Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
PCOR
Upturn stock ratingUpturn stock rating

Procore Technologies Inc (PCOR)

Upturn stock ratingUpturn stock rating
$78.55
Delayed price
Profit since last BUY-2.35%
upturn advisory
WEAK BUY
BUY since 20 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

02/26/2025: PCOR (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

ratingratingratingratingrating

Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Analysis of Past Performance

Type Stock
Historic Profit 3.53%
Avg. Invested days 33
Today’s Advisory WEAK BUY
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 02/26/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 10.01B USD
Price to earnings Ratio -
1Y Target Price 91.53
Price to earnings Ratio -
1Y Target Price 91.53
Volume (30-day avg) 1401961
Beta 0.85
52 Weeks Range 49.46 - 88.92
Updated Date 04/1/2025
52 Weeks Range 49.46 - 88.92
Updated Date 04/1/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.72

Analyzing Revenue: Products, Geography and Growth

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -9.2%
Operating Margin (TTM) -21.86%

Management Effectiveness

Return on Assets (TTM) -4.07%
Return on Equity (TTM) -8.67%

Valuation

Trailing PE -
Forward PE 48.54
Enterprise Value 9196650080
Price to Sales(TTM) 8.7
Enterprise Value 9196650080
Price to Sales(TTM) 8.7
Enterprise Value to Revenue 7.99
Enterprise Value to EBITDA 715.37
Shares Outstanding 149924000
Shares Floating 136939271
Shares Outstanding 149924000
Shares Floating 136939271
Percent Insiders 8.96
Percent Institutions 91.53

Analyst Ratings

Rating 4
Target Price 83.49
Buy 6
Strong Buy 8
Buy 6
Strong Buy 8
Hold 8
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Procore Technologies Inc

stock logo

Company Overview

overview logo History and Background

Procore Technologies, Inc. was founded in 2002. Initially a construction business, it shifted focus to developing cloud-based construction management software. It went public in May 2021.

business area logo Core Business Areas

  • Construction Management Software: Provides a cloud-based platform for managing construction projects, including project management, resource management, and financial management tools.

leadership logo Leadership and Structure

Tooey Courtemanche is the Founder, President, and CEO. The company operates with a typical corporate structure, including a board of directors and various executive leadership positions overseeing different departments.

Top Products and Market Share

overview logo Key Offerings

  • Procore Project Management: Offers tools for document control, communication, and task management. Procore reports 16,000+ customers globally. Competitors include Autodesk Construction Cloud, Oracle Aconex, and Trimble Construction One.
  • Procore Construction Financials: Provides tools for budgeting, cost tracking, and invoicing. Market share data is fragmented across different areas of construction management.Competitors include Viewpoint Vista (Trimble), Sage Construction and Real Estate.
  • Procore Quality & Safety: Offers tools for managing safety inspections, incident reporting, and quality assurance. Growing market share in the safety management niche within construction.Competitors include EHS Insight, Intelex.

Market Dynamics

industry overview logo Industry Overview

The construction industry is undergoing digital transformation, with increasing adoption of cloud-based software for project management, collaboration, and data analysis.

Positioning

Procore positions itself as a leading provider of cloud-based construction management software, with a focus on connecting all stakeholders in a construction project.

Total Addressable Market (TAM)

Estimates suggest a TAM of over $10 billion for construction management software. Procore is positioned to capture a significant share of this market with its comprehensive platform.

Upturn SWOT Analysis

Strengths

  • Comprehensive Platform
  • Strong Brand Recognition
  • Large Customer Base
  • Cloud-Based Architecture
  • Strong Industry Partnerships

Weaknesses

  • High Subscription Costs
  • Reliance on Construction Industry
  • Integration Complexities
  • Customer Support Issues

Opportunities

  • Expanding into new geographic markets
  • Developing new product offerings
  • Acquiring complementary businesses
  • Leveraging data analytics
  • Integrating with other software platforms

Threats

  • Increasing competition
  • Economic downturns
  • Cybersecurity risks
  • Changing technology landscape
  • Skilled labor shortage in construction

Competitors and Market Share

competitor logo Key Competitors

  • ADSK
  • ORCL
  • TRMB

Competitive Landscape

Procore has a strong brand and comprehensive platform, but faces competition from larger, more established companies like Autodesk and Oracle. Trimble has a strong presence in hardware and software.

Major Acquisitions

Indus.ai

  • Year: 2020
  • Acquisition Price (USD millions): 80
  • Strategic Rationale: Acquired to enhance AI-powered analytics and insights capabilities within the Procore platform.

Growth Trajectory and Initiatives

Historical Growth: Procore has experienced rapid growth in recent years, driven by increased adoption of construction management software.

Future Projections: Analyst projections suggest continued growth for Procore, driven by expansion into new markets and product offerings. It is highly recommended to find recent news related to forecasts.

Recent Initiatives: Recent initiatives include expansion into international markets and the development of new product features.

Summary

Procore is a leading player in construction management software, benefiting from a comprehensive platform and strong brand. Growth is robust, driven by industry digitalization but competition is fierce from larger rivals. The company needs to monitor economic conditions and enhance customer support. Continued innovation and strategic acquisitions are critical for sustained success.

Similar Companies

ADSKratingrating

Autodesk Inc

$260.39
Large-Cap Stock
0%
PASS

ADSKratingrating

Autodesk Inc

$260.39
Large-Cap Stock
0%
PASS

MTTRratingrating

Matterport Inc

$5.4
Small-Cap Stock
10.43%
Consider higher Upturn Star rating
BUY since 60 days

MTTRratingrating

Matterport Inc

$5.4
Small-Cap Stock
BUY since 60 days
10.43%
Consider higher Upturn Star rating

TRMBratingrating

Trimble Inc

$65.38
Large-Cap Stock
0%
PASS

TRMBratingrating

Trimble Inc

$65.38
Large-Cap Stock
0%
PASS

Sources and Disclaimers

Data Sources:

  • Company Website
  • Analyst Reports
  • Industry Publications

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Market data is approximate and may vary. Real-time data should be sought for investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Procore Technologies Inc

Exchange NYSE
Headquaters Carpinteria, CA, United States
IPO Launch date 2021-05-20
Founder, Chairman, CEO & President Mr. Craig F. Courtemanche Jr.
Sector Technology
Industry Software - Application
Full time employees 4203
Full time employees 4203

Procore Technologies, Inc., together with its subsidiaries, provides a cloud-based construction management platform and related products and services in the United States and internationally. Its platform enables owners, general and specialty contractors, architects, and engineers to collaborate on construction projects. The company offers Preconstruction that facilitates collaboration between internal and external stakeholders during the takeoff, planning, budgeting, estimating, bidding, design, and partner selection phases of a construction project; and Project Execution, which enables collaboration, information transmission and storage, and safety regulation compliance for teams on the jobsite and in the back office. It also provides Resource Management, that helps customers to schedule, track, and forecast workforce and equipment productivity, improve time management, communicate with workforces, optimize procurement and movement of materials, and manage profitability on construction projects; and Financial Management, which provides customers with visibility into the financial health of their individual construction projects and portfolios, as well as facilitates untethered access to financial data, and support payments between key stakeholders. The company serves owners, general contractors, and specialty contractors operating in the residential and non-residential segments of the construction industry. The company allow users to access its products on computers, smartphones, and tablets through any web browser or from its mobile application available for iOS and Android platforms through its direct sales team. Procore Technologies, Inc. was incorporated in 2002 and is headquartered in Carpinteria, California.

Upturn is now on iOS and Android!

Experience Upturn on your mobile. Install it now!​