Procore Technologies Inc (PCOR) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Procore Technologies Inc $40.38, price $51.06, upside -20.9%, quality 56 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Procore Technologies Inc for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range $38.30 – $105.94 · fair‑value band $21.89 – $56.78 · the $51.06 price screens above the $40.38 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Follow Procore Technologies in your weekly email
Every Wednesday you see whether Procore Technologies is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Procore Technologies, Inc., together with its subsidiaries, provides a cloud-based construction management platform and related products and services in the United States and internationally. Its platform enables owners, general and specialty contractors, architects, and engineers to collaborate on construction projects.
Show more
Procore Technologies, Inc., together with its subsidiaries, provides a cloud-based construction management platform and related products and services in the United States and internationally. Its platform enables owners, general and specialty contractors, architects, and engineers to collaborate on construction projects. The company offers Preconstruction that facilitates collaboration between internal and external stakeholders during the takeoff, planning, budgeting, estimating, bidding, design, and partner selection phases of a construction project and Project Execution, which enables collaboration, information transmission and storage, and safety regulation compliance for teams on the jobsite and in the back office. It also provides Resource Management, that helps customers to schedule, track, and forecast workforce and equipment productivity, improve time management, communicate with workforces, optimize procurement and movement of materials, and manage profitability on construction projects; and Financial Management, which provides customers with visibility into the financial health of their individual construction projects and portfolios, as well as facilitates untethered access to financial data, and support payments between key stakeholders. The company serves owners, general contractors, and specialty contractors operating in the residential and non-residential segments of the construction industry. The company sells its products online through computers, smartphones, tablets, web browser, and mobile application available for iOS and Android platforms. Procore Technologies, Inc. was formerly known as Butterfly Lane, Inc and changed its name to Procore Technologies, Inc. in May 2002. The company was incorporated in 2002 and is headquartered in Carpinteria, California.
Stock analysis
Procore Technologies Inc (PCOR) currently trades at $51.06, while our model-based Fair Value estimate is $40.38, implying the stock looks roughly 26.5% overvalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of $38.24 per share, and 0 of the 7 models we run sit above the $51.06 price.
Bear case: the Asset-Based group reads lowest at $5.60, and 7 of the 7 models stay below the price. Evidence for this calculation is low.
Scenario range: $21.89 (bear) to $56.78 (bull), the price of $51.06 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 56/100 (solid quality), in the Technology sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Procore Technologies Inc reported revenue of $1.3B in FY2025 versus $515M in FY2021, a compound +26.6%/yr. Reported net income was −$101M in FY2025.
Key figures
Market cap $7.7B · P/S ratio 4.77 · EPS (TTM) $−0.5100 · Net margin −7.6% · Return on equity −6.5% · Return on assets (EBIT) −11.3% · Operating margin −1.5% · Revenue (TTM) $1.4B.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades about 36% below its 52-week high and 33% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −13% fair-value upside, at −21%, PCOR screens richer than that median.
Fair Value models
Bear $21.89Fair Value $40.38Bull $56.78
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.67/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+14.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+22.5%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+27.0%
Start year 2020 (pandemic)
Revenue growth 8 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+36.1%
’17
’18
’19
’20
’21
’22
’23
’24
’25
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−14.6% (2020) → −8.9% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
A lot of optimism in the price
The price assumes less growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+16.7%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+11.5%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +14.0% a year for the price and +8.9% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (99 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
Compare Procore Technologies Inc with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Software - Application · 710 stocks
Beats the industry median on 2/9 measures
Overall it trails its industry peers.
Valuation
Quality Score56 · Above median
Fair Value upside−21% · Below median
Profitability
Return on assets−3% · Below median
Net margin (TTM)−6% · Below median
Operating margin (TTM)−2% · Below median
Growth and dividend
Revenue growth16% · Above median
Valuation Multiplesvs Software - Application median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Procore Technologies Inc (PCOR) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of $40.38 versus a price of $51.06, about −21% upside (overvalued).
What is the fair value of PCOR?
Our model-based fair value for Procore Technologies Inc is $40.38 (as of Sep 24, 2026), built from audited fundamentals. The current price: $51.06.
What is the quality score of PCOR?
Procore Technologies Inc has a Quality Score of 56/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Procore Technologies Inc (PCOR)?
Our model-based price target is the fair value of $40.38 (as of Sep 24, 2026) from 7 valuation models. Cautious scenario $21.89, optimistic scenario $56.78. It is a calculation from audited fundamentals, not an analyst target.
What is the Procore Technologies Inc stock forecast for 2026?
Our models put fair value at $40.38, about −21% upside versus a price of $51.06 (overvalued). Cautious scenario $21.89, optimistic scenario $56.78. The calculation is refreshed regularly with new filings.
