Porch Group, Inc. (PRCH)

Market Cap	278.71M
Revenue (ttm)	458.38M
Net Income (ttm)	-108.56M
Shares Out	99.19M
EPS (ttm)	-1.13
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,616,649
Open	2.800
Previous Close	2.810
Day's Range	2.740 - 2.870
52-Week Range	0.495 - 4.780
Beta	2.21
Analysts	Strong Buy
Price Target	6.75 (+141.94%)
Earnings Date	May 8, 2024

About PRCH

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. This segment offers inspection software and services, title insurance software, mortgage software, moving services, mover and homeowner marketing, and measurement so...

• Industry: Software - Application
• Sector: Technology
• Founded: 2012
• Employees: 864
• Stock Exchange: NASDAQ
• Ticker Symbol: PRCH

Financial Performance

In 2023, Porch Group's revenue was $430.30 million, an increase of 55.94% compared to the previous year's $275.95 million. Losses were -$133.93 million, -14.45% less than in 2022.

Analyst Forecast

According to 5 analysts, the average rating for PRCH stock is "Strong Buy." The 12-month stock price forecast is $6.75, which is an increase of 141.94% from the latest price.

Price Target

$6.75

(141.94% upside)

Analyst Consensus: Strong Buy