Wedbush slashes price target on Carmax Inc [KMX] – find out why.

MAR Stock

Carmax Inc [NYSE: KMX] closed the trading session at $3910000.0 on 2025-06-25. The day’s price range saw the stock hit a low of $67.47, while the highest price level was $69.475.

The stocks have a year to date performance of -5.77 percent and weekly performance of 4.76 percent. The stock has been moved at -19.86 percent over the last six months. The stock has performed 8.40 percent around the most recent 30 days and changed -9.10 percent over the most recent 3-months.

If compared to the average trading volume of 3.91M shares, KMX reached to a volume of 4196394 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Carmax Inc [KMX]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KMX shares is $79.93 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on KMX stock is a recommendation set at 2.05. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Wedbush have made an estimate for Carmax Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on May 19, 2025. While these analysts kept the previous recommendation, Stephens raised their target price from $86 to $90. The new note on the price target was released on March 26, 2025, representing the official price target for Carmax Inc stock. Previously, the target price had yet another raise from $90 to $110, while Evercore ISI kept a Outperform rating on KMX stock.

The Price to Book ratio for the last quarter was 1.62, with the Price to Cash per share for the same quarter was set at 5.56. Price to Free Cash Flow for KMX in the course of the last twelve months was 19.01 with Quick ratio for the last quarter at 0.80.

KMX stock trade performance evaluation

Carmax Inc [KMX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.76. With this latest performance, KMX shares gained by 8.40% in over the last four-week period, additionally sinking by -19.86% over the last 6 months – not to mention a drop of -17.44% in the past year of trading.

Carmax Inc [KMX]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Carmax Inc [KMX] shares currently have an operating margin of -0.43% and a Gross Margin at 10.18%. Carmax Inc’s Net Margin is presently recorded at 2.08%.

Return on Equity for this stock inclined to 2.04%, with Return on Assets sitting at 2.04%.

Carmax Inc [KMX]: Institutional Ownership

There are presently around $110.17%, or 110.60% of KMX stock, in the hands of institutional investors. The top three institutional holders of KMX stocks are: VANGUARD GROUP INC with ownership of 18.28 million shares, which is approximately 11.629%. BLACKROCK INC., holding 11.16 million shares of the stock with an approximate value of $$818.52 million in KMX stocks shares; and BLACKROCK INC., currently with $$614.95 million in KMX stock with ownership which is approximately 5.3353%.

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