KORE Group/KORE

$0.65

2.79%
-
1D1W1MYTD1YMAX

About KORE Group

KORE Group Holdings, Inc. is a global pure-play Internet of Things (IoT) hyperscaler and provider of IoT connectivity, solutions, and analytics. The Company is a global independent IoT enabler, delivering critical services globally to customers to deploy, manage, and scale their IoT application and use cases. It provides advanced connectivity services, location-based services, device solutions, and managed and professional services used in the development and support of IoT solutions and applications. It provides connectivity and IoT solutions to enterprise customers across five industry verticals, comprised of connected health, fleet management, asset monitoring, retail communications services and industrial IoT. The Company has built a platform to serve its clients in three areas: connectivity-as-a-service (CaaS), IoT managed services/solutions, and analytics, which the Company refers to as CSA, or connectivity, solutions, and analytics.

Ticker

KORE

Sector

Technology

Trading on

NYSE

Industry

Computer Hardware

CEO

Ronald Totton

Employees

600

Headquarters

Atlanta, United States

Website

-

KORE Group Metrics

BasicAdvanced
$58M
Market cap
-
P/E ratio
-$1.90
EPS
2.62
Beta
-
Dividend rate
$58M
2.62162
$1.64
$0.32
42K
1.369
1.264
1,960.719
1,969.392
-0.55%
-26.52%
-177.66%
-29.52%
0.204
2.614
7.97%
-27.91%

What the Analysts think about KORE Group

Analyst Ratings

Majority rating from 6 analysts.
Buy

Price Targets

Average projection from 5 analysts.
210.77% upside
High $3.50
Low $0.60
$0.65
Current price
$2.02
Average price target

KORE Group Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-23.05% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$76M
4.83%
Net income
-$18M
-47.92%
Profit margin
-23.05%
-50.32%

KORE Group Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 88.24%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
-$0.24
-$0.20
-$0.34
-$0.16
-
Expected
-$0.12
-$0.13
-$0.06
-$0.09
-$0.08
Surprise
104.26%
56.86%
518.18%
88.24%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for KORE Group stock?

KORE Group (KORE) has a market cap of $58M as of May 29, 2024.

What is the P/E ratio for KORE Group stock?

The price to earnings (P/E) ratio for KORE Group (KORE) stock is 0 as of May 29, 2024.

Does KORE Group stock pay dividends?

No, KORE Group (KORE) stock does not pay dividends to its shareholders as of May 29, 2024.

When is the next KORE Group dividend payment date?

KORE Group (KORE) stock does not pay dividends to its shareholders.

What is the beta indicator for KORE Group?

KORE Group (KORE) has a beta rating of 2.62. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the KORE Group stock price target?

The target price for KORE Group (KORE) stock is $2.02, which is 210.77% above the current price of $0.65. This is an average based on projections from 5 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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