On Nov 23, major Wall Street analysts update their ratings for $Procore Technologies (PCOR.US)$, with price targets ranging from $83 to $90.
Goldman Sachs analyst Kash Rangan maintains with a buy rating, and adjusts the target price from $73 to $83.
Oppenheimer analyst Kenneth Wong maintains with a hold rating.
Stifel analyst Adam Borg maintains with a buy rating, and adjusts the target price from $70 to $84.
Piper Sandler analyst Brent Bracelin maintains with a buy rating, and adjusts the target price from $70 to $90.
Scotiabank analyst Nick Altmann maintains with a buy rating, and adjusts the target price from $70 to $85.
Furthermore, according to the comprehensive report, the opinions of $Procore Technologies (PCOR.US)$'s main analysts recently are as follows:
The company's Analyst Day presentation outlined a strong strategic approach aimed at steadily boosting growth and expanding margins over the medium term, despite the challenging macroeconomic environment. Analysts are appreciative of the product and market prospects for Procore as it integrates technical and geographic sales resources that are in line with its recent updates.
The firm's increased confidence in the company's competitive advantages is bolstered by insights from customer and partner conversations experienced during its analyst day.
Procore's investor day emphasized growth driving efficiency and improvement in free cash flow per share. The company's projection of a 25% to 40%+ free cash flow margin trajectory was noted to surpass expectations. Additionally, their new go-to-market model is poised to accelerate top-line growth.
Following Procore's Investor Day and user conference, the sentiment remains incrementally positive, influenced by potential pricing and packaging changes, the efficacy of its 'swarming' motion, and strong morale. These factors bolster confidence that any disruption may be more contained than initially anticipated. Additionally, the outlook for medium- and long-term free cash flow margin targets of 25%+ and 40%+ respectively, further strengthens this view.
Here are the latest investment ratings and price targets for $Procore Technologies (PCOR.US)$ from 5 analysts:
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美东时间11月23日，多家华尔街大行更新了$Procore Technologies (PCOR.US)$的评级，目标价介于83美元至90美元。
高盛集团分析师Kash Rangan维持买入评级，并将目标价从73美元上调至83美元。
奥本海默控股分析师Kenneth Wong维持持有评级。
斯迪富分析师Adam Borg维持买入评级，并将目标价从70美元上调至84美元。
派杰投资分析师Brent Bracelin维持买入评级，并将目标价从70美元上调至90美元。
丰业银行分析师Nick Altmann维持买入评级，并将目标价从70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：
公司的分析师日演示概述了一种强有力的战略方法，旨在尽管宏观经济环境具有挑战性，仍然稳步提升增长和扩展利润率。分析师们对于Procore的产品和市场前景表示欣赏，因为它整合了与其近期更新相符的技术和地理销售资源。
公司对其竞争优势的信心增强，得益于在分析师日上与客户和合作伙伴的对话所获得的洞察。
Procore的投资者日强调了驱动增长的效率和每股自由现金流的改善。公司预计自由现金流利润率将在25%至40%以上的轨迹上，超过了预期。此外，他们的新市场模式有望加速顶线增长。
在Procore的投资者日和用户会议之后，情绪仍然逐渐积极，受到潜在定价和包装变化、其“集结”运动的有效性以及强烈士气的影响。这些因素增强了信心，认为任何干扰可能会比最初预期的更加可控。此外，中长期自由现金流利润率目标分别为25%+和40%+的前景，进一步加强了这一观点。
以下为今日5位分析师对$Procore Technologies (PCOR.US)$的最新投资评级及目标价：
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