KORE Group (KORE) Stock Price, News & Analysis

Company Overview

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 for the business 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. KORE Group Holdings, Inc. was founded in 2002 and is headquartered in Atlanta, Georgia.

Key Stats

• Today's Range: $2.51 to $2.70
• 50-Day Range: $2.11 to $2.73
• 52-Week Range: $1.10 to $4.88
• Volume: 5,889 shs
• Average Volume: 76,113 shs
• Market Capitalization: $43.67 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $2.75
• Consensus Rating: Hold

KORE Group Stock Analysis - MarketRank™

KORE Group scored higher than 17% of companies evaluated by MarketBeat, and ranked 585th out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

KORE Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

KORE Group has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for KORE Group are expected to grow in the coming year, from ($5.47) to ($1.59) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of KORE Group is -0.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of KORE Group is -0.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

KORE Group has a P/B Ratio of 1.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.92% of the float of KORE Group has been sold short.

Short Interest Ratio / Days to Cover

KORE Group has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in KORE Group has recently decreased by 7.93%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

KORE Group does not currently pay a dividend.

Dividend Growth

KORE Group does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.92% of the float of KORE Group has been sold short.

Short Interest Ratio / Days to Cover

KORE Group has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in KORE Group has recently decreased by 7.93%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for KORE Group this week, compared to 1 article on an average week.

Search Interest

Only 1 people have searched for KORE on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, KORE Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

33.50% of the stock of KORE Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

57.45% of the stock of KORE Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

KORE Stock Analysis - Frequently Asked Questions

How have KORE shares performed this year?

KORE Group's stock was trading at $3.22 on January 1st, 2025. Since then, KORE stock has decreased by 21.0% and is now trading at $2.5450.
View the best growth stocks for 2025 here.

How were KORE Group's earnings last quarter?

KORE Group Holdings, Inc. (NYSE:KORE) posted its quarterly earnings results on Wednesday, April, 30th. The company reported ($1.31) EPS for the quarter, missing the consensus estimate of ($0.53) by $0.78. The business had revenue of $73.30 million for the quarter, compared to analysts' expectations of $67.50 million. KORE Group had a negative net margin of 47.33% and a negative trailing twelve-month return on equity of 492.16%.
Read the conference call transcript.

When did KORE Group's stock split?

Shares of KORE Group reverse split before market open on Monday, July 1st 2024. The 1-5 reverse split was announced on Monday, July 1st 2024. The number of shares owned by shareholders was adjusted after the closing bell on Monday, July 1st 2024. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

Who are KORE Group's major shareholders?

Top institutional investors of KORE Group include Barings LLC (0.29%) and XTX Topco Ltd (0.07%). Insiders that own company stock include Twilio Inc, Romil Bahl, Louise P Winstone, Robert P Macinnis, Tomer Yosef-Or, Tushar K Sachdev, Paul Holtz and Jack William Jr Kennedy.
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.

What other stocks do shareholders of KORE Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that KORE Group investors own include HubSpot (HUBS), Avino Silver & Gold Mines (ASM), Avino Silver & Gold Mines (ASM), Netflix (NFLX), Bank of America (BAC) and Dutch Bros (BROS).

Company Calendar

• Last Earnings: 4/30/2025
• Today: 6/06/2025
• Next Earnings (Estimated): 8/21/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Communication services, not elsewhere classified
• Sub-Industry: Communication
• Current Symbol: NYSE:KORE
• CIK: 1855457
• Web: www.korewireless.com
• Phone: 877-710-5673
• Fax: N/A
• Employees: 610
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $2.75
• High Stock Price Target: $3.00
• Low Stock Price Target: $2.50
• Potential Upside/Downside: +4.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($6.44)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$167.04 million
• Net Margins: -47.33%
• Pretax Margin: -55.05%
• Return on Equity: -492.16%
• Return on Assets: -14.30%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.30
• Quick Ratio: 1.18

Sales & Book Value

• Annual Sales: $282.25 million
• Price / Sales: 0.16
• Cash Flow: $3.82 per share
• Price / Cash Flow: 0.69
• Book Value: $2.24 per share
• Price / Book: 1.18

Miscellaneous

• Outstanding Shares: 17,160,000
• Free Float: 11,804,000
• Market Cap: $45.20 million
• Optionable: Not Optionable
• Beta: 1.73