Procore Technologies, Inc. provides a cloud-based construction management platform and related software products. The company enables stakeholders in the construction industry, such as owners, general contractors, specialty contractors, architects, and engineers, to collaborate on construction projects. It offers products, such as Preconstruction that facilitates collaboration between internal and external stakeholders during the planning, budgeting, estimating, bidding, and partner selection phase of a construction project; 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; Resource Management that helps customers track labor productivity and manage profitability on construction projects; and Financial Management, which provides customers with visibility into the financial health of their individual construction projects and portfolios, as well as facilitate untethered access to financial data, linking the field, and the office in real-time. The company serves customers, including owners, general contractors, and specialty contractors operating in the commercial, residential, industrial, and infrastructure segments of the construction industry. It primarily sells subscriptions to access its products on computers, smartphones, and tablets through any web browser or from its mobile application available for iOS and Android platforms through its direct sales team. It has operations in the United States, Canada, Mexico, the United Kingdom, Ireland, Australia, New Zealand, Singapore, and the United Arab Emirates. The company was incorporated in 2002 and is headquartered in Carpinteria, California.
IPO Year: 2021
Exchange: NYSE
Website: procore.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/29/2026 | $71.00 | Mkt Perform → Mkt Outperform | Citizens |
| 2/5/2026 | $87.00 → $67.00 | Outperform | BMO Capital Markets |
| 1/5/2026 | $90.00 | Equal Weight → Overweight | Barclays |
| 12/17/2025 | $88.00 | Buy | BTIG Research |
| 10/3/2025 | $84.00 | Buy | Berenberg |
| 8/4/2025 | $70.00 | Neutral | DA Davidson |
| 8/1/2025 | $75.00 → $82.00 | Outperform | BMO Capital Markets |
| 8/1/2025 | Mkt Outperform → Mkt Perform | Citizens JMP | |
| 6/16/2025 | $91.00 | Buy | Arete |
| 4/23/2025 | $95.00 → $75.00 | Outperform | BMO Capital Markets |
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4 - PROCORE TECHNOLOGIES, INC. (0001611052) (Issuer)
4 - PROCORE TECHNOLOGIES, INC. (0001611052) (Issuer)
4 - PROCORE TECHNOLOGIES, INC. (0001611052) (Issuer)
4 - PROCORE TECHNOLOGIES, INC. (0001611052) (Issuer)
4 - PROCORE TECHNOLOGIES, INC. (0001611052) (Issuer)
4 - PROCORE TECHNOLOGIES, INC. (0001611052) (Issuer)
4 - PROCORE TECHNOLOGIES, INC. (0001611052) (Issuer)
4 - PROCORE TECHNOLOGIES, INC. (0001611052) (Issuer)
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4 - PROCORE TECHNOLOGIES, INC. (0001611052) (Issuer)
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Citizens upgraded Procore Technologies from Mkt Perform to Mkt Outperform and set a new price target of $71.00
BMO Capital Markets reiterated coverage of Procore Technologies with a rating of Outperform and set a new price target of $67.00 from $87.00 previously
Barclays upgraded Procore Technologies from Equal Weight to Overweight and set a new price target of $90.00
BTIG Research initiated coverage of Procore Technologies with a rating of Buy and set a new price target of $88.00
Berenberg initiated coverage of Procore Technologies with a rating of Buy and set a new price target of $84.00
DA Davidson resumed coverage of Procore Technologies with a rating of Neutral and set a new price target of $70.00
BMO Capital Markets reiterated coverage of Procore Technologies with a rating of Outperform and set a new price target of $82.00 from $75.00 previously
Citizens JMP downgraded Procore Technologies from Mkt Outperform to Mkt Perform
Arete initiated coverage of Procore Technologies with a rating of Buy and set a new price target of $91.00
BMO Capital Markets reiterated coverage of Procore Technologies with a rating of Outperform and set a new price target of $75.00 from $95.00 previously
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CDE unifies project data, workflows, BIM models, and asset information in one trusted environment—creating the foundation for AI agents to amplify the reach of construction teams Procore is the solution to fragmented data, helping ensure information integrity from approved design to handover Connects the full project lifecycle in one trusted environment with a single source of truth across BIM, Documents, Quality, and Assets Transforms BIM into a live execution workspace via BIM Model Manager, streaming models of any size directly to mobile devices to connect real-time project data with 3D coordination Leverages Procore AI with embedded Datagrid capabilities to turn project data
