UBS initiated coverage on Karooooo Ltd. with a new price target
$KARO
Computer Software: Prepackaged Software
Technology
UBS initiated coverage of Karooooo Ltd. with a rating of Buy and set a new price target of $60.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/29/2025 | $60.00 | Buy | UBS |
| 7/16/2025 | $60.00 | Buy | Needham |
| 1/23/2023 | $26.00 | Buy → Hold | Stifel |
| 7/14/2021 | $45.00 → $43.00 | Overweight | Morgan Stanley |
Karooooo (KARO), a smart mobility SaaS platform provider for connected vehicles and other mobile assets, today announced that Chief Strategy & Marketing Officer Carmen Calisto will participate in the UBS Global Technology and AI Conference on Wednesday, December 3rd at 6:15 p.m. ET and the Raymond James TMT & Consumer Conference on Tuesday, December 9th at 3:00 p.m. ET. A live webcast of the presentations will be available in the Events and Presentations section of Karooooo Investor Relations website at karooooo.com. About Karooooo Karooooo digitally transforms physical operations by simplifying decision making. Through its cloud platform, Karooooo empowers businesses to conquer operatio
The partnership unlocks seamless access to OEM vehicle data across six Volkswagen Group brands - with rapid onboarding and full compliance with European data privacy standards. Cartrack, a leading global mobility solutions provider and subsidiary of Karooooo Limited (NASDAQ:KARO), today announced its partnership with Volkswagen Group Info Services AG to integrate multi-brand vehicle data across Europe. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251118876264/en/Cartrack, a leading global mobility solutions provider, announced its partnership with Volkswagen Group Info Services AG to integrate multi-brand vehicle data
Karooooo Limited ("Karooooo") reported strong results and a positive outlook in the second quarter ("Q2 2026") ended August 31, 2025. Karooooo owns 100% of Cartrack and 74.8% of Karooooo Logistics, (collectively, "the group"). Financial highlights include: Cartrack's quarterly subscription revenue increased 20% to ZAR1,180 million (Q2 2025: ZAR983 million) Cartrack's SaaS annualized recurring revenue ("ARR") as at August 31, 2025, increased 20% to ZAR4,806 million (August 31, 2024: ZAR3,990 million) Karooooo's quarterly Adjusted EPS increased 13% Y/Y to ZAR8.28 (Q2 2025: ZAR7.35) Karooooo's subscribers increased 15% to 2.5 million (Q2 2025: 2.1 million) Zak Calisto, CEO and
6-K - Karooooo Ltd. (0001828102) (Filer)
6-K - Karooooo Ltd. (0001828102) (Filer)
6-K - Karooooo Ltd. (0001828102) (Filer)
UBS initiated coverage of Karooooo Ltd. with a rating of Buy and set a new price target of $60.00
Needham initiated coverage of Karooooo Ltd. with a rating of Buy and set a new price target of $60.00
Stifel downgraded Karooooo Ltd. from Buy to Hold and set a new price target of $26.00
SINGAPORE, June 25, 2021 /PRNewswire/ -- Karooooo Ltd. ("Karooooo" or the "Company") (NASDAQ:KARO), a leading global provider of a mobility SaaS platform that maximizes the value of automotive and workflow data by providing real-time data analytics solutions for smart transportation, today announced that Kim White has been appointed as an independent non-executive director to the board of directors of Karooooo ("Board") and member of the Audit and Risk Committee with immediate effect. Kim served on the board of Cartrack Holdings Limited ("Cartrack") as an independent non-execu
SC 13D/A - Karooooo Ltd. (0001828102) (Subject)
SC 13G/A - Karooooo Ltd. (0001828102) (Subject)
SC 13G/A - Karooooo Ltd. (0001828102) (Subject)
Karooooo Limited ("Karooooo") reported strong results and a positive outlook in the second quarter ("Q2 2026") ended August 31, 2025. Karooooo owns 100% of Cartrack and 74.8% of Karooooo Logistics, (collectively, "the group"). Financial highlights include: Cartrack's quarterly subscription revenue increased 20% to ZAR1,180 million (Q2 2025: ZAR983 million) Cartrack's SaaS annualized recurring revenue ("ARR") as at August 31, 2025, increased 20% to ZAR4,806 million (August 31, 2024: ZAR3,990 million) Karooooo's quarterly Adjusted EPS increased 13% Y/Y to ZAR8.28 (Q2 2025: ZAR7.35) Karooooo's subscribers increased 15% to 2.5 million (Q2 2025: 2.1 million) Zak Calisto, CEO and
Karooooo, that owns 100% of Cartrack and 74.8% of Karooooo Logistics, reported strong results for the quarter ended May 31, 2024 ("Q1 2025") and retained its positive outlook for the year. Zak Calisto, CEO and Founder: "The group's robust results, distribution expansion, vertically-integrated cloud platform enhancements, new generation AI-Powered telemetry and the prospect of improved economic conditions in South Africa, give us confidence that we can continue to extend our long-standing track record of strong customer acquisition and profitable growth at scale. Based on actionable data, we help our customers easily make decisions that improve their businesses and drive safety in thei
Karooooo, that owns 100% of Cartrack, a leading provider of data analytics and business intelligence, reported strong results for the second quarter ("Q2 2024") and Half-Year ("HY 2024") ended August 31, 2023. These consistent results extend the group's track record of growth at scale, profitability and cash generation over more than a decade. Karooooo is a leading global provider of an on-the-ground operational IoT SaaS cloud that assists thousands of enterprise customers digitally transform their operations using real-time data analytics, with over 1,875,000 connected vehicles and assets as at the date of this press release. Zak Calisto, CEO and Founder, said: "Our proven, robust an