Analyst Price Target is $87.73
▲ +32.34% Upside Potential
This price target is based on 14 analysts offering 12 month price targets for CarMax in the last 3 months. The average price target is $87.73, with a high forecast of $105.00 and a low forecast of $65.00. The average price target represents a 32.34% upside from the last price of $66.29.
Current Consensus is
Hold
The current consensus among 14 contributing investment analysts is to hold stock in CarMax. This rating changed within the last month from a Moderate Buy consensus rating.
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. 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.
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