Karooooo Ltd. (KARO)
NASDAQ: KARO · Real-Time Price · USD
45.16
-0.24 (-0.53%)
Jan 21, 2025, 4:00 PM EST - Market closed
Karooooo Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Karooooo stock have an average target of 39, with a low estimate of 29 and a high estimate of 51. The average target predicts a decrease of -13.64% from the current stock price of 45.16.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Karooooo stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Buy Reiterates $46 → $51 | Buy | Reiterates | $46 → $51 | +12.93% | Jan 16, 2025 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $31 → $37 | Buy | Maintains | $31 → $37 | -18.07% | Jul 11, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $31 | Buy | Maintains | $31 | -31.36% | Apr 22, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $34 → $31 | Buy | Maintains | $34 → $31 | -31.36% | Jan 24, 2024 |
| Raymond James | Raymond James | Buy Maintains $26 → $29 | Buy | Maintains | $26 → $29 | -35.78% | Jan 24, 2024 |
Financial Forecast
Revenue This Year
4.63B
from 4.21B
Increased by 10.02%
Revenue Next Year
5.30B
from 4.63B
Increased by 14.46%
EPS This Year
29.60
from 23.85
Increased by 24.10%
EPS Next Year
32.62
from 29.60
Increased by 10.19%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 4.8B | 5.6B | 6.2B |
| Avg | 4.6B | 5.3B | 6.0B |
| Low | 4.4B | 5.0B | 5.7B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 13.6% | 21.3% | 16.4% |
| Avg | 10.0% | 14.5% | 12.8% |
| Low | 5.5% | 7.7% | 8.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 31.19 | 35.18 | 37.01 |
| Avg | 29.60 | 32.62 | 35.83 |
| Low | 27.77 | 29.60 | 34.30 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 30.8% | 18.8% | 13.5% |
| Avg | 24.1% | 10.2% | 9.8% |
| Low | 16.4% | -0.0% | 5.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.