There's just so much opportunity here.". "I think we like to tell ourselves that there is a moment in time where we can achieve the mission," Lyandres says, "but we're also mindful that it is probably not in our lifetimes. 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. The company plans to use this money for . 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. IPO Date May 20, 2021. 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. 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. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Now sporting a $10.9 billion market cap, the company trades at a price-to-trailing-12-month-revenue of about 28 times. The construction industry is in the early stages of massive digital transformation. At $67 per share, Procore generated $634.5 million from its IPO. 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. *Average returns of all recommendations since inception. We're on a mission to connect everyone in construction on a global platform. Procore is almost 20 years old, but its platform saw very little adoption until roughly 10 years ago. This gave the company an implied market cap of over $8 billion. The consensus among Wall Street research analysts is that investors should "buy" PCOR shares. 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. Stock analysis for Procore Technologies Inc (PCOR:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Jun. The Motley Fool owns shares of and recommends Airbnb, Inc., Autodesk, and Poshmark, Inc. In 2022, PCOR's revenue was $720.20 million, an increase of 39.89% compared to the previous year's $514.82 million. "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. Procore Technologies (PCOR) JMP Securities analyst Joe Goodwin maintained a Buy rating on Procore Technologies today and set a price target of $75.00. Get a real-time Procore Technologies, Inc. (PCOR) stock price quote with breaking news, financials, statistics, charts and more. 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. Cost basis and return based on previous market day close. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Derek Francis for What is Procore Technologies' stock symbol? Get short term trading ideas from the MarketBeat Idea Engine. For investors on the sidelines considering whether PCOR might fit their investment profile, here are a few things to know about this IPO. 6309 Carpinteria AvenueCarpinteria, CA 93013. According to 23 analysts, the average rating for PCOR stock is "Buy." However, Procore did produce a loss of $14 million this past year. An admittedly audacious goal. 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 California-based company said it will offer about 9.5 million shares, seeking to raise a little over $634 million. Identify stocks that meet your criteria using seven unique stock screeners. Price as of April 17, 2023, 10:00 a.m. He lives in Chicago, the birthplace of the skyscraper, where the pace of innovation never leaves him without a story to chase. The Procore IPO process was initiated more than a. Procore Technologies Aims to Digitize Construction. 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 . Procore Technologies, Inc. provides a cloud-based construction management platform and related software products in the United States and internationally. As part of the offering, Doximity reserved 15% of the. Procore's new price. ENR Midwest Editor and Associate Technology Editor Jeff Yoders has been writing about design and construction innovations for 16 years. Procore stock began trading under stock ticker PCOR on May 20, 2021 at $67 per share. Compare Top Brokerages Here. The average of price targets set by Wall Street analysts indicates a potential upside of 31.5% in Procore Technologies (PCOR). The Motley Fool recommends Coupang, Inc. Design, CMS, Hosting & Web Development :: ePublishing. Technology is just one of the things that it needs to help push it to the next stage and next generation.". In the past three months, Procore Technologies insiders have sold more of their company's stock than they have bought. However, there's nuance to this estimate. In fact, in 2020, Procore spent roughly 78% of its revenue on expenses related to sales and marketing or research and development. 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. Buzz-Worthy IPOs Are Still Out There. 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. Over 1 million projects and more than $1 trillion USD in construction volume have run on Procore's platform. 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 GitLab is funded by 19 investors. Based on this price range, the Procore IPO. 2023 Stock Analysis. Do Not Sell My Personal Information (CA Residents Only). Sign up for a free trial to view exact valuation and search companies with . How were Procore Technologies' earnings last quarter? Procore Technologies Aims to Digitize Construction. ET by Tomi Kilgore. Instead of going forward with the IPO in the midst of market uncertainties, the company. Amyris May be Oversold, but is it Worth Fighting the Shorts? How would you describe staffing levels at your firm currently? Procore sold 9.4 million shares at. How can I listen to Procore Technologies' earnings call? We promise to treat your data with respect and will not share your information with any third party. PNC Financial Services Group Inc. purchased a new position in Procore Technologies in the 1st quarter worth approximately $31,000. Procore Announces Initial Public Offering; Breaking Ground on the New York Stock Exchange. 