CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles and related products in the United States. The company operates in two segments: CarMax Sales Operations and CarMax Auto Finance. The CarMax Sales Operations segment offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; wholesale auctions; extended protection plans to customers at the time of sale; and reconditioning and vehicle repair services. The CarMax Auto Finance segment provides financing alternatives for retail customers across a range of credit spectrum and arrangements with various financial institutions. The company was founded in 1993 and is based in Richmond, Virginia.
| Horizon | Bear case (−1σ) | Base case | Bull case (+1σ) |
|---|---|---|---|
| 1 Month | $43.41 (-12.3%) | $49.48 | $56.40 (+14.0%) |
| 3 Months | $39.44 (-20.3%) | $49.48 | $62.07 (+25.4%) |
| 6 Months | $35.91 (-27.4%) | $49.48 | $68.18 (+37.8%) |
| 12 Months | $31.44 (-36.5%) | $49.48 | $77.86 (+57.4%) |