Is Wall Street Bullish or Bearish on CarMax Stock?

CarMax, Inc. (KMX), headquartered in Richmond, Virginia, operates as a retailer of used vehicles and related products. With a market cap of $10.3 billion, the company offers used cars, vans, electric vehicles, and light trucks, as well as provides rental, maintenance, post warranty repairs, mechanical and painting work, diagnosis insurance, valuation, and security services. 

Shares of used car giant have underperformed the broader market over the past year. KMX has declined 7.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 12.5%. In 2025, KMX stock is down 17.8%, compared to the SPX’s 1.3% rise on a YTD basis.