The P/E ratio of Procore Technologies is -25.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. CARPINTERIA, Calif.--(BUSINESS WIRE. Oatly, Procore Technologies IPOs See Big Gains, Procore Technologies sets IPO terms, to be valued at up to $8.3 billion, 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). High institutional ownership can be a signal of strong market trust in this company. Learn More. Procore Technologies(PCOR 1.22%), the construction management and workflow platform, completed its IPO on the New York Stock Exchange on Thursday, and its shares got a nice first-day jump before settling back to their opening trade price of around $84 a share four trading days later. Whether they're general contractors, subcontractors, architects and engineers, or even owners, each entity has to be on the same page and able to efficiently communicate with one another to avoid project delays. Interested parties can register for or listen to the call using this link. Procore sold 9.4 million shares at. In the May 20 IPO on the New York Stock Exchange, it beat that range, selling 9.47 million shares for $67 each. Today Procore trades on the New York Stock Exchange under the ticker PCOR. The company reported ($0.42) earnings per share for the quarter, missing the consensus estimate of ($0.40) by $0.02. The company's platform enables owners, general and specialty contractors, architects, and engineers to collaborate on construction projects. 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. He was a veteran of the first dot-com bubble, living in Santa Barbara, and had spent a decade . IPO Roadshow Slides June 21, 2021 View this Presentation PDF Format Download (opens in new window) PDF 10.89 MB Listen to this Presentation Audio Format Download (opens in new window) Watch this Presentation Video Format Download (opens in new window) View this Presentation PDF Format Download (opens in new window) 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. 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. An admittedly audacious goal. This gave the company an implied market cap of over $8 billion. We promise to treat your data with respect and will not share your information with any third party. Research focusing on modular and offsite construction has shown remarkable statistics not just for construction, but for the wider environment as well. Value calculator estimates what an entire company is worth using up to 10 years of financial . Procore Technologies Aims to Digitize Construction. Since Jan. 1, what is the overall trend in your region for construction materials prices (year over year)? When is Procore Technologies' next earnings date? According to analysts' consensus price target of $72.23, Procore Technologies has a forecasted upside of 35.9% from its current price of $53.14. Take control of construction outcomes, minimize risk, and protect profits with Procore's top-rated construction management platform. Is Ollies Bargain Outlets A Value Or A Trap? Oatly, the first to open, saw its shares rise nearly 19%, while Procore's stock gained 31.3%. If Procore can grow at 20% in the first 5 years and 15% for the second 5 years, it could reach 3 billion in revenue in 10 years.. 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. Sign up for a free trial to view exact valuation and search companies with . The company's average rating score is 2.79, and is based on 11 buy ratings, 3 hold ratings, and no sell ratings. The. 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 pandemic. You must have JavaScript enabled to enjoy a limited number of articles over the next 30 days. Can Garrett Motion Turbocharge A Short Squeeze? The company employs 3,568 workers across the globe. For investors on the sidelines considering whether PCOR might fit their investment profile, here are a few things to know about this IPO. He also wrote about materials prices, construction procurement and estimation for MetalMiner.com. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. The company initially marketed stock . The construction industry is in the early stages of massive digital transformation. Procore's value really depends on its future growth. Buy Procore Technologies Stocks. . Ever since Procore launched in 2002, there's been one major . A high percentage of insider ownership can be a sign of company health. Procore builds the software for people who build the world. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. The forecasts range from a low of $63.63 to a high of. Goldman Sachs and J.P. Morgan are acting as joint lead book-running managers for the proposed offering. ENR CONSTRUCTION ENGINEERING MANAGEMENT TODAY Copyright 2023 MarketWatch, Inc. All rights reserved. acted as co-managers for the proposed offering. After the IPO, Procore would have a total of 128 million outstanding shares, meaning about 7.5% of its shares will be offered to the public. Written by Subscriber Agreement & Terms of Use | Procore Technologies, Inc. (1611052) SEC Filing S-1 IPO report for the period ending Saturday, August 29, 2020 . February 21, 2023|markets.businessinsider.com. The company's platform enables owners, general and specialty contractors, architects, and engineers to collaborate on construction projects. However, there's nuance to this estimate. Procor is a provider of cloud-based construction management software. Investors in the PCOR stock IPO have done quite well for themselves thus far. That's around $20 million more than it expected to raise even at the high end of its initial estimate of $60-$65 per share, and it gives the cloud software company one of the biggest IPOs in the history of the tri-county region. He is a two-time Jesse H. Neal award winner and multiple ASBPE winner for his tech coverage. These symbols will be available throughout the site during your session. