KARO Stock Summary and Trading Ideas (Karooooo Ltd. - | NASDAQ:KARO)

Karooooo Ltd is a provider of an operational intelligence platform. Through its cloud platform, the company enables fleet and asset management, fuel management, workforce management, logistics, safety, including AI-assisted video safety, compliance, risk, and environmental impact management. Its segments are: Cartrack, which generates the majority of revenue, provides an operational intelligence platform that maximizes the value of transportation, operations, and workflow data through insightful real-time data analytics to connected vehicles and equipment, and Karooooo Logistics provides a software application enabling the management of last-mile B2B delivery and general operational logistics (Delivery-as-a-Service or DaaS). It generates the majority of its revenue from South Africa.

Karooooo Ltd. - trades on the NASDAQ stock market under the symbol KARO.

As of September 10, 2026, KARO stock price climbed to $63.85 with 43,285 million shares trading.

KARO has a beta of 0.57, meaning it tends to be less sensitive to market movements. KARO has a correlation of 0.04 to the broad based SPY ETF.

KARO has a market cap of $1.97 billion. This is considered a Small Cap stock.

Last quarter Karooooo Ltd. - reported $95 million in Revenue and $.58 earnings per share. This beat revenue expectation by $3 million and exceeded earnings estimates by $.07.

In the last 3 years, KARO traded as high as $68.80 and as low as $18.59.

The top ETF exchange traded funds that KARO belongs to (by Net Assets): TDIV, SNSR, ONEQ, TDVI, GWX.

KARO has outperformed the market in the last year with a price return of +20.8% while the SPY ETF gained +17.7%. KARO has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +40.7% and -0.7%, respectively, while the SPY returned +3.1% and -1.1%, respectively.

KARO support price is $62.49 and resistance is $65.15 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KARO shares will trade within this expected range on the day.