PCOR - Procore Technologies, Inc. Stock Price, Fair Value and News

71.11USD-0.62 (-0.86%)Market Closed

Market Summary

USD71.11-0.62

Market Closed

-0.86%

PCOR Alerts

4 major insider sales recently.

PCOR Stock Price

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PCOR RSI Chart

PCOR Valuation

Market Cap

10.4B

Price/Earnings (Trailing)

-54.79

Price/Sales (Trailing)

10.94

EV/EBITDA

-87.4

Price/Free Cashflow

127.23

PCOR Price/Sales (Trailing)

PCOR Profitability

Operating Margin

81.64%

EBT Margin

-19.83%

Return on Equity

-16.42%

Return on Assets

-10.02%

Free Cashflow Yield

0.79%

PCOR Fundamentals

PCOR Revenue

Revenue (TTM)

950.0M

Rev. Growth (Yr)

28.7%

Rev. Growth (Qtr)

4.89%

PCOR Earnings

Earnings (TTM)

-189.7M

Earnings Growth (Yr)

58.53%

Earnings Growth (Qtr)

32.68%

Breaking Down PCOR Revenue

Last 7 days

-1.7%

Last 30 days

-12.4%

Last 90 days

1.0%

Trailing 12 Months

31.9%

How does PCOR drawdown profile look like?

PCOR Financial Health

Current Ratio

1.49

PCOR Investor Care

Shares Dilution (1Y)

3.97%

Diluted EPS (TTM)

-1.34

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	774.2M	830.5M	892.0M	950.0M
2022	560.4M	609.8M	664.3M	720.2M
2021	421.9M	448.1M	478.2M	514.8M
2020	0	326.2M	363.3M	400.3M
2019	0	0	0	289.2M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Procore Technologies, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 04, 2024	o connor kevin j	sold	-507,672	79.2	-6,410	-
Apr 03, 2024	o connor kevin j	sold	-500,557	78.09	-6,410	-
Apr 02, 2024	o connor kevin j	sold	-494,390	77.128	-6,410	-
Apr 01, 2024	singer benjamin c	sold	-246,450	82.15	-3,000	chief legal officer; secretary
Apr 01, 2024	courtemanche craig f. jr.	sold	-5,528,360	81.2994	-68,000	ceo & president
Mar 29, 2024	davis steven scott	acquired	-	-	59,514	president product & technology
Mar 29, 2024	singer benjamin c	acquired	-	-	34,456	chief legal officer; secretary
Mar 29, 2024	durling joy driscoll	acquired	-	-	22,553	chief data officer
Mar 29, 2024	courtemanche craig f. jr.	acquired	-	-	140,954	ceo & president
Mar 29, 2024	fu howard	acquired	-	-	56,382	cfo & treasurer

Which funds bought or sold PCOR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	REGIONS FINANCIAL CORP	added	13.06	77,593	304,358	-%
Apr 22, 2024	MetLife Investment Management, LLC	added	0.02	18,879	333,917	-%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	reduced	-0.21	589,731	3,784,090	-%
Apr 19, 2024	Maryland State Retirement & Pension System	unchanged	-	17,800	447,102	0.01%
Apr 19, 2024	Westside Investment Management, Inc.	unchanged	-	422	3,052	-%
Apr 19, 2024	SIMON QUICK ADVISORS, LLC	reduced	-12.9	99,785	3,040,040	0.23%
Apr 19, 2024	NORDEN GROUP LLC	new	-	1,269,040	1,269,040	0.01%
Apr 19, 2024	Taylor Frigon Capital Management LLC	reduced	-18.37	-141,216	4,409,650	2.10%
Apr 19, 2024	Handelsinvest Investeringsforvaltning	reduced	-34.17	-88,000	315,000	0.15%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	added	85.77	34,413,100	62,966,100	0.10%

Are Funds Buying or Selling PCOR?

Are funds buying PCOR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PCOR

No. of Funds

PCOR Alerts

4 major insider sales recently.