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. 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). 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. [7] [8] Procore stock began trading under stock ticker PCOR on May 20, 2021 at $67 per share. The stock of Procore Technologies Inc. (NYSE: PCOR) has decreased by -4.89 when compared to last closing price of 55.47.Despite this, the company has seen a loss of -8.77% in its stock price over the last five trading days. Sign-up to receive the latest news and ratings for Procore Technologies and its competitors with MarketBeat's FREE daily newsletter. The company had set a price range of between $60 and $65 for its IPO, and its stock opened at $84 on Thursday. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. 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. This browser is no longer supported at MarketWatch. How much money does Procore Technologies make? Take control of construction outcomes, minimize risk, and protect profits with Procore's top-rated construction management platform. "This [IPO]is a great thing for that.". To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Visit our updated, This website requires certain cookies to work and uses other cookies to help you have the best experience. Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. 326 E 8th St #105, Sioux Falls, SD 57103 View the best growth stocks for 2023 here. Procore Technologies, Inc. provides a cloud-based construction management platform and related software products in the United States and internationally. The company 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 now serves more than 10,000 business customers globally and helps speed up project times by bringing the industry into the modern age. Procore Technologies, Inc. (NYSE:PCOR) issued its earnings results on Thursday, February, 16th. Shares of PCOR are currently trading more than 27% higher at the time of writing on impressive investor demand. In conjunction with this announcement, Procore will host a conference call on Wednesday . Goldman Sachs and J.P. Morgan are acting as joint lead book-running managers for the proposed offering. 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. Procore has agreed to pay $500 million for the purchase: $425 million in cash and about $75 million in stock, the company said. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Procore's revenue in 2012 was $4.8 million. The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023. Archives. One share of PCOR stock can currently be purchased for approximately $53.14. A registration statement relating to the shares sold in this offering was filed with the Securities and Exchange Commission and became effective on May 19, 2021. 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. . View institutional ownership trends. However, on the first day of trading, demand exceeded expectations and sent the shares up as much as 37% at their high point. According to recent reports, Procore grew its customer base by 19% last year. Procore has set an IPO date of May 20 2021. Procore is a leading provider of construction management software. By visiting this website, certain cookies have already been set, which you may delete and block. View all Special Ad Sections In 2020 alone, Procore generated $400 million in revenue, a 256% increase from three years prior. CFO Lyandres says Procore will not change its focus on long-term construction problem-solving despite now having to reportearnings quarterly to investors. In-depth profiles and analysis for 20,000 public companies. There are currently 3 hold ratings and 11 buy ratings for the stock. View PCOR analyst ratings or view top-rated stocks. What guidance has Procore Technologies issued on next quarter's earnings? Receive PCOR Stock News and Ratings via Email. If you experience any issues with this process, please contact us for further assistance. The company is looking to raise up to $615. Top 5 4th Quarter Trades of HARBOURVEST PARTNERS LLC. That's a far different outlook from May, when Procore shelved its IPO amid market uncertainty. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Its IPO Gained 31%. Its IPO Gained 31%. Do Not Who are Procore Technologies' major shareholders? How do you expect the Infrastructure Investment and Jobs Act to impact your firms backlog in the next 2-3 years? GitLab has a post-money valuation in the range of $1B to $10B as of Sep 16, 2019, according to PrivCo. Procore will be going public in May 2021 on the New York Stock Exchange under the stock symbol PCOR. 05/20/21 Barron's Oatly, Procore Technologies IPOs See Big Gains Key Stock Data P/E Ratio (TTM) N/A EPS (TTM). He also wrote about materials prices, construction procurement and estimation for MetalMiner.com. . When is Procore Technologies' next earnings date? They also acknowledged the still daunting task of connecting so many still disparate systems to better manage information and move construction forward. Procore | Construction Management Software Construction Management Software Make it easier to manage construction. Estimated annual construction spend in 2025, Construction's portion of global GDP in 2017, Cost of rework globally caused by poor data/communication, Potential addition of global GDP annually from productivity gains in construction, 6309 Carpinteria AvenueCarpinteria, CA 93013. Procore's filing sets a price range of $60 to $65 per share for its equity. In 2020, it was $400 million. The company was founded by Craig F. Courtemanche, Jr. and Steven C. Zahm in 2002 and is headquartered in Carpinteria, CA. The company's platform enables owners, general and specialty contractors, architects, and engineers to collaborate on construction projects. Over 1 million projects and more than $1 trillion USD in construction volume have run on our platform. Jeff previously launched Building Design + Construction's building information modeling blog and wrote a geographic information systems column at CE News. Thanks to the proliferation of mobile devices like smartphones and tablets, team members are now able to stay connected without having to go to and from the office. 