CarMax (KMX) – Investment Analysts’ Weekly Ratings Changes

Several analysts have recently updated their ratings and price targets for CarMax (NYSE: KMX):

• 4/15/2026 – CarMax had its “sector perform” rating reaffirmed by Royal Bank Of Canada. They now have a $41.00 price target on the stock.
• 4/15/2026 – CarMax had its price target raised by JPMorgan Chase & Co. from $28.00 to $35.00. They now have an “underweight” rating on the stock.
• 4/15/2026 – CarMax is now covered by Bank of America Corporation. They set an “underperform” rating and a $40.00 price target on the stock.
• 4/10/2026 – CarMax was given a new $45.00 price target by Evercore Inc.
• 4/8/2026 – CarMax had its “sell (d)” rating reaffirmed by Weiss Ratings.
• 4/4/2026 – CarMax was upgraded by Wall Street Zen from “sell” to “hold”.
• 4/2/2026 – CarMax had its price target raised by Stephens from $39.00 to $43.00. They now have an “equal weight” rating on the stock.
• 3/14/2026 – CarMax was downgraded by Wall Street Zen from “hold” to “sell”.
• 2/22/2026 – CarMax was upgraded by Wall Street Zen from “sell” to “hold”.
• 2/18/2026 – CarMax had its price target raised by Robert W. Baird from $44.00 to $48.00. They now have an “outperform” rating on the stock.

CarMax (NYSE: KMX) is a leading retailer of used vehicles in the United States, offering customers a streamlined, no-haggle purchasing experience. The company’s inventory spans a broad range of makes and models, each of which undergoes a comprehensive inspection process before being offered for sale. Customers can shop in person at CarMax’s retail locations or browse the company’s online platform, which provides detailed vehicle histories, virtual tours and contactless purchasing options.

Originally launched in 1993 as a division of Circuit City, CarMax became an independent, publicly traded company in 1997.