Get the latest crypto news, updates, and reports by subscribing to our free newsletter.
Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
© 2026 Index.vn
CarMax is in a period of transition, with leadership changes and pressure from activist investor Starboard Value. Starboard has taken a significant stake in CarMax valued at roughly $350 million and recently nominated two new members to the board of directors. The activist investor was also behind the push to hire Barr as the permanent CEO.
CarMax’s efforts to improve performance are expected to benefit investors over the long term, supported by both the newly appointed CEO and Starboard’s involvement. The company is set to release its fourth-quarter 2025 results on April 14.
Last quarter was challenging for CarMax. Used-unit sales fell 8%, and comparable-store sales declined 9%. Net earnings also decreased year over year by more than 50%.
While the company’s recent results reflect difficulties, much of the performance pressure is attributed to macroeconomic headwinds. CarMax is focused on improving its balance sheet through stock buybacks. The stock is described as relatively inexpensive, with both its forward and trailing price-to-earnings (P/E) ratios hovering slightly above 13.
CarMax shares reached a 52-week high of $82 in March 2025. Four years earlier, the stock was trading above $100 per share.
Starboard is also pushing for operational discipline. Despite the positive direction, the article highlights risks ahead, including tariffs and shrinking consumer wallets. It also emphasizes that investors should consider CarMax with a long-term time horizon, noting that a successful turnaround will require patience.
In brief\n\nBitcoin dropped to about $93,000, falling back below the EMA50 and putting its recent golden cross at risk of invalidation. The global crypto market cap stands at $3.15 trillion, down 2.38% in 24 hours. On Myriad Markets, 82% of the money is betting on Bitcoin pumping to $100K before…