Karooooo Ltd. (KARO)
| Market Cap | 1.47B +8.2% |
| Revenue (ttm) | 344.49M +20.0% |
| Net Income | 62.49M +7.9% |
| EPS | 2.02 +7.9% |
| Shares Out | 30.89M |
| PE Ratio | 23.55 |
| Forward PE | 19.84 |
| Dividend | $1.50 (3.15%) |
| Ex-Dividend Date | Jul 17, 2026 |
| Volume | 101,627 |
| Open | 47.52 |
| Previous Close | 47.49 |
| Day's Range | 46.54 - 48.29 |
| 52-Week Range | 41.25 - 63.36 |
| Beta | 0.92 |
| Analysts | Strong Buy |
| Price Target | 60.93 (+27.9%) |
| Earnings Date | May 13, 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]
Financial Performance
In fiscal year 2026, Karooooo's revenue was 5.48 billion, an increase of 19.96% compared to the previous year's 4.57 billion. Earnings were 993.92 million, an increase of 7.91%.
Financial numbers in ZAR Financial StatementsAnalyst Summary
According to 6 analysts, the average rating for KARO stock is "Strong Buy." The 12-month stock price target is $60.93, which is an increase of 27.90% from the latest price.
News
Karooooo management to meet with Needham
Meeting to be held in Boston on June 1 hosted by Needham.
Karooooo to Present at William Blair Growth Stock 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...
Karooooo price target lowered to $55 from $60 at UBS
UBS analyst Taylor McGinnis lowered the firm’s price target on Karooooo (KARO) to $55 from $60 and keeps a Buy rating on the shares. While subscriber growth accelerated, Cartrack annual…
Karooooo price target raised to $68 from $62 at Roth Capital
Roth Capital analyst Scott Searle raised the firm’s price target on Karooooo (KARO) to $68 from $62 and keeps a Buy rating on the shares. The company reported mixed Q4…
Karooooo Q4 Earnings Call Highlights
Karooooo NASDAQ: KARO reported accelerated subscription revenue growth and sharply higher adjusted free cash flow for fiscal 2026, while management said it expects further growth in fiscal 2027 despit...
Karooooo Earnings Call Transcript: Q4 2026
FY 2026 delivered 19% subscription revenue growth, 18% ARR growth, and a 90% surge in free cash flow, with South Africa and Southeast Asia driving strong subscriber gains. FY 2027 guidance targets 18–24% subscription revenue growth and 21% EPS growth, supported by disciplined capital allocation and AI-driven efficiencies.
Karooooo Earnings release: Q4 2026
Karooooo released its Q4 2026 earnings on May 14, 2026, summarizing the period's financial results.
Karooooo Slides: Q4 2026
Karooooo has posted slides in relation to its Q4 2026 quarterly earnings report, which was published on May 14, 2026.
Karooooo reports FY26 adjusted EPS ZAR32.55, up 3% year-over-year
“FY 2026 was another year of strong execution. Despite the stronger ZAR, Cartrack accelerated subscription revenue growth to 19%, up from 15% in the prior year. Our ARR increased 18%…
Karooooo Delivers Accelerating Subscription Revenue Growth and Strong Cash Flow in FY 2026
SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (“Karooooo”) reported record results for the fourth quarter (“Q4 2026”) and year ended February 28, 2026 (“FY 2026”). Karooooo owns 100% of Cartrack and 81...
Karooooo to Announce Fourth Quarter and Full Year 2026 Results on May 13, 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 Fourth...
Karooooo’s Cartrack announces long-term partnership with the Maharishi
Cartrack, a subsidiary of Karooooo (KARO) Limited, has announced a strategic long-term partnership with the Maharishi Invincibility Institute to empower youth from marginalised communities through acc...
Cartrack and Maharishi Invincibility Institute Partner to Build Long-Term Skills and Employment Pathways for South Africa's Youth
JOHANNESBURG--(BUSINESS WIRE)--Cartrack, a leading global software platform for operational excellence and subsidiary of Karooooo Limited (NASDAQ: KARO), has announced a strategic long-term partnershi...
Cartrack Surpasses Two Million Subscribers in South Africa
SINGAPORE--(BUSINESS WIRE)--Cartrack, a leading global mobility solutions provider and subsidiary of Karooooo Limited (NASDAQ: KARO), today announced that it has surpassed two million active subscribe...
Karooooo Transcript: 47th Annual Raymond James Institutional Investor Conference
The platform achieved 28% ARR growth and 22% total revenue growth, driven by strong sales investments and expanding telematics and video solutions. Strategic focus on innovation, customer integration, and regulatory tailwinds supports continued acceleration, with a unique financial profile and robust free cash flow.
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...
Karooooo initiated with a Buy at Roth Capital
Roth Capital analyst Scott Searle initiated coverage of Karooooo (KARO) with a Buy rating and $62 price target The firm says Karooooo is a global vendor of fleet management solutions…
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...
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 ...
Karooooo price target lowered to $61 from $63 at Freedom Capital
Freedom Capital analyst Sergey Glinyanov lowered the firm’s price target on Karooooo (KARO) to $61 from $63 and keeps a Buy rating on the shares. The company reported reported a…
Karooooo Earnings Call Transcript: Q3 2026
Q3 saw record ARR growth, strong subscriber momentum, and robust profitability, with total revenue up 22% and subscription revenue up 20% year-over-year. Cartrack and Karooooo Logistics both delivered strong results, and FY 2026 guidance was raised for Cartrack subscription revenue and margins.
Karooooo Earnings release: Q3 2026
Karooooo released its Q3 2026 earnings on January 21, 2026, summarizing the period's financial results.
Karooooo Slides: Q3 2026
Karooooo has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on January 21, 2026.
Karooooo reports Q3 EPS ZAR 8.55 vs ZAR 7.68 last year
The company also reported Q3 subscription revenue ZAR 1.24B, up 20% y/y. “”Our Q3 performance reflects our consistent and disciplined track record of growing our business at scale. We continued…
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...