CarMax(US:KMX) Jing Ji Guan Cha Wang·2026-02-12 19:02Core Viewpoint - The recent significant stock price movement of CarMax (KMX.US) is influenced by multiple factors including overall industry weakness, pressured profit expectations, market sentiment fluctuations, and shifts in institutional perspectives [1]. Stock Performance - As of February 12, the stock price of CarMax has further declined, reflecting a substantial single-day drop and increased volatility, indicating market sensitivity to retail used car transaction volumes, macroeconomic conditions, and interest rate policies [2]. Industry Sector Situation - The automotive retail sector is experiencing overall weakness, raising concerns about slowing industry demand, which is exerting downward pressure on stocks like CarMax [3]. Operational Performance - The market holds a cautious outlook on CarMax's quarterly performance, facing challenges such as weak retail demand and high financing costs, which may squeeze net profit margins. Previous financial reports indicated a year-over-year revenue decline, with a significant drop in adjusted earnings per share expectations, heightening investor concerns about short-term profitability [4]. Institutional Perspectives - Recent institutional rating data shows a low proportion of "buy" ratings for CarMax, with most institutions holding a "neutral" stance and some recommending a sell. The average target price is below the current stock price, indicating a conservative outlook on short-term prospects [5].