CARMAX INC
CarMax is a used vehicle retailer that sells vehicles and related products and services to consumers, buys used vehicles from consumers and dealers, and operates wholesale auctions for licensed dealers. Its CarMax Sales Operations segment handles vehicle merchandising, service and financing arrangements; its CarMax Auto Finance segment provides and services auto loans for customers buying retail vehicles from CarMax. CarMax sells extended protection plans on behalf of third parties and earns fees from third-party finance providers under pre-negotiated arrangements. Customers can shop online, in stores or through a combination of both, and buy at no-haggle prices. CarMax also offers appraisals, vehicle transfers, reconditioning and repair services, and wholesale vehicle auctions. It operates 256 used car stores in 110 U.S. television markets. Its home office is in Richmond, Virginia.
No SEC Form 4 filings for $KMX in the last 30 days.
See all $KMX insider activity →Five companies settled with activist investors to avoid proxy battles. Lululemon (LULU) agreed with Chip Wilson, appointing his nominees. Norwegian Cruise Line (NCLH) added new directors. DexCom (DXCM) and CarMax (KMX) also reached settlements. Elliott Investment Management was involved in multiple cases. Settlements increased 15% in 2024, with 89% of activist board gains settled in 2025.
JP Morgan kept CarMax at Neutral but reduced its price target to $65 from $70, a 7.1% cut. This implies a 21.8% upside from the Nov 3 close of $53.38.
Mizuho raised its price target for CarMax (KMX) to $50, citing strategic updates and cost-cutting measures. The stock has surged 45% in six months, currently trading at $53.38. CarMax reported strong Q2 earnings, beating estimates, and received upgrades from BofA and UBS, with new targets of $65 and $62 respectively.
Over the past 7 days, AlphAI's AI scored 1 news story mentioning KMX (CARMAX INC). Coverage has skewed bullish: 1 bullish, 0 neutral, and 0 bearish.
Recent KMX coverage spans financial news, earnings and corporate actions.
Settlement removes a potential proxy challenge and supports recent outperformance.
Analyst downgrade suggests near-term downside pressure on CarMax.
Analyst upgrades and higher price targets suggest the stock may face downward pressure as it trades above the new targets, but could also attract buying on perceived undervaluation.
The plan implies a near-term earnings headwind from upfront credit-loss reserves, followed by accelerating CAF growth and higher EPP profitability into 2030.
Guidance suggests stronger growth and profitability, likely supporting a positive price bias.
AlphAI scores every news story that mentions KMX with an AI model for sentiment and relevance, and aggregates insider trades from CARMAX INC's SEC EDGAR Form 4 filings. Figures refresh continuously.
Five companies settled with activist investors to avoid proxy battles. Lululemon (LULU) agreed with Chip Wilson, appointing his nominees. Norwegian Cruise Line (NCLH) added new directors. DexCom (DXCM) and CarMax (KMX) also reached settlements. Elliott Investment Management was involved in multiple cases. Settlements increased 15% in 2024, with 89% of activist board gains settled in 2025.
JP Morgan kept CarMax at Neutral but reduced its price target to $65 from $70, a 7.1% cut. This implies a 21.8% upside from the Nov 3 close of $53.38.
Mizuho raised its price target for CarMax (KMX) to $50, citing strategic updates and cost-cutting measures. The stock has surged 45% in six months, currently trading at $53.38. CarMax reported strong Q2 earnings, beating estimates, and received upgrades from BofA and UBS, with new targets of $65 and $62 respectively.
CarMax (KMX) aims for mid-teens EPS growth through 2030 via its GEAR plan, focusing on inventory management, digital operations, and AI. It is expanding CarMax Auto Finance (CAF) into tier-two lending, targeting 40% of tier-two volume by 2030. The company expects CAF income to decline slightly in 2027 and 2028 before accelerating. CarMax also targets $200M in annualized savings by 2027 and plans $500M annual capital expenditures from 2028.
CARMAX INC (KMX) filed an SEC Form 8-K — Regulation FD Disclosure. CarMax Outlines Strategy to Strengthen Core Operations and Deliver Robust Growth Highlights plan to improve the customer offering and experience, increase value per transaction, and lower costs Targets mid-single-digit used retail unit CAGR and mid-teens adjusted EPS CAGR through
CarMax appointed Darren W. Woodell as Vice President, Controller, and Chief Accounting Officer, effective November 11, 2026. He will take over principal accounting officer responsibilities from Enrique N. Mayor-Mora, who remains CFO. Woodell, 50, previously held similar roles at Genworth and has experience at Lumber Liquidators and Ernst & Young.
CARMAX INC (KMX) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On October 19, 2026, CarMax, Inc. (the “Company”) appointed Darren W. Woodell as Vice President, Controller and Chief Accoun
Analysts are discussing five stocks: Netflix (NFLX) with a Buy rating and $85 target, CarMax (KMX) upgraded to Buy with a $65 target, Workday (WDAY) downgraded to Hold, Wave Life Sciences (WVE) initiated with a Buy rating and $8.37 valuation, and FTAI Aviation (FTAI) with a Buy rating and $305 target.
CarMax Inc. shares rose 1.35% to $53.33 on Friday, outperforming broader market declines. The S&P 500 and Dow Jones fell 1.09% and 0.34%, respectively. This marks the company's second straight day of gains.
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