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Porch Group, Inc.

4.66

-0.6300-11.91%

Pre-market: 5.240.5800+12.45%04:26 EDT

Volume:2.04M

Turnover:9.83M

Market Cap:475.32M

PE:-14.14

High:5.23

Open:5.20

Low:4.65

Close:5.29

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Overview Company News Filings

Is Porch Group, Inc. (PRCH) the Hot Software Stock with High Upside Potential?

US insurance composite holds steady amid declines in reinsurers and standard commercial insurers last week

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

Here’s Why Porch Group, Inc. (PRCH) Is Skyrocketing

US insurance composite drops 3% last week as wildfires compound global equity woes

Institutional investors may overlook Porch Group, Inc.'s (NASDAQ:PRCH) recent US$65m market cap drop as long-term gains remain positive

Simply Wall St.

Porch announces completion of PIRE and sale of HOA to PIRE

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

THOMSON REUTERS

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

Investing in Porch Group (NASDAQ:PRCH) a year ago would have delivered you a 64% gain

Simply Wall St.

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

Porch Group Releases its 2024 ESG Report

Oppenheimer Adjusts Porch Group Price Target to $7 From $4, Maintains Outperform Rating

MT Newswires Live

Porch Group Coverage Assumed by Loop Capital at Hold

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

Porch Group price target raised to $8 from $4 at Craig-Hallum

Porch Group, Inc. : Craig-Hallum Raises Target Price to $8 From $4

THOMSON REUTERS

Porch Group EBITDA targets ‘seem aggressive,’ says Keefe Bruyette

Porch Group Shares Surge Following Higher-Then-Expected Financial Targets

Porch Group’s Investor Day to Highlight 2026 $100M Adj Ebitda Target(1,2)

