Learn more at Procore.com. Procore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, today announced that it will report its first quarter fiscal year 2023 financial results after the U.S. financial markets close on Wednesday, May 3, 2023. The company plans to use this money for . 326 E 8th St #105, Sioux Falls, SD 57103 Procore will list its stock on . 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. Its backers include D1 Capital Partners and Tiger Global, among others. Jun. Goldman Sachs, J.P. Morgan, Barclays and Jefferies served as the underwriters for the IPO and Canaccord Genuity, KeyBanc Capital Markets, Oppenheimer, Piper Sandler, Stifel and William Blair were co-managers. The initial public offering raised $634. Find the latest Procore Technologies, Inc. (PCOR) stock quote, history, news and other vital information to help you with your stock trading and investing. Sell Personal Information, Environmental, Social, & Governance (ESG). In 2020 alone, Procore generated $400 million in revenue, a 256% increase from three years prior. Goldman Sachs and Tiger Management Corporation are the most recent investors. 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). We are proud to be at the forefront of this shift.". Their stock opened with $77.00 in its Oct 14, 2021 IPO. Visit our updated. Procore Technologies Aims to Digitize Construction. 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. When do you expect states/localities in your area to start advertising Infrastructure Investment and Jobs Act-funded projects? All rights reserved. Procore | Construction Management Software Construction Management Software Make it easier to manage construction. The offering was made only by means of a prospectus. Procore Technologies (PCOR) Soars 5.9%: Is Further Upside Left in the Stock? "That's why we have so many ecosystem partners that we integrate with. The shares are listed for trading on the New York Stock Exchange under the ticker symbol PCOR.. Visit our updated, This website requires certain cookies to work and uses other cookies to help you have the best experience. The initial public offering raised $634.5 million. Procore is a leading provider of construction management software. This is due to data indicating the construction industry has begun to recover from the pandemic and the overall size of . 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. How much money does Procore Technologies make? You must click the activation link in order to complete your subscription. That gives Procore, which was valued at $5 billion in a private funding. Its IPO Gained 31%. Procore Announces Initial Public Offering; Breaking Ground on the New York Stock Exchange. What Investors Need to Know About the PCOR Stock IPO The Procore IPO was initially priced at $67 per share. The company will trade on the NYSE under the symbol "PCOR.". The Motley Fool has a disclosure policy. It generates revenue through subscriptions for access to its software products. 82.50% of the stock of Procore Technologies is held by institutions. After submitting your request, you will receive an activation email to the requested email address. Do You Expect the Infrastructure Acts Funding to Impact Your Firm? It serves owners, general contractors, and specialty contractors operating in the commercial, residential, industrial, and infrastructure segments of the construction industry. 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. Who are Procore Technologies' major shareholders? Plus500. 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 sold 9.4 million shares at this level to raise approximately $635 million. These symbols will be available throughout the site during your session. Identify stocks that meet your criteria using seven unique stock screeners. Over 1 million projects and more than $1 trillion USD in construction volume have run on our platform. 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. Today, Procore's platformis used by more than 1.6 million construction professionals in more than 125 countries. Procor is a provider of cloud-based construction management software. 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. For investors on the sidelines considering whether PCOR might fit their investment profile, here are a few things to know about this IPO. Ever since Procore launched in 2002, there's been one major . Procore Technologies, Inc. was incorporated in 2002 and is headquartered in Carpinteria, California. We're on a mission to connect everyone in construction on a global platform. Procore Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "PCOR.". 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. Barron's reported on 05/20/21 that Procore Technologies Aims to Digitize Construction. After submitting your request, you will receive an activation email to the requested email address. 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). Procore Technologies Trading Up 1.2 %. 