KMX Stock Summary and Trading Ideas (Carmax | NYSE:KMX)

CarMax sells, finances, and services used and new cars through a chain of over 250 used retail stores. It was formed in 1993 as a unit of Circuit City and spun off into an independent company in late 2002. Used-vehicle sales were 83% of fiscal 2025 revenue and wholesale about 17%, with the remaining portion composed of extended service plans and repair. In fiscal 2025, the company retailed and wholesaled 789,050 and 544,312 used vehicles, respectively. CarMax is the largest used-vehicle retailer in the US but still estimates that it had only about 3.7% US market share of vehicles 0-10 years old in calendar 2024. It seeks over 5% share. CarMax is based in Richmond, Virginia.

Carmax trades on the NYSE stock market under the symbol KMX.

As of January 23, 2026, KMX stock price declined to $46.29 with 2,086,307 million shares trading.

KMX has a beta of 0.76, meaning it tends to be less sensitive to market movements. KMX has a correlation of 0.06 to the broad based SPY ETF.

KMX has a market cap of $6.56 billion. This is considered a Mid Cap stock.

Last quarter Carmax reported $6 billion in Revenue and $.51 earnings per share. This beat revenue expectation by $123 million and exceeded earnings estimates by $.19.

In the last 3 years, KMX traded as high as $91.25 and as low as $30.26.

The top ETF exchange traded funds that KMX belongs to (by Net Assets): IJR, VTI, VB, IJS, VBR.

KMX has underperformed the market in the last year with a return of -43.5%, while SPY returned +14.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in KMX shares. However, KMX has outperformed the market in the last 3 month and 2 week periods, returning +7.4% and +2.3%, while SPY returned +2.9% and -0.7%, respectively. This indicates KMX has been having a stronger performance recently.

KMX support price is $46.63 and resistance is $49.03 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KMX shares will trade within this expected range on the day.