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Procore Technologies, Inc.NYSE:PCOR Stock Report

Market Cap US$8.0b
Share Price
US$53.28
US$71
25.0% undervalued intrinsic discount
1Y-19.4%
7D-5.4%
Portfolio Value
View

Procore Technologies, Inc.

NYSE:PCOR Stock Report

Market Cap: US$8.0b

Procore Technologies (PCOR) Stock Overview

Provides a cloud-based construction management platform and related products and services in the United States and internationally. More details

PCOR fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance0/6
Financial Health6/6
Dividends0/6

PCOR Community Fair Values

Create Narrative

See what 28 others think this stock is worth. Follow their fair value or set your own to get alerts.

Software opportunity

Procore Technologies, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Procore Technologies
Historical stock prices
Current Share PriceUS$53.51
52 Week HighUS$82.32
52 Week LowUS$46.08
Beta0.78
1 Month Change-4.34%
3 Month Change4.33%
1 Year Change-19.41%
3 Year Change-4.53%
5 Year Changen/a
Change since IPO-39.19%

Recent News & Updates

Analysis Article May 07

Procore Technologies, Inc. (NYSE:PCOR) Just Released Its First-Quarter Earnings: Here's What Analysts Think

Procore Technologies, Inc. ( NYSE:PCOR ) shareholders are probably feeling a little disappointed, since its shares fell...

Recent updates

Analysis Article May 07

Procore Technologies, Inc. (NYSE:PCOR) Just Released Its First-Quarter Earnings: Here's What Analysts Think

Procore Technologies, Inc. ( NYSE:PCOR ) shareholders are probably feeling a little disappointed, since its shares fell...
Narrative Update Apr 24

PCOR: Government Readiness And AI Partnerships Will Support Long Term Upside

Analysts have adjusted their price target on Procore Technologies slightly lower to $71.00 from $72.56. This reflects updated views on discount rates, long term profit margins and the appropriate future P/E multiple, rather than a shift in expected revenue growth.
Narrative Update Apr 09

PCOR: Government Contract Readiness Will Support Long Term Upside

Analysts have reaffirmed a $72.56 price target for Procore Technologies, citing updated assumptions around discount rate, revenue growth, profit margin, and future P/E. Together, these factors support a steady valuation framework rather than a change in fair value.
Narrative Update Mar 26

PCOR: Government Access And Equipment Data Integration Will Support Long Term Upside

Analysts have kept Procore Technologies' fair value estimate steady at about $72.56, with only minimal tweaks to assumptions around discount rate, revenue growth, profit margin, and future P/E. This reflects updated modeling rather than a change in overall view.
Seeking Alpha Mar 19

Procore Navigates CEO Transition And Challenged Construction Industry

Summary Procore Technologies, Inc. delivered positive Q4 2025 results, beating revenue and earnings estimates, but faces macro and industry headwinds. PCOR is integrating generative AI to defend its market position, aiming to become the system of record for construction management. Despite robust revenue growth and cash generation, elevated stock-based compensation and a premium valuation versus SaaS peers warrant caution. I maintain a Hold rating on PCOR, due to macroeconomic uncertainty, CEO transition, and potential delays in client decision-making amid volatile construction markets. Read the full article on Seeking Alpha
Narrative Update Mar 12

PCOR: Government Authorization And Equipment Partnership Will Support Long Term Upside Potential

Analysts have maintained their $72.56 price target for Procore Technologies, citing relatively unchanged assumptions around revenue growth, profit margins and future P/E, along with a slightly higher discount rate. What's in the News Procore plans a CFO transition, with Rachel Pyles joining as Chief Financial Officer Designate and set to succeed Howard Fu as CFO and Treasurer on April 1, 2026, while Fu moves into a strategic advisory role to support the handover.
New Narrative Mar 01

AI And Global Construction Complexity Will Drive This Platform’s Next Phase Of Strength

Catalysts About Procore Technologies Procore Technologies provides a cloud platform that serves as a system of record and collaboration hub for construction projects worldwide. What are the underlying business or industry changes driving this perspective?
Narrative Update Feb 25

PCOR: Public Sector Expansion Will Support Long Term Upside Potential

Analysts have cut their fair value estimate for Procore Technologies from about $83.89 to about $72.56 as they reset assumptions around revenue growth, profit margin potential, and the future P/E multiple. What's in the News Issued earnings guidance for the first quarter of 2026, with revenue expected between US$351 million and US$353 million, implying year over year growth in the 13% to 14% range (company guidance).
New Narrative Feb 14

