Wedbush Downgrades CarMax (KMX) to Neutral

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CarMax (KMX) PT Lowered to $47 at Truist Securities

September 25, 2025 4:24 PM EDT

Truist Securities analyst Scot Ciccarelli lowered the price target on CarMax (NYSE: KMX) to $47.00 (from $74.00) while maintaining a Hold rating.

The analyst comments "2Q missed across the board, including used unit comps of (6.3%) vs our +3.0%E. While there were some headwinds... More