pcor stock: Procore overview and market guide

pcor stock is the NYSE ticker for Procore Technologies, Inc., a cloud-based construction management software company. This guide explains what pcor stock represents, Procore’s business model, corpo...

2024-07-09 12:04:00

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PCOR (Procore Technologies, Inc.)

pcor stock refers to the NYSE-listed equity for Procore Technologies, Inc., a provider of cloud-based construction management software used across commercial, residential and infrastructure projects. This article gives a comprehensive, reference-style overview of the company, its products, corporate history, market and trading identifiers, financial highlights, governance, risks, recent developments, and where to locate primary source filings.

Quick reading benefit: By reading this article you will understand what pcor stock represents, how Procore makes money, where to find verifiable financials and filings, and which market/identifier details to check when researching the company.

Company overview

Procore Technologies offers a software-as-a-service (SaaS) platform designed to manage construction project workflows, improve collaboration among field and office teams, and centralize project data. The platform targets general contractors, specialty contractors, owners and project managers, providing modules for project management, financial controls, field productivity, design coordination and analytics.

Headquarters: Carpinteria, California, United States.
Founded: 2002 (founder: Tooey Courtemanche).
CEO and Founder: Tooey Courtemanche (company founder and long-time CEO).
Public ticker: PCOR (listed on the New York Stock Exchange).

As of the latest public company statements and regulatory filings, Procore employs over two thousand people globally and serves thousands of customers across multiple construction segments. For up-to-date headcount and customer counts, consult the company’s most recent annual report or investor relations releases.

Business model and products

Procore’s core business is a subscription-based SaaS model that sells cloud software and related professional services to construction organizations. Key product areas include:

Project Management: Centralized document control, RFIs (requests for information), submittals, change order logging and schedule coordination.
Project Financials: Budgeting, cost management, commitments, change management and invoicing workflows.
Field Productivity and Safety: Mobile-first tools for timekeeping, daily logs, inspections, safety observations and workforce tracking.
Design/BIM Coordination: Collaboration and clash detection tools that integrate design models and project issues with field workflows.
Integrations and Marketplace: APIs and a partner ecosystem to connect Procore with ERP, accounting, scheduling and other construction technology providers.
Analytics and Reporting: Dashboards and reporting modules that help summarize project performance, cost trends and operational KPIs.

Revenue model: The company primarily generates recurring revenue from subscriptions (multi-year and annual contracts) plus professional services, onboarding and marketplace partner fees. Historically, subscription revenue accounts for the majority of top-line recurring revenue. The SaaS model creates a focus on net retention, customer acquisition cost and lifetime value metrics in investor commentary and analyst coverage.

Corporate history

Procore was founded in 2002 to address disconnected construction workflows and poor data visibility across jobsites. Key corporate milestones include early product development focused on cloud-based document control, gradual expansion into financials and field tools, and the build-out of a partner ecosystem for integrations.

2002: Company founded by Tooey Courtemanche.
Mid-2010s: Expansion of product suite into project financials, field productivity modules and integrations.
Pre-IPO: Rapid growth in ARR (annual recurring revenue) and international expansion; multiple funding rounds prior to public listing.

IPO and public listing

pcor stock began trading on the New York Stock Exchange after the company completed its initial public offering (IPO) on May 20, 2021. The IPO was a key liquidity event that moved Procore from a privately financed, VC-backed company to a publicly listed SaaS provider. The offering price and reception reflected investor interest in software companies that address large, inefficient industries such as construction.

IPO date: May 20, 2021.
Exchange: New York Stock Exchange (NYSE).
Ticker symbol: PCOR.
ISIN: US74275K1088.

Mergers, acquisitions and strategic initiatives

Over the years Procore has engaged in product partnerships and selective acquisitions designed to broaden its product ecosystem, accelerate enterprise features (such as financial controls and analytics) and introduce AI-enabled capabilities for document processing and issue detection. The company has highlighted initiatives to invest in AI/ML tools for construction-specific tasks such as automated document extraction, image recognition on site photos and predictive insights on cost and schedule.

When reviewing acquisitions or partnership news, look for official press releases and SEC filings for transaction details, purchase price allocation, and expected strategic impact.

Market and trading information

pcor stock trades on the NYSE under the symbol PCOR. For market data, investors typically consult major market-data providers and the company’s investor relations page for authoritative details.

Exchange listing: New York Stock Exchange (NYSE).
Ticker: PCOR.
ISIN: US74275K1088.
Typical trading hours: 9:30 a.m. to 4:00 p.m. Eastern Time (regular session), with pre-market and post-market sessions available through many brokers.

