BTIG Research Forecasts Strong Price Appreciation for Procore Technologies (NYSE:PCOR) Stock

Posted by Stanley Muller on Nov 7th, 2026

Procore Technologies (NYSE:PCOR – Get Free Report) had its price objective raised by research analysts at BTIG Research from $66.00 to $90.00 in a research report issued on Thursday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. BTIG Research‘s price objective indicates a potential upside of 19.48% from the company’s previous close.

Other analysts have also issued research reports about the company. Guggenheim assumed coverage on Procore Technologies in a research note on Thursday, July 23rd. They issued a “buy” rating and a $68.00 price objective on the stock. Barclays boosted their target price on Procore Technologies from $60.00 to $62.00 and gave the stock an “overweight” rating in a report on Monday, October 12th. TD Cowen boosted their target price on Procore Technologies from $65.00 to $70.00 and gave the stock a “buy” rating in a report on Monday. Jefferies Financial Group dropped their price target on Procore Technologies from $95.00 to $75.00 and set a “buy” rating on the stock in a research note on Tuesday, July 21st. Finally, Truist Financial set a $91.00 price target on Procore Technologies in a report on Thursday. Eighteen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $80.35.

Get Our Latest Analysis on Procore Technologies

Procore Technologies Price Performance

PCOR stock traded down $0.28 during trading hours on Thursday, reaching $75.33. The stock had a trading volume of 4,049,430 shares, compared to its average volume of 3,008,882. The stock has a market capitalization of $11.45 billion, a PE ratio of -327.49 and a beta of 0.75. The stock has a 50-day simple moving average of $57.53 and a 200 day simple moving average of $53.50. Procore Technologies has a fifty-two week low of $38.03 and a fifty-two week high of $80.40.

Procore Technologies (NYSE:PCOR – Get Free Report) last announced its quarterly earnings data on Tuesday, November 3rd. The company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.05. The company had revenue of $402.31 million during the quarter, compared to the consensus estimate of $384.38 million. Procore Technologies had a negative net margin of 2.73% and a positive return on equity of 0.71%. The company’s quarterly revenue was up 18.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.42 EPS. On average, sell-side analysts forecast that Procore Technologies will post 0.44 EPS for the current fiscal year.

Insider Activity

In other news, Director Connor Kevin J. O sold 7,692 shares of the stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $54.53, for a total transaction of $419,444.76. Following the transaction, the director owned 900,594 shares in the company, valued at approximately $49,109,390.82. This trade represents a 0.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP William Fleming, Jr. sold 10,000 shares of Procore Technologies stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $58.95, for a total value of $589,500.00. Following the sale, the senior vice president directly owned 104,981 shares of the company’s stock, valued at approximately $6,188,629.95. The trade was a 8.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 212,808 shares of company stock valued at $12,026,454. Company insiders own 16.80% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Deutsche Bank AG acquired a new stake in shares of Procore Technologies during the 2nd quarter worth $114,444,000. Bank of America Corp DE bought a new position in shares of Procore Technologies in the second quarter worth $34,651,000. Whetstone Capital Advisors LLC acquired a new position in Procore Technologies in the second quarter valued at about $1,990,000. Hillsdale Investment Management Inc. acquired a new position in Procore Technologies in the first quarter valued at about $3,181,000. Finally, Citizens Financial Group Inc. RI acquired a new position in Procore Technologies in the second quarter valued at about $964,000. 81.10% of the stock is owned by institutional investors and hedge funds.

Procore Technologies News Summary

Here are the key news stories impacting Procore Technologies this week:

Positive Sentiment: Procore reported Q3 earnings of $0.51 per share, topping estimates of about $0.45–$0.46. Revenue rose 18.7% year over year to $402.3 million, also exceeding expectations. Shares climbed 12.4% following the earnings beat. Procore shares climb following earnings beat
Positive Sentiment: Several firms raised their price targets and maintained or issued bullish ratings. Citizens JMP lifted its target to $91, while UBS raised its target to $95 and reiterated Buy; Loop Capital also upgraded the stock from Hold to Buy with a $93 target. These actions signal stronger analyst confidence after the results. Citizens JMP raises Procore price target
Neutral Sentiment: A Procore director sold 7,692 shares under a pre-arranged Rule 10b5-1 trading plan. The sale was a small reduction in his holdings, which remained substantial after the transaction. Director share sale

Procore Technologies Company Profile

(Get Free Report)

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.