Latest news with #ProcoreTechnologies
Business Insider
3 days ago
- 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
Business Wire
10-07-2025
- Business
- Business Wire
Procore Announces Timing of Second Quarter Fiscal Year 2025 Earnings Call
CARPINTERIA, Calif.--(BUSINESS WIRE)--Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today announced that it will report its second quarter fiscal year 2025 financial results after the U.S. financial markets close on Thursday, July 31, 2025. In conjunction with this announcement, Procore will host a conference call on Thursday, July 31, 2025 at 2:00 p.m. Pacific Time to discuss Procore's financial results and financial guidance. To access this call, dial +1 833 470 1428 (domestic) or +1 404 975 4839 (international). The conference ID number is 510782. A live webcast of this conference call will be available on the Investor Relations page of Procore's website, and a replay will be archived on the website as well. To access the live event please register here. 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 PROCORE-IR Category: Earnings
Yahoo
13-06-2025
- Business
- Yahoo
Is It Time To Consider Buying Procore Technologies, Inc. (NYSE:PCOR)?
Procore Technologies, Inc. (NYSE:PCOR), is not the largest company out there, but it saw a double-digit share price rise of over 10% in the past couple of months on the NYSE. While good news for shareholders, the company has traded much higher in the past year. With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements have already been factored into the stock's share price. But what if there is still an opportunity to buy? Let's take a look at Procore Technologies's outlook and value based on the most recent financial data to see if the opportunity still exists. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. According to our valuation model, Procore Technologies seems to be fairly priced at around 8.45% above our intrinsic value, which means if you buy Procore Technologies today, you'd be paying a relatively fair price for it. And if you believe that the stock is really worth $60.23, then there isn't really any room for the share price grow beyond what it's currently trading. Furthermore, Procore Technologies's low beta implies that the stock is less volatile than the wider market. Check out our latest analysis for Procore Technologies Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. Procore Technologies' earnings over the next few years are expected to increase by 81%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value. Are you a shareholder? PCOR's optimistic future growth appears to have been factored into the current share price, with shares trading around its fair value. However, there are also other important factors which we haven't considered today, such as the track record of its management team. Have these factors changed since the last time you looked at the stock? Will you have enough confidence to invest in the company should the price drop below its fair value? Are you a potential investor? If you've been keeping an eye on PCOR, now may not be the most optimal time to buy, given it is trading around its fair value. However, the positive outlook is encouraging for the company, which means it's worth further examining other factors such as the strength of its balance sheet, in order to take advantage of the next price drop. If you want to dive deeper into Procore Technologies, you'd also look into what risks it is currently facing. Every company has risks, and we've spotted 2 warning signs for Procore Technologies you should know about. If you are no longer interested in Procore Technologies, you can use our free platform to see our list of over 50 other stocks with a high growth potential. 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. Sign in to access your portfolio
Yahoo
03-05-2025
- Business
- Yahoo
Procore Technologies First Quarter 2025 Earnings: Beats Expectations
Revenue: US$310.6m (up 15% from 1Q 2024). Net loss: US$33.0m (loss widened by 201% from 1Q 2024). US$0.22 loss per share (further deteriorated from US$0.075 loss in 1Q 2024). Our free stock report includes 2 warning signs investors should be aware of before investing in Procore Technologies. Read for free now. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 1.1%. Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US. Performance of the American Software industry. The company's shares are up 1.7% from a week ago. We should say that we've discovered 2 warning signs for Procore Technologies that you should be aware of before investing here. 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. Sign in to access your portfolio
