Karooooo Achieves Analyst Price Target
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 30 2025
0mins
Should l Buy KARO?
Source: NASDAQ.COM
Current Stock Performance: Karooooo Ltd's shares have surpassed the average analyst 12-month target price of $58.75, trading at $60.40/share, prompting potential reassessment of target prices by analysts.
Analyst Target Variability: There are differing analyst targets for Karooooo Ltd, with one as low as $55.00 and another as high as $60.00, indicating a range of opinions on the stock's valuation and future performance.
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Analyst Views on KARO
Wall Street analysts forecast KARO stock price to rise
4 Analyst Rating
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 48.880
Low
55.00
Averages
58.33
High
60.00
Current: 48.880
Low
55.00
Averages
58.33
High
60.00
About KARO
Karooooo Ltd. is a Singapore-based company. The principal activities include the provision of real-time mobility data analytics solutions for smart transportation through its software-as-a-service (SaaS) platform, physical and electronic commerce vehicle buying and selling, and providing a technology platform focused on last-mile delivery. The Company’s segments include Cartrack, Carzuka, and Karooooo Logistics. Cartrack offers an on-the-ground operational Internet of Things (IoT) SaaS cloud that optimizes transportation, operations, and workflow data. Carzuka is a physical and electronic commerce marketplace for vehicle buying and selling, allowing customers to source, buy, and sell vehicles. Karooooo Logistics provides a software application for managing last-mile delivery and general operational logistics. The Company’s subsidiaries include Cartrack Holdings Proprietary Limited, Carzuka.com Pte Ltd, Karooooo Management Company Pte. Ltd., Karooooo Cartrack Limited, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Karooooo Recognized Among Singapore's Fastest-Growing Companies 2026
- Significant Revenue Growth: Karooooo achieved SGD 334.6 million in revenue for 2024, making it one of only 16 companies on the Singapore's Fastest-Growing Companies 2026 list with revenue exceeding SGD 100 million, showcasing its strong growth capability at scale.
- Global Business Expansion: As a global provider of mobility and operational intelligence solutions, Karooooo, through its subsidiary Cartrack, serves millions of connected vehicles and assets across more than 20 countries, enhancing its competitive edge and market influence worldwide.
- Operational Intelligence Platform Advantage: Cartrack's operational intelligence platform transforms real-world operational data into actionable insights, enabling businesses to improve efficiency, safety, and compliance, thereby achieving consistent, repeatable growth across various markets and demonstrating a strong customer value proposition.
- Culture of Execution Excellence: CEO Zak Calisto emphasized that the company's success stems from its culture of execution excellence and long-term customer trust, which allows it to achieve sustained growth from a significant revenue base, further solidifying its position as a global technology company.
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Realty Income (O) Shares Drop 0.41%, Ending Six-Session Winning Streak
- Stock Pullback: Realty Income shares fell 0.41% on Wednesday to $61.37, ending a six-session winning streak, reflecting cautious sentiment in the real estate sector amid broader market pressures.
- Market Performance Comparison: Between January 12 and 20, Realty Income's stock gained approximately 4.64%, significantly outperforming the S&P 500's decline of -2.59%, indicating its relative resilience in a volatile market.
- Policy Uncertainty Impact: While President Trump's comments on housing policy initially boosted market sentiment, weaker-than-expected pending home sales data raised further concerns about the near-term health of the housing market, contributing to the stock's decline.
- Analyst Rating Discrepancies: According to Seeking Alpha's rating system, Realty Income is rated as a
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Karooooo Q3 2026 Earnings: 28% ARR Growth Approaching $300 Million
- Significant ARR Growth: Karooooo's annual recurring revenue (ARR) surged by 28% in Q3 FY 2026, reaching $298 million, demonstrating the company's ability to effectively expand its revenue base while making substantial investments in sales and marketing.
- Strong Subscription Revenue: Subscription revenue increased by 20% year-over-year to ZAR 1.239 billion in Q3, reflecting robust performance in the South African market, particularly with subscriber numbers rising to 2.6 million, further solidifying its market leadership.
- High Customer Retention: The commercial customer ARR retention rate remained at 95%, indicating that the company's ongoing investments in customer service and product value are effectively enhancing customer loyalty and driving long-term growth.
