About Procore Technologies, Inc. Common Stock (PCOR)
Procore Technologies is a leading provider of construction management software designed to streamline project communication and efficiency in the building industry. The platform offers a comprehensive suite of tools that facilitate collaboration among project teams, including functionalities for project scheduling, budgeting, document management, and field management. By centralizing project data and improving real-time communication, Procore aims to enhance productivity, reduce risk, and ultimately transform the way construction projects are planned and executed. The company's solutions cater to a variety of stakeholders in the construction sector, including general contractors, subcontractors, and owners, helping them achieve better visibility and control over their construction projects. Read More
Construction management software maker Procore (NYSE:PCOR) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 15.3% year on year to $310.6 million. The company expects next quarter’s revenue to be around $311 million, close to analysts’ estimates. Its non-GAAP profit of $0.23 per share was 25% above analysts’ consensus estimates.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at design software stocks, starting with Unity (NYSE:U).
Growth boosts valuation multiples, but it doesn’t always last forever.
Companies that cannot maintain it are often penalized with large declines in market value, a lesson ingrained in investors who lost money in tech stocks during 2022.
Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings.
However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats.
Construction management software maker Procore (NYSE:PCOR) reported Q1 CY2025 results exceeding the market’s revenue expectations, with sales up 15.3% year on year to $310.6 million. On the other hand, next quarter’s revenue guidance of $311 million was less impressive, coming in 1.4% below analysts’ estimates. Its non-GAAP profit of $0.23 per share was 24.4% above analysts’ consensus estimates.
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.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Cadence (NASDAQ:CDNS) and the best and worst performers in the design software industry.
A number of stocks jumped in the morning session after President Trump clarified that he had no intention of removing Federal Reserve Chair Jerome Powell, a statement that helped calm markets. Earlier remarks had sparked fears of political interference in decision making at the central bank.
With Trump walking back his earlier comments, investors likely felt more assured that monetary policy decisions would continue to be guided by data, not drama. That kept the Fed's word credible, and more importantly, gave investors a steadier compass to figure out where rates and the markets were headed next.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the vertical software industry, including Q2 Holdings (NYSE:QTWO) and its peers.
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.
Wall Street is overwhelmingly bullish on the stocks in this article, with price targets suggesting significant upside potential.
However, it’s worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover.
Procore Technologies, Inc. (NYSE: PCOR), a leading technology partner for every stage of construction, today released its first ever Future State of Construction Report, offering a data-driven look at the key trends and challenges shaping the construction industry across the next decade.
While the broader market has struggled with the S&P 500 down 4.1% since September 2024, Procore has surged ahead as its stock price has climbed by 8.2% to $66.80 per share. This run-up might have investors contemplating their next move.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the design software industry, including Autodesk (NASDAQ:ADSK) and its peers.
Procore Technologies, Inc. (NYSE: PCOR) (“Procore” or the “Company”), the leading global provider of construction management software, today announced that Founder, President and CEO, Tooey Courtemanche, intends to transition to Executive Chairman upon the appointment of a successor. In this position, he will continue to be deeply involved in the business and lead the Board. Until that time, there will be no changes to Courtemanche’s current role as CEO.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Procore (NYSE:PCOR) and the rest of the design software stocks fared in Q4.
