Research Analysts’ Recent Ratings Updates for CarMax (KMX)

A number of research firms have changed their ratings and price targets for CarMax (NYSE: KMX):

• 10/14/2025 – CarMax had its “sell (d)” rating reaffirmed by analysts at Weiss Ratings.
• 10/7/2025 – CarMax had its price target lowered by analysts at Benchmark Co. from $75.00 to $60.00. They now have a “buy” rating on the stock.
• 10/7/2025 – CarMax was downgraded by analysts at Stephens from an “overweight” rating to an “equal weight” rating. They now have a $42.00 price target on the stock, down previously from $53.00.
• 10/3/2025 – CarMax was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating.
• 10/2/2025 – CarMax was downgraded by analysts at Zacks Research from a “hold” rating to a “strong sell” rating.
• 10/1/2025 – CarMax had its price target lowered by analysts at Morgan Stanley from $80.00 to $56.00. They now have an “overweight” rating on the stock.
• 9/28/2025 – CarMax was downgraded by analysts at Seaport Res Ptn from a “strong-buy” rating to a “hold” rating.
• 9/27/2025 – CarMax had its “sell (d+)” rating reaffirmed by analysts at Weiss Ratings.
• 9/26/2025 – CarMax had its price target lowered by analysts at Royal Bank Of Canada from $81.00 to $59.00. They now have an “outperform” rating on the stock.
• 9/26/2025 – CarMax had its price target lowered by analysts at JPMorgan Chase & Co. from $65.00 to $50.00. They now have a “neutral” rating on the stock.
• 9/26/2025 – CarMax had its price target lowered by analysts at BNP Paribas Exane from $52.00 to $35.00. They now have an “underperform” rating on the stock.
• 9/26/2025 – CarMax had its price target lowered by analysts at Stephens from $74.00 to $53.00. They now have an “overweight” rating on the stock.
• 9/26/2025 – CarMax had its price target lowered by analysts at Truist Financial Corporation from $74.00 to $47.00. They now have a “hold” rating on the stock.
• 9/26/2025 – CarMax had its price target lowered by analysts at Robert W. Baird from $90.00 to $60.00. They now have an “outperform” rating on the stock.
• 9/26/2025 – CarMax had its “market perform” rating reaffirmed by analysts at Oppenheimer Holdings, Inc..
• 9/26/2025 – CarMax had its price target lowered by analysts at Needham & Company LLC from $92.00 to $60.00. They now have a “buy” rating on the stock.
• 9/26/2025 – CarMax had its “in-line” rating reaffirmed by analysts at Evercore ISI. They now have a $52.00 price target on the stock, down previously from $80.00.
• 9/25/2025 – CarMax was downgraded by analysts at Wedbush from an “outperform” rating to a “neutral” rating. They now have a $54.00 price target on the stock, down previously from $84.00.
• 9/18/2025 – CarMax had its price target raised by analysts at JPMorgan Chase & Co. from $58.00 to $65.00. They now have a “neutral” rating on the stock.
• 9/15/2025 – CarMax had its price target lowered by analysts at Stephens from $81.00 to $74.00. They now have an “overweight” rating on the stock.
• 8/19/2025 – CarMax had its “overweight” rating reaffirmed by analysts at Stephens. They now have a $81.00 price target on the stock.
• 8/19/2025 – CarMax had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $84.00 price target on the stock.

CarMax, Inc, through its subsidiaries, operates as a retailer of used vehicles and related products in the United States. It operates in two segments: CarMax Sales Operations and CarMax Auto Finance. The CarMax Sales Operations segment offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; used vehicle auctions; extended protection plans to customers at the time of sale; and reconditioning and vehicle repair services.