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Porch Stock: Expanding Insurance Data Platform Positions It For Growth (NASDAQ:PRCH)
- Porch Group expands its insurance data platform, boosting underwriting precision and risk segmentation.
- The Home Factors platform now covers 90% of U.S. homes with 100+ attributes.
- Profitability is improving even as revenue growth remains flat.
- Analysts highlight low price-to-sales ratio versus peers as a potential entry point.
- Key risks include data accuracy reliance and AI-driven underwriting execution risk.
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