While Procore Technologies Inc has overperformed by 4.50%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, PCOR fell by -10.75%, with highs and lows ranging from $88.92 to $49.46, whereas the simple moving average fell by -7.98% in the last 200 days.
On April 23, 2025, BMO Capital Markets Reiterated Procore Technologies Inc (NYSE: PCOR) to Outperform. A report published by Jefferies on January 06, 2025, Upgraded its rating to ‘Buy’ for PCOR. UBS also rated PCOR shares as ‘Buy’, setting a target price of $105 on the company’s shares in an initiating report dated December 02, 2024. BMO Capital Markets Reiterated the rating as Outperform on November 22, 2024, but set its price target from $71 to $85. Robert W. Baird initiated its ‘Outperform’ rating for PCOR, as published in its report on September 24, 2024. DA Davidson’s report from August 02, 2024 suggests a price prediction of $60 for PCOR shares, giving the stock a ‘Neutral’ rating. Barclays also rated the stock as ‘Equal Weight’.
Analysis of Procore Technologies Inc (PCOR)
Further, the quarter-over-quarter increase in sales is 16.15%, showing a positive trend in the upcoming months.
One of the most important indicators of Procore Technologies Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of -8.67% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.51, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and PCOR is recording 1.55M average volume. On a monthly basis, the volatility of the stock is set at 6.11%, whereas on a weekly basis, it is put at 4.32%, with a gain of 5.23% over the past seven days. Furthermore, long-term investors anticipate a median target price of $80.17, showing growth from the present price of $62.99, which can serve as yet another indication of whether PCOR is worth investing in or should be passed over.
How Do You Analyze Procore Technologies Inc Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 26.11%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 76.24% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
PCOR shares are owned by institutional investors to the tune of 76.24% at present.
