PureCycle Technologies (NASDAQ:PCT) Shares Climb 6.3% – Here’s What Happened

Posted by Brenda Bartman on Sep 25th, 2026

PureCycle Technologies, Inc. (NASDAQ:PCT – Get Free Report)’s stock price was up 6.3% on Friday. The stock traded as high as $5.08 and last traded at $5.1650. 1,688,025 shares changed hands during mid-day trading, a decline of 64% from the average daily volume of 4,712,249 shares. The stock had previously closed at $4.86.

Analyst Upgrades and Downgrades

PCT has been the topic of several research analyst reports. Alembic Global Advisors set a $16.00 target price on shares of PureCycle Technologies in a research note on Tuesday, June 16th. Cantor Fitzgerald decreased their price target on shares of PureCycle Technologies from $14.00 to $12.00 and set an “overweight” rating for the company in a research note on Friday, August 7th. Weiss Ratings reiterated a “sell (e+)” rating on shares of PureCycle Technologies in a report on Wednesday, September 2nd. Finally, Northland Securities set a $13.00 target price on PureCycle Technologies in a research note on Friday, June 12th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $11.75.

View Our Latest Research Report on PCT

PureCycle Technologies Stock Performance

The company has a debt-to-equity ratio of 27.37, a current ratio of 2.60 and a quick ratio of 2.42. The company has a fifty day moving average price of $6.38 and a 200 day moving average price of $7.52. The stock has a market cap of $1.02 billion, a P/E ratio of -3.48 and a beta of 2.57.

PureCycle Technologies (NASDAQ:PCT – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported ($0.80) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.51). PureCycle Technologies had a negative return on equity of 612.39% and a negative net margin of 1,618.84%.The firm had revenue of $4.51 million during the quarter, compared to the consensus estimate of $6.11 million. On average, equities analysts expect that PureCycle Technologies, Inc. will post -0.9 EPS for the current year.

Insiders Place Their Bets

In other PureCycle Technologies news, Director Fernando Musa acquired 15,479 shares of the company’s stock in a transaction on Friday, September 4th. The shares were purchased at an average cost of $6.38 per share, with a total value of $98,756.02. Following the completion of the purchase, the director owned 175,983 shares of the company’s stock, valued at approximately $1,122,771.54. This represents a 9.64% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 18.80% of the company’s stock.

Institutional Investors Weigh In On PureCycle Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the business. SHP Wealth Management acquired a new stake in shares of PureCycle Technologies in the 4th quarter worth about $43,000. Cassaday & Co Wealth Management LLC bought a new stake in PureCycle Technologies during the 1st quarter worth approximately $33,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in PureCycle Technologies during the 2nd quarter worth approximately $82,000. Sigma Planning Corp bought a new stake in PureCycle Technologies during the 1st quarter worth approximately $53,000. Finally, Carnegie Lake Advisors LLC purchased a new stake in shares of PureCycle Technologies in the fourth quarter worth approximately $94,000. 63.01% of the stock is owned by institutional investors.

PureCycle Technologies Company Profile

(Get Free Report)

PureCycle Technologies, Inc is a chemical recycling company that develops and operates technology designed to convert waste polypropylene plastic into recycled polypropylene resin. Unlike conventional mechanical recycling, which can leave behind colors, odors and other contaminants, PureCycle’s proprietary purification process is intended to separate impurities from polypropylene and produce a recycled material with properties similar to virgin resin.

The company’s products are recycled polypropylene pellets and related materials that can be used in applications such as packaging, consumer products, automotive components and other molded plastic goods.