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Despite CarMax’s underperformance relative to the broader market over the past year, Wall Street analysts remain moderately bullish about the stock’s prospects.
Carvana is out of trouble, at least for now.
CarMax's second-quarter ends next month, and analysts are projecting double-digit earnings growth.
CarMax's fiscal 2025 first-quarter earnings fell year over year, but the used car dealer's business is still more attractive than Carvana's.
The huge number of SUVs available today can complicate the shopping experience
The used car business faces a handful of industrywide challenges that are too serious to ignore.