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CarMax, Inc. logo

NASDAQ · KMX

CarMax, Inc.

Consumer Cyclical · Auto - Dealerships

$54.92

Down-$0.97 (-1.74%)

Updated Oct 5, 2026, 12:47 PM

SID Score

7.0/10

Composite research score

Smart Money

58/100

Neutral

Market cap
6.35B
P/E ratio
12.05
Dividend yield
0.00%
52-week range
$30.26 – $65.28
Volume
2.91M
Avg. volume
5.57M

Price performance · KMX

KMX price history

1M range · 19 trading sessions · Daily adjusted prices

Prices through Oct 2, 2026

KMX closed at $54.92 after 19 trading sessions, down 9.33% for the selected period.

Last close
$54.92
Period change
-9.33%
Period low
$54.92
Period high
$61.69
Daily close
View OHLC price history
KMX OHLC price history, latest 40 sessions
DateOpenHighLowCloseVolume
Oct 2, 2026$56.27$56.3796$54.15$54.922.91M
Oct 1, 2026$55.27$56.21$54.39$55.893.6M
Sep 30, 2026$59.14$59.14$55.00$55.116.24M
Sep 29, 2026$60.405$63.67$58.03$59.2312.23M
Sep 28, 2026$57.17$58.77$56.24$56.556.37M
Sep 25, 2026$56.75$58.59$56.255$57.212.73M
Sep 24, 2026$57.07$58.50$55.24$56.362.45M
Sep 23, 2026$56.83$59.34$54.90$57.465.34M
Sep 22, 2026$58.66$58.66$56.19$56.843.05M
Sep 21, 2026$57.58$58.805$57.0907$57.863.04M
Sep 18, 2026$59.13$59.37$56.4219$57.214.21M
Sep 17, 2026$59.35$59.9799$57.945$58.381.79M
Sep 16, 2026$60.07$60.09$58.45$58.802.05M
Sep 15, 2026$61.295$61.52$59.79$59.862.09M
Sep 14, 2026$61.32$61.94$60.879$61.691.26M
Sep 11, 2026$61.42$62.25$60.71$61.321.36M
Sep 10, 2026$60.50$60.9999$59.65$60.521.48M
Sep 9, 2026$59.66$60.95$59.00$60.291.58M
Sep 8, 2026$62.30$62.39$60.2101$60.571.98M

Latest KMX news

The latest Smart Investors Daily articles mentioning KMX.

KMX research

Overview

Company profile and research snapshot.

Company profile

CarMax sells, finances, and services used and new cars through a chain of over 250 used retail stores. It was formed in 1993 as a unit of Circuit City and spun off into an independent company in late 2002. Used-vehicle sales were 83% of fiscal 2025 revenue and wholesale about 17%, with the remaining portion composed of extended service plans and repair. In fiscal 2025, the company retailed and wholesaled 789,050 and 544,312 used vehicles, respectively. CarMax is the largest used-vehicle retailer in the US but still estimates that it had only about 3.7% US market share of vehicles 0-10 years old in calendar 2024. It seeks over 5% share. CarMax is based in Richmond, Virginia.

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Analyst outlook

Consensus and target data currently published for this company.

Consensus
—
Average target
$46.00
Implied upside
—
Analysts
—
KMX recent ratings
DateFirmRatingTarget
Sep 30, 2026B of A SecuritiesUnderperform—
Sep 30, 2026BarclaysEqual-Weight—
Sep 30, 2026Truist SecuritiesHold—
Sep 30, 2026Morgan StanleyEqual-Weight—
Sep 30, 2026UBSNeutral—
Open full forecast

News briefing

Generated Oct 5, 2026, 11:22 AM

Why Is KMX Down Today?

CarMax shares declined 1.74% today despite a notable 14.09% increase in analyst price targets, reflecting broader market dynamics and sector headwinds. The disconnect between improved analyst sentiment and today's price action suggests investors may be digesting mixed signals from the competitive automotive retail landscape.

    Bottom line: CarMax faces a mixed backdrop today: improved analyst confidence reflected in a 14.09% price target increase is being offset by sector competition and broader retail headwinds. Investors should view today's decline as a potential entry point if they believe in the analyst thesis, but remain cautious about near-term industry dynamics and consumer spending trends.

    Benzinga · Oct 1, 2026

    Why Is Carvana Stock Falling on Thursday?

    Carvana Co. (NYSE: CVNA) stock falss on Thursday due to market pressure, profit taking and rising Treasury yields, underperforming its broader sector.

    AI research layers

    Interpretive context generated from the platform’s current data sources.

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