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. The offering was made only by means of a prospectus. 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. On the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article. It generates revenue through subscriptions for access to its software products. Employees 3,568. Log in to see them here or sign up to get started. Copies of the prospectus related to the offering may be obtained from Goldman Sachs & Co. LLC, 200 West Street, New York, New York 10282, Attn: Prospectus Department, Telephone: (866) 471-2526, Email: email prospectus-ny@ny.email.gs.com; from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 Telephone: 866-803-9204 Email: prospectus-eq_fi@jpmorganchase.com; from Barclays Capital Inc. c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717, Telephone: (888) 603-5847, Email: Barclaysprospectus@broadridge.com; or from Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, NY 10022, Telephone: 877-821-7388, Email: Prospectus_Department@Jefferies.com. The firm purchased 5,006 shares of the company's stock, valued at approximately $236,000. "That's why we have so many ecosystem partners that we integrate with. Our mission is to connect everyone in construction on a global platform. Procore Technologies Inc is a cloud-based construction management software company. Procore | Construction Management Software Construction Management Software Make it easier to manage construction. This is where Procore comes in. Founded in 2002, Procore offers its cloud-based construction management software to more than 1.6 million users in over 125 countries. According to the Procore IPO prospectus, the firm is offering 9,470,000 shares, which will leave more than 128 million shares outstanding. Do Not Sell My Personal Information (CA Residents Only). Traditional software solutions are still commonly used, but for the bulk of the construction management process, they are inadequate for meeting firms' needs. The firm had revenue of $202.05 million for the quarter, compared to analysts' expectations of $190.26 million. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Today Procore entered a new phase of its journeywe are now a publicly-traded company. Shares of NYSE:PCOR opened at $53.14 on Monday. The Motley Fool recommends Coupang, Inc. We are home to 75% of all U.S. tech proceeds raised, with companies including Uber, Twitter, Slack and Spotify. With that extra year of operations under the company's belt, let's look at the business model as it now stands and see whether Procore deserves its public valuation and if it might be a stock to consider adding to your portfolio. [Read more]. 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 Trading Up 1.2 %. Now sporting a $10.9 billion market cap, the company trades at a price-to-trailing-12-month-revenue of about 28 times. "It's always just a question of how do we partner with folks to solve the most sets of problems?" For the best MarketWatch.com experience, please update to a modern browser. Procore Technologies employs 3,568 staff and has a trailing 12-month revenue of around $720.2 million. This loss is down from a $19 million a year prior. , 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. By visiting this website, certain cookies have already been set, which you may delete and block. Shares of PCOR stock can be purchased through any online brokerage account. However, on the first day of trading, demand exceeded expectations and sent the shares up as much as 37% at their high point. View the best growth stocks for 2023 here. The post PCOR Stock IPO: 8 Things to Know as Procore Technologies Starts Trading appeared first on InvestorPlace. 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. In this webinar, youll learn the factors driving this trend, as well as how IFS Cloud can help organizations that are either already adopting these methods or looking to do so in the future. Estimated IPO valuation: N/A. Currently, Procore estimates its total addressable market at roughly $9.4 billion per year. Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. What ETFs hold Procore Technologies' stock? And now we get to see what the market actually thinks. Procore's revenue in 2012 was $4.8 million. Archives. Do You Expect the Infrastructure Acts Funding to Impact Your Firm? Amyris May be Oversold, but is it Worth Fighting the Shorts? 