CarMax, Inc. (KMX) shares fell 0.5% to $60.29 at the September 9, 2026 close, a slight decline from the prior close of $60.57. That close is the latest confirmed price for KMX; a live quote was not available. BestStocks flagged the session as a major change for KMX. The move is tied to price move down. Below, we break down what changed for KMX, why it matters for investors, how the stock reacted, and the catalysts on the calendar.
What happened
KMX fell 0.5% to $60.29
CarMax, Inc. (KMX) moved -2.93% from $62.40 to $60.57 on 2026-09-08. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume was 1.4x the 5-day average, modestly elevated. CarMax earnings report on 2026-09-24 (consensus EPS $0.71).
This summary describes the catalyst and move as first detected on Sep 8, 2026, 4:48 PM EDT; the stock has continued trading since, so the current price and percentage move (shown above) may be larger or smaller than the figures here.
Material / EarningsWeak confidence
Rel. volume
—
Calculating
Vs peers
—
No comparable peers
Market cap
—
Earnings in
14d
2026-09-24
Price chart
Aug 10 – Sep 10
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details
What it means for CarMax, Inc. investors
For CarMax, Inc. investors, the recent signals are mixed, leaving the near-term picture neutral / mixed. On the constructive side: CarMax, Inc. (KMX) moved +3.04% from $55.91 to $57.61 on 2026-07-21; CarMax, Inc. (KMX) moved +5.76% from $55.73 to $58.94 on 2026-07-15, reaching a new 30-day high on significantly elevated volume (2.0x the 5-day average). Weighing against that: Material negative event; Negative session, down 0.5%. BestStocks rates the overall signal quality weak (27/100). With earnings roughly 14 days out, the next report is the most likely near-term test of the move.
KMX price reaction
KMX last traded at $60.29, down $0.28 (-0.46%) from the previous close of $60.57. Over the past month the stock has ranged between $57.40 and $64.22, and it currently sits about 42% of the way up that band.
The bull and bear case for KMX stock
Weighing the constructive signals against the risks, here is how the bull and bear case for CarMax, Inc. (KMX) lines up on the latest data.
▲ The bullish case
+CarMax, Inc. (KMX) moved +3.04% from $55.91 to $57.61 on 2026-07-21.
▼ The bearish case
−Material negative event.
−Negative session, down 0.5%.
Bull vs bear balanceNeutral / Mixed
BearishNeutralBullish
Weighing both sides, BestStocks' composite read of recent signals is roughly balanced, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.
CarMax (KMX) rose 2.42% to $64.32 following a price target increase from Baird analyst, who raised their target to $48 from $42 while maintaining an Outperform rating, according to the web catalyst. The upgrade was supported by an improving outlook for used car inventory and market conditions through 2026. Volume of 674,615 shares at 150 minutes into the session was running at 0.85x historical average—normal for this time of day.
Material / Earnings2026-08-24+1.1%
CarMax, Inc. (KMX) moved +0.34% from $62.59 to $62.80 on 2026-08-24. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move corresponds with KMX reaching a new 30-day high.
Material / Earnings2026-08-21+1.8%
CarMax, Inc. (KMX) moved +1.15% from $61.42 to $62.13 on 2026-08-21, reaching a new 30-day high. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found.
Material / Earnings2026-08-20+3.6%
CarMax, Inc. (KMX) moved +4.36% from $58.50 to $61.05 on 2026-08-20, reaching a new 30-day high on modestly elevated volume (1.4x the 5-day average). We checked news, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found.
Material / Earnings2026-08-13+2.3%
CarMax, Inc. (KMX) moved +1.85% from $58.96 to $60.05 on 2026-08-13, reaching a new 30-day high. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume remained near its 5-day average.
Material / Earnings2026-08-05-1.5%
CarMax, Inc. (KMX) moved -2.76% from $58.28 to $56.67 on 2026-08-05. We checked news, earnings, analyst updates, filings, and corporate actions — no company-specific catalyst was found. Volume was near its 5-day average, suggesting the move was not driven by unusual trading activity.
Filings2026-07-31-2.5%
CarMax, Inc. (KMX) filed a new 8-K on July 31, 2026.
Material / Earnings2026-07-29+0.4%
CarMax, Inc. (KMX) moved -1.51% from $60.02 to $59.11 on 2026-07-29. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume was 1.4x the 5-day average, modestly elevated, and the stock reached a new 30-day high at $59.11.
Upcoming catalysts & outlook
Next earnings
2026-09-24
in 14 days
Thesis shift
Neutral / Mixed
bearish signal
Risk level
Low
from change events
Frequently asked questions about KMX
Why did CarMax, Inc. (KMX) stock move?
KMX fell 0.5% to $60.29. No single company-specific catalyst was confirmed during the move window, and it looks technical.
How much did KMX stock fall?
KMX lost 0.46% ($0.28) versus the prior close of $60.57, last trading at $60.29.
When is CarMax, Inc.'s next earnings date?
KMX's next earnings report is scheduled for 2026-09-24 — about 14 days away.
How BestStocks tracks KMX
This page is generated automatically by BestStocks' change-detection system after price move down was detected and verified against independent data sources. It draws on 16 tracked change events for KMX, cross-checked against the data sources listed below. A live intraday quote was not available, so price and volume figures are the confirmed end-of-day close from September 9, 2026 — not the current price — and the percentage move is that session's. They refresh once live quotes resume. For companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.
