Procore Technologies, Inc. (PCOR) shares tumbled 7.4% to $52.56 as of September 16, 2026, a significant decline from the prior close of $56.74. BestStocks flagged the session as a major change for PCOR. The move is tied to price move down. Below, we break down what changed for PCOR, why it matters for investors, how the stock reacted, and the catalysts on the calendar.
What happened
PCOR fell 7.4% to $52.56
PCOR tumbled 7.4% in its latest session, moving from $56.74 to $52.56.
Material / EarningsLow confidence
Rel. volume
1.1×
Normal
Vs peers
—
No comparable peers
Market cap
$7.9B
New York Stock Exchange
Analyst target
$68
+29.4% vs price
Price chart
Aug 17 – Sep 16
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details
What it means for Procore Technologies, Inc. investors
For Procore Technologies, Inc. investors, the recent signals add up to a bearish shift. On the constructive side: Positive price momentum; Positive price momentum. Weighing against that: Material negative event; Sharp 7.4% decline — elevated risk. Wall Street's consensus price target sits at $68.00, implying +29.4% upside from $52.56. BestStocks rates the overall signal quality low (59/100). With earnings roughly 49 days out, the next report is the most likely near-term test of the move.
PCOR price reaction
PCOR last traded at $52.56, down $4.18 (-7.37%) from the previous close of $56.74. The session traded on 1.1× average volume (normal), so participation was unremarkable. Over the past month the stock has ranged between $52.56 and $63.72, and it currently sits about 0% 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 $68.00, 29.4% above the recent $52.56. Over the past 90 days analysts logged 0 upgrades, 7 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 $68.00 implies +29.4% upside from $52.56.
+The Street's most bullish target is $85.00 (+61.7%).
+Positive price momentum.
▼ The bearish case
−Material negative event.
−Sharp 7.4% decline — elevated risk.
−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.
Bull vs bear balanceBearish Shift
BearishNeutralBullish
Weighing both sides, BestStocks' composite read of recent signals is bearish, 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 Sep 16, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.
Procore Technologies, Inc. (PCOR) moved +3.62% from $54.76 to $56.74 on 2026-09-14. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move occurred on volume near the 5-day average.
Procore Technologies (PCOR) declined 2.66% to $54.69, driven by a combination of broader momentum shifts and sustained insider selling pressure. According to the web catalyst, key insiders including director Kevin J. O'Connor have offloaded shares at prices up to $62.38 in early September, contributing to roughly $77.8 million in insider sales over the past 12 months with zero insider buying. Volume is tracking 0.56x expected for this time of day, below the typical daily average.
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. Volume of 648,292 shares at 180 minutes into the session ran at 0.49x expected levels, below average for this time of day.
Procore Technologies fell 6.68% to $56.54 as part of a broader software sector pullback driven by macro and sentiment headwinds—including concerns over construction market activity, material costs, and economic uncertainty—rather than company-specific news. Per Yahoo Finance, the move reflects sector-wide caution around software valuation multiples and AI-driven automation's impact on legacy per-seat pricing models. Volume of 988,539 shares ran at 0.96x the time-adjusted average, consistent with normal intraday activity.
Procore Technologies (PCOR) rose 5.39% to $63.69 following positive analyst momentum tied to its late-July Q2 earnings beat and raised full-year guidance. The company reported EPS of $0.47 (vs. $0.42 consensus) and revenue of $375.2 million, then raised FY2026 revenue guidance to $1.51–$1.514 billion; UBS and other major firms subsequently raised price targets, with UBS targeting $75 (per Yahoo Finance). Volume of 1.76M shares is running 1.30x normal for this time of session.
Material / Earnings2026-08-19+5.1%
Procore Technologies, Inc. (PCOR) moved +5.13% from $59.85 to $62.92 on 2026-08-19. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move coincided with PCOR reaching a new 30-day high.
Material / Earnings2026-08-14-3.8%
Procore Technologies, Inc. (PCOR) moved -3.87% from $62.21 to $59.80 on 2026-08-14. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume was near its 5-day average, suggesting the move occurred without exceptional trading activity.
Material / Earnings2026-08-13+7.2%
Procore Technologies, Inc. (PCOR) moved +7.17% from $58.01 to $62.17 on 2026-08-13, reaching a new 30-day high on modestly elevated volume (1.9x the 5-day average). The move reflects momentum from recent catalysts: a strong Q2 earnings beat that topped both consensus EPS and revenue estimates with record profitability, the announced acquisition of DroneDeploy to expand its jobsite platform, and investor enthusiasm around new AI-powered digital coworker packages. The company also priced an upsized $825 million convertible senior notes offering.
In-depth PCOR event analyses
Permanent, dated analyses of PCOR's most significant sessions.
Why did Procore Technologies, Inc. (PCOR) stock move?
PCOR tumbled 7.4% to $52.56. No single company-specific catalyst was confirmed during the move window, and it looks technical.
How much did PCOR stock fall?
PCOR lost 7.37% ($4.18) versus the prior close of $56.74, last trading at $52.56 on 1.1× average volume.
When is Procore Technologies, Inc.'s next earnings date?
PCOR's next earnings report is estimated for 2026-11-04 — about 49 days away.
What is the analyst price target for PCOR?
The consensus analyst price target for PCOR is $68.00, about 29.4% above the current $52.56. Over the past 90 days, analysts recorded 0 upgrades, 7 maintains, and 0 downgrades.
How BestStocks tracks PCOR
This page is generated automatically by BestStocks' change-detection system after price move down was detected and verified against independent data sources. 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 September 16, 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.
