CarMax, Inc. (NYSE: KMX) is the largest used vehicle retailer in the United States, headquartered in Richmond, Virginia. Founded in 1993 as a subsidiary of Circuit City, CarMax has grown to operate over 250 retail locations across 41 states. The company operates through two main segments: CarMax Sales Operations, which handles the buying and selling of used vehicles, and CarMax Auto Finance, which provides financing options to customers. CarMax's business model emphasizes a no-haggle pricing strategy and a customer-centric approach, offering services such as a 125-point vehicle inspection, extended protection plans, and a 10-day money-back guarantee. In fiscal year 2025, CarMax reported revenue of $26 billion and sold approximately 1.3 million vehicles. The company has also invested in digital platforms to enhance its online and in-person customer experiences. CarMax Investors+5Investing.com+5StockAnalysis+5Wikipedia+2Wikipedia+2Wikipedia+2Wikipedia+2Reuters+2StockAnalysis+2CarMax Investors
52-Week Stock Performance:
- 52-Week High: $91.25 (achieved on December 19, 2024)
- 52-Week Low: $61.34 Macrotrends+9MarketWatch+9MarketWatch+9Barron's+6Investing.com+6MarketWatch+6
Analyst Ratings:
As of the latest data, 14 Wall Street analysts have provided ratings for CarMax:MarketBeat+2MarketBeat+2Barron's+2
- Buy: 7 analysts
- Hold: 3 analysts
- Sell: 3 analysts
- Strong Buy: 1 analystMarketWatchInvestor's Business Daily+2Benzinga+2Wikipedia+2
The consensus rating is "Hold," with an average price target of $85.82, suggesting a potential upside of approximately 33% from the current stock price. MarketBeat+1Barron's+1
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