TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
KORE Group Holdings ( (KORE) ) has shared an update.
On November 3, 2025, KORE Group Holdings announced that its Board’s Special Committee received a non-binding letter from Searchlight Capital Partners and Abry Partners proposing to acquire all outstanding shares of KORE’s common stock not already owned by them for $5.00 per share. The Special Committee, with financial and legal advisors, is tasked with evaluating this proposal, but there is no assurance of a transaction. The company will not comment further unless a specific transaction is approved.
The most recent analyst rating on (KORE) stock is a Hold with a $4.00 price target. To see the full list of analyst forecasts on KORE Group Holdings stock, see the KORE Stock Forecast page.
Spark’s Take on KORE Stock
According to Spark, TipRanks’ AI Analyst, KORE is a Neutral.
KORE’s overall stock score is primarily impacted by its financial instability, with negative margins and high leverage posing significant risks. However, strong technical momentum and positive earnings call sentiment provide some optimism. The valuation remains a concern due to ongoing losses.
To see Spark’s full report on KORE stock, click here.
More about KORE Group Holdings
KORE Group Holdings, Inc. is a global leader in the Internet of Things (IoT) industry, providing IoT connectivity, solutions, and analytics. The company focuses on simplifying IoT complexities to enhance operational and business outcomes for organizations worldwide.
Average Trading Volume: 81,751
Technical Sentiment Signal: Buy
Current Market Cap: $73.82M
For a thorough assessment of KORE stock, go to TipRanks’ Stock Analysis page.