Porch Group, Inc. (NASDAQ:PRCH) Receives $17.21 Consensus PT from Analysts

Shares of Porch Group, Inc. (NASDAQ:PRCHGet Free Report) have been assigned an average rating of “Moderate Buy” from the nine research firms that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $17.3571.

PRCH has been the topic of a number of research reports. Zacks Research upgraded shares of Porch Group from a “strong sell” rating to a “hold” rating in a research report on Friday, March 6th. Benchmark upped their price target on Porch Group from $21.00 to $22.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Keefe, Bruyette & Woods raised Porch Group from a “market perform” rating to an “outperform” rating and lowered their price target for the company from $13.00 to $10.50 in a research note on Wednesday, February 11th.

Read Our Latest Report on PRCH

Insider Buying and Selling

In related news, CEO Matt Ehrlichman sold 115,642 shares of the stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $8.11, for a total transaction of $937,856.62. Following the completion of the sale, the chief executive officer directly owned 16,688,911 shares of the company’s stock, valued at approximately $135,347,068.21. This represents a 0.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Matthew Neagle sold 59,901 shares of the company’s stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $8.11, for a total value of $485,797.11. Following the transaction, the chief operating officer directly owned 2,361,998 shares of the company’s stock, valued at approximately $19,155,803.78. This trade represents a 2.47% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 1,318,151 shares of company stock valued at $9,948,497. 23.32% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Porch Group

A number of large investors have recently bought and sold shares of PRCH. The Manufacturers Life Insurance Company increased its position in shares of Porch Group by 3.8% in the second quarter. The Manufacturers Life Insurance Company now owns 29,657 shares of the company’s stock worth $350,000 after purchasing an additional 1,090 shares during the period. Alliancebernstein L.P. grew its position in Porch Group by 1.5% in the third quarter. Alliancebernstein L.P. now owns 80,410 shares of the company’s stock valued at $1,349,000 after acquiring an additional 1,200 shares during the last quarter. Prudential Financial Inc. grew its position in Porch Group by 9.4% in the second quarter. Prudential Financial Inc. now owns 14,220 shares of the company’s stock valued at $168,000 after acquiring an additional 1,220 shares during the last quarter. Aster Capital Management DIFC Ltd grew its position in Porch Group by 956.3% in the third quarter. Aster Capital Management DIFC Ltd now owns 1,521 shares of the company’s stock valued at $26,000 after acquiring an additional 1,377 shares during the last quarter. Finally, Larson Financial Group LLC grew its position in Porch Group by 444.8% in the third quarter. Larson Financial Group LLC now owns 1,836 shares of the company’s stock valued at $31,000 after acquiring an additional 1,499 shares during the last quarter. Institutional investors and hedge funds own 48.48% of the company’s stock.

Porch Group News Summary

Here are the key news stories impacting Porch Group this week:

  • Positive Sentiment: Q1 beat and raised guidance — Porch reported Q1 revenue of $109.4M and EPS (‑$0.04) that beat consensus, and management raised FY2026 revenue guidance, citing stronger insurance and marketplace trends. This supports upside to growth and margins. Q1 Earnings Call Highlights
  • Positive Sentiment: Analyst support — Oppenheimer (reported coverage) put a buy on PRCH, adding institutional recognition that can help sentiment and liquidity. Oppenheimer Buy Note
  • Neutral Sentiment: Regulatory/risk disclosure unchanged — the company filed an updated risk disclosure entry (Regulation category) but did not add material new risks; watch for any follow‑ups. Risk Disclosure Item
  • Negative Sentiment: Large insider sales (April 28 filings) — CEO Matt Ehrlichman, COO Matthew Neagle and CFO Shawn Tabak sold substantial blocks (combined six‑figure proceeds) reported as tax‑withholding related to vested awards. Even if labelled tax sales, the size and timing can prompt selling pressure and investor concern. CEO filing: CEO Form 4 • COO filing: COO Form 4 • CFO filing: CFO Form 4
  • Negative Sentiment: GAAP unprofitability remains — despite improved adjusted metrics (Adjusted EBITDA), Porch reported a small GAAP net loss (~$4.7M in Q1) and negative ROE/net margin, which keeps valuation and execution risk elevated. Q1 Results Release

Porch Group Stock Down 4.9%

Shares of NASDAQ:PRCH opened at $9.63 on Friday. Porch Group has a 52 week low of $5.83 and a 52 week high of $19.44. The company has a debt-to-equity ratio of 14.87, a quick ratio of 1.30 and a current ratio of 1.28. The company’s fifty day moving average is $7.68 and its 200-day moving average is $9.35. The company has a market capitalization of $1.20 billion, a PE ratio of -56.64 and a beta of 3.09.

Porch Group (NASDAQ:PRCHGet Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The company reported ($0.04) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.06. The business had revenue of $109.44 million for the quarter, compared to the consensus estimate of $94.72 million. Porch Group had a negative net margin of 3.41% and a negative return on equity of 115.59%. Equities research analysts predict that Porch Group will post 0.02 earnings per share for the current fiscal year.

About Porch Group

(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.

Featured Stories

Analyst Recommendations for Porch Group (NASDAQ:PRCH)

Receive News & Ratings for Porch Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Porch Group and related companies with MarketBeat.com's FREE daily email newsletter.