Procore Technologies (PCOR) Projected to Post Quarterly Earnings on Wednesday

Procore Technologies (NYSE:PCOR) is projected to release its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect Procore Technologies to post earnings of $0.41 per share and revenue of $365.8220 million for the quarter. Interested persons may review the information on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, July 30, 2026 at 8:30 AM ET.

Procore Technologies (NYSE:PCOR) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.34 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.02). Procore Technologies had a negative return on equity of 2.24% and a negative net margin of 5.61%.The company had revenue of $359.28 million for the quarter, compared to analyst estimates of $352.82 million. During the same period in the previous year, the business posted $0.23 EPS. The firm’s revenue for the quarter was up 15.7% compared to the same quarter last year. On average, analysts expect Procore Technologies to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Procore Technologies Trading Up 9.0%

Shares of Procore Technologies stock opened at $46.70 on Tuesday. The company has a fifty day simple moving average of $44.46 and a 200-day simple moving average of $52.37. Procore Technologies has a 12-month low of $38.03 and a 12-month high of $82.32. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.02. The stock has a market cap of $7.05 billion, a price-to-earnings ratio of -91.56 and a beta of 0.75.

Insiders Place Their Bets

In other news, Director Connor Kevin J. O sold 5,775 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $42.92, for a total value of $247,863.00. Following the completion of the sale, the director directly owned 979,439 shares of the company’s stock, valued at approximately $42,037,521.88. This represents a 0.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Craig F. Jr. Courtemanche sold 56,122 shares of the stock in a transaction dated Friday, July 10th. The stock was sold at an average price of $43.90, for a total transaction of $2,463,755.80. Following the sale, the chairman owned 919,704 shares of the company’s stock, valued at $40,375,005.60. This trade represents a 5.75% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 189,621 shares of company stock valued at $8,791,847. Insiders own 16.80% of the company’s stock.

Hedge Funds Weigh In On Procore Technologies

Several institutional investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC acquired a new stake in Procore Technologies during the 4th quarter worth approximately $511,000. Fieldview Capital Management LLC acquired a new position in shares of Procore Technologies in the fourth quarter valued at approximately $301,000. Vident Advisory LLC increased its holdings in shares of Procore Technologies by 6.0% in the fourth quarter. Vident Advisory LLC now owns 3,860 shares of the company’s stock valued at $281,000 after purchasing an additional 219 shares during the period. Fox Run Management L.L.C. purchased a new stake in shares of Procore Technologies during the fourth quarter worth approximately $280,000. Finally, Smartleaf Asset Management LLC raised its stake in shares of Procore Technologies by 42.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 3,711 shares of the company’s stock worth $274,000 after purchasing an additional 1,110 shares during the last quarter. Institutional investors and hedge funds own 81.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on PCOR. Wall Street Zen cut shares of Procore Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. The Goldman Sachs Group dropped their price objective on Procore Technologies from $80.00 to $70.00 and set a “buy” rating on the stock in a report on Thursday, May 7th. Jefferies Financial Group cut their target price on Procore Technologies from $95.00 to $75.00 and set a “buy” rating on the stock in a research report on Tuesday, July 21st. BTIG Research reissued a “buy” rating and issued a $66.00 target price on shares of Procore Technologies in a report on Friday. Finally, Guggenheim began coverage on Procore Technologies in a research report on Thursday, July 23rd. They issued a “buy” rating and a $68.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $70.47.

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. It offers Preconstruction that facilitates collaboration between internal and external stakeholders during the planning, budgeting, estimating, bidding, and partner selection phase of a construction project; and Project Execution, which enables real-time collaboration, information storage, design, BIM model clash detection, and regulation compliance for teams on the jobsite and in the back office.