PRCH Stock Recent News

SEATTLE--(BUSINESS WIRE)--Porch Group Announces New Insurance Agency Partnerships.

SEATTLE--(BUSINESS WIRE)--Porch Group Repurchases Additional $8.9m Unsecured 2026 Notes for $8.5m of Cash.

SEATTLE--(BUSINESS WIRE)--Porch Group Announces Closing of Transaction Retiring Majority of 2026 Unsecured Notes.

SEATTLE--(BUSINESS WIRE)--Porch Group Announces Retirement of Majority of 2026 Unsecured Convertible Notes.

SEATTLE--(BUSINESS WIRE)--Porch Group announces HOA ranked top performer per AM Best.

Porch Group, Inc.'s shift to a fee-based insurance model has driven record profitability, improved margins, and reduced underwriting risk, validating my earlier Buy rating. Q1 2025 results show strong operational execution: 86% gross profit growth, positive net income, and $27 million in operating cash flow. Despite macro headwinds and high debt, Porch's scalable platform and recurring high-margin revenue position PRCH stock for long-term growth and re-rating.

The market turbulence in 2025 has sent stocks zig-zagging up and down. Despite the unavoidable impact of political developments on share price performance, some companies have seen major gains based on a more traditional driver of motion: strong earnings reports.

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 million, Porch faces substantial operating losses, consistent cash burn, and a stretched balance sheet with over $400 million in long-term debt. Porch's valuation, with an EV/Revenue multiple of 3.1x, appears high given its flat year-over-year revenue growth compared to peers like Hippo and Lemonade.

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

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 Conference Call Participants Daniel Kurnos - Benchmark John Campbell - Stephens Inc. Jason Kreyer - Craig-Hallum Ryan Tomasello - KBW Jason Helfstein - Oppenheimer Tim Greaves - Loop Capital Operator Good afternoon, everyone, and thank you for participating in Porch Group's First Quarter 2025 Conference Call. Today, we issued our earnings release and filed our related Form 8-K with the SEC.