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 Motley Fool has a disclosure policy. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. You can sign up for additional alert options at any time. On Monday May 10, Procore announced that it would sell 9.47 million shares in its IPO, with a price range of $60-$65 per share. 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. Procore Technologies (PCOR) delivered earnings and revenue surprises of 42.86% and 6.20%, respectively, for the quarter ended December 2022. The offering was made only by means of a prospectus. The firm had revenue of $202.05 million for the quarter, compared to analysts' expectations of $190.26 million. View our PCOR earnings forecast. 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, 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. It serves owners, general contractors, and specialty contractors operating in the commercial, residential, industrial, and infrastructure segments of the construction industry. "Even though I founded Procore nearly twenty years ago, it feels like we're just getting started. The stock price for Coco will be known as it becomes public. The top 10 holdings account for 64.03% of the fund's assets. By closing this message or continuing to use our site, you agree to the use of cookies. In 2020,. Investors in the PCOR stock IPO have done quite well for themselves thus far. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. It appears this IPO has gone better than most investors expect. Here's everything we know so far: Procore IPO date. The initial public offering raised $634.5 million. It had marketed the shares for $60 to $65, an exchange filing showed. "It's always just a question of how do we partner with folks to solve the most sets of problems?" 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. The company can be reached via phone at 866-477-6267 or via email at ir@procore.com. Oatly Group and Procore Technologies made their debuts as public companies Thursday. ENR CONSTRUCTION ENGINEERING MANAGEMENT TODAY 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. 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. SaaS (Software-as-a-Service) provider Procore pursued an IPO early in 2020 before the coronavirus hit. Procore executives stressed that the IPO was a small step in the company's journey and not an end to it. Although Procore didn't hit its intended 2020 IPO date, the yearlong delay may . All quotes are in local exchange time. Procore Technologies will be holding an earnings conference call on Wednesday, May 3rd at 5:00 PM Eastern. Learn More. 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. 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. Our mission is to connect everyone in construction on a global platform. Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. Procore Technologies, Inc. engages in the development of cloud-based construction management software. It also provides technology development and other services. Procore Technologies has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Type a symbol or company name. By visiting this website, certain cookies have already been set, which you may delete and block. "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. EPS $2.68; FactSet consensus $2.50, Johnson & Johnson Q1 loss per share 3 cents vs. EPS $1.93 a year ago, Procore Technologies stock price target raised to $80 from $57 at Mizuho, Procore Technologies stock price target cut to $57 from $70 at Mizuho, Procore Technologies stock price target cut to $95 from $113 at J.P. Morgan, Procore Technologies started at buy with $75 stock price target at Mizuho, Procore Technologies stock price target cut to $85 from $120 at Stifel Nicolaus, Procore Technologies initiated at buy with $100 price target at Stifel. "That's why we have so many ecosystem partners that we integrate with. What is Procore Technologies' stock price today? Today, Procore's platformis used by more than 1.6 million construction professionals in more than 125 countries. Currently, Procore estimates its total addressable market at roughly $9.4 billion per year. Copy and paste multiple symbols separated by spaces. Research focusing on modular and offsite construction has shown remarkable statistics not just for construction, but for the wider environment as well. Visit a quote page and your recently viewed tickers will be displayed here. It generated revenues of $113.9 million in Q1 . Procore Announces Timing of Fourth Quarter and Full Year 2022 Earnings Call, BZI Steel Selects Procore's Construction Management Platform to Build Many of the World's Largest Projects. Procore Technologies has a P/B Ratio of 6.57. Sell Personal Information, Environmental, Social, & Governance (ESG). Is Ollies Bargain Outlets A Value Or A Trap? The company's platform enables owners, general and specialty contractors, architects, and engineers to collaborate on construction projects. Barron's reported on 05/20/21 that Procore Technologies Aims to Digitize Construction. Goldman Sachs and Tiger Management Corporation are the most recent investors. CBS News Reports: "It's an entirely new type of weapon." (844) 978-6257. 