PureCycle Technologies, Inc. (PCT)
NASDAQ: PCT · IEX Real-Time Price · USD
5.74
+0.19 (3.33%)
Feb 26, 2024, 12:56 PM EST - Market open

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 -24.50% from the current stock price of 5.74.

Analyst Consensus: Buy
Target Low Average Median High
Price $3.00 $4.33 $4.00 $6.00
Change -47.69% -24.50% -30.25% +4.62%
* 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 Sep '23Oct '23Nov '23Dec '23Jan '24Feb '24
Strong Buy 222111
Buy 221000
Hold 001233
Sell 000000
Strong Sell 000000
Total 444344

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Craig-Hallum
Craig-Hallum
Hold
Downgrades
$4
Hold Downgrades $4 -30.25% Jan 3, 2024
Roth MKM
Roth MKM
Hold
Downgrades
$6$3
Hold Downgrades $6$3 -47.69% Dec 19, 2023
Stifel
Stifel
Strong Buy
Maintains
$15$6
Strong Buy Maintains $15$6 +4.62% Nov 10, 2023
Oppenheimer
Oppenheimer
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Nov 9, 2023
Roth MKM
Roth MKM
Strong Buy
Reiterates
$13
Strong Buy Reiterates $13 +117.96% Sep 14, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
50.70M
Revenue Next Year
2.20M
from 50.70M
Decreased by -95.66%
EPS This Year
-0.52
from -0.54
EPS Next Year
-0.73
from -0.52
Year 2019202020212022202320232024202420252025202620262027202720282028
Revenue
----50.70M2.20M248.23M103.76M145.73M525.88M456.28M456.28M948.39M948.39M1.29B1.29B
Revenue Growth
------95.66%11,183.18%-58.20%40.45%260.86%-13.23%-107.85%-35.91%-
EPS
-8.42-1.96-0.75-0.54-0.52-0.73-0.56-0.41-0.38-0.02-0.39-0.39----
EPS Growth
----------------
No. Analysts ----775755332222
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202320242025202620272028
High 8.4M 122.1M 611.0M 770.9M 986.0M 1.3B
Avg 2.2M 103.8M 525.9M 456.3M 948.4M 1.3B
Low n/a 79.9M 437.7M 197.1M 920.2M 1.3B

Revenue Growth

Revenue Growth 202320242025202620272028
High -
5,451.4%
488.9%
46.6%
116.1%
41.3%
Avg -
4,616.4%
406.8%
-13.2%
107.9%
35.9%
Low -
3,530.5%
321.8%
-62.5%
101.7%
31.8%

EPS Forecast

EPS 2023202420252026
High -0.65 -0.16 0.43 -0.21
Avg -0.73 -0.41 -0.02 -0.39
Low -0.76 -0.71 -0.48 -0.57

EPS Growth

EPS Growth 2023202420252026
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.