Karooooo Ltd. (NASDAQ:KARO) Stock Has Consensus Target Price of $73.50 According to Analysts

Posted by Brenda Bartman on Oct 6th, 2026

Karooooo Ltd. (NASDAQ:KARO – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the seven analysts that are covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $73.50.

KARO has been the topic of a number of research analyst reports. Zacks Research downgraded shares of Karooooo from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 5th. Needham & Company LLC lifted their target price on shares of Karooooo from $60.00 to $70.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Roth Capital reiterated a “buy” rating and set a $74.00 price target on shares of Karooooo in a research report on Friday, July 17th. Wall Street Zen raised shares of Karooooo from a “hold” rating to a “buy” rating in a research note on Monday, August 17th. Finally, Freedom Capital downgraded shares of Karooooo from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 17th.

Read Our Latest Analysis on Karooooo

Karooooo Price Performance

KARO opened at $61.00 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.01 and a current ratio of 1.02. The stock has a market capitalization of $1.88 billion, a PE ratio of 30.96 and a beta of 0.89. The stock’s 50 day moving average price is $64.06 and its 200-day moving average price is $55.44. Karooooo has a 52-week low of $41.25 and a 52-week high of $68.80.

Karooooo (NASDAQ:KARO – Get Free Report) last announced its quarterly earnings results on Thursday, July 16th. The company reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.08. The company had revenue of $96.26 million during the quarter. Karooooo had a return on equity of 32.03% and a net margin of 17.74%. On average, equities research analysts predict that Karooooo will post 2.41 EPS for the current year.

Insider Buying and Selling at Karooooo

In other news, CEO Isaias Calisto sold 33,833 shares of the stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $66.14, for a total value of $2,237,714.62. Following the completion of the transaction, the chief executive officer owned 17,714,186 shares of the company’s stock, valued at approximately $1,171,616,262.04. This represents a 0.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last quarter, insiders sold 277,617 shares of company stock worth $17,840,247. 74.73% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Lazard Asset Management LLC purchased a new stake in Karooooo in the first quarter worth about $1,015,000. Aurora Investment Counsel bought a new position in shares of Karooooo during the fourth quarter valued at approximately $1,651,000. Bullseye Asset Management LLC lifted its holdings in shares of Karooooo by 101.7% during the fourth quarter. Bullseye Asset Management LLC now owns 32,129 shares of the company’s stock valued at $1,461,000 after purchasing an additional 16,200 shares during the last quarter. Engineers Gate Manager LP purchased a new position in shares of Karooooo during the second quarter valued at approximately $518,000. Finally, Capricorn Fund Managers Ltd boosted its position in shares of Karooooo by 16.9% in the 1st quarter. Capricorn Fund Managers Ltd now owns 278,346 shares of the company’s stock worth $13,873,000 after purchasing an additional 40,268 shares in the last quarter.

Karooooo Company Profile

(Get Free Report)

Karooooo Ltd. is a technology company that provides software-as-a-service solutions for connected vehicles, fleet management, and mobility operations. Through its Cartrack business, the company offers vehicle tracking, fleet monitoring, driver safety tools, asset management, and data analytics designed to help businesses improve productivity, security, and operational efficiency.

Cartrack’s platform collects and analyzes telematics data, providing customers with real-time visibility into vehicles and other mobile assets.