On Nov 22, major Wall Street analysts update their ratings for $Procore Technologies (PCOR.US)$, with price targets ranging from $78 to $90.
J.P. Morgan analyst Alexei Gogolev maintains with a buy rating, and adjusts the target price from $75 to $85.
Barclays analyst Saket Kalia maintains with a hold rating, and adjusts the target price from $66 to $78.
Jefferies analyst Brent Thill maintains with a hold rating, and adjusts the target price from $70 to $80.
TD Cowen analyst Andrew Sherman maintains with a buy rating, and maintains the target price at $82.
BMO Capital analyst Daniel Jester maintains with a buy rating, and adjusts the target price from $71 to $85.
Furthermore, according to the comprehensive report, the opinions of $Procore Technologies (PCOR.US)$'s main analysts recently are as follows:
The firm's increased optimism following their analyst day reflects a stronger conviction in the company's competitive edges, which became apparent through various discussions with customers and partners.
Procore's investor day reinforced confidence in the company's growth strategy, emphasizing efficiency and improvements in free cash flow per share. The projection of a free cash flow margin trajectory of 25% to 40%+ surpasses expectations. Additionally, the implementation of a new go-to-market model is anticipated to accelerate top-line growth.
Following Procore's Investor Day and user conference, there is an incrementally positive sentiment due to potential pricing and packaging changes, enhanced momentum from its "swarming" motion, and high team morale. These factors support the viewpoint that anticipated disruptions could be more contained than previously expected. Additionally, there is optimism driven by its ambitious medium- and long-term free cash flow margin targets which are over 25% and 40% respectively.
The analyst notes that Procore has delivered 'incremental innovation' at Groundbreak. Despite being 'fundamental fans of the story,' they anticipate that upcoming go-to-market changes in fiscal Q1 might lead to some near-term volatility.
Here are the latest investment ratings and price targets for $Procore Technologies (PCOR.US)$ from 10 analysts:
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美东时间11月22日，多家华尔街大行更新了$Procore Technologies (PCOR.US)$的评级，目标价介于78美元至90美元。
摩根大通分析师Alexei Gogolev维持买入评级，并将目标价从75美元上调至85美元。
巴克莱银行分析师Saket Kalia维持持有评级，并将目标价从66美元上调至78美元。
富瑞集团分析师Brent Thill维持持有评级，并将目标价从70美元上调至80美元。
TD Cowen分析师Andrew Sherman维持买入评级，维持目标价82美元。
BMO资本市场分析师Daniel Jester维持买入评级，并将目标价从71美元上调至85美元。
此外，综合报道，$Procore Technologies (PCOR.US)$近期主要分析师观点如下：
公司在分析师日活动后增加信恳智能，体现出对公司竞争优势的更坚定信念，这一点在与客户和合作伙伴的多次讨论中显而易见。
Procore的投资者日增强了对公司增长策略的信心，强调了自由现金流每股的效率和改进。自由现金流率的预期为25%至40%+的增长超出了预期。此外，新的市场模式的实施预计将加速收入增长。
在Procore的投资者日和用户大会之后，由于潜在的定价和打包变化，"集群"动作的增强动力以及团队高涨的士气，产生了递增的积极情绪。这些因素支持这一观点：预期的扰动可能比之前预期的更受控制。此外，由其雄心勃勃的中长期自由现金流率目标所驱动的乐观情绪分别超过25%和40%。
分析师指出Procore在Groundbreak上提供了"增量创新"。尽管他们是对这个故事的"基本粉丝"，但他们预计在财政第一季度即将发生的市场变化可能会带来一些短期波动。
以下为今日10位分析师对$Procore Technologies (PCOR.US)$的最新投资评级及目标价：
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