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The Screen · Technology · Software - Application
Procore Technologies, Inc.
PCOR · the NYSE · USD · Market cap $7.9B · 4,421 employees
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.
Screened 2026-09-16 · the tape above runs as of 13:00 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
The Label · The Season, Not the Day
This name holds its distribution label.
Procore Technologies, Inc. holds its Distribution at $51.97. The statistical read favours the sellers, held for 10 days.
As held on the ledger · 2026-09-16
Phase
Distribution · caution
Quantitative state
The statistical read favours the sellers, held for 10 days
Price at the screen
$51.97
Valuation
N/A trailing · 21.89 forward price to earnings
Values screen
PASS· score 70.0
Beta
0.75
The Workings
Five Screens, Shown in Full
Full pass across all five screens. This security clears the Titan Ethical Standard: its business and its balance sheet both stay inside the lines.
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
3.23%
Below 33%
Interest-bearing debt is just 3.2% of its assets, well under the one-third ceiling: it does not run on borrowed money.
Pass
Interest-bearing cash
1.90%
Below 33%
Cash held in interest-bearing accounts and securities is 1.9% of assets, under the one-third limit.
Pass
Receivables
34.32%
Below 49%
Money owed to the company is 34.3% of assets, under the 49% limit.
Pass
Revenue purity
1.58%
Below 5%
Only 1.6% of revenue comes from non-compliant sources, under the 5% line.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
Fair value range in USD, drawn from the 2026-09-16 screen. The gold marker is the market price at the same screen. A 9.0% margin of safety to the base estimate.
Third-party analyst targets: 21 covering, consensus Buy. The average target sits +31% from the screen price.
Reading the gap · Both our model and the analysts see meaningful upside from here.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-09-16 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Construction software still laying its foundations
Picture a skyscraper going up with every subcontractor using their own spreadsheets. Procore offers the single cloud platform that pulls owners, contractors and architects onto one live set of drawings and budgets. Revenue is rising at 16 percent, the ethical screen is cleared, and the shares sit 19 percent below our fair value, yet the company is still losing money at a 6 percent margin with a matching negative return on equity.
That combination explains the "none" rating. Forward earnings sit at 21.8 times, analysts like the story and push a $69 median target, but the absence of profits means any valuation multiple rests on hopes rather than delivered cash. Without a clear moat the business must keep spending heavily just to hold share in a fragmented market.
The real risk is that construction spending slows or competitors copy the workflow before margins turn positive. Currency moves and project delays can hit revenue quickly, and negative returns leave little room for error if growth falters. Analysis, not advice.
The risks · The main risks here are ordinary market swings and the chance our fair-value read proves too optimistic.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
PCOR trades on the NYSE. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The Dated Journal · Newest First, Never Edited
Every Entry, As Written
2026-09-09Markup$63.70+16.3%Entry 5
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 16.3% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading oversold. Over the past year the shares are down 35%. Our forward projection puts the odds of a 10% gain over the next month near 21%. The street (19 analysts) rates it none, with a mean price target of $69.
2026-08-08Markup · changed$54.77+29.3%Entry 4
The framework has shifted from distribution to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 29.3% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading oversold. Over the past year the shares are down 35%. Our forward projection puts the odds of a 10% gain over the next month near 21%. The street (19 analysts) rates it none, with a mean price target of $69.
2026-07-18Distribution$42.36+0.0%Entry 3
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading oversold. Over the past year the shares are down 35%. Our forward projection puts the odds of a 10% gain over the next month near 21%. The street (19 analysts) rates it none, with a mean price target of $69.
2026-07-03Distribution$42.36+0.0%Entry 2
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows negative risk-adjusted returns.
2026-07-02Distribution$42.36Entry 1
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows negative risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
