Procore
PCOR
About: Procore Technologies Inc is a cloud-based construction management software company. It generates revenue through subscriptions for access to its software products. The company's products include Design Coordination, BIM, Field Productivity, Project Financials, Invoice Management, Portfolio Financials, Capital Planning, Accounting Integrations, and Analytics. The software products are hosted on its cloud-based SaaS construction management platform. Subscriptions are sold for a fixed fee and revenue is recognized ratably over the term of the subscription.
Employees: 4,203
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
1,235% more call options, than puts
Call options by funds: $80.8M | Put options by funds: $6.05M
20% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 51
1% more funds holding
Funds holding: 393 [Q1] → 397 (+4) [Q2]
4% more repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 136
2% more capital invested
Capital invested by funds: $9.45B [Q1] → $9.61B (+$162M) [Q2]
1.0% more ownership
Funds ownership: 93.17% [Q1] → 94.17% (+1.0%) [Q2]
9% less funds holding in top 10
Funds holding in top 10: 22 [Q1] → 20 (-2) [Q2]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
DA Davidson
Gil Luria
|
$70
|
Neutral
Assumed
|
4 Aug 2025 |
Mizuho
Siti Panigrahi
|
$70
|
Neutral
Maintained
|
1 Aug 2025 |
Stifel
Adam Borg
|
$80
|
Buy
Maintained
|
1 Aug 2025 |
JMP Securities
Aaron Kimson
|
$95
|
Market Perform
Downgraded
|
1 Aug 2025 |
Keybanc
Jason Celino
|
$81
|
Overweight
Maintained
|
1 Aug 2025 |
Piper Sandler
Brent Bracelin
|
$82
|
Overweight
Maintained
|
1 Aug 2025 |
Baird
Joe Vruwink
|
$88
|
Outperform
Maintained
|
28 Jul 2025 |
Barclays
Saket Kalia
|
$82
|
Equal-Weight
Maintained
|
14 Jul 2025 |
Financial journalist opinion