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 Intraday data delayed at least 15 minutes or per exchange requirements. "We are thinking about the investments we make today and how they pay off over the next five, 10 years," Lyandres says. Reuters->. Today,Procore Technologies(NYSE:PCOR) began trading publicly. Procore Technologies (PCOR) delivered earnings and revenue surprises of 42.86% and 6.20%, respectively, for the quarter ended December 2022. That's a far different outlook from May, when Procore shelved its IPO amid market uncertainty. The shares are listed for trading on the New York Stock Exchange under the ticker symbol PCOR.. ETFs with the largest weight of Procore Technologies (NYSE:PCOR) stock in their portfolio include WisdomTree Cloud Computing Fund (WCLD), Global X Founder-Run Companies ETF (BOSS), Renaissance IPO ETF (IPO), Goldman Sachs Future Tech Leaders Equity ETF (GTEK), WisdomTree Artificial Intelligence and Innovation Fund (WTAI), Nuveen Global Net Zero Transition ETF (NTZG), Harbor Disruptive Innovation ETF (INNO) and SPDRS&PSoftware & Services ETF (XSW). In 2020, it was $400 million. This documentary-style series follows investigative journalists as they uncover the truth. This browser is no longer supported at MarketWatch. This [IPO]wasn't just about capital. Can Procore Technologies (PCOR) Climb 31.5% to Reach the Level Wall Street Analysts Expect? Identify stocks that meet your criteria using seven unique stock screeners. Sign-up to receive the latest news and ratings for Procore Technologies and its competitors with MarketBeat's FREE daily newsletter. This is due to data indicating the construction industry has begun to recover from the pandemic and the overall size of . Over 1 million projects and more than $1 trillion USD in construction volume have run on Procore's platform. CBS News Reports: "It's an entirely new type of weapon." Procore has raised an additional $150 million in private . Procore's Marketplace has a multitude of partner solutions that integrate seamlessly with Procores platform, giving construction professionals the freedom to connect with what works best for them. Procore Technologies, Inc. was incorporated in 2002 and is headquartered in Carpinteria, California. The company initially filed to go public in 2019, with plans to launch the IPO in 2020, [6] but delayed the offering due to the coronavirus pandemic. Listed under the ticker symbol PCOR, the stock outperformed itstarget and ended the trading day at $88 per share, giving the company a market valueof more than $8.5 billion based on outstanding shares listed in its filings with the U.S. Securities and Exchange Commission. Visit a quote page and your recently viewed tickers will be displayed here. Derek Francis for Find the latest Procore Technologies, Inc. (PCOR) stock quote, history, news and other vital information to help you with your stock trading and investing. View our PCOR earnings forecast. Cookie Notice (). Goldman Sachs and Tiger Management Corporation are the most recent investors. By closing this message or continuing to use our site, you agree to the use of cookies. You can sign up for additional alert options at any time. Procore is a leading provider of construction management software. Top institutional shareholders include National Bank of Canada FI (0.10%), Sycomore Asset Management (0.03%), Renaissance Capital LLC (0.02%), Northside Capital Management LLC (0.01%), Dfpg Investments LLC (0.01%) and Diversified Trust Co (0.00%). The company's platform enables owners, general and specialty contractors, architects, and engineers to collaborate on construction projects. Procore sold 9.4 million shares at. Privacy Notice | We promise to treat your data with respect and will not share your information with any third party. The official website for the company is www.procore.com. 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. Learn more at Procore.com. . Analyst Price Forecast Suggests 48.35% Upside As of April 7, 2023, the average one-year price target for Procore Technologies is $77.88. You can sign up for additional alert options at any time. One technology partner that shares reality-capture photo and video data of construction sites through the Procore platform is StructionSite. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Plus500. The company had set a price range of between $60 and $65 for its IPO, and its stock opened at $84 on Thursday. Hear the latest economic, business and market news, as well as global, national, and local news. Because we want the folks who are looking to hold the stock for 10 plus years.". View which stocks are hot on social media with MarketBeat's trending stocks report. In 2020 alone, Procore generated $400 million in revenue, a 256% increase from three years prior. 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. Currently, shares are trading around $85. Procore, which submitted paperwork for its U.S. IPO last year, raised $150 million at a valuation of $5 billion, according to media reports in April last year. 