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Procore Technologies, Inc.

Technology Updated August 11, 2026
$58.71
52W $38.03 – $82.31
59/100
$8.86B
-225.4
0.73
AI Committee Verdict
Watch
59/100
Conviction: Moderate · 67% agreement · 6 analysts
Moderate

Is PCOR Bullish or Bearish?

Mixed. Innellis AI committee rates Procore Technologies, Inc. (PCOR) Watch with a composite score of 59/100 , based on 6 analysts with 67% agreement. Last updated August 11, 2026.

What Would Change This View

Upgrade to Buy
Requires a committee score of 60.0 — +1.42 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Reduce
Requires the score to fall below 40.0 — -18.58 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

Some positive signals exist — vix regime is low -- calm backdrop supports risk-taking — but they are not yet strong enough to justify a Buy. The committee is monitoring for confirmation.

Bull & Bear Case

Bull Case
  • MACD histogram positive -- bullish momentum — Technical
  • Low leverage (debt-to-equity 0.02) -- balance sheet can absorb a shock — Risk
  • VIX regime is low -- calm backdrop supports risk-taking — Macro
  • Market regime is bullish (Bull market -- normal position sizing) — Macro
Bear Case
  • Price-to-book of 9.0x prices in significant intangible value — Value
  • ROE of only -3.1% -- cheap may mean cheap for a reason — Value
  • RSI at 88 is in overbought territory — Technical
  • Bollinger bandwidth of 48.4% signals elevated volatility — Risk
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 11, 2026
Overall Committee Score
59/100
Agreement
67%
Analysts
6
Conviction
Moderate
Sector Rank
Top 55%
of 284 Technology peers
Value Analyst neutral
43 / 100 · Moderate confidence
Fair value -- neither a bargain nor obviously overpriced
− Price-to-book of 9.0x prices in significant intangible value
Growth Analyst bullish
65 / 100 · Low confidence
Strong, accelerating growth with consistent execution
Technical Analyst neutral
48 / 100 · High confidence
Mixed or range-bound price action
+ MACD histogram positive -- bullish momentum
− RSI at 88 is in overbought territory
Risk Analyst neutral
58 / 100 · Moderate confidence
Moderate risk -- no single red flag, but nothing that clearly de-risks the position either
+ Low leverage (debt-to-equity 0.02) -- balance sheet can absorb a shock
− Bollinger bandwidth of 48.4% signals elevated volatility
Macro Analyst bullish
78 / 100 · Moderate confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ VIX regime is low -- calm backdrop supports risk-taking
News Analyst neutral
60 / 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
Portfolio Manager neutral
55 / 100 · Moderate confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− 2 existing position pair(s) are highly correlated already
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Technical Analysis

RSI (14)
87.9
Overbought
MACD Histogram
0.968
Bullish Momentum
Trend Direction
Sideways
Weekly: Downtrend
Market Structure
Mixed
Support
$53.71
Resistance
$60.57
Bollinger %B
0.86
Inside Bands
Price vs Moving Averages
EMA 9
$55.45 Above
EMA 21
$51.51 Above
EMA 50
$48.94 Above
EMA 200
$55.51 Above

Fundamental Analysis

Valuation
72
Profitability
25
Financial Health
65
Cash Flow
70
Valuation
P/E Ratio -225.4×
P/B Ratio 6.95×
PEG Ratio -1.51
Dividend Yield 0.00%
52W High $82.31
52W Low $38.03
Quality & Growth
ROE -798.4%
ROA -450.1%
Gross Margin 7979.1%
Operating Margin -397.1%
Revenue Growth YoY
Debt / Equity 0.05
AI Fundamental Assessment
[reduced confidence: limited earnings history] P/E ratio of -225.4 (inexpensive relative to a 15-40x range); Price-to-book of 6.9x; PEG ratio of -1.5 (under 1.0 suggests growth is undervalued relative to price); Return on equity of -8.0%; Return on assets of -4.5%; Net margin of -2.7%; Gross margin of 79.8%; Current ratio of 1.17 (tight short-term liquidity); Debt-to-equity of 0.05; Free cash flow per share is positive (1.94); Earnings-history trend unavailable; growth based on TTM year-over-year only.
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