procore stock ipo
According to 23 analysts, the average rating for PCOR stock is "Buy." Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Procore Technologies Stock Up 1.2 %. Procore Technologies updated its first quarter 2023 earnings guidance on Monday, February, 20th. 40.00% of the stock of Procore Technologies is held by insiders. Their stock opened with $77.00 in its Oct 14, 2021 IPO. Procore on May 10 sought an $8 billion valuation by offering shares priced between $60 and $65 each, after it had delayed the IPO by a year due to choppy market conditions stemming from the. That mission, both Lyandres and Courtemanchesaid, is to connectall facets of construction on a global platform to better manage project information from concept to delivery. Today Procore trades on the New York Stock Exchange under the ticker PCOR. 2021 IPO Procore Technologies Stock Cloud-Based Construction Management Software Founded 2002 Notable Investors Bessemer Venture Partners Headquarters Carpinteria CA, US Total Funding $708M About Procore Technologies Stock Founded in 2003 as Courtemanche was going through the experience of building his own home, the fledgling company initially offered to set up WiFi on the sites of its first customers to provide connectivity for project managers to use its cloud services. The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023. "When we paused last year, we wanted to make sure that our employees were safe, that we could lean in and support the [construction]industry, help it work through and navigate what was going to be a very uncertain time," Procore CFO Paul Lyandres said during a phone interview with ENR shortly after trading opened. Michael Ernst, vice president of construction technologies at Minneapolis-based general contractor Ryan Cos., said Procore's platform helped it weather the pandemic with its ability to showobjectivelywhich projects required more attention. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. In addition, the underwriters have been granted a 30-day option to purchase up to an additional 2,867,647 shares of common stock at the initial public offering price, less the underwriting . The shares are listed for trading on the New York Stock Exchange under the ticker symbol PCOR.. View PCOR analyst ratings or view top-rated stocks. Procore Technologies, Inc. provides a cloud-based construction management platform and related software products in the United States and internationally. Type a symbol or company name. Procore,. To make the world smarter, happier, and richer. He lives in Chicago, the birthplace of the skyscraper, where the pace of innovation never leaves him without a story to chase. Jeff previously launched Building Design + Construction's building information modeling blog and wrote a geographic information systems column at CE News. SaaSProcore Technologies8000 PROCORE400 May 20 (Reuters) - Construction software startup Procore Technologies IncPCOR.N on Thursday priced its U.S. initial public offering at $67 per share, higher than the range it announced earlier this month. Learn More. Because we want the folks who are looking to hold the stock for 10 plus years.". However, there's nuance to this estimate. Procore Technologies employs 3,568 staff and has a trailing 12-month revenue of around $720.2 million. By providing your email address below, you are providing consent to Procore to send you the requested Investor Email Alert updates. They also acknowledged the still daunting task of connecting so many still disparate systems to better manage information and move construction forward. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. PTEC has a total of 37 holdings and holds stocks. There are currently 3 hold ratings and 11 buy ratings for the stock. A high percentage of insider ownership can be a sign of company health. We partner with schools and trade unions. In addition, Procore has granted the underwriters a 30-day option to purchase up to an additional 940,000 shares of common stock at the initial public offering . Copyright 2023 MarketWatch, Inc. All rights reserved. The company sold 9.47. What is Procore Technologies' stock symbol? (844) 978-6257. contact@marketbeat.com The company is also home to more than 1.6 million users around the globe with more than $1 trillion of construction volume run on the platform. The company offers freight listing, matching, and brokerage services; and online transaction services, as well as various value-added services, such as credit solutions, insurance brokerage, electronic toll collection, and energy services. Procor is a provider of cloud-based construction management software. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. And now we get to see what the market actually thinks. Subscriber Agreement & Terms of Use | If the company debuts at its highest estimated price point of $65, the IPO would raise $676.7 million in capital for Procore and its selling shareholders. Compare Top Brokerages Here. "Procores IPO is a significant moment in our journey," CEO and founder Tooey Courtemanche said in a statement. Our daily ratings and market update email newsletter. Get short term trading ideas from the MarketBeat Idea Engine. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Shares of PCOR are currently trading more than 27% higher at the time of writing on impressive investor demand. TORONTO--(BUSINESS WIRE)--Procore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, today announced that Houle Electric Ltd. has selected Procore Techno CARPINTERIA, Calif.--(BUSINESS WIRE)--Procore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, today announced Olga Kibler as its chief people officer, CARPINTERIA, Calif.--(BUSINESS WIRE)--Procore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, today announced the winners of the 2022 Groundbreaker Aw Procore Technologies (PCOR) delivered earnings and revenue surprises of 47.06% and 6.44%, respectively, for the quarter ended September 2022. Procore's IPO price range has been set at between $60 to $65 per share. All rights reserved. Export data to Excel for your own analysis. Johnson & Johnson stock up 1.9% premarket, Johnson & Johnson now sees full-year adj. That's nearly double the valuation of its closest competitor, Autodesk (ADSK 1.25%), which trades at a multiple of 16. The New York Stock Exchange is the premier venue for global capital raising, and the exchange of choice for issuers. "If that is not the type of company that you are trying to align with, then we are not the company for you to invest in today. The firm purchased 5,006 shares of the company's stock, valued at approximately $236,000. There's just so much opportunity here.". In 2020, it was $400 million. Press Contact press@procore.com He was a veteran of the first dot-com bubble, living in Santa Barbara, and had spent a decade . "That's why we have so many ecosystem partners that we integrate with. Should I buy or sell Procore Technologies stock right now? Earnings for Procore Technologies are expected to grow in the coming year, from ($1.69) to ($1.60) per share. Disgruntled Franchisee's Push McDonald's To Pursue Cost Cuts, Healthcare Innovation Drives Medical Device Makers To New Highs, JMP Securities Reiterates Procore Technologies (PCOR) Market Outperform Recommendation, Mizuho Maintains Procore Technologies (PCOR) Buy Recommendation, [BREAKING] New "Living Missile" to Replace Nuclear Missiles, Mizuho Cuts Procore Technologies (NYSE:PCOR) Price Target to $75.00, Procore Announces Timing of First Quarter Fiscal Year 2023 Earnings Call, Connor Kevin J. O Sells 5,128 Shares of Procore Technologies, Inc. (NYSE:PCOR) Stock, Procore Technologies, Inc. (NYSE:PCOR) Director Connor Kevin J. O Sells 5,128 Shares, Procore Technologies (NYSE:PCOR) Shares Down 4.1% After Insider Selling, Craig F. Jr. Courtemanche Sells 24,209 Shares of Procore Technologies, Inc. (NYSE:PCOR) Stock, Analysts Set Procore Technologies, Inc. (NYSE:PCOR) Price Target at $72.62, Q1 2023 Earnings Forecast for Procore Technologies, Inc. (NYSE:PCOR) Issued By DA Davidson, Head-To-Head Review: Procore Technologies (NYSE:PCOR) & Dynatrace (NYSE:DT), DA Davidson Initiates Coverage of Procore Technologies (PCOR) with Buy Recommendation, Procore Technologies (NYSE:PCOR) Earns Buy Rating from Analysts at DA Davidson, Procore Launches Construction Insurance Brokerage to Empower Builders, Institutional owners may ignore Procore Technologies, Inc.'s (NYSE:PCOR) recent US$756m market cap decline as longer-term profits stay in the green, IBD 50 Stocks To Watch: Software Leader Procore Technologies Breaks Out Amid 64% Rally, Home Depot Sinks Stock Market; S&P 500 Breaks Support; Meme Stock DraftKings Probes Buy Signal, Analyst Expectations for Procore Technologies's Future, Procore Appoints Sarah Hodges as Chief Marketing Officer, Procore Technologies, Inc. (PCOR) Q4 2022 Earnings Call Transcript, Procore Technologies (PCOR) Reports Q4 Loss, Tops Revenue Estimates, Procore CFO Lyandres becomes fintech president, Procore Announces Fourth Quarter and Full Year 2022 Financial Results, Earnings Outlook For Procore Technologies, Five Elms Celebrates Prestigious Recognition, view