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Procore Technologies Appoints Dr. Ajei S. Gopal as CEO

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Procore Technologies Appoints Dr. Ajei S. Gopal as CEO

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Procore Technologies ( (PCOR) ) has provided an update.

On November 10, 2025, Procore Technologies completed a planned CEO transition with Dr. Ajei S. Gopal assuming the role of CEO, succeeding Craig Courtemanche, Jr. who voluntarily resigned but remains as Chair of the Board. To acknowledge Mr. Courtemanche’s efforts in the transition, the Board approved a $500,000 bonus, continued benefits, and a performance-based stock unit award, ensuring his ongoing support for Dr. Gopal and leveraging his extensive experience with the company.

The most recent analyst rating on (PCOR) stock is a Hold with a $70.00 price target. To see the full list of analyst forecasts on Procore Technologies stock, see the PCOR Stock Forecast page.

Spark’s Take on PCOR Stock

According to Spark, TipRanks’ AI Analyst, PCOR is a Outperform.

Procore Technologies’ overall stock score is driven by strong financial performance in terms of revenue growth and cash flow management, along with positive technical indicators. The earnings call provided a boost with positive guidance and strategic initiatives. However, valuation concerns due to negative profitability and macroeconomic headwinds in the construction sector slightly dampen the score.

To see Spark’s full report on PCOR stock, click here.

More about Procore Technologies

Procore Technologies is a company operating in the technology industry, primarily focusing on providing construction management software solutions. The company is known for its cloud-based platform that helps construction professionals manage projects efficiently.

Average Trading Volume: 1,405,291

Technical Sentiment Signal: Strong Buy

Current Market Cap: $12.31B

Learn more about PCOR stock on TipRanks’ Stock Analysis page.

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