Porch Group (PRCH) Projected to Post Earnings on Wednesday

Porch Group (NASDAQ:PRCHGet Free Report) is expected to release its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect the company to post earnings of ($0.04) per share and revenue of $122.3020 million for the quarter. Parties are encouraged to explore the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Wednesday, July 29, 2026 at 5:00 PM ET.

Porch Group (NASDAQ:PRCHGet Free Report) last released its quarterly earnings data on Tuesday, April 28th. The company reported ($0.04) EPS for the quarter, beating the consensus estimate of ($0.10) by $0.06. The business had revenue of $109.44 million during the quarter, compared to the consensus estimate of $94.72 million. Porch Group had a negative net margin of 3.41% and a negative return on equity of 115.59%. On average, analysts expect Porch Group to post $-0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Porch Group Price Performance

Shares of Porch Group stock traded down $0.72 during trading on Tuesday, reaching $11.99. 543,221 shares of the stock traded hands, compared to its average volume of 1,753,987. Porch Group has a 52-week low of $6.36 and a 52-week high of $19.44. The company has a debt-to-equity ratio of 14.87, a current ratio of 1.28 and a quick ratio of 1.28. The business has a fifty day simple moving average of $12.12 and a two-hundred day simple moving average of $9.57. The company has a market capitalization of $1.53 billion, a price-to-earnings ratio of -70.67 and a beta of 3.13.

Insider Buying and Selling at Porch Group

In other news, CEO Matt Ehrlichman sold 124,089 shares of the firm’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $9.79, for a total value of $1,214,831.31. Following the completion of the sale, the chief executive officer owned 16,564,822 shares in the company, valued at approximately $162,169,607.38. This trade represents a 0.74% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Matthew Neagle sold 64,274 shares of the firm’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $9.79, for a total transaction of $629,242.46. Following the completion of the sale, the chief operating officer owned 2,297,724 shares of the company’s stock, valued at $22,494,717.96. This trade represents a 2.72% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 1,211,859 shares of company stock valued at $12,649,951 over the last ninety days. 27.78% of the stock is owned by insiders.

Institutional Trading of Porch Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PRCH. Larson Financial Group LLC increased its stake in Porch Group by 444.8% in the 3rd quarter. Larson Financial Group LLC now owns 1,836 shares of the company’s stock worth $31,000 after buying an additional 1,499 shares during the period. Aster Capital Management DIFC Ltd boosted its position in Porch Group by 97.4% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 3,002 shares of the company’s stock valued at $27,000 after buying an additional 1,481 shares during the period. Kemnay Advisory Services Inc. purchased a new stake in Porch Group in the 4th quarter valued at about $38,000. State of Wyoming bought a new position in Porch Group in the 2nd quarter worth about $111,000. Finally, nVerses Capital LLC bought a new position in Porch Group in the 4th quarter worth about $102,000. 48.48% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently commented on PRCH. Benchmark increased their price target on Porch Group from $21.00 to $22.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $16.25 price objective (up from $13.00) on shares of Porch Group in a research note on Monday, July 13th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Porch Group in a report on Friday, May 22nd. Finally, Stephens assumed coverage on Porch Group in a research report on Monday, May 4th. They set an “overweight” rating and a $12.00 target price for the company. Six equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Porch Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $18.54.

Read Our Latest Stock Report on Porch Group

Porch Group Company Profile

(Get Free Report)

Porch Group, Inc operates a technology-driven home services platform designed to connect homeowners with professional contractors, maintenance providers and home improvement specialists. Through its online marketplace and proprietary software solutions, Porch enables users to research, compare and book services ranging from home repairs and remodeling to maintenance and renovations. The company’s platform integrates detailed provider profiles, customer reviews and real-time appointment scheduling to streamline the process of sourcing and managing home projects.

In addition to its core marketplace, Porch offers software products tailored for service professionals.

Further Reading

Earnings History for Porch Group (NASDAQ:PRCH)

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