Barclays Reaffirms Their Sell Rating on CarMax (KMX)
Barclays analyst John Babcock maintained a Sell rating on CarMax today and set a price target of $28.00.
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According to TipRanks, Babcock is a 4-star analyst with an average return of 16.2% and a 59.76% success rate. Babcock covers the Consumer Cyclical sector, focusing on stocks such as Asbury, Carvana Co, and CarMax.
Currently, the analyst consensus on CarMax is a Hold with an average price target of $34.00.
Based on CarMax’s latest earnings release for the quarter ending November 30, the company reported a quarterly revenue of $6.24 billion and a net profit of $62.22 million. In comparison, last year the company earned a revenue of $6.69 billion and had a net profit of $125.44 million
Read More on KMX:
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- CVNA, KMX: Car Purchases Prop Up U.S. Retail Sales during Holiday Season
- Maintaining Hold on CarMax Amid Strategic Transition, Leadership Uncertainty, and Turnaround Risk
- Carvana vs. CarMax: Which Used Car Retailer Stock Is Best Buy for 2026?
- CarMax price target raised to $37 from $34 at RBC Capital
- CarMax price target raised to $37 from $35 at Truist
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