Porch Group (NASDAQ:PRCH) Upgraded to “Outperform” at Keefe, Bruyette & Woods

Keefe, Bruyette & Woods upgraded shares of Porch Group (NASDAQ:PRCH) from a market perform rating to an outperform rating in a report released on Wednesday morning, MarketBeat reports. The brokerage currently has $10.50 price target on the stock, down from their previous price target of $13.00.

A number of other analysts have also recently weighed in on PRCH. Weiss Ratings reissued a “sell (d+)” rating on shares of Porch Group in a report on Monday, December 29th. Benchmark reaffirmed a “buy” rating on shares of Porch Group in a report on Friday, January 16th. Zacks Research lowered shares of Porch Group from a “hold” rating to a “strong sell” rating in a research note on Monday, January 19th. B. Riley Financial reissued a “buy” rating on shares of Porch Group in a report on Thursday, November 6th. Finally, Oppenheimer set a $20.00 price target on Porch Group in a research report on Thursday, November 6th. Eight analysts have rated the stock with a Buy rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $16.31.

Porch Group Trading Up 19.1%

Shares of NASDAQ PRCH traded up $1.45 during midday trading on Wednesday, hitting $9.04. The stock had a trading volume of 1,275,396 shares, compared to its average volume of 1,559,965. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 36.18. Porch Group has a 1-year low of $3.72 and a 1-year high of $19.44. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of 31.16 and a beta of 3.08. The company has a fifty day moving average price of $8.73 and a 200 day moving average price of $12.63.

Porch Group (NASDAQ:PRCH) last announced its earnings results on Wednesday, February 11th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.05. The business had revenue of $112.25 million for the quarter, compared to analyst estimates of $109.13 million. Porch Group had a negative return on equity of 51.86% and a net margin of 6.91%. On average, analysts predict that Porch Group will post -0.63 earnings per share for the current year.

Insider Activity at Porch Group

In related news, CFO Shawn Tabak sold 24,294 shares of Porch Group stock in a transaction on Monday, December 15th. The stock was sold at an average price of $9.66, for a total transaction of $234,680.04. Following the completion of the sale, the chief financial officer owned 118,130 shares of the company’s stock, valued at approximately $1,141,135.80. This trade represents a 17.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last 90 days, insiders have sold 57,216 shares of company stock worth $553,129. Insiders own 23.32% of the company’s stock.

Institutional Trading of Porch Group

Large investors have recently added to or reduced their stakes in the business. Invesco Ltd. lifted its stake in shares of Porch Group by 448.4% in the 3rd quarter. Invesco Ltd. now owns 3,795,064 shares of the company’s stock valued at $63,681,000 after purchasing an additional 3,103,018 shares during the last quarter. Divisadero Street Capital Management LP acquired a new stake in shares of Porch Group in the second quarter worth about $28,810,000. Marshall Wace LLP boosted its stake in shares of Porch Group by 55.2% during the 2nd quarter. Marshall Wace LLP now owns 3,341,484 shares of the company’s stock worth $39,396,000 after acquiring an additional 1,188,273 shares in the last quarter. Wellington Management Group LLP acquired a new position in shares of Porch Group during the 3rd quarter valued at about $12,747,000. Finally, Algert Global LLC raised its stake in shares of Porch Group by 2,254.1% in the 3rd quarter. Algert Global LLC now owns 759,664 shares of the company’s stock valued at $12,747,000 after acquiring an additional 727,394 shares in the last quarter. 48.48% of the stock is owned by institutional investors.

Key Porch Group News

Here are the key news stories impacting Porch Group this week:

• Positive Sentiment: Q4 results beat expectations — Porch reported revenue of $112.3M (above consensus ~$109M), a smaller-than-expected loss (EPS -$0.03 vs. est. -$0.08) and Adjusted EBITDA of $23.5M, signaling improving profitability. Business Wire Q4 Release
• Positive Sentiment: Analyst upgrade — Keefe, Bruyette & Woods moved PRCH from Market Perform to Outperform, which supports stronger investor sentiment and helped drive buying interest after the print. Upgrade Article
• Positive Sentiment: After‑hours rally — the combination of the earnings beat, positive adjusted EBITDA and the analyst upgrade triggered a sharp after‑hours move in the stock. What Sparked the Jump
• Neutral Sentiment: FY‑2026 revenue guidance set at $475M–$490M (consensus ~$485.4M) — the midpoint is slightly below street expectations, leaving room for mixed reactions depending on execution and margin commentary. (Guidance disclosed by the company.)
• Neutral Sentiment: Full disclosure and materials available — the company filed its press release, slide deck and earnings call transcript (useful for parsing forward commentary on margins, the Porch Reciprocal Exchange, and unit economics). Earnings Transcript Seeking Alpha Transcript
• Negative Sentiment: Price target cut despite upgrade — the upgrade to Outperform came with a lower price target (from $13.00 to $10.50), tempering some upside and signaling analyst caution on longer‑term valuation. Benzinga Coverage
• Negative Sentiment: Fundamental risks remain — Porch still shows legacy profitability and balance‑sheet metrics investors watch (e.g., past negative ROE and leverage), so continued execution against guidance and growth targets will be key to sustaining the rally.

Porch Group Company Profile

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.