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Asset logo for symbol KMX
CarMax
KMX57
$79.57arrow_drop_up1.36%$1.06
S&P500
Asset logo for symbol KMX
KMX57

$79.57

arrow_drop_up1.36%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

CarMax (KMX) Stocklytics Forecast

CarMax Inc (NYSE: KMX) is a leading automotive retailer in the United States. The company specializes in the sale of used cars and related services. With a strong market presence and a reputation for providing quality vehicles, CarMax has become a trusted name among car buyers. As investors look ahead to the future, many are curious about the stock's potential and what the forecasts indicate. While projections can never be guaranteed, analysts and artificial intelligence (AI) models can provide some insights. According to AI predictions, CarMax's stock price is expected to experience growth in the coming years.
The machine learning algorithms used to generate these predictions take into account various factors, such as historical stock performance, market trends, and company financials. Based on these inputs, the AI models generate forecasts that can help investors make informed decisions. CarMax's stock price forecast for 2023 indicates potential upward movement. Although the exact figures may vary, the projections suggest that the stock could reach a higher value compared to its current price. However, it's important to note that these predictions are not guarantees and should be used as one of several tools in the investment decision-making process.
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Frequently Asked Questions

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What is the analyst price prediction for CarMax (KMX) stock?

Analysts have set a target price of $80.4 for CarMax (KMX), based on forecasts from 30 analysts. The predicted price range extends from a high of $105 to a low of $50. This represents a potential increase of up to 31.96% and a decrease of -37.16% from the current price of $79.57. These forecasts are as of 2023 Sep 29.
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What are the analyst ratings for CarMax (KMX) stock?

The analyst ratings for CarMax (KMX) are distributed as follows: 9 analysts recommend buying, 7 have a neutral stance, and 3 suggest selling. The prevailing sentiment among the total of 19 analysts leans towards a buy rating. These ratings indicate the general sentiment among the analysts covering CarMax .
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What is the AI price prediction for CarMax (KMX) stock?

At present, there is no AI or machine-learning-based price prediction available for CarMax (KMX) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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