Gradual AI And Margin Expansion Will Shape A Fairly Valued Construction Software Leader

Catalysts About Procore Technologies Procore Technologies provides construction management software that serves as a system of record and collaboration platform for participants across the construction life cycle. What are the underlying business or industry changes driving this perspective?
Narrative Update Feb 10

PCOR: Government Platform And Public Sector Demand Will Support Future Upside

Analysts have reduced their price target on Procore Technologies to about US$83.89, down from roughly US$87.53, citing updated views on revenue growth, margins and future P/E assumptions. What's in the News Procore Technologies launched Procore for Government, a construction management platform tailored for U.S. federal, state, and local entities and their contractors (Key Developments).
Narrative Update Jan 27

PCOR: Share Repurchases And Higher Margin Outlook Will Support Future Upside

Analysts have lifted their fair value estimate for Procore Technologies from about US$86.83 to roughly US$87.53, citing updated assumptions around revenue growth, profit margins, the discount rate and a lower future P/E multiple. What's in the News The Board of Directors authorized a share repurchase plan on November 3, 2025, setting the framework for future buybacks (Key Developments).
Narrative Update Jan 10

PCOR: Share Repurchases And AI Expansion Will Support Future Upside

Analysts have nudged their price target on Procore Technologies slightly higher to around US$86.83 from about US$86.53, reflecting updated assumptions around revenue growth, profit margins, discount rates, and future P/E. What's in the News The board authorized a new share repurchase plan, allowing Procore Technologies to buy back up to US$300 million of common stock, funded from working capital, with the program running until November 3, 2026 (Key Developments).
Narrative Update Dec 20

PCOR: New Buybacks And AI Expansion Will Drive Future Upside

Analysts have modestly raised their price target on Procore Technologies by approximately $0.08 per share to reflect slightly stronger expected revenue growth, which more than offsets a marginally lower profit margin outlook and a minimally reduced discount rate. What's in the News The Board of Directors has authorized a new share repurchase plan, enabling Procore Technologies to buy back up to $300 million of common stock through November 3, 2026, funded from working capital (company announcement).
Narrative Update Dec 05

PCOR: Share Repurchases And Margin Expansion Will Support Future Upside

Analysts have modestly raised their price target on Procore Technologies, citing improving long term profit margin expectations. The valuation framework implies a move of roughly a few dollars per share while keeping fair value anchored around the mid 80 dollar range.
Narrative Update Nov 21

PCOR: Share Buyback And New Leadership Are Expected To Drive Upside

Narrative Update: Procore Technologies Analyst Price Target Revision Analysts have raised their price target for Procore Technologies from $84.28 to $86.44. This change reflects incremental adjustments in growth expectations and valuation assumptions.
Narrative Update Nov 07

PCOR: AI Developments And Leadership Transition Will Shape Balanced Outlook

Analysts have raised their price target for Procore Technologies to approximately $84.28 from $82.12, citing optimistic revisions to the company's projected revenue growth despite adjustments in profit margin expectations. What's in the News Procore Technologies has unveiled new AI capabilities within its Procore Helix intelligence layer, including features such as photo intelligence, multilingual and mobile support, and an open beta launch of Procore Agent Builder for workflow automation (Product-Related Announcements).
Analysis Article Jul 27

Is Procore Technologies, Inc. (NYSE:PCOR) Potentially Undervalued?

Procore Technologies, Inc. ( NYSE:PCOR ) led the NYSE gainers with a relatively large price hike in the past couple of...
Analysis Article Jun 30

Pinning Down Procore Technologies, Inc.'s (NYSE:PCOR) P/S Is Difficult Right Now

You may think that with a price-to-sales (or "P/S") ratio of 8.5x Procore Technologies, Inc. ( NYSE:PCOR ) is a stock...
Seeking Alpha Apr 18

Procore: A Generational Founder Steps Back, But The Business Marches On

Summary 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. The CEO transition adds uncertainty, but founder Tooey Courtemanche’s continued role as Executive Chairman looks to help maintain continuity. Read the full article on Seeking Alpha
User avatar
New Narrative Mar 19

AI-Powered Copilot And Agents Will Improve Future Prospects

Strategic investments in AI and platform connectivity aim to enhance efficiency, reduce risk, and drive long-term growth and revenue expansion.
Seeking Alpha Mar 06

Procore: High Valuation And High Expectations

Summary Procore looks overvalued from a relative perspective, compared to Autodesk, and from an absolute perspective, using a reverse DCF analysis. Procore's strategy focuses on capturing market share by targeting project owners and enhancing connectivity between construction crews and office staff. Procore keeps on innovating its platform but faces macro risks due to the global tariff war. Read the full article on Seeking Alpha
Seeking Alpha Feb 18

