PureCycle Technologies, Inc. (PCT)

PureCycle Technologies Stock Forecast

Stock Price Forecast

The 4 analysts that cover PureCycle Technologies stock have a consensus rating of "Strong Buy" and an average price target of $12.5, which forecasts a -11.91% decrease in the stock price over the next year. The lowest target is $6 and the highest is $15.

Price Target: $12.5 (-11.91%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$6.00	$12.5	$15	$15
Change	-57.72%	-11.91%	+5.71%	+5.71%

* Price targets were last updated on Nov 20, 2024.

Analyst Ratings

The average analyst rating for PureCycle Technologies stock 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	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	2	2	2	2	2	2
Buy	1	1	1	1	1	1
Hold	2	2	2	2	2	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	5	5	5	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Thomas Boyes TD Cowen	TD Cowen	Strong Buy Maintains $10 → $15	Strong Buy	Maintains	$10 → $15	+5.71%	Nov 20, 2024
Andres Sheppard Cantor Fitzgerald	Cantor Fitzgerald	Buy Reiterates $14	Buy	Reiterates	$14	-1.34%	Nov 19, 2024
Michael Hoffman Stifel	Stifel	Strong Buy Maintains $8 → $15	Strong Buy	Maintains	$8 → $15	+5.71%	Nov 12, 2024
Andres Sheppard Cantor Fitzgerald	Cantor Fitzgerald	Buy Initiates $14	Buy	Initiates	$14	-1.34%	Oct 18, 2024
Michael Hoffman Stifel	Stifel	Strong Buy Maintains $7 → $8	Strong Buy	Maintains	$7 → $8	-43.62%	Aug 12, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.16B

from 1.16B

Revenue Next Year

1.47B

Increased by 26.46%

from 1.16B

EPS This Year

-0.72

from -1.75

EPS Next Year

-0.60

from -0.72

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	FY 2027	FY 2028	FY 2028	FY 2029	FY 2029
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027	Dec 31, 2027	Dec 31, 2028	Dec 31, 2028	Dec 31, 2029	Dec 31, 2029
Revenue	38.38M	129.11M	311.95M	713.51M	1.16B	1.16B	1.47B	1.47B
Revenue Growth	-	236.44%	141.62%	128.73%	63.14%	-	26.46%	-
EPS	-1.96	-0.79	-0.55	-0.63	-1.75	-0.72	-0.60	-0.41
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	5	5	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	52.9M	141.9M	937.7M
Avg	38.4M	129.1M	713.5M
Low	31.1M	111.1M	509.5M

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	-95.5%	269.7%	626.2%
Avg	-96.7%	236.4%	452.6%
Low	-97.3%	189.6%	294.6%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	-0.51	-0.38	-0.53
Avg	-0.72	-0.60	-0.51
Low	-0.91	-1.00	-0.49

EPS Growth

EPS Growth	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.