- Healthy Profit Margins: Despite a 47% increase in sales and marketing expenses, Karooooo maintained an operating profit margin of 28%, showcasing the company's ability to sustain strong profitability and financial health while expanding its business.
See More
Karooooo (KARO) Reports Q3 Earnings with ZAR 1.41B Revenue and Upgraded Buy Rating
- Earnings Highlights: Karooooo reported a Q3 GAAP EPS of ZAR 8.55, indicating sustained profitability growth that boosts investor confidence in its future performance.
- Revenue Performance: The company achieved revenue of ZAR 1.41 billion in Q3, reflecting strong competitiveness and robust customer demand compared to the previous year.
- Upgraded Rating: Analysts have upgraded Karooooo to a 'Buy' rating, signaling market recognition of its profit growth potential, which may attract more investor interest.
- Strategic Partnerships: At the UBS Global Technology and AI Conference, Karooooo showcased its collaboration with Cartrack and Volkswagen, aiming to enhance service quality and market share through fleet data integration.
See More
Karooooo Reports Q3 2026: Subscription Revenue Grows 20% to ZAR 1.236 Billion
- Accelerated Revenue Growth: Karooooo's Q3 2026 SaaS annualized recurring revenue (ARR) grew 22% year-over-year to ZAR 5.106 billion, demonstrating the company's strong performance and sustained growth potential in the market.
- Subscriber Increase: Cartrack's subscribers rose 16% year-over-year to 2.6 million, with net additions of 111,478 marking a record high, indicating the company's success in customer expansion and market penetration.
- Dollar Revenue Boost: SaaS ARR in USD accelerated 28% year-over-year to USD 298 million, reflecting the company's competitiveness in international markets and the effectiveness of its revenue diversification strategy.
- Strategic Investment Commitment: CEO Zak Calisto emphasized the company's ongoing investment in distribution capacity to create durable advantages, while committing to disciplined capital allocation and strong unit economics aimed at delivering long-term shareholder value.
See More
Powell Faces Legal Threat as Markets React Significantly
- Legal Investigation Pressure: Federal Reserve Chair Jerome Powell disclosed that the Department of Justice has opened an investigation into him, leading to a more than 0.5% drop in S&P 500 futures and a 1% decline in Nasdaq at one point, indicating market concerns over policy uncertainty.
- Gold Price Surge: Following the DOJ's actions, investors flocked to safe-haven assets, pushing gold prices to a record high of $4,612, while silver reached $84.69 per ounce, reflecting heightened market anxiety about future economic conditions.
- Google and Walmart Collaboration: At the National Retail Federation annual show, Google announced its Universal Commerce Protocol, planning to leverage its Gemini AI assistant in partnership with Walmart, enhancing both companies' competitive edge in the e-commerce sector.
- Inflation Data Impacting Fed Policy: The December consumer price index (CPI) is expected to remain steady at 0.3% month-over-month and 2.7% year-over-year, which will influence the Fed's interest rate decision on January 28, despite a 95% market expectation for no rate change.
See More
Karooooo Recognized Among Singapore's Fastest-Growing Companies 2026
- Significant Revenue Growth: Karooooo achieved SGD 334.6 million in revenue for 2024, making it one of only 16 companies on the Singapore's Fastest-Growing Companies 2026 list with revenue exceeding SGD 100 million, showcasing its strong growth capability at scale.
- Global Business Expansion: As a global provider of mobility and operational intelligence solutions, Karooooo, through its subsidiary Cartrack, serves millions of connected vehicles and assets across more than 20 countries, enhancing its competitive edge and market influence worldwide.
- Operational Intelligence Platform Advantage: Cartrack's operational intelligence platform transforms real-world operational data into actionable insights, enabling businesses to improve efficiency, safety, and compliance, thereby achieving consistent, repeatable growth across various markets and demonstrating a strong customer value proposition.
- Culture of Execution Excellence: CEO Zak Calisto emphasized that the company's success stems from its culture of execution excellence and long-term customer trust, which allows it to achieve sustained growth from a significant revenue base, further solidifying its position as a global technology company.
See More
Realty Income (O) Shares Drop 0.41%, Ending Six-Session Winning Streak
- Stock Pullback: Realty Income shares fell 0.41% on Wednesday to $61.37, ending a six-session winning streak, reflecting cautious sentiment in the real estate sector amid broader market pressures.