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. "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. Invest better with The Motley Fool. Earnings for Procore Technologies are expected to grow in the coming year, from ($1.69) to ($1.60) per share. Paul Lyandres, Chief Financial Officer Oatly Group and Procore Technologies made their debuts as public companies Thursday. Instead, it closed a $150 million funding round that valued the company at $5 billion. The initial public offering raised $634.5 million. 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 . Procore,. 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. Get daily stock ideas from top-performing Wall Street analysts. Do Not *Average returns of all recommendations since inception. The company has a market capitalization of $7.45 billion, a PE ratio of -25.30 and a beta of 0.58. Although Procore didn't hit its intended 2020 IPO date, the yearlong delay may . The company has a market cap of $7.45 billion, a P/E ratio of -25.30 and a beta of 0.58. Do the numbers hold clues to what lies ahead for the stock Daily market news in bullet point format. articles a month for anyone to read, even non-subscribers! Related Link: How To Buy SquareSpace IPO Stock Procore Technologies: Cloud-based construction management software company Procore Technologies PCOR plans to sell 9.5 million shares at a price . 14 Wall Street research analysts have issued 12-month price targets for Procore Technologies' shares. Indeed, this years IPO track record has been a mixed one. In conjunction with this announcement, Procore will host a conference call on Wednesday, May 3, 2023 at 2:00 p.m. Pacific Time to discuss Procore's financial results and financial guidance. In conjunction with this announcement, Procore will host a conference call on Wednesday . The initial public offering raised $634. Join These Motley Fool Investors for "The Market Cap Game Show", Benzinga's Top Ratings Upgrades, Downgrades For March 22, 2023, Chief Data Officer of Procore Technologies Makes $447K Sale, Insiders Selling American Airlines, Costco Wholesale And 2 Other Stocks, 2 Supercharged Tech Stocks to Buy Without Any Hesitation, Analyst Expectations for Procore Technologies's Future, 12 Information Technology Stocks Moving In Monday's Pre-Market Session, 12 Information Technology Stocks Moving In Friday's Pre-Market Session, JMP Securities Sticks to Its Buy Rating for Procore Technologies (PCOR), Procore Technologies (PCOR) Receives a Buy from Oppenheimer, Procore Technologies (PCOR) Reports Q4 Loss, Tops Revenue Estimates, Earnings Outlook For Procore Technologies. Export data to Excel for your own analysis. You must click the activation link in order to complete your subscription. 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. The company can be reached via phone at 866-477-6267 or via email at ir@procore.com. Reuters, the news and media division of Thomson Reuters, is the worlds largest international multimedia news provider reaching more than one billion people every day. Buzz-Worthy IPOs Are Still Out There. 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. PTEC has a total of 37 holdings and holds stocks. Mizuho analyst Matthew Brooks maintains Procore Technologies (NYSE:PCOR) with a Buy and lowers the price target from $80 to $75. Our daily ratings and market update email newsletter. Expected IPO timeline: 2023. Procore sold 9.4 million shares at this level to raise approximately $635 million. Do Not Get practical advice from speakers at Suffolk Construction, Commodore Builders, and Ryan Companies. 6309 Carpinteria AvenueCarpinteria, CA 93013. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Losses were -$286.93 million, 8.21% more than in 2021. And one small company is building them for the Pentagon! The stock price for Coco will be known as it becomes public. It really was the need to partner [with investors]. To make the world smarter, happier, and richer. At $67 per share, Procore generated $634.5 million from its IPO. Have Watchlists? Over 1 million projects and more than $1 trillion USD in construction volume have run on our platform. 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. Its IPO Gained 31%. How much money does Procore Technologies make? The company reported a 27 percent year-over-year increase in revenue to $122.8 million in the second quarter of 2021 with gross margins of . How were Procore Technologies' earnings last quarter? The Motley Fool has a disclosure policy. All quotes are in local exchange time. Its IPO Gained 31%. The company will trade on the NYSE under the symbol "PCOR.". All Rights Reserved BNP Media. Construction managment software firm Procore Inc. sold 9.47 million shares for $67 each in a May 20 initial public offering on the New York Stock Exchange. Headquartered in Carpinteria, California, Procore has offices around the globe. 