CarMax, Inc. (KMX)
NYSEConsumer DiscretionaryAuto - DealershipsSnapshot 2026-11-04
$55.14+3.30%
Close 2026-11-04 · 1-day change
NYSEConsumer DiscretionaryAuto - DealershipsSnapshot 2026-11-04
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Put KMX beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Consumer Discretionary is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar under pressure — Achieve $200 million SG&A expense reductions by FY27: Direct metric needs a verified mapping.
View ThesisRevenue is growing steadily — about 5% over the past year.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityMiddle-of-the-pack management execution.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationModerate volatility — typically moves about 2% a day.
View RiskCarMax's used-car sales growth has to keep compounding to justify the price. Revenue grew 19.5% year over year in the latest quarter. The company also beat earnings estimates by 73.1%. It trades at 17 times earnings versus a 16 times peer median. The price reflects less growth than we forecast. The $200 million expense reduction target needs a verified mapping. The thesis comparison is not yet verified. Peer multiples imply a price about 9% above where it trades. The thesis is on watch. This read is provisional.
Trailing returns as of 2026-11-04. KMX is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 20 analysts currently covering KMX (as of Nov 2026).
Based on 8 Wall Street analysts offering 12-month price targets for KMX in the last 4 months.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
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| KMX Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 10 valuation methods, at three horizons. As of 2026-11-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Automotive Retail — fair value, gap to price, and forward P/E.
Compare the value case
Put KMX next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Execute four-pillar strategic growth framework
Official transcript confirms strategic framework execution.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-11-04. EPS is implied from price ÷ P/E. Not investment advice.
Current $55.14
The last 12 months of price, then the range of analyst 12-month targets from today’s $55.14.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Bottom 25% on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Advances: Strengthen CarMax Auto Finance profitability and penetration
Expands finance penetration to lower credit segments.
Upgrade indicates improved market sentiment and outlook.
Advances: Execute four-pillar strategic growth framework
Strong unit sales and CAF growth support strategic growth framework.
Advances: Prudent capital allocation with share repurchase readiness
Resumption of share repurchases aligns with capital allocation goals.
Advances: Strengthen CarMax Auto Finance profitability and penetration
Higher profits and revenue boost CarMax Auto Finance profitability.
Advances: Achieve $200 million SG&A reductions by FY27
Higher profits support SG&A reduction objective.
Advances: Execute four-pillar strategic growth framework
Earnings and revenue beat aligns with growth objectives.