- Market Performance Comparison: Between January 12 and 20, Realty Income's stock gained approximately 4.64%, significantly outperforming the S&P 500's decline of -2.59%, indicating its relative resilience in a volatile market.
- Policy Uncertainty Impact: While President Trump's comments on housing policy initially boosted market sentiment, weaker-than-expected pending home sales data raised further concerns about the near-term health of the housing market, contributing to the stock's decline.
- Analyst Rating Discrepancies: According to Seeking Alpha's rating system, Realty Income is rated as a
See More
Karooooo Q3 2026 Earnings: 28% ARR Growth Approaching $300 Million
- Significant ARR Growth: Karooooo's annual recurring revenue (ARR) surged by 28% in Q3 FY 2026, reaching $298 million, demonstrating the company's ability to effectively expand its revenue base while making substantial investments in sales and marketing.
- Strong Subscription Revenue: Subscription revenue increased by 20% year-over-year to ZAR 1.239 billion in Q3, reflecting robust performance in the South African market, particularly with subscriber numbers rising to 2.6 million, further solidifying its market leadership.
- High Customer Retention: The commercial customer ARR retention rate remained at 95%, indicating that the company's ongoing investments in customer service and product value are effectively enhancing customer loyalty and driving long-term growth.
- Healthy Profit Margins: Despite a 47% increase in sales and marketing expenses, Karooooo maintained an operating profit margin of 28%, showcasing the company's ability to sustain strong profitability and financial health while expanding its business.
See More
Karooooo (KARO) Reports Q3 Earnings with ZAR 1.41B Revenue and Upgraded Buy Rating
- Earnings Highlights: Karooooo reported a Q3 GAAP EPS of ZAR 8.55, indicating sustained profitability growth that boosts investor confidence in its future performance.
- Revenue Performance: The company achieved revenue of ZAR 1.41 billion in Q3, reflecting strong competitiveness and robust customer demand compared to the previous year.
- Upgraded Rating: Analysts have upgraded Karooooo to a 'Buy' rating, signaling market recognition of its profit growth potential, which may attract more investor interest.
- Strategic Partnerships: At the UBS Global Technology and AI Conference, Karooooo showcased its collaboration with Cartrack and Volkswagen, aiming to enhance service quality and market share through fleet data integration.
See More
Karooooo Reports Q3 2026: Subscription Revenue Grows 20% to ZAR 1.236 Billion
- Accelerated Revenue Growth: Karooooo's Q3 2026 SaaS annualized recurring revenue (ARR) grew 22% year-over-year to ZAR 5.106 billion, demonstrating the company's strong performance and sustained growth potential in the market.
- Subscriber Increase: Cartrack's subscribers rose 16% year-over-year to 2.6 million, with net additions of 111,478 marking a record high, indicating the company's success in customer expansion and market penetration.
- Dollar Revenue Boost: SaaS ARR in USD accelerated 28% year-over-year to USD 298 million, reflecting the company's competitiveness in international markets and the effectiveness of its revenue diversification strategy.
- Strategic Investment Commitment: CEO Zak Calisto emphasized the company's ongoing investment in distribution capacity to create durable advantages, while committing to disciplined capital allocation and strong unit economics aimed at delivering long-term shareholder value.
See More
Powell Faces Legal Threat as Markets React Significantly
- Legal Investigation Pressure: Federal Reserve Chair Jerome Powell disclosed that the Department of Justice has opened an investigation into him, leading to a more than 0.5% drop in S&P 500 futures and a 1% decline in Nasdaq at one point, indicating market concerns over policy uncertainty.
- Gold Price Surge: Following the DOJ's actions, investors flocked to safe-haven assets, pushing gold prices to a record high of $4,612, while silver reached $84.69 per ounce, reflecting heightened market anxiety about future economic conditions.
- Google and Walmart Collaboration: At the National Retail Federation annual show, Google announced its Universal Commerce Protocol, planning to leverage its Gemini AI assistant in partnership with Walmart, enhancing both companies' competitive edge in the e-commerce sector.
- Inflation Data Impacting Fed Policy: The December consumer price index (CPI) is expected to remain steady at 0.3% month-over-month and 2.7% year-over-year, which will influence the Fed's interest rate decision on January 28, despite a 95% market expectation for no rate change.
See More
