- Procore Technologies demonstrates impressive revenue growth and improved margins in Q1 2025.
- Analysts see significant upside potential for Procore's stock price.
- GuruFocus estimates suggest a strong future value for the stock.
Procore Technologies (PCOR) continues to forge ahead in 2025, showcasing pivotal financial growth that investors should keenly observe. The company reported a notable 15% increase in revenue for the first quarter, culminating in $311 million. Alongside revenue growth, Procore enhanced its non-GAAP operating margin to 10%, reflecting robust operational efficiency. Furthermore, Procore confidently maintains its full-year revenue guidance between $1.286 billion and $1.29 billion, projecting resilience in the face of economic uncertainties.
Wall Street Analysts' Expectations
The financial community shares an optimistic view of Procore's prospects. According to 18 Wall Street analysts, the consensus one-year price target average is $78.01. This analysis includes potential highs reaching $95.00 and lows of $60.00. Notably, this average target price suggests an attractive upside of 23.41% from the current stock price of $63.21. For further insights into these projections, explore the Procore Technologies Inc (PCOR, Financial) Forecast page.
Moreover, the consensus recommendation from 22 brokerage firms assigns Procore Technologies a rating of 2.1, indicative of an "Outperform" status. This rating scale spans from 1 (Strong Buy) to 5 (Sell), underscoring Procore's favorable investment opportunity.
GuruFocus GF Value Analysis
Diving deeper into valuation, GuruFocus estimates place the projected GF Value for Procore Technologies at $96.39 over the next year. This figure signifies a compelling upside of 52.49% from the current trading price. The GF Value calculation integrates historical stock multiples, past business growth, and future performance forecasts, offering a well-rounded view of the stock's fair market value. Additional detailed analysis is accessible on the Procore Technologies Inc (PCOR, Financial) Summary page.
Investors seeking growth opportunities will find Procore Technologies to be a stock worth watching, given its strong financial performance, optimistic analyst forecasts, and a favorable future valuation as indicated by GuruFocus metrics.
