CarMax, also known as NYSE:KMX, has experienced some significant fluctuations recently. Over the past five years, the company has seen a loss of US$
669m, with both company earnings and investor returns trending downwards. Despite this, analysts have stated that CarMax is 'Well-Positioned' for upcoming tariffs. While some reports suggest a
bullish case theory or states that CarMax is potentially one of the best car stocks to buy in 2025, there is also a shed of skepticism. Insiders and Hedge Fund activity have been noticed around CARMAX, and phrases like 'Macro Uncertainty' have been thrown around. The company's
earnings have consistently been a topic of discussion, with various reports meeting or missing expectations. The reaction to the results varied as some believe it underperformed the consumer
cyclical sector, whereas others saw it as a strong value stock despite the economic uncertainty. Additionally, CarMax also saw profit rises from higher revenues from retail used vehicles. Despite hitting a 52-week low at $57.48, analysts remain positive with Evercore ISI maintaining a buy rating with an $85 target price.
Carmax KMX News Analytics from Thu, 19 Dec 2024 08:00:00 GMT to Sat, 02 Aug 2025 01:13:22 GMT -
Rating 3
- Innovation 2
- Information 4
- Rumor 4