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NASDAQ:KARO

Karooooo (KARO) Stock Price, News & Analysis

Karooooo logo
$67.20 +0.11 (+0.16%)
As of 08/28/2026 04:00 PM Eastern

About Karooooo Stock (NASDAQ:KARO)

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Key Stats

Today's Range
$66.66
$68.80
50-Day Range
$47.81
$67.20
52-Week Range
$41.25
$68.80
Volume
72,991 shs
Average Volume
92,845 shs
Market Capitalization
$2.08 billion
P/E Ratio
34.11
Dividend Yield
2.23%
Price Target
$73.50
Consensus Rating
Moderate Buy

Company Overview

Karooooo Ltd is a global provider of telematics software-as-a-service solutions for vehicle and fleet management. Through its flagship platform, the company delivers real-time GPS tracking, stolen vehicle recovery and driver behaviour analytics, enabling commercial fleets and automotive insurers to optimise operations, increase safety and reduce costs.

Karooooo’s SaaS platform integrates proprietary hardware devices with cloud-based analytics and mobile applications. Customers gain access to live vehicle location data, engine diagnostics, route planning tools and customizable reporting dashboards. Additional features such as geo-fencing, maintenance alerts and integration with third-party systems support asset tracking, workforce management and insurance telematics programmes.

Originally founded as a vehicle tracking provider in South Africa, the company reorganised under the Karooooo holding structure in 2021. Today, it serves a diverse customer base across Africa, Europe, Asia Pacific and Latin America, operating through regional offices and partnerships. With a subscription-based model, Karooooo continues to invest in platform enhancements and international expansion within the connected mobility and insurance technology markets.

AI Generated. May Contain Errors.

Karooooo Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
87th Percentile Overall Score

KARO MarketRank™: 

Karooooo scored higher than 87% of companies evaluated by MarketBeat, and ranked 121st out of 600 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Karooooo has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on no strong buy ratings, 5 buy ratings, 2 hold ratings, and no sell ratings.

  • Upside/Downside

    The consensus price target for Karooooo is close to its current price, suggesting limited near-term upside or downside.

  • Amount of Analyst Coverage

    Karooooo has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Karooooo's stock forecast and price target.
  • Earnings Growth

    Earnings for Karooooo are expected to grow by 14.94% in the coming year, from $2.41 to $2.77 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Karooooo is 34.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 45.16.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Karooooo is 34.11, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 75.82.

  • Price to Book Value per Share Ratio

    Karooooo has a P/B Ratio of 10.89. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Karooooo's valuation and earnings.
  • Percentage of Shares Shorted

    1.18% of the float of Karooooo has been sold short.
  • Short Interest Ratio / Days to Cover

    Karooooo has a short interest ratio ("days to cover") of 0.81, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Karooooo has recently decreased by 28.38%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Karooooo pays a meaningful dividend of 2.23%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Karooooo has only been increasing its dividend for 2 years.

  • Dividend Coverage

    The dividend payout ratio of Karooooo is 76.14%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on earnings estimates, Karooooo will have a dividend payout ratio of 54.15% next year. This indicates that Karooooo will be able to sustain or increase its dividend.

  • Read more about Karooooo's dividend.
  • News Sentiment

    Karooooo has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.89 average news sentiment score of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 10 news articles for Karooooo this week, compared to 4 articles on an average week.
  • Search Interest

    Only 2 people have searched for KARO on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added Karooooo to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Karooooo insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $17,840,247.00 in company stock.

  • Percentage Held by Insiders

    74.73% of the stock of Karooooo is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Karooooo has minimal institutional ownership at this time.

  • Read more about Karooooo's insider trading history.
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KARO Stock News Headlines

Karooooo (NASDAQ:KARO) CEO Sells 336 Shares
Why Boston Ships In Natural Gas It Already Has at Home
A tanker called the Iberica Knutsen once sailed 2,272 miles from Trinidad and Tobago to deliver liquefied natural gas to Boston. The odd part: the Marcellus Shale, one of the largest natural gas reserves in the world, sits just a few hundred miles away. Porter Stansberry spent years digging into why this happens and what it means for the American energy system.tc pixel
Karooooo (NASDAQ:KARO) CEO Sells $393,827.00 in Stock
Karooooo (NASDAQ:KARO) CEO Sells 650 Shares
See More Headlines

KARO Stock Analysis - Frequently Asked Questions

Karooooo's stock was trading at $45.50 at the beginning of 2026. Since then, KARO stock has increased by 47.7% and is now trading at $67.20.

Karooooo Ltd. (NASDAQ:KARO) issued its earnings results on Thursday, July, 16th. The company reported $0.59 earnings per share for the quarter, beating analysts' consensus estimates of $0.51 by $0.08. The company had revenue of $96.26 million for the quarter. Karooooo had a trailing twelve-month return on equity of 32.03% and a net margin of 17.74%.
Read the conference call transcript
.

Karooooo (KARO) raised $190 million in an initial public offering (IPO) on Thursday, April 1st 2021. The company issued 4,000,000 shares at $47.52 per share. Morgan Stanley, BofA Securities and William Blair served as the underwriters for the IPO.

Karooooo's top institutional shareholders include Public Employees Retirement System of Ohio.
View institutional ownership trends
.

Shares of KARO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Karooooo investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), Humana (HUM), Voyager Therapeutics (VYGR), AUO (AUOTY) and iShares Micro-Cap ETF (IWC).

Company Calendar

Last Earnings
7/16/2026
Record date for 7/27 Dividend
7/17/2026
Ex-Dividend for 7/27 Dividend
7/17/2026
Dividend Payable
7/27/2026
Today
8/30/2026
Next Earnings (Estimated)
10/13/2026
Fiscal Year End
2/28/2027

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Software
Sub-Industry
Application Software
Current Symbol
NASDAQ:KARO
CIK
1828102
Fax
N/A
Employees
7,395
Year Founded
2018

Price Target and Rating

High Price Target
$75.00
Low Price Target
$70.00
Potential Upside/Downside
+9.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

EPS (Trailing Twelve Months)
$1.97
Trailing P/E Ratio
34.11
Forward P/E Ratio
27.88
P/E Growth
N/A
Net Income
$56.95 million
Net Margins
17.74%
Pretax Margin
24.15%
Return on Equity
32.03%
Return on Assets
19.06%

Debt

Debt-to-Equity Ratio
0.15
Current Ratio
1.02
Quick Ratio
1.01

Sales & Book Value

Annual Sales
$314.11 million
Price / Sales
6.61
Cash Flow
$3.48 per share
Price / Cash Flow
19.30
Book Value
$6.17 per share
Price / Book
10.89

Miscellaneous

Outstanding Shares
30,890,000
Free Float
7,807,000
Market Cap
$2.08 billion
Optionable
Not Optionable
Beta
0.85

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This page (NASDAQ:KARO) was last updated on 8/30/2026 by MarketBeat.com Staff.
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