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Karooooo ( (KARO) ) has issued an announcement.
On July 25, 2025, Karooooo Ltd. held its Annual General Meeting (AGM) where all resolutions, both ordinary and special, were passed. The AGM confirmed the re-appointment of directors, approval of non-executive directors’ remuneration, re-appointment of auditors, and authorized directors to purchase shares and issue new shares. The successful passing of these resolutions reflects shareholder confidence and positions the company for continued strategic growth and operational efficiency.
The most recent analyst rating on (KARO) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Karooooo stock, see the KARO Stock Forecast page.
Spark’s Take on KARO Stock
According to Spark, TipRanks’ AI Analyst, KARO is a Outperform.
Karooooo’s overall stock score is driven by its impressive financial performance and positive earnings call insights. The company has demonstrated strong revenue growth and profitability, with high customer retention and expansion in key markets. However, the technical analysis suggests neutral momentum, and moderate valuation metrics indicate room for caution.
To see Spark’s full report on KARO stock, click here.
More about Karooooo
Karooooo Ltd. is a company operating in the technology sector, primarily focused on providing innovative solutions for fleet management, vehicle tracking, and related services. The company is listed on NASDAQ under the ticker KARO and is headquartered in Singapore.
Average Trading Volume: 67,403
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.48B
See more data about KARO stock on TipRanks’ Stock Analysis page.