KORE Group Holdings, Inc. (KORE)
NYSE: KORE · Real-Time Price · USD
1.330
+0.080 (6.40%)
Dec 20, 2024, 4:00 PM EST - Market closed

KORE Group Holdings Stock Forecast

KORE's stock price has decreased by -50.56% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

The 2 analysts with 12-month price forecasts for KORE Group Holdings stock have an average target of 10, with a low estimate of 2.50 and a high estimate of 17.5. The average target predicts an increase of 651.88% from the current stock price of 1.33.

Analyst Consensus: Buy
Target Low Average Median High
Price $2.50 $10 $17.5 $17.5
Change +87.97% +651.88% +1215.8% +1215.8%
* Price targets were last updated on Nov 20, 2024.

Analyst Ratings

The average analyst rating for KORE stock from 2 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 Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 111111
Buy 211100
Hold 222211
Sell 000000
Strong Sell 000000
Total 544422

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
TD Cowen
TD Cowen
Hold
Maintains
$2$2.5
Hold Maintains $2$2.5 +87.97% Nov 20, 2024
TD Cowen
TD Cowen
Hold
Downgrades
$2
Hold Downgrades $2 +50.38% Aug 23, 2024
Roth MKM
Roth MKM
Strong Buy
Maintains
$18
Strong Buy Maintains $18 +1,215.79% Apr 12, 2024
Morgan Stanley
Morgan Stanley
Hold
Maintains
$7.5$3.5
Hold Maintains $7.5$3.5 +163.16% Nov 10, 2023
Northland Capital Markets
Northland Capital Markets
Buy
Maintains
$38$25
Buy Maintains $38$25 +1,779.70% Sep 21, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
287.37M
from 276.61M
Increased by 3.89%
Revenue Next Year
303.71M
from 287.37M
Increased by 5.69%
EPS This Year
-3.34
from -9.97
EPS Next Year
-1.47
from -3.34
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
169.15M213.76M248.44M268.45M276.61M287.37M303.71M304.98M
Revenue Growth
-26.37%16.22%8.06%3.04%3.89%5.69%0.42%
EPS
-7.25-9.81-5.20-7.01-9.97-3.34-1.47-1.23
EPS Growth
--------
Forward PE
--------
No. Analysts -----665
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 298.1M 316.5M 338.5M
Avg 287.4M 303.7M 305.0M
Low 274.4M 289.4M 254.4M

Revenue Growth

Revenue Growth 202420252026
High
7.8%
10.1%
11.5%
Avg
3.9%
5.7%
0.4%
Low
-0.8%
0.7%
-16.2%

EPS Forecast

EPS 202420252026
High -0.61 -0.35 -0.22
Avg -3.34 -1.47 -1.23
Low -5.85 -2.63 -2.17

EPS Growth

EPS Growth 202420252026
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.