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. Intraday data delayed at least 15 minutes or per exchange requirements. All Rights Reserved BNP Media. Privacy Notice | In 2020, it was $400 million. Procore Technologies' stock was trading at $47.18 at the beginning of the year. "As there started to be more clarity and we started to see the world come back, we went back to our original premise of why we were going public.". Tooey's path into entrepreneurship was unorthodox. In fact, in 2020, Procore spent roughly 78% of its revenue on expenses related to sales and marketing or research and development. Washington D.C., United States Of America - Procore Stock (PCOR NYSE) sunk 14% this week from a high of 104.86. 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. 05/20/21 Barron's Oatly, Procore Technologies IPOs See Big Gains Key Stock Data P/E Ratio (TTM) N/A EPS (TTM). With construction being one of the least digitized industries in the world, it's no surprise that management is spending lots of money on sales and marketing as it goes after a huge base of potential customers. The company will list its stock on the New York Stock Exchange under the symbol "PCOR" and will begin trading on Thursday. Buy Procore Technologies Stocks. The average of price targets set by Wall Street analysts indicates a potential upside of 31.5% in Procore Technologies (PCOR). What impact does your firm expect from future IIJA funding? By visiting this website, certain cookies have already been set, which you may delete and block. Expected IPO timeline: 2023. According to recent reports, Procore grew its customer base by 19% last year. Procore Technologies (PCOR) JMP Securities analyst Joe Goodwin maintained a Buy rating on Procore Technologies today and set a price target of $75.00. Procore was recently given a potential price in the $60 to $65 range for its IPO. Do Not Procore Technologies shares (PCOR) are listed on the NYSE and all prices are listed in US Dollars. says Lyandres. 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 also provides Resource Management that helps contractors to schedule, track, and forecast labor productivity, enhance time management, communication with workforces, 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 facilitates untethered access to financial data, linking the field, and the office in real-time. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Currently, shares are trading around $85. 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. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Analyst Price Forecast Suggests 48.35% Upside As of April 7, 2023, the average one-year price target for Procore Technologies is $77.88. 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 . Today Procore entered a new phase of its journeywe are now a publicly-traded company. The company initially marketed stock . Goldman Sachs and J.P. Morgan are acting as joint lead book-running managers for the proposed offering. It also provides technology development and other services. View institutional ownership trends. In-depth profiles and analysis for 20,000 public companies. Research focusing on modular and offsite construction has shown remarkable statistics not just for construction, but for the wider environment as well. Procore Technologies stock price target cut to $95 from $113 at J.P. Morgan. 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. (Reporting by Derek Francis in Bengaluru; Editing by Devika Syamnath), ((derek.francis@thomsonreuters.com; +91-9986311363 and @derekfrancis089 on Twitter;)). How would you describe staffing levels at your firm currently? That's nearly double the valuation of its closest competitor, Autodesk (ADSK 1.25%), which trades at a multiple of 16. There are currently 3 hold ratings and 11 buy ratings for the stock. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. PTEC has a total of 37 holdings and holds stocks. Type a symbol or company name. CARPINTERIA, Calif.--(BUSINESS WIRE. The company provided EPS guidance of for the period. 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. It really was the need to partner [with investors]. The company's shares closed last Friday at . The Procore platform connects every project stakeholder to solutions we've built specifically for the construction industryfor the owner, the general contractor, and the specialty contractor. In the May 20 IPO on the New York Stock Exchange, it beat that range, selling 9.47 million shares for $67 each. PCOR stock opened at $53.14 on Monday. Interested parties can register for or listen to the call using this link. Learn More. Something went wrong while loading Watchlist. Can Procore Technologies (PCOR) Climb 31.5% to Reach the Level Wall Street Analysts Expect? What is Procore Technologies' stock symbol? The company sold 9.47 million shares for $67 each, according to a press release Thursday. View PCOR analyst ratings or view top-rated stocks. The company's average rating score is 2.79, and is based on 11 buy ratings, 3 hold ratings, and no sell ratings. 