Citizens JMP analyst Aaron Kimson downgraded Procore (PCOR) to Market Perform from Outperform without a price target The company reported strong Q2 results but the guidance was mixed, the analyst tells investors in a research note. The firm cites the outlook implying no revenue acceleration in 2026 and Procore’s go-to-market transition for the downgrade.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PCOR:
- Procore Technologies Reports Strong Q2 2025 Results
- Procore Technologies: Strong Growth, Strategic Cross-Selling, and Attractive Valuation Justify Buy Rating and Increased Price Target
- Procore reports Q2 adjusted EPS 35c, consensus 26c
- Procore sees Q3 revenue $326M-$328M, consensus $327.52M
- Procore sees FY25 revenue $1.299B-$1.302B, consensus $1.29B