13.2% Above Target

KMX's consensus price target is $46.56, -13.2% below the current price of $53.66. The 35 analysts tracking KMX see downside risk at present valuations.

KMX has a consensus rating of "Hold" based on 35 Wall Street analysts. The rating breakdown is mixed, with 21 Hold ratings making up the largest segment. The consensus 12-month price target of $46.56 implies -13.2% downside from current levels.

With a forward P/E of 19.9183x, KMX trades at a relatively low valuation. The consensus target of $46.56 implies -13.2% move, suggesting the market may be pricing in risks.

The most bullish Wall Street analyst has a price target of $66 for KMX, while the most conservative target is $36. The consensus of $46.56 represents the median expectation. Our quantitative valuation model projects a bull case target of $62 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

KMX is heavily covered by Wall Street, with 35 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 9 have Buy ratings, 21 recommend Hold, and 4 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month KMX stock forecast based on 35 Wall Street analysts shows a consensus price target of $46.56, with estimates ranging from $36 (bear case) to $66 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $47, with bear/bull scenarios of $30/$62.

Our quantitative valuation model calculates KMX's fair value at $47 (base case), with a bear case of $30 and bull case of $62. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 48/100.

KMX trades at a forward P/E ratio of 19.9x based on next-twelve-months earnings estimates compared to a trailing P/E of 31.9x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Analysts are cautious on KMX, with 4 Sell ratings and a price target of $46.56 (-13.2% from current price). The "Hold" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

KMX analyst price targets range from $36 to $66, a 64% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $46.56 consensus represents the middle ground. Our model's $30-$62 range provides an independent fundamental perspective.