Q3 Earnings Forecast for PCOR Issued By DA Davidson

Key Points

• DA Davidson has projected Procore Technologies will report a Q3 2025 earnings per share of ($0.02) and maintains a "Neutral" rating with a price target of $70.00.
• Several analysts have increased their price targets for Procore, with Stifel Nicolaus raising to $80.00 and KeyCorp to $81.00, while JMP Securities set a target of $95.00.
• Procore Technologies' stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $83.06, with institutional investors controlling 81.10% of the shares.

Procore Technologies, Inc. (NYSE:PCOR - Free Report) - Stock analysts at DA Davidson issued their Q3 2025 earnings per share estimates for shares of Procore Technologies in a research note issued to investors on Monday, August 4th. DA Davidson analyst G. Luria forecasts that the company will post earnings per share of ($0.02) for the quarter. DA Davidson has a "Neutral" rating and a $70.00 price objective on the stock. The consensus estimate for Procore Technologies' current full-year earnings is ($0.15) per share.

Procore Technologies (NYSE:PCOR - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.35 EPS for the quarter, beating analysts' consensus estimates of $0.24 by $0.11. Procore Technologies had a negative return on equity of 7.66% and a negative net margin of 11.58%. The firm had revenue of $323.92 million for the quarter, compared to analyst estimates of $311.91 million. During the same quarter in the previous year, the company posted $0.39 EPS. The business's revenue was up 13.9% on a year-over-year basis.

A number of other research analysts also recently issued reports on PCOR. BMO Capital Markets boosted their price objective on Procore Technologies from $75.00 to $82.00 and gave the company an "outperform" rating in a research note on Friday, August 1st. Stifel Nicolaus upped their price target on Procore Technologies from $75.00 to $80.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Citizens Jmp downgraded Procore Technologies from an "outperform" rating to a "market perform" rating in a research note on Friday, August 1st. Arete began coverage on Procore Technologies in a research note on Monday, June 16th. They set a "buy" rating and a $91.00 price target on the stock. Finally, Piper Sandler upped their price target on Procore Technologies from $75.00 to $82.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. Six investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $83.06.

Procore Technologies Trading Down 3.0%

Shares of NYSE PCOR traded down $1.94 during trading on Tuesday, reaching $62.39. The company had a trading volume of 1,860,498 shares, compared to its average volume of 2,278,791. The company's fifty day moving average price is $69.27 and its 200-day moving average price is $69.78. Procore Technologies has a 12 month low of $52.60 and a 12 month high of $88.92. The stock has a market cap of $9.37 billion, a P/E ratio of -64.99 and a beta of 0.90. The company has a quick ratio of 1.19, a current ratio of 1.29 and a debt-to-equity ratio of 0.02.

Hedge Funds Weigh In On Procore Technologies

Several institutional investors and hedge funds have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its position in shares of Procore Technologies by 277.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 524 shares of the company's stock worth $35,000 after buying an additional 385 shares in the last quarter. Huntington National Bank raised its position in shares of Procore Technologies by 161.6% in the fourth quarter. Huntington National Bank now owns 654 shares of the company's stock worth $49,000 after buying an additional 404 shares in the last quarter. SVB Wealth LLC purchased a new stake in shares of Procore Technologies in the first quarter worth $49,000. Aster Capital Management DIFC Ltd raised its position in shares of Procore Technologies by 181.9% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 843 shares of the company's stock worth $63,000 after buying an additional 544 shares in the last quarter. Finally, Ancora Advisors LLC raised its position in shares of Procore Technologies by 10,625.0% in the fourth quarter. Ancora Advisors LLC now owns 858 shares of the company's stock worth $64,000 after buying an additional 850 shares in the last quarter. 81.10% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, major shareholder Iconiq Strategic Partners Iv, sold 192,803 shares of the company's stock in a transaction that occurred on Friday, June 13th. The stock was sold at an average price of $64.76, for a total value of $12,485,922.28. Following the completion of the transaction, the insider directly owned 3,137,255 shares of the company's stock, valued at $203,168,633.80. This represents a 5.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Connor Kevin J. O sold 8,035 shares of the stock in a transaction on Thursday, July 10th. The shares were sold at an average price of $72.36, for a total value of $581,412.60. Following the transaction, the director directly owned 1,154,097 shares of the company's stock, valued at approximately $83,510,458.92. This trade represents a 0.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 671,447 shares of company stock valued at $43,813,243 over the last quarter. Corporate insiders own 29.00% of the company's stock.

Procore Technologies Company Profile

Procore Technologies, Inc engages in the provision of 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.