Procore Technologies Stock Target Price and Analyst Consensus

PCOR Stock  USD 80.21  3.53  4.60%   
The current analyst and expert consensus on Procore Technologies is Buy with 6 buy recommendations. The current projected Procore Technologies target price consensus is 83.07, with 21 analyst opinions. Procore Technologies buy-or-sell recommendation module provides average expert sentiment on the projected Procore Technologies target price to derive its highest and lowest estimates based on target price estimated volatility of 2.3372. Check out Macroaxis Advice on Procore Technologies to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Procore Stock, please use our How to Invest in Procore Technologies guide.
Lowest Forecast
75.59
Highest Forecast
92.21
Target Price
83.07
As of 11/25/2024, Gross Profit is likely to drop to about 403 M. In addition to that, Pretax Profit Margin is likely to drop to -0.21. At this time, Procore Technologies' Capital Lease Obligations is relatively stable compared to the past year. As of 11/25/2024, Total Liabilities is likely to grow to about 767.8 M, while Total Current Liabilities is likely to drop slightly above 363.4 M.
  
It's important to approach Procore Technologies' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Procore Technologies price targets

Procore Technologies' stock target price is an estimate of its future price, usually made by analysts. Using Procore Technologies' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Procore Technologies' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Procore Technologies' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Procore Technologies Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Procore Technologies is a key component of Procore Technologies valuation and have some predictive power on the future returns of a Procore Technologies.
Hype
Prediction
LowEstimatedHigh
74.6976.9779.25
Details
Intrinsic
Valuation
LowRealHigh
69.0183.3685.64
Details
Naive
Forecast
LowNextHigh
71.9874.2676.54
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.240.260.28
Details

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Additional Tools for Procore Stock Analysis

When running Procore Technologies' price analysis, check to measure Procore Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Procore Technologies is operating at the current time. Most of Procore Technologies' value examination focuses on studying past and present price action to predict the probability of Procore Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Procore Technologies' price. Additionally, you may evaluate how the addition of Procore Technologies to your portfolios can decrease your overall portfolio volatility.