KARO Logo

Karooooo Ltd. (KARO) Stock Forecast & Price Prediction

Live KARO Stock Price & Analysis

Home โ€บ Stocks โ€บ Singapore | NASDAQ | Technology | Software - Application

$48.06

-0.21 (-0.44%)

12 Month Price Forecast For KARO

$48.06
Current Price
$1.48B
Market Cap
3 Ratings
Buy 3
Hold 0
Sell 0
Wall St Analyst Ratings

Distance to KARO Price Forecasts

+8.8%
To High Target of $52.29
-0.3%
To Median Target of $47.90
-9.5%
To Low Target of $43.51

KARO Price Momentum

+5.4%
1 Week Change
+7.7%
1 Month Change
+90.3%
1 Year Change
+6.4%
Year-to-Date Change
-4.9%
From 52W High of $50.54
+105.8%
From 52W Low of $23.35

๐Ÿค” Considering Karooooo (KARO)?

Join 5,000+ investors getting our exclusive market analysis every Monday & Thursday. Stay ahead of breakout opportunities.

Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 15, 2025 4:51 PM UTC

KARO Analyst Ratings & Price Targets

Based on our analysis of 5 Wall Street analysts, KARO has a bullish consensus with a median price target of $47.90 (ranging from $43.51 to $52.29). The overall analyst rating is Strong Buy (8.7/10). Currently trading at $48.06, the median forecast implies a -0.3% downside. This outlook is supported by 3 Buy, 0 Hold, and 0 Sell ratings.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

KARO Analyst Consensus

3
Buy
0
Hold
0
Sell

KARO Price Target Range

Low
$43.51
Average
$47.90
High
$52.29
Current: $48.06

Latest KARO Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for KARO.

Date Firm Analyst Rating Change Price Target
Jan 16, 2025 Raymond James Alexander Sklar Outperform Reiterates $51.00
Jul 11, 2024 Morgan Stanley Roy Campbell Overweight Maintains $37.00
Apr 22, 2024 Morgan Stanley Roy Campbell Overweight Maintains $31.00
Jan 24, 2024 Raymond James Brian Peterson Outperform Maintains $29.00
Jan 24, 2024 Morgan Stanley Roy Campbell Overweight Maintains $31.00
Oct 13, 2023 Raymond James Brian Peterson Outperform Maintains $26.00
Aug 1, 2023 Morgan Stanley Roy Campbell Overweight Reiterates $34.00
Jul 31, 2023 Morgan Stanley Roy Campbell Overweight Reiterates $34.00
Jul 25, 2023 Morgan Stanley Roy Campbell Overweight Reiterates $34.00
Jul 24, 2023 Morgan Stanley Roy Campbell Overweight Maintains $34.00
Jul 21, 2023 Raymond James Brian Peterson Outperform Maintains $30.00
Jul 17, 2023 Morgan Stanley Roy Campbell Overweight Reiterates $37.00
Jun 26, 2023 Morgan Stanley Roy Campbell Overweight Reiterates $37.00
Jun 20, 2023 Morgan Stanley Roy Campbell Overweight Reiterates $37.00
Jun 12, 2023 Morgan Stanley Overweight Reiterates $0.00
May 10, 2023 Raymond James Brian Peterson Outperform Maintains $27.00
Jan 24, 2023 Morgan Stanley Roy Campbell Overweight Maintains $37.00
Oct 14, 2022 Raymond James Brian Peterson Outperform Maintains $30.00
Jul 29, 2022 Raymond James Brian Peterson Outperform Maintains $34.00
May 6, 2022 Morgan Stanley Overweight Maintains $41.00

Stocks Similar to Karooooo Ltd.

The following stocks are similar to Karooooo based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Karooooo Ltd. (KARO) Financial Data

Karooooo Ltd. has a market capitalization of $1.48B with a P/E ratio of 31.2x. The company generates $241.39M in trailing twelve-month revenue with a 19.9% profit margin.

Revenue growth is +7.3% quarter-over-quarter, while maintaining an operating margin of +28.0% and return on equity of +31.3%.

Valuation Metrics

Market Cap $1.48B
Enterprise Value $64.57M
P/E Ratio 31.2x
PEG Ratio 26.6x
Price/Sales 0.3x

Growth & Margins

Revenue Growth (YoY) +7.3%
Gross Margin +69.7%
Operating Margin +28.0%
Net Margin +19.9%
EPS Growth +20.8%

Financial Health

Cash/Price Ratio +62.1%
Current Ratio 1.2x
Debt/Equity 19.5x
ROE +31.3%
ROA +17.2%

๐Ÿ”ฅ Want More High-Potential Stock Ideas?

Join 5,000+ investors getting our research on stocks with massive upside potential.

Karooooo Ltd. logo

Karooooo Ltd. (KARO) Company Overview

About Karooooo Ltd.

What They Do

Provides mobility software-as-a-service for connected vehicles.