THOMSON REUTERS

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In this article, we are going to take a look at where Porch Group, Inc. stands against other hot software stocks with high upside potential.As per MarkNtel Advisors, which is a leading consulting, data analytics, andmarket research firm, theUS software marketis expected to grow at a CAGR of ~7.17% over 2024 – 2030. Possessing a strong legacy of innovation and entrepreneurship, the US has been categorized as a world leader in software development, housing a thriving environment of startups, software corporations, and academic institutions. With businesses using technology to fuel creativity, productivity, and competitiveness, the broader US software market continues to move towards digital transformation throughout all industries.In a bid to be more flexible, responsive to market demands, and scalable, it’s important to modernize legacy systems, procedures, and infrastructure apart from implementing cutti","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/porch-group-inc-prch-hot-211726465.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["NVIW.SI","PRCH","SQQQ","PSQ",".IXIC","TSYW.SI","BK4122","USJW.SI","BK4023","NQmain","TQQQ","QID","MNQmain","USAW.SI","QLD"],"gpt_icon":1},{"id":"2512616285","title":"US insurance composite holds steady amid declines in reinsurers and standard commercial insurers last week","url":"https://stock-news.laohu8.com/highlight/detail?id=2512616285","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512616285?lang=en_us&edition=fundamental","pubTime":"2025-02-19 00:17","pubTimestamp":1739895478,"startTime":"0","endTime":"0","summary":"US insurance composite holds steady amid declines in reinsurers and standard commercial insurers last weekBy Carlos PallordetFeb 17 - (The Insurer) - The North American insurance composite compiled by","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250218:nL6N3P80GM:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4022","BK4585","LU0187121727.USD","LU2244417387.USD","BK4559","BK4107","LU0170899867.USD","LU1983260115.SGD","UFCS","BK4232","BK4501","LU0211331839.USD","UHAL","LU0054578231.USD","LU0077335932.USD","LU1116320737.USD","IE00B19Z3B42.SGD","BK4023","IE0002270589.USD","PRCH","LU0238689110.USD","RGA","MMC","BK4122","IE00B19Z3581.USD","LU1116320901.HKD","BK4588","EG","BK4581","BK4173","RNR","BK4019","LU0265550359.USD","LU0265550946.USD","MCY"],"gpt_icon":0},{"id":"2509786121","title":"Press Release: Porch Group to Release Fourth Quarter 2024 Earnings on February 25, 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2509786121","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509786121?lang=en_us&edition=fundamental","pubTime":"2025-02-07 04:38","pubTimestamp":1738874280,"startTime":"0","endTime":"0","summary":"Porch Group, Inc.  , a homeowners insurance and vertical software platform, today announced it will report financial results for the fourth quarter ended December 31, 2024, after markets close on Tuesday, February 25, 2025.Porch management will host a live webinar to discuss the financial results and business followed by Q&A on Tuesday, February 25, 2025, at 5:00 p.m. Eastern . A presentation to accompany the discussion will be posted on the company website, along with a press release and other supplemental financial information.All are invited to listen to the event by registering for the webinar here. A webinar replay will also be available in the Investors section of Porch's corporate website.Porch Group, Inc.,  is a new kind of homeowners insurance company. Porch's strategy to win in homeowners insurance is to deploy leading vertical software solutions in select home-related industries, provide the best services for homebuyers including important moving services, leverage unique da","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PRCH"],"gpt_icon":0},{"id":"2503553723","title":"Here’s Why Porch Group, Inc. (PRCH) Is Skyrocketing","url":"https://stock-news.laohu8.com/highlight/detail?id=2503553723","media":"Insider Monkey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503553723?lang=en_us&edition=fundamental","pubTime":"2025-01-14 04:56","pubTimestamp":1736801793,"startTime":"0","endTime":"0","summary":"One of the strongest stock market anomalies is the momentum effect, which is the tendency of recent past winners to outperform the recent past losers. That’s why we decided to take a look at some of the recent past winners in this article. These 24 companies, predominantly involved in the quantum computing, biotechnology, and technology sectors, have performed significantly well in the final quarter of 2024, registering spectacular returns over the 3 months.That said, let’s take a look at the top 24 stocks that have skyrocketed and pose a solid growth opportunity in the coming year. We will also explore how well the stocks have performed throughout the year and what they have in store for 2025.To come up with 24 names, we considered only the stocks that have at least $2 billion in market capitalization and have registered commendable returns in the fourth quarter of 2024.A contractor working on home repairs, perfecting the details of a homeowner's dream.Disclosure: None. This article i","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/why-porch-group-inc-prch-205633840.