Deep Dive Into Procore Technologies Stock: Analyst Perspectives (8 Ratings)
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed evaluations for Procore Technologies (NYSE:PCOR) over the past three months, with a recent trend towards lowering price targets. The average 12-month price target has decreased by 5.13% to $80.75. Key financial indicators show Procore facing challenges in profitability and asset utilization, despite notable revenue growth.
June 04, 2024 | 12:00 pm
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Procore Technologies has received mixed analyst ratings over the past three months, with a recent trend of lowering price targets. The average 12-month price target has decreased by 5.13% to $80.75. Financial indicators show challenges in profitability and asset utilization, despite notable revenue growth.
The trend of analysts lowering their price targets and the decrease in the average 12-month price target suggest a bearish outlook. Financial indicators such as negative net margin, ROE, and ROA further support the likelihood of short-term price decline.
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