http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Thu, 15 Oct 2026 08:16:26 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Investing/CarMax+stock+climbs+after+BofA+upgrades+to+Buy+on+improving+outlook/27190100.html <p>Investing.com -- Bank of America upgraded CarMax to Buy from Underperform and raised its price target to $65 from $50, saying increased price transparency across the used-car industry has made the retailer the most price-competitive it has been in years.</p> <p>Shares in the used vehicle retailer rose more than 3% in premarket trading Thursday. </p> <p>Analysts Alexander Perry and Jack Joyce said the shift reflects their expectation for sustained positive comparable sales. CarMax’s used unit comparable sales rose 13% in its fiscal second quarter, versus a 2% decline for the industry. BofA attributed the outperformance to Federal Trade Commission enforcement of price transparency, which http://www.streetinsider.com/Investing/CarMax+stock+climbs+after+BofA+upgrades+to+Buy+on+improving+outlook/27190100.html Thu, 15 Oct 2026 08:16:26 -0400 KMX http://www.streetinsider.com/General+News/CarMax+stock+climbs+after+BofA+upgrades+to+Buy+on+improving+outlook/27190100.html <p>Investing.com -- Bank of America upgraded CarMax to Buy from Underperform and raised its price target to $65 from $50, saying increased price transparency across the used-car industry has made the retailer the most price-competitive it has been in years.</p> <p>Shares in the used vehicle retailer rose more than 3% in premarket trading Thursday. </p> <p>Analysts Alexander Perry and Jack Joyce said the shift reflects their expectation for sustained positive comparable sales. CarMax’s used unit comparable sales rose 13% in its fiscal second quarter, versus a 2% decline for the industry. BofA attributed the outperformance to Federal Trade Commission enforcement of price transparency, which http://www.streetinsider.com/General+News/CarMax+stock+climbs+after+BofA+upgrades+to+Buy+on+improving+outlook/27190100.html Thu, 15 Oct 2026 08:16:26 -0400 KMX http://www.streetinsider.com/Hot+Upgrades/BofA+Securities+Double+Upgrades+CarMax+%28KMX%29+to+Buy/27188934.html (Updated - October 15, 2026 6:09 AM EDT) <p>BofA Securities analyst Alexander Perry upgraded CarMax (NYSE: KMX) from Underperform to Buy with a price target of $65.00 (from $50.00).</p><p>The analyst comments "We upgrade CarMax (KMX) to Buy from Underperform and raise our PO to $65 from $50 (based on 17x our F28E EPS of $3.75, raised from 15x previously, reflecting our expectation for sustained positive comps). FTC enforcement of price transparency, combined with KMX's own actions, has made KMX the most price-competitive it has been in years, driving share gains (FQ2 used unit comps +13% vs. industry -2%). We see the http://www.streetinsider.com/Hot+Upgrades/BofA+Securities+Double+Upgrades+CarMax+%28KMX%29+to+Buy/27188934.html Thu, 15 Oct 2026 06:09:22 -0400 KMX http://www.streetinsider.com/Upgrades/BofA+Securities+Double+Upgrades+CarMax+%28KMX%29+to+Buy/27188934.html (Updated - October 15, 2026 6:09 AM EDT) <p>BofA Securities analyst Alexander Perry upgraded CarMax (NYSE: KMX) from Underperform to Buy with a price target of $65.00 (from $50.00).