
Procore Technologies (PCOR) Stock Forecast & Price Target
Procore Technologies (PCOR) Analyst Ratings
Bulls say
Procore Technologies Inc. demonstrated robust financial performance, projecting FY25 revenues between $1,299M and $1,302M, reflecting a year-over-year increase of 12.8% to 13.0%. The company also reported a significant 21% year-over-year growth in the number of large deals, including six and seven-figure contracts, indicating strong demand for its cloud-based software products. Additionally, Procore's anticipated improvements in profitability and a diversified customer base position it favorably for sustainable growth as it prepares to enhance its Rule of 40 profile in FY26.
Bears say
Procore Technologies Inc. faces several headwinds that contribute to a negative outlook on its stock, including an anticipated slight retreat in operating margins to 14.4% in Q4 without one-time G&A benefits and a gross margin of 83.4% that fell short of expectations. The company's cash flow from operations (CFFO) and free cash flow (FCF) also reported figures significantly below analyst estimates, indicating potential liquidity challenges. Furthermore, the overall construction industry is grappling with a labor shortage and stagnant productivity, which could impair Procore's ability to sustain growth amidst declining overall industry volumes.
This aggregate rating is based on analysts' research of Procore Technologies and is not a guaranteed prediction by Public.com or investment advice.
Procore Technologies (PCOR) Analyst Forecast & Price Prediction
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