What is the revenue of Procore Technologies Inc (PCOR)?
Procore Technologies Inc reported trailing-twelve-month revenue of about $1.4B (latest available figure, as of Sep 24, 2026).
What growth is priced into Procore Technologies Inc (PCOR)?
For today's price to be fair in a discounted-cash-flow model, Procore Technologies Inc would have to grow free cash flow by +16.7 % per year for five years (discount rate 9.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +27.0 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of PCOR use?
Our models discount Procore Technologies Inc at 9.1 %: a base by market capitalisation (mid), damped by beta 0.75, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Procore Technologies Inc that is +16.7 % per year a year over ten years, using the same discount rate (9.1 %) and the same formula as our fair value.
How much growth has Procore Technologies Inc (PCOR) delivered so far?
Over the past 5 years revenue at Procore Technologies Inc grew +27.0 % a year. The price currently implies +16.7 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Procore Technologies Inc (PCOR) growing?
The median revenue growth in the sector is +8.2 % a year. That is the yardstick for the growth priced into Procore Technologies Inc (+16.7 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Procore Technologies Inc (PCOR)?
The free-cash-flow yield on the price is 2.80 %: that much free cash flow Procore Technologies Inc produces per unit of market value. When it exceeds the discount rate of our models (9.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Procore Technologies Inc (PCOR)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Procore Technologies Inc it is $40.38 per share (as of Sep 24, 2026), against a price of $51.06. It is the blended result of 7 valuation models (cash flow, earnings, asset, dividend).
Is Procore Technologies Inc stock overvalued or undervalued in 2026?
As of Sep 24, 2026, PCOR trades above its calculated fair value: price $51.06, fair value $40.38, a gap of about −21% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of PCOR?
No. The price is what the market pays today ($51.06); the fair value is what the company's own numbers justify ($40.38). For Procore Technologies Inc the two are $10.68 per share apart. That gap is exactly why we show both numbers side by side.
How much is Procore Technologies Inc worth?
The market values Procore Technologies Inc at about $7.7B (market capitalisation, as of Sep 24, 2026). Per share that is $51.06; our models calculate a fair value of $40.38 per share.
What do the bullish and bearish scenarios say about PCOR?
Our models span a range for Procore Technologies Inc: cautious scenario $21.89, base $40.38, optimistic $56.78 per share (as of Sep 24, 2026, price $51.06). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Procore Technologies Inc (PCOR)?
Balance-sheet figures for Procore Technologies Inc (as of Sep 24, 2026): return on equity −6.5%. They feed the Quality Score of 56/100, which measures business quality independently of the share price.
How far is PCOR from its 52-week high?
Procore Technologies Inc trades at $51.06, about 36% below its 52-week high of $79.60 and 33% above the low of $38.30 (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of $40.38 is for.
Which stocks are comparable to Procore Technologies Inc?
From the same area (Technology) we also value SAP SE, Shopify Inc, Uber Technologies, Inc, Salesforce, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Procore Technologies Inc stock attractive at the current price?
The data as of Sep 24, 2026: price $51.06, calculated fair value $40.38 (−21%), Quality Score 56/100, from 7 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of PCOR calculated?
We run Procore Technologies Inc through 7 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $40.38, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.1 % above its aggregate fair value. Procore Technologies Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Procore Technologies Inc (PCOR)?
The closing price on Sep 23, 2026 was $51.06. Our model-based fair value is $40.38, about −21% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Procore Technologies Inc right now?
Solid but not exceptional quality (56/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range ($21.89 to $56.78) leaves room in how you read the outcome. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of Procore Technologies Inc
How large is the market capitalisation of Procore Technologies Inc (PCOR)?
The market capitalisation of Procore Technologies Inc is $7.7B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Procore Technologies Inc (PCOR)?
The price-to-sales ratio of Procore Technologies Inc is 4.77 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Procore Technologies Inc (PCOR)?
Earnings per share at Procore Technologies Inc are $−0.5100. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Procore Technologies Inc (PCOR)?
The net margin of Procore Technologies Inc is −7.6% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Procore Technologies Inc (PCOR)?
The return on equity (ROE) of Procore Technologies Inc is −6.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Procore Technologies Inc (PCOR)?
On an EBIT basis the return on assets of Procore Technologies Inc is −11.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Procore Technologies Inc (PCOR)?
The operating margin of Procore Technologies Inc is −1.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Procore Technologies Inc (PCOR)?
Revenue at Procore Technologies Inc is growing +15.7% versus a year earlier (3y avg +22.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much net cash does Procore Technologies Inc (PCOR) hold?
Procore Technologies Inc holds more cash than debt, $362M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Procore Technologies Inc in the live analysis
One click puts Procore Technologies Inc on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Thin data
Sep 24, 2026