PureCycle Technologies, Inc. (PCT)
NASDAQ: PCT · Real-Time Price · USD
10.85
+0.48 (4.63%)
At close: Dec 20, 2024, 4:00 PM
11.30
+0.45 (4.13%)
After-hours: Dec 20, 2024, 6:11 PM EST
PureCycle Technologies Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for PCT stock have an average target of 12.5, with a low estimate of 6.00 and a high estimate of 15. The average target predicts an increase of 15.21% from the current stock price of 10.85.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 20, 2024.
Analyst Ratings
The average analyst rating for PCT stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 3 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 6 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Strong Buy Maintains $10 → $15 | Strong Buy | Maintains | $10 → $15 | +38.25% | Nov 20, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $14 | Buy | Reiterates | $14 | +29.03% | Nov 19, 2024 |
| Stifel | Stifel | Strong Buy Maintains $8 → $15 | Strong Buy | Maintains | $8 → $15 | +38.25% | Nov 12, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Initiates $14 | Buy | Initiates | $14 | +29.03% | Oct 18, 2024 |
| Stifel | Stifel | Strong Buy Maintains $7 → $8 | Strong Buy | Maintains | $7 → $8 | -26.27% | Aug 12, 2024 |
Financial Forecast
Revenue This Year
5.39M
Revenue Next Year
100.43M
from 5.39M
Increased by 1,762.92%
EPS This Year
-1.29
from -0.63
EPS Next Year
-0.60
from -1.29
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 11.6M | 121.8M | 266.7M | |||
| Avg | 5.4M | 100.4M | 201.3M | |||
| Low | 1.8M | 81.5M | 139.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | 2,159.3% | 165.6% | |||
| Avg | - | 1,762.9% | 100.4% | |||
| Low | - | 1,412.4% | 39.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -1.10 | -0.32 | -0.21 | |||
| Avg | -1.29 | -0.60 | -0.41 | |||
| Low | -1.58 | -0.91 | -0.57 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | - | - | |||
| Avg | - | - | - | |||
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.