Latest news with #PCOR
Yahoo
02-08-2025
- Business
- Yahoo
Procore Technologies Second Quarter 2025 Earnings: Beats Expectations
Procore Technologies (NYSE:PCOR) Second Quarter 2025 Results Key Financial Results Revenue: US$323.9m (up 14% from 2Q 2024). Net loss: US$21.1m (loss widened by 234% from 2Q 2024). US$0.14 loss per share (further deteriorated from US$0.043 loss in 2Q 2024). We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Procore Technologies Revenues and Earnings Beat Expectations Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) also surpassed analyst estimates by 50%. Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in the US. Performance of the American Software industry. The company's shares are down 18% from a week ago. Risk Analysis Be aware that Procore Technologies is showing 2 warning signs in our investment analysis that you should know about... Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
02-08-2025
- Business
- Business Insider
Canaccord Genuity Keeps Their Buy Rating on Procore Technologies (PCOR)
In a report released today, David Hynes from Canaccord Genuity maintained a Buy rating on Procore Technologies, with a price target of $85.00. The company's shares closed today at $62.04. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Hynes is an analyst with an average return of -2.0% and a 44.38% success rate. Hynes covers the Technology sector, focusing on stocks such as ServiceNow, Procore Technologies, and CS Disco. In addition to Canaccord Genuity, Procore Technologies also received a Buy from BMO Capital's Daniel Jester in a report issued today. However, on the same day, Loop Capital Markets maintained a Hold rating on Procore Technologies (NYSE: PCOR). The company has a one-year high of $88.92 and a one-year low of $49.46. Currently, Procore Technologies has an average volume of 1.21M. Based on the recent corporate insider activity of 89 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PCOR in relation to earlier this year. Most recently, in June 2025, William J.G. Griffith, a Director at PCOR sold 309,168.00 shares for a total of $20,018,353.62.
Business Insider
19-07-2025
- Business
- Business Insider
Citizens JMP Sticks to Their Buy Rating for Procore Technologies (PCOR)
In a report released yesterday, Joe Goodwin from Citizens JMP reiterated a Buy rating on Procore Technologies, with a price target of $95.00. The company's shares closed yesterday at $74.13. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Goodwin is ranked #8359 out of 9841 analysts. Procore Technologies has an analyst consensus of Strong Buy, with a price target consensus of $79.42. PCOR market cap is currently $11.06B and has a P/E ratio of -86.35. Based on the recent corporate insider activity of 89 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PCOR in relation to earlier this year. Last month, William J.G. Griffith, a Director at PCOR sold 309,168.00 shares for a total of $20,018,353.62.
Business Wire
15-07-2025
- Business
- Business Wire
Procore Achieves FedRAMP® 'In Process' Designation
CARPINTERIA, Calif.--(BUSINESS WIRE)--Procore Technologies, Inc. (NYSE: PCOR), a leading technology partner for every stage of construction, today announced that it has achieved a Federal Risk and Authorization Management Program (FedRAMP®) 'In Process' designation and is now listed on the FedRAMP Marketplace. This milestone marks significant progress towards achieving FedRAMP Moderate authorization and reinforces Procore's commitment to serving U.S. public sector agencies and their contractors. Once authorized, Procore for Government will provide a FedRAMP Moderate authorized environment (Government Zone) for Procore's core solutions – Project Execution, Financial Management, and Reporting and Analytics. 'Many of the largest projects in the U.S.—from power plants to roads to water systems and bridges–are developed by the public sector. Today's FedRAMP 'In Process' designation further strengthens Procore's commitment to being the most trusted technology partner for builders supporting the U.S. public sector,' said Steve Davis, President of Product and Technology, Procore. 'Procore for Government will also empower federal and state agencies to collaborate on the essential infrastructure projects we rely on every day.' Once available, Procore for Government's Unified Platform connects people, processes, and data across the entire project lifecycle—boosting collaboration, improving communication, and driving operational efficiencies. It will also help support contractors in meeting their Cybersecurity Maturity Model Certification (CMMC) Level 2 requirements. For more information on Procore's public sector offerings, visit About Procore Procore Technologies, Inc. (NYSE: PCOR) is a leading technology partner for every stage of construction. Built for the industry, Procore's unified technology platform drives efficiency and mitigates risk through AI & data-driven insights and decision making. Over three million projects have run on Procore across 150+ countries. For more information, visit
Yahoo
16-06-2025
- Business
- Yahoo
1 Unprofitable Stock on Our Watchlist and 2 to Turn Down
Running at a loss can be a red flag. Many of these businesses face mounting challenges as competition increases and funding becomes harder to secure. Unprofitable companies face an uphill battle, but not all are created equal. Luckily for you, StockStory is here to separate the promising ones from the weak. That said, here is one unprofitable company with the potential to become an industry leader and two that could struggle to survive. Trailing 12-Month GAAP Operating Margin: -12.9% Used to manage the multi-year expansion of the Panama Canal that began in 2007, Procore (NYSE:PCOR) offers a software-as-service project, finance, and quality management platform for the construction industry. Why Are We Wary of PCOR? Track record of operating margin losses stem from its decision to pursue growth instead of profits Low free cash flow margin of 9.8% for the last year gives it little breathing room, constraining its ability to self-fund growth or return capital to shareholders Procore is trading at $64.18 per share, or 7.3x forward price-to-sales. Dive into our free research report to see why there are better opportunities than PCOR. Trailing 12-Month GAAP Operating Margin: -186% One of the first EV charging companies to go public, Blink Charging (NASDAQ:BLNK) is a manufacturer, owner, operator, and provider of electric vehicle charging equipment and networked EV charging services. Why Is BLNK Not Exciting? Issuance of new shares over the last five years caused its earnings per share to fall by 10.2% annually while its revenue grew Cash burn makes us question whether it can achieve sustainable long-term growth Short cash runway increases the probability of a capital raise that dilutes existing shareholders At $0.90 per share, Blink Charging trades at 0.8x forward price-to-sales. To fully understand why you should be careful with BLNK, check out our full research report (it's free). Trailing 12-Month GAAP Operating Margin: -4.2% Based in Tel Aviv, Fiverr (NYSE:FVRR) operates a fixed price global freelance marketplace for digital services. Why Are We Fans of FVRR? Customers are spending more money on its platform as its average revenue per buyer has increased by 17.4% annually over the last two years Additional sales over the last three years increased its profitability as the 52.1% annual growth in its earnings per share outpaced its revenue Free cash flow margin grew by 9.7 percentage points over the last few years, giving the company more chips to play with Fiverr's stock price of $29.70 implies a valuation ratio of 12.4x forward EV/EBITDA. Is now the right time to buy? Find out in our full research report, it's free. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
