Stocklytics Platform
Asset logo for symbol KMX
CarMax
KMX58
$79.39arrow_drop_up0.44%$0.35
S&P500
Asset logo for symbol KMX
KMX58

$79.39

arrow_drop_up0.44%

AI Deep-Learning Forecast (KMX)

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.
add CarMax  to watchlist

Keep an eye on CarMax

Adding the right stocks to your watchlist can provide valuable insights and opportunities for strategic decision-making.

Frequently Asked Questions

search
help

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 32.26% and a decrease of -37.02% from the current price of $79.39. These forecasts are as of 2023 Sep 29.
help

What are the analyst ratings for CarMax (KMX) stock?

The analyst ratings for CarMax (KMX) are distributed as follows: 7 analysts recommend buying, 8 have a neutral stance, and 2 suggest selling. The prevailing sentiment among the total of 17 analysts leans towards a neutral rating. These ratings indicate the general sentiment among the analysts covering CarMax .
help

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

The AI price prediction model, leveraging machine-learning techniques, forecasts that CarMax (KMX) stock could reach $85.32 by 2024 Sep 30. This prediction indicates a potential price change of 7.47%. The forecast has a lifetime of 30 days, culminating on the target date provided. The prediction was made on 2024 Sep 09.

Sign up for our newsletter

Join our exclusive community of over one million investment enthusiasts and receive our free newsletter filled with analysis, news, and updates every weekday.

Take Your Investments to a Whole New Level

Stocklytics Platform

© 2024 Stocklytics.com All rights reserved.

Stocklytics.com is not a financial advisor, and all data and information provided on this website are for informational purposes only. The content on Stocklytics.com is not intended to be a substitute for professional financial advice. Investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions. Stocklytics.com makes no representations or warranties regarding the accuracy, completeness, or suitability of any information provided and is not liable for any errors or omissions, or for any losses incurred as a result of reliance on the information provided on this website.

Stocklytics Discord public channelStocklytics X Social Media