Business Model

Karooooo Ltd. operates a SaaS platform offering various solutions for fleet management, telematics, and logistics. The company generates revenue through subscription fees for its software applications, as well as services like asset tracking, recovery, and insurance telematics, catering to a diverse clientele including consumers, small businesses, and large enterprises.

Additional Information

Founded in 2001 and headquartered in Singapore, Karooooo serves markets across South Africa, Europe, Asia-Pacific, the Middle East, and the United States. Its product offerings include advanced fleet management tools, risk management systems, and smart IoT solutions, positioning the company as a versatile player in the mobility and logistics software industry.

Company Information

Sector

Technology

Industry

Software - Application

Employees

4,387

CEO

Mr. Isaias Jose Calisto

Country

Singapore

IPO Year

2021

Karooooo Ltd. (KARO) Latest News & Analysis

KARO stock latest news image
Quick Summary

Karooooo Ltd. (NASDAQ: KARO) will hold its Q3 2025 Earnings Conference Call on January 15, 2024, at 8:00 AM ET, featuring key executives including CEO Zak Calisto.

Why It Matters

Karooooo's Q3 earnings call provides insights into financial performance and strategy, crucial for evaluating growth potential and investment decisions.

Source: Seeking Alpha
Market Sentiment: Neutral
KARO stock latest news image
Quick Summary

Karooooo Ltd.'s Cartrack unit reports a 15% revenue increase, driven by a 14% rise in subscription revenue. Despite growth, high P/E ratio and Southeast Asia challenges suggest a "Hold" rating.

Why It Matters

Karooooo's strong subscription growth and profitability contrast with high valuation concerns and regional revenue struggles, influencing investment decisions and market sentiment.

Source: Seeking Alpha
Market Sentiment: Positive
KARO stock latest news image
Quick Summary

Karooooo Limited (NASDAQ: KARO) reported Q3 FY2025 results with a 17% Y/Y increase in subscribers to 2.22 million and a 21% Y/Y rise in earnings per share.

Why It Matters

Karooooo's strong Q3 results, marked by subscriber growth and increased earnings per share, indicate robust operational performance and potential for future profitability, boosting investor confidence.

Source: Business Wire
Market Sentiment: Neutral
KARO stock latest news image
Quick Summary

Karooooo Ltd. (KARO) reported quarterly earnings of $0.43 per share, surpassing the Zacks Consensus Estimate of $0.38 per share.

Why It Matters

Karooooo Ltd.'s earnings beat expectations, indicating strong financial performance and potential for growth, which can positively influence investor sentiment and stock price.

Source: Zacks Investment Research
Market Sentiment: Positive
KARO stock latest news image
Quick Summary

Karooooo Limited (NASDAQ: KARO) will release its Q3 2025 financial results on January 14, 2025, at 4:00 p.m. ET, followed by a webinar on January 15 at 8:00 a.m. ET.

Why It Matters

Karooooo's upcoming Q3 2025 financial results and webinar could impact stock performance, providing insights into growth and operational efficiency for potential investment decisions.

Source: Business Wire
Market Sentiment: Neutral
KARO stock latest news image
Quick Summary

A new report titled "Fleet Management in Southeast Asia - 1st Edition" has been released and is available on ResearchAndMarkets.com as of October 30, 2024.

Why It Matters

The addition of the "Fleet Management in Southeast Asia" report indicates growth potential in the region's logistics sector, signaling investment opportunities in fleet management technologies and services.

Source: GlobeNewsWire
Market Sentiment: Neutral

Frequently Asked Questions About KARO Stock

What is Karooooo Ltd.'s (KARO) stock forecast for 2025?

Based on our analysis of 5 Wall Street analysts, Karooooo Ltd. (KARO) has a median price target of $47.90. The highest price target is $52.29 and the lowest is $43.51.

Is KARO stock a good investment in 2025?

According to current analyst ratings, KARO has 3 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $48.06. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for KARO stock?

Wall Street analysts predict KARO stock could reach $47.90 in the next 12 months. This represents a -0.3% decrease from the current price of $48.06. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Karooooo Ltd.'s business model?

Karooooo Ltd. operates a SaaS platform offering various solutions for fleet management, telematics, and logistics. The company generates revenue through subscription fees for its software applications, as well as services like asset tracking, recovery, and insurance telematics, catering to a diverse clientele including consumers, small businesses, and large enterprises.

What is the highest forecasted price for KARO Karooooo Ltd.?

The highest price target for KARO is $52.29 from at , which represents a 8.8% increase from the current price of $48.06.

What is the lowest forecasted price for KARO Karooooo Ltd.?

The lowest price target for KARO is $43.51 from at , which represents a -9.5% decrease from the current price of $48.06.

What is the overall KARO consensus from analysts for Karooooo Ltd.?

The overall analyst consensus for KARO is bullish. Out of 5 Wall Street analysts, 3 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $47.90.

How accurate are KARO stock price projections?

Stock price projections, including those for Karooooo Ltd., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.