KORE Group Holdings, Inc. (KORE)
NYSE: KORE · IEX Real-Time Price · USD
0.787
-0.028 (-3.45%)
Mar 28, 2024, 4:00 PM EDT - Market closed

KORE Group Holdings Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for KORE Group Holdings stock have an average target of 2.80, with a low estimate of 0.70 and a high estimate of 5.00. The average target predicts an increase of 255.74% from the current stock price of 0.79.

Analyst Consensus: Buy
Target Low Average Median High
Price $0.70 $2.80 $4.00 $5.00
Change -11.07% +255.74% +408.19% +535.24%
* Price targets were last updated on Nov 10, 2023.

Analyst Ratings

The average analyst rating for KORE stock from 4 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 000000
Buy 222222
Hold 222222
Sell 000000
Strong Sell 000000
Total 444444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Morgan Stanley
Morgan Stanley
Hold
Maintains
$1.5$0.7
Hold Maintains $1.5$0.7 -11.07% Nov 10, 2023
Northland Capital Markets
Northland Capital Markets
Buy
Maintains
$7.5$5
Buy Maintains $7.5$5 +535.24% Sep 21, 2023
TD Cowen
TD Cowen
Buy
Maintains
$4.75$4
Buy Maintains $4.75$4 +408.19% Aug 15, 2023
Deutsche Bank
Deutsche Bank
Hold
Maintains
$2.5$1.5
Hold Maintains $2.5$1.5 +90.57% Aug 11, 2023
Morgan Stanley
Morgan Stanley
Hold
Maintains
$2$1.5
Hold Maintains $2$1.5 +90.57% May 10, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
287.39M
from 268.45M
Increased by 7.06%
Revenue Next Year
330.71M
from 287.39M
Increased by 15.07%
EPS This Year
-0.40
from -1.40
EPS Next Year
-0.16
from -0.40
Year 2019202020212022202320242025
Revenue
169.15M213.76M248.44M268.45M287.39M330.71M371.59M
Revenue Growth
-26.37%16.22%8.06%7.06%15.07%12.36%
EPS
-1.45-1.96-1.04-1.40-0.40-0.16-0.09
EPS Growth
-------
No. Analysts ----665
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202320242025
High 299.0M 361.6M 419.5M
Avg 287.4M 330.7M 371.6M
Low 274.4M 301.0M 328.9M

Revenue Growth

Revenue Growth 202320242025
High
11.4%
25.8%
26.8%
Avg
7.1%
15.1%
12.4%
Low
2.2%
4.7%
-0.5%

EPS Forecast

EPS 202320242025
High -0.41 -0.08 -0.05
Avg -0.40 -0.16 -0.09
Low -0.38 -0.23 -0.13

EPS Growth

EPS Growth 202320242025
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.