Introducing Digital Coworkers that Automate Construction Workflows and Execute Work Directly Within the Platform Procore Technologies, Inc. (NYSE:PCOR): Key highlights Procore AI moves beyond traditional chatbots to agentic AI coworkers that use Actions and Triggers to execute complex construction workflows in real time New native agents including Deep Search, Submittals, RFI, Daily Log, and Contract Review handle high-volume tasks directly in Procore Powered by Datagrid's multimodal index, agents reason across drawings, specs, and photos while maintaining Procore's enterprise-grade security and permissions Procore Technologies, Inc. (NYSE:PCOR), the leading global provider
Procore Technologies, Inc. (NYSE:PCOR), the leading global provider of construction management software, today announced financial results for the first quarter ended March 31, 2026. "We delivered strong Q1 financials," said Ajei Gopal, President and CEO of Procore. "That performance, which exceeded the high end of our guidance, gives us even more confidence in the future, enabling us to increase our full-year outlook. I am particularly pleased that we have also strengthened our flagship platform, as well as our agentic AI capabilities." "I am thrilled to join Procore at such a transformative moment," said Rachel Pyles, CFO of Procore. "We are well positioned to deliver durable and prof
Prominent Computer Science Professor and Technology Founder to Strengthen Company's Expertise in Driving AI Innovation Procore Technologies, Inc. (NYSE:PCOR), the leading global provider of construction management software, today announced it has appointed Vishal Misra to its Board of Directors. Misra currently serves as the RKS Family Professor of Computer Science and as Vice Dean of Computing and AI at Columbia University. "Vishal's deep expertise in AI and proven success as a technology founder will be a tremendous asset," said Ajei Gopal, President and CEO of Procore. "His unique perspective will be instrumental as we enter our next chapter of growth and continue to redefine constru
Procore Technologies, Inc. (NYSE:PCOR), the leading global provider of construction management software, today announced that it will report its first quarter fiscal year 2026 financial results before the U.S. financial markets open on Tuesday, May 5, 2026. In conjunction with this announcement, Procore will host a conference call before the financial markets open on Tuesday, May 5, 2026 at 7:30 a.m. Central Time to discuss Procore's financial results and financial guidance. To access this call, dial (800) 715-9871 (domestic) or +1 (646) 307-1963 (international). The conference ID number is 6983077. A live webcast of this conference call will be available on the Investor Relations page of
Integration of the Procore platform into the NVIDIA Omniverse DSX Blueprint bridges BIM data, 3D digital twins and real time simulation to physical construction, accelerating delivery of complex infrastructure Key highlights Federates multiple model types into NVIDIA Omniverse integrated with Procore Platform data NVIDIA Omniverse DSX Blueprint integrated during construction for joint customers like Switch and other leading builders Simpacks and Procore AI integrated with NVIDIA Omniverse for advanced AI use cases, including simulation of construction scenarios, design changes during construction, and contractor scheduling Procore Technologies, Inc. (NYSE:PCOR), the leading gl
Seasoned Leaders Rachel Pyles and Walt Hearn to Join as CFO and CRO, Respectively, to Drive the Next Phase of Growth Company Reaffirms Q1 and FY26 Financial Guidance Procore Technologies, Inc. (NYSE:PCOR), the leading global provider of construction management software, today announced two executive leadership appointments. Effective today, Rachel Pyles joins Procore as Chief Financial Officer Designate and Walt Hearn joins as Chief Revenue Officer Designate. Pyles will succeed Howard Fu as CFO and Treasurer and Hearn will succeed Larry Stack as CRO on April 1, 2026. At that time, Fu and Stack will move into strategic advisory roles to support a smooth transition. Pyles brings over 20
United Rentals Inc. (NYSE:URI), the world's largest equipment rental company, and Procore Technologies (NYSE:PCOR), the leading global provider of construction management software, today announced a new strategic partnership and their first telematics integration. The integration enables shared customers to seamlessly bring United Rentals rental equipment data directly into the Procore Resource Management solution, expanding visibility and simplifying equipment management across jobsites. The integration is part of United Rentals' broader innovation strategy to provide customers with actionable information. By creating open integrations across the construction ecosystem, United Rentals ai
Procore Technologies, Inc. (NYSE:PCOR), the leading global provider of construction management software, today announced financial results for the fourth quarter and full year ended December 31, 2025. "We closed out a strong year with exceptional Q4 results," said Ajei Gopal, President and CEO of Procore. "Procore has built an incredible franchise with amazing technology. We believe AI stands to be the next meaningful catalyst for our industry and that Procore is strongly positioned to be an AI winner as we drive immense efficiency gains across our customers and the entire construction lifecycle." "I am proud of our Q4 performance, which delivered consistent revenue growth and the large
