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KORE
Upturn stock ratingUpturn stock rating

KORE Group Holdings Inc (KORE)

Upturn stock ratingUpturn stock rating
$2.16
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

09/12/2025: KORE (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

2 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $6

1 Year Target Price $6

Analysts Price Target For last 52 week
$6 Target price
52w Low $1.1
Current$2.16
52w High $4.88

Analysis of Past Performance

Type Stock
Historic Profit -55.82%
Avg. Invested days 33
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/12/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 37.71M USD
Price to earnings Ratio -
1Y Target Price 6
Price to earnings Ratio -
1Y Target Price 6
Volume (30-day avg) 2
Beta 1.71
52 Weeks Range 1.10 - 4.88
Updated Date 09/14/2025
52 Weeks Range 1.10 - 4.88
Updated Date 09/14/2025
Dividends yield (FY) -
Basic EPS (TTM) -3.91

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -26.83%
Operating Margin (TTM) -7.33%

Management Effectiveness

Return on Assets (TTM) -3.58%
Return on Equity (TTM) -336.95%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 321424817
Price to Sales(TTM) 0.13
Enterprise Value 321424817
Price to Sales(TTM) 0.13
Enterprise Value to Revenue 1.13
Enterprise Value to EBITDA 10.53
Shares Outstanding 17493100
Shares Floating 7195776
Shares Outstanding 17493100
Shares Floating 7195776
Percent Insiders 40.71
Percent Institutions 54.53

ai summary icon Upturn AI SWOT

KORE Group Holdings Inc

stock logo

Company Overview

overview logo History and Background

KORE Group Holdings, Inc. provides Internet of Things (IoT) solutions and services globally. Formed through a merger with Cerberus Telecom Acquisition Corp., it became publicly listed in October 2021. The company builds and deploys IoT solutions connecting devices, applications, and people.

business area logo Core Business Areas

  • Connectivity Solutions: Provides global connectivity solutions, including cellular, satellite, and LPWAN, enabling IoT devices to communicate and transmit data.
  • Managed Services: Offers managed services to help businesses manage their IoT deployments, including device management, security, and data analytics.
  • Solutions-as-a-Service (SaaS): Provides pre-packaged IoT solutions for specific industries, such as healthcare, transportation, and utilities.

leadership logo Leadership and Structure

Romil Bahl is the President and CEO. The company operates with a functional organizational structure, with teams dedicated to sales, marketing, engineering, and operations.

Top Products and Market Share

overview logo Key Offerings

  • KORE OmniSIM: A global multi-IMSI SIM that allows IoT devices to connect to the strongest available network. Market share is difficult to define specifically due to the fragmented nature of the IoT connectivity market, but it is a key competitive product for global deployments. Competitors include Cubic Telecom, floLIVE, and EMnify.
  • KORE Positioning as a Service (Paas): Provides accurate location data for IoT devices. No specific market share data available. Key use cases include asset tracking and fleet management. Competitors include HERE Technologies and Trimble.

Market Dynamics

industry overview logo Industry Overview

The IoT market is experiencing rapid growth, driven by increasing adoption across various industries. Key trends include the expansion of 5G networks, the rise of edge computing, and the increasing demand for secure IoT solutions.

Positioning

KORE Group Holdings Inc. is positioned as a leading provider of global IoT solutions, offering a comprehensive suite of connectivity, managed services, and SaaS offerings. Its competitive advantage lies in its global reach, its broad portfolio of solutions, and its deep expertise in the IoT market.

Total Addressable Market (TAM)

The IoT market is projected to reach hundreds of billions of dollars. KORE is positioned to capture a share of the market by providing services to connect IOT devices and providing the software to manage those devices.

Upturn SWOT Analysis

Strengths

  • Global Connectivity Solutions
  • Comprehensive Managed Services
  • Experienced Leadership Team
  • Strong Partner Ecosystem

Weaknesses

  • Relatively Small Compared to Major Telcos
  • Dependence on Telecommunications Infrastructure
  • Integration of Acquired Companies
  • Susceptible to Security Breaches

Opportunities

  • Expansion into New Geographies
  • Development of New IoT Solutions
  • Acquisition of Complementary Technologies
  • Capitalizing on 5G Deployment

Threats

  • Intense Competition
  • Rapid Technological Changes
  • Regulatory Uncertainty
  • Economic Downturn

Competitors and Market Share

competitor logo Key Competitors

  • ARM
  • Sierra Wireless (SWIR)
  • Telit (private)
  • Ericsson (ERIC)
  • Qualcomm (QCOM)

Competitive Landscape

KORE's advantages include a comprehensive suite of IoT solutions and a global reach. Its disadvantages include relatively small size compared to major telcos and dependence on telecommunications infrastructure.

Major Acquisitions

SIMON IoT

  • Year: 2021
  • Acquisition Price (USD millions): 18
  • Strategic Rationale: Expanded KORE's LPWAN capabilities and European presence.

Twilio IoT Business

  • Year: 2023
  • Acquisition Price (USD millions): 0
  • Strategic Rationale: Expanded KORE's IoT management capabilities and its customer base.

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been driven by organic growth in the IoT market and strategic acquisitions.

Future Projections: Future growth is projected to be driven by increasing adoption of IoT solutions across various industries and continued expansion into new geographies. Analyst estimates vary depending on the specific source.

Recent Initiatives: Recent initiatives include partnerships with leading technology providers, expansion of the company's sales and marketing efforts, and development of new IoT solutions.

Summary

KORE Group Holdings operates within the rapidly growing IoT sector, showing strength in its global connectivity solutions and strategic acquisitions that have expanded its capabilities. However, it faces challenges related to intense competition and integrating acquisitions. Future success depends on its ability to capitalize on 5G deployment, and continue to deliver new IoT solutions.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings
  • Industry Reports
  • Analyst Estimates
  • KORE Group Holdings Investor Relations

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be made based on individual risk tolerance and thorough research.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About KORE Group Holdings Inc

Exchange NYSE
Headquaters Atlanta, GA, United States
IPO Launch date 2021-10-01
President, CEO & Director Mr. Ronald Totton
Sector Communication Services
Industry Telecom Services
Full time employees 539
Full time employees 539

KORE Group Holdings, Inc. provides Internet of Things (IoT) services and solutions in the United States and internationally. The company offers connectivity and location-based services, device solutions, and managed and professional services that are used in the development and support of IoT technology for the business market. Its products include IoT connectivity-as-a-service; connectivity enablement-as-a-service; device management services; and security software services. In addition, the company offers IoT connectivity products comprising sim cards; and IoT devices. The company serves customers in healthcare, fleet and vehicle management, asset management, communication services, and industrial/manufacturing sectors. KORE Group Holdings, Inc. was founded in 2002 and is headquartered in Atlanta, Georgia.