NYSE:KORE

KORE Group (KORE) Stock Price, News & Analysis

$0.81
+0.01 (+1.39%)
(As of 02:06 PM ET)
Today's Range
$0.77
$0.81
50-Day Range
$0.67
$1.09
52-Week Range
$0.32
$1.76
Volume
16,370 shs
Average Volume
117,128 shs
Market Capitalization
$67.39 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.94

KORE Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
263.0% Upside
$2.94 Price Target
Short Interest
Healthy
0.45% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.36mentions of KORE Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$8,725 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.42) to ($0.34) 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.

2.53 out of 5 stars

Computer And Technology Sector

383rd out of 591 stocks

Communication Services, Not Elsewhere Classified Industry

5th out of 9 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

Move Your Money Before May 1
Did you know that the IRS has allegedly been using AI to spy on the bank accounts of American citizens?
Move Your Money Before May 1
Did you know that the IRS has allegedly been using AI to spy on the bank accounts of American citizens?
Q4 2023 KORE Group Holdings Inc Earnings Call
Could AI replace real estate agents?
Dalio Defends His Decades-Long Investment in China
KORE KORE Group Holdings, Inc.
See More Headlines
Receive KORE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for KORE Group and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
4/15/2024
Today
4/26/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Communication services, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
595
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.94
High Stock Price Target
$5.00
Low Stock Price Target
$0.70
Potential Upside/Downside
+284.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$-167,040,000.00
Pretax Margin
-61.89%

Debt

Sales & Book Value

Annual Sales
$276.61 million
Cash Flow
$0.68 per share
Book Value
$0.45 per share

Miscellaneous

Free Float
82,531,000
Market Cap
$63.65 million
Optionable
Not Optionable
Beta
2.81
The 10 Best AI Stocks to Own in 2024 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report

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?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KORE Group in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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?

5 brokerages have issued twelve-month price targets for KORE Group's stock. Their KORE share price targets range from $0.70 to $5.00. On average, they predict the company's share price to reach $2.94 in the next twelve months. This suggests a possible upside of 263.0% 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 on January 1st, 2024. Since then, KORE shares have decreased by 17.4% and is now trading at $0.81.
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 trading volume of 181,700 shares, the short-interest ratio is presently 0.8 days. Currently, 0.4% of the shares of the stock 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 Tuesday, May 14th 2024.
View our KORE earnings forecast
.

How were KORE Group's earnings last quarter?

KORE Group Holdings, Inc. (NYSE:KORE) announced its quarterly earnings data on Monday, April, 15th. The company reported ($0.26) EPS for the quarter. The business earned $72.47 million during the quarter. KORE Group had a negative net margin of 60.39% and a negative trailing twelve-month return on equity of 85.34%.

What guidance has KORE Group issued on next quarter's earnings?

KORE Group updated its FY 2024 earnings guidance on Thursday, April, 11th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $300.0 million-$305.0 million, compared to the consensus revenue estimate of $324.2 million.

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 4/26/2024 by MarketBeat.com Staff

From Our Partners