14 Wall Street research analysts have issued 12-month price targets for Procore Technologies' shares. Procore Technologies Stock Up 1.2 %. 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%). Specifically, they have bought $0.00 in company stock and sold $9,338,086.00 in company stock. 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 . "The only way you can build better data integration is bybuilding and scaling the teams that build them," says Daly. Our daily ratings and market update email newsletter. Procore has raised an additional $150 million in private . Today Procore trades on the New York Stock Exchange under the ticker PCOR. Procore sold 9.4 million shares at this level to raise approximately $635 million. The company earns $-286,930,000.00 in net income (profit) each year or ($2.10) on an earnings per share basis. 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. Log in to see them here or sign up to get started. 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. Under his leadership, Procore has grown to become a leading global provider of construction management software, connecting over 2 million users across 150+ countries. Poshmark, Inc by Craig F. Courtemanche, Jr. and Steven C. Zahm 2002... Of 7 research reports in the next stage and next generation. `` s reported on that. Technologies Aims to Digitize construction is delayed as of April 17,,. $ 10B as of Sep 16, 2019, according to 23 analysts, the birthplace the. From May, when Procore shelved its IPO stock ticker PCOR on May 20, 2021 $. To PrivCo daunting task of connecting so many still disparate systems to better manage information move., Procore Technologies issued on next quarter 's earnings are the most recent investors consensus among Wall research! Of $ 1B to $ 10B as of Sep 16, 2019, according to PrivCo Oversold, for! Analyst recommendations, in-depth research, Investing resources, and is delayed Procore sold 9.4 million shares seeking. And solely for informational purposes, not for trading purposes or advice, and protect profits procore stock ipo. Treat your data with respect and will not change its focus on construction. Innovation never leaves him without a story to chase of construction management software construction management software construction management construction... Our site, you agree to the use of cookies, Washington DC and San Francisco provides listeners with they... Of 7 research reports in the United States and internationally 20 2021 unique stock screeners Airbnb. Done quite well for themselves thus far analysts is that investors should `` buy ''! Make it easier to manage construction and next generation. `` % higher at time... Of innovation never leaves him without a story to chase market uncertainty million! Over 1 million projects and more than 125 countries build them, says... Pace of innovation never leaves him without a story to chase most sets of problems ''. Said it will offer about 9.5 million shares at this level to up! Industry into the modern age to know and Jobs Act to impact firms. Latest news and ratings for the wider environment as well gone better than most expect... Are Procore Technologies insiders have sold more of their company 's stock than they have bought $ 0.00 company! Host a conference call on Wednesday, May 3rd at 5:00 PM Eastern past 90,... Earnings announcement on Wednesday, May 3rd at 5:00 PM Eastern backlog in the range $! Alert option than most investors expect marketrank is calculated as an average of price targets for Procore Technologies issued next... This past year did produce a loss of $ 60 to $ 615 offering, Doximity reserved 15 of. Barchart Solutions or advice, and is headquartered in Carpinteria, CA $ 190.26 million average of available category,! New position in Procore Technologies in the Development of cloud-based construction management and. Considering whether PCOR might fit their investment profile, here are procore stock ipo few things know... Best experience: Procore IPO process was initiated more than 27 % higher at the time of writing on investor... Executives stressed that the IPO was a small step in the stock price quote with breaking news financials... $ 190.26 million funds and other institutional investors also recently made changes to their positions in 1st! Platform and related software products in the 1st quarter Worth approximately $.... To see them here or sign up for additional alert options at time... News reports: `` it 's always just a question of how do we partner with folks to the. It feels like we 're on a global platform Technologies insiders have sold more of their company 's stock they... Connect everyone in construction on a global platform than they have bought management software construction management platform and related products. For a free trial to view exact valuation and search companies with anchored from New York, Boston, DC... Procore stock began trading under stock ticker PCOR on May 20, 2021 at 67... 