KMX
CarMax (KMX)
NYSE
$54.22-$0.65 (-1.18%)
Price as of Jul 13, 2026 7:45 PM EDT
  • $7.6B
    Market Cap
  • -16.86%
    1-Year Change
  • Auto & Truck Dealerships
    Industry

Key Performance

More
  • Earnings Score: 42
  • Momentum Score: 35
  • True Yield: N/A
  • Financial Health Score: 37
TradeSmith Loading

Latest Research & News

CARMAX, INC. (KMX) INVESTIGATION ALERT: Bernstein Liebhard Announces Investigation of CarMax, Inc.

Bernstein Liebhard LLP, an investor rights law firm, is investigating whether certain directors and officers of CarMax, Inc. breached fiduciary duties owed to the company. The firm is seeking shareholders who purchased shares prior to June 20, 2025, to discuss their legal rights and options.

07/09/2026, 1:52 PM • GlobeNewswire

This Single Factor Is Holding Back Carvana’s Disruptive Edge

Despite Carvana's impressive Q1 2026 earnings with record unit sales and operational improvements, the stock has declined ~15% since the report. The primary headwind is restrictive Federal Reserve monetary policy keeping interest rates high, which disproportionately impacts Carvana's lower-FICO-score customer base who are more dependent on financing. While analysts remain bullish with a $93.14 price target, technical indicators show weakness and the stock remains tethered to macro conditions rather than company execution.

06/26/2026, 10:09 AM • Investing

Chimborazo Elementary School, the CarMax Foundation and KABOOM! Unveil Kid-Designed Playground in Richmond

Chimborazo Elementary School in Richmond, VA opened a new kid-designed playground built through a partnership between the CarMax Foundation and KABOOM!, a nonprofit focused on ending playspace inequity. The CarMax Foundation funded the majority of the project and contributed 150 employee volunteers. This is the eighth playground the CarMax Foundation has supported in Metro Richmond through its partnership with KABOOM!.

06/25/2026, 5:00 PM • GlobeNewswire

Why CarMax Stock Rebounded on Thursday

CarMax stock surged 13% on Thursday following positive analyst upgrades, despite initial negative investor reaction to its Q1 fiscal 2027 earnings. The company beat top and bottom-line expectations with 6% year-over-year top-line growth. Key upgrades included Stephens analyst Jeff Lick raising his rating to overweight with a $66 price target (up from $43), and Baird raising its target to $55 from $48.

06/18/2026, 7:01 PM • The Motley Fool

Why CarMax Stock Plummeted Today

CarMax stock fell approximately 9% despite reporting better-than-expected fiscal Q1 results with EPS of $1.31 and revenue of $8.01 billion. The decline was driven by forward guidance that came in below market expectations, combined with broader market weakness.

06/17/2026, 7:05 PM • The Motley Fool

Small Caps Near Record Highs, Robinhood Rallies 12%: Stock Market Today

U.S. stocks traded higher midday Wednesday with semiconductor equipment names and small caps leading gains ahead of Fed Chair Kevin Warsh's first interest-rate decision. The Russell 2000 jumped 1.2% to a record high. Applied Materials surged 7% after Citi raised its price target, while Robinhood rallied 12.2% on strong trading volumes. Exchange operators fell sharply after Kalshi's Bitcoin futures approval raised competitive concerns.

06/17/2026, 1:33 PM • Benzinga

CarMax Warns Lower Vehicle Margins Will Persist

CarMax reported Q1 FY2027 earnings and revenue above analyst expectations, with adjusted EPS of $1.31 vs. consensus of $0.94 and revenue of $8.01B vs. expected $7.41B. However, the stock fell 5.64% in premarket trading as investors focused on declining margins. Gross profit per retail used vehicle fell $230 to $2,177, and the company warned that margin pressure will persist as it prioritizes sales growth over profitability through pricing adjustments.

06/17/2026, 9:37 AM • Benzinga

Stock Market: Will S&P 500 Open Up Or Down Today?

The S&P 500 fell 0.57% on Tuesday as investors rotated from chip stocks to cyclical sectors. However, Polymarket traders predict a 78% probability the index will open higher Wednesday, supported by easing Middle East tensions and expectations of unchanged Fed rates at the FOMC meeting. S&P 500 futures were modestly higher early Wednesday, up 0.28%.

06/17/2026, 5:01 AM • Benzinga

Markets Reprice Risk as Warsh’s Fed Debut Takes Center Stage This Week

Asian stocks surged Monday following a preliminary U.S.-Iran peace deal that sent oil prices to three-month lows and boosted risk appetite. Markets are closely watching new Fed Chair Kevin Warsh's first meeting this week, where the FOMC is expected to hold rates steady. The peace deal eased inflation concerns, lifting equities and precious metals while the dollar weakened. Key economic data including May retail sales and earnings from CarMax, Kroger, and others will round out the shortened week.

