Prev Arrow Stocks

CarMax Inc ($KMX) Stock Forecast: Up 7.5% Today

Morpher AI identified a bullish signal. The stock price may continue to rise based on the momentum of the good news.

What is CarMax Inc?

CarMax (KMX) is a well-known retailer of used vehicles in the United States, offering a wide range of cars and trucks to customers looking for quality pre-owned vehicles. The company has a strong presence in the automotive market and is known for its customer-centric approach.

Why is CarMax Inc going up?

KMX stock is up 7.5% on Jan 14, 2026 14:51

  • CarMax (KMX) experienced a strong bullish movement today.
  • The bullish trend could be attributed to the company's strategic decisions to optimize operations and resources, as highlighted in the consolidation of multiple locations into higher-performing dealerships.
  • Additionally, positive news in the automotive industry, such as the upgrade of a competitor by Loop Capital, may have positively influenced investor sentiment towards CarMax.
  • The ongoing securities investigation urged by a legal firm could have created some uncertainty in the market, but it seems that investors are focusing more on the company's operational improvements and industry trends.

KMX Price Chart

KMX Technical Analysis

KMX News

18 America's Car-Mart locations merged into nearby dealerships so far

America’s Car-Mart has completed Phase 2 of its SG&A Cost Control Strategy, consolidating an additional 13 locations into higher-performing dealerships, bringing the total merged locations to 18 after Phase 1. This realignment aims to modernize operations, better utilize resources, strengthen remaining locations, and ensure continued customer access to sales, service, and collections. The company emphasizes that its new capital structure offers flexibility for these strategic decisions and will continue evaluating further footprint optimization for long-term profitability and growth.

https://www.stocktitan.net/news/CRMT/america-s-car-mart-advances-sg-a-cost-control-strategy-with-phase-2-eh89kul2sfrp.html

0 News Article Image 18 America's Car-Mart locations merged into nearby dealerships so far

Why THOR Industries (THO) Stock Is Up Today

Shares of RV manufacturer Thor Industries (THO) rose 4.5% after Loop Capital upgraded the stock's rating to 'Buy' from 'Hold' and increased its price target to $133. This upgrade, reflecting increased confidence in the company's future, came despite a broader consensus of 'Hold' from other analysts. The stock's performance indicates the market views this news as meaningful, reaching a new 52-week high after a period of volatility and a recent dip due to a weak full-year forecast.

https://finviz.com/news/275205/why-thor-industries-tho-stock-is-up-today

1 News Article Image Why THOR Industries (THO) Stock Is Up Today

3 Stocks Under $50 That Fall Short

This article identifies three stocks under $50—Photronics (PLAB), CarMax (KMX), and STAAR Surgical (STAA)—that the author advises investors to avoid due to various fundamental weaknesses such as declining sales, low margins, and high leverage. It provides specific reasons for hesitancy regarding each company, suggesting that despite their price points, these stocks present significant risks. Instead, the article recommends exploring other "high-quality assets" from StockStory's curated lists.

https://finviz.com/news/273267/3-stocks-under-50-that-fall-short

2 News Article Image 3 Stocks Under $50 That Fall Short

Bronstein, Gewirtz & Grossman, LLC Encourages CarMax, Inc. (KMX) Investors to Inquire about Securities Investigation

Bronstein, Gewirtz & Grossman, LLC is urging investors of CarMax, Inc. (KMX) who purchased securities before June 20, 2025, and still hold them, to contact the firm regarding a securities investigation. The investigation aims to determine if CarMax officers and/or directors engaged in corporate wrongdoing. The firm operates on a contingency fee basis, meaning investors incur no out-of-pocket costs unless successful.

https://www.accessnewswire.com/newsroom/en/business-and-professional-services/bronstein-gewirtz-and-grossman-llc-encourages-carmax-inc.-kmx-in-1126004

3 Missing News Article Image Bronstein, Gewirtz & Grossman, LLC Encourages CarMax, Inc. (KMX) Investors to Inquire about Securities Investigation