Note: If you intend to trade or track pcor stock, check your brokerage or trading platform for pre- and post-market access, trading fees, and supported order types. For traders wanting an integrated platform with custody and spot instrument access, consider evaluating Bitget's services and product offerings.

Key market data and identifiers

ISIN: US74275K1088 (company identifier specific to Procore Technologies, Inc.).
CUSIP and other identifiers can be found in SEC filings and the company’s investor relations materials.

For snapshot values such as market capitalization, shares outstanding, and 52‑week range, data providers (Yahoo Finance, Morningstar, TradingView, CNBC) report slightly different values depending on timing and calculation method. Consult the provider’s timestamp and the company’s filings for authoritative share counts.

Price performance and historical overview

pcor stock has exhibited volatility typical of growth-stage SaaS companies that are transitioning to profitability or balancing growth and operating margins. Price trends are influenced by quarterly results, changes in ARR growth, macro interest rate environment that affects growth-stock multiples, and company-specific developments such as product launches or strategic hires.

For up-to-date performance (YTD, 1-month, 6-month, 1-year), consult your preferred market-data provider and confirm the data timestamp. As of the latest media reports and market-data summaries, analysts often discuss pcor stock in the context of construction tech market adoption and SaaS valuation multiples.

Trading statistics

Typical trading statistics reported by data vendors include average daily volume, reported beta, bid/ask spreads and options activity (if options are listed). These values vary across providers and by date; always check the provider-stamped numbers when making time-sensitive decisions.

Average daily volume and bid/ask spreads are available on market pages for PCOR on major data providers.
Beta and volatility metrics are provided by Datastream-like services and may differ by calculation window.

Financials

This section explains where to find verified financials and summarizes the kinds of figures investors track. For authoritative numbers always refer to Procore’s SEC filings (Form 10-K, Form 10-Q) and the company’s investor relations releases.

Important note: Specific numeric values for revenue, EPS, net income and cash balances change each quarter. Where a figure is referenced below, it is identified with a reporting date and source.

Income statement highlights

Investors typically review:

Total revenue and year-on-year growth (driven by new customer acquisition and expansion within existing accounts).
Subscription revenue vs. services revenue split.
Net income or net loss and trends across reporting periods.

For example, company annual reports and SEC 10‑K filings provide audited revenue totals and operating income or loss. To view the latest annual or trailing-twelve-month (TTM) numbers for pcor stock, consult Procore's most recent 10‑K or the company’s investor relations summary.

Profitability and margins

Key profitability metrics for a SaaS business like Procore include gross margin, operating margin and adjusted EBITDA (where presented). Many SaaS companies initially report high gross margins with operating losses while investing in sales, product and international expansion. Analysts evaluate the path to profitability using trends in gross retention, net retention and operating leverage.

Analyst commentary often highlights cross-period improvements in gross margin and reductions in operating loss as indicators that the business model is scaling efficiently.

Balance sheet and cash flows

Balance sheet items of interest include:

Cash and cash equivalents: indicates runway and liquidity.
Total debt (if any) and leverage ratios.
Deferred revenue: typical for subscription businesses and useful to gauge short-term revenue recognition.

Cash flow analysis focuses on operating cash flow and free cash flow trends; an improving conversion from revenue to operating cash flow is often a positive signal for SaaS companies. Use the consolidated financial statements and cash flow statements in 10‑Q/10‑K filings for validated figures.

Valuation and analysts

Valuation metrics commonly used for pcor stock include Price/Sales, Price/Free Cash Flow (if positive), and P/E ratio if the company is profitable. For high-growth SaaS firms that are not yet consistently profitable, Price/Sales and enterprise value to revenue multiples are more commonly cited.

Analyst coverage: Broker-dealer research and independent equity analysts provide consensus ratings and price targets. These are reported by market-data aggregators; check the date of any consensus figure. Different providers (Morningstar, Reuters, Yahoo Finance, TradingView) may publish slightly different fair-value estimates and target ranges. Always cross-check the timestamp and methodology behind analyst consensus.

Ownership and holders

Institutional ownership and insider holdings are commonly reported in market-data platforms and the company’s proxy filings. Major institutional shareholders historically include mutual funds, pension funds and asset managers that allocate to mid-cap and SaaS-themed strategies. Insider ownership (founder and executive holdings) can be material; founders and early investors often retain meaningful equity stakes post‑IPO.

For verified lists and percentages, consult the company’s DEF 14A (proxy statement) and filings summarizing beneficial ownership.

