Why Procore Technologies, Inc. (PCOR) stock moved
Procore Technologies, Inc. (PCOR) shares rose 4.7% to $60.73 as of October 21, 2026, a moderate gain from the prior close of $58.01. BestStocks flagged the session as a major change for PCOR. Below, we break down what changed for PCOR, why it matters for investors, how the stock reacted, and the catalysts on the calendar.
PCOR climbed 4.7% to $60.73
Procore Technologies rose 5.4% on August 27, 2026, extending gains from its late-July Q2 earnings beat and raised full-year guidance. The company had reported non-GAAP EPS of $0.47 (beating consensus of $0.42) and revenue of $375.2 million (up 15.8% year-over-year), then raised FY2026 revenue guidance to $1.51–$1.514 billion. Analyst firms including UBS subsequently raised price targets, with UBS targeting $75. The move was also supported by investor confidence in Procore's recently launched Asset Register product.
What it means for Procore Technologies, Inc. investors
For Procore Technologies, Inc. investors, the recent signals are mixed, leaving the near-term picture neutral / mixed. On the constructive side: Positive 4.7% session move; Positive price momentum. Weighing against that: Procore Technologies declined 4.07% to $55.65, driven by recent insider selling activity—Independent Non-Executive Director Kevin O'Connor sold 7,692 shares at $60.99 (per web catalyst)—combined with sector-wide concerns around AI "seat compression" in software and macroeconomic headwinds in construction; Procore Technologies, Inc. (PCOR) moved -6.02% from $44.32 to $41.65 on July 22, 2026. Wall Street's consensus price target sits at $68.38, implying +12.6% upside from $60.73. BestStocks rates the overall signal quality low (53/100). With earnings roughly 13 days out, the next report is the most likely near-term test of the move.
PCOR price reaction
PCOR last traded at $60.73, up $2.72 (+4.69%) from the previous close of $58.01. The session traded on 0.5× average volume (below avg), so participation was unremarkable. Over the past month the stock has ranged between $49.06 and $60.73, and it currently sits about 100% of the way up that band.
Bullish and bearish analyst opinions on Procore Technologies, Inc. (PCOR)
The consensus analyst price target on Procore Technologies, Inc. (PCOR) is $68.38, 12.6% above the recent $60.73. Over the past 90 days analysts logged 0 upgrades, 8 maintains, and 0 downgrades. Here is how the bullish and bearish cases on PCOR line up.
The bullish case
- Wall Street's consensus price target of $68.38 implies +12.6% upside from $60.73.
- The Street's most bullish target is $85.00 (+40.0%).
- Positive 4.7% session move.
- Positive price momentum.
The bearish case
- The most bearish analyst target is $56.00 (-7.8%).
- Procore Technologies declined 4.07% to $55.65, driven by recent insider selling activity—Independent Non-Executive Director Kevin O'Connor sold 7,692 shares at $60.99 (per web catalyst)—combined with sector-wide concerns around AI "seat compression" in software and macroeconomic headwinds in construction.
- Procore Technologies, Inc. (PCOR) moved -6.02% from $44.32 to $41.65 on July 22, 2026.
Weighing both sides, BestStocks' composite read of recent signals is roughly balanced, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.
Analyst price targets and ratings are FMP consensus figures as of Oct 20, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.
Previous notable changes for PCOR
In-depth PCOR event analyses
Frequently asked questions about PCOR
Why did Procore Technologies, Inc. (PCOR) stock move?
Procore Technologies rose 5.4% on August 27, 2026, extending gains from its late-July Q2 earnings beat and raised full-year guidance. The company had reported non-GAAP EPS of $0.47 (beating consensus of $0.42) and revenue of $375.2 million (up 15.8% year-over-year), then raised FY2026 revenue guidance to $1.51–$1.514 billion. Analyst firms including UBS subsequently raised price targets, with UBS targeting $75. The move was also supported by investor confidence in Procore's recently launched Asset Register product.
How much did PCOR stock rise?
PCOR gained 4.69% ($2.72) versus the prior close of $58.01, last trading at $60.73 on 0.5× average volume.
When is Procore Technologies, Inc.'s next earnings date?
PCOR's next earnings report is estimated for 2026-11-03 — about 13 days away.
What is the analyst price target for PCOR?
The consensus analyst price target for PCOR is $68.38, about 12.6% above the current $60.73. Over the past 90 days, analysts recorded 0 upgrades, 8 maintains, and 0 downgrades.
How BestStocks tracks PCOR
This page is generated automatically by BestStocks' change-detection system after its price and volume cleared PCOR-specific materiality thresholds, triggering an evidence check. It draws on 20 tracked change events for PCOR, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of October 21, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.