Procore Technologies Stock News

Despite recent stock declines, I remain bullish on Procore's long-term growth, especially with market opportunities both domestically and internationally. Procore's CEO transition introduces risk as does the ever-changing tariff situation. Procore's focus on AI-driven product enhancements and strategic BIM acquisitions strengthens its competitive edge and should keep client retention high.

In 2024, the homes and buildings industry saw a 6.9% growth, thriving amid uncertainties. Projections for 2025 range from 4.3% to 8.6%, fueled by AI, IoT, and smart solutions. Despite challenges like rising O&M costs and labor shortages, innovations in AI and automation are reshaping the industry. In 2024, the homes and buildings industry saw a 6.9% growth, thriving amid uncertainties. Projecti...

CARPINTERIA, Calif. & LONDON--(BUSINESS WIRE)--Procore Technologies, Inc. (NYSE: PCOR), a leading technology partner for every stage of construction, today announced investments in its Building Information Modeling (BIM) capabilities. Expanding on its existing BIM offerings, Procore has announced its acquisitions of Novorender and FlyPaper, which upon integration will empower owners and contrac...

Procore Technologies, Inc. (NYSE:PCOR ) Q1 2025 Earnings Conference Call May 1, 2025 5:00 PM ET Company Participants Alexandra Geller - Head-Investor Relations Tooey Courtemanche - Founder, President and Chief Executive Officer Howard Fu - Chief Financial Officer Conference Call Participants Saket Kalia - Barclays Dylan Becker - William Blair Joe Vruwink - Baird Brent Bracelin - Piper Sandler M...

CARPINTERIA, Calif.--(BUSINESS WIRE)--Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today announced financial results for the first quarter ended March 31, 2025. “Our Q1 performance represented a positive start to the year, reflecting our measurable ROI for our customers,” said Tooey Courtemanche, Founder, President, and CEO of Procore...

Procore's Q4 earnings exceeded expectations, with revenue at $302M (16% YoY) and a gross margin of 81%, despite industry headwinds. The company continues to gain market share and win deals, with Q4 revenue growth of 16% YoY, outpacing many peers. Procore's diversified customer base and global reach enhance its durability, with high retention rates and significant international revenue growth.

Procore Technologies' stock offers a compelling buy opportunity at around the same price as six months ago. The company posted $1.15 billion in revenue for 2024, with 21.2% year-over-year growth, despite macroeconomic headwinds. Procore's valuation remains attractive compared to Autodesk, trading at lower EV/Revenue multiples while growing faster.

CARPINTERIA, Calif.--(BUSINESS WIRE)---- $PCOR--Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today announced that it will report its first quarter fiscal year 2025 financial results after the U.S. financial markets close on Thursday, May 1, 2025. In conjunction with this announcement, Procore will host a conference call on Thursday, M...