FY2026 EPS Estimates for PCT Boosted by Northland Securities

Key Points

• Northland Securities raised its FY2026 EPS estimate for PureCycle Technologies to ($1.06) from ($1.18), which is still better than the broader consensus estimate of ($0.93) per share.
• PureCycle recently reported quarterly EPS of ($0.21), beating expectations by $0.05, and revenue of $4.13 million also came in above analyst estimates.
• Analyst sentiment remains mixed: the stock has a Moderate Buy consensus rating with an average price target of $12.00, while some firms have recently cut targets or downgraded the shares.

PureCycle Technologies, Inc. (NASDAQ:PCT - Free Report) - Analysts at Northland Securities increased their FY2026 earnings per share estimates for PureCycle Technologies in a research report issued on Thursday, May 7th. Northland Securities analyst J. Grampp now forecasts that the company will post earnings per share of ($1.06) for the year, up from their prior forecast of ($1.18). The consensus estimate for PureCycle Technologies' current full-year earnings is ($0.93) per share. Northland Securities also issued estimates for PureCycle Technologies' Q4 2026 earnings at ($0.27) EPS and FY2027 earnings at ($0.77) EPS.

PureCycle Technologies (NASDAQ:PCT - Get Free Report) last posted its earnings results on Wednesday, May 6th. The company reported ($0.21) earnings per share for the quarter, beating analysts' consensus estimates of ($0.26) by $0.05. PureCycle Technologies had a negative return on equity of 393.01% and a negative net margin of 2,062.36%.The company had revenue of $4.13 million for the quarter, compared to analyst estimates of $3.83 million.

PCT has been the topic of a number of other research reports. Wall Street Zen lowered PureCycle Technologies from a "sell" rating to a "strong sell" rating in a report on Sunday. Cantor Fitzgerald dropped their target price on PureCycle Technologies from $16.00 to $14.00 and set an "overweight" rating on the stock in a report on Friday, February 27th. TD Cowen dropped their target price on PureCycle Technologies from $7.00 to $6.00 and set a "hold" rating on the stock in a report on Friday. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of PureCycle Technologies in a report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $12.00.

PureCycle Technologies Price Performance

PCT stock opened at $9.53 on Monday. PureCycle Technologies has a twelve month low of $4.93 and a twelve month high of $17.37. The company has a quick ratio of 1.57, a current ratio of 1.71 and a debt-to-equity ratio of 47.59. The stock's 50 day moving average is $6.30 and its 200-day moving average is $8.58. The firm has a market capitalization of $1.72 billion, a PE ratio of -6.48 and a beta of 2.31.

Institutional Trading of PureCycle Technologies

Hedge funds have recently bought and sold shares of the business. Hohimer Wealth Management LLC bought a new stake in PureCycle Technologies during the third quarter worth $6,452,000. SWS Partners lifted its holdings in PureCycle Technologies by 31.9% during the fourth quarter. SWS Partners now owns 988,463 shares of the company's stock worth $8,491,000 after acquiring an additional 238,947 shares during the period. Fiscal Wisdom Wealth Management LLC bought a new stake in PureCycle Technologies during the third quarter worth $2,798,000. Principal Financial Group Inc. bought a new stake in PureCycle Technologies during the third quarter worth $890,000. Finally, First National Bank of Omaha bought a new stake in PureCycle Technologies during the third quarter worth $2,684,000. 63.01% of the stock is currently owned by institutional investors.

PureCycle Technologies Company Profile

PureCycle Technologies, Inc operates as a recycling technology company focused on restoring waste polypropylene to a “virgin-like” state through a proprietary purification process licensed from Procter & Gamble. The company develops, owns and operates recycling facilities that convert used polypropylene feedstock—such as packaging and industrial plastics—into ultra‐pure recycled resin. This resin, known as Qualified Recycled Polymer (QRP), is designed to meet stringent quality specifications for applications in packaging, consumer goods and industrial products.

Headquartered in Orlando, Florida, PureCycle was established with technology development efforts dating back to licensing agreements in the mid-2010s and later spun off as a publicly traded entity in 2021.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.