CarMax Announces Departure of Key Executive Officer

CarMax ( (KMX) ) just unveiled an announcement.

On May 9, 2025, CarMax, Inc. announced the departure of James Lyski, its Executive Vice President and Chief Growth and Strategy Officer, effective June 8, 2025. This change in leadership could impact the company’s strategic direction and growth initiatives, as Lyski was a key figure in these areas.

The most recent analyst rating on (KMX) stock is a Sell with a $50.00 price target. To see the full list of analyst forecasts on CarMax stock, see the KMX Stock Forecast page.

Spark’s Take on KMX Stock

According to Spark, TipRanks’ AI Analyst, KMX is a Neutral.

CarMax’s stock score reflects a blend of positive sentiment from strong earnings and strategic initiatives against a backdrop of financial challenges and bearish technical indicators. The balance sheet strength and strategic digital focus provide a foundation for potential growth, but revenue declines and profitability pressures remain key risks.

To see Spark’s full report on KMX stock, click here.

More about CarMax

CarMax, Inc. operates in the automotive retail industry, primarily focusing on the sale of used vehicles. The company is known for its no-haggle pricing and comprehensive vehicle inspection process, positioning itself as a leader in the used car market.

Average Trading Volume: 3,135,543

Technical Sentiment Signal: Strong Sell

Current Market Cap: $10.6B

For a thorough assessment of KMX stock, go to TipRanks’ Stock Analysis page.