(PCOR) Procore Technologies - Ratings and Ratios

Procore Technologies, Inc. (NYSE:PCOR) is a leading provider of cloud-based construction management solutions, offering a comprehensive platform that streamlines collaboration, project execution, and financial oversight for construction projects globally. Founded in 2002 and headquartered in Carpinteria, California, the company serves a diverse range of stakeholders, including owners, general contractors, and specialty contractors across residential and non-residential construction sectors. Its platform is accessible via web browsers or mobile apps on iOS and Android devices, ensuring seamless connectivity across devices.

The platform is divided into four core modules: Preconstruction, Project Execution, Resource Management, and Financial Management. Preconstruction facilitates collaboration during early project phases, including design, budgeting, and bidding. Project Execution ensures real-time communication, document control, and compliance with safety regulations. Resource Management optimizes workforce scheduling, equipment productivity, and material procurement, while Financial Management provides real-time visibility into project and portfolio financials, enabling better cash flow management and stakeholder payments.

Procores direct sales team drives its go-to-market strategy, targeting construction firms of all sizes. The company has established itself as a critical tool for modern construction workflows, addressing inefficiencies in project coordination and financial oversight. Its SaaS-based model supports scalability, making it accessible to both small and large-scale projects.

From a technical standpoint, PCOR is currently trading below its SMA 20 and SMA 50, indicating bearish momentum in the short term. The stocks ATR of 3.58 suggests moderate volatility. On the fundamental side, Procores high P/S ratio of 7.60 reflects strong revenue growth, though its forward P/E of 42.92 signals elevated valuations. The companys RoE of -8.22 highlights ongoing profitability challenges despite its robust top-line performance.

Over the next three months, PCOR is expected to face short-term pressure due to its position below key moving averages. However, its strong revenue growth and market position in the construction tech space may support a recovery. Technical indicators suggest a potential range-bound trading pattern, while fundamental strength in the construction industry could offset near-term volatility.