PureCycle Technologies, Inc. (PCT)
NASDAQ: PCT · IEX Real-Time Price · USD
5.71
-0.12 (-2.06%)
At close: Jul 2, 2024, 4:00 PM
5.47
-0.24 (-4.20%)
After-hours: Jul 2, 2024, 7:40 PM EDT
PureCycle Technologies Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for PCT stock have an average target of 4.33, with a low estimate of 3.00 and a high estimate of 6.00. The average target predicts a decrease of -24.17% from the current stock price of 5.71.
Analyst Consensus: Buy
* Price targets were last updated on Jan 3, 2024.
Analyst Ratings
The average analyst rating for PCT stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Strong Buy → Hold Downgrades $4 | Strong Buy → Hold | Downgrades | $4 | -29.95% | Jan 3, 2024 |
| Roth MKM | Roth MKM | Strong Buy → Hold Downgrades $6 → $3 | Strong Buy → Hold | Downgrades | $6 → $3 | -47.46% | Dec 19, 2023 |
| Stifel | Stifel | Strong Buy Maintains $15 → $6 | Strong Buy | Maintains | $15 → $6 | +5.08% | Nov 10, 2023 |
| Oppenheimer | Oppenheimer | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Nov 9, 2023 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $13 | Strong Buy | Reiterates | $13 | +118.91% | Sep 14, 2023 |
Financial Forecast
Revenue This Year
248.23M
Revenue Next Year
34.90M
from 248.23M
Decreased by -85.94%
EPS This Year
-0.56
from -0.63
EPS Next Year
-0.78
from -0.56
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 38.4M | 611.0M | 770.9M | 1.1B | 1.4B |
| Avg | 34.9M | 525.9M | 456.3M | 1.0B | 1.3B |
| Low | 31.9M | 437.7M | 197.1M | 996.7M | 1.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 1,650.9% | 46.6% | 134.1% | 35.2% |
| Avg | - | 1,407.0% | -13.2% | 125.1% | 30.1% |
| Low | - | 1,154.2% | -62.5% | 118.4% | 26.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.16 | 0.43 | -0.21 |
| Avg | -0.78 | -0.02 | -0.39 |
| Low | -1.07 | -0.48 | -0.57 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.