B. Riley raises target for Porch Group stock to USD 24.00
Published on 10/20/2026 at 19:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- B. Riley raised its Porch Group target from USD 21.00 to USD 24.00 on October 14, 2026.
- Porch Group reported Q2 2026 revenue of USD 141.00 million, up 12.00 percent year over year.
- Porch Group stock was trading at EUR 16.15 at Lang & Schwarz on October 20, 2026 at 7:34 p.m. CEST.
- Porch Group will report third-quarter 2026 results on October 28, 2026.
B. Riley analyst Timothy D'Agostino raised the firm's Porch Group target from USD 21.00 to USD 24.00 on October 14, 2026, while keeping a Buy rating, as reported by Markets Insider. Porch Group was trading at EUR 16.15 at Lang & Schwarz on October 20, 2026 at 7:34 p.m. CEST.
Revenue growth remains measurable
Porch's second-quarter 2026 consolidated revenue reached USD 141.00 million, up 12.00 percent from the prior-year quarter, according to the company's earnings-call transcript published by Gloom. Revenue excluding the reciprocal reached USD 132.00 million, a 23.00 percent year-over-year increase, while insurance services revenue rose 38.00 percent to USD 93.00 million.
Stock stays near its yearly high
On Nasdaq, Porch Group was last quoted at USD 18.15 on October 20, 2026 at 1:37 p.m. ET. Its same-session range was USD 17.62 to USD 18.33, and the 52-week range was USD 6.36 to USD 18.37. Trading volume reached 896,819 shares at that timestamp.
The company had a USD 2.1 billion market capitalization on October 20, 2026. Its trailing P/E was negative 143.36, reflecting negative trailing earnings, while the latest quarter in the financial series showed net income attributable to common shareholders of USD 5.60 million.
What date comes next?
Porch Group will report results for the quarter ended September 30, 2026, after the market closes on October 28, 2026, with a conference call at 5:00 p.m. ET, according to Business Wire. The scheduled release gives investors the next defined checkpoint for the revenue and insurance growth trends.
Porch Group against insurance peers
Porch Group: 2.83 percent daily gain in USD, trailing P/E negative 143.36, market capitalization USD 2.1 billion. Lemonade: 5.59 percent daily gain, trailing P/E negative 24.38, market capitalization USD 3.5 billion. Guidewire Software: 7.41 percent daily gain, trailing P/E 112.27, market capitalization USD 15.1 billion.
Targets and operating scale
B. Riley's USD 24.00 target is USD 5.85 above the Nasdaq quote of USD 18.15 on October 20, 2026, a 32.23 percent premium. Porch describes its business as a combination of homeowners insurance and vertical software serving home-service companies, according to its Porch Group investor-relations site.
Price and reporting calendar
The next scheduled result is the October 28, 2026 third-quarter release. Porch Group's Nasdaq quote was USD 18.15 on October 20, 2026, while the Lang & Schwarz euro quote was EUR 16.15 at 7:34 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Porch Group stock.
Porch Group stock facts
- Company: Porch Group, Inc.
- ISIN: US7332451043
- Ticker: PRCH
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 20, 2026, 7:34 p.m. CEST): EUR 16.15
- Market capitalization: USD 2.1 billion (as of October 20, 2026)
- 52-week range: USD 6.36-18.37 (as of October 20, 2026)
- Sector / Industry: Financial Services / Insurance - Property & Casualty
- Next earnings date: October 28, 2026
Market context: Market report S&P 500.
