Procore Technologies, Inc. (PCOR)
NYSE: PCOR · IEX Real-Time Price · USD
67.98
+1.79 (2.70%)
At close: Jul 2, 2024, 4:00 PM
68.26
+0.28 (0.41%)
After-hours: Jul 2, 2024, 7:47 PM EDT
Procore Technologies Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for PCOR stock have an average target of 81.56, with a low estimate of 55 and a high estimate of 95. The average target predicts an increase of 19.98% from the current stock price of 67.98.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PCOR stock from 17 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 5 | 5 | 5 | 5 | 5 |
| Buy | 8 | 8 | 8 | 9 | 8 | 8 |
| Hold | 3 | 3 | 3 | 3 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 16 | 16 | 17 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $86 → $90 | Buy | Maintains | $86 → $90 | +32.39% | Jul 2, 2024 |
| TD Cowen | TD Cowen | Strong Buy Initiates $85 | Strong Buy | Initiates | $85 | +25.04% | Jun 12, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $85 | Buy | Maintains | $85 | +25.04% | Jun 11, 2024 |
| Mizuho | Mizuho | Strong Buy → Hold Downgrades $75 → $70 | Strong Buy → Hold | Downgrades | $75 → $70 | +2.97% | Jun 4, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $95 → $80 | Strong Buy | Maintains | $95 → $80 | +17.68% | May 2, 2024 |
Financial Forecast
Revenue This Year
1.16B
from 950.01M
Increased by 22.42%
Revenue Next Year
1.40B
from 1.16B
Increased by 20.12%
EPS This Year
0.90
from -1.34
EPS Next Year
1.18
from 0.90
Increased by 30.09%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.2B | 1.5B | 1.8B | 2.1B | 2.6B |
| Avg | 1.2B | 1.4B | 1.7B | 2.0B | 2.4B |
| Low | 1.1B | 1.3B | 1.5B | 1.9B | 2.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.4% | 26.4% | 26.6% | 28.4% | 30.0% |
| Avg | 22.4% | 20.1% | 18.9% | 21.0% | 19.6% |
| Low | 13.5% | 13.2% | 10.2% | 12.7% | 8.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.04 | 1.52 | 2.23 |
| Avg | 0.90 | 1.18 | 1.72 |
| Low | 0.73 | 0.93 | 1.34 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 68.3% | 89.1% |
| Avg | - | 30.1% | 45.8% |
| Low | - | 2.9% | 13.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.