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

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

Several other equities research analysts have also recently issued reports on the stock. Truist Financial set a $91.00 price objective on shares of Procore Technologies in a research report on Thursday. TD Cowen raised their price target on Procore Technologies from $65.00 to $70.00 and gave the company a “buy” rating in a research note on Monday. UBS Group raised their price target on Procore Technologies from $68.00 to $75.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Zacks Research downgraded Procore Technologies from a “strong-buy” rating to a “hold” rating in a report on Friday, October 2nd. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Procore Technologies in a research report on Monday, October 26th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $77.14.

Procore Technologies Stock Up 1.7%

Shares of NYSE:PCOR opened at $76.88 on Thursday. The firm’s 50 day moving average price is $56.99 and its 200 day moving average price is $53.40. The stock has a market cap of $11.68 billion, a price-to-earnings ratio of -336.39 and a beta of 0.75. Procore Technologies has a fifty-two week low of $38.03 and a fifty-two week high of $82.32.

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

Insiders Place Their Bets

In other Procore Technologies news, Chairman Craig F. Jr. Courtemanche sold 56,122 shares of the company’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $53.48, for a total value of $3,001,404.56. Following the completion of the transaction, the chairman owned 908,316 shares in the company, valued at $48,576,739.68. This represents a 5.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Connor Kevin J. O sold 7,692 shares of the firm’s stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $54.53, for a total value of $419,444.76. Following the transaction, the director directly owned 900,594 shares in the company, valued at approximately $49,109,390.82. The trade was a 0.85% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 206,885 shares of company stock worth $11,601,918. 16.80% of the stock is currently owned by company insiders.

Institutional Trading of Procore Technologies

Institutional investors and hedge funds have recently made changes to their positions in the company. Twin Tree Management LP purchased a new stake in shares of Procore Technologies during the second quarter worth approximately $40,000. Global Retirement Partners LLC acquired a new stake in shares of Procore Technologies during the second quarter worth $52,000. Versant Capital Management Inc grew 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 buying an additional 529 shares during the last quarter. Canton Hathaway LLC purchased a new position in Procore Technologies in the 3rd quarter valued at $69,000. Finally, Pinnacle Wealth Planning Services Inc. grew its position in Procore Technologies by 586.7% in the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 2,218 shares of the company’s stock valued at $115,000 after buying an additional 1,895 shares during the last quarter. 81.10% of the stock is owned by hedge funds and other institutional investors.

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

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.