
Karooooo (KARO) Stock Forecast & Price Target
Karooooo (KARO) Analyst Ratings
Bulls say
Karooooo Ltd has demonstrated significant financial growth, with revenue figures increasing from 649 million ZAR in FY24 to 457 million ZAR in FY23, reflecting a positive upward trend. The company's competitive advantage lies in the continuous innovation of its Cartrack segment, which enables it to provide exceptional value to customers while maintaining stable prices, thereby promoting strong customer retention. Furthermore, projections indicate a robust 15% growth in subscriber numbers for FY26, driven by increasing market penetration in the telematics space, which bodes well for the company's financial outlook.
Bears say
Karooooo Ltd faces significant competitive risks and potential pricing degradation, which may lead to subscription growth falling below 17%. This scenario is expected to result in multiple contraction, adversely impacting overall financial estimates for the company. Consequently, the outlook suggests that share prices may drop to $40 or lower, reflecting the negative sentiment surrounding the firm’s growth prospects and market position.
This aggregate rating is based on analysts' research of Karooooo and is not a guaranteed prediction by Public.com or investment advice.
Karooooo (KARO) Analyst Forecast & Price Prediction
Start investing in Karooooo (KARO)
Order type
Buy in
Order amount
Est. shares
0 shares