Procore Technologies (NYSE:PCOR) Stock Price Target Raised at Cantor Fitzgerald

Procore Technologies (NYSE:PCOR) had its price target lifted by Cantor Fitzgerald from $70.00 to $90.00 in a research note issued on Thursday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Cantor Fitzgerald‘s price objective indicates a potential upside of 19.02% from the company’s previous close.

A number of other analysts also recently commented on the company. TD Cowen raised their price objective on Procore Technologies from $65.00 to $70.00 and gave the stock a “buy” rating in a research report on Monday. Truist Financial set a $91.00 price target on Procore Technologies in a report on Thursday. Zacks Research lowered Procore Technologies from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 2nd. Guggenheim began coverage on Procore Technologies in a research note on Thursday, July 23rd. They issued a “buy” rating and a $68.00 price target on the stock. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Procore Technologies from $69.00 to $74.00 and gave the company an “overweight” rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $76.19.

Procore Technologies Stock Up 19.7%

Shares of PCOR stock opened at $75.62 on Thursday. Procore Technologies has a 12 month low of $38.03 and a 12 month high of $82.32. The business’s 50 day moving average is $56.99 and its two-hundred day moving average is $53.40. The company has a market cap of $11.49 billion, a PE ratio of -328.75 and a beta of 0.75.

Procore Technologies (NYSE:PCOR) last released its earnings results on Tuesday, November 3rd. The company reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.05. The firm had revenue of $402.31 million during the quarter, compared to analyst estimates of $384.38 million. Procore Technologies had a negative net margin of 2.31% and a positive return on equity of 2.59%. The business’s revenue was up 18.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.42 EPS. As a group, equities analysts expect that Procore Technologies will post 0.41 EPS for the current fiscal year.

Insider Activity

In other Procore Technologies news, Chairman Craig F. Jr. Courtemanche sold 56,122 shares of Procore Technologies stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $53.48, for a total transaction of $3,001,404.56. Following the completion of the transaction, the chairman directly owned 908,316 shares of the company’s stock, valued at $48,576,739.68. The trade was a 5.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Connor Kevin J. O sold 7,692 shares of the company’s stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $54.53, for a total transaction of $419,444.76. Following the completion of the transaction, the director owned 900,594 shares in the company, valued at approximately $49,109,390.82. This trade represents a 0.85% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 206,885 shares of company stock valued at $11,601,918. Corporate insiders own 16.80% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Strs Ohio boosted its holdings in Procore Technologies by 9.1% in the 1st quarter. Strs Ohio now owns 2,996 shares of the company’s stock valued at $171,000 after purchasing an additional 251 shares during the period. Parallel Advisors LLC lifted its stake in Procore Technologies by 10.3% during the third quarter. Parallel Advisors LLC now owns 5,264 shares of the company’s stock worth $272,000 after purchasing an additional 492 shares during the last quarter. Versant Capital Management Inc boosted its stake in Procore Technologies by 50.3% in the second quarter. Versant Capital Management Inc now owns 1,581 shares of the company’s stock valued at $64,000 after buying an additional 529 shares in the last quarter. Meeder Advisory Services Inc. grew its holdings in shares of Procore Technologies by 23.2% during the 1st quarter. Meeder Advisory Services Inc. now owns 3,756 shares of the company’s stock valued at $214,000 after purchasing an additional 708 shares during the last quarter. Finally, Assetmark Inc. increased its holdings in shares of Procore Technologies by 0.6% during the first quarter. Assetmark Inc. now owns 129,017 shares of the company’s stock worth $7,354,000 after buying an additional 778 shares in the last quarter. Institutional investors own 81.10% of the company’s stock.

More Procore Technologies News

Here are the key news stories impacting Procore Technologies this week:

• Positive Sentiment: Procore reported Q3 adjusted earnings of $0.51 per share, above estimates of about $0.45–$0.46, and revenue of $402.3 million versus expectations near $384 million. Revenue grew 18.7% year over year, and management said revenue and margins exceeded the high end of its guidance. Procore AI’s digital coworkers also became generally available. Procore Q3 2026 results
• Positive Sentiment: Loop Capital upgraded PCOR from Hold to Buy and set a $93 price target. Stifel raised its target to $85, while BTIG lifted its target to $90, reinforcing a generally more constructive analyst outlook. Loop Capital rating Stifel price target BTIG price target
• Neutral Sentiment: JPMorgan raised its price target from $69 to $74 and maintained an Overweight rating, though the new target was below the $75.62 reference price in the report. JPMorgan rating
• Neutral Sentiment: A director sold 7,692 shares under a pre-arranged Rule 10b5-1 plan, reducing his position by 0.85%; he retained more than 900,000 shares. The planned nature and small size of the sale may limit its significance. Director stock sale

Procore Technologies Company Profile

Procore Technologies, Inc provides cloud-based construction management software through its Procore platform. The company’s technology is designed to connect owners, general and specialty contractors, architects, engineers and other construction professionals throughout the project lifecycle.

Procore’s products and services support preconstruction planning, project management, financial management, quality and safety programs, workforce management, construction intelligence and collaboration.