Procore Technologies Inc has a consensus price target of $70.65 based on the ratings of 22 analysts. The high is $88 issued by MoffettNathanson on May 4, 2023. The low is $54 issued by Barclays on August 2, 2024. The 3 most-recent analyst ratings were released by Macquarie, Scotiabank, and JMP Securities on August 2, 2024, respectively. With an average price target of $70.67 between Macquarie, Scotiabank, and JMP Securities, there's an implied 18.79% upside for Procore Technologies Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Procore Technologies (NYSE:PCOR) was reported by Macquarie on August 2, 2024. The analyst firm set a price target for $60.00 expecting PCOR to rise to within 12 months (a possible 0.86% upside). 51 analyst firms have reported ratings in the last year.
The latest analyst rating for Procore Technologies (NYSE:PCOR) was provided by Macquarie, and Procore Technologies maintained their neutral rating.
The last upgrade for Procore Technologies Inc happened on July 11, 2023 when Scotiabank raised their price target to $81. Scotiabank previously had a sector perform for Procore Technologies Inc.
The last downgrade for Procore Technologies Inc happened on August 2, 2024 when Barclays changed their price target from $78 to $54 for Procore Technologies Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Procore Technologies, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Procore Technologies was filed on August 2, 2024 so you should expect the next rating to be made available sometime around August 2, 2025.
While ratings are subjective and will change, the latest Procore Technologies (PCOR) rating was a maintained with a price target of $70.00 to $60.00. The current price Procore Technologies (PCOR) is trading at is $59.49, which is out of the analyst’s predicted range.
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