Karooooo (KARO) Stock Price, News & Analysis

Company Overview

Karooooo Ltd. is a Singapore-based technology company that provides connected-vehicle and mobility solutions through its Cartrack business. Its cloud-based platform uses telematics, vehicle tracking and data analytics to help businesses monitor vehicles and assets, improve fleet operations, manage driver behavior and enhance safety.

The company’s products and services include real-time vehicle location and monitoring, fleet management, stolen-vehicle recovery, vehicle and asset tracking, maintenance and fuel-management tools, and workflow solutions. Karooooo also provides data-driven services for insurance, logistics and other commercial applications, helping customers manage transportation activities and connected assets through software and mobile applications.

Karooooo serves commercial customers and consumers across several international markets, with operations spanning parts of Africa, Asia-Pacific, Europe and Latin America. The business originated as Cartrack, which was founded in 2004, and Karooooo became the parent company of Cartrack following its Nasdaq listing in 2021. Founder Zak Calisto serves as the company’s chief executive officer.

Key Stats

• Today's Range: $62.95 to $64.76
• 50-Day Range: $60.00 to $68.71
• 52-Week Range: $41.25 to $68.80
• Volume: 45,858 shs
• Average Volume: 76,380 shs
• Market Capitalization: $1.98 billion
• P/E Ratio: 30.66
• Dividend Yield: 2.34%
• Price Target: $72.80
• Consensus Rating: Moderate Buy

Karooooo Stock Analysis - MarketRank™

Karooooo scored higher than 87% of companies evaluated by MarketBeat, and ranked 103rd out of 590 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Karooooo has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on no strong buy ratings, 5 buy ratings, 3 hold ratings, and no sell ratings.

Upside Potential

Karooooo has a consensus price target of $72.80, representing about 13.6% upside from its current price of $64.07.

Amount of Analyst Coverage

Karooooo has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 18.44%

Earnings Growth

Earnings for Karooooo are expected to grow by 18.44% in the coming year, from $2.44 to $2.89 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Karooooo is 30.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of Karooooo is 30.66, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 78.43.

Price to Book Value per Share Ratio

Karooooo has a P/B Ratio of 10.38. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.74% 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 2.34, 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 223.21%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Karooooo pays a meaningful dividend of 2.36%, 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 71.77%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Karooooo will have a dividend payout ratio of 51.90% next year. This indicates that Karooooo will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.29

News Sentiment

Karooooo has a news sentiment score of 0.29. 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 0.47 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 18 news articles for Karooooo this week, compared to 3 articles on an average week.

MarketBeat Follows

2 people have added Karooooo to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.4 / 5
• Insider Trading: Selling Shares

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.

Company Calendar

• Last Earnings: 5/13/2026
• Record date for 7/27 Dividend: 7/17/2026
• Ex-Dividend for 7/27 Dividend: 7/17/2026
• Dividend Payable: 7/27/2026
• Today: 10/25/2026
• Fiscal Year End: 2/28/2027

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Technology
• Industry: Software
• Sub-Industry: Application Software
• Current Symbol: NASDAQ:KARO
• CIK: 1828102
• Web: www.karooooo.com
• Phone: 65-6255-4151
• Fax: N/A
• Employees: 7,395
• Year Founded: 2018

Price Target and Rating

• Average Price Target for Karooooo: $72.80
• High Price Target: $75.00
• Low Price Target: $70.00
• Potential Upside/Downside: +13.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.63
• Research Coverage: 8 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.09
• Trailing P/E Ratio: 30.66
• Forward P/E Ratio: 26.26
• P/E Growth: N/A
• Net Income: $56.95 million
• Net Margins: 17.59%
• Pretax Margin: 24.00%
• Return on Equity: 32.82%
• Return on Assets: 18.51%

Debt

• Debt-to-Equity Ratio: 0.17
• Current Ratio: 0.64
• Quick Ratio: 1.01

Sales & Book Value

• Annual Sales: $6.06 billion
• Price / Sales: 0.33
• Cash Flow: $3.48 per share
• Price / Cash Flow: 18.41
• Book Value: $6.17 per share
• Price / Book: 10.38

Miscellaneous

• Outstanding Shares: 30,893,000
• Free Float: 7,807,000
• Market Cap: $1.98 billion
• Optionable: Not Optionable
• Beta: 0.89