P

Procore Technologies Inc
NYSE:PCOR

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Procore Technologies Inc
NYSE:PCOR
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Price: 76.53 USD 1.39% Market Closed
Market Cap: 11.4B USD
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Procore Technologies Inc
Research & Development

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
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Annual
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Procore Technologies Inc
Research & Development Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Research & Development CAGR 3Y CAGR 5Y CAGR 10Y
P
Procore Technologies Inc
NYSE:PCOR
Research & Development
-$291.4m
CAGR 3-Years
-34%
CAGR 5-Years
-39%
CAGR 10-Years
N/A
Salesforce Inc
NYSE:CRM
Research & Development
-$5.3B
CAGR 3-Years
-9%
CAGR 5-Years
-17%
CAGR 10-Years
-22%
Palantir Technologies Inc
NYSE:PLTR
Research & Development
-$404.6m
CAGR 3-Years
10%
CAGR 5-Years
-7%
CAGR 10-Years
N/A
Applovin Corp
NASDAQ:APP
Research & Development
-$592.4m
CAGR 3-Years
-49%
CAGR 5-Years
-105%
CAGR 10-Years
N/A
Intuit Inc
NASDAQ:INTU
Research & Development
-$2.8B
CAGR 3-Years
-14%
CAGR 5-Years
-17%
CAGR 10-Years
-14%
Adobe Inc
NASDAQ:ADBE
Research & Development
-$3.9B
CAGR 3-Years
-16%
CAGR 5-Years
-15%
CAGR 10-Years
-17%
No Stocks Found

Procore Technologies Inc
Glance View

Market Cap
11.4B USD
Industry
Technology
Economic Moat
None

Nestled in the vibrant tech hub of Carpinteria, California, Procore Technologies Inc. has carved a niche in the digital world by revolutionizing how construction projects are managed. Founded in 2002, the company emerged from a fundamental need to simplify the complex, multifaceted processes inherent in the construction industry. The CEO and vision bearer, Tooey Courtemanche, envisioned a cloud-based platform that would streamline communication and collaboration among stakeholders on a construction site—from architects and project managers to contractors and suppliers. The result was Procore's innovative suite of software solutions that provide a unified platform for project management, financial management, and quality and safety management, ensuring projects are completed on time, within budget, and with stringent adherence to safety standards. Procore’s business model is centered on a subscription-based revenue stream, offering its platform to clients on an annual or multiyear subscription basis. The company attracts a diverse clientele, ranging from small contractors to some of the largest construction firms globally, who are drawn to its ability to integrate different facets of project management into a single, seamless system. The platform’s ability to foster efficiency, reduce costly delays, and improve collaboration and transparency in real-time translates into valuable efficiencies and cost savings for their clients. Furthermore, Procore continuously expands its ecosystem through the Procore App Marketplace, hosting integrations with other software systems, thus adding layers of usability and flexibility to its offerings, and solidifying its role as an indispensable partner in the construction industry's digital transformation.

PCOR Intrinsic Value
43.63 USD
Overvaluation 43%
Intrinsic Value
Price
P

See Also

What is Procore Technologies Inc's Research & Development?
Research & Development
-291.4m USD

Based on the financial report for Dec 31, 2023, Procore Technologies Inc's Research & Development amounts to -291.4m USD.

What is Procore Technologies Inc's Research & Development growth rate?
Research & Development CAGR 5Y
-39%

Over the last year, the Research & Development growth was -11%. The average annual Research & Development growth rates for Procore Technologies Inc have been -34% over the past three years , -39% over the past five years .

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