ProcorePCOR
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
0
Funds holding %
of 7,296 funds
0
Analysts bullish %
of 11 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
238% more call options, than puts
Call options by funds: $92.7M | Put options by funds: $27.4M
31% more repeat investments, than reductions
Existing positions increased: 159 | Existing positions reduced: 121
9% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 54
0.34% more ownership
Funds ownership: 92.77% [Q4 2024] → 93.1% (+0.34%) [Q1 2025]
1% less funds holding
Funds holding: 392 [Q4 2024] → 390 (-2) [Q1 2025]
9% less capital invested
Capital invested by funds: $10.3B [Q4 2024] → $9.44B (-$889M) [Q1 2025]
19% less funds holding in top 10
Funds holding in top 10: 27 [Q4 2024] → 22 (-5) [Q1 2025]
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$60
7%
downside
Avg. target
$76
18%
upside
High target
$90
40%
upside
11 analyst ratings
8 positive
73%
3 neutral
27%
0 negative
0%
Barclays Saket Kalia | 12%upside $72 | Equal-Weight Maintained | 2 May 2025 |
Stifel Adam Borg | 17%upside $75 | Buy Maintained | 2 May 2025 |
UBS Taylor McGinnis | 36%upside $87 | Buy Maintained | 24 Apr 2025 |
Scotiabank Nick Altmann | 17%upside $75 | Sector Outperform Maintained | 24 Apr 2025 |
Piper Sandler Brent Bracelin | 17%upside $75 | Overweight Maintained | 23 Apr 2025 |
Financial journalist opinion
Based on 3 articles about PCOR published over the past 30 days
Positive
Seeking Alpha
5 days ago
Procore: Long-Term Tailwinds Outweigh Short-Term Uncertainties
Despite recent stock declines, I remain bullish on Procore's long-term growth, especially with market opportunities both domestically and internationally. Procore's CEO transition introduces risk as does the ever-changing tariff situation. Procore's focus on AI-driven product enhancements and strategic BIM acquisitions strengthens its competitive edge and should keep client retention high.
Neutral
GlobeNewsWire
1 week ago
Homes and Buildings Industry Outlook 2025 Featuring Top Performers and Emerging Innovators - Carrier, Planon, Signify, ABB, Aprecomm, Procore, and Prominance
In 2024, the homes and buildings industry saw a 6.9% growth, thriving amid uncertainties. Projections for 2025 range from 4.3% to 8.6%, fueled by AI, IoT, and smart solutions. Despite challenges like rising O&M costs and labor shortages, innovations in AI and automation are reshaping the industry. In 2024, the homes and buildings industry saw a 6.9% growth, thriving amid uncertainties. Projections for 2025 range from 4.3% to 8.6%, fueled by AI, IoT, and smart solutions. Despite challenges like rising O&M costs and labor shortages, innovations in AI and automation are reshaping the industry.
Neutral
Business Wire
3 weeks ago
Procore Doubles Down on BIM, Empowering Contractors and Owners to Build Smarter
CARPINTERIA, Calif. & LONDON--(BUSINESS WIRE)--Procore Technologies, Inc. (NYSE: PCOR), a leading technology partner for every stage of construction, today announced investments in its Building Information Modeling (BIM) capabilities. Expanding on its existing BIM offerings, Procore has announced its acquisitions of Novorender and FlyPaper, which upon integration will empower owners and contractors worldwide to unlock BIM, streamline coordination, and connect critical BIM data seamlessly across.
Neutral
Seeking Alpha
1 month ago
Procore Technologies, Inc. (PCOR) Q1 2025 Earnings Call Transcript
Procore Technologies, Inc. (NYSE:PCOR ) Q1 2025 Earnings Conference Call May 1, 2025 5:00 PM ET Company Participants Alexandra Geller - Head-Investor Relations Tooey Courtemanche - Founder, President and Chief Executive Officer Howard Fu - Chief Financial Officer Conference Call Participants Saket Kalia - Barclays Dylan Becker - William Blair Joe Vruwink - Baird Brent Bracelin - Piper Sandler Matt Martino - Goldman Sachs DJ Hynes - Canaccord Adam Borg - Stifel Jason Celino - KeyBanc Capital Markets Operator Good afternoon. Thank you for attending today's Procore Technologies, Inc. FY 2025 Q1 Earnings Call.
Positive
Zacks Investment Research
1 month ago
Procore Technologies (PCOR) Surpasses Q1 Earnings and Revenue Estimates
Procore Technologies (PCOR) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.30 per share a year ago.
Neutral
Business Wire
1 month ago
Procore Announces First Quarter 2025 Financial Results
CARPINTERIA, Calif.--(BUSINESS WIRE)--Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today announced financial results for the first quarter ended March 31, 2025. “Our Q1 performance represented a positive start to the year, reflecting our measurable ROI for our customers,” said Tooey Courtemanche, Founder, President, and CEO of Procore. “Our ability to help customers achieve more with less positions us well to serve them as they naviga.
Negative
Zacks Investment Research
1 month ago
Earnings Preview: Procore Technologies (PCOR) Q1 Earnings Expected to Decline
Procore Technologies (PCOR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Positive
Seeking Alpha
1 month ago
Procore Continues To Deliver Under Industry Headwinds
Procore's Q4 earnings exceeded expectations, with revenue at $302M (16% YoY) and a gross margin of 81%, despite industry headwinds. The company continues to gain market share and win deals, with Q4 revenue growth of 16% YoY, outpacing many peers. Procore's diversified customer base and global reach enhance its durability, with high retention rates and significant international revenue growth.
Neutral
Seeking Alpha
1 month ago
Procore: A Generational Founder Steps Back, But The Business Marches On
Procore Technologies' stock offers a compelling buy opportunity at around the same price as six months ago. The company posted $1.15 billion in revenue for 2024, with 21.2% year-over-year growth, despite macroeconomic headwinds. Procore's valuation remains attractive compared to Autodesk, trading at lower EV/Revenue multiples while growing faster.
Neutral
Business Wire
2 months ago
Procore Announces Timing of First Quarter Fiscal Year 2025 Earnings Call
CARPINTERIA, Calif.--(BUSINESS WIRE)---- $PCOR--Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today announced that it will report its first quarter fiscal year 2025 financial results after the U.S. financial markets close on Thursday, May 1, 2025. In conjunction with this announcement, Procore will host a conference call on Thursday, May 1, 2025 at 2:00 p.m. Pacific Time to discuss Procore's financial results and financial guidance. To access th.
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