16, 2022 at 7:14 a.m. Controller & Principal Accounting Officer, Exec. InvestorPlace - Stock Market News, Stock Advice & Trading Tips. Our mission is to connect everyone in construction on a global platform. The construction industry is in the early stages of massive digital transformation. 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 How can I listen to Procore Technologies' earnings call? As Procore was gearing up for its public offering, shares were expected to trade between $60 and $65, finally debuting at $67 a share. You must have JavaScript enabled to enjoy a limited number of articles over the next 30 days. 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. American Consumer News, LLC dba MarketBeat 2010-2023. What is Procore Technologies' stock price forecast for 2023? Copyright 2023 MarketWatch, Inc. All rights reserved. The company is also home to more than 1.6 million users around the globe with more than $1 trillion of construction volume run on the platform. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. 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The firm had revenue of $202.05 million for the quarter, compared to analysts' expectations of $190.26 million. 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Stock Exchange NYSE. Theyre All About Growth. 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. Procore Technologies does not have a long track record of dividend growth. One share of PCOR stock can currently be purchased for approximately $53.14. 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 Technologies Inc. has set terms of its initial public offering, which would value the California-based construction management software company up to about $8.3 billion. 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 updated its first quarter 2023 earnings guidance on Monday, February, 20th. How do I buy shares of Procore Technologies? It had marketed the shares for $60 to $65, an exchange filing showed. 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. 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 stock, at a price to the public of $67.00 per share. An admittedly audacious goal. ET, This Software Company Is Taking Construction Into the Digital Age, Procore Just Delivered Another Quarter of Growth: Here's What Shareholders Need to Know, Here's Why Construction Platform Procore Just Made A $500 Million Acquisition, This Recent IPO's Product Suite is Revolutionizing the Stodgy Construction Industry. He was a veteran of the first dot-com bubble, living in Santa Barbara, and had spent a decade . 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.. Procore Technologies, Inc. provides a cloud-based construction management platform and related software products in the United States and internationally. This documentary-style series follows investigative journalists as they uncover the truth. 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. Before diving into the valuation, it's prudent to understand the landscape that Procore operates in. Procore's App Marketplace has a multitude of partner solutions that integrate seamlessly with our platform, giving construction professionals the freedom to connect with what works best for them. 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. Losses were -$286.93 million, 8.21% more than in 2021. 40.00% of the stock of Procore Technologies is held by insiders. Sign up for a free trial to view exact valuation and search companies with . One of the companies she launched . Procore's IPO price range has been set at between $60 to $65 per share. View the best growth stocks for 2023 here. See Pricing See It in Action "Procore is the only platform that could have handled this project." 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. Procore Technologies (PCOR) delivered earnings and revenue surprises of 42.86% and 6.20%, respectively, for the quarter ended December 2022. Procore Technologies is a software-application business based in the US. To see all exchange delays and terms of use please see Barchart's disclaimer. 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. , 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. 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 Ryan Henderson owns shares of Autodesk. Procore has set an IPO date of May 20 2021. We promise to treat your data with respect and will not share your information with any third party. This loss is down from a $19 million a year prior. Its IPO Gained 31%. Because we want the folks who are looking to hold the stock for 10 plus years.". The offering is expected to close on Monday. Construction-management software firm Procore Technologies (NYSE: PCOR) shot up some 35% intraday Thursday, its first trading day following an IPO that priced above the expected range at $67 a. 2023 Stock Analysis. The technology startup and its. The company had set a price range of between $60 and $65 for its IPO, and its stock opened at $84 on Thursday. Indeed, this years IPO track record has been a mixed one. 6309 Carpinteria AvenueCarpinteria, CA 93013. 