KORE Group (KORE) to Announce Earnings on Thursday

KORE Group (NYSE:KORE) is expected to release its Q2 2026 results before the market opens on Thursday, August 13th. Analysts expect KORE Group to post earnings of ($0.40) per share and revenue of $75.30 million for the quarter. Individuals are encouraged to explore the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, August 13, 2026 at 5:00 PM ET.

KORE Group (NYSE:KORE) last released its earnings results on Monday, May 11th. The company reported ($1.43) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.42) by ($1.01). The company had revenue of $65.82 million during the quarter, compared to analyst estimates of $72.20 million.

KORE Group Price Performance

Shares of KORE opened at $9.25 on Thursday. The stock’s 50-day moving average price is $9.22 and its 200 day moving average price is $8.26. The firm has a market capitalization of $162.69 million, a price-to-earnings ratio of -2.40 and a beta of 1.46. KORE Group has a 12-month low of $2.00 and a 12-month high of $9.79.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of KORE Group in a research report on Wednesday, June 24th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus target price of $5.00.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Renaissance Technologies LLC grew its stake in shares of KORE Group by 14.5% in the 4th quarter. Renaissance Technologies LLC now owns 35,441 shares of the company’s stock valued at $150,000 after purchasing an additional 4,500 shares during the period. State Street Corp boosted its stake in KORE Group by 23.2% in the 4th quarter. State Street Corp now owns 29,217 shares of the company’s stock valued at $123,000 after buying an additional 5,500 shares in the last quarter. Citadel Advisors LLC bought a new stake in KORE Group in the third quarter valued at $30,000. Finally, One68 Global Capital LLC acquired a new position in KORE Group during the fourth quarter worth $59,000. Institutional investors own 57.45% of the company’s stock.

KORE Group Company Profile

KORE Group (NYSE: KORE) is a global provider of Internet of Things (IoT) connectivity and managed services, helping enterprises deploy, secure and scale their IoT applications. The company offers a comprehensive suite of solutions that includes cellular, satellite and Low-Power Wide-Area Network (LPWAN) connectivity, multi-network SIM management, eSIM provisioning and cloud-based IoT platforms. Through its unified approach, KORE enables businesses to streamline the complexities of device onboarding, monitoring and lifecycle management across diverse geographies.

Founded in 2002 and headquartered in Atlanta, Georgia, KORE has grown through a combination of organic innovation and strategic acquisitions to become one of the world’s largest independent IoT service providers.