CarMax (KMX) traded higher Monday as the market looked ahead to the company’s fiscal fourth-quarter results, due before the open on April 14, 2026, followed by a 9:00 a.m. ET conference call. The setup has drawn incremental dip-buying and short-term positioning after a steep multi-quarter reset in expectations for used-car retail demand and margins. (investors.carmax.com)

Sentiment also got a boost from a recent price-target lift from Stephens, which raised its target to $43 (from $39) while keeping an equal-weight-style stance. Even though the new target sits close to the current trading range, the move signaled reduced downside skew into the print and helped fuel a modest relief rally. (streetinsider.com)

With the earnings date now set, investors are likely to focus on unit trends (retail used and wholesale), gross profit per unit, and any signs that vehicle depreciation and inventory positioning are becoming less volatile. Commentary around CarMax Auto Finance—origination volumes, credit losses, and funding costs—will be closely watched given how quickly affordability can shift demand in used autos. (investors.carmax.com)