Advance Auto Parts Names OSRAM Sylvania Inc. Global 2025 Vendor Partner of the Year

Advance Auto Parts, Inc. has named OSRAM Sylvania Inc. its 2025 Vendor of the Year during its "Accelerate" event in Orlando, Florida. OSRAM Sylvania was recognized for its strong collaboration across various Advance Auto Parts teams. Additionally, nine other vendors received category awards for their contributions in areas such as Pro Vendor, DIY Vendor, Visionary Vendor, Supply Chain, Inventory, E-Commerce, Content, and Marketing.

https://www.voiceofalexandria.com/news/national_business_news/advance-auto-parts-names-osram-sylvania-inc-global-2025-vendor-partner-of-the-year/article_b3ac4a05-3486-5b09-9b78-f1f8945c9e42.html

4 News Article Image Advance Auto Parts Names OSRAM Sylvania Inc. Global 2025 Vendor Partner of the Year

CarMax Inc Price History

19.11.2025 - KMX Stock was down 8.7%

  • CarMax (KMX) reported Q3 earnings that surpassed expectations but showed a decline in revenues year-over-year, leading to investor concerns about the company's growth prospects.
  • The ongoing securities class action lawsuits against CarMax alleging overstated growth prospects due to tariff speculation have likely contributed to the negative sentiment surrounding the stock.
  • The evaluation of GM's Sterling Anderson as a potential CEO successor indicates a shift towards technology leadership in the automotive industry, possibly impacting investor confidence in traditional dealership models like CarMax.
  • The disappointing financial results reported by CarMax for the second quarter of fiscal year 2026 have further fueled uncertainties among shareholders, triggering a significant drop in the stock price.

14.00.2026 - KMX Stock was up 7.5%

  • CarMax (KMX) experienced a strong bullish movement today.
  • The bullish trend could be attributed to the company's strategic decisions to optimize operations and resources, as highlighted in the consolidation of multiple locations into higher-performing dealerships.
  • Additionally, positive news in the automotive industry, such as the upgrade of a competitor by Loop Capital, may have positively influenced investor sentiment towards CarMax.
  • The ongoing securities investigation urged by a legal firm could have created some uncertainty in the market, but it seems that investors are focusing more on the company's operational improvements and industry trends.

07.00.2026 - KMX Stock was up 5.9%

  • CarMax cutting prices and margins on used cars while increasing marketing spend to drive unit sales seemed to resonate well with investors, resulting in a bullish movement in the stock.
  • The strategic shift to make vehicles more affordable and reduce overall expenses by $150 million annually reflects a proactive approach by CarMax to address declining sales and earnings, likely boosting investor confidence.
  • The positive outlook for the used car market, with projected growth through 2033, could have also contributed to the bullish sentiment surrounding CarMax, aligning with the company's focus on this segment of the automotive industry.
  • General Motors' mixed performance in the fourth quarter, with a decline in sales but strong full-year results, may have indirectly influenced investor sentiment towards CarMax, highlighting competitive dynamics within the automotive sector.

07.00.2026 - KMX Stock was up 6.2%

  • CarMax experienced a strong bullish movement today, outperforming its competitors despite the overall market trend.
  • The bullish movement can be attributed to the positive outlook for the used car market, as projected significant growth through 2033.
  • Additionally, the news of a major shareholder selling shares of a competitor might have indirectly impacted CarMax's stock positively, as investors may have shifted their focus towards companies with stronger growth prospects.
  • The ongoing investigations into potential breaches of fiduciary duties by certain officers and directors of CarMax and other companies did not seem to have a negative impact on the stock today.

21.10.2025 - KMX Stock was up 5.4%

  • The bullish movement in KMX stock could be attributed to CarMax's recent expansion into Arkansas, hinting at growth and revenue potential.
  • Despite a class action lawsuit, demand concerns, and CEO departure, investors appear optimistic about CarMax's resilience and market position.
  • The market may be reacting positively to the job creation aspect of CarMax's expansion to 42 states, indicating economic growth possibilities for the company.
  • Investors seem more interested in CarMax's expansion and growth prospects rather than its current legal challenges, influencing the stock's upward trajectory.

