Porch Group, Inc. (PRCH)

NASDAQ: PRCH · Real-Time Price · USD
10.11
-0.21 (-1.99%)
May 12, 2025, 2:32 PM - Market open
-1.99%
Market Cap 1.04B
Revenue (ttm) 427.15M
Net Income (ttm) -11.07M
Shares Out 103.23M
EPS (ttm) -0.11
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,473,584
Open 10.45
Previous Close 10.31
Day's Range 10.03 - 10.59
52-Week Range 1.05 - 11.35
Beta 2.43
Analysts Strong Buy
Price Target 7.89 (-21.92%)
Earnings Date May 6, 2025

About PRCH

Porch Group, Inc., together with its subsidiaries, operates a vertical software and insurance platform in the United States. The company operates in home-related product and service industries, including insurance, mortgage software, title insurance software, warranty, moving services, inspection software, home repair, and marketing, financial, and other software for home services companies. It also provides insurance and warranty products to protect their homes; and property-related insurance, whole-home, 90-day, service line, and extended lab... [Read more]

Sector Technology
Founded 2012
Employees 733
Stock Exchange NASDAQ
Ticker Symbol PRCH
Full Company Profile

Financial Performance

In 2024, Porch Group's revenue was $437.85 million, an increase of 1.75% compared to the previous year's $430.30 million. Losses were -$32.83 million, -75.49% less than in 2023.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for PRCH stock is "Strong Buy." The 12-month stock price forecast is $7.89, which is a decrease of -21.92% from the latest price.

Price Target
$7.89
(-21.92% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Sezzle and Porch Group Lead Post-Earnings Gains as CE 100 Index Advances 2.2%

Earnings season is nearing its end, and in a week that saw 10 of 11 of the pillars in the CE 100 Index gain ground, management continued to take note of resilient consumer spending, while at the same ...

Other symbols: SEZL
10 hours ago - PYMNTS

Porch Group: Up 50%+ Post-Earnings--But Is The Rally Justified?

Porch Group operates as a vertical software and insurance platform with three revenue streams: insurance services, software and data, and consumer services. Despite recent revenue generation of $427.2...

1 day ago - Seeking Alpha

Porch Group Announces Attendance At Upcoming Investor Events

SEATTLE--(BUSINESS WIRE)--Porch Group Announces Attendance At Upcoming Investor Events.

4 days ago - Business Wire

Porch Group, Inc. (PRCH) Q1 2025 Earnings Call Transcript

Porch Group, Inc. (NASDAQ:PRCH) Q1 2025 Earnings Conference Call May 6, 2025 5:00 PM ET Company Participants Matt Ehrlichman - CEO, Chairman and Founder Shawn Tabak - CFO Matthew Neagle - COO Confere...

5 days ago - Seeking Alpha

Porch Group Reports First Quarter 2025 Results

SEATTLE--(BUSINESS WIRE)--Porch Group Reports First Quarter 2025 Results. Exceeds Expectations and Increases Guidance Driven by Insurance Services.

5 days ago - Business Wire

Porch Group to Release First Quarter 2025 Earnings on May 6, 2025

SEATTLE--(BUSINESS WIRE)--Porch Group to Release First Quarter 2025 Earnings on May 6, 2025.

19 days ago - Business Wire

CE 100 Index Adds 2.1% as Porch Group Rallies and Tencent Surges on Earnings

Over the past week, the CE 100 Index's 2.1% rally outpaced its benchmarks, driven by gains across all pillars. Porch Group led advancing names in the Index, surging more than 14.4%.

7 weeks ago - PYMNTS

Porch Group Announces Four Seasoned Industry Leaders Strengthen the Organization

SEATTLE--(BUSINESS WIRE)--Porch Group Announces Four Seasoned Industry Leaders Strengthen the Organization.

2 months ago - Business Wire

From Skeptic To Buyer: Why I'm Upgrading Porch Group

Porch Group's shift to a high-margin, fee-based model has significantly improved profitability, with 2024 EBITDA hitting record levels and ambitious targets set for 2025 and 2026. Despite impressive r...

