PureCycle Technologies, Inc. (PCT)
NASDAQ: PCT · IEX Real-Time Price · USD
7.75
+0.28 (3.75%)
At close: Jul 26, 2024, 4:00 PM
7.70
-0.05 (-0.65%)
After-hours: Jul 26, 2024, 6:33 PM EDT
PureCycle Technologies Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for PCT stock have an average target of 5.38, with a low estimate of 3.00 and a high estimate of 7.50. The average target predicts a decrease of -30.58% from the current stock price of 7.75.
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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 2 | 2 |
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 | 5 | 5 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Stifel | Stifel | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | -9.68% | Jul 3, 2024 |
TD Cowen | TD Cowen | Strong Buy Maintains $6 → $7.5 | Strong Buy | Maintains | $6 → $7.5 | -3.23% | Jun 25, 2024 |
Craig-Hallum | Craig-Hallum | Strong Buy → Hold Downgrades $4 | Strong Buy → Hold | Downgrades | $4 | -48.39% | Jan 3, 2024 |
Roth MKM | Roth MKM | Strong Buy → Hold Downgrades $6 → $3 | Strong Buy → Hold | Downgrades | $6 → $3 | -61.29% | Dec 19, 2023 |
Stifel | Stifel | Strong Buy Maintains $15 → $6 | Strong Buy | Maintains | $15 → $6 | -22.58% | Nov 10, 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.