Procore Technologies Inc (PCOR)

Procore Technologies's stock price has been influenced by earnings reports and macroeconomic conditions. Procore reported strong Q3 2025 results, beating revenue and adjusted EPS expectations, and raised its full-year 2025 revenue guidance. Insiders sold 683,825 shares of company stock worth approximately $49.8 million. High interest rates and inflation led to a demand slowdown, causing shares to fall to a 52-week low in November 2024. Procore missed EPS expectations for Q4 2024, but reported Q1 and Q2 2025 results ahead of analysts' expectations.

While specific seasonal patterns are not detailed, Procore operates within the construction industry, which is influenced by macroeconomic factors. High interest rates and inflation have caused demand slowdowns. Procore's subscription-based SaaS model generally provides recurring revenue, and its focus on platform expansion and AI innovations aims to increase customer value. The provided information does not offer specific details on how this translates into seasonal fluctuations in demand for Procore’s software products and services.

Procore Technologies, Inc. (PCOR) is a global provider of cloud-based construction management software, operating in the Technology Services sector. Its platform connects stakeholders across the construction industry, offering integrated products like Preconstruction, Project Execution, and Financial Management. Procore leverages AI through tools like Procore Copilot, enhancing project management and efficiency. The company's revenue is primarily generated through subscriptions to its cloud-based SaaS platform.

Procore Technologies has a global presence, serving clients in over 150 countries. Headquartered in Carpinteria, California, it has expanded operations across North America, Europe, Asia, and the Middle East/North Africa (EMEA/MENA). Key international office locations include Sydney, Vancouver, Toronto, London, Dubai, and India.

Procore Technologies has a strong brand reputation as a market leader in the construction management software industry. It is recognized for high-quality support and integrated product categories that modernize construction management. Procore's commitment to AI and strategic partnerships enhances its reputation for innovation and efficiency. There were no specific events reported in the past year that negatively affected Procore Technologies, Inc.'s brand reputation.

Approximately 81.10% to 82.3% of Procore Technologies, Inc.'s stock is owned by institutional investors and hedge funds, with individual ownership accounting for about 9.3% of shares. Company insiders own 21.50% of the stock. Major institutional owners include ICONIQ Capital, LLC, Vanguard Group Inc, and Morgan Stanley.