Procore Technologies: Remain Buy Rated On Growth Acceleration Beyond FY25

Summary Procore Technologies maintains a buy rating due to strong execution, a promising GTM transition, and Procore Pay as a significant growth catalyst. 4Q24 results showed a 16% y/y revenue growth to $302 million, with notable cRPO growth and a significant increase in customers with >$1 million ARR. PCOR's GTM transition is driving enterprise expansion, evidenced by multiple seven-figure ARR contracts and improved sales productivity from a specialist-driven model. Read the full article on Seeking Alpha
Seeking Alpha Jan 30

Procore: A Leading Contender To Bring Machine Learning, AI, And AI Agents To Construction

Summary Procore Inc. is a leading cloud-based construction management SaaS provider in a large, growing, and complex industry, and is well-positioned to drive efficiency for customers using AI models and agents. Despite strong revenue growth and positive free cash flow, Procore's valuation remains high, requiring substantial future growth to justify its current market cap. The construction industry’s low digitization and inherent inefficiencies present significant opportunities for Procore, but construction industry cyclicality remains a concern. I plan to establish a small toehold investment in Procore, and cost average down with stock price pullbacks. Read the full article on Seeking Alpha
Seeking Alpha Dec 06

Procore: Future Remains Bright

Summary Procore Technologies, a founder-led company, is disrupting the construction industry with its leading technology platform, boasting 2 million active users and high gross retention rates. Despite underperforming the S&P 500 YTD, Procore's new go-to-market strategy and strong financials, including $439 million in cash, indicate promising future growth. Procore's total addressable market is vast, and the company is well-positioned for geographic expansion and product cross-selling, with opportunities for significant revenue growth. Risks include macroeconomic factors and the execution of their new strategy, but positive feedback and strategic M&A plans support a bullish long-term outlook. Read the full article on Seeking Alpha
Seeking Alpha Nov 19

Procore Technologies: Sales Force Expansion And International Expansion, Buy

Summary Procore Technologies is a leading provider of cloud-based construction management software, with significant growth potential in the underpenetrated digital construction market. Procore's integrated platforms and focus on large customers provide competitive advantages, contributing to strong revenue growth and improved profitability. International expansion and sales team growth are key drivers, with a one-year target price of $82 per share and a 'Buy' rating. Key risks include competition from larger firms, high stock-based compensation, and credit loss provisions due to the cyclical nature of the construction industry. Read the full article on Seeking Alpha

Shareholder Returns

PCORUS SoftwareUS Market
7D-5.4%3.1%2.1%
1Y-19.4%-6.3%30.6%

Return vs Industry: PCOR underperformed the US Software industry which returned -7.9% over the past year.

Return vs Market: PCOR underperformed the US Market which returned 31% over the past year.

Price Volatility

Is PCOR's price volatile compared to industry and market?
PCOR volatility
PCOR Average Weekly Movement8.4%
Software Industry Average Movement9.7%
Market Average Movement7.2%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: PCOR has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: PCOR's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20024,421Ajei Gopalwww.procore.com

Procore Technologies, Inc., together with its subsidiaries, provides a cloud-based construction management platform and related products and services in the United States and internationally. Its platform enables owners, general and specialty contractors, architects, and engineers to collaborate on construction projects. The company offers Preconstruction that facilitates collaboration between internal and external stakeholders during the takeoff, planning, budgeting, estimating, bidding, design, and partner selection phases of a construction project and Project Execution, which enables collaboration, information transmission and storage, and safety regulation compliance for teams on the jobsite and in the back office.

Procore Technologies, Inc. Fundamentals Summary

How do Procore Technologies's earnings and revenue compare to its market cap?
PCOR fundamental statistics
Market capUS$7.99b
Earnings (TTM)-US$76.89m
Revenue (TTM)US$1.37b
5.9x
P/S Ratio
-105.0x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PCOR income statement (TTM)
RevenueUS$1.37b
Cost of RevenueUS$275.62m
Gross ProfitUS$1.10b
Other ExpensesUS$1.17b
Earnings-US$76.89m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.51
Gross Margin79.90%
Net Profit Margin-5.61%
Debt/Equity Ratio0%

How did PCOR perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 01:54
End of Day Share Price 2026/05/07 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Procore Technologies, Inc. is covered by 27 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Adam ShepherdArete Research Services LLP
Joseph VruwinkBaird
Saket KaliaBarclays