PureCycle Technologies, Inc. (PCT)
NASDAQ: PCT · Real-Time Price · USD
8.49
-0.46 (-5.14%)
At close: Feb 4, 2025, 4:00 PM
8.55
+0.06 (0.71%)
After-hours: Feb 4, 2025, 7:59 PM EST
PureCycle Technologies Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for PureCycle Technologies 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 47.23% from the current stock price of 8.49.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 20, 2024.
Analyst Ratings
The average analyst rating for PureCycle Technologies 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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 6 | 5 | 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 | +76.68% | Nov 20, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $14 | Buy | Reiterates | $14 | +64.90% | Nov 19, 2024 |
| Stifel | Stifel | Strong Buy Maintains $8 → $15 | Strong Buy | Maintains | $8 → $15 | +76.68% | Nov 12, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Initiates $14 | Buy | Initiates | $14 | +64.90% | Oct 18, 2024 |
| Stifel | Stifel | Strong Buy Maintains $7 → $8 | Strong Buy | Maintains | $7 → $8 | -5.77% | Aug 12, 2024 |
Financial Forecast
Revenue This Year
4.90M
Revenue Next Year
94.26M
from 4.90M
Increased by 1,823.98%
EPS This Year
-1.61
from -0.63
EPS Next Year
-0.71
from -1.61
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 6.3M | 121.8M | 240.5M | |||
| Avg | 4.9M | 94.3M | 182.8M | |||
| Low | 3.9M | 71.4M | 139.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | 2,386.2% | 155.2% | |||
| Avg | - | 1,824.0% | 94.0% | |||
| Low | - | 1,358.3% | 48.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -1.59 | -0.57 | -0.21 | |||
| Avg | -1.61 | -0.71 | -0.41 | |||
| Low | -1.62 | -0.94 | -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.