PCOR

Over the past six months, Procore's stock has been influenced by several events. On July 29, 2026, the company announced strong Q2 2026 financial results, with EPS of $0.47 and revenue of $375.21 million, exceeding expectations and leading to a 7.2% stock gain. In early August 2026, Procore announced and priced an upsized $825.0 million offering of convertible senior notes. The stock experienced volatility in September 2026, plunging 7.4% amid a broader tech selloff and AI-slowdown concerns, but rebounded 5.5% the next day. As of September 18, 2026, the stock price was $51.27, reflecting a 23.55% decline over the past 12 months. Insider selling was noted, with Chairman Craig Courtemanche selling approximately $3 million in shares and other insiders collectively selling over $11 million. Analyst sentiment has been largely positive, with several brokerages issuing 'Buy' or 'Strong Buy' ratings and increasing price targets, though Weiss Ratings issued a 'sell (e+)' rating. Product developments included the acquisition of DroneDeploy, the introduction of an Asset Register, and the expansion of its AI Agent Library and new AI skills.