Barclays Issues Positive Forecast for Procore Technologies (NYSE:PCOR) Stock Price

Procore Technologies (NYSE:PCOR) had its price target lifted by stock analysts at Barclays from $62.00 to $85.00 in a research note issued to investors on Thursday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Barclays‘s price target would suggest a potential upside of 10.76% from the stock’s current price.

A number of other analysts have also recently weighed in on PCOR. Citizens Jmp raised their price objective on shares of Procore Technologies from $77.00 to $91.00 and gave the stock a “market outperform” rating in a report on Thursday. The Goldman Sachs Group upped their price target on shares of Procore Technologies from $70.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday. Jefferies Financial Group dropped their price target on shares of Procore Technologies from $95.00 to $75.00 and set a “buy” rating for the company in a research note on Tuesday, July 21st. Weiss Ratings upgraded shares of Procore Technologies from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, October 23rd. Finally, DA Davidson set a $56.00 price objective on shares of Procore Technologies in a research note on Monday, September 28th. Nineteen research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $80.00.

Procore Technologies Price Performance

Shares of PCOR traded up $1.15 during midday trading on Thursday, hitting $76.75. The stock had a trading volume of 5,653,461 shares, compared to its average volume of 2,877,477. The stock’s 50 day moving average is $56.99 and its 200 day moving average is $53.40. The firm has a market cap of $11.66 billion, a PE ratio of -333.07 and a beta of 0.75. Procore Technologies has a 1 year low of $38.03 and a 1 year high of $82.32.

Procore Technologies (NYSE:PCOR) last issued its quarterly earnings data on Tuesday, November 3rd. The company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.46 by $0.05. Procore Technologies had a positive return on equity of 2.59% and a negative net margin of 2.31%. The firm had revenue of $402.31 million during the quarter, compared to analyst estimates of $384.38 million. During the same quarter in the prior year, the business posted $0.42 EPS. The business’s revenue for the quarter was up 18.7% compared to the same quarter last year. As a group, equities research analysts expect that Procore Technologies will post 0.41 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Procore Technologies news, SVP William Fleming, Jr. sold 10,000 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $58.95, for a total transaction of $589,500.00. Following the transaction, the senior vice president directly owned 104,981 shares in the company, valued at approximately $6,188,629.95. This trade represents a 8.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Connor Kevin J. O sold 7,692 shares of Procore Technologies stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $54.53, for a total transaction of $419,444.76. Following the completion of the sale, the director directly owned 900,594 shares in the company, valued at approximately $49,109,390.82. This represents a 0.85% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 206,885 shares of company stock valued at $11,601,918 over the last 90 days. 16.80% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Illinois Municipal Retirement Fund acquired a new stake in shares of Procore Technologies during the 3rd quarter worth $1,387,000. Keybank National Association OH raised its position in shares of Procore Technologies by 39.0% during the 3rd quarter. Keybank National Association OH now owns 12,334 shares of the company’s stock worth $638,000 after buying an additional 3,459 shares in the last quarter. New York Life Investment Management LLC boosted its holdings in Procore Technologies by 26.7% in the third quarter. New York Life Investment Management LLC now owns 17,293 shares of the company’s stock worth $894,000 after purchasing an additional 3,640 shares in the last quarter. AlphaCore Capital LLC bought a new position in Procore Technologies in the 3rd quarter worth approximately $237,000. Finally, Fulcrum Asset Management LLP raised its stake in shares of Procore Technologies by 933.8% in the third quarter. Fulcrum Asset Management LLP now owns 8,064 shares of the company’s stock valued at $399,000 after purchasing an additional 7,284 shares in the last quarter. 81.10% of the stock is currently owned by institutional investors.

Trending Headlines about Procore Technologies

Here are the key news stories impacting Procore Technologies this week:

• Positive Sentiment: Several firms raised price targets on November 5: Citizens JMP to $91, Goldman Sachs, Piper Sandler, BTIG and Cantor Fitzgerald to $90, and Guggenheim to $85. Loop Capital also upgraded PCOR from Hold to Buy with a $93 target. These targets imply meaningful potential upside from the roughly $75.68 reference price and reinforce positive sentiment after the company’s results. Goldman Sachs rating update Loop Capital rating update
• Positive Sentiment: The latest analyst optimism follows a Q3 earnings and revenue beat: adjusted EPS was $0.51 versus estimates around $0.45–$0.46, while revenue of $402.3 million topped expectations and grew 18.7% year over year. Management said revenue and margins exceeded the high end of guidance. Procore Q3 2026 results
• Neutral Sentiment: A Procore director sold 7,692 shares for about $419,000, reducing his holdings by 0.85%. The sale was made under a pre-arranged 10b5-1 trading plan, which may limit its significance as a signal about the company’s outlook. Director stock sale report

About Procore Technologies

Procore Technologies, Inc provides cloud-based construction management software through its Procore platform. The company’s technology is designed to connect owners, general and specialty contractors, architects, engineers and other construction professionals throughout the project lifecycle.

Procore’s products and services support preconstruction planning, project management, financial management, quality and safety programs, workforce management, construction intelligence and collaboration.