PureCycle Technologies (NASDAQ:PCT) Trading Down 7.7% – What’s Next?

Posted by George Bondi on Sep 12th, 2026

PureCycle Technologies, Inc. (NASDAQ:PCT – Get Free Report) shares fell 7.7% during mid-day trading on Thursday . The company traded as low as $5.81 and last traded at $5.7850. Approximately 3,740,678 shares traded hands during mid-day trading, a decline of 21% from the average daily volume of 4,713,980 shares. The stock had previously closed at $6.27.

Wall Street Analysts Forecast Growth

Several research firms have commented on PCT. Northland Securities set a $13.00 target price on shares of PureCycle Technologies in a research report on Friday, June 12th. Alembic Global Advisors set a $16.00 target price on shares of PureCycle Technologies in a research report on Tuesday, June 16th. Cantor Fitzgerald cut their price objective on PureCycle Technologies from $14.00 to $12.00 and set an “overweight” rating on the stock in a research note on Friday, August 7th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of PureCycle Technologies in a research note on Wednesday, September 2nd. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $11.75.

Read Our Latest Research Report on PureCycle Technologies

PureCycle Technologies Stock Up 3.3%

The firm’s 50 day simple moving average is $6.66 and its two-hundred day simple moving average is $7.61. The company has a current ratio of 2.60, a quick ratio of 2.42 and a debt-to-equity ratio of 27.37. The firm has a market cap of $1.21 billion, a price-to-earnings ratio of -4.12 and a beta of 2.57.

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

Insider Transactions at PureCycle Technologies

In other news, Director Fernando Musa bought 15,479 shares of the stock in a transaction on Friday, September 4th. The shares were bought at an average price of $6.38 per share, with a total value of $98,756.02. Following the completion of the acquisition, the director owned 175,983 shares in the company, valued at $1,122,771.54. The trade was a 9.64% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 18.80% of the company’s stock.

Institutional Investors Weigh In On PureCycle Technologies

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Cassaday & Co Wealth Management LLC acquired a new stake in PureCycle Technologies in the 1st quarter worth about $33,000. Larson Financial Group LLC raised its holdings in PureCycle Technologies by 6,571.8% during the third quarter. Larson Financial Group LLC now owns 2,602 shares of the company’s stock worth $34,000 after purchasing an additional 2,563 shares in the last quarter. Advisory Services Network LLC acquired a new position in shares of PureCycle Technologies during the 3rd quarter worth $35,000. SHP Wealth Management acquired a new stake in shares of PureCycle Technologies during the fourth quarter worth $43,000. Finally, Sigma Planning Corp acquired a new stake in shares of PureCycle Technologies in the first quarter worth $53,000. 63.01% of the stock is currently owned by institutional investors and hedge funds.

About PureCycle Technologies

(Get Free Report)

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.