</p><p>The analyst comments "We upgrade CarMax (KMX) to Buy from Underperform and raise our PO to $65 from $50 (based on 17x our F28E EPS of $3.75, raised from 15x previously, reflecting our expectation for sustained positive comps). FTC enforcement of price transparency, combined with KMX's own actions, has made KMX the most price-competitive it has been in years, driving share gains (FQ2 used unit comps +13% vs. industry -2%). We see the http://www.streetinsider.com/Upgrades/BofA+Securities+Double+Upgrades+CarMax+%28KMX%29+to+Buy/27188934.html Thu, 15 Oct 2026 06:09:22 -0400 KMX http://www.streetinsider.com/Analyst+PT+Change/BofA+Securities+Double+Upgrades+CarMax+%28KMX%29+to+Buy/27188934.html (Updated - October 15, 2026 6:09 AM EDT) <p>BofA Securities analyst Alexander Perry upgraded CarMax (NYSE: KMX) from Underperform to Buy with a price target of $65.00 (from $50.00).</p><p>The analyst comments "We upgrade CarMax (KMX) to Buy from Underperform and raise our PO to $65 from $50 (based on 17x our F28E EPS of $3.75, raised from 15x previously, reflecting our expectation for sustained positive comps). FTC enforcement of price transparency, combined with KMX's own actions, has made KMX the most price-competitive it has been in years, driving share gains (FQ2 used unit comps +13% vs. industry -2%). We see the http://www.streetinsider.com/Analyst+PT+Change/BofA+Securities+Double+Upgrades+CarMax+%28KMX%29+to+Buy/27188934.html Thu, 15 Oct 2026 06:09:22 -0400 KMX http://www.streetinsider.com/Analyst+Comments/BofA+Securities+Double+Upgrades+CarMax+%28KMX%29+to+Buy/27188934.html (Updated - October 15, 2026 6:09 AM EDT) <p>BofA Securities analyst Alexander Perry upgraded CarMax (NYSE: KMX) from Underperform to Buy with a price target of $65.00 (from $50.00).</p><p>The analyst comments "We upgrade CarMax (KMX) to Buy from Underperform and raise our PO to $65 from $50 (based on 17x our F28E EPS of $3.75, raised from 15x previously, reflecting our expectation for sustained positive comps). FTC enforcement of price transparency, combined with KMX's own actions, has made KMX the most price-competitive it has been in years, driving share gains (FQ2 used unit comps +13% vs. industry -2%). We see the http://www.streetinsider.com/Analyst+Comments/BofA+Securities+Double+Upgrades+CarMax+%28KMX%29+to+Buy/27188934.html Thu, 15 Oct 2026 06:09:22 -0400 KMX http://www.streetinsider.com/Hot+Comments/BofA+Securities+Double+Upgrades+CarMax+%28KMX%29+to+Buy/27188934.html (Updated - October 15, 2026 6:09 AM EDT) <p>BofA Securities analyst Alexander Perry upgraded CarMax (NYSE: KMX) from Underperform to Buy with a price target of $65.00 (from $50.00).</p><p>The analyst comments "We upgrade CarMax (KMX) to Buy from Underperform and raise our PO to $65 from $50 (based on 17x our F28E EPS of $3.75, raised from 15x previously, reflecting our expectation for sustained positive comps). FTC enforcement of price transparency, combined with KMX's own actions, has made KMX the most price-competitive it has been in years, driving share gains (FQ2 used unit comps +13% vs. industry -2%). We see the http://www.streetinsider.com/Hot+Comments/BofA+Securities+Double+Upgrades+CarMax+%28KMX%29+to+Buy/27188934.html Thu, 15 Oct 2026 06:09:22 -0400 KMX http://www.streetinsider.com/SEC+Filings/Form++3++++++++++CARMAX+INC++++++++++++++++For%3A+Oct+05++Filed+by%3A+Dirgins+Elizabeth/27167703.html si-local-file:///var/storage/secattach/20261008/27167703.html