Karooooo Ltd. (KARO)
NASDAQ: KARO · Real-Time Price · USD
47.78
-0.85 (-1.75%)
At close: Jul 24, 2025, 4:00 PM
47.79
+0.01 (0.02%)
After-hours: Jul 24, 2025, 7:46 PM EDT
Karooooo Stock Forecast
Stock Price Forecast
The 3 analysts that cover Karooooo stock have a consensus rating of "Strong Buy" and an average price target of $57.67, which forecasts a 20.7% increase in the stock price over the next year. The lowest target is $53 and the highest is $60.
Price Target: $57.67 (+20.7%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Karooooo stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Buy | 3 | 3 | 3 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 2 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Buy Reiterates $58 → $60 | Buy | Reiterates | $58 → $60 | +25.58% | Jul 24, 2025 |
| Needham | Needham | Strong Buy Initiates $60 | Strong Buy | Initiates | $60 | +25.58% | Jul 16, 2025 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $43 → $53 | Buy | Maintains | $43 → $53 | +10.93% | Jun 26, 2025 |
| Raymond James | Raymond James | Buy Maintains $51 → $58 | Buy | Maintains | $51 → $58 | +21.39% | May 16, 2025 |
| Raymond James | Raymond James | Buy Reiterates $46 → $51 | Buy | Reiterates | $46 → $51 | +6.74% | Jan 16, 2025 |
Financial Forecast
Revenue This Year
5.51B
from 4.57B
Increased by 20.68%
Revenue Next Year
6.37B
from 5.51B
Increased by 15.64%
EPS This Year
34.36
from 29.81
Increased by 15.25%
EPS Next Year
39.54
from 34.36
Increased by 15.08%
Financial currency is ZAR. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 5.9B | 6.9B | 7.9B |
| Avg | 5.5B | 6.4B | 7.7B |
| Low | 5.2B | 6.0B | 7.4B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 28.2% | 24.5% | 24.1% |
| Avg | 20.7% | 15.6% | 20.5% |
| Low | 13.6% | 8.0% | 15.8% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 37.22 | 41.90 | 45.93 |
| Avg | 34.36 | 39.54 | 44.62 |
| Low | 31.68 | 36.79 | 42.87 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 24.9% | 21.9% | 16.2% |
| Avg | 15.2% | 15.1% | 12.9% |
| Low | 6.3% | 7.1% | 8.4% |
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.