Karooooo (KARO) news
Recent news
Karooooo Ltd: Raymond James raises target price to $75 from $60
Raymond James analyst Alex Sklar has raised the price target for Karooooo Ltd. (NASDAQ: KARO) to $75 from $60, maintaining an Outperform rating. This adjustment follows the company’s strong fourth fiscal quarter of 2025, which delivered a 3% revenue upside and a 17% year-over-year increase in net…
AInvest Wire · Jul 17, 2026Karooooo - subscription revenue up 19% to ZAR1354 mln in Q1 2027
AInvest Wire · Jul 16, 2026Karooooo Limited Q1 EPS ZAR 9.53
AInvest Wire · Jul 16, 2026Karooooo - Q1 Cartrack subscription revenue up 19% y/y to ZAR1351 mln
Karooooo Limited (Karooooo) reported Q1 2026 financial results for its Cartrack division, showing a 19% year-over-year subscription revenue increase to ZAR1,351 million. This growth reflects continued demand for Cartrack’s enterprise mobility and operations cloud solutions, which are used by over…
AInvest Wire · Jul 15, 2026Karooooo reaffirms FY27 outlook with EPS growth of 21% y/y at midpoint
Karooooo Ltd. (NASDAQ: KARO) has reaffirmed its outlook for fiscal year 2027 (FY27), projecting earnings per share (EPS) growth of 21% year-over-year at the midpoint of its guidance range. This follows the company’s strong performance in FY2026, where it delivered record subscription revenue,…
AInvest Wire · Jul 15, 2026Light Horse does not author, endorse or verify the headlines, and their appearance here is not an endorsement of any view they express.
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