CarMax (KMX) Projected to Post Quarterly Earnings on Tuesday

CarMax (NYSE:KMX) will likely be releasing its Q2 2027 results before the market opens on Tuesday, September 29th. Analysts expect CarMax to announce earnings of $0.7270 per share and revenue of $7.0882 billion for the quarter. Parties may review the information on the company’s upcoming Q2 2027 earning report page for the latest details on the call scheduled for Tuesday, September 29, 2026 at 8:00 AM ET.

CarMax Price Performance

CarMax stock opened at $57.24 on Monday. CarMax has a 12-month low of $30.26 and a 12-month high of $65.28. The firm’s 50-day moving average is $59.51 and its two-hundred day moving average is $49.98. The stock has a market capitalization of $8.12 billion, a P/E ratio of 37.41, a P/E/G ratio of 2.62 and a beta of 1.17. The company has a debt-to-equity ratio of 2.87, a current ratio of 2.70 and a quick ratio of 0.82.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on KMX shares. Barclays upgraded CarMax from an “underweight” rating to an “equal weight” rating and raised their price objective for the stock from $37.00 to $61.00 in a report on Tuesday, July 21st. Robert W. Baird lifted their price objective on CarMax from $48.00 to $55.00 and gave the company an “outperform” rating in a research note on Thursday, June 18th. Weiss Ratings upgraded CarMax from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, July 20th. Royal Bank Of Canada increased their target price on shares of CarMax from $41.00 to $45.00 and gave the stock a “sector perform” rating in a research report on Thursday, June 18th. Finally, Wall Street Zen raised shares of CarMax from a “sell” rating to a “hold” rating in a research note on Saturday, June 13th. Two research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, CarMax has a consensus rating of “Reduce” and an average price target of $53.15.

CarMax Company Profile

CarMax, Inc is a specialty retailer of used vehicles and one of the largest automotive retailers in the United States. The company sells a broad selection of used cars, trucks and sport utility vehicles through its retail locations and online platform. CarMax also purchases vehicles from consumers and other sources, providing customers with a streamlined alternative to traditional private-party sales.

In addition to retail sales, CarMax operates wholesale vehicle auctions for vehicles that do not meet its retail standards or business requirements.