KORE

KORE Group Holdings Inc

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Advanced Chart

2.280

-0.09(-3.797%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

2.4584

Open

2.330

VWAP

2.31

Vol

7.49K

Mkt Cap

39.12M

Low

2.280

Amount

17.34K

EV/EBITDA(TTM)

10.55

Total Shares

83.20M

459.87M

EV/OCF(TTM)

42.28

P/S(TTM)

0.16

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, comprising 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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

77.75M

+6.07%

73.45M

+6.57%

70.30M

+3.58%

Estimates Revision

The market is revising Upward the revenue expectations for KORE Group Holdings, Inc. (KORE) for FY2025, with the revenue forecasts being adjusted by 0.27% over the past three months. During the same period, the stock price has changed by -8.80%.

Revenue Estimates for FY2025

Revise Upward

+0.27%

In Past 3 Month

Stock Price

Go Down

-8.80%

In Past 3 Month

2 Analyst Rating

163.16% Upside

Wall Street analysts forecast KORE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KORE is 6.00 USD with a low forecast of 3.00 USD and a high forecast of 9.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

1 Buy

1 Hold

0 Sell

Moderate Buy

163.16% Upside

Current: 2.280

Low

3.00

Averages

6.00

High

9.00

163.16% Upside

Current: 2.280

Low

3.00

Averages

6.00

High

9.00

TD Cowen

Colby Synesael

Hold

Maintains

$2 → $2.5

2024-11-20

Reason

TD Cowen

Colby Synesael

Price Target

$2 → $2.5

2024-11-20

Maintains

Hold

Reason

Reports Q3 net loss (19.50M) vs. ($95.36M) last year. Reports Q3 Adjusted EBITDA $12.99M. "While our Q3 top-line performance showed modest growth, our focus on Connectivity offerings is showing results. With an installed base of close to 19 million connections generating an ARPU of about $1 per month we already have a solid foundation of CaaS business to build on," said Ron Totton, President and CEO of KORE. "We have successfully completed our restructuring plan, which included cost reductions, leadership realignment, and operational improvements. These initiatives have enabled investments in our growth priorities and are already delivering traction in connectivity growth and a better customer experience. We are positioning KORE for sustainable, profitable growth."

TD Cowen

Colby Synesael

Strong Buy

Hold

Downgrades

2024-08-23

Reason

TD Cowen

Colby Synesael

Price Target

2024-08-23

Downgrades

Strong Buy

Hold

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for KORE Group Holdings Inc (KORE.N) is -1.13, compared to its 5-year average forward P/E of -7.45. For a more detailed relative valuation and DCF analysis to assess KORE Group Holdings Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-7.45

Current PE

-1.13

Overvalued PE

1.18

Undervalued PE

-16.08

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

8.72

Current EV/EBITDA

7.10

Overvalued EV/EBITDA

11.56

Undervalued EV/EBITDA

5.88

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

N/A

5Y Average PS

0.56

Current PS

0.14

Overvalued PS

1.16

Undervalued PS

-0.04