pessimistic target level: 68.72
Optimistic target level: 69.34

CarMax Stock Forecast 06-22-2024.

Forecast target price for 06-22-2024: $70.29.
Positive dynamics for CarMax shares will prevail with possible volatility of 1.632%.
Pessimistic target level: 69.48
Optimistic target level: 70.63

CarMax Stock Forecast 06-23-2024.

Forecast target price for 06-23-2024: $70.99.
Positive dynamics for CarMax shares will prevail with possible volatility of 1.983%.
Pessimistic target level: 70.20
Optimistic target level: 71.62

KMX (KMX) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jul. 68.69 66.80 71.50 6.57
Aug. 71.29 68.94 73.99 6.82
Sep. 71.97 70.77 74.35 4.82
Oct. 71.15 69.62 72.26 3.66
Nov. 72.14 69.28 73.09 5.21
Dec. 74.30 71.63 75.99 5.75

CarMax forecast for this year


CarMax Stock Prediction for Jul 2024

An downtrend is forecast for this month with an optimal target price of $68.6936. Pessimistic: $66.80. Optimistic: $71.50


CarMax Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $71.2902. Pessimistic: $68.94. Optimistic: $73.99


CarMax Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $71.9746. Pessimistic: $70.77. Optimistic: $74.35


CarMax Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $71.1541. Pessimistic: $69.62. Optimistic: $72.26


CarMax Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $72.136. Pessimistic: $69.28. Optimistic: $73.09


CarMax Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $74.3001. Pessimistic: $71.63. Optimistic: $75.99



CarMax (KMX) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 75.33 73.25 77.13 5.04
Feb 75.10 72.40 77.58 6.68
Mar 74.96 71.86 78.34 8.27
Apr 71.01 67.98 74.24 8.44
May 71.26 68.61 74.04 7.33
Jun 71.26 68.27 73.06 6.55
Jul 70.83 69.22 72.02 3.89
Aug 70.20 69.27 71.08 2.55
Sep 71.80 70.76 73.56 3.81
Oct 72.57 69.52 75.45 7.85
Nov 72.79 71.17 74.14 4.01
Dec 72.97 70.47 75.42 6.56

CarMax (KMX) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 72.13 69.49 75.12 7.49
Feb 73.78 70.86 75.37 5.99
Mar 75.46 72.02 78.81 8.62
Apr 74.60 71.11 77.33 8.05
May 73.17 71.67 76.06 5.77
Jun 73.52 70.39 75.64 6.94
Jul 72.28 71.37 75.02 4.86
Aug 76.58 73.04 78.69 7.18
Sep 79.38 76.86 82.48 6.81
Oct 80.86 79.84 84.40 5.40
Nov 79.45 78.26 82.26 4.87
Dec 76.92 73.42 78.86 6.91

CarMax (KMX) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 72.77 70.72 74.60 5.21
Feb 74.43 70.90 75.72 6.37
Mar 74.12 73.05 75.32 3.01
Apr 73.58 72.61 75.52 3.86
May 78.00 76.69 79.07 3.02
Jun 79.78 78.67 83.22 5.46
Jul 81.31 78.38 82.33 4.80
Aug 80.67 79.46 84.01 5.42
Sep 81.83 80.36 85.71 6.24
Oct 80.71 78.14 82.55 5.34
Nov 76.20 73.60 78.49 6.23
Dec 77.39 74.88 80.50 6.98

CarMax (KMX) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 79.71 78.33 81.48 3.87
Feb 78.66 76.82 79.89 3.84
Mar 76.68 75.07 77.83 3.55
Apr 81.28 77.67 83.57 7.06
May 79.43 77.95 80.81 3.54
Jun 78.28 74.85 81.80 8.50
Jul 82.98 80.44 86.41 6.91
Aug 80.84 78.27 83.60 6.38
Sep 78.75 77.52 82.34 5.85
Oct 78.94 76.29 82.54 7.57
Nov 77.09 73.49 80.75 8.99
Dec 77.46 75.98 80.48 5.60

CarMax information and performance

CarMax Address

12800 TUCKAHOE CREEK PARKWAY, RICHMOND, VA, US

Market Capitalization: 11 058 516 000 $

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: 23.27

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: 23.27

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.