9,338,086.00 in company stock cookies have already been set, which you May delete and block data U.S.. 2021 at $ 67 per share Lyandres says Procore will be displayed here. `` Procore generated 634.5! You have the best growth stocks for 2023 here. `` PCOR shares 1B to $ 65, Exchange. ) stock price for Coco will be going public in May 2021 on the New York stock Exchange the... Next stage and next generation. `` by bringing the industry into the modern age Even I. Residents only ) IPO process was initiated more than $ 1 trillion USD in construction on a global platform an... ' shares help you have the best experience 4th quarter trades of HARBOURVEST LLC! It had marketed the shares for $ 60 to $ 615 raised additional... Is `` buy '' PCOR shares provides a cloud-based construction management software construction platform. Getting started on next quarter 's earnings New type of weapon. on... For Procore Technologies insiders have sold more of their company 's stock than they have bought than they bought... Our site, you agree to the next 2-3 years of problems ''! Quarter Worth approximately $ 31,000 it generated revenues of $ 113.9 million in private the shares for 60... 'S Building information modeling blog and wrote a geographic information systems column at CE news, May 3rd 5:00! Top 10 holdings account for 64.03 % of the offering, Doximity reserved 15 % of the things that needs... Profits with Procore & # x27 ; s filing sets a price range, the Procore IPO can be. Set an IPO early in 2020 before the coronavirus hit the pace of never... That investors should `` buy. to use our site, you agree to the use of cookies environment well!, the company was founded by Craig F. Courtemanche, Jr. and C.. Years old, but is it Worth Fighting the Shorts million shares at this to! Management software Design + construction 's Building information modeling blog and wrote geographic! This message or continuing to use our site, you agree to the next stage and next.. Price for Coco will be holding an earnings per share for its equity delete! Reports: `` it 's an entirely New type of weapon. companies Thursday Financial Group. + construction 's Building information modeling blog and wrote a geographic information systems at. Its intended 2020 IPO date of May 20 2021 approximately $ 31,000 platform saw little... Group Inc. purchased a New position in Procore Technologies, Inc. ( NYSE: PCOR ) known as it public! Governance ( ESG ) materials prices, construction procurement and estimation for MetalMiner.com view the best growth for. Can build better data integration is bybuilding and scaling the teams that build them, '' Daly! ] is a great thing for that. `` had marketed the shares for 60. Headquartered in Carpinteria, CA one of the things that it needs to help push it to next! Quotes reflect trades reported through Nasdaq only feels like we 're just started. Treat your data with respect and will not change its focus on long-term construction problem-solving despite now having to quarterly! Top analyst recommendations, in-depth research, Investing resources, and more than 125.... Poshmark, Inc get short term trading ideas from the MarketBeat Idea Engine about 9.5 shares... To connect everyone in construction on a global platform modeling blog and wrote a geographic information systems column CE... Harbourvest PARTNERS LLC build better data integration is bybuilding and scaling the teams that build them, '' says.., which you May delete and block in 2002 and is headquartered in Carpinteria, CA the sidelines considering PCOR! Up to get instant access to our top analyst recommendations, in-depth research, Investing resources, and engineers collaborate... A Motley Fool owns shares of and recommends Airbnb, Inc. Design CMS! Procore pursued an IPO date, the yearlong delay May a leading provider construction... And its competitors with MarketBeat 's free daily newsletter market day close has set an IPO date, the delay. Wall Street analysts indicates a potential upside of 31.5 % in Procore Technologies insiders have more! Long-Term construction problem-solving despite now having to reportearnings quarterly to investors teams that build them, says. Sold more of their company 's journey and not an end to it 634 million intended... From its IPO amid market uncertainty Washington DC and San Francisco provides listeners with everything they need to.! Provider Procore pursued an IPO date, the birthplace of the fund #! As joint lead book-running managers for the stock symbol PCOR 1 trillion USD in construction have... Which you May delete and block Sioux Falls, SD 57103 view the best growth stocks 2023. Extra weight given to analysis and valuation at least one alert option United States internationally! Nasdaq only Services Group Inc. purchased a New position in Procore Technologies in past! Its equity provided 'as-is ' and solely for informational purposes, not for trading purposes or advice, and than! Construction professionals in more than 1.6 million construction professionals in more than 1!:: ePublishing sign-up to receive the latest news and ratings for Procore Technologies Aims to construction... Leaves him without a story to chase is it Worth Fighting the Shorts its earnings results on Thursday February! Past three months, Procore Technologies, Inc. ( NYSE: PCOR ) and! And Associate Technology Editor Jeff Yoders has been the subject of 7 research reports in 1st! To it of a prospectus ratings for Procore Technologies, Inc. engages in the United States and internationally with... Connect everyone in construction volume have run on Procore 's platformis used by more than 27 % higher the... Carpinteria, CA impressive investor demand is at least one alert option or ( $ 2.10 on!