Morgan Stanley raises CarMax price target to $44

0 min read | Published on 24 Jun 2026, 12:08 AM |Updated on 24 Jun 2026, 12:08 AM

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Radhika SScanX News Team

Key Highlights

Morgan Stanley analyst Daniela Haigian maintained an Equal-Weight rating on CarMax (NYSE: KMX) and increased the price target to $44 from $35. The adjustment indicates a more positive valuation outlook for the company.

*this image is generated using AI for illustrative purposes only.

Morgan Stanley analyst Daniela Haigian has maintained an Equal-Weight rating on CarMax (NYSE: KMX) and raised the price target to $44, up from the previous target of $35. The revised target suggests a higher valuation potential for the used-car retailer's stock.

The rating of Equal-Weight indicates that the stock is expected to perform in line with the sector's average returns. The increase in the price target signals an improved outlook on the company's financial prospects or market position.

Metric	Value
Rating	Equal-Weight
New Price Target	$44
Previous Price Target	$35
Ticker	NYSE: KMX

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What specific factors drove Morgan Stanley to raise the price target by over 25%?

How might CarMax's performance compare to its competitors in the used-car market?

What are the potential risks that could prevent CarMax from reaching the new $44 price target?

UBS maintains Neutral on CarMax, raises price target to $57

0 min read | Published on 23 Jun 2026, 09:04 PM |Updated on 23 Jun 2026, 09:04 PM

Reviewed by

Radhika SScanX News Team

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Key Highlights

UBS analyst Joseph Spak maintains a Neutral rating on CarMax and raises the price target to $57 from $42, signaling a revised valuation outlook.

*this image is generated using AI for illustrative purposes only.

UBS analyst Joseph Spak has maintained a Neutral rating on CarMax while raising the price target to $57 from the previous $42. The revised target indicates a higher valuation potential for the used-car retailer despite the unchanged stance on the stock.

The rating decision and price target adjustment were communicated in a recent research note. CarMax operates as a retailer of used vehicles in the United States.

Rating and Price Target Details

The following table outlines the revised analyst metrics for CarMax:

Metric	Value
Rating	Neutral
Previous Price Target	$42
New Price Target	$57

The move to $57 suggests a significant upside compared to the prior target of $42. The Neutral rating implies that the analyst expects the stock to perform in line with the broader market or sector averages.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What specific factors drove the 35% increase in UBS's price target for CarMax?

How might CarMax's performance compare to sector averages in the upcoming quarters?

What potential market trends could influence CarMax's valuation in the near future?