Professional
Added to YB: 2024-05-08
Pitch date: 2024-03-31
PCOR [bullish]
Procore Technologies, Inc.
-11.93%
current return
Author Info
No bio for this author
Company Info
Procore Technologies, Inc., together with its subsidiaries, provides a cloud-based construction management platform and related products and services in the United States and internationally.
Market Cap
$11.7B
Pitch Price
$82.15
Price Target
N/A
Dividend
N/A
EV/EBITDA
-219.78
P/E
-89.85
EV/Sales
8.66
Sector
Software
Category
growth
Baron Asset Fund New Portfolio Holding: Procore Technologies, Inc.
PCOR: Cloud software for construction mgmt, used by 16K+ firms. Leading share but only 12% US penetration. Competitive edge: integrated platform, usage-based pricing (vs seats). Long growth runway via new customers, use cases like payments. 20%+ FCF margin potential.
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