CarMax (NYSE:KMX – Get Free Report) had its target price hoisted by stock analysts at Truist Financial from $72.00 to $74.00 in a report issued on Monday, Benzinga reports.

I fully exited CarMax, Inc. (NYSE:KMX) after several years in which the share price stagnated while peers such as Carvana captured most of the market’s enthusiasm.

CarMax shares fell 4.8% to trade at $65.27 on Monday. These analysts made changes to their price targets on CarMax following earnings announcement.

CarMax, Inc. (NYSE:KMX) ranks among the best cyclical stocks to buy now. On June 23, RBC Capital maintained its Outperform rating on CarMax, Inc. (NYSE:KMX), but increased its price target to $81 ...

However, CarMax said that the average selling price for used vehicles was $26,120, down 1.5% from a year before.

CarMax sells more vehicles in Q1, driving profits up despite lower car prices Jun. 20, 2025 8:35 AM ET CarMax, Inc. (KMX) Stock By: Amy Thielen, SA News Editor Play (2min) JHVEPhoto ...

CarMax KMX 0.55% logged higher profit and sales in its latest quarter as tariff uncertainty sparked an uptick in demand for used cars. Demand began picking up at the end of March and continued to ...

CarMax’s used-vehicle sales have registered their fastest growth since 2021 By James Rogers Follow Last Updated: June 20, 2025 at 11:34 a.m. ET First Published: June 20, 2025 at 7:09 a.m. ET ...