Porch Group Balance Sheet Health
Financial Health criteria checks 3/6
Porch Group has a total shareholder equity of $26.3M and total debt of $399.0M, which brings its debt-to-equity ratio to 1516.9%. Its total assets and total liabilities are $806.6M and $780.3M respectively. Porch Group's EBIT is $49.6M making its interest coverage ratio 1.2. It has cash and short-term investments of $185.0M.
Key information
1,516.88%
Debt to equity ratio
US$399.05m
Debt
| Interest coverage ratio | 1.2x |
| Cash | US$184.99m |
| Equity | US$26.31m |
| Total liabilities | US$780.28m |
| Total assets | US$806.58m |
Recent financial health updates
No updates
Recent updates
PRCH: Recent Upgrade And 2026 Outlook Will Support Higher Earnings Multiple
Porch Group's analyst price target has shifted slightly, with a recalibrated fair value of about $16.29 per share, as analysts adjust their models following recent upgrades and a higher target from Keefe Bruyette. Analyst Commentary Recent Street research around Porch Group has centered on the upgraded rating and the revised price target, which now clusters around a fair value estimate of about $16.29 per share.PRCH: Upgraded Risk Profile Will Support Confidence In 2026 Earnings Multiple
Analysts have raised their price target on Porch Group by $1.50, citing recent upgrades and updated views on key inputs such as the discount rate, long-term revenue growth, profit margin, and future P/E assumptions. Analyst Commentary Bullish Takeaways Bullish analysts view the recent upgrade as a sign that key assumptions on revenue growth and profit margins now better reflect the company’s current execution path, which supports a higher valuation range.PRCH: Refreshed Risk Assumptions Will Support Confidence In 2026 Margin Outlook
Analysts have raised their price target on Porch Group by $1.50, citing updated research that supports a refreshed view on the company’s valuation drivers and risk profile. Analyst Commentary Bullish Takeaways Bullish analysts point to the higher price target as a reflection of updated work on Porch Group’s key valuation drivers, suggesting more confidence in how its core business model is being assessed.PRCH: Updated Risk Assumptions Will Support Confidence In Long Term Margin Potential
Analysts have raised their price target on Porch Group by $1.50, citing updated assumptions on the discount rate and long-term P/E. These revisions keep fair value unchanged at $16.38 while reflecting updated views on the company’s risk profile and earnings potential.PRCH: Recent Upgrade Will Support Confidence In Future Margin Expansion Potential
Analysts have adjusted their fair value estimate for Porch Group from $17.63 to $16.38, citing updated assumptions on growth, margins, discount rate, and future P/E following recent price target increases and an upgrade highlighted in Street research. Analyst Commentary Recent Street research around Porch Group has focused on valuation assumptions and the rationale behind the updated fair value estimate, using the latest price target move and upgrade as key reference points.PRCH: Steady Forecast Assumptions Will Support Future Margin Expansion Potential
Analysts have maintained their average price target for Porch Group at US$17.63, noting that only minor adjustments to assumptions such as discount rate, revenue growth, profit margin, and future P/E were made, which did not materially change their view of the stock's value. Valuation Changes Fair Value Estimate: Held steady at US$17.63 per share, with no change between the prior and updated assessment.Porch Group, Inc. (NASDAQ:PRCH) Not Doing Enough For Some Investors As Its Shares Slump 28%
Feb 05
PRCH: Narrowed 2025 Revenue Guidance Will Support Future Margin Upside
Analysts have trimmed their price target on Porch Group by about $0.50 to reflect slightly lower assumptions for fair value, revenue growth, and profit margins, along with a higher discount rate and P/E multiple. What's in the News Porch Group issued updated earnings guidance for Porch Shareholder Interest for full year 2025, giving investors a fresh reference point for its medium term outlook (Key Developments).PRCH: Expanded Property Data Coverage Will Support Future Margin Upside
Narrative Update on Analyst Price Target for Porch Group Analysts have kept their fair value estimate for Porch Group steady at US$18.13 while making small adjustments to inputs such as the discount rate, revenue growth, profit margins, and future P/E assumptions. These revisions reflect fine tuning of their models rather than a major shift in outlook.PRCH: Property Data Expansion Will Support 30% Future EBITDA Margin Potential
