KORE Stock Summary and Trading Ideas (Kore Group Holdings | NYSE:KORE)

Kore Group Holdings Inc offers IoT connectivity to the Internet (IoT Connectivity) and other IoT solutions to customers. It is a independent IoT enabler, delivering critical services to customers that allow them to deploy, manage, and scale their IoT application and use cases, globally. It provides connectivity services, location-based services, device solutions, and managed and professional services used in the development and support of IoT solutions and applications. Its IoT platform is delivered in partnership with the mobile network operator and provides secure and reliable connectivity to mobile and fixed devices. It operates in single segment and derives revenues from IoT Connectivity and IoT Solutions. Geographically it operates in United States and Other countries.

Kore Group Holdings trades on the NYSE stock market under the symbol KORE.

As of July 1, 2026, KORE stock price climbed to $9.24 with 20,040 million shares trading.

KORE has a beta of -0.61, meaning it tends to be less sensitive to market movements. KORE has a correlation of 0.01 to the broad based SPY ETF.

KORE has a market cap of $162.83 million. This is considered a Micro Cap stock.

Last quarter Kore Group Holdings reported $66 million in Revenue and -$1.43 earnings per share. This fell short of revenue expectation by $-6 million and missed earnings estimates by -$1.00.

In the last 3 years, KORE traded as high as $9.79 and as low as $1.10.

The top ETF exchange traded funds that KORE belongs to (by Net Assets): VTI, IWM, IWO, VXF, IWN.

KORE has outperformed the market in the last year with a price return of +286.6% while the SPY ETF gained +22.1%. However, in the short term, KORE had mixed performance relative to the market. It has underperformed in the last 3 months, returning +2.7% vs +18.5% return in SPY. But in the last 2 weeks, KORE shares have fared better than the market returning +0.7% compared to SPY -0.2%.

KORE support price is $9.08 and resistance is $9.39 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KORE shares will trade within this expected range on the day.