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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NYSE:KORE

KORE Group (KORE) Stock Price, News & Analysis

$0.79
-0.03 (-3.67%)
(As of 03/28/2024 ET)
Today's Range
$0.76
$0.86
50-Day Range
$0.69
$1.09
52-Week Range
$0.32
$1.76
Volume
42,421 shs
Average Volume
145,323 shs
Market Capitalization
$68.25 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.80

KORE Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
241.5% Upside
$2.80 Price Target
Short Interest
Healthy
0.43% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.30mentions of KORE Group in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$8,725 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.19) to ($0.41) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.51 out of 5 stars

Computer And Technology Sector

372nd out of 587 stocks

Telephone Communication, Except Radio Industry

8th out of 17 stocks

KORE stock logo

About KORE Group Stock (NYSE:KORE)

KORE Group Holdings, Inc. provides Internet of Things (IoT) services and solutions worldwide. It offers connectivity and location-based services, device solutions, and managed and professional services that are used in the development and support of IoT technology and applications for the Machine-to-Machine market. The company's products include IoT connectivity-as-a-service; connectivity enablement-as-a-service; device management services; and security location based services. It serves customers in healthcare, fleet and vehicle management, asset management, communication services, and industrial/manufacturing sectors. The company was founded in 2002 and is headquartered in Atlanta, Georgia.

KORE Stock Price History

KORE Stock News Headlines

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KORE KORE Group Holdings, Inc.
Analyzing KORE Group (NYSE:KORE) and Telstra (OTCMKTS:TLSYY)
Major Elon Musk Crypto Leak Revealed
Reports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.
KORE Group Holdings, Inc. (KORGW)
KORE Receives 2023 IoT Excellence Award
See More Headlines
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Company Calendar

Today
3/28/2024
Next Earnings (Estimated)
4/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Telephone communication, except radio
Sub-Industry
N/A
Fax
N/A
Employees
595
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.80
High Stock Price Target
$5.00
Low Stock Price Target
$0.70
Potential Upside/Downside
+255.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$-106,200,000.00
Pretax Margin
-79.16%

Debt

Sales & Book Value

Annual Sales
$266.56 million
Cash Flow
$0.82 per share
Book Value
$2.37 per share

Miscellaneous

Free Float
86,017,000
Market Cap
$68.25 million
Optionable
Not Optionable
Beta
2.88
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Key Executives

  • Mr. Romil Bahl (Age 55)
    CEO, President & Director
    Comp: $1.05M
  • Mr. Tushar K. Sachdev (Age 51)
    CTO & Executive VP of Analytics
    Comp: $419.58k
  • Mr. Bryan A. Lubel (Age 60)
    Executive VP & GM of Global Industries
    Comp: $347.45k
  • Mr. Paul Holtz (Age 47)
    Executive VP, CFO, Treasurer, Principal Financial Officer & Principal Accounting Officer
  • Mr. Rajesh Gupta
    Senior Vice President of CX & Operations
  • Vik Vijayvergiya
    Vice President of Investor Relations
  • Mr. Jack William Kennedy Jr. (Age 48)
    Executive VP, Chief Legal Officer & Secretary
  • Ms. Louise P. Winstone (Age 45)
    Executive VP & Chief HR Officer
  • Mr. Steven Jones
    Senior Vice President of Carrier Management
  • Mr. Pete West
    Senior Vice President of Sales - North America

KORE Stock Analysis - Frequently Asked Questions

Should I buy or sell KORE Group stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for KORE Group in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" KORE shares.
View KORE analyst ratings
or view top-rated stocks.

What is KORE Group's stock price target for 2024?

4 analysts have issued 1-year price targets for KORE Group's shares. Their KORE share price targets range from $0.70 to $5.00. On average, they predict the company's share price to reach $2.80 in the next twelve months. This suggests a possible upside of 241.5% from the stock's current price.
View analysts price targets for KORE
or view top-rated stocks among Wall Street analysts.

How have KORE shares performed in 2024?

KORE Group's stock was trading at $0.9802 at the start of the year. Since then, KORE stock has decreased by 16.3% and is now trading at $0.82.
View the best growth stocks for 2024 here
.

Are investors shorting KORE Group?

KORE Group saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 146,500 shares, an increase of 55.7% from the February 29th total of 94,100 shares. Based on an average daily trading volume, of 181,700 shares, the short-interest ratio is currently 0.8 days. Currently, 0.4% of the shares of the company are sold short.
View KORE Group's Short Interest
.

When is KORE Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 1st 2024.
View our KORE earnings forecast
.

Who are KORE Group's major shareholders?

KORE Group's stock is owned by a number of retail and institutional investors. Top institutional investors include Fortress Investment Group LLC (1.28%) and Worth Venture Partners LLC (0.04%). Insiders that own company stock include Jack William Jr Kennedy, Louise P Winstone, Paul Holtz, Robert P Macinnis, Romil Bahl, Tomer Yosef-Or, Tushar K Sachdev and Twilio Inc.
View institutional ownership trends
.

How do I buy shares of KORE Group?

Shares of KORE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:KORE) was last updated on 3/28/2024 by MarketBeat.com Staff

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