Q2 Earnings Estimate for Porch Group Issued By B. Riley

Porch Group, Inc. (NASDAQ:PRCH - Free Report) - Research analysts at B. Riley issued their Q2 2025 EPS estimates for Porch Group in a research note issued to investors on Monday, June 30th. B. Riley analyst R. Binner anticipates that the company will post earnings of ($0.11) per share for the quarter. B. Riley currently has a "Strong-Buy" rating on the stock. The consensus estimate for Porch Group's current full-year earnings is ($0.63) per share. B. Riley also issued estimates for Porch Group's Q3 2025 earnings at ($0.09) EPS, Q4 2025 earnings at ($0.05) EPS, FY2025 earnings at ($0.23) EPS and FY2026 earnings at $0.10 EPS.

Porch Group (NASDAQ:PRCH - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The company reported $0.02 earnings per share for the quarter, topping analysts' consensus estimates of ($0.07) by $0.09. The company had revenue of $104.75 million during the quarter, compared to analyst estimates of $79.44 million.

Other analysts have also issued research reports about the company. Stephens upped their price objective on Porch Group from $8.00 to $10.00 and gave the company an "overweight" rating in a report on Friday, March 21st. Keefe, Bruyette & Woods raised their price objective on shares of Porch Group from $6.00 to $7.00 and gave the company a "market perform" rating in a research report on Wednesday, May 7th. Loop Capital reissued a "buy" rating and set a $13.00 target price (up from $6.00) on shares of Porch Group in a research note on Wednesday, May 14th. Oppenheimer lifted their price target on shares of Porch Group from $9.00 to $14.00 and gave the stock an "outperform" rating in a research report on Wednesday. Finally, Benchmark upped their price target on Porch Group from $10.00 to $12.00 and gave the company a "buy" rating in a report on Wednesday, May 7th. One research analyst has rated the stock with a hold rating, six have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $10.28.

Porch Group Stock Down 1.1%

PRCH traded down $0.14 during trading on Thursday, reaching $12.30. The stock had a trading volume of 1,282,806 shares, compared to its average volume of 2,188,561. Porch Group has a 1-year low of $1.05 and a 1-year high of $12.83. The firm has a market capitalization of $1.49 billion, a price-to-earnings ratio of -87.86 and a beta of 2.67. The stock has a 50 day moving average of $10.04 and a two-hundred day moving average of $7.04.

Insider Activity at Porch Group

In related news, Director Rachel Lam sold 25,000 shares of the stock in a transaction dated Friday, June 13th. The shares were sold at an average price of $10.75, for a total value of $268,750.00. Following the completion of the sale, the director owned 202,991 shares in the company, valued at approximately $2,182,153.25. This trade represents a 10.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Shawn Tabak sold 30,000 shares of Porch Group stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $11.23, for a total value of $336,900.00. Following the sale, the chief financial officer directly owned 172,671 shares in the company, valued at approximately $1,939,095.33. This trade represents a 14.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 475,000 shares of company stock valued at $4,895,150. Insiders own 23.32% of the company's stock.

Institutional Trading of Porch Group

Hedge funds have recently modified their holdings of the company. Rhumbline Advisers lifted its position in Porch Group by 28.7% in the first quarter. Rhumbline Advisers now owns 99,436 shares of the company's stock worth $725,000 after purchasing an additional 22,159 shares during the period. Acadian Asset Management LLC boosted its stake in Porch Group by 92.5% in the first quarter. Acadian Asset Management LLC now owns 1,619,752 shares of the company's stock worth $11,800,000 after purchasing an additional 778,240 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Porch Group by 2.3% during 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 during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of 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 valued at $352,000 after buying an additional 2,002 shares in the last quarter. Finally, Bosun Asset Management LLC bought a new position in shares of Porch Group in the first quarter valued at about $209,000. Institutional investors own 48.48% of the company's stock.

About Porch Group

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.