06/15/2026, 11:54 AM • Investing

Markets Reprice Risk as Warsh’s Fed Debut Takes Center Stage This Week

Markets surged Monday following a preliminary U.S.-Iran peace deal that sent oil prices to three-month lows and boosted risk appetite. Asian stocks hit record highs while the S&P 500 and Nasdaq jumped over 2%. This week's focus is on major central bank meetings, with Fed Chair Kevin Warsh's first FOMC meeting on Wednesday expected to hold rates steady. The new Fed leadership's communication approach could significantly impact market volatility as investors parse economic data for policy direction.

06/15/2026, 10:35 AM • Investing

Markets Reprice Risk as Warsh’s Fed Debut Takes Center Stage This Week

Markets surged Monday following a preliminary U.S.-Iran peace deal that sent oil prices to three-month lows and boosted risk appetite. Asian stocks hit record highs while gold climbed over 2%. This week's focus is on major central bank meetings, with Fed Chair Kevin Warsh's first FOMC meeting on Wednesday expected to hold rates steady. The shift in Fed communication strategy under Warsh could lead to larger market swings as investors interpret economic data more independently.

06/15/2026, 4:42 AM • Investing

Yusheng Seeks IPO As China's Used Car Market Catches A Break

Yusheng Holdings, operator of China's largest used-car platform Taocheche, is pursuing an IPO as the Chinese used-car market shows signs of growth. Despite achieving 6.66 billion yuan in revenue and 191,487 vehicle transactions in 2025, the company faces significant profitability challenges with a net loss of 916.9 million yuan. The inventory-heavy business model designed to build consumer trust through offline centers and vehicle reconditioning carries high costs and razor-thin margins, leaving investors questioning whether scale can eventually translate to profits.

05/12/2026, 10:38 AM • Benzinga

Wall Street's Next Blockbuster Stock Split Has Arrived -- and This Industry Leader Has Soared Over 10,000% in Less Than 4 Years

Carvana completed its first-ever 5-for-1 stock split on May 7, 2026, after soaring over 10,000% since its December 2022 low of $3.72. The online used-car retailer has achieved record profitability and 49% sales growth, significantly outpacing rival CarMax. However, concerns persist regarding its high valuation (50x 2026 earnings) and exposure to subprime auto loans, with delinquency rates hitting record levels at 6.9% in January 2026.

05/07/2026, 6:06 AM • The Motley Fool

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CarMax, Inc. - KMX

Pomerantz LLP is investigating CarMax for potential securities fraud following the company's April 14, 2026 earnings announcement. Despite meeting fourth-quarter expectations, CarMax management signaled plans to lower used car prices and increase lending to lower-credit customers to address industry affordability challenges. The stock fell 15.12% ($7.42) to $41.66 on the news.

04/28/2026, 6:45 PM • GlobeNewswire

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Veritone, Inc. - VERI

Pomerantz LLP announced investigations into potential securities fraud at Veritone, BayCom, and CarMax. Veritone disclosed on April 14, 2026 that its financial statements for Q3 2025 should not be relied upon due to five categories of errors that reduced quarterly revenue by $2.48 million (8.53%). The disclosure triggered an 8.33% stock price decline to $2.09 per share on April 15, 2026.

04/28/2026, 6:39 PM • GlobeNewswire

Peers

Statistics

More
Day Range
$54.18
$55.75
$54.87
1-Year Range
$30.88
$65.20
$54.87
Latest Close$54.87
Change
+$1.38 (+2.52%)
Volume3,264,614
Market Cap$7.6B
Shares Outstanding141.9M
P/E (TTM)34.84
Diluted EPS (TTM)$1.54
Enterprise Value$9.5B

Information as of 07/13/2026

Company Profile

$7.6B
Market Cap
$222.5M
Net Income
Sector: Consumer Cyclical
Industry: Auto & Truck Dealerships
12800 Tuckahoe Creek Parkway, Richmond, VA, United States, 23238
804 747 0422

CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles and related products in the United States. The company 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; wholesale auctions; extended protection plans to customers at the time of sale; and reconditioning and vehicle repair services. The CarMax Auto Finance segment provides financing alternatives for retail customers across a range of credit spectrum and arrangements with various financial institutions. The company was founded in 1993 and is based in Richmond, Virginia.

Key Executives

  • Keith Barr
  • Thomas Joseph Folliard
  • Enrique N. Mayor-Mora
  • Charles Joseph Wilson
  • Diane Long Cafritz

Current Ownership Distribution

  • Institutions3.0B (78.28%)
  • Mutual Funds822.0M (21.63%)
  • Insiders3.4M (0.09%)
  • Other0 (0.00%)