RBC Capital raises CarMax price target to $45

0 min read | Published on 18 Jun 2026, 08:13 PM |Updated on 18 Jun 2026, 08:13 PM

Reviewed by

Radhika SScanX News Team

Key Highlights

RBC Capital analyst Steven Shemesh maintained a Sector Perform rating on CarMax (NYSE: KMX) and raised the price target to $45 from $41, signaling a revised valuation outlook.

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

RBC Capital analyst Steven Shemesh has maintained a Sector Perform rating on CarMax (NYSE: KMX) while raising the price target to $45 from $41. The adjustment reflects a revised outlook on the company's valuation.

Rating and Price Target

The analyst retained the Sector Perform designation, indicating an expectation for the stock to perform in line with the broader sector. The price target increase to $45 suggests an updated assessment of the company's potential upside.

Metric	Value
Rating	Sector Perform
Previous Price Target	$41
New Price Target	$45

What specific valuation metrics drove the price target increase?

How might CarMax's performance compare to sector peers in the upcoming quarter?

What are the key risks that could prevent CarMax from reaching the new $45 target?

Mizuho raises CarMax price target to $43, maintains Neutral

0 min read | Published on 18 Jun 2026, 06:29 PM |Updated on 18 Jun 2026, 06:29 PM

Reviewed by

Radhika SScanX News Team

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Key Highlights

Mizuho analyst David Bellinger maintains a Neutral rating on CarMax and raises the price target to $43 from $38, adjusting the firm's valuation outlook for the used-car retailer.

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

Mizuho analyst David Bellinger has maintained a Neutral rating on CarMax while raising the price target to $43 from the previous $38. The revised target indicates a shift in the firm's valuation outlook for the used-car retailer.

The decision to upgrade the price target comes as CarMax continues to navigate the automotive retail market. Despite the higher target, the Neutral rating suggests that the stock's risk-reward profile remains balanced at current levels.

Rating and Target Details

The following table outlines the changes in Mizuho's assessment of CarMax:

Metric	Previous	New
Rating	Neutral	Neutral
Price Target	$38	$43

CarMax operates as a retailer of used vehicles in the United States. The company's performance is closely tied to consumer demand and the broader automotive market conditions.

What specific factors drove Mizuho to raise the price target while maintaining a Neutral rating?

How might CarMax's performance be impacted by current trends in consumer demand for used vehicles?

What are the potential risks CarMax faces in the current automotive retail market?