http://www.streetinsider.com/SEC+Filings/Form++3++++++++++CARMAX+INC++++++++++++++++For%3A+Oct+05++Filed+by%3A+Dirgins+Elizabeth/27167703.html Thu, 08 Oct 2026 17:15:00 -0400 KMX http://www.streetinsider.com/Analyst+PT+Change/CarMax+%28KMX%29+PT+Raised+to+%2467+at+Barclays/27130255.html Barclays analyst John Babcock raised the price target on CarMax (NYSE: KMX) to $67.00 (from $61.00) while maintaining a Equalweight rating. http://www.streetinsider.com/Analyst+PT+Change/CarMax+%28KMX%29+PT+Raised+to+%2467+at+Barclays/27130255.html Thu, 01 Oct 2026 04:00:28 -0400 KMX http://www.streetinsider.com/Press+Releases/CarMax+to+Host+Strategic+Update+Webcast+on+November+3%2C+2026/27129309.html <p> RICHMOND, Va.--(BUSINESS WIRE)-- CarMax, Inc. (NYSE:KMX) will host a Strategic Update webcast on Tuesday, November 3, 2026, beginning at 8:00 a.m. ET and concluding at approximately 9:30 a.m. ET. </p><p> During the webcast, Keith Barr, President and CEO, Enrique Mayor-Mora, Executive Vice President, CFO and Jon Daniels, Executive Vice President, CarMax Auto Finance will provide an update on the Company’s Shift into GEAR strategy, growth priorities and multi-year financial framework. </p><p> Interested participants must register at <a target="_blank" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Furldefense.com%2Fv3%2F__https%3A%2Fjoin.eventcastplus.com%2Feventcastplus%2Fcarmax-strategic-update__%3B%21%21ADX9iFUx%21BKCUaSw_sYny_Qztinu2DDO_aqTFZ82vLkG0AFEP5etVaMf6vUVc7W_IkLc2vLsNLjcSMKhl7gRHL3TzUzSeBjE4fw%24&amp;esheet=54612834&amp;newsitemid=20260930219408&amp;lan=en-US&amp;anchor=https%3A%2F%2Fjoin.eventcastplus.com%2Feventcastplus%2Fcarmax-strategic-update&amp;index=1&amp;md5=d02dfb2b4d5b3c11c8af7602566a62bc" shape="rect">https://join.eventcastplus.com/eventcastplus/carmax-strategic-update</a> to view the webcast. An archived replay will be available shortly after the event concludes. </p><p> <b><span class="bwuline">About CarMax</span></b> </p><p> CarMax, the nation’s largest http://www.streetinsider.com/Press+Releases/CarMax+to+Host+Strategic+Update+Webcast+on+November+3%2C+2026/27129309.html Wed, 30 Sep 2026 17:00:00 -0400 KMX http://www.streetinsider.com/Business+Wire/CarMax+to+Host+Strategic+Update+Webcast+on+November+3%2C+2026/27129309.html <p> RICHMOND, Va.--(BUSINESS WIRE)-- CarMax, Inc. (NYSE:KMX) will host a Strategic Update webcast on Tuesday, November 3, 2026, beginning at 8:00 a.m. ET and concluding at approximately 9:30 a.m. ET. </p><p> During the webcast, Keith Barr, President and CEO, Enrique Mayor-Mora, Executive Vice President, CFO and Jon Daniels, Executive Vice President, CarMax Auto Finance will provide an update on the Company’s Shift into GEAR strategy, growth priorities and multi-year financial framework. </p><p> Interested participants must register at <a target="_blank" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Furldefense.com%2Fv3%2F__https%3A%2Fjoin.eventcastplus.com%2Feventcastplus%2Fcarmax-strategic-update__%3B%21%21ADX9iFUx%21BKCUaSw_sYny_Qztinu2DDO_aqTFZ82vLkG0AFEP5etVaMf6vUVc7W_IkLc2vLsNLjcSMKhl7gRHL3TzUzSeBjE4fw%24&amp;esheet=54612834&amp;newsitemid=20260930219408&amp;lan=en-US&amp;anchor=https%3A%2F%2Fjoin.eventcastplus.com%2Feventcastplus%2Fcarmax-strategic-update&amp;index=1&amp;md5=d02dfb2b4d5b3c11c8af7602566a62bc" shape="rect">https://join.eventcastplus.com/eventcastplus/carmax-strategic-update</a> to view the webcast. An archived replay will