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NYSE:KORE

KORE Group (KORE) Stock Price, News & Analysis

KORE Group logo
$2.52 +0.01 (+0.36%)
Closing price 03/28/2025 03:53 PM Eastern
Extended Trading
$2.50 -0.02 (-0.79%)
As of 03/28/2025 07:00 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About KORE Group Stock (NYSE:KORE)

Key Stats

Today's Range
$2.46
$2.59
50-Day Range
$2.03
$2.66
52-Week Range
$1.10
$4.88
Volume
20,908 shs
Average Volume
74,844 shs
Market Capitalization
$42.84 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$10.00
Consensus Rating
Moderate Buy

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.

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KORE Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
43rd Percentile Overall Score

KORE MarketRank™: 

KORE Group scored higher than 43% of companies evaluated by MarketBeat, and ranked 484th out of 664 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    KORE Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    KORE Group has received no research coverage in the past 90 days.

  • Read more about KORE Group's stock forecast and price target.
  • 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 1.12. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about KORE Group's valuation and earnings.
  • Percentage of Shares Shorted

    2.45% 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 0.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in KORE Group has recently increased by 20.02%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    KORE Group does not currently pay a dividend.

  • Dividend Growth

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

  • Percentage of Shares Shorted

    2.45% 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 0.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in KORE Group has recently increased by 20.02%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    KORE Group has a news sentiment score of -0.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.80 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

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

    30.60% 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.

  • Read more about KORE Group's insider trading history.
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KORE Stock News Headlines

DBS Keeps Their Hold Rating on KORE Group Holdings (KORE)
Musk’s real agenda in D.C.
In this urgent exposé, you’ll discover… How Elon and Donald Trump are quietly drawing a radical new map of America…
Kore Group appoints Jared Deith as Chief Revenue Officer
See More Headlines

KORE Stock Analysis - Frequently Asked Questions

KORE Group's stock was trading at $3.22 on January 1st, 2025. Since then, KORE shares have decreased by 21.8% and is now trading at $2.5190.
View the best growth stocks for 2025 here
.

KORE Group shares reverse split 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 market closes 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.

Top institutional investors of KORE Group include Corient Private Wealth LLC (12.38%) and Vectors Research Management LLC (0.20%). 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
.

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.

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

Today
3/30/2025
Next Earnings (Estimated)
4/10/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Communication services, not elsewhere classified
Sub-Industry
Communication
Current Symbol
NYSE:KORE
Fax
N/A
Employees
610
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.00
High Stock Price Target
$17.50
Low Stock Price Target
$2.50
Potential Upside/Downside
+297.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-167,040,000.00
Pretax Margin
-55.05%

Debt

Sales & Book Value

Annual Sales
$285.23 million
Cash Flow
$3.65 per share
Price / Cash Flow
0.69
Book Value
$2.24 per share
Price / Book
1.12

Miscellaneous

Free Float
11,804,000
Market Cap
$42.84 million
Optionable
Not Optionable
Beta
1.85
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This page (NYSE:KORE) was last updated on 3/31/2025 by MarketBeat.com Staff
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