Analysts have modestly adjusted their price target on Porch Group to 18.13 dollars, reflecting slightly higher discount rate assumptions and marginally lower long term margin expectations, while maintaining a robust future earnings multiple. What's in the News Raised full year 2025 Porch Shareholder Interest revenue guidance to a range of 410 million to 420 million dollars, narrowing and slightly lifting the low end from the prior 405 million to 425 million dollar outlook (Corporate guidance) Expanded the Home Factors property intelligence platform with new and enhanced attributes, including electrical panel and sub panel location, roof life stage segmentation, and updated plumbing material indicators (Company product announcement) Stated goal for Home Factors to offer over 100 property attributes covering about 90 percent of U.S. homes, deepening carriers' visibility into interior and exterior home conditions for underwriting and pricing (Company product announcement) Valuation Changes Fair Value Estimate: Unchanged at 18.13 dollars per share, indicating no revision to the intrinsic value assessment despite minor model tweaks.PRCH: Reciprocal Model Will Support 30% Future EBITDA Margin Expansion
Analysts have raised their price target on Porch Group from $17 to $25 per share, citing expectations for sustained 20% to 25% annual premium growth, improved protection from weather related losses, expanding reciprocal take rates, and a path toward significantly higher EBITDA margins. Analyst Commentary Bullish analysts view the higher price target as a reflection of Porch Group's ability to sustain premium growth in the 20% to 25% range, arguing that this level of expansion supports a structurally higher revenue base and justifies multiple expansion.PRCH: Reciprocal Insurance Margins Will Expand With Scalable Policy Volumes
Analysts have adjusted their fair value estimate for Porch Group slightly lower, from $18.75 to $18.13 per share. This change is based on updated growth assumptions and expanded profit margin projections following recent company discussions.Porch Group's (NASDAQ:PRCH) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 13PRCH: Reciprocal Insurance Model Will Drive Margin Upside Amid Capital-Light Shift
The analyst price target for Porch Group was revised down from $19.75 to $18.75. This reflects analyst expectations for slower revenue growth and profit margin compression, despite some positive developments highlighted in recent research updates.Fee-Based Model Transition And Data Expansion Will Shape Our Future
Analysts have sharply raised Porch Group’s price target to $19.75, citing outperformance in insurance profitability, scalable premium growth, margin expansion potential, and a new capital-light structure that enhances valuations and financial flexibility. Analyst Commentary Bullish analysts see significant room for scaling policies and believe premium growth can reach 20%-25% annually, above prior expectations.Porch Group: Profitability Is Here, Now The Hard Part Starts
Sep 12Porch Group, Inc.'s (NASDAQ:PRCH) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Aug 29Porch Group, Inc. (NASDAQ:PRCH) Shares Fly 29% But Investors Aren't Buying For Growth
Jul 01Porch Group, Inc. Just Reported A Surprise Profit And Analysts Updated Their Estimates
May 09Porch Group, Inc.'s (NASDAQ:PRCH) 31% Dip In Price Shows Sentiment Is Matching Revenues
Apr 25
Fee-Based Model Transition And Data Expansion Will Shape Our Future
Porch Group's shift to a fee-based insurance model and formation of PIRE create a higher-margin, more predictable earnings structure.Porch Group, Inc. (NASDAQ:PRCH) Shares Fly 31% But Investors Aren't Buying For Growth
Mar 11From Skeptic To Buyer: Why I'm Upgrading Porch Group
Mar 05The Porch Group, Inc. (NASDAQ:PRCH) Analysts Have Been Trimming Their Sales Forecasts
Nov 12Earnings Beat: Porch Group, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Nov 10Improved Revenues Required Before Porch Group, Inc. (NASDAQ:PRCH) Stock's 67% Jump Looks Justified
Nov 08Are Investors Undervaluing Porch Group, Inc. (NASDAQ:PRCH) By 35%?
Oct 29Porch Group, Inc. (NASDAQ:PRCH) Stock Catapults 37% Though Its Price And Business Still Lag The Industry
Sep 20Financial Position Analysis
Short Term Liabilities: PRCH's short term assets ($270.1M) exceed its short term liabilities ($113.5M).
Long Term Liabilities: PRCH's short term assets ($270.1M) do not cover its long term liabilities ($666.8M).
Debt to Equity History and Analysis
Debt Level: PRCH's net debt to equity ratio (813.7%) is considered high.
Reducing Debt: PRCH's debt to equity ratio has increased from 30.9% to 1516.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PRCH has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PRCH is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 32.1% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/04/30 20:37 |
| End of Day Share Price | 2026/04/29 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Porch Group, Inc. is covered by 15 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Daniel Kurnos | Benchmark Company |
| Justin Ages | Berenberg |
| Timothy D'Agostino | B. Riley Securities, Inc. |