Karooooo Ltd. (KARO)

NASDAQ: KARO · Real-Time Price · USD
46.50
-0.33 (-0.70%)
At close: Mar 6, 2026, 4:00 PM EST
47.39
+0.89 (1.91%)
After-hours: Mar 6, 2026, 4:22 PM EST
Market Cap1.44B -0.4%
Revenue (ttm)306.60M +18.3%
Net Income59.71M +16.0%
EPS1.93 +16.1%
Shares Out 30.89M
PE Ratio24.06
Forward PE21.04
Dividend$1.25 (2.69%)
Ex-Dividend DateAug 15, 2025
Volume38,040
Open46.67
Previous Close46.83
Day's Range45.97 - 47.06
52-Week Range35.88 - 63.36
Beta1.08
AnalystsStrong Buy
Price Target59.00 (+26.88%)
Earnings DateJan 20, 2026

About KARO

Karooooo Ltd. provides a mobility software-as-a-service (SaaS) platform for connected vehicles in South Africa, the rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States. It operates through Cartrack, Carzuka, and Karooooo Logistics segments. The company offers Fleet Management, which provides real-time visibility into the asset base; LiveVision for pro-active risk management and fleet visibility; MiFleet advanced fleet administration for cost management and administration capabilities; and Karooooo Logistics, a softw... [Read more]

Sector Technology
IPO Date Apr 1, 2021
Employees 5,711
Stock Exchange NASDAQ
Ticker Symbol KARO
Full Company Profile

Financial Performance

In fiscal year 2025, Karooooo's revenue was 4.57 billion, an increase of 8.61% compared to the previous year's 4.21 billion. Earnings were 921.03 million, an increase of 24.77%.

Financial numbers in ZAR Financial Statements

Analyst Summary

According to 5 analysts, the average rating for KARO stock is "Strong Buy." The 12-month stock price target is $59.0, which is an increase of 26.88% from the latest price.

Price Target
$59.0
(26.88% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Karooooo to Present at The Raymond James 27th Annual Institutional Investors Conference

SINGAPORE--(BUSINESS WIRE)--Karooooo (KARO), the global provider of mobility and operational intelligence solutions and parent company of Cartrack, today announced that Richard Schubert, Group Chief O...

Other symbols: KARO
17 days ago - Business Wire

Cartrack Partners With Schmitz Cargobull to Deliver Integrated Fleet Telematics Solution for Trailers

SINGAPORE--(BUSINESS WIRE)--Cartrack, a leading global mobility solutions provider and subsidiary of Karooooo Limited (NASDAQ: KARO), has entered into a partnership with Schmitz Cargobull, Europe's pr...

Other symbols: KARO
4 weeks ago - Business Wire

Karooooo Recognised Among Singapore's Fastest-Growing Companies, Reflecting Sustained Growth at Scale

SINGAPORE--(BUSINESS WIRE)--Karooooo Ltd. (NASDAQ: KARO), the global provider of mobility and operational intelligence solutions and parent company of Cartrack, today announced that it earned a place ...

Other symbols: KARO
4 weeks ago - Business Wire

Karooooo Accelerates ARR Growth by 28% to USD298 Million

SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (“Karooooo”) reported strong results and a positive outlook in the third quarter (“Q3 2026”) ended November 30, 2025. Karooooo owns 100% of Cartrack and 81...

Other symbols: KARO
6 weeks ago - Business Wire

Karooooo to Announce Third Quarter 2026 Results on January 20, 2026

SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (NASDAQ: KARO) (“Karooooo” or “the Company”), which owns 100% of Cartrack and 81% of Karooooo Logistics, announced that the Company will release its Third ...

Other symbols: KARO
7 weeks ago - Business Wire

Karooooo to Participate in Upcoming Investor Conferences

SINGAPORE--(BUSINESS WIRE)--Karooooo (KARO), a smart mobility SaaS platform provider for connected vehicles and other mobile assets, today announced that Chief Strategy & Marketing Officer Carmen Cali...

Other symbols: KARO
3 months ago - Business Wire

Cartrack and Volkswagen Group Info Services AG Form Partnership for Fleet Data Integration

SINGAPORE--(BUSINESS WIRE)--Cartrack, a leading global mobility solutions provider and subsidiary of Karooooo Limited (NASDAQ: KARO), today announced its partnership with Volkswagen Group Info Service...

Other symbols: KARO
3 months ago - Business Wire

Karooooo Posts Downbeat Earnings, Joins ASP Isotopes And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

U.S. stock futures were higher this morning, with the Dow futures falling more than 150 points on Wednesday.

Other symbols: ASPIKARO
5 months ago - Benzinga

Karooooo Accelerates Subscription Revenue Growth from 15% to 20%

SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (“Karooooo”) reported strong results and a positive outlook in the second quarter (“Q2 2026”) ended August 31, 2025. Karooooo owns 100% of Cartrack and 74....

Other symbols: KARO
5 months ago - Business Wire

Karooooo to Announce Second Quarter 2026 Results on October 14, 2025

SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (NASDAQ: KARO) (“Karooooo” or “the Company”), which owns 100% of Cartrack and 74.8% of Karooooo Logistics, announced that the Company will release its Seco...

