CarMax Stock: Is Wall Street Bullish or Bearish?

Richmond, Virginia-based CarMax, Inc. (KMX) is the largest retailer of used vehicles in the U.S. and one of the nation's largest operators of wholesale vehicle auctions. With a market cap of $12.5 billion, CarMax operates through Sales Operations and Auto Finance segments.

The used vehicle retailer has underperformed the broader market over the past year. Over the past 52 weeks, KMX is down 2.6%, lagging behind the S&P 500 Index’s ($SPX) 28.3% returns. In 2024, KMX is up 4.7% compared to SPX’s 17.6% gains on a YTD basis.