PCOR

Prequal for All Gives Risk Teams and Project Teams One Source of Subcontractor Risk TORONTO, Oct. 15, 2026 /PRNewswire/ -- Bespoke Metrics today announced that Procore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, has named COMPASS its preferred subcontractor prequalification solution. The expanded partnership launches Prequal for All and is available to Procore customers today.

Procore Technologies, Inc. is a buy, with the market mispricing it as a structurally challenged rather than cyclically pressured software company. Procore's revenue growth remains robust at 15% despite an industry recession, indicating significant market share gains. Nonresidential construction, a key end market, is bottoming; leading indicators like the ABI have returned to neutral for the first time since early 2023.

Procore Technologies gets a buy for my initial rating. Strengths include its recent overweight rating at Cantor Fitzgerald, positive cash flow trends, low D/E vs. peers, and qualitative aspects of its platform. A key risk for PCOR is proving a long-term profitability trend and stronger margins. The software sector can also be prone to security, reliability, and data quality issues to consider.

Procore Technologies (PCOR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

The Wasatch Long/Short Alpha Fund - Investor Class did not keep pace and finished the period up 8.29%. The largest detractor among our long positions was Ensign Group, an operator of skilled nursing and senior living facilities. The top contributor to Fund performance was JFrog Ltd.

CARPINTERIA, Calif.--(BUSINESS WIRE)--Procore Technologies, Inc. (NYSE: PCOR) (the “Company” or “Procore”), the leading global provider of construction management software, announced today the pricing of $825.0 million aggregate principal amount of 0.00% Convertible Senior Notes due 2031 (the “notes”) in a private placement (the “offering”) only to persons reasonably believed to be “qualified institutional buyers” pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securiti.

CARPINTERIA, Calif.--(BUSINESS WIRE)--Procore Technologies, Inc. (NYSE: PCOR) (the “Company” or “Procore”), the leading global provider of construction management software, announced today that it intends to offer, subject to market conditions and other factors, $750.0 million aggregate principal amount of Convertible Senior Notes due 2031 (the “notes”) in a private placement (the “offering”) only to persons reasonably believed to be “qualified institutional buyers” pursuant to Rule 144A under t.

Procore Technologies, Inc. (PCOR) Q2 2026 Earnings Call Transcript

CARPINTERIA, Calif.--(BUSINESS WIRE)--Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today announced financial results for the second quarter ended June 30, 2026. “Our outstanding Q2 results demonstrate the continued value our platform provides to the construction industry,” said Ajei Gopal, President and CEO of Procore. “Customers are embracing our solutions, giving us more confidence in our direction, our ability to execute, and our f.

CARPINTERIA, Calif.--(BUSINESS WIRE)--Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today announced three new Digital Coworker packages that make it easier for construction organizations to adopt and scale AI. A key upcoming capability, Procore Skills, enables organizations to teach Procore AI their own processes, standards, and best practices, so AI agents consistently apply company-specific ways of working across every project. The n.