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CarMax (KMX) Valuation Check After Launching New ChatGPT Powered Car Shopping App
CarMax has launched the first U.S. auto retailer car shopping app in the ChatGPT app store, aiming to enhance customer acquisition and engagement through AI. Despite a recent 8.28% share price increase over 90 days, the company’s one-year return is down 46.75%. Valuation analysis presents a mixed picture, with one intrinsic estimate suggesting a 36.54% discount, while the most popular narrative implies a 10% overvaluation based on a $38.31 fair value.