Home / Stocks / KMX

CarMax (KMX, Automotive Retail) Stock Valuation & Fair Value Significantly overvalued

CarMax (KMX, Automotive Retail) trades at a blended P/E of 21.4, about 2% above its historical normal valuation, with a forward growth estimate of 1.2% and a PEG of 17.36. Analysts' one-year estimates have been hit 64% of the time.

DATA AS OF 2026-08-21
Blended P/E
21.4
Normal P/E
20.8
PEG
17.36
Fwd growth
1.2%
Div yield
0.0%
RSI (14)
66.4
Neutral

The Street vs SeerForecast

Wall Street's mean price target for KMX is $54.85 across 13 analysts, 11.7% below the current price. Our SeerForecast read of the same stock, formed without analyst targets: significantly overvalued. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating moved from trading above fair value (2026-06-03) to significantly overvalued (2026-08-21).

Price and rating by weekClose moved +30.2 percent from 2026-06-03 to 2026-08-17, with 1 rating change over 21 recorded weeks.2026-06-03: Trading above fair value, close 46.03 (recalculated)2026-06-10: Significantly overvalued, close 48.50 (recalculated)2026-06-14: Significantly overvalued, close 51.26 (recalculated)2026-06-16: Significantly overvalued, close 52.11 (recalculated)2026-06-21: Significantly overvalued, close 53.66 (recalculated)2026-07-02: Significantly overvalued, close 50.98 (recalculated)2026-07-06: Significantly overvalued, close 50.21 (recalculated)2026-07-09: Significantly overvalued, close 51.01 (recalculated)2026-07-12: Significantly overvalued, close 53.49 (recalculated)2026-07-13: Significantly overvalued, close 54.87 (recalculated)2026-07-14: Significantly overvalued, close 55.73 (recalculated)2026-07-20: Significantly overvalued, close 55.91 (recalculated)2026-07-22: Significantly overvalued, close 57.45 (recalculated)2026-07-25: Significantly overvalued, close 58.29 (recalculated)2026-07-27: Significantly overvalued, close 58.40 (recalculated)2026-07-31: Significantly overvalued, close 57.26 (recalculated)2026-08-03: Significantly overvalued, close 57.262026-08-07: Significantly overvalued, close 58.18 (recalculated)2026-08-10: Significantly overvalued, close 58.182026-08-14: Significantly overvalued, close 59.92 (recalculated)2026-08-17: Significantly overvalued, close 59.9246602026-06-032026-08-17
Attractively valuedFairly valuedAbove fair valueLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

2026-06-03P/E 15.9-24%Trading above fair value
2026-06-10P/E 17.1-18%Significantly overvalued
2026-06-14P/E 17.1-18%Significantly overvalued
2026-06-16P/E 17.1-18%Significantly overvalued
2026-06-21P/E 17.1-18%Significantly overvalued
2026-07-02P/E 18.3-12%Significantly overvalued
2026-07-06P/E 18.0-13%Significantly overvalued
2026-07-09P/E 18.0-13%Significantly overvalued
2026-07-12P/E 19.0-9%Significantly overvalued
2026-07-13P/E 19.0-9%Significantly overvalued
2026-07-14P/E 19.0-9%Significantly overvalued
2026-07-20P/E 20.4-2%Significantly overvalued
2026-07-22P/E 20.4-2%Significantly overvalued
2026-07-25P/E 20.8-0%Significantly overvalued
2026-07-27P/E 20.8-0%Significantly overvalued
2026-07-31P/E 20.9+0%Significantly overvalued
2026-08-03P/E 20.3-2%Significantly overvalued
2026-08-07P/E 20.6-1%Significantly overvalued
2026-08-10P/E 20.7-1%Significantly overvalued
2026-08-14P/E 21.4+3%Significantly overvalued
2026-08-17P/E 21.4+2%Significantly overvalued
2026-08-21P/E 21.4+2%Significantly overvalued ← now

Frequently asked questions

Is CarMax stock overvalued?

At a blended P/E of 21.4 versus its historical normal P/E of 20.8, CarMax trades about 2% above its typical valuation, with a PEG of 17.36 on 1.2% forward growth. tickerseer currently rates it significantly overvalued.

What is CarMax's fair value and PEG?

CarMax trades at a blended P/E of 21.4 against a historical normal P/E of 20.8, a PEG of 17.36, and a forward growth estimate of 1.2%.

Has tickerseer's rating of CarMax changed?

tickerseer's rating moved from trading above fair value (2026-06-03) to significantly overvalued (2026-08-21).

What is the analyst price target for CarMax?

The mean Wall Street price target for CarMax is $54.85 across 13 analysts, 11.7% below the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Automotive Retail. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

See the full analysis →🔔 Track KMX free: valuation & earnings alerts

Get the free weekly earnings preview

One email each Monday with the week's named earnings setups, the reasoning, and what settled last week. Strikes and sizing stay in Premium.

It's free, and you can unsubscribe any time. Educational content, not investment advice.