
Karooooo (KARO) Stock Forecast & Price Target
Karooooo (KARO) Analyst Ratings
Bulls say
Karooooo Ltd has demonstrated impressive financial growth, with a significant increase in revenue from 649 million ZAR in FY24 to 457 million ZAR in FY23, indicating strong demand for its real-time mobility data analytics solutions. The company's competitive advantage is underscored by its continuous innovation in the Cartrack segment, which enhances customer value and supports high retention rates despite the competitive telematics landscape. Furthermore, with anticipated subscriber growth of 15% in FY26, the company's expanding market penetration is expected to drive further revenue increases and bolster its positive financial outlook.
Bears say
The analysis indicates a negative outlook for Karooooo Ltd., primarily due to competitive risks and pricing degradation, which are expected to adversely affect subscription growth, potentially bringing it below 17%. Furthermore, the projected multiple contraction could lead to a significant decrease in overall estimates, with share prices possibly falling to $40 or lower. Additionally, the decrease of about 90% in equipment manufacturing and data costs over the last 20 years may exacerbate pricing pressures and impact the company's profitability.
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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