25.10.2025 - KMX Stock was up 5.4%

  • Despite ongoing legal challenges involving securities fraud allegations, CarMax's stock price saw a significant rise.
  • The surge in stock value may be influenced by an upgrade in Carvana's stock by Wedbush, pointing towards a positive market sentiment within the automotive industry.
  • Investors seem to hold positive expectations for CarMax's future performance, potentially overlooking the company's current legal hurdles.
  • This sudden upward movement in stock value could be driven by market speculation or short-term trading strategies rather than reflecting the company's underlying financial performance.

06.10.2025 - KMX Stock was down 12.8%

  • CarMax's stock dropped over 10% following the CEO's resignation, leading to investor uncertainty.
  • Numerous class action lawsuits alleging securities fraud and financial mismanagement have exacerbated negative sentiment around the stock.
  • The unexpected $142 million loss provision and Q2 growth challenges have raised concerns about CarMax's financial well-being, contributing to the significant stock decline.
  • Leadership changes, legal disputes, and financial difficulties have created a challenging environment for CarMax, resulting in today's bearish market movement.

08.00.2026 - KMX Stock was up 5.1%

  • CarMax's stock surged following the company's strategy to reduce prices and margins on used cars, ramp up marketing expenses, and lower overall costs to drive unit sales and increase affordability for customers.
  • This shift in approach comes after a period of sales and earnings decline, prompting recent changes in senior leadership.
  • The market responded positively to these strategic changes, possibly expecting an improvement in CarMax's financial performance and growth opportunities, leading to today's bullish movement in the stock price.

20.10.2025 - KMX Stock was up 5.2%

  • Despite a class action lawsuit and challenges in demand, along with the departure of the CEO, CarMax's stock showed a strong bullish movement.
  • The market's positive response may stem from potential resolutions or strategies introduced by the company to tackle legal and operational issues.
  • Investor optimism about CarMax's ability to navigate legal troubles and management changes could be driving the stock's upward trend.
  • This unforeseen market reaction suggests that investors perceive the lawsuit and CEO departure to have a less severe impact on CarMax's long-term prospects than initially anticipated.

07.10.2025 - KMX Stock was down 13.7%

  • The bearish movement in CarMax's stock price can be attributed to the termination of CEO Bill Nash and the subsequent appointment of an interim CEO, causing uncertainty and lack of confidence among investors.
  • The announcement of a securities class action pending against CarMax may have further fueled negative sentiment and led to increased selling pressure on the stock.
  • Downgrades by top Wall Street analysts, including the change in outlook from Buy to Hold, also contributed to the downward pressure on CarMax's stock price.
  • Overall, the combination of leadership changes, legal challenges, and analyst downgrades likely played a significant role in the bearish market movement of CarMax today.

06.10.2025 - KMX Stock was down 25.1%

  • The bearish movement in CarMax's stock price today can be attributed to the following factors:
  • The announcement of the CEO stepping down led to uncertainty and lack of confidence among investors, resulting in a sell-off of the stock.
  • Multiple class action lawsuits against CarMax, with investors facing substantial losses, added to the negative sentiment surrounding the company.
  • The legal implications and potential financial impact of the lawsuits created a cloud of uncertainty, causing investors to react by selling off their positions in CarMax.
  • The combination of leadership changes and legal troubles likely contributed to the bearish trend in CarMax's stock price today.

10.11.2025 - KMX Stock was up 5.7%

  • Investors may consider the recent legal issues and fraud accusations as temporary hurdles for CarMax, leading to the surge in the stock price.
  • Despite the unfavorable Q2 Fiscal Year 2026 financial results and stock decline, the current stock price might have attracted investors, prompting increased demand and the upward movement in the market.
  • The company's ability to navigate challenges and remain resilient could have boosted investor confidence, contributing to the favorable market performance witnessed today.
i
Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.