Porch Group, Inc. (PRCH)
| Market Cap | 956.91M |
| Revenue (ttm) | 437.85M |
| Net Income (ttm) | -32.83M |
| Shares Out | 120.06M |
| EPS (ttm) | -0.33 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,369,936 |
| Open | 6.87 |
| Previous Close | 6.86 |
| Day's Range | 6.83 - 8.05 |
| 52-Week Range | 1.05 - 8.05 |
| Beta | 2.03 |
| Analysts | Strong Buy |
| Price Target | 7.03 (-11.79%) |
| Earnings Date | May 7, 2025 |
About PRCH
Porch Group, Inc., together with its subsidiaries, operates a vertical software and insurance platform in the United States. The company offers industries, which include 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 labor warranties, Porch Warranty, Ameri... [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 8 analysts, the average rating for PRCH stock is "Strong Buy." The 12-month stock price forecast is $7.03, which is a decrease of -11.79% from the latest price.
News
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 Announces Attendance At Upcoming Investor Events
SEATTLE--(BUSINESS WIRE)--Porch Group Announces Attendance At Upcoming Investor Events.
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.
Why I'm Waiting For Porch Group To Nail Down Its Growth Story
Porch Group's stock surged 170% in a year, with analysts predicting 30% upside, but profitability and growth metrics are concerning. The launch of Porch Insurance Reciprocal Exchange aims to stabilize...
Porch Group to Host Investor Day on December 5, 2024
SEATTLE--(BUSINESS WIRE)--Porch Group to Host Investor Day on December 5, 2024.
Porch Group Announces Strategic Home Factors Partnership
SEATTLE--(BUSINESS WIRE)--Porch Group Announces Strategic Home Factors Partnership.
Porch Group, Inc. (PRCH) Q3 2024 Earnings Call Transcript
Porch Group, Inc. (NASDAQ:PRCH) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Lois Perkins - Head of Investor Relations Matt Ehrlichman - Chairman, Founder & Chief...
Porch Group Reports Third Quarter 2024 Results
SEATTLE--(BUSINESS WIRE)--Porch Group Reports Third Quarter 2024 Results.
CE 100 Index Gains 2.1% as Porch Soars and Fiverr Roars After Earnings
The avalanche of earnings reports continued this past week, driving the CE 100 Index 2.1% higher. Porch Group shares surged nearly 73% and drove the Live segment ahead by 7.6%.
Porch Group to Release Third Quarter 2024 Earnings on November 7, 2024
SEATTLE--(BUSINESS WIRE)--Porch Group to Release Third Quarter 2024 Earnings on November 7, 2024. Investor Day Will Be Scheduled In Early December, 2024.
Porch Group Announces Reciprocal Exchange Regulatory Approval, A Key Milestone
SEATTLE--(BUSINESS WIRE)--Porch Group Announces Reciprocal Exchange Regulatory Approval, A Key Milestone.
Porch Group, Inc. (PRCH) Q2 2024 Earnings Call Transcript
Porch Group, Inc. (NASDAQ:PRCH) Q2 2024 Earnings Conference Call August 6, 2024 5:00 PM ET Company Participants Lois Perkins - IR Matt Ehrlichman - CEO, Chairman and Founder Shawn Tabak - CFO Matthew...
Porch Group Reports Second Quarter 2024 Results
SEATTLE--(BUSINESS WIRE)--Porch Group, Inc. (“Porch Group” or “the Company”) (NASDAQ: PRCH), a homeowners insurance and vertical software platform, today reported second quarter results through June 3...
Porch Group Files Reciprocal Exchange Application and Contributes PRCH Shares to HOA to Increase Surplus and Support Future Growth
SEATTLE--(BUSINESS WIRE)--Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), a homeowners insurance and vertical software platform, today announced it has filed a new and updated application...
Porch Group to Release Second Quarter 2024 Earnings on August 6, 2024
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...