Porch Group (PRCH) Expected to Release Quarterly Earnings on Wednesday

Porch Group (NASDAQ:PRCHGet Free Report) is expected to be issuing its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect the company to post earnings of ($0.04) per share and revenue of $122.2050 million for the quarter. Investors can find conference call details on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 5:00 PM ET.

Porch Group (NASDAQ:PRCHGet Free Report) last released its quarterly earnings data on Tuesday, April 28th. The company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.10) by $0.06. The business had revenue of $109.44 million during the quarter, compared to analysts’ expectations of $94.72 million. Porch Group had a negative return on equity of 115.59% and a negative net margin of 3.41%. On average, analysts expect Porch Group to post $-0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Porch Group Price Performance

Shares of PRCH stock opened at $13.15 on Wednesday. The company has a debt-to-equity ratio of 14.87, a quick ratio of 1.28 and a current ratio of 1.28. Porch Group has a fifty-two week low of $6.36 and a fifty-two week high of $19.44. The firm has a market cap of $1.68 billion, a P/E ratio of -77.35 and a beta of 3.13. The business’s 50 day moving average price is $11.96 and its 200-day moving average price is $9.49.

Insider Buying and Selling

In other Porch Group news, CEO Matt Ehrlichman sold 124,089 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $9.79, for a total transaction of $1,214,831.31. Following the transaction, the chief executive officer owned 16,564,822 shares in the company, valued at approximately $162,169,607.38. This represents a 0.74% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Matthew Neagle sold 64,274 shares of the stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $9.79, for a total value of $629,242.46. Following the completion of the transaction, the chief operating officer directly owned 2,297,724 shares of the company’s stock, valued at $22,494,717.96. This represents a 2.72% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 1,593,228 shares of company stock worth $15,658,844 in the last quarter. Company insiders own 27.78% of the company’s stock.

Hedge Funds Weigh In On Porch Group

A number of institutional investors have recently added to or reduced their stakes in the company. Aster Capital Management DIFC Ltd lifted its position in Porch Group by 97.4% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 3,002 shares of the company’s stock valued at $27,000 after buying an additional 1,481 shares during the period. Larson Financial Group LLC grew its position in shares of Porch Group by 444.8% in the 3rd quarter. Larson Financial Group LLC now owns 1,836 shares of the company’s stock worth $31,000 after buying an additional 1,499 shares during the period. Kemnay Advisory Services Inc. purchased a new stake in shares of Porch Group in the 4th quarter worth about $38,000. nVerses Capital LLC bought a new position in shares of Porch Group in the 4th quarter worth about $102,000. Finally, SummitTX Capital L.P. bought a new position in shares of Porch Group in the 4th quarter worth about $108,000. Institutional investors own 48.48% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on PRCH shares. Benchmark raised their price target on Porch Group from $21.00 to $22.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Keefe, Bruyette & Woods reissued a “market perform” rating and set a $16.25 price objective (up from $13.00) on shares of Porch Group in a research report on Monday, July 13th. Stephens began coverage on shares of Porch Group in a report on Monday, May 4th. They issued an “overweight” rating and a $12.00 price objective for the company. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Porch Group in a research report on Friday, May 22nd. Six analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $18.54.

Read Our Latest Analysis on Porch Group

Porch Group Company Profile

(Get Free Report)

Porch Group, Inc operates a technology-driven home services platform designed to connect homeowners with professional contractors, maintenance providers and home improvement specialists. Through its online marketplace and proprietary software solutions, Porch enables users to research, compare and book services ranging from home repairs and remodeling to maintenance and renovations. The company’s platform integrates detailed provider profiles, customer reviews and real-time appointment scheduling to streamline the process of sourcing and managing home projects.

In addition to its core marketplace, Porch offers software products tailored for service professionals.

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Earnings History for Porch Group (NASDAQ:PRCH)

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