Procore Technologies Inc [PCOR] stock prices are up 0.54% to $72.35 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The PCOR shares have gain 5.45% over the last week, with a monthly amount drifted -10.05%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Procore Technologies Inc [NYSE: PCOR] stock has seen the most recent analyst activity on January 06, 2025, when Jefferies upgraded its rating to a Buy and also boosted its price target to $100 from $80. Previously, UBS started tracking the stock with Buy rating on December 02, 2024, and set its price target to $105. On November 22, 2024, BMO Capital Markets reiterated its Outperform rating and revised its price target to $85 on the stock. Robert W. Baird started tracking the stock assigning a Outperform rating and suggested a price target of $73 on September 24, 2024. DA Davidson downgraded its rating to a Neutral and reduced its price target to $60 on August 02, 2024. Barclays downgraded its rating to Equal Weight for this stock on August 02, 2024, and downed its price target to $54. In a note dated June 05, 2024, Macquarie initiated an Neutral rating and provided a target price of $70 on this stock.
The stock price of Procore Technologies Inc [PCOR] has been fluctuating between $49.46 and $88.92 over the past year. Currently, Wall Street analysts expect the stock to reach $87.5 within the next 12 months. Procore Technologies Inc [NYSE: PCOR] shares were valued at $72.35 at the most recent close of the market. An investor can expect a potential return of 20.94% based on the average PCOR price forecast.
Analyzing the PCOR fundamentals
The Procore Technologies Inc [NYSE:PCOR] reported sales of 1.15B for trailing twelve months, representing a surge of 16.15%. Gross Profit Margin for this corporation currently stands at 0.82% with Operating Profit Margin at -0.11%, Pretax Profit Margin comes in at -0.09%, and Net Profit Margin reading is -0.09%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.08 and Total Capital is -0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.06.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 71.79 points at the first support level, and at 71.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 73.06, and for the 2nd resistance point, it is at 73.76.
Ratios To Look Out For
It’s worth pointing out that Procore Technologies Inc [NYSE:PCOR]’s Current Ratio is 1.51. On the other hand, the Quick Ratio is 1.51, and the Cash Ratio is 0.6. Considering the valuation of this stock, the price to sales ratio is 9.42, the price to book ratio is 8.42.
Transactions by insiders
Recent insider trading involved Fu Howard, CFO & Treasurer, that happened on Mar 21 ’25 when 1447.0 shares were sold. Officer, HOWARD FU completed a deal on Mar 21 ’25 to buy 1447.0 shares. Meanwhile, Director O CONNOR KEVIN J sold 5128.0 shares on Mar 13 ’25.