Unveiling Procore Technologies, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	bessemer venture partners viii l.p.	1.0%	1,415,977	SC 13G/A
Feb 14, 2024	courtemanche craig f. jr.	4.67%	6,843,022	SC 13G/A
Feb 14, 2024	iconiq strategic partners ii, l.p.	4.0%	5,762,920	SC 13G/A
Feb 14, 2024	price t rowe associates inc /md/	6.3%	9,064,904	SC 13G
Feb 13, 2024	vanguard group inc	6.41%	9,204,957	SC 13G
Feb 14, 2023	tiger global management llc	0.0%	0	SC 13G/A
Feb 14, 2023	bessemer venture partners viii l.p.	2.7%	3,673,260	SC 13G/A
Feb 14, 2023	iconiq strategic partners ii, l.p.	8.1%	11,225,164	SC 13G/A
Feb 14, 2023	courtemanche craig f. jr.	5.22%	7,344,117	SC 13G/A
Feb 14, 2023	price t rowe associates inc /md/	6.6%	9,174,940	SC 13G

Recent SEC filings of Procore Technologies, Inc.

View All Filings

Date Filed	Form Type	Document
Apr 22, 2024	144	Notice of Insider Sale Intent
Apr 04, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 01, 2024	144	Notice of Insider Sale Intent
Apr 01, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to Procore Technologies, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CRM	268.4B	34.9B	-10.10%	41.95%	64.89	7.7	11.18%	1888.46%
UBER	147.0B	37.3B	-11.78%	130.70%	77.89	3.94	16.95%	120.64%
ADSK	46.6B	5.3B	-17.10%	11.27%	50.83	8.72	9.15%	48.14%
ANSS	28.4B	2.3B	-6.66%	0.93%	56.68	12.5	9.90%	-4.45%
ZM	18.5B	4.5B	-6.58%	-6.35%	29.07	4.09	3.06%	514.65%
MID-CAP
APPF	7.8B	620.4M	-6.00%	66.36%	2.9K	12.6	31.48%	103.97%
LYFT	6.5B	4.4B	-16.12%	65.46%	-19.15	1.48	7.53%	78.52%
AYX	3.4B	970.0M	0.90%	-15.87%	-19.13	3.53	13.46%	43.89%
ALRM	3.3B	881.7M	-9.37%	37.90%	41.12	3.75	4.64%	44.42%
AI	2.7B	296.4M	-19.70%	25.15%	-9.91	9.08	11.14%	-3.59%
AGYS	2.3B	228.1M	6.66%	0.58%	26.28	10.06	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	0.63%	-1.64%	92.02	2.88	-1.65%	-71.35%
APPS	197.9M	572.4M	-23.83%	-84.12%	-1	0.35	-19.38%	-489.49%
ASUR	179.5M	119.1M	-13.74%	-50.91%	-19.48	1.51	24.27%	36.31%
AEYE	157.7M	31.3M	26.21%	106.70%	-26.85	5.03	4.69%	43.72%