Enables U.S. public sector entities and contractors to securely manage and build federal construction projects Procore Technologies, Inc. (NYSE:PCOR), the leading global provider of construction management software, today announced its Procore for Government solution has achieved Federal Risk and Authorization Management Program (FedRAMP®) Moderate Authorization. With this designation, Procore is helping U.S. federal entities and their contractors to manage and build federal construction projects through a secure, unified platform. The public sector builds America's most critical infrastructure, from highways to water systems, generating more than $520 billion in annual construction spe
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Live Leadership Updates
Prominent Computer Science Professor and Technology Founder to Strengthen Company's Expertise in Driving AI Innovation Procore Technologies, Inc. (NYSE:PCOR), the leading global provider of construction management software, today announced it has appointed Vishal Misra to its Board of Directors. Misra currently serves as the RKS Family Professor of Computer Science and as Vice Dean of Computing and AI at Columbia University. "Vishal's deep expertise in AI and proven success as a technology founder will be a tremendous asset," said Ajei Gopal, President and CEO of Procore. "His unique perspective will be instrumental as we enter our next chapter of growth and continue to redefine constru
Seasoned Leaders Rachel Pyles and Walt Hearn to Join as CFO and CRO, Respectively, to Drive the Next Phase of Growth Company Reaffirms Q1 and FY26 Financial Guidance Procore Technologies, Inc. (NYSE:PCOR), the leading global provider of construction management software, today announced two executive leadership appointments. Effective today, Rachel Pyles joins Procore as Chief Financial Officer Designate and Walt Hearn joins as Chief Revenue Officer Designate. Pyles will succeed Howard Fu as CFO and Treasurer and Hearn will succeed Larry Stack as CRO on April 1, 2026. At that time, Fu and Stack will move into strategic advisory roles to support a smooth transition. Pyles brings over 20
WASHINGTON, Dec. 22, 2025 /PRNewswire/ -- The Building for Tomorrow Summit, a national gathering focused on reshaping the resilience, sustainability, and long-term viability of America's built environment, is pleased to announce that Tooey Courtemanche, Founder and Chairman of the Board of Procore Technologies (NYSE:PCOR) will headline the summit's keynote session in a fireside chat with George Guszcza, CEO of the National Institute of Building Sciences (NIBS). The Building for Tomorrow Summit gathers leaders from both the public and private sectors, including policymakers, in
Transformative Technology Leader to Drive Procore's Next Chapter of Growth and Innovation Company Reaffirms Q3 and FY25 Financial Guidance Procore Technologies, Inc. (NYSE:PCOR), the leading global provider of construction management software, today announced the appointment of Ajei Gopal as Chief Executive Officer Designate, and a member of the company's Board of Directors. Gopal will succeed Procore's Founder, President, and CEO Tooey Courtemanche following the public announcement of the company's Q3 financial results, with an anticipated start date of November 10, 2025. Courtemanche will then transition out of operational responsibilities and focus on his role as Chair of the Board o
Acquisitions of Novorender and FlyPaper Technologies to Drive Predictability and Reduce Risk Procore Technologies, Inc. (NYSE:PCOR), a leading technology partner for every stage of construction, today announced investments in its Building Information Modeling (BIM) capabilities. Expanding on its existing BIM offerings, Procore has announced its acquisitions of Novorender and FlyPaper, which upon integration will empower owners and contractors worldwide to unlock BIM, streamline coordination, and connect critical BIM data seamlessly across the Procore platform. In recent years, BIM adoption has accelerated, driven by European government mandates and a rise in global megaprojects with compl
Founder, President and CEO Tooey Courtemanche to Transition to Executive Chairman Upon Appointment of Successor Board to Initiate Comprehensive Search Process Procore Technologies, Inc. (NYSE:PCOR) ("Procore" or the "Company"), the leading global provider of construction management software, today announced that Founder, President and CEO, Tooey Courtemanche, intends to transition to Executive Chairman upon the appointment of a successor. In this position, he will continue to be deeply involved in the business and lead the Board. Until that time, there will be no changes to Courtemanche's current role as CEO. This press release features multimedia. View the full release here: https://www.
