Procore Technologies (PCOR) AI Stock Analysis

• Market Cap: $12.31B
• Dividend Yield: N/A
• Average Volume (3M): 1.28M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.76
• Revenue Growth: 14.94%
• EPS Growth: -67.31%
• Country: US
• Employees: 4,203
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 0.42
• Shares Outstanding: 155,469,860
• 10 Day Avg. Volume: 1,780,659
• 30 Day Avg. Volume: 1,282,364
• PEG Ratio: 2.25
• Price to Book (P/B): 8.58
• Price to Sales (P/S): 9.59
• P/FCF Ratio: 62.41
• Enterprise Value/Market Cap: 0.84
• Enterprise Value/Revenue: 8.11
• Enterprise Value/Gross Profit: 10.17
• Enterprise Value/Ebitda: -1.24K
• 1Y Price Target: $86.64
• Price Target Upside: 9.88% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 14
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 74 Outperform
• Price Target: $89.00 ▲(12.87% Upside)

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.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective sales strategies, positioning Procore for sustained expansion.

Operating Margin Improvement

Improved operating margins reflect enhanced operational efficiency, which can lead to better profitability and financial health over time.

New CEO Announcement

New leadership with extensive experience can drive strategic initiatives and foster innovation, supporting long-term growth and stability.

Negative Factors

Profitability Challenges

Ongoing profitability issues can hinder financial sustainability and limit investment in growth opportunities, posing a risk to long-term success.

Construction Macro Headwinds

Macroeconomic challenges in the construction sector may impact demand for Procore's solutions, affecting revenue growth potential.

CFO Absence

The unexpected absence of a key executive can create uncertainty in financial management and strategic decision-making, impacting investor confidence.

Procore Technologies Business Overview & Revenue Model

Company Description

Procore Technologies (PCOR) is a leading provider of cloud-based construction management software, designed to streamline project management processes for construction professionals. Operating primarily in the construction technology sector, Procore offers a comprehensive suite of tools that facilitate project planning, collaboration, and financial management across various stages of construction projects. Its core products include project management, construction financials, quality and safety, and field productivity solutions tailored for contractors, owners, and subcontractors in the construction industry.

How the Company Makes Money

Procore generates revenue primarily through subscription fees for its software platform, which is offered under a Software as a Service (SaaS) model. Customers pay annual or multi-year contracts to access Procore's suite of tools, which can be customized to meet the needs of different construction projects. Key revenue streams include fees from new customer subscriptions, renewals from existing clients, and upselling additional modules and features. Procore also benefits from strategic partnerships with various industry stakeholders, including construction firms and technology providers, that enhance its service offerings and expand its market reach. Additionally, the company may generate revenue from professional services, such as training and implementation support, further contributing to its earnings.

Procore Technologies Financial Statement Overview

Summary

Procore Technologies demonstrates solid revenue growth and robust cash flow management, with a strong gross profit margin and low debt-to-equity ratio. However, profitability remains a challenge, with negative net profit and EBIT margins. Continued focus on reducing operational losses is crucial for future financial performance.

Income Statement

Procore Technologies shows a consistent revenue growth trajectory, with a TTM revenue growth rate of 3.49%. However, profitability remains a challenge, as indicated by negative net profit and EBIT margins. The gross profit margin is strong at 79.75%, reflecting efficient cost management. Continued focus on reducing operational losses could improve overall profitability.

Balance Sheet

The company's balance sheet is relatively stable, with a low debt-to-equity ratio of 0.05, indicating prudent financial leverage. However, the return on equity is negative, reflecting ongoing net losses. The equity ratio is healthy, suggesting a strong capital structure, but improving profitability is crucial for enhancing shareholder returns.

Cash Flow

Procore Technologies exhibits robust cash flow management, with a significant free cash flow growth rate of 53.07% in the TTM. The operating cash flow to net income ratio is positive, indicating effective cash generation relative to net losses. The free cash flow to net income ratio is strong, suggesting efficient cash utilization despite negative net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.28B	1.15B	950.01M	720.20M	514.82M	400.29M
Gross Profit	1.02B	946.10M	775.55M	571.79M	416.51M	328.63M
EBITDA	-8.33M	-12.53M	-114.83M	-221.29M	-250.22M	-68.81M
Net Income	-125.47M	-105.96M	-189.69M	-286.93M	-265.17M	-96.17M
Balance Sheet
Total Assets	2.06B	2.10B	1.89B	1.74B	1.69B	820.77M
Cash, Cash Equivalents and Short-Term Investments	683.98M	775.39M	677.95M	582.21M	586.11M	379.91M
Total Debt	63.04M	80.02M	93.92M	94.32M	96.76M	95.39M
Total Liabilities	834.46M	813.02M	737.96M	623.63M	501.37M	1.09B
Stockholders Equity	1.22B	1.29B	1.16B	1.12B	1.19B	-272.10M
Cash Flow
Free Cash Flow	173.28M	177.03M	47.01M	-36.82M	9.10M	2.89M
Operating Cash Flow	214.38M	196.17M	92.02M	12.61M	36.73M	21.85M
Investing Cash Flow	-136.24M	-150.11M	-76.06M	-340.48M	-541.77M	-33.51M
Financing Cash Flow	-157.97M	36.24M	41.16M	38.65M	711.83M	272.12M

Procore Technologies Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 78.85
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PCOR, the sentiment is Positive. The current price of 78.85 is above the 20-day moving average (MA) of 74.31, above the 50-day MA of 72.79, and above the 200-day MA of 70.07, indicating a bullish trend. The MACD of 1.65 indicates Negative momentum. The RSI at 59.14 is Neutral, neither overbought nor oversold. The STOCH value of 70.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PCOR.

Procore Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
APPF	75 Outperform	$9.16B	45.00	44.69%	―	18.88%	54.44%
PCOR	74 Outperform	$12.31B	―	-10.00%	―	14.94%	-67.31%
DAY	71 Outperform	$10.98B	―	-5.71%	―	11.73%	-376.77%
BILL	68 Neutral	$4.73B	―	0.30%	―	11.63%	50.72%
MNDY	66 Neutral	$8.44B	134.72	5.81%	―	28.62%	186.67%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
TTAN	51 Neutral	$8.83B	―	-37.28%	―	26.45%	-74.34%

Procore Technologies Corporate Events

Procore Technologies Earnings Call Highlights Robust Growth

Procore Technologies Inc. showcased a robust performance in its latest earnings call, underscoring strong revenue growth and improved operating margins. Despite facing macroeconomic challenges in the construction sector, the company reported significant market share gains. The announcement of a new CEO with a proven track record further enhances Procore’s future outlook.

Procore Technologies Reports Strong Q3 2025 Results

Procore Technologies, Inc. is a leading provider of construction management software, offering a unified technology platform that enhances efficiency and reduces risk through AI and data-driven insights. The company operates globally, serving over three million projects across more than 150 countries.

Procore Technologies Appoints New CEO Designate

On September 19, 2025, Procore Technologies appointed Dr. Ajei S. Gopal as CEO Designate, effective September 22, 2025, with plans for him to become CEO after the company’s Q3 financial results announcement. Dr. Gopal, who previously led Ansys, Inc. to significant growth, is expected to drive Procore’s next phase of growth and innovation. The company reaffirmed its Q3 and full-year fiscal 2025 guidance, indicating confidence in its strategic direction.

The most recent analyst rating on (PCOR) stock is a Buy with a $80.00 price target. To see the full list of analyst forecasts on Procore Technologies stock, see the PCOR Stock Forecast page.