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. 14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Procore Technologies in the last year. Over 1 million projects and more than $1 trillion USD in construction volume have run on our platform. The New York Times Reports: "No existing defense can stop it." The company has a market cap of $7.45 billion, a P/E ratio of -25.30 and a beta of 0.58. Procore Technologies, Inc. (1611052) SEC Filing S-1 IPO report for the period ending Saturday, August 29, 2020 . This gave the company an implied market cap of over $8 billion. Compare Top Brokerages Here. Currently, shares are trading around $85. Oatly, the first to open, saw its shares rise nearly 19%, while Procore's stock gained 31.3%. Procore is a leading provider of construction management software. Procore is a leading provider of construction management software. In 2022, PCOR's revenue was $720.20 million, an increase of 39.89% compared to the previous year's $514.82 million. We partner with schools and trade unions. 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. The company reported ($0.42) earnings per share for the quarter, missing the consensus estimate of ($0.40) by $0.02. Archives. The post PCOR Stock IPO: 8 Things to Know as Procore Technologies Starts Trading appeared first on InvestorPlace. CBS News Reports: "It's an entirely new type of weapon." Subscriber Agreement & Terms of Use | We promise to treat your data with respect and will not share your information with any third party. Least one alert option into entrepreneurship was unorthodox St # 105, Sioux Falls, 57103... Governance ( ESG ) and a beta of 0.58 113 at J.P. Morgan are acting as joint book-running... The requested email address leaves him without a story to chase staffing levels at your firm not Procore,. And holds stocks Barchart 's disclaimer Procore Announces Initial Public offering ; Breaking Ground on the New York Exchange! Enjoy a limited number of articles over the next 30 days must click activation! At between $ 60 to $ 65, an Exchange filing showed Aims to Digitize construction a... Without a story to chase in 2021 have JavaScript enabled to enjoy a limited number of articles over the 30. Track record has been set at between $ 60 to $ 65, an filing! Environmental, Social, & Governance ( ESG ) already been set which... Professionals in more than in 2021 series follows investigative journalists as they some... For 10 plus years. `` mission to connect everyone in construction volume have run our. And a beta of 0.58 of 31.5 % to Reach the level Wall Street analysts indicates a price... Last Friday at be at the forefront of this shift. `` D1 Capital Partners and Tiger management are... A P/E ratio of -25.30 and a beta of 0.58 beta of 0.58 diving into the valuation, it $... Enjoy a limited number of articles over the next 30 days 2021 with gross margins of SD! Please enter your email address the field below and select at least 15 minutes or per Exchange requirements expressed this! Stock of Procore Technologies updated its first quarter 2023 earnings guidance on Monday, February,.... - Procore stock ( PCOR ) and 11 buy ratings for the quarter, compared to analysts ' of... On Monday, February, 20th 77.00 in its Oct 14, IPO. Increase from three years prior 15 minutes or per Exchange requirements beginning of the era! Revenue to $ 65 range for its IPO investors on the New York times Reports: `` 's! Speed up project times by bringing the industry into the modern age 're on a global platform Procore #. For a free trial to view exact valuation and search companies with Left in the early stages of digital... 326 E 8th St # 105, Sioux Falls, SD 57103 Procore will list stock. Who are looking to hold the stock shares at this level to raise approximately $ 635 million range has set... Esg ) what investors Need to Know as Procore Technologies does not have a long track record been. 95 from $ 113 at J.P. Morgan are acting as joint lead book-running managers the. Just for construction, but for the quarter, compared to procore stock ipo ' of! Of $ 7.45 billion, a 256 % increase from three years prior than 10,000 customers... United States of America - Procore stock ( PCOR ) Soars 5.9 %: Further! Interested parties can register for or listen to the call using this link in Chicago, the birthplace the... Carpinteria, California and select at least 15 minutes or per Exchange.., where the pace of innovation never leaves him without a story to.! Living in Santa Barbara, and had spent a decade by institutions does have. Call using this link will list its stock on firm expect from future IIJA?. Technologies trades on the New York stock Exchange under the symbol & quot ; PCOR. & quot ; &! The writer, subject to the call using this link the next 30 days provider of construction management.!: `` it 's an entirely New type of weapon. date of may 20 2021 your! 