Headquartered in Richmond, VA Fiscal year ends February NYSE: KMX carmax.com
CarMax is the largest retailer of used automobiles in the United States, operating more than 255 store locations with approximately 28,000 associates. The company offers a personalized omni-channel experience allowing customers to complete purchases online, in-store, or through a combination of both. CarMax buys vehicles from consumers and dealers, reconditions them, and sells them at retail; vehicles not selected for retail are sold through wholesale auctions. The company also operates CarMax Auto Finance (CAF), an in-house lending operation that originated approximately $8 billion in auto loans during fiscal 2026 and maintains a portfolio of approximately $16 billion. Additionally, CarMax offers extended protection plans and related products. The company's digital capabilities support approximately 84% of retail unit sales, with omni-channel sales representing 70% and fully online sales representing 14% of retail units. CarMax has been recognized for 22 consecutive years as one of the Fortune 100 Best Companies to Work For. Updated
CarMax reports at 5:50 AM ET with consensus at $0.72 EPS on $7.02 billion in revenue, and three straight quarters of beats have set a high bar for an $8 billion retailer selling into the priciest used-vehicle market since 2022. A fourth beat would say affordability is not yet breaking the buyer.
CarMax (NYSE:KMX | KMX Price Prediction) stock is up 6% to $59.75 early in the session after the used-car retailer posted stronger fiscal 2027 second-quarter earnings and indicated a return to share…
Carvana is leaving CarMax and Lithia Motors in the dust today, but the reason has nothing to do with used cars and everything to do with where traders are parking their risk…
Carvana just posted its best quarter ever, yet the stock keeps sliding while a traditional rival is up over 50% this year. Something about that gap deserves a closer look.
Carvana just posted record revenue and profits yet its stock is getting crushed in 2026, while a struggling rival is suddenly Wall Street's darling. The case for switching sides is more complicated…
Wall Street analysts reshuffled their bets on Wednesday with a wave of upgrades, downgrades, and fresh initiations spanning energy, autos, crypto infrastructure, and quantum computing. Find out which names got boosted and…
Shares of CarMax (NYSE:KMX | KMX Price Prediction) stock are down 7% midday Wednesday near $48.30 after the used-car retailer reported fiscal Q1 2027 results before the open. The headline numbers cleared…
Starboard Value, the activist hedge fund led by Jeff Smith, fully exited its positions in Salesforce (NYSE:CRM | CRM Price Prediction) and Autodesk (NASDAQ:ADSK) during the first quarter of 2026, disclosed in…
A 21-year-old welder from Mississippi called into The Ramsey Show with a math problem most readers will never see on a calculator: $30,000 in debt on a truck at 30% interest, paid…
Stephens raised its price target on CarMax (NYSE: KMX | KMX Price Prediction) stock to $43 from $39 while maintaining an Equal Weight rating ahead of the company’s April 14 Q4 FY2026…
Joel South Carvana’s wild ride hit a speed bump this week. The online used car retailer dropped 14.98% over the past five trading days, closing at $343.19 on Friday. That’s a steeper decline than…
Over the past month, investors have seen Carvana (NYSE:CVNA | CVNA Price Prediction) shares fall over 20%, while retail investor sentiment on Reddit and X shifted from cautious optimism to deeply bearish.…
Shares of Carvana (NYSE:CVNA | CVNA Price Prediction) trade near $460 today, and amazing rally from just $309 a share on November 21st. Despite the run, retail investors across Reddit and X…
Carvana (NYSE:CVNA | CVNA Price Prediction) released its third-quarter earnings report last week, revealing record revenue of $5.6 billion, up 55% year-over-year, driven by 155,941 retail units sold, a 44% increase. However,…
Pre-Market Stock Futures: The futures are trading higher as the new week begins, with most investors and traders relieved that last week has come to a close. Hopes that an end to…
Pre-Market Futures: The futures trade lower again on Friday as we prepare to end a brutal week for stocks that saw some of the most significant spikes in volatility since earlier this…
CarMax is the largest retailer of used automobiles in the United States, operating more than 255 store locations with approximately 28,000 associates. The company offers a personalized omni-channel experience allowing customers to complete purchases online, in-store, or through a combination of both.
24/7 Wall St.'s 12-month price target for KMX is $78.33, rated Buy. The Wall Street consensus target is $62.62. KMX price prediction →
