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RICHMOND, VA, Oct. 20, 2026 (GLOBE NEWSWIRE) -- CarMax (NYSE: KMX) has been named as one of the 2026 Fortune Best Workplaces in Retail™ for the 12th consecutive year, ranking #6 in the large company category. This award underscores CarMax’s commitment to creating a workplace where associates feel valued and supported, empowering them to grow, contribute, and do their best work. Key Facts Company: CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used vehicles, headquartered in Richmond,

Bank of America issued a double upgrade on CarMax after an FTC pricing rule and strong Q2 FY2027 earnings boosted the used car retailer, though shares have since pulled back from August highs.
CarMax recently attracted attention after cost cuts and tighter price transparency made its used vehicle offering more competitive, with recent fiscal Q2 used unit comparable store performance reported as stronger than several peers. The business now combines sharper upfront pricing with an upcoming November 3 strategy update. This update is expected to detail further cost initiatives and points to a focus on unit economics rather than headline volumes. We will now look at how CarMax's...

CarMax has delivered a mix of strong and weak stretches for shareholders over the past few years, which puts fresh attention on a simple question for today’s buyers. Is the current US$53.33 share price properly supported by the earnings power of the used car retailer. The stock has fallen 62.8% over the past 5 years, which makes the current valuation debate far more about what the business is earning today than about past share price momentum. Recent updates highlighted stronger revenue and...
Shares of used automotive vehicle retailer Carmax (NYSE:KMX) jumped 4% in the afternoon session after BofA Securities upgraded the stock to Buy from Underperform and raised its price target to $65 from $50. According to TheFly, the analyst said Federal Trade Commission enforcement of price transparency, together with CarMax’s own pricing work, has made the company the most price-competitive it has been in years. The firm sees the Nov. 3 strategy update as a near-term catalyst. According to Inves

Bank of America has upgraded CarMax Inc (NYSE:KMX), the US used-car retailer, to 'buy' from 'underperform' and raised its price target to $65 from $50 as improving price competitiveness drives market share gains. The bank expects enforcement of the Federal Trade Commission’s (FTC)...
CarMax (KMX) is at its "most price-competitive" in years, driven by cost cuts and the enforcement of

CarMax (KMX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

On September 29, CarMax, Inc. (NYSE:KMX) reported results for the second quarter of fiscal 2027 ended August 31, 2026. The company delivered a stronger-than-expected quarter as higher vehicle sales and controlled expenses drove earnings. The company reported revenue of $7.9 billion, up 19.5% year-over-year. Combined retail and wholesale unit sales increased 14.7%, while net earnings […]

A combination of changes including sourcing more cars from customers, boosting captive financing, and revising warranty and service offerings, have helped the used-car retail giant cut costs.
The stock has tumbled, but things are looking up.

RICHMOND, Va., September 30, 2026--CarMax, Inc. (NYSE:KMX) will host a Strategic Update webcast on Tuesday, November 3, 2026, beginning at 8:00 a.m. ET and concluding at approximately 9:30 a.m. ET.

CarMax (KMX) fiscal Q2 results showed another solid quarter with comparable used-vehicle sales momen

UBS analyst Joseph Spak maintains CarMax (NYSE:KMX) with a Neutral and raises the price target from $57 to $62.

CEO Keith Barr discusses unit sales growth and SG&A savings progress.

RBC Capital analyst Steven Shemesh maintains CarMax (NYSE:KMX) with a Sector Perform and raises the price target from $45 to $56.





KMX Q2 earnings beat estimates as strong unit sales, pricing and CAF growth lift results, while cost control supports margins.

Baird analyst Craig Kennison maintains CarMax (NYSE:KMX) with a Outperform and raises the price target from $64 to $70.
