Porch Group, Inc. (PRCH)

NASDAQ: PRCH · IEX Real-Time Price · USD
3.40
+0.52 (18.06%)
At close: Aug 11, 2022 4:00 PM
3.45
+0.05 (1.47%)
Pre-market: Aug 12, 2022 8:30 AM EDT
18.06%
Market Cap 337.07M
Revenue (ttm) 247.68M
Net Income (ttm) -57.38M
Shares Out 99.14M
EPS (ttm) -0.49
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 4,854,364
Open 3.02
Previous Close 2.88
Day's Range 3.02 - 3.53
52-Week Range 1.80 - 27.50
Beta 1.05
Analysts Buy
Price Target 11.75 (+245.6%)
Earnings Date Aug 9, 2022

About PRCH

Porch Group, Inc. operates a software platform in the United States and Canada. The company operates through two segments, Vertical Software and Insurance. The Vertical Software segment provides software and services to home services companies and gives early access to homebuyers and homeowners. It offers services to home services companies, such as home inspectors, consumers, such as homebuyers and homeowners, service providers, such as moving, insurance, warranty, and security companies, and TV/Internet providers. This segment operates throug... [Read more...]

Industry Software-Application
Founded 2012
Employees 1,700
Stock Exchange NASDAQ
Ticker Symbol PRCH
Full Company Profile

Financial Performance

In 2021, Porch Group's revenue was $192.43 million, an increase of 166.16% compared to the previous year's $72.30 million. Losses were -$106.61 million, 97.3% more than in 2020.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for PRCH stock is "Buy." The 12-month stock price forecast is 11.75, which is an increase of 245.59% from the latest price.

Price Target
$11.75
(245.59% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Porch Group, Inc. (PRCH) Reports Q2 Loss, Lags Revenue Estimates

Porch Group, Inc. (PRCH) delivered earnings and revenue surprises of -12.50% and 7.42%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Porch Group Reports Second Quarter 2022 Results

- Reports $70.8 Million of Revenue, up 38% Year-Over-Year

Porch Group to Present at the Oppenheimer 25th Annual Technology, Internet & Communications Conference

SEATTLE, July 22, 2022 (GLOBE NEWSWIRE) -- Porch Group, Inc. (“Porch Group” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, ...

Porch Group Sets Second Quarter 2022 Earnings Call for Tuesday, August 9, 2022, at 5:00 pm ET

SEATTLE, July 19, 2022 (GLOBE NEWSWIRE) -- Porch Group, Inc. (“Porch Group” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, ...

Porch Group's Homeowners of America Reaches National Expansion Milestone with Introduction of 20th State

Launch of Homeowners Insurance Offerings in Indiana Demonstrates Strong Execution of National Growth Strategy Launch of Homeowners Insurance Offerings in Indiana Demonstrates Strong Execution of Nationa...

Porch Group Prevails in Lawsuit

All Claims by Former Owners of Kandela LLC Against Porch Group Denied by Arbitrator All Claims by Former Owners of Kandela LLC Against Porch Group Denied by Arbitrator

Porch Group's, Rynoh, Launches Highly-Anticipated Escheatment Software Module

RynohEscheat Helps Title Companies Streamline Unclaimed Property Reporting RynohEscheat Helps Title Companies Streamline Unclaimed Property Reporting

6 Tech Stocks That Insiders Are Buying Big Time

These six tech stocks have recently had insider buying and have approved share buybacks -- both hugely bullish signs. The post 6 Tech Stocks That Insiders Are Buying Big Time appeared first on InvestorP...

Other symbols: AEYECHGGKARKDRH

Porch Group Adds to its Leadership Team with Noteworthy Hires

SEATTLE, May 31, 2022 (GLOBE NEWSWIRE) -- Porch Group, Inc. (“Porch Group” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, i...

Porch Group Announces Insider Open-Market Stock Purchases

SEATTLE, May 18, 2022 (GLOBE NEWSWIRE) -- Porch Group, Inc. (“Porch Group” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, a...

Porch Group, Inc. (PRCH) Reports Q1 Loss, Tops Revenue Estimates

Porch Group, Inc. (PRCH) delivered earnings and revenue surprises of -64.71% and 3.13%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Porch Group Reports First Quarter 2022 Results; Affirms 2022 Guidance

Reports $62.6 Million of Revenue, up 134% Year-Over-Year

Dena Singleton Appointed Chief Human Resources Officer at Trax

SAN FRANCISCO--(BUSINESS WIRE)-- #CPG--Dena Singleton Appointed Chief Human Resources Officer at Trax.

Porch Group Closes Residential Warranty Services (RWS) Acquisition, Strengthening Market-Leading Position in the Stra...

SEATTLE, April 04, 2022 (GLOBE NEWSWIRE) -- Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services industry, successfully complete...

Porch Group to Ring Nasdaq Opening Bell

SEATTLE, March 28, 2022 (GLOBE NEWSWIRE) -- Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services industry, today announced that ...

Porch Group Appoints Sean Kell to Board of Directors as Independent Director

Independent Board Members Select Regi Vengalil as Lead Independent Director Independent Board Members Select Regi Vengalil as Lead Independent Director

Porch Group Reports Fourth Quarter and Full Year 2021 Audited Financial Results

- Filed Annual Report on Form 10-K on March 16, 2022 -

PORCH ALERT: Bragar Eagel & Squire, P.C. is Investigating Porch Group, Inc. on Behalf of Porch Group Stockholders and...

NEW YORK--(BUSINESS WIRE)-- #Action--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Porch Group, Inc. (“Porch Group” or the “...

Porch Group Announces Partnership with ATI Home Inspector Training

SEATTLE, March 08, 2022 (GLOBE NEWSWIRE) -- Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services industry, today announced a tra...

Kirby McInerney LLP Announces an Investigation of Shareholder Claims on Behalf of Porch Group, Inc. (PRCH) Investors

NEW YORK--(BUSINESS WIRE)---- $PRCH--The law firm of Kirby McInerney LLP is investigating potential claims against Porch Group, Inc. (“Porch Group” or the “Company”) (NASDAQ: PRCH). The investigation co...

The Law Offices of Frank R. Cruz Continues Its Investigation of Porch Group Inc. (PRCH) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation of Porch Group Inc. (“Porch” or the “Company”) (NASDAQ: PRCH) on behalf of investors concerning the Company's p...

INVESTOR ALERT: Law Offices of Howard G. Smith Continues Its Investigation of Porch Group Inc. (PRCH) on Behalf of In...

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith continues its investigation on behalf of Porch Group Inc. (“Porch” or the “Company”) (NASDAQ: PRCH) investors concerning the Company's poss...

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Its Investigation of Porch Group Inc. (PR...

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, continues its investigation on behalf of Porch Group Inc. (“Porch” or the “Company”) (N...

Porch Group Reports Fourth Quarter and Full Year 2021 Financial Results

- Reports $192.4 Million of Full Year 2021 Revenue, up 166% Year-Over-Year -

Homeowners of America, a Porch Group Subsidiary, Introduces Services in Missouri

Third Expansion of Homeowners Insurance Services This Year in Ongoing Nationwide Expansion Third Expansion of Homeowners Insurance Services This Year in Ongoing Nationwide Expansion