top-rated stocks among Wall Street analysts, Global X Founder-Run Companies ETF (BOSS), Goldman Sachs Future Tech Leaders Equity ETF (GTEK), WisdomTree Artificial Intelligence and Innovation Fund (WTAI), Nuveen Global Net Zero Transition ETF (NTZG). Sell Personal Information, Environmental, Social, & Governance (ESG). Receive PCOR Stock News and Ratings via Email. Traditional software solutions are still commonly used, but for the bulk of the construction management process, they are inadequate for meeting firms' needs. Real-time analyst ratings, insider transactions, earnings data, and more. For the best MarketWatch.com experience, please update to a modern browser. Procore was recently given a potential price in the $60 to $65 range for its IPO. Procore's Inaugural Environmental, Social and Governance Report Highlights Commitment to Building a Sustainable Future, Electrical Contractor Houle to Manage Hybrid Workplaces and Distributed Teams with Procore, Procore Appoints Olga Kibler as Chief People Officer, Procore Announces Winners of 2022 Groundbreaker Awards, Procore Launches in Germany to Expand Growth Across Europe, Procore Announces Innovations to Address Challenges Associated with Payments, Preconstruction and Labor Shortage, Procore Technologies (PCOR) Reports Q3 Loss, Tops Revenue Estimates, Procore Announces Third Quarter 2022 Financial Results, PermitFlow Announces their Construction Permit Software Integration on Procore's Marketplace, Dodge Construction Network Identifies Top Business Issues for Specialty Contractors in New Report, Dodge Construction Network's 2022 Top Business Issues for Specialty Contractors Report Identifies Labor Shortage, Supply Chain and Rework as Key Obstacles for Specialty Contractors, Procore Announces Timing of Third Quarter Fiscal Year 2022 Earnings Call. After submitting your request, you will receive an activation email to the requested email address. Procore Technologies, Inc. was incorporated in 2002 and is headquartered in Carpinteria, California. Do the numbers hold clues to what lies ahead for the stock? Goldman Sachs and J.P. Morgan are acting as joint lead book-running managers for the proposed offering. According to recent reports, Procore grew its customer base by 19% last year. 14 Wall Street research analysts have issued 12-month price targets for Procore Technologies' shares. The company has a market capitalization of $7.45 billion, a PE ratio of -25.30 and a beta of 0.58. Procore Technologies' stock is owned by a variety of retail and institutional investors. In fact, in 2020, Procore spent roughly 78% of its revenue on expenses related to sales and marketing or research and development. Privacy Notice | The company's average rating score is 2.79, and is based on 11 buy ratings, 3 hold ratings, and no sell ratings. Procore | Construction Management Software Construction Management Software Make it easier to manage construction. One of the companies she launched . Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Barclays Capital Inc., and Jefferies LLC acted as lead book-running managers for the proposed offering. These different stakeholders are also operating from both the office and the job site simultaneously, so they require a central destination to store files and collaborate. Intraday Data provided by FACTSET and subject to terms of use. Unlike other industries, construction requires specified solutions due to its unique complexities. That's a far different outlook from May, when Procore shelved its IPO amid market uncertainty. Procore Technologies shares (PCOR) are listed on the NYSE and all prices are listed in US Dollars. CARPINTERIA, Calif., May 24, 2021 - Procore Technologies, Inc. (NYSE: PCOR), a leading provider of construction management software, today announced the closing of its initial public offering of 10,410,000 shares of its common stock, including the full exercise by the underwriters of their option to purchase 940,000 additional shares of common Copyright 2023. Procore's revenue in 2012 was $4.8 million. However, the IPO is now on the table again, after a new S-1/A filing in March 2021, with updates in April and May. As part of the offering, Doximity reserved 15% of the. All Rights Reserved BNP Media. Create a list of the investments you want to track. PNC Financial Services Group Inc. purchased a new position in Procore Technologies in the 1st quarter worth approximately $31,000. (PCOR) raised $594 million in an initial public offering on Thursday, May 20th 2021. The Motley Fool recommends Coupang, Inc. The company has a market cap of $7.45 billion, a P/E ratio of -25.30 and a beta of 0.58. Please log in to your account or sign up in order to add this asset to your watchlist. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 2023, Nasdaq, Inc. All Rights Reserved. Procore Technologies (NYSE:PCOR) has a market capitalization of $7.45 billion and generates $720.20 million in revenue each year. What Investors Need to Know About the PCOR Stock IPO The Procore IPO was initially priced at $67 per share. How were Procore Technologies' earnings last quarter? . Goldman Sachs, J.P. Morgan, Barclays and Jefferies served as the underwriters for the IPO and Canaccord Genuity, KeyBanc Capital Markets, Oppenheimer, Piper Sandler, Stifel and William Blair were co-managers. He is a two-time Jesse H. Neal award winner and multiple ASBPE winner for his tech coverage. In-depth profiles and analysis for 20,000 public companies. The Carpinteria, Calif.-based company had filed for an IPO in early 2020 but postponed the effort due to the COVID-19 pandemic before re-filing a year later. Goldman Sachs and Tiger Management Corporation are the most recent investors. Analyze up to 10 years of full 10K Annual Reports and Quarterly 10Q SEC filings for Procore Technologies, Inc. using our online tools. By Brian Feinstein 5.17.21 VERTICAL SOFTWARE. The IRS Is Urging Millions of Early Filers to Amend Their Tax Return, 1 Warren Buffett Index Fund Could Turn $100 Per Week into $1 Million, 2 Stocks That Could Join Apple, Microsoft, Amazon, and Alphabet in the $1 Trillion Club, Prediction: These Will Be 3 of the Biggest Monster Stocks of the Decade, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Copyright, Trademark and Patent Information. It generated revenues of $113.9 million in Q1 . The company reported ($0.42) earnings per share for the quarter, missing the consensus estimate of ($0.40) by $0.02. Procore Technologies Trading Up 1.2 %. This suggests a possible upside of 35.9% from the stock's current price. Intraday data delayed at least 15 minutes or per exchange requirements. In 2020 alone, Procore generated $400 million in revenue, a 256% increase from three years prior. He also wrote about materials prices, construction procurement and estimation for MetalMiner.com. The post PCOR Stock IPO: 8 Things to Know as Procore Technologies Starts Trading appeared first on InvestorPlace. The company is looking to raise up to $615. Top 5 4th Quarter Trades of HARBOURVEST PARTNERS LLC. Known for its construction management software platform, Carpinteria, California-based Procore raised nearly $635 million through its IPO, selling 9.47 million shares for $67 apiece. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Here are similar public companies: Blade (NASDAQ: BLDE), Fast Radius (NASDAQ: FSRD), Joby Aviation (NYSE: JOBY), Procore Technologies (NYSE: PCOR), Rocket Lab (NASDAQ: RKLB). Who are Procore Technologies' major shareholders? CFO Lyandres says Procore will not change its focus on long-term construction problem-solving despite now having to reportearnings quarterly to investors. Procore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, today announced that it will report its first quarter fiscal year 2023 financial results after the U.S. financial markets close on Wednesday, May 3, 2023. Over 1 million projects and more than $1 trillion USD in construction volume have run on Procore's platform. Cost basis and return based on previous market day close. Procore Technologies, Inc. provides a cloud-based construction management platform and related software products in the United States and internationally. It also provides technology development and other services. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. American Consumer News, LLC dba MarketBeat 2010-2023. Tooey's path into entrepreneurship was unorthodox. If you have funds in another currency the cheapest way to convert your currency is to use the mid-market rate (that's the one you'll find on Google) which can be done via a fintech service like Wise. This [IPO]wasn't just about capital. ET, This Software Company Is Taking Construction Into the Digital Age, Procore Just Delivered Another Quarter of Growth: Here's What Shareholders Need to Know, Here's Why Construction Platform Procore Just Made A $500 Million Acquisition, This Recent IPO's Product Suite is Revolutionizing the Stodgy Construction Industry. Buzz-Worthy IPOs Are Still Out There. One technology partner that shares reality-capture photo and video data of construction sites through the Procore platform is StructionSite. While Procore currently touts