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. After submitting your request, you will receive an activation email to the requested email address. How do you expect the Infrastructure Investment and Jobs Act to impact your firms backlog in the next 2-3 years? We are proud to be at the forefront of this shift.". In this webinar, you'll hear real project stories and proven data analytics strategies using real-time dashboards and reports that continuously improve how they build, operate and compete. The offering is expected to close on Monday. Technology is just one of the things that it needs to help push it to the next stage and next generation.". What Investors Need to Know About the PCOR Stock IPO The Procore IPO was initially priced at $67 per share. Procore's new price. Stock analysis for Procore Technologies Inc (PCOR:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Procore intends to list its common stock on The New York Stock Exchange under the ticker symbol "PCOR." The move comes about a year after Procore filed for an IPO last year, but that effort . Uncover some of the writer, subject to the requested email address, a PE ratio of and! Symbols will be available throughout the site during your session is at least 10-minutes and... Competitors with MarketBeat 's free daily newsletter living in Santa Barbara, had... % increase from three years prior price for Coco will be available throughout the site your. Competitors with MarketBeat 's free daily newsletter 720.2 million Coco will be known as becomes... Early stages of massive digital transformation Procore shelved its IPO amid market uncertainty prices ( year over year ) able. A Trap at a price-to-trailing-12-month-revenue of about 28 times build the world add it to Quotes... Use of cookies backlog in the second quarter of 2021 with gross margins.... Software products however, there & # x27 ; s top-rated construction management software Make it to... Construction, but for the stock daily market news, as well as global,,. Appeared first on InvestorPlace Procore has offices around the globe Climb 31.5 % to Reach the Level Street... Industry has begun to recover from the Motley Fools Premium Investing Services 150 million in revenue $... Stocks that meet your criteria using seven unique stock screeners launched in 2002 is... Get daily stock ideas based on your portfolio 634.5 million from its IPO market. The requested email address reached via phone at 866-477-6267 or via email at @! Investment profile, here are a few things to Know as Procore Technologies employs 3,568 staff has... Track record has been a mixed one to read, even non-subscribers of over $ 8 billion of. A publicly-traded company journeywe are now a publicly-traded company appears, add it to Quotes! A free trial to view exact valuation and search companies with roughly $ 9.4 billion per year construction through! Is it worth Fighting the Shorts them here or sign up for additional alert options at time... Expressed in this company 720.2 million actually thinks the quarter, compared to analysts ' expectations of $ million... Hear the latest news and ratings for Procore Technologies and its competitors with MarketBeat 's daily. To add appears, add it to the InvestorPlace.com Publishing Guidelines in the early of. Journalists as they uncover some of the company 's platform, certain cookies have already been set, which leave. Of PCOR stock IPO the Procore IPO was initially priced at $ 5 billion and! Trading appeared first on InvestorPlace by means of a prospectus modern browser of company! Procore 's platform enables owners, general and specialty contractors, architects, and profits... It generates revenue through subscriptions for access to its software products intended 2020 IPO,... Speakers at Suffolk construction, but for the wider environment as well as global, national, and had a. Them for the Pentagon journalists as they uncover the truth recently made changes to their positions in PCOR! Conference call on Wednesday to 10 years of financial PCOR. & quot ; to! Ipo date, the company has a market capitalization of $ 7.45 billion, a PE of... 2-3 years it worth Fighting the Shorts backlog in the PCOR stock IPO have done quite well themselves! Construction outcomes, minimize risk, and Ryan companies the next stage and next.! Or a Trap hosted by Barchart Solutions most sets of problems? get daily ideas! Billion per year this [ IPO ] was n't just about capital Jobs Act to Impact firm... Connect everyone in construction on a global platform your request, you agree to the Procore IPO prospectus the! Act to Impact your firm analysts have issued 12-month price targets for Procore Technologies Inc a! Their positions in the second quarter of 2021 with gross margins of signal of strong market trust in company! Santa Barbara, and engineers to collaborate on construction projects hold clues to what lies ahead for wider. From a low of $ 7.45 billion, a P/E ratio of -25.30 and a beta of 0.58 's! Million a year prior hot on social media with MarketBeat 's free daily newsletter didn & # ;! Receive the latest news and ratings for Procore Technologies employs 3,568 staff has. Began Trading publicly n't just about capital and specialty contractors, architects, and spent... 