Procore Technologies (PCOR) Expected to Release Quarterly Earnings on Wednesday

Procore Technologies (NYSE:PCOR) is expected to release its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect Procore Technologies to announce earnings of $0.41 per share and revenue of $365.8650 million for the quarter. Parties can find conference call details on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, July 30, 2026 at 8:30 AM ET.

Procore Technologies (NYSE:PCOR) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.02). The company had revenue of $359.28 million for the quarter, compared to the consensus estimate of $352.82 million. Procore Technologies had a negative return on equity of 2.24% and a negative net margin of 5.61%.The business’s revenue was up 15.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.23 EPS. On average, analysts expect Procore Technologies to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Procore Technologies Stock Performance

Shares of NYSE PCOR opened at $44.38 on Wednesday. The business’s 50-day simple moving average is $44.76 and its 200-day simple moving average is $53.20. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.12 and a current ratio of 1.12. Procore Technologies has a 52 week low of $38.03 and a 52 week high of $82.32. The firm has a market cap of $6.70 billion, a price-to-earnings ratio of -87.01 and a beta of 0.75.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. BTIG Research reaffirmed a “buy” rating and set a $66.00 target price on shares of Procore Technologies in a research report on Wednesday, May 6th. UBS Group dropped their price target on shares of Procore Technologies from $74.00 to $68.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Jefferies Financial Group reduced their price objective on shares of Procore Technologies from $95.00 to $75.00 and set a “buy” rating for the company in a research note on Tuesday. The Goldman Sachs Group lowered their target price on shares of Procore Technologies from $80.00 to $70.00 and set a “buy” rating on the stock in a research note on Thursday, May 7th. Finally, Barclays dropped their target price on shares of Procore Technologies from $65.00 to $50.00 and set an “overweight” rating on the stock in a report on Monday, July 13th. Sixteen research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Procore Technologies currently has an average rating of “Moderate Buy” and an average target price of $70.62.

Insider Activity

In related news, Director Connor Kevin J. O sold 5,769 shares of the company’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $41.93, for a total value of $241,894.17. Following the completion of the transaction, the director directly owned 967,901 shares in the company, valued at approximately $40,584,088.93. This represents a 0.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Craig F. Jr. Courtemanche sold 56,122 shares of Procore Technologies stock in a transaction on Friday, July 10th. The stock was sold at an average price of $43.90, for a total transaction of $2,463,755.80. Following the sale, the chairman owned 919,704 shares in the company, valued at $40,375,005.60. This represents a 5.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 189,621 shares of company stock worth $8,791,847. Company insiders own 16.80% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Invesco Ltd. grew its stake in shares of Procore Technologies by 9.7% in the 4th quarter. Invesco Ltd. now owns 132,034 shares of the company’s stock valued at $9,604,000 after purchasing an additional 11,673 shares during the period. Corient Private Wealth LLC lifted its position in shares of Procore Technologies by 7.9% during the 4th quarter. Corient Private Wealth LLC now owns 5,302 shares of the company’s stock worth $387,000 after buying an additional 389 shares during the period. Vident Advisory LLC boosted its stake in Procore Technologies by 6.0% in the 4th quarter. Vident Advisory LLC now owns 3,860 shares of the company’s stock valued at $281,000 after buying an additional 219 shares in the last quarter. XN LP grew its position in Procore Technologies by 0.5% in the fourth quarter. XN LP now owns 2,323,031 shares of the company’s stock valued at $168,977,000 after acquiring an additional 11,481 shares during the period. Finally, XTX Topco Ltd acquired a new position in Procore Technologies during the fourth quarter worth $4,779,000. Institutional investors own 81.10% of the company’s stock.

About Procore Technologies

Procore Technologies, Inc engages in the provision of a cloud-based construction management platform and related software products in the United States and internationally. The company’s platform enables owners, general and specialty contractors, architects, and engineers to collaborate on construction projects. It offers Preconstruction that facilitates collaboration between internal and external stakeholders during the planning, budgeting, estimating, bidding, and partner selection phase of a construction project; and Project Execution, which enables real-time collaboration, information storage, design, BIM model clash detection, and regulation compliance for teams on the jobsite and in the back office.