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Procore Technologies Inc has a consensus price target of $71.33 based on the ratings of 22 analysts. The high is $88 issued by MoffettNathanson on May 4, 2023. The low is $60 issued by DA Davidson on October 2, 2024. The 3 most-recent analyst ratings were released by Jefferies, JMP Securities, and Barclays on November 18, 2024, October 31, 2024, and October 31, 2024, respectively. With an average price target of $70.33 between Jefferies, JMP Securities, and Barclays, there's an implied -5.24% downside 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 Jefferies on November 18, 2024. The analyst firm set a price target for $70.00 expecting PCOR to fall to within 12 months (a possible -5.69% downside). 49 analyst firms have reported ratings in the last year.
The latest analyst rating for Procore Technologies (NYSE:PCOR) was provided by Jefferies, and Procore Technologies maintained their hold 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 November 18, 2024 so you should expect the next rating to be made available sometime around November 18, 2025.
While ratings are subjective and will change, the latest Procore Technologies (PCOR) rating was a maintained with a price target of $65.00 to $70.00. The current price Procore Technologies (PCOR) is trading at is $74.22, which is out of the analyst’s predicted range.
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