
Karooooo (KARO) Stock Forecast & Price Target
Karooooo (KARO) Analyst Ratings
Bulls say
Karooooo Ltd has displayed substantial revenue growth, with figures rising from 649 million ZAR in FY24 to 457 million ZAR in FY23, indicating a solid upward trajectory. The company's competitive edge in the telematics space, driven by continuous innovation through the Cartrack segment, is likely to enhance customer value and promote strong retention rates. Additionally, expectations of a 15% growth in subscribers by FY26 suggest ongoing market penetration and a favorable outlook for the company's future performance.
Bears say
Karooooo Ltd faces a negative outlook primarily due to competitive risks and potential pricing degradation that could hinder subscription growth, which is projected to remain below 17%. This stagnation in subscription growth could lead to multiple contraction, significantly impacting overall financial estimates and expectations. Additionally, the drop in equipment manufacturing and data costs over the past two decades suggests that margins may continue to face pressure, further compounding the company's challenges.
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
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