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KARO Stock Forecast 2026-2027
$51.99
Current Price
$1.53B
Market Cap
Buy 6
Hold 0
Sell 0
Wall St Analyst Ratings
Distance to KARO Price Targets
+24.6%
To High Target of $64.79
+15.7%
To Median Target of $60.16
+13.9%
To Low Target of $59.19
KARO Price Momentum
+2.0%
1 Week Change
+13.8%
1 Month Change
+36.3%
1 Year Change
+14.3%
Year-to-Date Change
-17.9%
From 52W High of $63.36
+37.8%
From 52W Low of $37.73
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Latest KARO Stock Price Targets & Analyst Predictions
Based on our analysis of 8 Wall Street analysts, KARO has a bullish consensus with a median price target of $60.16 (ranging from $59.19 to $64.79). The overall analyst rating is N/A (N/A/10). Currently trading at $51.99, the median forecast implies a 15.7% upside. This outlook is supported by 6 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 Ratings
6
Buy
0
Hold
0
Sell
KARO Price Target Range
Low
$59.19
Average
$60.16
High
$64.79
Current: $51.99
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 |
|---|---|---|---|---|---|
| Feb 17, 2026 | Roth Capital | Scott Searle | Buy | Initiates | $62.00 |
| Jan 23, 2026 | Freedom Broker | Buy | Maintains | $N/A | |
| Oct 17, 2025 | Freedom Broker | Buy | Maintains | $N/A | |
| Aug 29, 2025 | UBS | Taylor McGinnis | Buy | Initiates | $60.00 |
| Jul 24, 2025 | Raymond James | Alexander Sklar | Outperform | Reiterates | $60.00 |
| Jul 16, 2025 | Needham | Joshua Reilly | Buy | Initiates | $60.00 |
| Jun 26, 2025 | Morgan Stanley | Roy Campbell | Overweight | Maintains | $53.00 |
| May 16, 2025 | Raymond James | Alexander Sklar | Outperform | Maintains | $58.00 |
| 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 |
Karooooo Ltd. (KARO) Competitors
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 $1.53B with a P/E ratio of 25.7x. The company generates $320.99M in trailing twelve-month revenue with a 19.5% profit margin.
Revenue growth is +21.6% quarter-over-quarter, while maintaining an operating margin of +26.2% and return on equity of +33.6%.
Valuation Metrics
Market Cap
$1.53B
Enterprise Value
$105.00M
P/E Ratio
25.7x
PEG Ratio
2.3x
Price/Sales
0.3x
Growth & Margins
Revenue Growth (YoY)
+21.6%
Gross Margin
+69.4%
Operating Margin
+26.2%
Net Margin
+19.5%
EPS Growth
+11.3%
Financial Health
Cash/Price Ratio
+35.8%
Current Ratio
0.8x
Debt/Equity
19.7x
ROE
+33.6%
ROA
+18.3%
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Karooooo Ltd. (KARO) Business Model
About Karooooo Ltd.
What They Do
Provides innovative fleet management solutions.
Business Model
The company develops and provides Cartrack, a telematics and data analytics platform, which helps businesses optimize fleet management and vehicle recovery. It generates revenue by offering subscription-based services and solutions that enable clients to manage vehicles efficiently, reduce operational costs, and enhance productivity through real-time data insights.
Additional Information
Karooooo Ltd. operates in multiple regions, including South Africa and Asia, and serves various industries with significant logistics and transportation needs. Its focus on innovation and comprehensive data solutions positions it as a key player in the digital transformation of the transportation and logistics sectors.
Company Information
Sector
Technology
Industry
Software - Application
Employees
5,711
CEO
Mr. Isaias Jose Calisto
Country
Singapore
IPO Year
2021
Website
www.karooooo.comKarooooo Ltd. (KARO) Latest News & Analysis
Latest News
Quick Summary
Karooooo Ltd. is a founder-led recurring revenue company, primarily growing in South Africa. Its stock appears fairly valued, with recent growth accompanied by higher reinvestment and limited operating leverage.
Why It Matters
Karooooo Ltd.'s stock appears fairly valued amid strong South African growth, but international markets are unproven. Higher reinvestment with lagging profits signals potential risks for future returns.
Source: Seeking Alpha
Market Sentiment:
Positive
Quick Summary
Cartrack, a subsidiary of Karooooo Limited, has formed a long-term partnership with the Maharishi Invincibility Institute to enhance skills development for marginalized youth in South Africa.
Why It Matters
Cartrack's partnership enhances its corporate social responsibility profile, potentially improving brand reputation and attracting socially conscious investors while addressing unemployment in South Africa.
Source: Business Wire
Market Sentiment:
Neutral
Quick Summary
AI automation and data platforms are enhancing efficiency in financial infrastructure, indicating potential growth in subscription-based business models.
Why It Matters
AI automation enhances operational efficiency, potentially increasing profit margins for firms. Subscription models provide recurring revenue, offering stability and growth potential in volatile markets.
Source: The Motley Fool
Market Sentiment:
Positive
Quick Summary
Cartrack, a subsidiary of Karooooo Limited (NASDAQ: KARO), has surpassed two million active subscribers in South Africa, reflecting its market leadership and growth over two decades.
Why It Matters
Cartrack surpassing two million active subscribers solidifies its market position, indicating strong demand and potential for revenue growth, which is favorable for Karooooo Limited's stock performance.
Source: Business Wire
Market Sentiment:
Neutral
Karooooo to Present at The Raymond James 27th Annual Institutional Investors Conference
2 months ago
Quick Summary
Karooooo (KARO) will have its COO Richard Schubert and VP Paul Bieber present at the Raymond James Institutional Investor Conference on March 4th, with a live webcast available.
Why It Matters
Karooooo's participation in a major investor conference highlights its strategic focus on investor relations, which could influence market perception and stock performance.
Source: Business Wire
Market Sentiment:
Neutral
Quick Summary
Karooooo (KARO) shows strong growth potential, suggesting it may outperform the market.
Why It Matters
Karooooo's solid growth attributes indicate strong potential for significant returns, making it a compelling investment opportunity relative to broader market performance.
Source: Zacks Investment Research
Market Sentiment:
Positive
Frequently Asked Questions About KARO Stock
What is Karooooo Ltd.'s (KARO) stock forecast for 2026?
Based on our analysis of 8 Wall Street analysts, Karooooo Ltd. (KARO) has a median price target of $60.16. The highest price target is $64.79 and the lowest is $59.19.
Is KARO stock a good investment in 2026?
According to current analyst ratings, KARO has 6 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $51.99. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for KARO stock?
Wall Street analysts predict KARO stock could reach $60.16 in the next 12 months. This represents a 15.7% increase from the current price of $51.99. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Karooooo Ltd.'s business model?
The company develops and provides Cartrack, a telematics and data analytics platform, which helps businesses optimize fleet management and vehicle recovery. It generates revenue by offering subscription-based services and solutions that enable clients to manage vehicles efficiently, reduce operational costs, and enhance productivity through real-time data insights.
What is the highest forecasted price for KARO Karooooo Ltd.?
The highest price target for KARO is $64.79 from at , which represents a 24.6% increase from the current price of $51.99.
What is the lowest forecasted price for KARO Karooooo Ltd.?
The lowest price target for KARO is $59.19 from at , which represents a 13.9% increase from the current price of $51.99.
What is the overall KARO consensus from analysts for Karooooo Ltd.?
The overall analyst consensus for KARO is bullish. Out of 8 Wall Street analysts, 6 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $60.16.
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.
Important 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.
Last updated: April 21, 2026 8:33 PM UTC