be available shortly after the event concludes. </p><p> <b><span class="bwuline">About CarMax</span></b> </p><p> CarMax, the nation’s largest http://www.streetinsider.com/Business+Wire/CarMax+to+Host+Strategic+Update+Webcast+on+November+3%2C+2026/27129309.html Wed, 30 Sep 2026 17:00:00 -0400 KMX http://www.streetinsider.com/Analyst+PT+Change/CarMax+%28KMX%29+PT+Raised+to+%2481+at+Stephens/27127499.html <p>Stephens analyst Jeff Lick raised the price target on CarMax (NYSE: KMX) to $81.00 (from $74.00) while maintaining a Overweight rating.</p> http://www.streetinsider.com/Analyst+PT+Change/CarMax+%28KMX%29+PT+Raised+to+%2481+at+Stephens/27127499.html Wed, 30 Sep 2026 12:12:27 -0400 KMX http://www.streetinsider.com/SEC+Filings/Form++10-Q+++++++CARMAX+INC++++++++++++++++For%3A+Aug+31/27126874.html si-local-file:///var/storage/secattach/20260930/27126874.html http://www.streetinsider.com/SEC+Filings/Form++10-Q+++++++CARMAX+INC++++++++++++++++For%3A+Aug+31/27126874.html Wed, 30 Sep 2026 10:17:00 -0400 KMX http://www.streetinsider.com/Analyst+PT+Change/CarMax+%28KMX%29+PT+Raised+to+%2462+at+UBS+Following+%27Encouraging%27+Q2+Print/27126590.html (Updated - September 30, 2026 9:41 AM EDT) <p>UBS analyst Joseph Spak raised the price target on CarMax (NYSE: KMX) to $62.00 (from $57.00) while maintaining a Neutral rating.</p><p>The analyst commented, "F2Q27 results were encouraging, with a strong beat driven by a re-acceleration in unit growth to +13% y/y in comparable store used vehicle units (vs -80bps y/y in FQ1), while better than feared retail GPU (~$2,105/unit, -$110 y/y, and vs consensus of ~$2,040) eased concerns about excessive price-driven growth. KMX also appears to be benefiting from greater price transparency in light of FTC enforcement (~1/2 of the y/y growth in http://www.streetinsider.com/Analyst+PT+Change/CarMax+%28KMX%29+PT+Raised+to+%2462+at+UBS+Following+%27Encouraging%27+Q2+Print/27126590.html Wed, 30 Sep 2026 09:41:25 -0400 KMX http://www.streetinsider.com/Analyst+Comments/CarMax+%28KMX%29+PT+Raised+to+%2462+at+UBS+Following+%27Encouraging%27+Q2+Print/27126590.html (Updated - September 30, 2026 9:41 AM EDT) <p>UBS analyst Joseph Spak raised the price target on CarMax (NYSE: KMX) to $62.00 (from $57.00) while maintaining a Neutral rating.</p><p>The analyst commented, "F2Q27 results were encouraging, with a strong beat driven by a re-acceleration in unit growth to +13% y/y in comparable store used vehicle units (vs -80bps y/y in FQ1), while better than feared retail GPU (~$2,105/unit, -$110 y/y, and vs consensus of ~$2,040) eased concerns about excessive price-driven growth. KMX also appears to be benefiting from greater price transparency in light of FTC enforcement (~1/2 of the y/y growth in http://www.streetinsider.com/Analyst+Comments/CarMax+%28KMX%29+PT+Raised+to+%2462+at+UBS+Following+%27Encouraging%27+Q2+Print/27126590.html Wed, 30 Sep 2026 09:41:25 -0400 KMX http://www.streetinsider.com/Analyst+PT+Change/CarMax+%28KMX%29+PT+Raised+to+%2453+at+Morgan+Stanley/27125676.html Morgan Stanley analyst Daniela Haigian raised the price target on CarMax (NYSE: KMX) to $53.00 (from $47.00) while maintaining a Equalweight rating. http://www.streetinsider.com/Analyst+PT+Change/CarMax+%28KMX%29+PT+Raised+to+%2453+at+Morgan+Stanley/27125676.html Wed, 30 Sep 2026 08:10:37 -0400 KMX