PureCycle Technologies (PCT) Projected to Post Earnings on Wednesday

Key Points

• PureCycle Technologies is set to report Q1 2026 results after the market close on Wednesday, May 6, with analysts forecasting EPS of ($0.26) and revenue of $3.832 million; the earnings call is scheduled for 5:00 PM ET.
• In the prior quarter the company missed estimates—reporting ($0.42) EPS versus a ($0.25) consensus and $2.7 million in revenue versus $6.37 million expected—while exhibiting very large negative margins and returns, highlighting ongoing operational losses.
• The stock trades around $7.09 with a market cap near $1.28 billion, carries a consensus rating of "Moderate Buy" and a $13 average target despite recent price-target cuts, and is about 63% owned by institutional investors.

PureCycle Technologies (NASDAQ:PCT - Get Free Report) is anticipated to release its Q1 2026 results after the market closes on Wednesday, May 6th. Analysts expect PureCycle Technologies to post earnings of ($0.26) per share and revenue of $3.8320 million for the quarter. Interested persons may review the information on the company's upcoming Q1 2026 earning report for the latest details on the call scheduled for Wednesday, May 6, 2026 at 5:00 PM ET.

PureCycle Technologies (NASDAQ:PCT - Get Free Report) last released its quarterly earnings data on Thursday, February 26th. The company reported ($0.42) earnings per share for the quarter, missing the consensus estimate of ($0.25) by ($0.17). PureCycle Technologies had a negative net margin of 2,185.10% and a negative return on equity of 204.74%. The company had revenue of $2.70 million for the quarter, compared to analysts' expectations of $6.37 million. On average, analysts expect PureCycle Technologies to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

PureCycle Technologies Stock Down 2.6%

PCT opened at $7.09 on Wednesday. The company has a quick ratio of 2.15, a current ratio of 2.26 and a debt-to-equity ratio of 7.62. The firm has a 50 day moving average price of $6.41 and a 200-day moving average price of $8.80. PureCycle Technologies has a twelve month low of $4.93 and a twelve month high of $17.37. The stock has a market capitalization of $1.28 billion, a price-to-earnings ratio of -5.86 and a beta of 2.10.

Analyst Ratings Changes

Several research firms have recently weighed in on PCT. Cantor Fitzgerald decreased their price objective on shares of PureCycle Technologies from $16.00 to $14.00 and set an "overweight" rating for the company in a report on Friday, February 27th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of PureCycle Technologies in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $13.00.

Institutional Trading of PureCycle Technologies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PCT. Royal Bank of Canada increased its holdings in PureCycle Technologies by 62.4% during the first quarter. Royal Bank of Canada now owns 1,042,338 shares of the company's stock valued at $7,213,000 after buying an additional 400,520 shares during the last quarter. AQR Capital Management LLC increased its holdings in PureCycle Technologies by 67.9% during the first quarter. AQR Capital Management LLC now owns 20,963 shares of the company's stock valued at $145,000 after buying an additional 8,478 shares during the last quarter. Integrated Wealth Concepts LLC increased its holdings in PureCycle Technologies by 4.3% during the first quarter. Integrated Wealth Concepts LLC now owns 36,571 shares of the company's stock valued at $253,000 after buying an additional 1,516 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in PureCycle Technologies by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 73,249 shares of the company's stock valued at $507,000 after buying an additional 3,161 shares during the last quarter. Finally, Millennium Management LLC bought a new position in shares of PureCycle Technologies in the first quarter worth approximately $3,770,000. 63.01% of the stock is owned by hedge funds and other 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.

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