KORE Group Holdings, Inc. (KORE)
NYSE: KORE · IEX Real-Time Price · USD
1.430
-0.030 (-2.05%)
At close: Jul 19, 2024, 4:00 PM
1.400
-0.030 (-2.10%)
Pre-market: Jul 22, 2024, 7:26 AM EDT
KORE Group Holdings Stock Forecast
KORE's stock price has decreased by -79.12% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 5 analysts with 12-month price forecasts for KORE Group Holdings stock have an average target of 14.7, with a low estimate of 3.50 and a high estimate of 25. The average target predicts an increase of 927.97% from the current stock price of 1.43.
Analyst Consensus: Buy
* Price targets were last updated on Apr 12, 2024.
Analyst Ratings
The average analyst rating for KORE stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Maintains $18 | Strong Buy | Maintains | $18 | +1,123.78% | Apr 12, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $7.5 → $3.5 | Hold | Maintains | $7.5 → $3.5 | +144.76% | Nov 10, 2023 |
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $38 → $25 | Buy | Maintains | $38 → $25 | +1,648.25% | Sep 21, 2023 |
| TD Cowen | TD Cowen | Buy Maintains $24 → $20 | Buy | Maintains | $24 → $20 | +1,298.60% | Aug 15, 2023 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $13 → $7.5 | Hold | Maintains | $13 → $7.5 | +424.48% | Aug 11, 2023 |
Financial Forecast
Revenue This Year
330.71M
from 276.61M
Increased by 19.56%
Revenue Next Year
342.79M
from 330.71M
Increased by 3.65%
EPS This Year
-0.16
from -9.95
EPS Next Year
-0.12
from -0.16
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 361.6M | 363.8M | 382.0M |
| Avg | 330.7M | 342.8M | 369.7M |
| Low | 301.0M | 324.0M | 353.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 30.7% | 10.0% | 11.4% |
| Avg | 19.6% | 3.7% | 7.9% |
| Low | 8.8% | -2.0% | 3.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.08 | -0.02 | - |
| Avg | -0.16 | -0.12 | - |
| Low | -0.23 | -0.22 | - |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.