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4122","BK4023","PRCH"],"gpt_icon":0},{"id":"2503582064","title":"US insurance composite drops 3% last week as wildfires compound global equity woes","url":"https://stock-news.laohu8.com/highlight/detail?id=2503582064","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503582064?lang=en_us&edition=fundamental","pubTime":"2025-01-14 00:23","pubTimestamp":1736785410,"startTime":"0","endTime":"0","summary":"US insurance composite drops 3% last week as wildfires compound global equity woesBy Carlos PallordetJan 13 - The North American insurance composite compiled by investment banks Stonybrook Capital and","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250113:nL6N3O90D8:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0211331839.USD","IE00B19Z3581.USD","CRE.UK","LU0053666078.USD","LU1941712264.USD","BK4501","TRUP","EG","UFCS","BK5075","CINF","IE00B19Z3B42.SGD","L","BK4585","BK4162","PRCH","SPNT","BK4232","MCY","LU1941712348.USD","BK4023","BK4019","BK4588","BK4122","CNA","BK4022","UHAL","IE0002270589.USD","BK4107","SKWD"],"gpt_icon":0},{"id":"2502860813","title":"Institutional investors may overlook Porch Group, Inc.'s (NASDAQ:PRCH) recent US$65m market cap drop as long-term gains remain positive","url":"https://stock-news.laohu8.com/highlight/detail?id=2502860813","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2502860813?lang=en_us&edition=fundamental","pubTime":"2025-01-10 19:11","pubTimestamp":1736507479,"startTime":"0","endTime":"0","summary":"Key Insights Significantly high institutional ownership implies Porch Group's stock price is sensitive to their trading...","market":"us","thumbnail":"https://images.simplywall.st/asset/industry/4422000-choice2-main-header/1585186866479","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/4422000-choice2-main-header/1585186866479"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/us/software/nasdaq-prch/porch-group/news/institutional-investors-may-overlook-porch-group-incs-nasdaq","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["LU2095319765.USD","LU2210149790.SGD","MNQmain","IE00B3QW5Z07.USD","PRCH","IE00BGHQF748.EUR","NQmain","BK4023","SQQQ","NVIW.SI","BK4112","BK4122","QID","LU2210150020.SGD","USJW.SI","BK4588","TSYW.SI","IE00BKPKM429.USD","USAW.SI","QLD","NDAQ","IE00B64PRP62.GBP","PSQ","TQQQ",".IXIC","BK4585"],"gpt_icon":1},{"id":"2501620221","title":"Porch announces completion of PIRE and sale of HOA to PIRE","url":"https://stock-news.laohu8.com/highlight/detail?id=2501620221","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2501620221?lang=en_us&edition=fundamental","pubTime":"2025-01-07 22:15","pubTimestamp":1736259329,"startTime":"0","endTime":"0","summary":"Porch Group (PRCH) announced the completed formation of the Porch Insurance Reciprocal Exchange, PIRE, and sale of Homeowners of America Insurance ...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/porch-announces-completion-of-pire-and-sale-of-hoa-to-pire?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/porch-announces-completion-of-pire-and-sale-of-hoa-to-pire?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4122","BK4023","PRCH"],"gpt_icon":0},{"id":"2501097902","title":"Porch Group Completes Formation of Porch Insurance Reciprocal Exchange and Corresponding Sale of Homeowners of America Insurance Company","url":"https://stock-news.laohu8.com/highlight/detail?id=2501097902","media":"THOMSON REUTERS","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2501097902?lang=en_us&edition=fundamental","pubTime":"2025-01-07 21:30","pubTimestamp":1736256602,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250107:nTUAB15BSR:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"event","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4023","BK4122","PRCH"],"gpt_icon":0},{"id":"2501520433","title":"Porch Group Completes Formation of Porch Insurance Reciprocal Exchange and Corresponding Sale of Homeowners of America Insurance Company","url":"https://stock-news.laohu8.com/highlight/detail?id=2501520433","media":"Business Wire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2501520433?lang=en_us&edition=fundamental","pubTime":"2025-01-07 21:30","pubTimestamp":1736256600,"startTime":"0","endTime":"0","summary":"SEATTLE, January 07, 2025----Porch Group, Inc.  , a homeowners insurance and vertical software platform, today announced the completed formation of the Porch Insurance Reciprocal Exchange  and sale of Homeowners of America Insurance Company  to PIRE.The final terms of the transaction were consistent with expectations, with Porch selling HOA to PIRE for a purchase price equal to HOA’s December 31, 2024 expected surplus1 of approximately $105 million, less the existing 2023 surplus note of $49 million and less $9 million of outstanding interest expected to be paid in 2025. This brings the total surplus notes2 held by Porch to approximately $106 million. With this transaction now complete, going forward all insurance policies, premium and related claims, as well as all HOA assets and liabilities will be owned by PIRE. Porch Group will receive commissions and fees for providing operating and other services to PIRE, which is expected to deliver more predictable and higher-margin financial r","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/porch-group-completes-formation-porch-133000562.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4122","PRCH","BK4023"],"gpt_icon":0},{"id":"2501280422","title":"Investing in Porch Group (NASDAQ:PRCH) a year ago would have delivered you a 64% gain","url":"https://stock-news.laohu8.com/highlight/detail?id=2501280422","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2501280422?lang=en_us&edition=fundamental","pubTime":"2025-01-06 19:26","pubTimestamp":1736162813,"startTime":"0","endTime":"0","summary":"These days it's easy to simply buy an index fund, and your returns should  match the market. But investors can boost returns by picking market-beating companies to own shares in. For example, the Porch Group, Inc.  share price is up 64% in the last 1 year, clearly besting the market return of around 26% . That's a solid performance by our standards!On the other hand, longer term shareholders have had a tougher run, with the stock falling 60% in three years.Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns.Over the last twelve months, Porch Group's revenue grew by 19%. That's a fairly respectable growth rate. Buyers pushed the share price 64% in response, which isn't unreasonable. If revenue stays on trend, there may be plenty more share price gains to come. But it's crucial to check profitability and cash flow before forming a view on the future.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/investing-porch-group-nasdaq-prch-112653999.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["NQmain","USJW.SI","IE00BKPKM429.USD","NVIW.SI","NDAQ","MNQmain","BK4122","PRCH",".IXIC","IE00B64PRP62.GBP","TSYW.SI","BK4023","LU2210149790.SGD","BK4112","IE00B3QW5Z07.USD","QLD","USAW.SI","IE00BGHQF748.EUR","PSQ","LU2210150020.SGD","LU2095319765.USD","QID","SQQQ","BK4585","BK4588","TQQQ"],"gpt_icon":1},{"id":"2492179360","title":"Porch Group Launches MovingPlace, a One-Stop Marketplace for Moving Services","url":"https://stock-news.laohu8.com/highlight/detail?id=2492179360","media":"Business Wire","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492179360?lang=en_us&edition=fundamental","pubTime":"2024-12-19 21:30","pubTimestamp":1734615000,"startTime":"0","endTime":"0","summary":"MovingPlace simplifies the moving process by helping consumers research, compare, and book the moving company that's best suited to their unique needs, all in a simple digital experience. This solution saves customers hours they've previously been spending calling multiple companies to compare quotes. In 2025, MovingPlace will expand to include other services customers need to build their perfect move, such as supplies, packing and storage. Eventually, MovingPlace will incorporate the rest of the moving services a homebuyer needs such as insurance, warranty, TV/internet, and security.\"We see a significant opportunity with MovingPlace to solve multiple customer pain points throughout the moving process, grow our business, and bring new innovation to the moving industry,\" said Nicolas Graham, SVP and Group GM, Moving. \"Porch’s ability to identify and target homebuyers early allows MovingPlace to focus its marketing efforts toward the most relevant consumers. This launch supports our broa","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/ostgPz1BF8J7BV4ecFd1pQ--~B/aD0yNTQ7dz00ODA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/business-wire.com/1053c121c86f4f6be5cc5c83dd373f0a","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/ostgPz1BF8J7BV4ecFd1pQ--~B/aD0yNTQ7dz00ODA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/business-wire.com/1053c121c86f4f6be5cc5c83dd373f0a"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/porch-group-launches-movingplace-one-133000354.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["PRCH","BK4122","BK4023"],"gpt_icon":0},{"id":"2492950077","title":"Porch Group Releases its 2024 ESG Report","url":"https://stock-news.laohu8.com/highlight/detail?id=2492950077","media":"Business Wire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492950077?lang=en_us&edition=fundamental","pubTime":"2024-12-17 21:30","pubTimestamp":1734442200,"startTime":"0","endTime":"0","summary":"SEATTLE, December 17, 2024----Porch Group, Inc.  , a homeowners insurance and vertical software platform, is proud to announce the release of its second Environmental, Social, and Governance  Report. The report showcases the company’s commitment to fostering sustainability, diversity, and innovation to help drive business profitability.This year’s ESG report highlights key achievements across areas such as Diversity, Equity, & Inclusion , employee experience, risk management, and cybersecurity. It also outlines goals for 2025 and beyond, reinforcing Porch’s dedication to continuous improvement and sustainable business practices.Achieved \"Great Place to Work\" certification for the third consecutive year. The full report is available on the Porch Group website at ir.porchgroup.com.Porch Group, Inc.,  is a homeowners insurance and vertical software platform. Porch's strategy to win in homeowners insurance is to leverage unique data for advantaged underwriting, provide the best services fo","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/YclnPf_ZdUCsS4jE_aok5g--~B/aD0yNTQ7dz00ODA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/business-wire.com/d91930ef247791cf02fd713f5a8f173f","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/YclnPf_ZdUCsS4jE_aok5g--~B/aD0yNTQ7dz00ODA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/business-wire.com/d91930ef247791cf02fd713f5a8f173f"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/porch-group-releases-2024-esg-133000507.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["PRCH","ESG","BK4223","BK4194","BK4023","BK4122","DEI"],"gpt_icon":0},{"id":"2490077539","title":"Oppenheimer Adjusts Porch Group Price Target to $7 From $4, Maintains Outperform Rating","url":"https://stock-news.laohu8.com/highlight/detail?id=2490077539","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490077539?lang=en_us&edition=fundamental","pubTime":"2024-12-09 22:35","pubTimestamp":1733754958,"startTime":"0","endTime":"0","summary":"Porch Group (PRCH) has an average rating of overweight and mean price target of $6.08, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research from major b","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["OPY","PRCH"],"gpt_icon":0},{"id":"2490727443","title":"Porch Group Coverage Assumed by Loop Capital at Hold","url":"https://stock-news.laohu8.com/highlight/detail?id=2490727443","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490727443?lang=en_us&edition=fundamental","pubTime":"2024-12-09 21:47","pubTimestamp":1733752020,"startTime":"0","endTime":"0","summary":"Ratings actions from Benzinga: https://www.benzinga.com/quote/PRCH/analyst-ratings \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 09, 2024 08:47 ET (13:47 GMT)","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PRCH","BK4023","BK4122"],"gpt_icon":0},{"id":"2490872220","title":"Press Release: Porch Group Reiterates $32m Q4'24 Adj EBITDA(1) Guidance and Shares Investor Day Highlights","url":"https://stock-news.laohu8.com/highlight/detail?id=2490872220","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490872220?lang=en_us&edition=fundamental","pubTime":"2024-12-09 21:30","pubTimestamp":1733751000,"startTime":"0","endTime":"0","summary":"Porch Group, Inc.  , a homeowners insurance and vertical software platform, held its Investor Day on December 5, 2024 where it reiterated Q4 and full year 2024 Adjusted EBITDA guidance and provided deeper insights into its transformative strategy to position itself as 'A New Kind of Homeowners Insurance Company.'. Porch announced it is on track to achieve or exceed the guidance mid-point of $32 million of Adjusted EBITDA in Q4 2024, as provided in the Q3 2024 earnings release in November. Additionally, Porch shared that its insurance carrier Homeowners of America  is expected to end 2024 with a surplus in excess of the $100 million previously communicated.The upcoming launch of the member-owned Porch Insurance Reciprocal Exchange  and sale of HOA to PIRE, expected on or about January 1, 2025, marks a significant milestone for Porch Group. Under the Reciprocal model, Porch expects to significantly increase the gross margins and Adjusted EBITDA margins of its insurance operations, genera","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4122","PRCH","BK4023","CFA.SI"],"gpt_icon":0},{"id":"2489235283","title":"Porch Group price target raised to $8 from $4 at Craig-Hallum","url":"https://stock-news.laohu8.com/highlight/detail?id=2489235283","media":"TIPRANKS","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2489235283?lang=en_us&edition=fundamental","pubTime":"2024-12-06 22:14","pubTimestamp":1733494440,"startTime":"0","endTime":"0","summary":"Craig-Hallum raised the firm’s price target on Porch Group (PRCH) to $8 from $4 and keeps a Buy rating on the shares. At its recent investor event,...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/porch-group-price-target-raised-to-8-from-4-at-craig-hallum?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/porch-group-price-target-raised-to-8-from-4-at-craig-hallum?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["PRCH","BK4122","BK4023"],"gpt_icon":0},{"id":"2489281743","title":"Porch Group, Inc.  : Craig-Hallum  Raises Target Price to $8 From $4","url":"https://stock-news.laohu8.com/highlight/detail?id=2489281743","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2489281743?lang=en_us&edition=fundamental","pubTime":"2024-12-06 20:32","pubTimestamp":1733488322,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241206:nAZN2RN02C:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["PRCH","BK4122","BK4023"],"gpt_icon":0},{"id":"2488216209","title":"Porch Group EBITDA targets ‘seem aggressive,’ says Keefe Bruyette","url":"https://stock-news.laohu8.com/highlight/detail?id=2488216209","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2488216209?lang=en_us&edition=fundamental","pubTime":"2024-12-04 02:10","pubTimestamp":1733249410,"startTime":"0","endTime":"0","summary":"Keefe Bruyette keeps a Market Perform rating on Porch Group (PRCH) with a $3.50 price target after the company provided financial targets for 2025 ...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/porch-group-ebitda-targets-seem-aggressive-says-keefe-bruyette?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/porch-group-ebitda-targets-seem-aggressive-says-keefe-bruyette?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["PRCH","BK4122","BK4023"],"gpt_icon":0},{"id":"2488941511","title":"Porch Group Shares Surge Following Higher-Then-Expected Financial Targets","url":"https://stock-news.laohu8.com/highlight/detail?id=2488941511","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2488941511?lang=en_us&edition=fundamental","pubTime":"2024-12-03 23:14","pubTimestamp":1733238840,"startTime":"0","endTime":"0","summary":"Shares of Porch Group jumped after the company shared higher-than-expected financial targets ahead of its Investor Day conference, scheduled for Thursday morning.The stock was up 22%, to $4.60, Tuesday morning. Shares have gained nearly 50% since the beginning of the year.The Seattle homeowners insurance company projected adjusted Ebitda, or earnings before interest, taxes, depreciation and amortization, of $50 million next year, as well as adjusted Ebitda of $100 million in 2026.Analysts are expecting adjusted Ebitda of $25.3 million and $31.3 million in 2025 and 2026, respectively, according to FactSet.Chief Executive Matt Erlichman said he believes the company has reached an inflection point, set to post sustained growth, increased profits and value creation for shareholders moving forward. The conference will also cover topics including the operations of Porch's new insurance services segment, details of the company's businesses and future opportunities for its data unit, the compa","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4023","BK4122","PRCH"],"gpt_icon":0},{"id":"2488891768","title":"Porch Group’s Investor Day to Highlight 2026 $100M Adj Ebitda Target(1,2)","url":"https://stock-news.laohu8.com/highlight/detail?id=2488891768","media":"THOMSON 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