Why Is PROCORE TECHNOLOGIES (PCOR) Stock Up Today?
PROCORE TECHNOLOGIES (PCOR) is up +15.32% in the latest session. Our newswire has captured 5 stories on PCOR across 4 sources in the last 36 hours, with AI sentiment reading bullish (avg 62/100).
PCOR stock rose 8.76% to $46.58 on Wednesday as multiple analysts maintained or upgraded their ratings on the stock. Despite ongoing concerns about AI disruption in the construction software sector, recent analyst activity has reinforced confidence in Procore Technologies' long-term potential.
What Happened
BTIG, Guggenheim, Jefferies, and Barclays all reiterated or adjusted their positive ratings on Procore Technologies in recent days. BTIG maintained a Buy rating with a $66 price target. Guggenheim initiated coverage with a Buy and a $68 price target. Jefferies kept its Buy rating but reduced its price target to $75. Barclays also maintained an Overweight rating, though it lowered its price target to $50. These actions suggest continued optimism among institutional analysts about Procore's strategic direction and market positioning. The company also announced the launch of its Connected Common Data Environment, a new platform intended to streamline construction project management and enhance collaboration.
What The Data Shows
Procore Technologies has a market capitalization of $6.5 billion and remains unprofitable with a trailing twelve-month (TTM) earnings per share (EPS) of -0.51. The company reported a TTM revenue growth of 14.9%, but its net margin remains negative at -5.6%. The stock has traded between $38.03 and $82.31 over the past 52 weeks. In the last 90 days, insiders have sold a total of $9.0 million worth of shares, with no buy transactions reported. Meanwhile, Donald J. Trump has made several small trades in the stock, including both purchases and sales within a $1,001 to $50,000 range during February 2026.
What To Watch
The stock has seen strong analyst coverage in recent days, but no upcoming earnings date was provided. Investors should monitor the breadth of analyst commentary and any new developments related to the company's Connected Common Data Environment platform.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Public view is delayed 4 hours from real time. Not financial advice.
PCOR by the numbers
The headlines behind the move
Procore reports Q3 EPS 51c, consensus 45c
Procore Technologies Non-GAAP EPS of $0.51 beats by $0.06, revenue of $402.3M beats by $18.33M
Procore Q3 earnings beat on EPS and revenue, with strong 2026 guidance and margin outlook lifting shares 11%.
PROCORE TECHNOLOGIES, INC. (PCOR) files 8-K
Filed: 2026-11-03 AccNo: 0001611052-26-000002 Size: 631 KB Item 2.02: Results of Operations and Financial Condition Item 9.01: Financial Statements and Exhibits
Procore Announces Third Quarter 2026 Financial Results
Frequently asked questions
Why is PCOR stock up today?
PROCORE TECHNOLOGIES (PCOR) is up +15.32% in the latest session. Our newswire has captured 5 stories on PCOR across 4 sources in the last 36 hours, with AI sentiment reading bullish (avg 62/100). The most recent driver: "Procore sees Q4 revenue $420M-$422M, consensus $396.1M" (The Fly).
Is PCOR a buy right now?
Top Tier Newswire does not give financial advice. Our AI sentiment across the last 36 hours of PCOR coverage reads 62/100 over 5 stories; treat it as a research signal and do your own diligence.
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More on PCOR: full news and sentiment history. Sentiment scores are AI-derived research signals, not financial advice.