http://www.streetinsider.com/Analyst+PT+Change/CarMax+%28KMX%29+PT+Raised+to+%2456+at+RBC+Capital/27125361.html RBC Capital analyst Steven Shemesh raised the price target on CarMax (NYSE: KMX) to $56.00 (from $45.00) while maintaining a Sector Perform rating. http://www.streetinsider.com/Analyst+PT+Change/CarMax+%28KMX%29+PT+Raised+to+%2456+at+RBC+Capital/27125361.html Wed, 30 Sep 2026 07:38:20 -0400 KMX http://www.streetinsider.com/Analyst+PT+Change/CarMax+%28KMX%29+PT+Raised+to+%2460+at+Truist+Securities/27125164.html Truist Securities analyst Scot Ciccarelli raised the price target on CarMax (NYSE: KMX) to $60.00 (from $50.00) while maintaining a Hold rating. http://www.streetinsider.com/Analyst+PT+Change/CarMax+%28KMX%29+PT+Raised+to+%2460+at+Truist+Securities/27125164.html Wed, 30 Sep 2026 07:08:29 -0400 KMX http://www.streetinsider.com/Analyst+PT+Change/CarMax+%28KMX%29+PT+Raised+to+%2470+at+Baird/27125002.html Baird analyst Craig Kennison raised the price target on CarMax (NYSE: KMX) to $70.00 (from $64.00) while maintaining a Outperform rating. http://www.streetinsider.com/Analyst+PT+Change/CarMax+%28KMX%29+PT+Raised+to+%2470+at+Baird/27125002.html Wed, 30 Sep 2026 06:57:38 -0400 KMX http://www.streetinsider.com/Analyst+PT+Change/CarMax+%28KMX%29+PT+Raised+to+%2450+at+BofA+Securities/27124355.html <p>BofA Securities analyst Alexander Perry raised the price target on CarMax (NYSE: KMX) to $50.00 (from $45.00) while maintaining a Underperform rating.</p><p>The analyst comments "We remain Underperform on valuation, with KMX trading at a premium to franchise dealer peers (17x vs. 7x), and would like to see more proof points that positive comps are sustainable vs. transitory (FTC/price cuts). We raise our PO to $50 (from $45) on 15x (from 14x) F28E EPS of $3.27, reflecting 2Q upside."</p> http://www.streetinsider.com/Analyst+PT+Change/CarMax+%28KMX%29+PT+Raised+to+%2450+at+BofA+Securities/27124355.html Wed, 30 Sep 2026 05:18:03 -0400 KMX http://www.streetinsider.com/Analyst+Comments/CarMax+%28KMX%29+PT+Raised+to+%2450+at+BofA+Securities/27124355.html <p>BofA Securities analyst Alexander Perry raised the price target on CarMax (NYSE: KMX) to $50.00 (from $45.00) while maintaining a Underperform rating.</p><p>The analyst comments "We remain Underperform on valuation, with KMX trading at a premium to franchise dealer peers (17x vs. 7x), and would like to see more proof points that positive comps are sustainable vs. transitory (FTC/price cuts). We raise our PO to $50 (from $45) on 15x (from 14x) F28E EPS of $3.27, reflecting 2Q upside."</p> http://www.streetinsider.com/Analyst+Comments/CarMax+%28KMX%29+PT+Raised+to+%2450+at+BofA+Securities/27124355.html Wed, 30 Sep 2026 05:18:03 -0400 KMX http://www.streetinsider.com/Investing/CarMax+shares+rise+over+2%25+on+strong+earnings+and+revenue+beat/27117359.html <p>Investing.com --On Tuesday, <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name">CarMax</span></span> Inc. (NYSE:KMX) reported second quarter fiscal 2027 results that exceeded analyst expectations, with adjusted earnings per share of $1.16 compared to the consensus estimate of $0.73.</p><p>Shares of the used car retailer rose 2.60% in pre-market trading following the results.</p><p>Revenue reached $7.88 billion, surpassing the $7.03 billion analyst estimate and marking a 19.5% increase from the prior year period.