Jaime Leverton, Doug Mouton and Michael Turner to Join the Board and Bring Directly Applicable AI/HPC Conversion, Data Center and Real Estate Experience Retains Evercore and Northland Capital to Lead Engagement with Potential AI/HPC Partners Following Increased Inbound Interest Riot Platforms, Inc. (NASDAQ:RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin mining, today announced the appointment of Jaime Leverton, Doug Mouton and Michael Turner to its Board of Directors (the "Board"). The three new directors were selected through a comprehensive process conducted by the Board's Governance and Nominating Committee, with constructive, independent input fr
Key Points: Hodges brings a 20-year track record of marketing success and go-to-market strategic execution at global SaaS providers Autodesk and Procore Technologies Starting on January 6, Hodges will lead brand awareness and creative experiences, product and industry marketing, field marketing, and customer advocacy and digital customer experiences UKG, a leading provider of HR, payroll, workforce management, and culture solutions, today announced that Sarah Hodges will join the company as chief marketing officer (CMO) on January 6, 2025. Hodges will report to UKG President, GTM, Rachel Barger, and lead brand awareness and creative experiences, product and industry marketing, fiel
Procore Technologies, Inc. (NYSE:PCOR), a leading global provider of construction management software, today announced Sarah Hodges as chief marketing officer (CMO), effective today. As CMO of Procore, Hodges will be responsible for the development of the strategic marketing plan and execution of all marketing activities globally in support of Procore's financial and strategic business objectives. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230221005130/en/Procore appoints Sarah Hodges as chief marketing officer (CMO). (Photo: Business Wire) "Sarah is a highly-experienced, talented marketing leader with a proven track record o
Procore Technologies, Inc. (NYSE:PCOR), a leading global provider of construction management software, today announced Olga Kibler as its chief people officer, effective today. Kibler will lead Procore's people strategy, and will join Procore's executive leadership team and report to founder, president and CEO, Tooey Courtemanche. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221114005872/en/(Photo: Business Wire) Most recently, Kibler served as chief people officer at Five9 leading all aspects of the human resources function. Prior to Five9, she served as vice president of talent services at DocuSign and was integral in leading
Live finance-specific insights
Procore Technologies, Inc. (NYSE:PCOR), the leading global provider of construction management software, today announced financial results for the first quarter ended March 31, 2026. "We delivered strong Q1 financials," said Ajei Gopal, President and CEO of Procore. "That performance, which exceeded the high end of our guidance, gives us even more confidence in the future, enabling us to increase our full-year outlook. I am particularly pleased that we have also strengthened our flagship platform, as well as our agentic AI capabilities." "I am thrilled to join Procore at such a transformative moment," said Rachel Pyles, CFO of Procore. "We are well positioned to deliver durable and prof
Procore Technologies, Inc. (NYSE:PCOR), the leading global provider of construction management software, today announced that it will report its first quarter fiscal year 2026 financial results before the U.S. financial markets open on Tuesday, May 5, 2026. In conjunction with this announcement, Procore will host a conference call before the financial markets open on Tuesday, May 5, 2026 at 7:30 a.m. Central Time to discuss Procore's financial results and financial guidance. To access this call, dial (800) 715-9871 (domestic) or +1 (646) 307-1963 (international). The conference ID number is 6983077. A live webcast of this conference call will be available on the Investor Relations page of
Procore Technologies, Inc. (NYSE:PCOR), the leading global provider of construction management software, today announced financial results for the fourth quarter and full year ended December 31, 2025. "We closed out a strong year with exceptional Q4 results," said Ajei Gopal, President and CEO of Procore. "Procore has built an incredible franchise with amazing technology. We believe AI stands to be the next meaningful catalyst for our industry and that Procore is strongly positioned to be an AI winner as we drive immense efficiency gains across our customers and the entire construction lifecycle." "I am proud of our Q4 performance, which delivered consistent revenue growth and the large