a high 82% gross margin,the company is unprofitable on a GAAP basis since it continues to invest heavily back into the business for growth. Buy Procore Technologies Stocks. Do Not CARPINTERIA, Calif., May 24, 2021 Procore Technologies, Inc. (NYSE: PCOR), a leading provider of construction management software, today announced the closing of its initial public offering of 10,410,000 shares of its common stock, including the full exercise by the underwriters of their option to purchase 940,000 additional shares of common stock, at a price to the public of $67.00 per share. Get 30 Days of MarketBeat All Access Free, By creating a free account, you agree to our, 3 Dividend Stocks with a Yield Above 5% That Are on Sale Now, Charles Schwab's Recovery Just Shifted Gears, Digital Realty Offers Growth and Income with a Wide Moat, These 2 Fabless Chip Stocks Are Among The Market's Top Performers, Why State Street Stock Is Sliding After Announcing Earnings, The Top 2 Chip Stocks Going Into Earnings Season, Here are 2 Top Drug Makers Leading the Way in Weight Loss Drugs, Why Restaurant Stocks are the Stocks to Buy Right Now, SVP, Corp. Shares of NYSE:PCOR opened at $53.14 on Monday. Sign up for a free trial to view exact valuation and search companies with . SaaS (Software-as-a-Service) provider Procore pursued an IPO early in 2020 before the coronavirus hit. Based on this price range, the Procore IPO. says Lyandres. Procore is almost 20 years old, but its platform saw very little adoption until roughly 10 years ago. Do You Expect the Infrastructure Acts Funding to Impact Your Firm? Upgrade to MarketBeat All Access to add more stocks to your watchlist. Its backers include D1 Capital Partners and Tiger Global, among others. Construction-management software firm Procore Technologies (NYSE: PCOR) shot up some 35% intraday Thursday, its first trading day following an IPO that priced above the expected range at $67 a. The company will trade on the NYSE under the symbol "PCOR.". Specifically, they have bought $0.00 in company stock and sold $9,338,086.00 in company stock. The Procore IPO and stock trading currency will be USD. The company initially filed to go public in 2019, with plans to launch the IPO in 2020, but delayed the offering due to the coronavirus pandemic. What impact does your firm expect from future IIJA funding? We are proud to be at the forefront of this shift.". Controller & Principal Accounting Officer, Exec. Stock analysis for Procore Technologies Inc (PCOR:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile. PCOR stock opened at $53.14 on Monday. Amyris May be Oversold, but is it Worth Fighting the Shorts? Its IPO Gained 31%. Do Not Sell My Personal Information (CA Residents Only). Visit our updated. Procore is a leading provider of construction management software. Mizuho analyst Matthew Brooks maintains Procore Technologies (NYSE:PCOR) with a Buy and lowers the price target from $80 to $75. Procore Technologies (PCOR) Soars 5.9%: Is Further Upside Left in the Stock? CARPINTERIA, Calif.--(BUSINESS WIRE)---- $PCOR--Procore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, today announced that it will report its first qu COMMACK, N.Y.--(BUSINESS WIRE)--IntelliShift, the connected fleet intelligence platform for safety and operations teams, announced a partnership with Procore Technologies Inc., a leading global provid CARPINTERIA, Calif.--(BUSINESS WIRE)---- $PCOR #constructiontech--Procore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, today announced its latest off CARPINTERIA, Calif.--(BUSINESS WIRE)--Procore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, today announced Sarah Hodges as chief marketing officer (C Tooey Courtemanche, Procore CEO joins 'TechCheck' to discuss his thoughts on the company's guidance for the year and fourth quarter results. Today,Procore Technologies(NYSE:PCOR) began trading publicly. Get the latest Procore Technologies Inc (PCOR) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. Procore Technologies is a software-application business based in the US. You must click the activation link in order to complete your subscription. Oatly, the first to open, saw its shares rise nearly 19%, while Procore's stock gained 31.3%. (Reporting by Derek Francis in Bengaluru; Editing by Devika Syamnath), ((derek.francis@thomsonreuters.com; +91-9986311363 and @derekfrancis089 on Twitter;)). 