Procore Technologies, Inc. News

Latest updates

Procore Technologies, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2019Q4
Revenue	4.9%	260,041	247,907	228,536	213,526	202,053	186,429	172,205	159,516	146,103	131,990	122,790	113,938	109,510	101,891	96,553	-
Cost Of Revenue	8.4%	47,831	44,125	42,304	40,202	40,570	37,779	36,735	33,332	29,767	22,693	25,493	20,359	19,074	18,063	17,069	-
Gross Profit	4.1%	212,210	203,782	186,232	173,324	161,483	148,650	135,470	126,184	116,336	109,297	97,297	93,579	90,436	83,828	79,484	-
Operating Expenses	-1.8%	249,544	254,133	244,961	242,587	236,685	220,463	207,772	197,321	190,786	158,854	246,359	106,437	112,023	100,234	82,623	-
S&GA Expenses	-5.5%	122,511	129,672	125,362	117,363	118,170	109,608	103,283	93,915	84,285	70,356	99,905	53,965	50,922	47,410	42,638	-
R&D Expenses	2.6%	74,611	72,708	73,216	80,036	75,413	71,493	63,822	60,254	60,671	53,447	88,627	34,545	35,406	34,504	26,518	-
EBITDA Margin	32.8%	-0.12*	-0.18*	-0.23*	-0.27*	-0.31*	-0.34*	-0.35*	-0.54*	-0.49*	-0.48*	-0.44*	-0.15*	-0.17*	-0.18*	-	-
Interest Expenses	-2.0%	480	490	491	496	499	504	567	565	594	572	576	562	860	573	538	-
Income Taxes	237.8%	676	200	322	100	-209	300	42.00	300	-23,946	11.00	37.00	129	-1,461	224	200	-
Earnings Before Taxes	34.0%	-28,819	-43,654	-52,559	-63,389	-71,427	-70,872	-73,081	-71,085	-74,907	-50,731	-149,682	-13,603	-48,892	-15,729	-13,541	-
EBT Margin	23.4%	-0.20*	-0.26*	-0.31*	-0.36*	-0.40*	-0.44*	-0.44*	-0.62*	-0.56*	-0.55*	-0.51*	-0.22*	-0.24*	-0.22*	-	-
Net Income	32.7%	-29,519	-43,847	-52,881	-63,447	-71,184	-71,205	-73,123	-71,419	-50,972	-50,742	-149,719	-13,732	-47,431	-15,953	-13,749	-
Net Income Margin	23.0%	-0.20*	-0.26*	-0.31*	-0.36*	-0.40*	-0.40*	-0.40*	-0.58*	-0.52*	-0.55*	-0.51*	-0.22*	-0.24*	-0.22*	-	-
Free Cashflow	27.1%	38,491	30,295	-14,198	27,102	20,580	2,350	-28,863	2,759	-7,553	10,927	-4,930	25,903	11,297	9,625	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet												(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2020Q4
Assets	6.2%	1,894	1,783	1,726	1,711	1,740	1,677	1,662	1,672	1,691	1,541	1,518	821
Current Assets	13.5%	956	842	798	775	799	735	716	726	752	1,186	1,166	488
Cash Equivalents	12.4%	358	318	313	329	297	265	563	587	586	1,072	1,061	380
Net PPE	-3.0%	36.00	37.00	37.00	38.00	39.00	41.00	41.00	40.00	37.00	33.00	31.00	30.00
Goodwill	0.0%	539	539	539	539	539	539	540	540	541	137	137	126
Liabilities	11.9%	738	659	610	607	624	553	516	508	501	419	391	365
Current Liabilities	14.4%	642	562	520	515	532	459	419	409	404	317	288	262
Shareholder's Equity	2.8%	1,156	1,124	1,116	1,104	1,117	1,124	1,146	1,164	1,189	1,122	1,127	-272
Retained Earnings	-2.7%	-1,138	-1,109	-1,065	-1,012	-949	-877	-806	-733	-662	-611	-560	-397
Additional Paid-In Capital	2.7%	2,296	2,235	2,184	2,119	2,068	2,005	1,954	1,898	1,852	1,733	1,687	125
Shares Outstanding	0.9%	145	143	142	140	139	137	135	135	93.00	79.00	74.00	28.00
Float	-	-	-	5,752	-	-	-	3,119	-	-	-	4,043	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2019Q4
Cashflow From Operations	21.0%	41.00	34.00	-11.68	29.00	23.00	7.00	-26.95	10.00	-3.57	15.00	-3.13	28.00	12.00	11.00	-	-
Share Based Compensation	-4.9%	43.00	45.00	42.00	45.00	47.00	45.00	34.00	37.00	41.00	38.00	137	10.00	22.00	10.00	-	-
Cashflow From Investing	43.4%	-17.52	-30.94	-27.52	-0.08	-1.83	-308	-14.21	-16.19	-499	-8.68	-28.76	-4.59	-14.06	-3.88	-	-
Cashflow From Financing	299.3%	15.00	4.00	20.00	3.00	9.00	4.00	18.00	7.00	17.00	5.00	679	11.00	80.00	15.00	-	-

PCOR Income Statement

2023-12-31

Consolidated Statements of Operations and Comprehensive Loss - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Statement of Comprehensive Income [Abstract]
Revenue	$ 950,010	$ 720,203	$ 514,821
Cost of revenue	174,462	148,416	98,312
Gross profit	775,548	571,787	416,509
Operating expenses
Sales and marketing	494,908	424,976	308,511
Research and development	300,571	270,982	237,290
General and administrative	195,746	166,283	156,635
Total operating expenses	991,225	862,241	702,436
Loss from operations	(215,677)	(290,454)	(285,927)
Interest income	19,779	5,826	175
Interest expense	(1,957)	(2,135)	(2,328)
Accretion income, net	9,794	2,035	0
Other expense, net	(360)	(1,737)	(843)
Loss before provision for (benefit from) income taxes	(188,421)	(286,465)	(288,923)
Provision for (benefit from) income taxes	1,273	466	(23,758)
Net loss	$ (189,694)	$ (286,931)	$ (265,165)
Net loss per share attributable to common stockholders, diluted (in dollars per share)	$ (1.34)	$ (2.10)	$ (2.86)
Net loss per share attributable to common stockholders, basic (in dollars per share)	$ (1.34)	$ (2.10)	$ (2.86)
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic (in shares)	141,961,467	136,525,728	92,673,453
Weighted-average shares used in computing net loss per share attributable to common stockholders, diluted (in shares)	141,961,467	136,525,728	92,673,453
Other comprehensive income (loss)
Foreign currency translation adjustment, net of tax	$ 437	$ (1,355)	$ (770)
Unrealized income (loss) on available-for-sale debt and marketable securities, net of tax	504	(378)	0
Total other comprehensive income (loss)	941	(1,733)	(770)
Comprehensive loss	$ (188,753)	$ (288,664)	$ (265,935)

