CarMax is honored as one of the 100 Best Companies to Work For® in 2026 by Fortune and Great Place to Work®.
Quiver AI Summary
CarMax has been named one of the 100 Best Companies to Work For® by Fortune Media and Great Place to Work® for the 22nd consecutive year, ranking #56 for 2026. This recognition highlights CarMax's strong workplace culture, as reflected in employee survey responses analyzed by Great Place to Work, which underscores the importance of trust in organizational performance. CarMax, the largest used car retailer in the U.S., also received other accolades over the past year, such as being recognized as one of the Best Workplaces in Retail and for Parents. The company is actively hiring for various positions across its business and offers competitive pay, comprehensive benefits, and a commitment to community and environmental responsibility. Interested applicants can find job openings on CarMax's careers website.
Potential Positives
- CarMax has been recognized as one of the 100 Best Companies to Work For® for 2026, marking the 22nd consecutive year on this prestigious list, which emphasizes the company's commitment to employee satisfaction and workplace culture.
- The company ranked #56 in the 2026 list, reinforcing its positive reputation in the competitive retail environment and potentially attracting new talent and customers.
- CarMax's Chief Human Resources Officer highlighted the culture of trust and support among associates, which can lead to better employee engagement and performance, ultimately benefiting the company’s overall business outcomes.
- In addition to the main recognition, CarMax received multiple accolades over the past year, including “Best Workplaces in Retail” and “Military Friendly Employer,” enhancing its brand image and appeal to diverse workforce segments.
Potential Negatives
- Despite being named one of the 100 Best Companies to Work For for 22 consecutive years, CarMax ranked lower at #56 in 2026 compared to previous years, which may indicate a decline in employee satisfaction or a more competitive environment.
- The reliance on survey responses from employees to secure rankings may expose CarMax to potential criticisms regarding how representative or comprehensive employee sentiment truly is.
- The emphasis on numerous job openings might suggest that the company is experiencing workforce turnover issues or gaps that they are struggling to fill.
FAQ
What recognition did CarMax receive in 2026?
CarMax was recognized as one of the 100 Best Companies to Work For® by Fortune Media and Great Place to Work® in 2026.
How many years has CarMax been on the Best Companies list?
This marks the 22nd consecutive year that CarMax has been named to the prestigious Best Companies to Work For® list.
What is the ranking of CarMax in 2026?
In 2026, CarMax ranked #56 on the Fortune 100 Best Companies to Work For® list.
How are the Best Companies to Work For® selected?
Selection is based on anonymous survey responses from over 1.3 million U.S. employees analyzed by Great Place to Work Certified™.
What job openings are available at CarMax?
CarMax has various job openings including roles in sales, auto technicians, business office associates, and customer specialists.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$KMX Insider Trading Activity
$KMX insiders have traded $KMX stock on the open market 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $KMX stock by insiders over the last 6 months:
- MARK F ONEIL purchased 10,816 shares for an estimated $499,807
- MITCHELL D STEENROD purchased 2,000 shares for an estimated $91,140
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$KMX Hedge Fund Activity
We have seen 249 institutional investors add shares of $KMX stock to their portfolio, and 397 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 6,367,957 shares (+55.5%) to their portfolio in Q4 2025, for an estimated $246,057,858
- SRS INVESTMENT MANAGEMENT, LLC added 5,327,603 shares (+1717.5%) to their portfolio in Q4 2025, for an estimated $205,858,579
- APOLLO MANAGEMENT HOLDINGS, L.P. added 5,046,474 shares (+inf%) to their portfolio in Q4 2025, for an estimated $194,995,755
- AQR CAPITAL MANAGEMENT LLC added 4,780,903 shares (+151.8%) to their portfolio in Q4 2025, for an estimated $184,734,091
- FIDUCIARY MANAGEMENT INC /WI/ removed 3,249,561 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $125,563,037
- D. E. SHAW & CO., INC. added 2,858,518 shares (+364.4%) to their portfolio in Q4 2025, for an estimated $110,453,135
- TURTLE CREEK ASSET MANAGEMENT INC. removed 2,707,477 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $104,616,911
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$KMX Analyst Ratings
Wall Street analysts have issued reports on $KMX in the last several months. We have seen 0 firms issue buy ratings on the stock, and 3 firms issue sell ratings.