Other symbols: KARO
5 months ago - Business Wire

Karooooo Reports Strong Q1 2026 Results Highlighted By Accelerating Cartrack Revenue Growth

SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (“Karooooo”) reported strong results for the first quarter (“Q1 2026”) ended May 31, 2025. Karooooo owns 100% of Cartrack and 74.8% of Karooooo Logistics. ...

Other symbols: KARO
8 months ago - Business Wire

Karooooo to Announce First Quarter 2026 Results on July 22, 2025

SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (NASDAQ: KARO) (“Karooooo” or “the Company”), which owns 100% of Cartrack and 74.8% of Karooooo Logistics, announced that the Company will release its Firs...

Other symbols: KARO
8 months ago - Business Wire

Karooooo Ltd. Announces Pricing of Secondary Public Offering of Ordinary Shares

SINGAPORE--(BUSINESS WIRE)--Karooooo Ltd. (“Karooooo”) announced the pricing of an underwritten secondary public offering (the “Offering”) of 1,500,000 ordinary shares held by Isaias (Zak) Jose Calist...

Other symbols: KARO
9 months ago - Business Wire

Karooooo Reports Record Q4 and FY2025 Results Fuelled by Accelerating Cartrack Subscriber Revenue Growth and Robust Profitability

SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (“Karooooo”) reported record results for the fourth quarter (“Q4 2025”) and full-year FY 2025 ended February 28, 2025. Karooooo owns 100% of Cartrack and 7...

Other symbols: KARO
10 months ago - Business Wire

Karooooo to Announce Fourth Quarter and Full Year 2025 Results on May 14, 2025

SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (NASDAQ: KARO) (“Karooooo” or “the Company”), that owns 100% of Cartrack and 74.8% of Karooooo Logistics, announced that the Company will release its Fourt...

Other symbols: KARO
10 months ago - Business Wire

Karooooo to Present at The Raymond James 26th Annual Institutional Investors Conference

SINGAPORE--(BUSINESS WIRE)--Karooooo (KARO), a smart mobility SaaS platform provider for connected vehicles and other mobile assets, today announced that Group Chief Operating Officer Richard Schubert...

Other symbols: KARO
1 year ago - Business Wire

Cartrack Launches Wireless Cartrack-Tag to Provide Unmatched and Secure Asset Control in Commercial Operations

JOHANNESBURG, South Africa--(BUSINESS WIRE)--Cartrack, a subsidiary of Karooooo Limited (NASDAQ: KARO), today announced the launch of Cartrack-Tag, an advanced wireless asset tag designed to meet the ...

Other symbols: KARO
1 year ago - Business Wire

Karooooo Delivers Strong Q3 2025 Results with Solid Customer Gains and Record EPS

SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (“Karooooo”) (NASDAQ: KARO) reported strong results in the third quarter of FY2025 (“Q3 2025”) ended November, 30 2024. Karooooo owns 100% of Cartrack and ...

Other symbols: KARO
1 year ago - Business Wire

Karooooo to Announce Third Quarter 2025 Results on January 14, 2025

SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (NASDAQ: KARO) (“Karooooo” or “the Company”), which owns 100% of Cartrack and 74.8% of Karooooo Logistics, announced that the Company will release its Thir...

Other symbols: KARO
1 year ago - Business Wire

Southeast Asia Fleet Management Market Report 2024, Featuring Top 5 Players - Jimi IoT, Cartrack (Karooooo), TransTRACK DTC and Onelink

Dublin, Oct. 30, 2024 (GLOBE NEWSWIRE) -- The "Fleet Management in Southeast Asia - 1st Edition" report has been added to ResearchAndMarkets.com's offering.

Other symbols: KARO
1 year ago - GlobeNewsWire

Karooooo Increases Earnings by 31% Driven by Strong Subscription Revenue Growth and Higher Gross Margins

SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (“Karooooo”) reported strong results and a positive outlook in the second quarter (“Q2 2025”) and Half-Year (“HY 2025”) ended August 31, 2024. Karooooo own...

Other symbols: KARO
1 year ago - Business Wire

Karooooo Ltd (KARO) Trading 5.86% Higher on Oct 2

Shares of Karooooo Ltd (KARO, Financial) surged 5.86% in mid-day trading on Oct 2. The stock reached an intraday high of $40.17, before settling at $39.17, up from its previous close of $37.00.

Other symbols: KARO
1 year ago - GuruFocus

Karooooo to Announce Second Quarter 2025 Results on October 14, 2024

SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (NASDAQ: KARO) (“Karooooo” or “the Company”), which owns 100% of Cartrack and 74.8% of Karooooo Logistics, announced that the Company will release its Seco...

Other symbols: KARO
1 year ago - Business Wire

Karooooo Ltd. Announces Termination of Secondary Public Offering of Ordinary Shares Due to Market Conditions

SINGAPORE--(BUSINESS WIRE)--Karooooo Ltd. (“Karooooo”) today announced that Isaias (Zak) Jose Calisto (the “Selling Shareholder”), Karooooo's Chief Executive Officer, has terminated the underwritten s...

Other symbols: KARO
1 year ago - Business Wire

Karooooo Ltd. Announces Launch of Secondary Public Offering of Ordinary Shares

SINGAPORE--(BUSINESS WIRE)--Karooooo Ltd. (“Karooooo”) today announced the commencement of an underwritten secondary public offering (the “Offering”) of a number of its ordinary shares held by Isaias ...

Other symbols: KARO
1 year ago - Business Wire