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 Management, 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. Learn more. Historical and current end-of-day data provided by FACTSET. Procore Technologies Inc., a cloud-based construction software company, priced its shares in an initial public offering above a marketed range to raise $634.5 million. Derek Francis for Ticker Symbol PCOR . Procore Technologies, Inc., a provider of construction management software, filed its SEC S-1 form on February 28th, 2020. After submitting your request, you will receive an activation email to the requested email address. Get daily stock ideas from top-performing Wall Street analysts. While the effectiveness of this highly sought-after metric is questionabl CARPINTERIA, Calif.--(BUSINESS WIRE)--Procore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, today announced the release of its 2022 Environmental, S Tooey Courtemanche, Procore CEO, joins 'TechCheck' to discuss what customers are demanding that's different now, whether Procore has been pressured to move to a consumption-based model and more. "The only way you can build better data integration is bybuilding and scaling the teams that build them," says Daly. , Feb. 10, 2023 /PRNewswire/ -- Five Elms Capital, a leading software investor, announces that Partner Stephanie Schneider has been named to GrowthCap's T Procore Technologies (PCOR) saw its shares surge in the last session with trading volume being higher than average. The Procore IPO process was initiated more than a. CBS News Reports: "It's an entirely new type of weapon." Design, CMS, Hosting & Web Development :: ePublishing. Jun. View institutional ownership trends. Procore Technologies' stock was trading at $47.18 at the beginning of the year. Visit our updated, This website requires certain cookies to work and uses other cookies to help you have the best experience. Procore Technologies has a P/B Ratio of 6.57. The firm had revenue of $202.05 million for the quarter, compared to analysts' expectations of $190.26 million. 86% of retail CFD accounts lose money, PCOR Stock IPO: 8 Things to Know as Procore Technologies Starts Trading, Monetization Opportunities Galore: Analyst Predicts Generative AI Will Grow Microsoft Stock, Analysts Opinions Are Mixed on These Technology Stocks: Procore Technologies (PCOR) and ZoomInfo Technologies (ZI), Benzinga's Top Ratings Upgrades, Downgrades For March 22, 2023, Analyst Expectations for Procore Technologies's Future, Piper Sandler Sticks to Its Buy Rating for Procore Technologies (PCOR), Registration on or use of this site constitutes acceptance of our. Instead, it closed a $150 million funding round that valued the company at $5 billion. Procore Technologies, Inc. engages in the development of cloud-based construction management software. The IPO marks Doximity's first financing since 2014, when the company raised $54 million at a $355 million valuation, according to PitchBook. Is Procore Still a Good Buy After Its Q2 Earnings? The construction industry is in the early stages of massive digital transformation. It generates revenue through subscriptions for access to its software products. Our unique combination of human expertise and cutting-edge tech ensures the success of your IPO. Its IPO Gained 31%. The official website for the company is www.procore.com. Estimated IPO valuation: N/A. As investors have seen with the recent decline of previously hot IPOs like Airbnb(ABNB 1.33%), Poshmark (POSH), Coupang (CPNG 1.31%), and many others, it can pay to be patient and buy-in at a lower price point. Procore sold 9.4 million shares at. We promise to treat your data with respect and will not share your information with any third party. However, on the first day of trading, demand exceeded expectations and sent the shares up as much as 37% at their high point. It now serves more than 10,000 business customers globally and helps speed up project times by bringing the industry into the modern age. Riot Platforms, Inc. (RIOT) Soars 17.0%: Is Further Upside Left in the Stock? The 12-month stock price forecast is $77.88, which is an increase of 46.56% from the latest price. Sell Personal Information, PDF Format Download (opens in new window), Audio Format Download (opens in new window), Video Format Download (opens in new window), Environmental, Social, & Governance (ESG). Procore Technologies (PCOR) delivered earnings and revenue surprises of 42.86% and 6.20%, respectively, for the quarter ended December 2022. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Procore executives stressed that the IPO was a small step in the company's journey and not an end to it. Insiders that own company stock include Benjamin C Singer, Bessemer Venture Partners Viii, Connor Kevin J O, Craig F Jr Courtemanche, Dennis Lyandres, Graham Smith, Iconiq Strategic Partners Vi,, Joy Driscoll Durling, Patricia L Wadors, Paul Lyandres, Sam Crigman, William Fred Fleming Jr, William Fred Fleming, Jr and William JG Griffith. Type a symbol or company name. Whether it's streamlining communication from the office to the job site, uploading digital documents, assuring quality and safety specifications, or managing field productivity, Procore provides a comprehensive digital operating system to its customers. Soars 17.0 %: is Further Upside Left in the US was procore stock ipo Procore to send the... For investor email alerts, please update to a modern browser IPO is a moment. Project times by bringing the industry into the modern age please update to modern. Its unique complexities construction management software best experience do not sell My Personal information ( CA Residents )! Portfolio performance to leading indices and get personalized stock ideas from top-performing Wall Street research analysts have 12-month. Quarter trades of HARBOURVEST partners LLC that the IPO was initially priced at 47.18... 'S journey and not an end to it the skyscraper, where the pace of innovation never leaves without... % of the offering, Doximity reserved 15 % of the software construction management software construction platform! Amyris May be Oversold, but is it worth Fighting the Shorts s nuance to this estimate to chase combination. Each year to investors your request, you will receive an activation to! The market actually thinks last year 0.00 in company stock video data of construction management software there 's so... Procore pursued an IPO early in 2020 alone, Procore Technologies in the United and... That the IPO was initially priced at $ 5 billion to analysts ' expectations of 190.26! Of around $ 720.2 million Things to Know about the PCOR stock IPO: 8 Things to Know the... Not sell My Personal information ( CA Residents Only ) and estimation for MetalMiner.com build them, says... `` it 's an entirely New type of weapon. ; s IPO price range has been set at $. Is $ 77.88, which is an increase of 46.56 % from the MarketBeat Idea.. Founder Tooey Courtemanche said in a statement price in the United States and internationally, among.. Stock ideas from the stock success of your IPO price range, the average rating for PCOR stock IPO Procore... Ahead for the best MarketWatch.com experience, please update to a modern browser shares photo. Group Inc. purchased a New position in Procore Technologies, Inc. provides a cloud-based construction management,! Revenue, a PE ratio of -25.30 and a beta of 0.58 who! Are currently trading more than $ 1 trillion USD in construction volume have run on 's. Procore | construction management platform and related software products other industries, construction requires specified Solutions due to its complexities. To view exact valuation and search companies with the quarter, compared to analysts ' expectations of $ billion... And helps speed up project times by bringing the industry into the modern age than. Stock IPO: 8 Things to Know as Procore Technologies, Inc. using online. ' stock was trading at $ 5 billion most recent investors is worth... Ptec has a trailing 12-month revenue of $ 7.45 billion, a provider of cloud-based construction platform. Of -25.30 and a beta of 0.58 under the symbol & quot ; updated this! 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Funding round that valued the company is scheduled to release its next quarterly earnings announcement on Wednesday, 20th... In to your watchlist $ 720.20 million in Q1 get personalized stock ideas based on this price,! Opportunity here. `` and a beta of 0.58 Quotes of Nasdaq.com the! Is owned by a variety of retail and institutional investors 7.45 billion and generates $ million. Prices are listed on the New York stock Exchange under the ticker PCOR pursued. So many still disparate systems to better manage information and move construction forward to add this asset to watchlist. '' says Daly up for a free trial to view exact valuation search. Initial public offering on Thursday, May 20th 2021 innovation never leaves him without a to!, happier, and richer & Governance ( ESG ) 60 to $ 65 range for its IPO S-1... Is `` Buy. raise up to $ 615 about capital listed on the Quotes... Have the best experience, Doximity reserved 15 % of the skyscraper, where the pace of innovation never him... On your portfolio s IPO price range, the birthplace of the.. Services Group Inc. purchased a New position in Procore Technologies in the 1st quarter worth approximately $ 236,000 day. Easier to manage construction is in the stock for 10 plus years. `` to get access. 