Options, derivatives and investor instruments

Options: Check option chain availability for PCOR on your broker or market-data provider; not all stocks have actively traded listed options.
ETFs or derivatives: Some sector or thematic ETFs that focus on software or construction technology could hold exposure to companies like Procore. Verify holdings in ETF fact sheets and regulatory filings.

If you require instruments beyond cash equity (e.g., options, structured notes), confirm availability with your trading platform; for integrated trading and custody, consider the services offered by Bitget.

Corporate governance and management

Procore’s corporate governance follows standard public-company practices, with a board of directors, audit and compensation committees. The company’s founder, Tooey Courtemanche, has historically held a prominent leadership role.

Key governance documents to review:

Annual proxy statement (DEF 14A): details board composition, executive compensation and governance practices.
Charter and committee charters: outline responsibilities of audit, compensation and nominating committees.

Investor interest often focuses on founder influence, executive incentives, and board independence—factors that can affect strategic decisions and management accountability.

Regulatory filings and reporting

Primary sources for verified financials and corporate disclosures for pcor stock are:

SEC filings: Form 10‑K (annual report), Form 10‑Q (quarterly reports), Form 8‑K (material events), DEF 14A (proxy) and S‑1 (if referencing the IPO prospectus).
Company investor relations: press releases, earnings presentation decks and webcasts.

Typical earnings cadence: public companies like Procore report quarterly results (Q1, Q2, Q3, Q4) and hold earnings calls to review performance and guidance. Check the investor relations calendar for exact dates and links to transcripts and slides.

Risks and controversies

As with any public company, Procore faces business, market and operational risks. Examples include:

Competitive risk: Competition from general-purpose collaboration tools and specialized construction software vendors.
Execution and integration risk: Acquisitions and new product initiatives must be integrated successfully to deliver the expected strategic value.
Technology and security risk: As a cloud platform, Procore must manage cybersecurity, data privacy, and availability risks; any material breach or prolonged outage could be disruptive.
Macroeconomic sensitivity: Construction activity is cyclical and sensitive to interest rates, infrastructure spending and real estate cycles; declines in construction spending can affect customer budgets and new contract growth.

Past controversies, if any, should be assessed using news archives and SEC 8‑K filings for disclosures about material events. For security incidents, official company statements and regulatory filings will provide the most reliable information.

Recent developments (selected)

When citing recent news, the reporting date and source must be included to maintain timeliness and verifiability. Examples of how to present recent items:

As of 2026-01-26, according to Yahoo Finance, pcor stock remains under coverage with varied analyst opinions reflecting changes in ARR growth and margin outlook.
As of 2026-01-15, according to a company press release (company investor relations), Procore announced an expanded AI initiative to automate submittal and closeout workflows; the release described expected product delivery timelines and pilot customers.

Note: For any material acquisition, partnership or product launch, consult the company’s official press release and the subsequent Form 8‑K for transaction details, consideration paid, and accounting expectations.

Technical analysis and market commentary

Technical traders often reference moving averages, support/resistance levels, relative strength index (RSI) and trading volume when evaluating pcor stock. Community analysis and charting platforms (TradingView, market commentary pages) provide commonly-cited patterns such as trend channels, consolidation ranges, and breakout attempts.

Keep in mind that technical analysis is a behavioral tool and does not replace fundamental review; combine technical context with verified financials and news when forming a view.

References

Primary data providers and authoritative sources for pcor stock research include: Yahoo Finance, Morningstar, TradingView, CNBC, Robinhood (for basic quotes), the New York Stock Exchange quote page, Nasdaq and official SEC filings and company investor relations. For any numeric or time-sensitive metrics, check the timestamp on the provider page and refer back to the company’s filings as primary evidence.

Example citation language:

As of 2026-01-26, according to Yahoo Finance, market data for PCOR (pcor stock) reflected the most recent trading session and displayed up-to-date market-cap and volume statistics.
For audited annual financials, see Procore’s Form 10‑K on the SEC’s EDGAR platform (refer to the filing date shown on the SEC copy).

External links

Official resources to consult (search on a browser or your platform’s link lookup):

Procore Technologies — Corporate website and product pages (investor relations section contains earnings reports and press releases).
SEC Filings — Company Forms 10‑K, 10‑Q and 8‑K for authoritative financial and corporate disclosures.
NYSE — Official exchange listing page for PCOR.

Note: This article is informational and does not constitute investment advice. For trading access or custodial services, consider Bitget’s platform tools and educational resources. Always verify numbers against primary filings before making decisions.

If you want to read more about pcor stock fundamentals, filings, or recent company announcements, visit Procore’s investor relations page or check the SEC filings. To trade or track instruments and manage orders, consider the trading and custody options offered by Bitget.

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