Karooooo (KARO) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $61.89 to $63.88
• 50-Day Range: $45.54 to $65.91
• 52-Week Range: $41.25 to $67.14
• Volume: 61,636 shs
• Average Volume: 132,198 shs
• Market Capitalization: $1.92 billion
• P/E Ratio: 31.61
• Dividend Yield: 2.41%
• Price Target: $73.50
• Consensus Rating: Moderate Buy

Karooooo Stock Analysis - MarketRank™

Karooooo scored higher than 96% of companies evaluated by MarketBeat, and ranked 38th out of 602 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: 3.8 / 5
• Analyst Rating: Moderate Buy

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 Potential

Karooooo has a consensus price target of $73.50, representing about 18.0% upside from its current price of $62.28.

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.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 14.94%

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 31.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 45.63.

Price to Earnings Ratio vs. Sector

The P/E ratio of Karooooo is 31.61, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 75.42.

Price to Book Value per Share Ratio

Karooooo has a P/B Ratio of 10.09. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.64% 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 0.84, 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 13.55%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Karooooo pays a meaningful dividend of 2.41%, 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.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 0.43

News Sentiment

Karooooo has a news sentiment score of 0.43. 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 0.77 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.

Search Interest

3 people have searched for KARO on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

MarketBeat Follows

3 people have added Karooooo to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 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 $17,245,196.00 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: 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: 8/16/2026
• Next Earnings (Estimated): 10/13/2026
• 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: $73.50
• High Price Target: $75.00
• Low Price Target: $70.00
• Potential Upside/Downside: +18.0%
• 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: 31.61
• Forward P/E Ratio: 25.84
• 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: 6.12
• Cash Flow: $3.48 per share
• Price / Cash Flow: 17.89
• Book Value: $6.17 per share
• Price / Book: 10.09

Miscellaneous

• Outstanding Shares: 30,890,000
• Free Float: 7,807,000
• Market Cap: $1.92 billion
• Optionable: Not Optionable
• Beta: 0.85