Karooooo Ltd. (KARO)

Stock Price Forecast

According to 10 stock analysts, the average 12-month stock price forecast for Karooooo stock is $31.62, which predicts an increase of 37.30%. The lowest target is $26.26 and the highest is $38.85. On average, analysts rate Karooooo stock as a buy.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$26.26	$31.62	$30.6	$38.85
Change	+14.03%	+37.30%	+32.87%	+68.69%

Analyst Ratings

The average analyst rating for Karooooo stock from 10 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	Oct '22	Nov '22	Dec '22	Jan '23	Feb '23	Mar '23
Strong Buy	5	4	4	4	3	3
Buy	5	5	5	5	5	5
Hold	1	1	1	1	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	11	10	10	10	10	10

Financial Forecast

Revenue This Year

3.61B

Increased by 31.35%

from 2.75B

Revenue Next Year

4.24B

Increased by 17.66%

from 3.61B

EPS This Year

19.57

Increased by 28.44%

from 15.24

EPS Next Year

21.94

Increased by 12.07%

from 19.57

Year	2018	2019	2020	2021	2022	2023	2024
Revenue	1.69B	1.94B	2.29B	2.75B	3.61B	4.24B	4.78B
Revenue Growth	-	14.72%	17.95%	19.89%	31.35%	17.66%	12.56%
EPS	9.15	14.26	15.65	15.24	19.57	21.94	26.59
EPS Growth	-	55.85%	9.75%	-2.62%	28.44%	12.07%	21.22%
No. Analysts	-	-	-	-	6	6	6

Financial currency is ZAR

Revenue Forecast

Revenue	2022	2023	2024
High	3.7B	4.5B	5.3B
Avg	3.6B	4.2B	4.8B
Low	3.5B	4.0B	4.0B

Revenue Growth

Revenue Growth	2022	2023	2024
High	36.1%	25.2%	25.3%
Avg	31.3%	17.7%	12.6%
Low	25.8%	9.9%	-6.6%

EPS Forecast

EPS	2022	2023	2024
High	20.29	24.04	30.30
Avg	19.57	21.94	26.59
Low	18.56	18.78	22.31

EPS Growth

EPS Growth	2022	2023	2024
High	33.1%	22.8%	38.1%
Avg	28.4%	12.1%	21.2%
Low	21.8%	-4.1%	1.7%

Sources: Price target, rating and forecast data provided by Finnhub and sourced from Wall Street analysts and other sell-side and buy-side analysts and investors. Data disclaimer.