Citizens Jmp Forecasts Strong Price Appreciation for Procore Technologies (NYSE:PCOR) Stock

Procore Technologies (NYSE:PCOR) had its price target upped by investment analysts at Citizens Jmp from $77.00 to $91.00 in a note issued to investors on Thursday, Benzinga reports. The firm currently has a “market outperform” rating on the stock. Citizens Jmp‘s price target suggests a potential upside of 18.37% from the stock’s previous close.

A number of other analysts also recently weighed in on PCOR. Weiss Ratings upgraded Procore Technologies from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, October 23rd. Piper Sandler increased their price objective on Procore Technologies from $68.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday. DA Davidson set a $56.00 target price on Procore Technologies in a report on Monday, September 28th. Jefferies Financial Group decreased their target price on shares of Procore Technologies from $95.00 to $75.00 and set a “buy” rating on the stock in a research report on Tuesday, July 21st. Finally, Zacks Research cut shares of Procore Technologies from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $77.14.

Procore Technologies Stock Up 1.7%

NYSE PCOR opened at $76.88 on Thursday. The stock has a market capitalization of $11.68 billion, a P/E ratio of -336.39 and a beta of 0.75. Procore Technologies has a 52-week low of $38.03 and a 52-week high of $82.32. The firm has a 50-day moving average price of $56.99 and a 200 day moving average price of $53.40.

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

Insiders Place Their Bets

In other Procore Technologies news, Director Kevin O’Connor sold 7,692 shares of the firm’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 directly 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Craig Courtemanche, Jr. sold 56,122 shares of the stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $56.19, for a total transaction of $3,153,495.18. Following the completion of the sale, the chairman owned 908,316 shares in the company, valued at $51,038,276.04. This represents a 5.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 206,885 shares of company stock worth $11,601,918. 16.80% of the stock is owned by company insiders.

Institutional Trading of Procore Technologies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Keybank National Association OH grew its stake in shares of Procore Technologies by 39.0% during the 3rd quarter. Keybank National Association OH now owns 12,334 shares of the company’s stock valued at $638,000 after buying an additional 3,459 shares during the period. New York Life Investment Management LLC increased its holdings in shares of Procore Technologies by 26.7% during the 3rd quarter. New York Life Investment Management LLC now owns 17,293 shares of the company’s stock worth $894,000 after buying an additional 3,640 shares during the last quarter. AlphaCore Capital LLC purchased a new position in shares of Procore Technologies in the 3rd quarter worth $237,000. Fulcrum Asset Management LLP raised its position in shares of Procore Technologies by 933.8% in the 3rd quarter. Fulcrum Asset Management LLP now owns 8,064 shares of the company’s stock worth $399,000 after buying an additional 7,284 shares during the period. Finally, Pictet Asset Management Holding SA raised its position in shares of Procore Technologies by 4.4% in the 3rd quarter. Pictet Asset Management Holding SA now owns 18,685 shares of the company’s stock worth $966,000 after buying an additional 785 shares during the period. Hedge funds and other 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, beating 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 Q3 2026 results
• Positive Sentiment: Analyst actions added momentum: Loop Capital upgraded PCOR from Hold to Buy with a $93 target. Piper Sandler and Cantor Fitzgerald raised their targets to $90 and maintained Overweight ratings; BTIG also raised its target to $90 and kept a Buy rating. Stifel lifted its target to $85. Loop Capital rating Piper Sandler rating BTIG rating
• Positive Sentiment: Procore said its AI “digital coworkers” became generally available, offering a potential product-growth catalyst alongside the strong results. Procore Q3 2026 results
• Neutral Sentiment: JPMorgan raised its price target from $69 to $74 but retained an Overweight rating; that target is below the $75.62 share price cited in the reports, making its revision less bullish than the other recent targets. JPMorgan price target update
• Negative Sentiment: A director sold 7,692 shares for about $419,000. The sale reduced his holdings by 0.85% and was made under a pre-arranged Rule 10b5-1 trading plan, which may lessen its significance as a bearish signal. 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.