--- title: "Porch Group Stock Jumps Over 18% After Hours: Here's Why" type: "News" locale: "en" url: "https://longbridge.com/en/news/294325970.md" description: "Porch Group (NASDAQ: PRCH) shares surged over 18% in after-hours trading following strong Q2 results. EPS beat estimates by 350%, revenue rose 12% to $140.9 million, and Adjusted EBITDA jumped 150%. The company raised full-year revenue and EBITDA guidance. Additionally, BlackRock disclosed a 7.2% stake in the firm." datetime: "2026-07-30T07:46:22.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294325970.md) - [en](https://longbridge.com/en/news/294325970.md) - [zh-HK](https://longbridge.com/zh-HK/news/294325970.md) generator: "portal-rs" --- # Porch Group Stock Jumps Over 18% After Hours: Here's Why **Porch Group Inc.** (NASDAQ:PRCH) shares rallied 18.61% to $14.66 in after-hours trading Wednesday after second-quarter earnings per share of $0.05 beat the analyst estimate of -$0.02 by 350%. ## Revenue and Profit Climb The Seattle-based vertical software and insurance company reported second-quarter revenue of $140.9 million for the period ended Jun. 30, up 12% year-over-year. This revenue topped the analyst expectation by 14.9%. Net income attributable to Porch was $5.6 million, while Adjusted EBITDA (Excluding Reciprocal) surged 150% year-over-year to $39.1 million. Insurance Services revenue jumped 38% to $92.9 million, with Reciprocal Policies Written also up 38% year-over-year. CEO **Matt Ehrlichman** said the quarter was “another clear proof point that the model is working,” adding that Porch is increasingly positioned for sustained profitability, a stronger balance sheet and disciplined premium growth over time. The company increased its full-year revenue guidance to a range of $506 million to $517 million, compared with the previous forecast of $495 million to $507 million. It also raised its adjusted EBITDA guidance to $119 million to $125 million, up from the earlier range of $103 million to $109 million. Alongside the reported data, in a Wednesday Securities and Exchange Commission filing, **BlackRock Inc.** (NYSE:BLK) disclosed a 7.2% stake in Porch Group, holding roughly 7.9 million shares as of Jun. 30. ## Trading Metrics, Technical Analysis Porch Group has a market capitalization of $1.35 billion, with a 52-week high of $19.44 and a 52-week low of $6.36. The stock has a Relative Strength Index (RSI) of 45.48. Over the past 12 months, PRCH’s share price has declined by 3.13%. Currently, the small-cap stock is positioned at 45.87% of its 52-week range, trading near the middle of its annual range. **Price Action:** The stock closed the regular session on Wednesday at $12.36, down 2.14%, according to Benzinga Pro. **Benzinga’s Edge Stock Rankings** indicate that PRCH has a positive price trend across all time frames. ***Disclaimer:*** *This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.* **Read Also: Nuwellis (NUWE) Stock Rallies 90% After Hours: Here's Why it is Trending** *Photo courtesy: Spyro the Dragon on Shutterstock.com* ### Related Stocks - [PRCH.US](https://longbridge.com/en/quote/PRCH.US.md) - [BLK.US](https://longbridge.com/en/quote/BLK.US.md) - [NUWE.US](https://longbridge.com/en/quote/NUWE.US.md) - [BTX.US](https://longbridge.com/en/quote/BTX.US.md) - [BIT.RT*.US](https://longbridge.com/en/quote/BIT.RT*.US.md) - [BDJ.US](https://longbridge.com/en/quote/BDJ.US.md) - [BSTZ.US](https://longbridge.com/en/quote/BSTZ.US.md) - [BIT.RT.US](https://longbridge.com/en/quote/BIT.RT.US.md) ## Related News & Research - [SCS Capital Management LLC Acquires New Holdings in BlackRock $BLK](https://longbridge.com/en/news/296085839.md) - [Jio-BlackRock to launch regular mutual fund plans through distributors in India](https://longbridge.com/en/news/296095350.md) - [Arrowstreet Capital Limited Partnership Invests $1.01 Million in Porch Group, Inc. $PRCH](https://longbridge.com/en/news/295192361.md) - [REG - BlackRock Group AEW UK REIT PLC - Form 8.3 - AEW UK REIT plc](https://longbridge.com/en/news/296369608.md) - [BlackRock cuts Gerdau preferred stake to 9.99%](https://longbridge.com/en/news/296401335.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**