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: July 26, 2024 (21:16)

Sector: Consumer cyclical

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

Latest session on the 25th of July for
CarMax, Inc. is positive
Trading Volume: 1247805
Open: 79.48 /  High: 82.895 /  Low: 79.251
What analysts predict: $77.3
52-week High/Low: $88.22 / $59.66

50/200 Day Moving Average: $73.5 / $72.2

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 support 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., %
Jul 28 80.53 79.82 81.59 2.22
Jul 29 80.04 79.58 80.57 1.25
Jul 30 80.27 79.66 81.44 2.24
Jul 31 78.81 78.49 79.78 1.65
Aug 01 78.46 77.93 79.38 1.87
Aug 02 80.03 79.08 80.38 1.64
Aug 03 79.31 78.97 80.26 1.63
Aug 04 78.69 77.93 79.52 2.04
Aug 05 79.62 79.04 80.83 2.26
Aug 06 79.33 78.33 80.01 2.15
Aug 07 78.81 78.24 79.39 1.47
Aug 08 79.67 79.36 80.92 1.97
Aug 09 80.04 79.50 80.84 1.69
Aug 10 81.15 80.58 81.84 1.57
Aug 11 82.41 81.27 82.84 1.93
Aug 12 83.98 82.82 84.93 2.56
Aug 13 85.24 84.42 85.87 1.72
Aug 14 85.31 84.66 86.53 2.22
Aug 15 86.11 85.56 87.12 1.83
Aug 16 86.85 85.46 87.40 2.28
Aug 17 86.26 85.07 87.19 2.49
Aug 18 85.84 84.86 86.77 2.25
Aug 19 87.23 85.94 87.74 2.09
Aug 20 86.99 86.21 88.09 2.18
Aug 21 88.47 87.11 89.35 2.58
Aug 22 89.72 88.95 91.12 2.44
Aug 23 89.94 88.70 91.18 2.80
Aug 24 88.43 87.51 89.07 1.78
Aug 25 87.26 85.94 88.38 2.84
Aug 26 86.13 84.97 86.90 2.27

CarMax Daily Price Targets


CarMax Stock Forecast 07-28-2024.

Forecast target price for 07-28-2024: $80.53.
Negative dynamics for CarMax shares will prevail with possible volatility of 2.171%.
Pessimistic target level: 79.82
Optimistic target level: 81.59

CarMax Stock Forecast 07-29-2024.

Forecast target price for 07-29-2024: $80.04.
Negative dynamics for CarMax shares will prevail with possible volatility of 1.232%.
Pessimistic target level: 79.58
Optimistic target level: 80.57

CarMax Stock Forecast 07-30-2024.

Forecast target price for 07-30-2024: $80.27.
Positive dynamics for CarMax shares will prevail with possible volatility of 2.188%.
Pessimistic target level: 79.66
Optimistic target level: 81.44

CarMax Stock Forecast 07-31-2024.

Forecast target price for 07-31-2024: $78.81.
Negative dynamics for CarMax shares will prevail with possible volatility of 1.620%.
Pessimistic target level: 78.49
Optimistic target level: 79.78

CarMax Stock Forecast 08-01-2024.

Forecast target price for 08-01-2024: $78.46.
Negative dynamics for CarMax shares will prevail with possible volatility of 1.838%.
Pessimistic target level: 77.93
Optimistic target level: 79.38

CarMax Stock Forecast 08-02-2024.

Forecast target price for 08-02-2024: $80.03.
Positive dynamics for CarMax shares will prevail with possible volatility of 1.613%.
Pessimistic target level: 79.08
Optimistic target level: 80.38

KMX (KMX) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Aug. 80.91 78.68 83.63 5.92
Sep. 83.83 80.05 87.80 8.82
Oct. 83.32 81.97 84.32 2.79
Nov. 79.32 78.28 81.56 4.03
Dec. 80.56 78.58 81.63 3.73

CarMax forecast for this year


CarMax Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $80.9139. Pessimistic: $78.68. Optimistic: $83.63


CarMax Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $83.8268. Pessimistic: $80.05. Optimistic: $87.80


CarMax Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $83.3239. Pessimistic: $81.97. Optimistic: $84.32


CarMax Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $79.3243. Pessimistic: $78.28. Optimistic: $81.56


CarMax Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $80.5618. Pessimistic: $78.58. Optimistic: $81.63



CarMax (KMX) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 78.92 75.22 80.77 6.86
Feb 77.59 75.36 78.62 4.15
Mar 77.03 75.51 78.10 3.31
Apr 76.94 74.36 79.16 6.07
May 80.03 77.73 82.96 6.31
Jun 81.38 80.01 82.36 2.85
Jul 83.67 81.82 87.34 6.32
Aug 84.88 82.69 86.41 4.30
Sep 89.67 88.27 93.11 5.20
Oct 89.83 87.83 93.87 6.43
Nov 92.14 88.00 94.14 6.52
Dec 95.35 94.21 98.84 4.69

CarMax (KMX) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 98.84 97.06 100.80 3.71
Feb 101.69 97.60 105.04 7.09
Mar 100.53 97.09 101.86 4.68
Apr 100.65 96.42 103.67 6.99
May 97.81 93.17 101.45 8.16
Jun 91.94 88.41 93.16 5.09
Jul 92.11 91.00 96.53 5.73
Aug 93.82 91.18 96.13 5.15
Sep 92.13 90.31 94.34 4.28
Oct 95.39 90.99 99.51 8.57
Nov 90.93 88.04 93.28 5.62
Dec 92.02 88.38 95.72 7.67

CarMax (KMX) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 87.49 85.60 90.43 5.34
Feb 85.08 82.17 88.04 6.67
Mar 86.30 85.01 90.29 5.85
Apr 90.14 86.94 91.33 4.80
May 95.44 91.77 97.90 6.26
Jun 94.29 90.56 97.57 7.19
Jul 95.08 93.54 97.19 3.76
Aug 98.22 96.69 100.34 3.64
Sep 100.17 95.36 102.75 7.19
Oct 99.68 97.29 102.14 4.74
Nov 96.57 93.56 99.12 5.61
Dec 98.14 96.67 102.73 5.90

CarMax (KMX) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 100.44 97.78 103.51 5.53
Feb 102.30 99.97 104.76 4.57
Mar 103.47 101.61 108.31 6.19
Apr 105.15 101.99 106.85 4.55
May 110.00 105.98 113.63 6.74
Jun 109.94 106.51 115.21 7.56
Jul 110.86 108.53 114.39 5.12
Aug 112.26 110.24 116.23 5.16
Sep 111.99 110.31 116.89 5.63
Oct 116.29 111.40 121.52 8.33
Nov 115.03 113.24 117.66 3.75
Dec 114.07 110.99 117.56 5.59

CarMax information and performance

CarMax Address

12800 TUCKAHOE CREEK PARKWAY, RICHMOND, VA, US

Market Capitalization: 12 470 713 000 $

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: 963 178 000 $

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

PE Ratio: 31.33

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: 2.55

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

Quarterly Earnings Growth YOY: -0.326
Quarterly Revenue Growth YOY: -0.065
Trailing PE: 31.33

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: 156079000

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.