Porch Group (PRCH) Expected to Announce Quarterly Earnings on Tuesday

Key Points

• Porch Group is set to announce its Q2 2025 earnings on August 5th, with analysts expecting a loss of ($0.13) per share and revenue of $98.06 million.
• Shares of Porch Group opened at $13.12 but have experienced a 2.2% decline prior to the earnings report.
• Recent analyst ratings are generally positive, with multiple firms assigning "buy" ratings and price targets ranging up to $15.00.

Porch Group (NASDAQ:PRCH - Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data after the market closes on Tuesday, August 5th. Analysts expect the company to announce earnings of ($0.13) per share and revenue of $98.06 million for the quarter. Porch Group has set its FY 2025 guidance at EPS.

Porch Group (NASDAQ:PRCH - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The company reported $0.02 EPS for the quarter, beating the consensus estimate of ($0.07) by $0.09. The firm had revenue of $104.75 million for the quarter, compared to analysts' expectations of $79.44 million. On average, analysts expect Porch Group to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Porch Group Stock Down 2.2%

Shares of NASDAQ PRCH opened at $13.12 on Tuesday. The firm's 50-day moving average price is $11.44 and its 200-day moving average price is $7.92. The company has a market cap of $1.59 billion, a PE ratio of -93.71 and a beta of 2.67. Porch Group has a 52-week low of $1.05 and a 52-week high of $14.34.

Wall Street Analyst Weigh In

PRCH has been the topic of a number of recent analyst reports. B. Riley initiated coverage on shares of Porch Group in a research note on Tuesday, July 1st. They set a "buy" rating and a $15.00 target price on the stock. Oppenheimer lifted their price objective on shares of Porch Group from $9.00 to $14.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 2nd. Loop Capital reaffirmed a "buy" rating and set a $13.00 price objective (up from $6.00) on shares of Porch Group in a research note on Wednesday, May 14th. Benchmark lifted their price objective on shares of Porch Group from $10.00 to $12.00 and gave the stock a "buy" rating in a research note on Wednesday, May 7th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of Porch Group from $6.00 to $7.00 and gave the stock a "market perform" rating in a research note on Wednesday, May 7th. One analyst has rated the stock with a hold rating, six have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $10.28.

Insiders Place Their Bets

In other news, COO Matthew Neagle sold 60,000 shares of Porch Group stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $9.94, for a total transaction of $596,400.00. Following the completion of the sale, the chief operating officer directly owned 1,078,080 shares in the company, valued at approximately $10,716,115.20. This trade represents a 5.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Rachel Lam sold 25,000 shares of Porch Group stock in a transaction on Friday, June 13th. The stock was sold at an average price of $10.75, for a total value of $268,750.00. Following the sale, the director owned 202,991 shares of the company's stock, valued at approximately $2,182,153.25. This trade represents a 10.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 465,000 shares of company stock valued at $4,841,750 in the last three months. 23.32% of the stock is owned by company insiders.

Institutional Trading of Porch Group

Several institutional investors and hedge funds have recently made changes to their positions in PRCH. AQR Capital Management LLC raised its holdings in shares of Porch Group by 134.7% in the first quarter. AQR Capital Management LLC now owns 226,795 shares of the company's stock valued at $1,653,000 after acquiring an additional 130,166 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Porch Group by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,275 shares of the company's stock worth $352,000 after purchasing an additional 2,002 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in Porch Group by 2.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,161,064 shares of the company's stock worth $8,464,000 after purchasing an additional 26,119 shares in the last quarter. 48.48% of the stock is currently owned by institutional investors.

Porch Group Company Profile

Porch Group, Inc, together with its subsidiaries, operates a vertical software and insurance platform in the United States. The company operates in two segments, Vertical Software and Insurance. The Vertical Software segment provides software and services to inspection, mortgage, and title companies on a subscription and transactional basis, as well as move and post-move services.

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