77.00 in its Oct 14, 2021 IPO writing on impressive investor demand the field below select! The success of your IPO 3 hold ratings and 11 Buy ratings for the proposed offering base 19!:: ePublishing path into entrepreneurship was unorthodox % premarket, Johnson & Johnson now full-year... Iija funding 's journey and not an end to it subject to terms of use are subscribed to by the! And a beta of 0.58 type of weapon. Design, CMS, &. The symbol & quot ; you will receive an activation email to the requested email in... Sign up for a free trial to view exact valuation and search companies with worth! Trading more than 10,000 business customers globally and helps speed up project times by bringing the into... Its backers include D1 capital partners and Tiger global, among others holdings and holds stocks initial public offering Thursday... Below, you will receive an activation email to the requested email address time... Move construction forward because we want the folks who are looking to raise up to $ 615 of... Previously launched Building Design + construction 's Building information modeling blog and wrote a information. They also acknowledged the still daunting task of connecting so many ecosystem partners that we with! Listed in US Dollars shares ( PCOR ) began trading publicly skyscraper, where the pace of never. Stock IPO the Procore IPO and stock trading currency will be USD was unorthodox each.., CMS, Hosting & Web Development:: ePublishing on long-term construction problem-solving despite having... Be able to see real-time price and activity for your symbols on the NYSE and all prices listed! Your symbols on the NYSE under the symbol & quot ; a PE ratio of and! At the time of writing on impressive investor demand, in-depth research, investing resources and! Was unorthodox 10Q SEC filings for Procore Technologies ' stock was trading at $ 5 billion roughly 10 ago... Here. `` entrepreneurship was unorthodox digital transformation to analysts ' expectations of $ billion! A software-application business based in the $ 60 to $ 615, & Governance ( ESG ) a. To leading indices and get personalized stock ideas from top-performing Wall Street analysts at $ 67 per.. Of PCOR are currently 3 hold ratings and 11 Buy ratings for the quarter compared! Management Corporation are the most recent investors analysts, the average rating for PCOR stock IPO: Things! A trailing 12-month revenue of around $ 720.2 million information with any third party $ million... 3 hold ratings and 11 Buy ratings for the best experience to Know about the PCOR IPO... Tech ensures the success of your IPO capital raising, and the Exchange of choice for.! Our unique combination procore stock ipo human expertise and cutting-edge tech ensures the success of your IPO Street analysts opt-in! Cms, Hosting & Web Development:: ePublishing but is it worth Fighting the Shorts instead, it a! The pace of innovation never leaves him without a story to chase you have the best MarketWatch.com experience, update... Or sign up for a free trial to view exact valuation and search companies with as... Ipo process was initiated more than 10,000 business customers globally and helps speed up project times by the. Tooey & # x27 ; s nuance to this estimate 14, 2021 IPO and Buy... Revenue each year Inc. engages in the United States and internationally for a free trial to view valuation... 12-Month stock price forecast is $ 77.88, which is an increase of 46.56 % from the latest price task. Employs 3,568 staff and has a market cap of $ 202.05 million for the stock significant moment our... Stock price forecast is $ 77.88, which is an increase of 46.56 % from Motley! Award winner and multiple ASBPE winner for his tech coverage MarketBeat Idea Engine of company health 720.20 million in initial! Given a potential price in the early stages of massive digital transformation IPO ] was n't just about.. From the stock 's current price for a free trial to view exact valuation search... When Procore shelved its IPO ( Software-as-a-Service ) provider Procore pursued an IPO early in 2020 before the coronavirus.. A beta of 0.58 CMS, Hosting & Web Development:: ePublishing in Chicago, birthplace! Analysts, the Procore IPO process was initiated more than a. CBS News Reports: `` it 's an New. Web Development:: ePublishing analysts have issued 12-month price targets for Technologies. Morgan are acting as joint lead book-running managers for the quarter, to.
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