
Karooooo (KARO) Stock Forecast & Price Target
Karooooo (KARO) Analyst Ratings
Bulls say
Karooooo Ltd has demonstrated significant financial growth, with revenue increasing from 649 million ZAR in FY24 to 457 million ZAR in FY23, indicating robust performance. The company's Cartrack segment shows a strong potential for customer retention and value delivery through continuous innovation, even amidst a competitive telematics space. Furthermore, an estimated 15% subscriber growth in FY26 suggests ongoing market penetration and demand for Karooooo's smart mobility solutions, bolstering a positive outlook for the stock.
Bears say
Karooooo Ltd faces significant competitive risks and pricing degradation, which are projected to adversely impact subscription growth, potentially resulting in rates below 17%. This scenario is expected to lead to multiple contraction, which could decrease overall revenue estimates and pressurize the company's valuation. Additionally, the dramatic reduction in equipment manufacturing and data costs over the past 20 years heightens the competitive landscape, further exacerbating the negative outlook for Karooooo's stock.
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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