2 months ago - Seeking Alpha

Porch Group, Inc. (PRCH) Q4 2024 Earnings Call Transcript

Porch Group, Inc. (PRCH) Q4 2024 Earnings Call Transcript

2 months ago - Seeking Alpha

Porch Group Reports Fourth Quarter 2024 Results

SEATTLE--(BUSINESS WIRE)--Porch Group Reports Fourth Quarter 2024 Results.

2 months ago - Business Wire

Porch Group to Release Fourth Quarter 2024 Earnings on February 25, 2025

SEATTLE--(BUSINESS WIRE)--Porch Group, Inc. (“Porch Group,” “Porch” or “the Company”) (Nasdaq: PRCH), a homeowners insurance and vertical software platform, today announced it will report financial re...

3 months ago - Business Wire

Porch Group Completes Formation of Porch Insurance Reciprocal Exchange and Corresponding Sale of Homeowners of America Insurance Company

SEATTLE--(BUSINESS WIRE)--Porch Group Completes Formation of Porch Insurance Reciprocal Exchange and Corresponding Sale of Homeowners of America Insurance Company.

4 months ago - Business Wire

Porch Group Launches MovingPlace, a One-Stop Marketplace for Moving Services

SEATTLE--(BUSINESS WIRE)--Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), a homeowners insurance and vertical software platform, today announced the launch of MovingPlace, a new marketpla...

5 months ago - Business Wire

Porch Group Releases its 2024 ESG Report

SEATTLE--(BUSINESS WIRE)--Porch Group Releases its 2024 ESG Report.

5 months ago - Business Wire

Porch Group Reiterates $32m Q4'24 Adj EBITDA(1) Guidance and Shares Investor Day Highlights

SEATTLE--(BUSINESS WIRE)--Porch Group Reiterates $32m Q4'24 Adj EBITDA Guidance and Shares Investor Day Highlights.

5 months ago - Business Wire

CE 100 Index Gains Ground on Porch Group's 51% Rally

The CE 100 Index rallied by 2.2% this past week, starting the last month of trading in 2024 on a positive note. The Live segment stood out here, jumping by more than 7.2%.

5 months ago - PYMNTS

Porch Group's Investor Day to Highlight 2026 $100m Adj EBITDA Target(1,2)

SEATTLE--(BUSINESS WIRE)--Porch Group's Investor Day to Highlight 2026 $100m Adj EBITDA Target.

5 months ago - Business Wire

Why I'm Waiting For Porch Group To Nail Down Its Growth Story

Porch Group's stock surged 170% in a year, with analysts predicting 30% upside, but profitability and growth metrics are concerning. The launch of Porch Insurance Reciprocal Exchange aims to stabilize...

6 months ago - Seeking Alpha

Porch Group to Host Investor Day on December 5, 2024

SEATTLE--(BUSINESS WIRE)--Porch Group to Host Investor Day on December 5, 2024.

6 months ago - Business Wire

Porch Group Announces Strategic Home Factors Partnership

SEATTLE--(BUSINESS WIRE)--Porch Group Announces Strategic Home Factors Partnership.

6 months ago - Business Wire

Porch Group, Inc. (PRCH) Q3 2024 Earnings Call Transcript

Porch Group, Inc. (NASDAQ:PRCH) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Lois Perkins - Head of Investor Relations Matt Ehrlichman - Chairman, Founder & Chief...

6 months ago - Seeking Alpha

Porch Group Reports Third Quarter 2024 Results

SEATTLE--(BUSINESS WIRE)--Porch Group Reports Third Quarter 2024 Results.

6 months ago - Business Wire

CE 100 Index Gains 2.1% as Porch Soars and Fiverr Roars After Earnings

The avalanche of earnings reports continued this past week, driving the CE 100 Index 2.1% higher. Porch Group shares surged nearly 73%  and drove the Live segment ahead by 7.6%.

Other symbols: FVRR
6 months ago - PYMNTS

Porch Group to Release Third Quarter 2024 Earnings on November 7, 2024

SEATTLE--(BUSINESS WIRE)--Porch Group to Release Third Quarter 2024 Earnings on November 7, 2024. Investor Day Will Be Scheduled In Early December, 2024.

7 months ago - Business Wire