
68.19 USD (+24.4%)
21 analysts
What does it do?
Procore Technologies is a software company that offers a cloud-based platform for construction project management, helping contractors and owners plan, collaborate, and control costs and schedules.
Key points
from its scores- ✓Strong growth7.8
- ✓Favourable backdrop7.4
- ✕Little or no dividend0.5
- ✕Poor share-price trend3.0
- ✕Demanding valuation4.3
AI analysis
bottom line, main risk, context and newsGrowth and balance sheet are attractive, but the demanding valuation and current low profitability limit the potential for short-term appreciation.
Procore shows solid revenue growth (15.8%) and excellent financial health with net cash (DN/EBITDA -9.03), although its operating profitability is still very low (2.34% margin) and its valuation, with an EV/EBITDA of 118.71, discounts very high expectations.
The extreme valuation (EV/EBITDA of 118.71) depends on sustained revenue growth and a substantial improvement in operating margin; any disappointment in these metrics could trigger a sharp correction, as suggested by the negative momentum of -23.47%.
Context and risks
Procore is a software company with a healthy balance sheet and no material exposure to interest rates, commodities, or shipping routes. The current macro context does not directly and demonstrably affect its business.
Is Procore Technologies stock cheap or expensive?
at the analysis dateOn EV / EBITDA, it trades 482% above the Technology median.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| EV / EBITDA | 118.7 | 20.4 | +482% |
| Price / book | 6.5 | 6.3 | +3% |
| Price / sales | 5.9 | 5.3 | +11% |
Sector: median of the 283 Technology companies analysed. In bold, the multiples used for the comparison.
Valuation score: 4.3 out of 10 (median for Technology: 5.3).
Average analyst target: 68.19 USD, +24.4% versus the price.
A premium can be justified if the company is of higher quality or grows faster than its sector: Quality / Moat 5.1 (sector 6.4), Growth 7.8 (sector 7.5).
Classic formulas with standard assumptions (5.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Technology medianValuation
- Forward P/E
- 23.1
- EV / EBITDA
- 118.7
- Price / book
- 6.5
- Price / sales
- 5.9
- Market cap
- 8.3B USD
- Enterprise value
- 7.7B USD
Profitability
- ROE
- −3.1%
- ROA
- −1.5%
- ROIC (approx.)
- 2.5%
- Gross margin
- 80.1%
- Operating margin
- 2.3%
- Net margin
- −2.7%
- Free cash flow
- 304.7M USD
- FCF yield
- 3.7%
- Cash conversion
- 467%
Solvency
- Total debt
- 67.5M USD
- Net debt
- −588.4M USD
- Cash
- 655.9M USD
- EBITDA
- 65.2M USD
- Net debt / EBITDA
- −9.03
- Debt / equity
- 5.28
- Current ratio
- 1.17
- Quick ratio
- 1.01
Growth
- Revenue growth
- +15.8%
- EPS (TTM)
- −0.26 USD
- EPS (forward)
- 2.37 USD
Dividend
- Dividend yield
- 0.0%
Risk and market
- Beta
- 0.78
- Analyst consensus
- Buy (21)
- Target price
- 68.19 USD
- 52-week range
- 38.03 – 82.31
Recent news
All PCOR news →Compare it with its sector
All 283 in Technology →Frequently asked questions about Procore Technologies
Is Procore Technologies stock cheap or expensive?
On EV / EBITDA, it trades 482% above the Technology median. Valuation score: 4.3 out of 10 (median for Technology: 5.3). Average analyst target: 68.19 USD, +24.4% versus the price. This is not investment advice.
What score does Procore Technologies get on MeridIAn Screener?
It scores 5.6 out of 10, rank 1,360 of 2,130 (better than 35% of the companies analysed). Its strongest category is Growth (7.8) and its weakest, Dividend (0.5). Analysis of 08/10/2026.
How much is Procore Technologies worth on the stock market?
Its market capitalisation is 8.3B USD and its enterprise value, debt included, is 7.7B USD.
How much debt does Procore Technologies have?
It has more cash than debt: net cash of 588.4M USD.
Does Procore Technologies pay a dividend?
It pays no dividend, or almost none.
How has Procore Technologies stock performed over the last year?
It has fallen 21.3% over the last year, excluding dividends. Over the last 52 weeks it has traded between 38.03 and 82.31 USD. Past performance does not guarantee future results.
What do analysts think of Procore Technologies?
21 analysts cover it; their average recommendation is “Buy” and their average target is 68.19 USD (+24.4% versus the price). It is an estimate, not market data.
