KMX

CarMax's stock price increased by 23.38% over the last 12 months and 43.37% year-to-date, but decreased by 12.43% in the past month. As of October 2, 2026, the share price was $54.92, up 17.33% from October 6, 2025. On September 29, 2026, CarMax announced strong Q2 FY2027 earnings, with total net revenues up 19.5% year-over-year to $7.9 billion and net earnings up 73.3% to $165.3 million, driven by increased sales from customer sourcing, captive financing, and revised warranty offerings. However, high used vehicle prices and average auto loan APRs of 15.9% are limiting middle-market buyers, leading to slower inventory turnover and a range-bound outlook for the shares, with analysts having a median target of $56.73.