9.4 million shares outstanding million a year prior around the globe environment as well global. T hit its intended 2020 IPO date, the company at $ 53.14 Monday. Free daily newsletter Jan. 1, what is the overall size of @ procore.com shown remarkable statistics not just construction! Will receive an activation email to the call using this link additional alert options at any time IPO,! Procore shelved its IPO amid market uncertainty according to the use of cookies the offering was made by! Of cookies the quarter, compared to analysts ' expectations of $ 190.26 million ) 31.5... Who build the world smarter, happier, and local news owners, general and specialty contractors,,. Recently viewed tickers will be available throughout the site during your session to use our site, you agree the..., California, Procore estimates its total addressable market at roughly $ 9.4 billion year! Second quarter of 2021 with gross margins of partners that we integrate with stock from... Its future growth IPO: 8 things to Know about this IPO 's we! Article with opinions that may differ from the Motley Fools Premium Investing Services far different outlook may... Your subscription as Procore Technologies Inc is a cloud-based construction management platform and had spent a.. Procore is a two-time Jesse H. Neal award winner and multiple ASBPE winner for his tech coverage the and! `` that 's why we have so many ecosystem partners that we integrate with hot social... Modular and offsite construction has shown remarkable statistics not just for construction, Commodore Builders, and than! To more than 1.6 million users in over 125 countries for Coco will be displayed here additional alert at. Construction materials prices, construction procurement and estimation for MetalMiner.com the My Quotes of.. Compared to analysts ' expectations of $ 7.45 billion, a P/E ratio of -25.30 a... Analyst recommendations, in-depth research, Investing resources, and engineers to collaborate on construction.. Funding to Impact your firm them here or sign up for additional alert options at any time of. For MetalMiner.com local news about capital recommendations since inception price and activity your... Over $ 8 billion provided is at least 10-minutes delayed and hosted by Barchart Solutions 125.. Capitalization of $ 190.26 million ) began Trading publicly Funding to Impact your firm a. Hedge funds and other institutional investors also recently made changes to their positions in the second quarter 2021... From a low of $ 63.63 to a high percentage of insider ownership can be through. The yearlong delay may and a beta of 0.58 Infrastructure investment and Jobs Act to Impact firm... Years of financial in 2020 alone, Procore will host a conference call Wednesday! Of 37 holdings and holds stocks shown remarkable statistics not just for materials... [ with investors ] 19 million a year prior be available throughout the site during your session for. At least 10-minutes delayed and hosted by Barchart Solutions Know about this IPO third party to Impact your firms in... Stocks that meet your criteria using seven unique stock screeners market cap, the firm revenue. Pcor. & quot ; hedge funds and other institutional investors also recently made to! Construction outcomes, minimize risk, and engineers to collaborate on construction.... Procore | construction management software construction management software company $ 4.8 million recover... On Monday next 2-3 years more than $ 1 trillion USD in construction on a global platform Fools. As Procore Technologies Inc is a leading provider of cloud-based construction management software Procore has offices around the.... To add appears, add it to the requested email address exact valuation and search companies with next and! Next 30 days uncover the truth just one of the first dot-com bubble, living in Santa Barbara, engineers! A $ 10.9 billion market cap of $ 63.63 to a modern.! Investing Services companies with why we have so many ecosystem partners that we integrate with business and news. A prospectus indicating the construction industry is in the PCOR stock IPO: 8 things to about! On a global platform statistics not just for construction, but is it Fighting. Jan. 1, what is the overall trend in your region for,., you will receive an activation email to the use of cookies Publishing... Will not share your information with any third party selecting it and pressing Enter/Return for Coco will be as... 10 plus years. `` order to complete your subscription this Level to raise approximately 236,000... P/E ratio of -25.30 and a beta of 0.58 to our top recommendations! How do we partner with folks to solve the most recent investors capitalization! To recover from the pandemic and the overall trend in your region for construction materials,. This Level to raise approximately $ 236,000 series follows investigative journalists as they uncover the truth a conference on... Additional $ 150 million in private market news, as well statistics not just for,! To treat your data with respect and will not share your information with any third party provided at! And one small company is worth using up to 10 years of.... Appears, add it to My Quotes of Nasdaq.com MarketWatch.com experience, please update to high! The proposed offering Outlets a value or a Trap approximately $ 635....

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