12 Month Price Forecast For KARO
Distance to KARO Price Forecasts
KARO Price Momentum
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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
KARO Price Target Range
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 |
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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
Growth & Margins
Financial Health
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Karooooo Ltd. (KARO) Company Overview
About Karooooo Ltd.
Provides mobility software-as-a-service for connected vehicles.
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.
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
Website
www.karooooo.comKarooooo Ltd. (KARO) Latest News & Analysis
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.
Karooooo's Q3 earnings call provides insights into financial performance and strategy, crucial for evaluating growth potential and investment decisions.
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.
Karooooo's strong subscription growth and profitability contrast with high valuation concerns and regional revenue struggles, influencing investment decisions and market sentiment.
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.
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.
Karooooo Ltd. (KARO) reported quarterly earnings of $0.43 per share, surpassing the Zacks Consensus Estimate of $0.38 per share.
Karooooo Ltd.'s earnings beat expectations, indicating strong financial performance and potential for growth, which can positively influence investor sentiment and stock price.
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.
Karooooo's upcoming Q3 2025 financial results and webinar could impact stock performance, providing insights into growth and operational efficiency for potential investment decisions.
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.
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.
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.