Investment activity in
CarMax, Inc. (KMX) has been dynamic, with several entities increasing or reducing their stakes.
Sivia Capital Partners, Strs Ohio, Woodline Partners, and Amundi notably increased their shares. Conversely,
Eldred Rock Partners, Vident Advisory, and Needham Investment Management have reportedly sold shares. Amid a fair bit of
quarterly earnings anticipation and notable
stock volatility, general consensus from analysts like
JP Morgan, Stephens, and William Blair appears to be positive with
price target revisions and buy/hold ratings. Despite this, there are concerns regarding
growth rates, returns on capital, and uninspiring ROE. CarMax's
digital-first brand strategy and new 'Wanna Drive?' tagline showcased innovation in the used car market, further accentuated by the company's robust
Q1 2026 earnings call highlighting strong sales and record retail gross profit. However, potential investors might want to note the company's
withdrawn long-term growth target timelines amidst economic uncertainty.
Carmax KMX News Analytics from Tue, 11 Mar 2025 07:00:00 GMT to Sun, 21 Sep 2025 00:03:04 GMT -
Rating 0
- Innovation 4
- Information 4
- Rumor -5