Here are some recent analyst ratings:
- B of A Securities issued a "Underperform" rating on 12/19/2025
- Barclays issued a "Underweight" rating on 12/19/2025
- JP Morgan issued a "Underweight" rating on 12/19/2025
To track analyst ratings and price targets for $KMX, check out Quiver Quantitative's $KMX forecast page.
$KMX Price Targets
Multiple analysts have issued price targets for $KMX recently. We have seen 12 analysts offer price targets for $KMX in the last 6 months, with a median target of $36.0.
Here are some recent targets:
- Michael Montani from Evercore ISI Group set a target price of $39.0 on 03/17/2026
- Craig Kennison from Baird set a target price of $48.0 on 02/18/2026
- John Babcock from Barclays set a target price of $28.0 on 01/21/2026
- Rajat Gupta from JP Morgan set a target price of $28.0 on 12/19/2025
- John Murphy from B of A Securities set a target price of $31.0 on 12/19/2025
- Scot Ciccarelli from Truist Securities set a target price of $37.0 on 12/19/2025
- Steven Shemesh from RBC Capital set a target price of $37.0 on 12/19/2025
Full Release
RICHMOND, Virginia, April 01, 2026 (GLOBE NEWSWIRE) -- Fortune Media and Great Place to Work® have recognized CarMax (NYSE: KMX) as one of the 100 Best Companies to Work For® in 2026. This marks the 22 nd consecutive year that CarMax has been named to this prestigious list, which annually recognizes the best companies to work for in the country. CarMax , the nation’s largest retailer of used cars , ranks #56 for 2026.
“Congratulations to CarMax associates for this recognition, which reflects the culture you’ve built and strengthened over time,” said Craig Cronheim, CarMax’s Chief Human Resources Officer. “I’m grateful for the trust, care, and support you show one another, our customers, and communities every day.”
The Fortune 100 Best Companies to Work For ® award is highly competitive and is the only recognition that focuses on how employees feel about their workplace. To determine the list, Great Place to Work Certified™ analyzed the anonymous survey responses of more than 1.3 million U.S. employees. Only companies with consistently high survey responses across the 60 statements that comprise the Trust Index™ Survey earn placement on the exclusive list.
“Trust in the organization is a leading indicator of business performance,” says Michael C. Bush, CEO of Great Place To Work. “When employees trust their leaders, they are more willing to give extra effort, embrace innovation, and deliver a better experience to customers.”
Additional recognitions over the last year for CarMax include Fortune’s “ Best Workplaces in Retail ;” Fortune’s “ Best Workplaces for Parents ;” PEOPLE’s “ Companies that Care ;” and recognition by Military Friendly as a “ Military Friendly Employer .”
CarMax currently has job openings across several areas of its business. Positions range from full- to part-time, with day and evening shifts available. Some of the current open positions include roles such as auto technicians and automotive service professionals, sales, business office associates and customer specialists. Jobs are also available at CarMax’s corporate locations, including technology, strategy, and data science roles. Interested candidates can visit careers.carmax.com to apply.
CarMax is proud to provide competitive pay and benefits, including:
- Discounts on car purchases, which can be extended to family members – including spouses, parents, grandparents, siblings and children.
- Immediate 401(k) eligibility with an industry-leading 6% match on eligible contributions.
- Wellness benefits such as gym discounts and free access to Headspace, which provides guided meditation and mindfulness that can support overall well-being and better sleep.
- Paid time off, comprehensive medical plan, tuition reimbursement, adoption assistance, employee stock purchase plan, and more.
# # #
About CarMax
CarMax, the nation’s largest retailer of used autos, revolutionized the automotive retail industry by driving integrity, honesty and transparency in every interaction. The company offers a truly personalized experience with the option for customers to do as much, or as little, online and in-store as they want. During the fiscal year that ended February 28, 2025, CarMax sold approximately 790,000 used vehicles and 540,000 wholesale vehicles at its auctions. In addition, CarMax Auto Finance originated more than $8 billion in auto loans during fiscal 2025, adding to its nearly $18 billion portfolio. CarMax has more than 250 store locations, over 28,000 associates, and is proud to have been recognized for 22 consecutive years as one of the Fortune 100 Best Companies to Work For®. CarMax is committed to helping its communities thrive and reducing the environmental footprint of its operations. Learn more in the
2025 Responsibility Report
. For more information, visit
www.carmax.com
.