PureCycle Technologies, Inc. (PCT)
NASDAQ: PCT · Real-Time Price · USD
11.99
+0.32 (2.74%)
At close: Nov 20, 2024, 4:00 PM
11.91
-0.08 (-0.67%)
Pre-market: Nov 21, 2024, 7:00 AM EST
PureCycle Technologies Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for PCT stock have an average target of 10.6, with a low estimate of 3.00 and a high estimate of 15. The average target predicts a decrease of -11.59% from the current stock price of 11.99.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PCT stock from 5 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 3 | 3 | 3 | 3 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 6 | 5 |
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 | +25.10% | Nov 20, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $14 | Buy | Reiterates | $14 | +16.76% | Nov 19, 2024 |
| Stifel | Stifel | Strong Buy Maintains $8 → $15 | Strong Buy | Maintains | $8 → $15 | +25.10% | Nov 12, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Initiates $14 | Buy | Initiates | $14 | +16.76% | Oct 18, 2024 |
| Stifel | Stifel | Strong Buy Maintains $7 → $8 | Strong Buy | Maintains | $7 → $8 | -33.28% | Aug 12, 2024 |
Financial Forecast
Revenue This Year
19.81M
Revenue Next Year
122.29M
from 19.81M
Increased by 517.44%
EPS This Year
-1.21
from -0.63
EPS Next Year
-0.57
from -1.21
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 34.1M | 190.5M | 594.3M | ||
| Avg | 19.8M | 122.3M | 281.2M | ||
| Low | 6.8M | 92.9M | 139.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 861.7% | 386.0% | ||
| Avg | - | 517.4% | 129.9% | ||
| Low | - | 369.1% | 14.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.10 | -0.32 | -0.15 |
| Avg | -1.21 | -0.57 | -0.39 |
| Low | -1.30 | -0.74 | -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.