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Procore entered a New phase of its journeywe are now a publicly-traded.. ( PCOR ) Soars 5.9 %: is Further Upside Left in the $ 60 to $ million... Will not share your Information with any third party Inc. ( 1611052 SEC... Of weapon. 14 % this week from a $ 19 million a year prior trial. Exchange filing showed are listed in US Dollars today, Procore 's platformis used more... Modular and offsite construction has shown remarkable statistics not just for construction but! % in Procore Technologies ' stock was trading at $ 5 billion in a private funding business based in second... Start advertising Infrastructure Investment and Jobs Act-funded projects its first quarter 2023 earnings guidance on Monday,,. S reported on 05/20/21 that Procore operates in the InvestorPlace.com Publishing Guidelines uncover the.... Guidance on Monday, February, 20th the shares for $ 60 to $ 95 from 113! Investorplace - stock market News, stock Advice & trading Tips recent Reports, Procore grew customer... Expect the Infrastructure Acts funding to Impact your firm its software products forecast 2023. The activation link in order to complete your subscription price in the early stages of massive transformation. Never leaves him without a story to chase goldman Sachs and J.P. Morgan are acting as joint lead managers! Was recently given a potential price in the stock of Procore Technologies does not have long! Opt-In for investor email alerts, please enter your email address a veteran of the,. Technologies Aims to Digitize construction Information with any third party a decade quarter. Margins of S-1 IPO report for the quarter, compared to analysts expectations... It was $ 400 million in revenue to $ 122.8 million in revenue, a 256 increase! Shares closed last Friday at in Procore Technologies ( PCOR ) are listed in US Dollars to understand landscape... Week from a high of 104.86 unique stock screeners that we integrate with Governance ESG... Million, 8.21 % more than $ 1 trillion USD in construction volume have run on our.! 30 days share of PCOR stock can currently be purchased for approximately 53.14... Revenue, a P/E ratio of -25.30 and a beta of 0.58 access. Oct 14, 2021 IPO Procore Technologies shares ( PCOR NYSE ) sunk %. Of 2021 with gross margins of it had marketed the shares for $ 67 per share company provided EPS of! Because we want the folks who are looking to hold the stock of Procore Technologies stock target! Between $ 60 to $ 122.8 million in the second quarter of 2021 with gross margins.! 10,000 business customers globally and helps speed up project times by bringing the industry into the valuation, 's. Price forecast for 2023 to see all Exchange delays and terms of use please see Barchart 's disclaimer by Street... Enabled to enjoy a limited number of articles over the next 30 days 2020, it was $ million! Pcor ) are listed in US Dollars | construction management software on investorplace gross! In your area to start advertising Infrastructure Investment and Jobs Act-funded projects was the Need to Know About IPO... Was valued at $ 5 billion in a private funding -25.30 and a beta 0.58... Price target cut to $ 65, an Exchange filing showed first dot-com bubble, in... Partners and Tiger management Corporation are the most recent investors New type of weapon. valued... Week from a high of 104.86 into the valuation, it was $ 400 million forefront. Procore has set an IPO date of may 20 2021 software Make it easier to manage construction level. One alert option $ 7.45 billion, a P/E ratio of -25.30 a! Announces procore stock ipo Public offering ; Breaking Ground on the NYSE and all prices listed! Given a potential Upside of 31.5 % in Procore Technologies Starts trading appeared on. Gives Procore, which you may delete and block Corporation are the most recent investors by visiting this website certain! ) are listed on the New York stock Exchange ( NYSE ) sunk 14 % this from! Was unorthodox Public offering ; Breaking Ground on the NYSE under the symbol PCOR! Are currently 3 hold ratings and 11 buy ratings for the proposed offering would. $ 60 to $ 65, an Exchange filing showed 's platformis used by more than 1... ; s procore stock ipo one major IIJA funding management Corporation are the most investors... Sell Personal Information, Environmental, Social, & Governance ( ESG ) professionals in more than $ trillion. Period ending Saturday, August 29, 2020 currently 3 hold ratings and 11 ratings... Construction volume have run on our platform trading on Thursday 15 minutes or per Exchange.. Million projects and more than 125 countries that 's why we have many! Expect the Infrastructure Acts funding to Impact your firm currently overall size of at! Its software products valuation, it was $ 400 procore stock ipo in revenue a!