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CarMax Inc ($KMX) Stock Forecast: Up 5.4% 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, Inc. (NYSE: KMX) is a company specializing in the sale of used cars and related financing and insurance products. Today, the stock of KMX experienced a strong bullish movement in the market.

Why is CarMax Inc going up?

KMX stock is up 5.4% on Nov 21, 2025 20:36

  • 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.

KMX Price Chart

KMX Technical Analysis

KMX News

KMX SHAREHOLDERS: A Securities Class Action against CarMax, Inc. has been Filed on behalf of Investors -- Contact BFA Law by January 2 if You Suffered Losses - CarMax ( NYSE:KMX )

NEW YORK, Nov. 21, 2025 ( GLOBE NEWSWIRE ) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against CarMax, Inc. ( NYSE:KMX ) and certain of the Company's senior executives for securities fraud after a significant stock drop resulting ...

https://www.benzinga.com/pressreleases/25/11/g48998173/kmx-shareholders-a-securities-class-action-against-carmax-inc-has-been-filed-on-behalf-of-investor

0 News Article Image KMX SHAREHOLDERS: A Securities Class Action against CarMax, Inc. has been Filed on behalf of Investors -- Contact BFA Law by January 2 if You Suffered Losses - CarMax  ( NYSE:KMX )

KMX DEADLINE: CarMax, Inc. Investors Should Contact Block & Leviton By January 2nd to Lead Class Action Lawsuit - CarMax ( NYSE:KMX )

BOSTON, Nov. 20, 2025 ( GLOBE NEWSWIRE ) -- Block & Leviton reminds investors that a securities fraud lawsuit has been filed against CarMax, Inc. ( NYSE:KMX ) and certain of its executives. Investors who have lost money in their CarMax, Inc. investment should contact the firm to learn more about ...

https://www.benzinga.com/pressreleases/25/11/g48988633/kmx-deadline-carmax-inc-investors-should-contact-block-leviton-by-january-2nd-to-lead-class-action

1 News Article Image KMX DEADLINE: CarMax, Inc. Investors Should Contact Block & Leviton By January 2nd to Lead Class Action Lawsuit - CarMax  ( NYSE:KMX )

Class Action Reminder for KMX Investors: Kessler Topaz Meltzer & Check, LLP Reminds CarMax, Inc. ( KMX ) Investors of Securities Fraud Class Action Lawsuit - CarMax ( NYSE:KMX )

RADNOR, Pa., Nov. 20, 2025 ( GLOBE NEWSWIRE ) -- The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that an amended securities class action lawsuit has been filed against CarMax, Inc. ( "CarMax" ) ( NYSE:KMX ) which expands the class period to include those who ...

https://www.benzinga.com/pressreleases/25/11/g48987976/class-action-reminder-for-kmx-investors-kessler-topaz-meltzer-check-llp-reminds-carmax-inc-kmx-inv

2 News Article Image Class Action Reminder for KMX Investors: Kessler Topaz Meltzer & Check, LLP Reminds CarMax, Inc.  ( KMX )  Investors of Securities Fraud Class Action Lawsuit - CarMax  ( NYSE:KMX )

CarMax Opens First Arkansas Store in Rogers, Expanding to 42 States Nationwide

Company bringing nearly 30 jobs to Rogers Company bringing nearly 30 jobs to Rogers ...

https://www.globenewswire.com/news-release/2025/11/20/3192143/0/en/CarMax-Opens-First-Arkansas-Store-in-Rogers-Expanding-to-42-States-Nationwide.html

3 News Article Image CarMax Opens First Arkansas Store in Rogers, Expanding to 42 States Nationwide

KMX STOCK: CarMax, Inc. Sued for Securities Fraud after Demand Issues and CEO Departure Cause 24% Stock Drop -- Investors Notified to Contact BFA Law by January 2 Deadline - CarMax ( NYSE:KMX )

NEW YORK, Nov. 19, 2025 ( GLOBE NEWSWIRE ) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against CarMax, Inc. ( NYSE:KMX ) and certain of the Company's senior executives for securities fraud after a significant stock drop resulting ...

https://www.benzinga.com/pressreleases/25/11/g48946852/kmx-stock-carmax-inc-sued-for-securities-fraud-after-demand-issues-and-ceo-departure-cause-24-stoc

