Karooooo (NASDAQ:KARO) Issues FY 2027 Earnings Guidance

Posted by on May 13th, 2026

Karooooo (NASDAQ:KARO – Get Free Report) issued an update on its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 2.350-2.440 for the period, compared to the consensus estimate of 2.240. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on KARO shares. Weiss Ratings reissued a “buy (b-)” rating on shares of Karooooo in a research note on Friday, April 24th. Wall Street Zen raised shares of Karooooo from a “hold” rating to a “buy” rating in a research note on Saturday, April 11th. Finally, Roth Mkm initiated coverage on shares of Karooooo in a report on Tuesday, February 17th. They set a “buy” rating and a $62.00 price target for the company. Six investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $59.00.

Check Out Our Latest Analysis on Karooooo

Karooooo Trading Down 2.0%

NASDAQ KARO traded down $0.96 during trading hours on Wednesday, hitting $47.47. 116,664 shares of the company’s stock were exchanged, compared to its average volume of 59,138. The business’s 50 day moving average is $48.91 and its 200-day moving average is $47.20. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.84 and a current ratio of 0.84. Karooooo has a 12-month low of $41.25 and a 12-month high of $63.36. The firm has a market capitalization of $1.47 billion, a P/E ratio of 25.66 and a beta of 0.92.

Karooooo (NASDAQ:KARO – Get Free Report) last posted its quarterly earnings results on Tuesday, April 14th. The company reported $0.45 EPS for the quarter. Karooooo had a return on equity of 31.83% and a net margin of 19.45%.The company had revenue of $90.93 million during the quarter. As a group, analysts anticipate that Karooooo will post 2.05 EPS for the current fiscal year.

Hedge Funds Weigh In On Karooooo

A number of large investors have recently bought and sold shares of KARO. Royal Bank of Canada boosted its holdings in shares of Karooooo by 852.9% in the 4th quarter. Royal Bank of Canada now owns 2,954 shares of the company’s stock valued at $135,000 after purchasing an additional 2,644 shares during the last quarter. Quantbot Technologies LP purchased a new stake in shares of Karooooo during the 2nd quarter valued at $156,000. New York State Common Retirement Fund increased its holdings in shares of Karooooo by 465.6% during the 2nd quarter. New York State Common Retirement Fund now owns 3,258 shares of the company’s stock worth $160,000 after buying an additional 2,682 shares during the last quarter. State of Tennessee Department of Treasury purchased a new position in shares of Karooooo in the 2nd quarter worth $214,000. Finally, Squarepoint Ops LLC purchased a new position in shares of Karooooo in the 4th quarter worth $226,000.

About Karooooo

(Get Free Report)

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.

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Earnings History and Estimates for Karooooo (NASDAQ:KARO)

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