WallStreetZenWallStreetZen

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

Analyst price target for KARO

Based on 3 analysts offering 12 month price targets for Karooooo Ltd.
Min Forecast
$30.00+15.96%
Avg Forecast
$35.67+37.87%
Max Forecast
$40.00+54.62%

Should I buy or sell KARO stock?

Based on 3 analysts offering ratings for Karooooo Ltd.
Strong Buy
Strong Buy
2 analysts 66.67%
Buy
1 analysts 33.33%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their KARO stock forecasts and price targets.

KARO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Morgan Stanley
Bottom 24%
24
Strong BuyMaintains$37.00+43.02%2023-01-24
Raymond James
Bottom 2%
2
BuyMaintains$30.00+15.96%2022-10-14
Anonymous
Morgan Stanley
Strong BuyMaintains$41.00+58.48%2022-05-06
Stifel Nicolaus
Bottom 4%
4
Strong BuyMaintains$40.00+54.62%2022-03-21

1 of 1

Forecast return on equity

Is KARO forecast to generate an efficient return?
Company
41.65%
Industry
17.81%
Market
57.51%
KARO's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is KARO forecast to generate an efficient return on assets?
Company
28.49%
Industry
5.1%
KARO is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

KARO earnings per share forecast

What is KARO's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$1.20+15.5%
Avg 2 year Forecast
$1.44+38.59%
Avg 3 year Forecast
$1.88+80.94%
KARO's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

KARO revenue forecast

What is KARO's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$202.8M+3.48%
Avg 2 year Forecast
$239.9M+22.37%
Avg 3 year Forecast
$283.1M+44.4%
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
20.97%
Industry
70.63%
Market
27.21%
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
11.87%
Industry
20.78%
Market
11.03%
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$25.87$35.67+37.87%Strong Buy
VMEO$4.82$8.63+78.94%Buy
VCSA$1.87$3.75+100.53%Hold
VTEX$4.37$6.10+39.59%Buy
MKTW$2.61$4.88+86.78%Buy

Karooooo Stock Forecast FAQ

Is Karooooo Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NASDAQ: KARO) stock is to Strong Buy KARO stock.

Out of 3 analysts, 2 (66.67%) are recommending KARO as a Strong Buy, 1 (33.33%) 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 earnings growth forecast for 2023-2025?

(NASDAQ: KARO) Karooooo's forecast annual earnings growth rate of 20.97% is not forecast to beat the US Software - Application industry's average forecast earnings growth rate of 70.63%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 27.21%.

Karooooo's earnings in 2023 is $31,747,334.On average, 4 Wall Street analysts forecast KARO's earnings for 2023 to be $37,141,327, with the lowest KARO earnings forecast at $35,284,261, and the highest KARO earnings forecast at $38,998,394. On average, 4 Wall Street analysts forecast KARO's earnings for 2024 to be $44,569,593, with the lowest KARO earnings forecast at $40,545,949, and the highest KARO earnings forecast at $48,283,725.

In 2025, KARO is forecast to generate $58,188,079 in earnings, with the lowest earnings forecast at $57,259,546 and the highest earnings forecast at $58,807,101.

What is KARO's revenue growth forecast for 2023-2025?

(NASDAQ: KARO) Karooooo's forecast annual revenue growth rate of 11.87% is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 20.78%, and while it is forecast to beat the US market's average forecast revenue growth rate of 11.03%.

Karooooo's revenue in 2023 is $193,068,424.On average, 4 Wall Street analysts forecast KARO's revenue for 2023 to be $6,278,184,243, with the lowest KARO revenue forecast at $6,093,344,238, and the highest KARO revenue forecast at $6,439,687,114. On average, 4 Wall Street analysts forecast KARO's revenue for 2024 to be $7,424,551,307, with the lowest KARO revenue forecast at $7,196,441,656, and the highest KARO revenue forecast at $7,618,614,742.

In 2025, KARO is forecast to generate $8,760,710,553 in revenue, with the lowest revenue forecast at $8,630,096,886 and the highest revenue forecast at $8,891,324,221.

What is KARO's forecast return on assets (ROA) for 2023-2025?

(NASDAQ: KARO) forecast ROA is 28.49%, which is higher than the forecast US Software - Application industry average of 5.1%.

What is KARO's Price Target?

According to 3 Wall Street analysts that have issued a 1 year KARO price target, the average KARO price target is $35.67, with the highest KARO stock price forecast at $40.00 and the lowest KARO stock price forecast at $30.00.

On average, Wall Street analysts predict that Karooooo's share price could reach $35.67 by Jan 24, 2024. The average Karooooo stock price prediction forecasts a potential upside of 37.87% from the current KARO share price of $25.87.

What is KARO's Earnings Per Share (EPS) forecast for 2023-2025?

(NASDAQ: KARO) Karooooo's current Earnings Per Share (EPS) is $1.02. On average, analysts forecast that KARO's EPS will be $1.20 for 2023, with the lowest EPS forecast at $1.14, and the highest EPS forecast at $1.26. On average, analysts forecast that KARO's EPS will be $1.44 for 2024, with the lowest EPS forecast at $1.31, and the highest EPS forecast at $1.56. In 2025, KARO's EPS is forecast to hit $1.88 (min: $1.85, max: $1.90).

What is KARO's forecast return on equity (ROE) for 2023-2025?

(NASDAQ: KARO) forecast ROE is 41.65%, which is considered strong.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.