Q2 Earnings Forecast for Porch Group Issued By B. Riley

Porch Group, Inc. (NASDAQ:PRCH - Free Report) - Analysts at B. Riley issued their Q2 2025 earnings per share (EPS) estimates for shares of Porch Group in a research note issued to investors on Monday, June 30th. B. Riley analyst R. Binner forecasts that the company will post earnings per share of ($0.11) 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 posted its earnings results on Tuesday, May 6th. The company reported $0.02 earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.09. The firm had revenue of $104.75 million during the quarter, compared to the consensus estimate of $79.44 million.

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

Porch Group Price Performance

PRCH stock opened at $12.44 on Thursday. The business has a fifty day moving average price of $9.77 and a 200 day moving average price of $6.91. The stock has a market capitalization of $1.51 billion, a price-to-earnings ratio of -88.86 and a beta of 2.67. Porch Group has a fifty-two week low of $1.05 and a fifty-two week high of $12.83.

Insider Activity

In other news, Director Alan R. Pickerill sold 40,000 shares of Porch Group stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $11.26, for a total transaction of $450,400.00. Following the transaction, the director owned 182,416 shares in the company, valued at $2,054,004.16. The trade was a 17.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Matthew Neagle sold 60,000 shares of the 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 sale, the chief operating officer directly owned 1,078,080 shares of the company's stock, valued at $10,716,115.20. This represents a 5.27% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 475,000 shares of company stock worth $4,895,150 in the last 90 days. Corporate insiders own 23.32% of the company's stock.

Hedge Funds Weigh In On Porch Group

Several hedge funds have recently made changes to their positions in the business. Rhumbline Advisers boosted its position in Porch Group by 28.7% during the first quarter. Rhumbline Advisers now owns 99,436 shares of the company's stock valued at $725,000 after purchasing an additional 22,159 shares during the last quarter. Acadian Asset Management LLC grew its stake in shares of Porch Group by 92.5% in the first quarter. Acadian Asset Management LLC now owns 1,619,752 shares of the company's stock valued at $11,800,000 after acquiring an additional 778,240 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of Porch Group by 2.3% during the 1st 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. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Porch Group by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,275 shares of the company's stock worth $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 worth $209,000. 48.48% of the stock is owned by institutional investors.

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.

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