CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. The company operates in two segments, CarMax Sales Operations and CarMax Auto Finance. It offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles; and extended protection plans to customers at the time of sale, as well as sells vehicles that are approximately 10 years old and has more than 100,000 miles through whole auctions. The company also provides reconditioning and vehicle repair services; and financing alternatives for retail customers across a range of credit spectrum through its CarMax Auto Finance and arrangements with various financial institutions. As of February 28, 2021, it operated approximately 220 used car stores and 1 new car franchises. CarMax, Inc. was founded in 1993 and is based in Richmond, Virginia.
IPO Year:
Exchange: NYSE
Website: carmax.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/19/2025 | $90.00 | Outperform | Wedbush |
| 3/26/2025 | $86.00 → $90.00 | Equal-Weight → Overweight | Stephens |
| 2/6/2025 | $90.00 → $110.00 | In-line → Outperform | Evercore ISI |
| 12/5/2024 | $86.00 | Equal-Weight | Stephens |
| 3/20/2024 | $99.00 | Hold → Buy | Needham |
| 3/19/2024 | $80.00 | Neutral | Mizuho |
| 9/25/2023 | $85.00 → $90.00 | Neutral → Outperform | Wedbush |
| 6/12/2023 | Buy → Neutral | Northcoast | |
| 2/23/2023 | $66.00 | Hold | Truist |
| 1/11/2023 | $60.00 | Neutral → Underweight | JP Morgan |
8-K - CARMAX INC (0001170010) (Filer)
8-K - CARMAX INC (0001170010) (Filer)
SCHEDULE 13G/A - CARMAX INC (0001170010) (Subject)
DEFA14A - CARMAX INC (0001170010) (Filer)
DEF 14A - CARMAX INC (0001170010) (Filer)
10-K - CARMAX INC (0001170010) (Filer)
8-K - CARMAX INC (0001170010) (Filer)
8-K - CARMAX INC (0001170010) (Filer)
10-Q - CARMAX INC (0001170010) (Filer)
8-K - CARMAX INC (0001170010) (Filer)
Wedbush resumed coverage of CarMax with a rating of Outperform and set a new price target of $90.00
Stephens upgraded CarMax from Equal-Weight to Overweight and set a new price target of $90.00 from $86.00 previously
Evercore ISI upgraded CarMax from In-line to Outperform and set a new price target of $110.00 from $90.00 previously
Stephens initiated coverage of CarMax with a rating of Equal-Weight and set a new price target of $86.00
Needham upgraded CarMax from Hold to Buy and set a new price target of $99.00
Mizuho initiated coverage of CarMax with a rating of Neutral and set a new price target of $80.00
Wedbush upgraded CarMax from Neutral to Outperform and set a new price target of $90.00 from $85.00 previously
Northcoast downgraded CarMax from Buy to Neutral
Truist resumed coverage of CarMax with a rating of Hold and set a new price target of $66.00
JP Morgan downgraded CarMax from Neutral to Underweight and set a new price target of $60.00