PCOR Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 357,790	$ 296,712
Marketable securities (amortized cost of $320,166 and $286,001 at December 31, 2023 and 2022, respectively)	320,161	285,493
Accounts receivable, net of allowance for credit losses of $4,791 and $4,113 at December 31, 2023 and 2022, respectively	206,644	148,683
Contract cost asset, current	28,718	23,600
Prepaid expenses and other current assets	42,421	44,731
Total current assets	955,734	799,219
Capitalized software development costs, net	83,045	58,577
Property and equipment, net	36,258	39,193
Right of use assets - finance leases	34,375	37,026
Right of use assets - operating leases	44,141	41,934
Contract cost asset, non-current	44,564	40,477
Intangible assets, net	137,546	162,953
Goodwill	539,354	539,128
Other assets	18,551	21,903
Total assets	1,893,568	1,740,410
Current liabilities
Accounts payable	13,177	14,282
Accrued expenses	100,075	99,182
Deferred revenue, current	501,903	396,535
Other current liabilities	27,275	21,639
Total current liabilities	642,430	531,638
Deferred revenue, non-current	7,692	5,278
Finance lease liabilities, non-current	43,581	45,578
Operating lease liabilities, non-current	37,923	38,087
Other liabilities, non-current	6,332	3,049
Total liabilities	737,958	623,630
Commitments and contingencies (Note 11)
Stockholders’ equity
Preferred stock, $0.0001 par value, 100,000,000 shares authorized at December 31, 2023 and 2022; 0 shares issued and outstanding at December 31, 2023 and 2022.	0	0
Common stock, 0.0001 par value, 1,000,000,000 shares authorized at December 31, 2023 and 2022; 144,806,464 and 139,159,534 shares issued and outstanding at December 31, 2023 and 2022, respectively.	15	14
Additional paid-in capital	2,295,807	2,068,225
Accumulated other comprehensive loss	(1,375)	(2,316)
Accumulated deficit	(1,138,837)	(949,143)
Total stockholders’ equity	1,155,610	1,116,780
Total liabilities and stockholders’ equity	$ 1,893,568	$ 1,740,410

About Procore Technologies, Inc.

Procore Technologies, Inc. provides 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 Management, 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. The company also provides workforce management that helps contractors to schedule, track, and forecast labor productivity, enhance time management, communication with workforces, and manage profitability on construction projects; and Financial Management, which provides customers with visibility into the financial health of their individual construction projects and portfolios, as well as facilitates untethered access to financial data, linking the field, and the office in real-time. It serves owners, general contractors, and specialty contractors operating in the commercial, residential, industrial, and infrastructure segments of the construction industry. The company allow users to access its products on computers, smartphones, and tablets through any web browser or from its mobile application available for iOS and Android platforms through its direct sales team. Procore Technologies, Inc. was incorporated in 2002 and is headquartered in Carpinteria, California.

CEO	Mr. Craig F. Courtemanche Jr.
WEBSITE	procore.com
INDUSTRY	Software - Apps
EMPLOYEES	3568

Procore Technologies, Inc. Frequently Asked Questions

What is the ticker symbol for Procore Technologies, Inc.? What does PCOR stand for in stocks?

PCOR is the stock ticker symbol of Procore Technologies, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Procore Technologies, Inc. (PCOR)?

As of Tue Apr 23 2024, market cap of Procore Technologies, Inc. is 10.39 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PCOR stock?

You can check PCOR's fair value in chart for subscribers.

What is the fair value of PCOR stock?

You can check PCOR's fair value in chart for subscribers. The fair value of Procore Technologies, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Procore Technologies, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PCOR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Procore Technologies, Inc. a good stock to buy?

The fair value guage provides a quick view whether PCOR is over valued or under valued. Whether Procore Technologies, Inc. is cheap or expensive depends on the assumptions which impact Procore Technologies, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PCOR.

What is Procore Technologies, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, PCOR's PE ratio (Price to Earnings) is -54.79 and Price to Sales (PS) ratio is 10.94. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PCOR PE ratio will change depending on the future growth rate expectations of investors.