Carmax Inc (KMX) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Carmax Inc (KMX) stock forecast summary
Our AI ranks Carmax Inc outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Carmax Inc is a mid-cap company with a market capitalization of $7.57B. It ranks number 6 by market capitalization among the 18 Retail-Auto Dealers & Gasoline Stations issuers in our coverage with a current forecast. Its Gross Margin of 10.3% is the lowest of the 14 peers that report one.
For KMX, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 49.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 40.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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How KMX ranks among 5184 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Carmax Inc (KMX) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Retail-Auto Dealers & Gasoline Stations peers listed below that report each metric.
Valuation & Market
| Metric | KMX | Rank |
|---|---|---|
| Market Cap | $7.57B | 6/18 |
| P/E Ratio | 25.04x | 3/12 |
| P/B Ratio | 1.20x | 13/16 |
| EPS | $2.13 | – |
| Book Value/Share | $44.42 | – |
| Revenue/Share | $194.67 | – |
| FCF/Share | $8.07 | – |
Profitability & Margins
| Metric | KMX | Rank |
|---|---|---|
| Gross Margin | 10.3% | 14/14 |
| EBT Margin | 1.6% | 13/17 |
| Tax Rate | 35.7% | – |
Financial Health
| Metric | KMX | Rank |
|---|---|---|
| Current Ratio | 2.33x | 3/15 |
| Quick Ratio | 0.57x | 4/14 |
| D/E Ratio | 3.13x | 6/17 |
| Financial Leverage | 4.13x | 5/14 |
| Working Capital | $2.91B | 3/14 |
Cash Flow
| Metric | KMX | Rank |
|---|---|---|
| Operating Cash Flow | $1.60B | 2/17 |
| Free Cash Flow | $1.15B | 2/14 |
| Capital Spending | -$453M | 13/14 |
| OCF Growth YoY | 32.4% | 4/13 |
| FCF Growth YoY | -41.2% | 8/11 |
| FCF/Sales | 4.2% | 5/13 |
| CapEx/Sales | 1.6% | 6/13 |
Operational Efficiency
| Metric | KMX | Rank |
|---|---|---|
| Asset Turnover | 1.06x | 9/12 |
| Receivables Turnover | 123.0x | 1/12 |
| Inventory Turnover | 6.4x | 6/13 |
| Fixed Assets Turnover | 6.8x | 11/15 |
| Days Sales Outstanding | 3 days | 12/12 |
| Days Inventory | 57 days | 8/13 |
| Payables Period | 15 days | 5/11 |
| Cash Conversion Cycle | 45 days | 7/8 |
Income Statement
| Metric | KMX | Rank |
|---|---|---|
| Total Revenue | $27.63B | 3/15 |
| SG&A Expense | $2.46B | 6/13 |
| Cost of Goods Sold | $24.78B | 3/14 |
Dividend & Shareholder Information
| Metric | KMX | Rank |
|---|---|---|
| Shares Outstanding | 142M | – |
| EPS Growth | -51.4% | 10/11 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $5.11B | 19.6% of assets |
| Cash & Short-term Investments | $171M | 0.7% of assets |
| Accounts Receivable | $225M | 0.9% of assets |
| Inventory | $3.85B | 14.8% of assets |
| Total Liabilities | $19.76B | 75.8% of assets |
| Short-term Debt | $1.20B | 4.6% of assets |
KMX quarterly financials and insider trading
Carmax Inc (KMX) industry peers
Companies classified under the same SEC industry code as Carmax Inc (Retail-Auto Dealers & Gasoline Stations): 18 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| KMX Carmax Inc | ▲ | $7.57B |
| CVNA Carvana Co. | ▲ | $64.74B |
| CPRT Copart Inc | ▲ | $25.82B |
| CASY Caseys General Stores Inc | ▶ | $25.47B |
| PAG Penske Automotive Group, Inc. | ▶ | $13.95B |
| MUSA Murphy Usa Inc. | ▼ | $10.07B |
| LAD Lithia Motors Inc | ▲ | $6.49B |
| AN Autonation, Inc. | ▲ | $5.35B |
| RUSHA Rush Enterprises Inc \Tx\ | ▲ | $5.29B |
| OPLN Openlane, Inc. | ▼ | $4.55B |
| ABG Asbury Automotive Group Inc | ▲ | $3.05B |
| GPI Group 1 Automotive Inc | ▲ | $2.89B |
| SAH Sonic Automotive Inc | ▲ | $2.01B |
| CWH Camping World Holdings, Inc. | ▲ | $466M |
| KXIN Kaixin Holdings | ▼ | $75M |
| VRM Vroom, Inc. | ▲ | $47M |
| NXXT Nextnrg, Inc. | ▼ | $10M |
| CRMT Americas Carmart Inc | ▶ | $9M |
Where KMX sits on the market map
Carmax Inc (KMX) stock news
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Carmax Inc (KMX) stock forecast FAQ
What is the Carmax Inc (KMX) stock forecast?
Our AI ranks Carmax Inc outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Carmax Inc stock predictions?
For KMX, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 49.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 40.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Carmax Inc forecasts updated?
Carmax Inc forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Carmax Inc's industry peers?
18 issuers in our coverage, KMX included, share the SEC industry code Retail-Auto Dealers & Gasoline Stations. The largest are: Carvana Co. (CVNA), Copart Inc (CPRT), Caseys General Stores Inc (CASY), Penske Automotive Group, Inc. (PAG), Murphy Usa Inc. (MUSA), Lithia Motors Inc (LAD).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.