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Karooooo (KARO) Stock Price, News & Analysis

Karooooo logo
$64.24 +0.21 (+0.33%)
Closing price 07/31/2026 04:00 PM Eastern
Extended Trading
$64.27 +0.03 (+0.05%)
As of 07/31/2026 07:34 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Karooooo Stock (NASDAQ:KARO)

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Key Stats

Today's Range
$63.67
$66.23
50-Day Range
$45.54
$65.16
52-Week Range
$41.25
$66.23
Volume
140,925 shs
Average Volume
146,247 shs
Market Capitalization
$1.98 billion
P/E Ratio
32.61
Dividend Yield
2.33%
Price Target
$73.50
Consensus Rating
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
89th Percentile Overall Score

KARO MarketRank™: 

Karooooo scored higher than 89% of companies evaluated by MarketBeat, and ranked 110th out of 595 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 Buy. The company's average rating score is 3.00, and is based on 1 strong buy rating, 5 buy ratings, 1 hold rating, and no sell ratings.

  • Upside Potential

    Karooooo has a consensus price target of $73.50, representing about 14.4% upside from its current price of $64.24.

  • 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 32.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 46.01.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Karooooo is 32.61, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 79.78.

  • Price to Book Value per Share Ratio

    Karooooo has a P/B Ratio of 9.07. 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

    1.90% 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 1.01, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Karooooo has recently increased by 0.45%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Karooooo pays a meaningful dividend of 2.34%, 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 0.33. 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 0.68 average news sentiment score of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 15 news articles for Karooooo this week, compared to 3 articles on an average week.
  • Search Interest

    2 people have searched for KARO on MarketBeat in the last 30 days.
  • MarketBeat Follows

    3 people have added Karooooo to their MarketBeat watchlist in the last 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 $6,295,981.00 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

Isaias Jose Calisto Sells 31,897 Shares of Karooooo (NASDAQ:KARO) Stock
A 50-year dollar arrangement just ended - what it means for you
In 1974, Henry Kissinger helped create the U.S.-Saudi Arabia Joint Commission on Economic Cooperation - a little-known arrangement that tied global oil trade to the U.S. dollar for 50 years. On June 9, 2024, it quietly expired. Garrett Goggin, CFA, CMT, believes this dollar reset could hit stocks, real estate, and retirement accounts hard - with inflation potentially running 10% to 15% for years. He has identified a small group of gold stocks he thinks are positioned to benefit as the dollar system shifts.tc pixel
Wall Street Zen Upgrades Karooooo (NASDAQ:KARO) to Buy
Karooooo (NASDAQ:KARO) CEO Sells 22,036 Shares of Stock
See More Headlines

KARO Stock Analysis - Frequently Asked Questions

Karooooo's stock was trading at $45.50 at the beginning of the year. Since then, KARO stock has increased by 41.2% and is now trading at $64.24.

Karooooo Ltd. (NASDAQ:KARO) issued its quarterly earnings data on Thursday, July, 16th. The company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.51 by $0.08. The firm earned $96.26 million during 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 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.

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
8/02/2026
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
+14.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

EPS (Trailing Twelve Months)
$1.97
Trailing P/E Ratio
32.61
Forward P/E Ratio
26.66
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
6.32
Cash Flow
$3.48 per share
Price / Cash Flow
18.45
Book Value
$7.08 per share
Price / Book
9.07

Miscellaneous

Outstanding Shares
30,890,000
Free Float
7,807,000
Market Cap
$1.98 billion
Optionable
Not Optionable
Beta
0.89

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This page (NASDAQ:KARO) was last updated on 8/2/2026 by MarketBeat.com Staff.
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