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KORE Group (KORE) Stock Forecast & Price Target

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$1.73 -0.33 (-16.02%)
(As of 11/13/2024 ET)

KORE Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
1
Buy
1

Based on 2 Wall Street analysts who have issued ratings for KORE Group in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 2 analysts, 1 has given a hold rating, and 1 has given a buy rating for KORE.

Consensus Price Target

$9.75
463.58% Upside
According to the 2 analysts' twelve-month price targets for KORE Group, the average price target is $9.75. The highest price target for KORE is $17.50, while the lowest price target for KORE is $2.00. The average price target represents a forecasted upside of 463.58% from the current price of $1.73.

KORE Analyst Ratings Over Time

TypeCurrent Forecast
11/15/23 to 11/14/24
1 Month Ago
10/16/23 to 10/15/24
3 Months Ago
8/17/23 to 8/16/24
1 Year Ago
11/15/22 to 11/15/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
Hold
1 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$9.75$7.67$15.33$17.70
Forecasted Upside463.58% Upside265.08% Upside538.89% Upside742.86% Upside
Consensus Rating
Moderate Buy
Hold
Moderate Buy
Moderate Buy

KORE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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KORE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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KORE Group Stock vs. The Competition

TypeKORE GroupComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.50
2.67
2.50
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside463.58% Upside559.48% Upside8.03% Upside
News Sentiment Rating
Neutral News

See Recent KORE News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/23/2024TD Cowen
4 of 5 stars
L. Vitanza
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DowngradeBuy ➝ Hold$2.00-17.36%
4/12/2024Roth Mkm
1 of 5 stars
 Reiterated RatingBuy ➝ Buy$17.50+371.38%
11/10/2023Morgan Stanley
3 of 5 stars
 Lower TargetEqual Weight ➝ Equal Weight$7.50 ➝ $3.50+94.44%
9/21/2023Northland Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOutperform ➝ Outperform$37.50 ➝ $25.00+760.58%
8/11/2023Deutsche Bank Aktiengesellschaft
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 Lower TargetHold ➝ Hold$12.50 ➝ $7.50+60.84%
11/17/2022Cowen
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 Lower Target$32.50+168.59%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 01:40 AM ET.


KORE Forecast - Frequently Asked Questions

According to the research reports of 2 Wall Street equities research analysts, the average twelve-month stock price forecast for KORE Group is $9.75, with a high forecast of $17.50 and a low forecast of $2.00.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KORE Group in the last twelve months. There is currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" KORE shares.

According to analysts, KORE Group's stock has a predicted upside of 463.58% based on their 12-month stock forecasts.

Over the previous 90 days, KORE Group's stock had 1 downgrade by analysts.

KORE Group has been rated by research analysts at TD Cowen in the past 90 days.

Analysts like KORE Group less than other "computer and technology" companies. The consensus rating score for KORE Group is 2.50 while the average consensus rating score for "computer and technology" companies is 2.67. Learn more on how KORE compares to other companies.


This page (NYSE:KORE) was last updated on 11/14/2024 by MarketBeat.com Staff
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