A Look At Procore Technologies (PCOR) Valuation After Strong Q4 Beat And 2026 Double Digit Growth Outlook

Procore Technologies (PCOR) shares moved after the company paired a stronger than expected Q4 2025 with new guidance indicating double digit revenue growth in 2026 and increased use of AI across its platform.

See our latest analysis for Procore Technologies.

The Q4 beat and fresh guidance arrived after a tough stretch, with a 30 day share price return of 23.31% and a 1 year total shareholder return decline of 40.18%. The 1 day share price return of 9.31% hints that sentiment around Procore's AI push and earnings trajectory may be starting to stabilize after earlier weakness.

If this earnings reaction has you looking beyond one construction software name, it could be worth scanning 58 profitable AI stocks that aren't just burning cash as a starting list of cash generative AI related opportunities.

After a 1 year total shareholder return decline of 40.18% and fresh guidance pointing to 13% revenue growth in 2026, the key question now is whether Procore is still undervalued or if the recent rebound already reflects future growth.

Most Popular Narrative: 37.6% Undervalued

With Procore Technologies last closing at $52.34 against a narrative fair value near $83.89, the current setup leans heavily on future cash flow strength and improving profitability.

Growing regulatory complexity and public sector digital transformation (e.g., FedRAMP in-process designation) are expanding Procore's addressable market among government agencies and large contractors, which supports robust long-term backlog growth and can drive multiyear contract expansion, enhancing recurring revenue visibility.

Read the complete narrative.

Curious how this government push and AI heavy product suite connect to that higher fair value? The narrative leans on faster top line growth, rising margins, and a far richer earnings multiple than the broader software space. Want to see exactly how those moving parts add up in the model?

Result: Fair Value of $83.89 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, this hinges on construction activity holding up and AI driven rivals not squeezing Procore's pricing power or slowing its push into international and government contracts.

Find out about the key risks to this Procore Technologies narrative.

Build Your Own Procore Technologies Narrative

If you see the story differently or just prefer to test the assumptions yourself, you can build a custom Procore view in minutes. Do it your way

A great starting point for your Procore Technologies research is our analysis highlighting 3 key rewards and 1 important warning sign that could impact your investment decision.

Looking for more investment ideas?

If you are serious about building a stronger portfolio, do not stop with a single stock story. Broaden your watchlist with data backed ideas that others might overlook.

• Target value first and see which companies our screener flags as 54 high quality undervalued stocks based on fundamentals that may not be fully reflected in current prices.
• Prioritise resilience by reviewing 83 resilient stocks with low risk scores, which pairs lower risk scores with business profiles that could help smooth out the bumps in your portfolio.
• Spot potential early stage opportunities using our 29 elite penny stocks with strong financials before they appear on everyone else's radar.

This 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com