Procore Technologies (NYSE:PCOR) Announces Quarterly Earnings Results, Beats Expectations By $0.05 EPS

Posted by Brenda Bartman on Nov 3rd, 2026

Procore Technologies (NYSE:PCOR – Get Free Report) posted its earnings results on Tuesday. The company reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.05, Briefing.com reports. Procore Technologies had a negative net margin of 2.73% and a positive return on equity of 0.71%. During the same quarter last year, the business posted $0.42 earnings per share. Procore Technologies’s revenue for the quarter was up 18.7% on a year-over-year basis.

Procore Technologies Price Performance

Shares of NYSE PCOR traded up $0.50 during mid-day trading on Tuesday, reaching $63.07. 4,744,534 shares of the company traded hands, compared to its average volume of 3,008,882. Procore Technologies has a fifty-two week low of $38.03 and a fifty-two week high of $82.32. The firm has a market cap of $9.58 billion, a PE ratio of -242.56 and a beta of 0.75. The stock has a fifty day simple moving average of $56.69 and a 200-day simple moving average of $53.38.

Insider Transactions at Procore Technologies

In related news, Director Connor Kevin J. O sold 7,692 shares of the firm’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $53.50, for a total transaction of $411,522.00. Following the completion of the transaction, the director owned 915,978 shares of the company’s stock, valued at $49,004,823. This trade represents a 0.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Elisa Steele sold 1,500 shares of Procore Technologies stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $63.00, for a total value of $94,500.00. Following the transaction, the director directly owned 58,371 shares in the company, valued at approximately $3,677,373. The trade was a 2.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 199,193 shares of company stock valued at $11,182,473 over the last three months. 16.80% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on PCOR shares. Piper Sandler assumed coverage on Procore Technologies in a research report on Monday, September 28th. They set an “overweight” rating and a $68.00 price objective for the company. Citigroup restated a “market outperform” rating on shares of Procore Technologies in a research report on Monday, October 26th. Barclays lifted their target price on Procore Technologies from $60.00 to $62.00 and gave the company an “overweight” rating in a research note on Monday, October 12th. Zacks Research cut Procore Technologies from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 2nd. Finally, Weiss Ratings raised Procore Technologies from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Procore Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $71.06.

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Procore Technologies Company Profile

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Procore Technologies, Inc provides cloud-based construction management software through its Procore platform. The company’s technology is designed to connect owners, general and specialty contractors, architects, engineers and other construction professionals throughout the project lifecycle.

Procore’s products and services support preconstruction planning, project management, financial management, quality and safety programs, workforce management, construction intelligence and collaboration.