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CarMax Shareholders Meeting Concludes with Key Decisions

Story Highlights
  • CarMax held its 2025 Annual Meeting of Shareholders on June 24, 2025.
  • Shareholders elected directors, ratified KPMG, and approved executive compensation, but rejected a special meeting proposal.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CarMax Shareholders Meeting Concludes with Key Decisions

Confident Investing Starts Here:

CarMax ( (KMX) ) has provided an announcement.

On June 24, 2025, CarMax held its 2025 Annual Meeting of Shareholders, where several key decisions were made. The shareholders elected directors to the Board for a one-year term, ratified KPMG LLP as the independent registered public accounting firm for fiscal year 2026, and approved a non-binding advisory resolution on executive compensation. However, a shareholder proposal regarding a special meeting right was not approved.

The most recent analyst rating on (KMX) stock is a Sell with a $58.00 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 Outperform.

CarMax’s overall score reflects strong earnings performance and technical momentum, offset by valuation concerns and potential strategic disruptions due to key executive departures. The company’s stable financial position and strategic initiatives in digital expansion and share repurchases support a positive outlook, though challenges remain in CAF income and economic uncertainties.

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

More about CarMax

Average Trading Volume: 3,969,301

Technical Sentiment Signal: Sell

Current Market Cap: $10.28B

Learn more about KMX stock on TipRanks’ Stock Analysis page.

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