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KORE Group Holdings ( (KORE) ) has shared an update.
KORE Group Holdings announced that starting May 29, 2025, it will begin using a new Investor Presentation for discussions with investors and analysts throughout the fiscal year. The presentation highlights the company’s strategic focus on profitable revenue growth, cost optimization, and investment in next-generation eSIM products. With a strong emphasis on customer engagement and operational transformation, KORE aims to enhance its market position and drive growth in the IoT sector. The company continues to expand its global reach, offering managed services in over 180 countries and maintaining a robust customer base, including Fortune 500 enterprises.
The most recent analyst rating on (KORE) stock is a Buy with a $12.00 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 Group Holdings’ stock score is primarily impacted by its challenging financial performance, characterized by significant losses and financial instability. While technical indicators and earnings call sentiment provide some neutral to slightly positive signals, the negative valuation metrics and financial performance weigh heavily on the overall score. The recent restoration of NYSE compliance is a positive note but does not substantially influence the score.
To see Spark’s full report on KORE stock, click here.
More about KORE Group Holdings
KORE Group Holdings is a leading global provider of mission-critical IoT solutions, enabling end-to-end IoT services for enterprises. The company serves a diverse range of high-growth verticals, including Connected Health, Industrial IoT, EV Charging, Fleet Management, and Smart Buildings. KORE is recognized for its deep vertical expertise, multi-carrier resiliency, and global support, providing integrated IoT connectivity and solutions through a network of key partners.
Average Trading Volume: 11,773
Technical Sentiment Signal: Sell
Current Market Cap: $40.67M
For a thorough assessment of KORE stock, go to TipRanks’ Stock Analysis page.