Procore Technologies (NYSE:PCOR) Upgraded at Loop Capital

Procore Technologies (NYSE:PCOR) was upgraded by stock analysts at Loop Capital from a “hold” rating to a “buy” rating in a report issued on Thursday, Marketbeat.com reports. The firm currently has a $93.00 price target on the stock. Loop Capital‘s price objective would suggest a potential upside of 22.99% from the stock’s current price.

Several other equities research analysts have also weighed in on the company. BMO Capital Markets raised their target price on Procore Technologies from $56.00 to $67.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. Cantor Fitzgerald upped their price target on Procore Technologies from $65.00 to $70.00 and gave the company an “overweight” rating in a report on Friday, October 16th. Weiss Ratings upgraded shares of Procore Technologies from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, October 23rd. DA Davidson set a $56.00 price target on shares of Procore Technologies in a research note on Monday, September 28th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Procore Technologies from $69.00 to $74.00 and gave the stock an “overweight” rating in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $73.05.

Procore Technologies Price Performance

Procore Technologies stock opened at $75.62 on Thursday. The stock has a market cap of $11.49 billion, a PE ratio of -328.75 and a beta of 0.75. The stock’s fifty day moving average is $56.99 and its two-hundred day moving average is $53.40. Procore Technologies has a 1-year low of $38.03 and a 1-year high of $82.32.

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

Insider Transactions at Procore Technologies

In other Procore Technologies news, Director Elisa Steele sold 1,500 shares of Procore Technologies stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $63.00, for a total transaction of $94,500.00. Following the transaction, the director owned 58,371 shares of the company’s stock, valued at $3,677,373. The trade was a 2.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Craig F. Jr. Courtemanche sold 56,122 shares of Procore Technologies stock in a transaction that occurred on Monday, October 12th. The stock was sold at an average price of $56.19, for a total value of $3,153,495.18. Following the transaction, the chairman directly owned 908,316 shares in the company, valued at approximately $51,038,276.04. This trade represents a 5.82% 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. Over the last quarter, insiders sold 206,885 shares of company stock worth $11,601,918. Insiders own 16.80% of the company’s stock.

Institutional Investors Weigh In On Procore Technologies

Several large investors have recently modified their holdings of PCOR. Strs Ohio grew its position in shares of Procore Technologies by 9.1% during the first quarter. Strs Ohio now owns 2,996 shares of the company’s stock worth $171,000 after acquiring an additional 251 shares during the last quarter. Parallel Advisors LLC increased its holdings in shares of Procore Technologies by 10.3% in the 3rd quarter. Parallel Advisors LLC now owns 5,264 shares of the company’s stock valued at $272,000 after acquiring an additional 492 shares during the period. Versant Capital Management Inc raised its position in Procore Technologies by 50.3% in the 2nd quarter. Versant Capital Management Inc now owns 1,581 shares of the company’s stock valued at $64,000 after purchasing an additional 529 shares during the last quarter. Meeder Advisory Services Inc. raised its position in Procore Technologies by 23.2% in 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. raised its position in Procore Technologies by 0.6% in the 1st quarter. Assetmark Inc. now owns 129,017 shares of the company’s stock valued at $7,354,000 after purchasing an additional 778 shares during the last quarter. 81.10% of the stock is owned by institutional investors and hedge funds.

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 analyst estimates of roughly $0.45–$0.46, while revenue of $402.3 million exceeded expectations of about $384 million and increased 18.7% year over year. Management said revenue and margins came in above the high end of guidance. Procore Q3 2026 results
• Positive Sentiment: The company said Procore AI’s “digital coworkers” became generally available, adding a product-development catalyst alongside the earnings beat. Procore Q3 2026 results
• Neutral Sentiment: JPMorgan raised its price target from $69 to $74 and maintained an Overweight rating. The new target is below the share price cited in the report, tempering the upgrade’s near-term upside signal. JPMorgan price target update
• Neutral Sentiment: Commentary on valuation was mixed: one analysis described the stock as close to fair value based on cash flow, while another estimated potential undervaluation. These are model-based assessments rather than company announcements. Procore valuation analysis

About Procore Technologies

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.