Porch Group (PRCH) Expected to Announce Earnings on Wednesday

Porch Group (NASDAQ:PRCHGet Free Report) is expected to post its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect Porch Group to post earnings of ($0.04) per share and revenue of $122.3020 million for the quarter. Interested persons may review the information on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 5:00 PM ET.

Porch Group (NASDAQ:PRCHGet Free Report) last issued its earnings results on Tuesday, April 28th. The company reported ($0.04) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.06. Porch Group had a negative return on equity of 115.59% and a negative net margin of 3.41%.The business had revenue of $109.44 million during the quarter, compared to the consensus estimate of $94.72 million. On average, analysts expect Porch Group to post $-0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Porch Group Price Performance

Porch Group stock opened at $11.84 on Monday. The company has a debt-to-equity ratio of 14.87, a current ratio of 1.28 and a quick ratio of 1.28. Porch Group has a 1-year low of $6.36 and a 1-year high of $19.44. The company has a market cap of $1.51 billion, a PE ratio of -69.64 and a beta of 3.13. The stock’s 50 day moving average price is $12.07 and its 200 day moving average price is $9.55.

Insider Activity

In related news, CEO Matt Ehrlichman sold 120,368 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $9.78, for a total transaction of $1,177,199.04. Following the sale, the chief executive officer owned 15,972,080 shares of the company’s stock, valued at $156,206,942.40. This trade represents a 0.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Shawn Tabak sold 25,000 shares of the business’s stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $16.13, for a total transaction of $403,250.00. Following the completion of the transaction, the chief financial officer directly owned 240,495 shares of the company’s stock, valued at $3,879,184.35. The trade was a 9.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,397,856 shares of company stock worth $14,158,387 over the last three months. 27.78% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Porch Group

Institutional investors have recently modified their holdings of the company. AQR Capital Management LLC boosted its position in Porch Group by 134.7% during the first quarter. AQR Capital Management LLC now owns 226,795 shares of the company’s stock worth $1,653,000 after acquiring an additional 130,166 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Porch Group by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,275 shares of the company’s stock valued at $352,000 after acquiring an additional 2,002 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in Porch Group by 2.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,161,064 shares of the company’s stock valued at $8,464,000 after acquiring an additional 26,119 shares during the last quarter. Creative Planning purchased a new position in shares of Porch Group during the 2nd quarter worth $136,000. Finally, Legal & General Group Plc lifted its stake in shares of Porch Group by 1,203.8% during the 2nd quarter. Legal & General Group Plc now owns 108,759 shares of the company’s stock worth $1,282,000 after purchasing an additional 100,417 shares during the period. Institutional investors and hedge funds own 48.48% of the company’s stock.

Wall Street Analysts Forecast Growth

PRCH has been the topic of several research analyst reports. Stephens began coverage on shares of Porch Group in a research report on Monday, May 4th. They set an “overweight” rating and a $12.00 target price on the stock. Benchmark boosted their target price on Porch Group from $21.00 to $22.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $16.25 target price (up from $13.00) on shares of Porch Group in a report on Monday, July 13th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Porch Group in a research note on Friday, May 22nd. Six investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $18.54.

Check Out Our Latest Stock Report on PRCH

About Porch Group

(Get Free Report)

Porch Group, Inc operates a technology-driven home services platform designed to connect homeowners with professional contractors, maintenance providers and home improvement specialists. Through its online marketplace and proprietary software solutions, Porch enables users to research, compare and book services ranging from home repairs and remodeling to maintenance and renovations. The company’s platform integrates detailed provider profiles, customer reviews and real-time appointment scheduling to streamline the process of sourcing and managing home projects.

In addition to its core marketplace, Porch offers software products tailored for service professionals.

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Earnings History for Porch Group (NASDAQ:PRCH)

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