4 News Article Image KMX STOCK: CarMax, Inc. Sued for Securities Fraud after Demand Issues and CEO Departure Cause 24% Stock Drop -- Investors Notified to Contact BFA Law by January 2 Deadline - CarMax  ( NYSE:KMX )

CarMax Inc Price History

02.09.2025 - KMX Stock was up 5.6%

  • Despite previous investor concerns and unforeseen financial setbacks, CarMax (KMX) exhibited a notable bullish trend.
  • Recent scrutiny from legal entities and analyst downgrades had a pessimistic impact on the stock's perception.
  • Initial sell-offs triggered by unanticipated losses and weaker second-quarter results may have shifted with the current bullish trend, indicating a potential shift in investor sentiment.
  • It seems that investors are interpreting recent challenges as temporary hurdles, fostering a renewed optimism in CarMax's future outlook.

21.09.2025 - KMX Stock was up 4.5%

  • CarMax (KMX) experienced a strong bullish movement today.
  • The ongoing investigation by Bragar Eagel & Squire, P.C. might have initially caused some uncertainty among investors, but it seems that the market has responded positively to the news.
  • The recognition of CarMax as one of the top 3 consumer stocks set to perform well in October might have boosted investor confidence and attracted more buyers to the stock.
  • The oversold status of consumer discretionary stocks, including CarMax, might have created a buying opportunity for investors looking to capitalize on undervalued companies, leading to the bullish movement in the stock.

26.08.2025 - KMX Stock was up 5.3%

  • Despite recent downgrades and missing earnings estimates, CarMax experienced a strong bullish movement today.
  • The market may have reacted positively due to CarMax's consistent recognition as a top workplace and its ability to maintain a strong position in the retail sector.
  • Investors might be optimistic about CarMax's future performance, possibly expecting improvements in retail sales and financial results following recent challenges.
  • The bullish movement could also be influenced by broader market trends or sector-specific factors impacting the automotive industry.

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.

20.05.2025 - KMX Stock was up 0.6%

  • Strong Q1 earnings and revenues were reported by CarMax, surpassing estimates significantly and enhancing investor confidence in the stock.
  • The company demonstrated its ability to leverage the growing used car market, with a 9% increase in retail used unit sales and a 12.8% rise in total gross profit, driving the stock's positive momentum.
  • Despite concerns about increasing loan delinquencies, analysts maintain a positive outlook on CarMax's performance, citing robust demand, strong credit capabilities, and favorable used car trends.
  • Positive sentiment towards CarMax was reinforced as analysts adjusted their expectations prior to the earnings announcement, further propelling the stock's upward trajectory.

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.

22.07.2025 - KMX Stock was up 5.4%

  • The expansion of same-day delivery services to over 15 states by a competitor may have positively impacted KMX's stock as investors see potential for increased competition and innovation in the used-car market.
  • The mention of CarMax alongside other companies like Uber and IBM on a financial news program could have brought additional visibility and investor interest to KMX, contributing to its bullish movement.
  • The overall positive sentiment surrounding the used-car market, as highlighted by a competitor's sales speed and market share growth, likely boosted investor confidence in companies like CarMax, leading to the bullish market movement for KMX today.

25.08.2025 - KMX Stock was down 23.5%

  • CarMax (KMX) experienced a strong bearish movement due to its second-quarter earnings missing expectations, with weaker retail sales and higher loan loss provisions impacting the results.
  • The breach of the 52-week low reflects investor concerns about the company's financial performance and future outlook.
  • Despite being recognized for its workplace culture and ranking highly on lists such as Fortune's Best Workplaces in Retail, the positive news was overshadowed by the disappointing earnings report.
  • The market reaction indicates that investors are closely monitoring the company's ability to address challenges in retail sales and loan provisions to regain confidence and improve financial performance.

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.

24.05.2025 - KMX Stock was up 5.5%

  • CarMax exceeded Q1 earnings and sales estimates, driven by a significant rise in used vehicle sales and unit volumes.
  • Analysts have raised their forecasts for CarMax after the upbeat Q1 results, indicating confidence in the company's performance.
  • The company's ability to capitalize on the booming used car market, with a notable increase in retail used unit sales, has contributed to the stock's surge.
  • Despite the positive performance, concerns about loan loss provisions and macro risks could potentially hold back CarMax's growth in the future.
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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.