</p><p>The company used unit sales increased 13.8% to 227,391 vehicles, while comparable store used unit sales rose 13.0%. However, gross profit per retail used unit declined by $111 to $2,105, reflecting pricing actions implemented to support http://www.streetinsider.com/Investing/CarMax+shares+rise+over+2%25+on+strong+earnings+and+revenue+beat/27117359.html Tue, 29 Sep 2026 07:19:09 -0400 KMX http://www.streetinsider.com/Investing/Premarket+movers%3A+FICO+sinks+while+Summit%2C+AAR+and+CarMax+rise/27117355.html <p>Investing.com - U.S. stock index futures hovered around the flatline on Tuesday after soaring bond yields dented Wall Street in the prior session, as investors looked ahead to a fresh batch of economic data. </p> <p>By 06:07 ET, Dow futures had fallen 40 points, or 0.1%, while S&amp;P 500 futures were mostly unchanged. Nasdaq 100 futures had risen 32 points, or 0.1%.</p> <p>Here are some of the biggest premarket U.S. stock movers today:</p> <p>Summit Therapeutics surged 17.1% after AstraZeneca agreed to make a $2 billion strategic equity investment in the biopharmaceutical company.</p> <p>The investment will support a collaboration combining Summit’s flagship bispecific antibody, ivonescimab, with AstraZeneca’s http://www.streetinsider.com/Investing/Premarket+movers%3A+FICO+sinks+while+Summit%2C+AAR+and+CarMax+rise/27117355.html Tue, 29 Sep 2026 07:18:52 -0400 AIR FICO KMX http://www.streetinsider.com/Investing/Premarket+movers%3A+FICO+sinks+while+Summit%2C+AAR+and+CarMax+rise/27117355.html <p>Investing.com - U.S. stock index futures hovered around the flatline on Tuesday after soaring bond yields dented Wall Street in the prior session, as investors looked ahead to a fresh batch of economic data. </p> <p>By 06:07 ET, Dow futures had fallen 40 points, or 0.1%, while S&amp;P 500 futures were mostly unchanged. Nasdaq 100 futures had risen 32 points, or 0.1%.</p> <p>Here are some of the biggest premarket U.S. stock movers today:</p> <p>Summit Therapeutics surged 17.1% after AstraZeneca agreed to make a $2 billion strategic equity investment in the biopharmaceutical company.</p> <p>The investment will support a collaboration combining Summit’s flagship bispecific antibody, ivonescimab, with AstraZeneca’s http://www.streetinsider.com/Investing/Premarket+movers%3A+FICO+sinks+while+Summit%2C+AAR+and+CarMax+rise/27117355.html Tue, 29 Sep 2026 07:18:52 -0400 AIR FICO KMX http://www.streetinsider.com/Investing/Premarket+movers%3A+FICO+sinks+while+Summit%2C+AAR+and+CarMax+rise/27117355.html <p>Investing.com - U.S. stock index futures hovered around the flatline on Tuesday after soaring bond yields dented Wall Street in the prior session, as investors looked ahead to a fresh batch of economic data. </p> <p>By 06:07 ET, Dow futures had fallen 40 points, or 0.1%, while S&amp;P 500 futures were mostly unchanged. Nasdaq 100 futures had risen 32 points, or 0.1%.</p> <p>Here are some of the biggest premarket U.S. stock movers today:</p> <p>Summit Therapeutics surged 17.1% after AstraZeneca agreed to make a $2 billion strategic equity investment in the biopharmaceutical company.</p> <p>The investment will support a collaboration combining Summit’s flagship bispecific antibody, ivonescimab, with AstraZeneca’s http://www.streetinsider.com/Investing/Premarket+movers%3A+FICO+sinks+while+Summit%2C+AAR+and+CarMax+rise/27117355.html Tue, 29 Sep 2026 07:18:52 -0400 AIR FICO KMX