Porch Group, Inc. (PRCH)
Market Cap | 1.16B |
Revenue (ttm) | 427.15M |
Net Income (ttm) | -11.07M |
Shares Out | 103.23M |
EPS (ttm) | -0.11 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,726,661 |
Open | 10.97 |
Previous Close | 10.62 |
Day's Range | 10.73 - 11.44 |
52-Week Range | 1.05 - 12.20 |
Beta | 2.62 |
Analysts | Strong Buy |
Price Target | 8.89 (-20.98%) |
Earnings Date | Aug 5, 2025 |
About PRCH
Porch Group, Inc., together with its subsidiaries, operates a vertical software and insurance platform in the United States. The company operates in home-related product and service industries, including insurance, mortgage software, title insurance software, warranty, moving services, inspection software, home repair, and marketing, financial, and other software for home services companies. It also provides insurance and warranty products to protect their homes; and property-related insurance, whole-home, 90-day, service line, and extended lab... [Read more]
Financial Performance
In 2024, Porch Group's revenue was $437.85 million, an increase of 1.75% compared to the previous year's $430.30 million. Losses were -$32.83 million, -75.49% less than in 2023.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for PRCH stock is "Strong Buy." The 12-month stock price forecast is $8.89, which is a decrease of -20.98% from the latest price.
News

Porch Group Appoints John Campbell as Vice President of Investor Relations
SEATTLE--(BUSINESS WIRE)--Porch Group Appoints John Campbell as Vice President of Investor Relations.

Porch Group Announces New Insurance Agency Partnerships
SEATTLE--(BUSINESS WIRE)--Porch Group Announces New Insurance Agency Partnerships.

Porch Group Repurchases Additional $8.9m Unsecured 2026 Notes for $8.5m of Cash
SEATTLE--(BUSINESS WIRE)--Porch Group Repurchases Additional $8.9m Unsecured 2026 Notes for $8.5m of Cash.

Porch Group Announces Closing of Transaction Retiring Majority of 2026 Unsecured Notes and Plans to Retire Additional Debt With Limited Anticipated Dilution to Stockholders
SEATTLE--(BUSINESS WIRE)--Porch Group Announces Closing of Transaction Retiring Majority of 2026 Unsecured Notes.

Porch Group Announces Retirement of Majority of 2026 Unsecured Convertible Notes
SEATTLE--(BUSINESS WIRE)--Porch Group Announces Retirement of Majority of 2026 Unsecured Convertible Notes.

Porch Group Announces HOA is a Top Ranked Performer in AM Best Report
SEATTLE--(BUSINESS WIRE)--Porch Group announces HOA ranked top performer per AM Best.

Porch Group: The Inflection Is Real, And I'm Staying Long
Porch Group, Inc.'s shift to a fee-based insurance model has driven record profitability, improved margins, and reduced underwriting risk, validating my earlier Buy rating. Q1 2025 results show strong...

Sezzle and Porch Group Lead Post-Earnings Gains as CE 100 Index Advances 2.2%
Earnings season is nearing its end, and in a week that saw 10 of 11 of the pillars in the CE 100 Index gain ground, management continued to take note of resilient consumer spending, while at the same ...

Porch Group: Up 50%+ Post-Earnings--But Is The Rally Justified?
Porch Group operates as a vertical software and insurance platform with three revenue streams: insurance services, software and data, and consumer services. Despite recent revenue generation of $427.2...

Porch Group Announces Attendance At Upcoming Investor Events
SEATTLE--(BUSINESS WIRE)--Porch Group Announces Attendance At Upcoming Investor Events.

Porch Group, Inc. (PRCH) Q1 2025 Earnings Call Transcript
Porch Group, Inc. (NASDAQ:PRCH) Q1 2025 Earnings Conference Call May 6, 2025 5:00 PM ET Company Participants Matt Ehrlichman - CEO, Chairman and Founder Shawn Tabak - CFO Matthew Neagle - COO Confere...

Porch Group Reports First Quarter 2025 Results
SEATTLE--(BUSINESS WIRE)--Porch Group Reports First Quarter 2025 Results. Exceeds Expectations and Increases Guidance Driven by Insurance Services.

Porch Group to Release First Quarter 2025 Earnings on May 6, 2025
SEATTLE--(BUSINESS WIRE)--Porch Group to Release First Quarter 2025 Earnings on May 6, 2025.

CE 100 Index Adds 2.1% as Porch Group Rallies and Tencent Surges on Earnings
Over the past week, the CE 100 Index's 2.1% rally outpaced its benchmarks, driven by gains across all pillars. Porch Group led advancing names in the Index, surging more than 14.4%.

Porch Group Announces Four Seasoned Industry Leaders Strengthen the Organization
SEATTLE--(BUSINESS WIRE)--Porch Group Announces Four Seasoned Industry Leaders Strengthen the Organization.

From Skeptic To Buyer: Why I'm Upgrading Porch Group
Porch Group's shift to a high-margin, fee-based model has significantly improved profitability, with 2024 EBITDA hitting record levels and ambitious targets set for 2025 and 2026. Despite impressive r...

Porch Group, Inc. (PRCH) Q4 2024 Earnings Call Transcript
Porch Group, Inc. (PRCH) Q4 2024 Earnings Call Transcript

Porch Group Reports Fourth Quarter 2024 Results
SEATTLE--(BUSINESS WIRE)--Porch Group Reports Fourth Quarter 2024 Results.

Porch Group to Release Fourth Quarter 2024 Earnings on February 25, 2025
SEATTLE--(BUSINESS WIRE)--Porch Group, Inc. (“Porch Group,” “Porch” or “the Company”) (Nasdaq: PRCH), a homeowners insurance and vertical software platform, today announced it will report financial re...

Porch Group Completes Formation of Porch Insurance Reciprocal Exchange and Corresponding Sale of Homeowners of America Insurance Company
SEATTLE--(BUSINESS WIRE)--Porch Group Completes Formation of Porch Insurance Reciprocal Exchange and Corresponding Sale of Homeowners of America Insurance Company.

Porch Group Launches MovingPlace, a One-Stop Marketplace for Moving Services
SEATTLE--(BUSINESS WIRE)--Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), a homeowners insurance and vertical software platform, today announced the launch of MovingPlace, a new marketpla...

Porch Group Releases its 2024 ESG Report
SEATTLE--(BUSINESS WIRE)--Porch Group Releases its 2024 ESG Report.

Porch Group Reiterates $32m Q4'24 Adj EBITDA(1) Guidance and Shares Investor Day Highlights
SEATTLE--(BUSINESS WIRE)--Porch Group Reiterates $32m Q4'24 Adj EBITDA Guidance and Shares Investor Day Highlights.

CE 100 Index Gains Ground on Porch Group's 51% Rally
The CE 100 Index rallied by 2.2% this past week, starting the last month of trading in 2024 on a positive note. The Live segment stood out here, jumping by more than 7.2%.

Porch Group's Investor Day to Highlight 2026 $100m Adj EBITDA Target(1,2)
SEATTLE--(BUSINESS WIRE)--Porch Group's Investor Day to Highlight 2026 $100m Adj EBITDA Target.