Procore Technologies, Inc. (NYSE:PCOR), the leading global provider of construction management software, today announced that it will report its fourth quarter and full fiscal year 2025 financial results after the U.S. financial markets close on Thursday, February 12, 2026. In conjunction with this announcement, Procore will host a conference call on Thursday, February 12, 2026 at 2:00 p.m. Pacific Time to discuss Procore's financial results and financial guidance. To access this call, dial +1 833 470 1428 (domestic) or +1 404 975 4839 (international). The conference ID number is 039517. A live webcast of this conference call will be available on the Investor Relations page of Procore's w
Acquisition strengthens agentic AI solutions with advanced reasoning and data connectivity capabilities Procore Technologies, Inc. (NYSE:PCOR), the leading global provider of construction management software, today announced it has acquired Datagrid, uniting two of the most powerful AI solutions in the built world. This acquisition will accelerate Procore's AI strategy and deliver enhanced data connectivity for customers. As a leading vertical AI solution in the industry, Datagrid immediately extends Procore's reach across the full construction ecosystem. Through this acquisition, Procore will help customers eliminate data silos and automate complex workflows including autonomously managi
Procore Technologies, Inc. (NYSE:PCOR), the leading global provider of construction management software, today announced financial results for the third quarter ended September 30, 2025. "With this quarter's strong results, I am pleased to be giving Ajei Gopal a strong foundation as he steps into the CEO role next week," said Tooey Courtemanche, Founder, President, and CEO of Procore. "We are the clear market leader in one of the largest industries in the world, we have built an unrivaled platform that we believe is well-positioned to harness the power of AI for our customers, and our go-to-market model is yielding positive returns. And now, with Ajei's proven operational expertise and lea
Procore Technologies, Inc. (NYSE:PCOR), the leading global provider of construction management software, today announced that it will report its third quarter fiscal year 2025 financial results after the U.S. financial markets close on Wednesday, November 5, 2025. In conjunction with this announcement, Procore will host a conference call on Wednesday, November 5, 2025 at 2:00 p.m. Pacific Time to discuss Procore's financial results and financial guidance. To access this call, dial +1 833 470 1428 (domestic) or +1 404 975 4839 (international). The conference ID number is 443159. A live webcast of this conference call will be available on the Investor Relations page of Procore's website, ht
Procore Technologies, Inc. (NYSE:PCOR), the leading global provider of construction management software, today announced financial results for the second quarter ended June 30, 2025. "Q2 represented another solid quarter and we remain well positioned for efficient growth," said Tooey Courtemanche, Founder, President, and CEO of Procore. "Our latest announcements unveiled at the Innovation Summit further cement Procore at the forefront of the construction industry's digital transformation." "I am pleased with the performance we delivered in Q2," said Howard Fu, CFO of Procore. "We remain committed to profitability improvement and we see opportunities for continued margin expansion while
Procore Technologies, Inc. (NYSE:PCOR), the leading global provider of construction management software, today announced that it will report its second quarter fiscal year 2025 financial results after the U.S. financial markets close on Thursday, July 31, 2025. In conjunction with this announcement, Procore will host a conference call on Thursday, July 31, 2025 at 2:00 p.m. Pacific Time to discuss Procore's financial results and financial guidance. To access this call, dial +1 833 470 1428 (domestic) or +1 404 975 4839 (international). The conference ID number is 510782. A live webcast of this conference call will be available on the Investor Relations page of Procore's website, http://in
Procore Technologies, Inc. (NYSE:PCOR), the leading global provider of construction management software, today announced financial results for the first quarter ended March 31, 2025. "Our Q1 performance represented a positive start to the year, reflecting our measurable ROI for our customers," said Tooey Courtemanche, Founder, President, and CEO of Procore. "Our ability to help customers achieve more with less positions us well to serve them as they navigate a dynamic environment." "We are prepared to thoughtfully manage the business through the evolving tariff landscape to continuously improve our financial profile," said Howard Fu, CFO of Procore. "Even with this increased uncertainty,