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NASDAQ: KARO
Karooooo Ltd Stock Forecast, Predictions & Price Target

Analyst price target for KARO

Based on 2 analysts offering 12 month price targets for Karooooo Ltd.
Min Forecast
$29.00+0.9%
Avg Forecast
$30.00+4.38%
Max Forecast
$31.00+7.86%

Should I buy or sell KARO stock?

Based on 2 analysts offering ratings for Karooooo Ltd.
Strong Buy
Strong Buy
1 analysts 50%
Buy
1 analysts 50%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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KARO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-22
lockedlocked$00.00+00.00%2024-01-24

1 of 1

Forecast return on equity

Is KARO forecast to generate an efficient return?
Company
N/A
Industry
0.29%
Market
17.69%

Forecast return on assets

Is KARO forecast to generate an efficient return on assets?
Company
N/A
Industry
0.19%

KARO revenue forecast

What is KARO's revenue in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$249.6M+14.44%
Avg 2 year Forecast
$284.4M+30.37%
KARO's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

KARO earnings growth forecast

How is KARO forecast to perform vs Software - Application companies and vs the US market?
Company
40.19%
Industry
3.27%
Market
21.79%
KARO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
KARO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
KARO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

KARO revenue growth forecast

How is KARO forecast to perform vs Software - Application companies and vs the US market?
Company
12.78%
Industry
12.08%
Market
8.88%
KARO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
KARO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

KARO vs App Stocks

TickerPricePrice TargetUp/downsideConsensus
KARO$28.74$30.00+4.38%Strong Buy
WKME$9.10$12.14+33.44%Buy
WALD$4.26$7.25+70.19%Strong Buy
HKD$4.02N/AN/A
YALA$4.70N/AN/A

Karooooo Stock Forecast FAQ

Is Karooooo Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NASDAQ: KARO) stock is to Strong Buy KARO stock.

Out of 2 analysts, 1 (50%) are recommending KARO as a Strong Buy, 1 (50%) are recommending KARO as a Buy, 0 (0%) are recommending KARO as a Hold, 0 (0%) are recommending KARO as a Sell, and 0 (0%) are recommending KARO as a Strong Sell.

If you're new to stock investing, here's how to buy Karooooo stock.

What is KARO's revenue growth forecast for 2025-2026?

(NASDAQ: KARO) Karooooo's forecast annual revenue growth rate of 12.78% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 12.08%, and it is also forecast to beat the US market's average forecast revenue growth rate of 8.88%.

Karooooo's revenue in 2024 is $223,578,468.On average, 3 Wall Street analysts forecast KARO's revenue for 2025 to be $7,726,510,297, with the lowest KARO revenue forecast at $7,606,234,300, and the highest KARO revenue forecast at $7,896,865,185.

In 2026, KARO is forecast to generate $8,801,349,355 in revenue, with the lowest revenue forecast at $8,547,457,433 and the highest revenue forecast at $9,201,454,303.

What is KARO's forecast return on assets (ROA) for 2025-2026?

(NASDAQ: KARO) forecast ROA is N/A, which is lower than the forecast US Software - Application industry average of 0.19%.

What is KARO's Price Target?

According to 2 Wall Street analysts that have issued a 1 year KARO price target, the average KARO price target is $30.00, with the highest KARO stock price forecast at $31.00 and the lowest KARO stock price forecast at $29.00.

On average, Wall Street analysts predict that Karooooo's share price could reach $30.00 by Apr 22, 2025. The average Karooooo stock price prediction forecasts a potential upside of 4.38% from the current KARO share price of $28.74.

What is KARO's forecast return on equity (ROE) for 2025-2026?

(NASDAQ: KARO) forecast ROE is N/A, which is considered weak.
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