×
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
NYSE:KORE

KORE Group Stock Forecast, Price & News

$2.92
-0.15 (-4.89%)
(As of 07/1/2022 12:00 AM ET)
Add
Compare
Today's Range
$2.85
$3.07
50-Day Range
$2.88
$5.69
52-Week Range
$2.76
$9.50
Volume
51,065 shs
Average Volume
137,056 shs
Market Capitalization
$222.62 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.13

KORE Group Stock Forecast (MarketRank)

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
212.5% Upside
$9.13 Price Target
Short Interest
Healthy
0.29% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.01mentions of KORE Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.32) to ($0.15) Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

1.73 out of 5 stars

Computer And Technology Sector

687th out of 937 stocks

Telephone Communication, Except Radio Industry

30th out of 46 stocks

30 days | 90 days | 365 days | Advanced Chart

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.

KORE Group logo

About KORE Group (NYSE:KORE)

KORE Group Holdings, Inc. provides Internet of Things (IoT) services and solutions worldwide. It offers connectivity, location-based, device solutions, and managed and professional services that are used in the development and support of IoT technology for the Machine-to-Machine market. The company provides Connectivity-as-a-Service; IoT solutions and analytics to fleet tracking companies; and asset monitoring, communications, and industrial IoT services. It serves customers operating in a range of sectors, including healthcare, fleet and vehicle management, asset management, communication services, and industrial/manufacturing. The company was founded in 2002 and is headquartered in Alpharetta, Georgia.

KORE Stock News Headlines

KORE to enter the Russell 3000 Index
See More Headlines

Industry, Sector and Symbol

Industry
Telephone communication, except radio
Sub-Industry
N/A
Fax
N/A
Employees
614
Year Founded
N/A

Company Calendar

Last Earnings
5/16/2022
Today
7/02/2022
Next Earnings (Estimated)
8/15/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$9.13
High Stock Price Forecast
$13.00
Low Stock Price Forecast
$5.00
Forecasted Upside/Downside
+212.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.5
Research Coverage
4 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$248.22 million
Cash Flow
$0.39 per share
Book Value
$3.78 per share

Miscellaneous

Free Float
N/A
Market Cap
$222.62 million
Optionable
Not Optionable
Beta
1.39














KORE Group 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 year. 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 Group stock.
View analyst ratings for KORE Group
or view top-rated stocks.

What is KORE Group's stock price forecast for 2022?

4 brokerages have issued 1-year target prices for KORE Group's shares. Their KORE stock forecasts range from $5.00 to $13.00. On average, they expect KORE Group's stock price to reach $9.13 in the next twelve months. This suggests a possible upside of 212.5% from the stock's current price.
View analysts' price targets for KORE Group
or view top-rated stocks among Wall Street analysts.

How has KORE Group's stock price performed in 2022?

KORE Group's stock was trading at $6.74 at the beginning of the year. Since then, KORE stock has decreased by 56.7% and is now trading at $2.92.
View the best growth stocks for 2022 here
.

Are investors shorting KORE Group?

KORE Group saw a increase in short interest during the month of June. As of June 15th, there was short interest totaling 117,300 shares, an increase of 19.8% from the May 31st total of 97,900 shares. Based on an average trading volume of 182,100 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.3% of the shares of the company are sold short.
View KORE Group's Short Interest
.

When is KORE Group's next earnings date?

KORE Group is scheduled to release its next quarterly earnings announcement on Monday, August 15th 2022.
View our earnings forecast for KORE Group
.

How were KORE Group's earnings last quarter?

KORE Group Holdings, Inc. (NYSE:KORE) issued its quarterly earnings data on Monday, May, 16th. The company reported ($0.15) EPS for the quarter, missing analysts' consensus estimates of ($0.09) by $0.06. The company earned $68.94 million during the quarter, compared to analysts' expectations of $62.47 million.
View KORE Group's earnings history
.

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

KORE Group updated its FY 2022 earnings guidance on Monday, June, 13th. The company provided EPS guidance of for the period. The company issued revenue guidance of $260.00 million-$265.00 million, compared to the consensus revenue estimate of $271.55 million.

Who are KORE Group's key executives?

KORE Group's management team includes the following people:
  • Mr. Romil Bahl, CEO, Pres & Director (Age 53, Pay $3.74M)
  • Mr. Tushar K. Sachdev, Exec. VP & CTO (Age 49, Pay $1.08M)
  • Mr. Bryan A. Lubel, Exec. VP of Connected Health (Age 58, Pay $1.15M)
  • Mr. Paul Holtz, Exec. VP, CFO & Treasurer (Age 45)
  • Vik Vijayvergiya, VP of Investor Relations
  • Mr. Jack William Kennedy Jr., Exec. VP, Chief Legal Officer & Sec. (Age 46)
  • Mr. Rajesh Gupta, Sr. VP of CX, Marketing & IoTMS
  • Ms. Louise P. Winstone, Exec. VP & Chief HR Officer (Age 43)
  • Mr. Sunder Somasundaram, Sr. VP of Fleet Management & Industrial IoT
  • Mr. Steven Jones, Sr. VP of Carrier Management

What is KORE Group's stock symbol?

KORE Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "KORE."

How do I buy shares of KORE Group?

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

What is KORE Group's stock price today?

One share of KORE stock can currently be purchased for approximately $2.92.

How much money does KORE Group make?

KORE Group (NYSE:KORE) has a market capitalization of $222.62 million and generates $248.22 million in revenue each year.

How many employees does KORE Group have?

KORE Group employs 614 workers across the globe.

How can I contact KORE Group?

The official website for KORE Group is www.korewireless.com. The company can be reached via phone at 877 710 5673 or via email at [email protected].

This page (NYSE:KORE) was last updated on 7/2/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.