Procore Technologies (PCOR) to Post Quarterly Earnings on Wednesday

Procore Technologies (NYSE:PCORGet Free Report) is anticipated to announce its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect Procore Technologies to announce earnings of $0.41 per share and revenue of $365.8240 million for the quarter. Investors may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 30, 2026 at 8:30 AM ET.

Procore Technologies (NYSE:PCORGet Free Report) last posted its earnings results on Tuesday, May 5th. The company reported $0.34 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.02). Procore Technologies had a negative return on equity of 2.24% and a negative net margin of 5.61%.The firm had revenue of $359.28 million for the quarter, compared to analysts’ expectations of $352.82 million. During the same quarter last year, the company posted $0.23 EPS. The firm’s revenue was up 15.7% on a year-over-year basis. On average, analysts expect Procore Technologies to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Procore Technologies Stock Down 0.1%

Shares of NYSE:PCOR opened at $42.80 on Monday. The firm has a market capitalization of $6.46 billion, a P/E ratio of -83.93 and a beta of 0.75. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.12 and a current ratio of 1.12. The stock has a 50 day moving average price of $44.49 and a 200-day moving average price of $52.57. Procore Technologies has a 52-week low of $38.03 and a 52-week high of $82.32.

Insider Buying and Selling at Procore Technologies

In other news, Chairman Craig F. Jr. Courtemanche sold 56,122 shares of the firm’s stock in a transaction on Friday, July 10th. The stock was sold at an average price of $43.90, for a total transaction of $2,463,755.80. Following the completion of the transaction, the chairman directly owned 919,704 shares in the company, valued at $40,375,005.60. This trade represents a 5.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Benjamin C. Singer sold 3,942 shares of the firm’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $50.00, for a total value of $197,100.00. Following the transaction, the insider owned 96,723 shares of the company’s stock, valued at $4,836,150. The trade was a 3.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 189,621 shares of company stock worth $8,791,847. 16.80% of the stock is owned by insiders.

Institutional Trading of Procore Technologies

Several institutional investors have recently bought and sold shares of PCOR. Wilmington Savings Fund Society FSB bought a new stake in Procore Technologies during the 3rd quarter valued at about $34,000. Danske Bank A S purchased a new stake in shares of Procore Technologies during the third quarter valued at approximately $117,000. Los Angeles Capital Management LLC purchased a new stake in shares of Procore Technologies during the fourth quarter valued at approximately $134,000. Advisors Asset Management Inc. grew its holdings in shares of Procore Technologies by 32.5% during the fourth quarter. Advisors Asset Management Inc. now owns 1,846 shares of the company’s stock valued at $134,000 after buying an additional 453 shares during the last quarter. Finally, Fiduciary Trust Co bought a new stake in shares of Procore Technologies during the third quarter valued at approximately $201,000. 81.10% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. BTIG Research reaffirmed a “buy” rating and issued a $66.00 price target on shares of Procore Technologies in a research note on Friday. Citizens Jmp upgraded shares of Procore Technologies from a “market perform” rating to a “market outperform” rating and set a $71.00 target price on the stock in a report on Wednesday, April 29th. Barclays reduced their target price on shares of Procore Technologies from $65.00 to $50.00 and set an “overweight” rating on the stock in a research report on Monday, July 13th. Wall Street Zen lowered shares of Procore Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Finally, The Goldman Sachs Group lowered their price target on shares of Procore Technologies from $80.00 to $70.00 and set a “buy” rating for the company in a research report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $70.47.

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Procore Technologies Company Profile

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Procore Technologies, Inc engages in the provision of a cloud-based construction management platform and related software products in the United States and internationally. The company’s platform enables owners, general and specialty contractors, architects, and engineers to collaborate on construction projects. It offers Preconstruction that facilitates collaboration between internal and external stakeholders during the planning, budgeting, estimating, bidding, and partner selection phase of a construction project; and Project Execution, which enables real-time collaboration, information storage, design, BIM model clash detection, and regulation compliance for teams on the jobsite and in the back office.

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Earnings History for Procore Technologies (NYSE:PCOR)

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