Karooooo (KARO)

• Market cap: $1.43B
• 1 day: -0.43%
• 5 days: -3.81%
• 1 month: -5.59%
• 3 months: 8.52%
• 6 months: 0.17%
• Year to date: 0.92%
• 1 year: 18.62%
• 5 years: 36.04%
• 10 years: 36.04%
• Sector: Technology
• Industry: Software - Application

About: Karooooo Ltd is a provider of real-time mobility data analytics solutions for smart transportation. It offers a comprehensive, cloud-based smart mobility platform for connected vehicles and other assets. The company's software-as-a-service platform provides customers with differentiated insights and analytics to optimize business and workforce, increase efficiency and decrease costs, improve safety, monitor environmental impact, assist with regularity compliance, and manage risk. The segments of the group are Cartrack; Carzuka; and Karooooo Logistics, of which key revenue is derived from the Cartrack segment.

Employees: 5,711

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

50% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 6

8% more funds holding

Funds holding: 37 [Q4 2024] → 40 (+3) [Q1 2025]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q4 2024] → 2 (+0) [Q1 2025]

0.23% less ownership

Funds ownership: 10.94% [Q4 2024] → 10.71% (-0.23%) [Q1 2025]

8% less capital invested

Capital invested by funds: $153M [Q4 2024] → $141M (-$12.1M) [Q1 2025]

15% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 13

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $53 15% upside
• Avg. target: $58 25% upside
• High target: $60 30% upside

3 analyst ratings

• positive: 3 100%
• neutral: 0 0%
• negative: 0 0%

Raymond James Alexander Sklar	30% upside $60	Outperform Reiterated	24 Jul 2025
Needham Joshua Reilly	30% upside $60	Buy Initiated	16 Jul 2025
Morgan Stanley Roy Campbell	15% upside $53	Overweight Maintained	26 Jun 2025