Cantor Fitzgerald Cuts PureCycle Technologies (NASDAQ:PCT) Price Target to $14.00

PureCycle Technologies (NASDAQ:PCT) had its price target cut by Cantor Fitzgerald from $16.00 to $14.00 in a report issued on Friday,Benzinga reports. They currently have an overweight rating on the stock.

Several other research firms also recently commented on PCT. Weiss Ratings reissued a “sell (d-)” rating on shares of PureCycle Technologies in a report on Thursday, January 22nd. TD Cowen reiterated a “hold” rating and issued a $9.00 target price (down from $16.00) on shares of PureCycle Technologies in a research report on Monday, November 24th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned 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 an average rating of “Moderate Buy” and a consensus target price of $13.00.

PureCycle Technologies Trading Down 22.3%

Shares of PCT opened at $6.31 on Friday. The firm has a market cap of $1.14 billion, a P/E ratio of -5.21 and a beta of 2.07. The company has a debt-to-equity ratio of 7.62, a current ratio of 2.26 and a quick ratio of 2.15. PureCycle Technologies has a 1 year low of $5.40 and a 1 year high of $17.37. The company has a 50 day simple moving average of $9.66 and a two-hundred day simple moving average of $11.02.

PureCycle Technologies (NASDAQ:PCT) last issued its earnings results on Thursday, February 26th. The company reported ($0.42) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.17). The company had revenue of $2.70 million for the quarter, compared to the consensus estimate of $6.37 million. PureCycle Technologies had a negative return on equity of 204.74% and a negative net margin of 2,185.10%. On average, equities analysts expect that PureCycle Technologies will post -1.01 earnings per share for the current fiscal year.

Institutional Trading of PureCycle Technologies

A number of hedge funds have recently bought and sold shares of the stock. Appian Way Asset Management LP boosted its stake in PureCycle Technologies by 1.4% in the third quarter. Appian Way Asset Management LP now owns 4,315,655 shares of the company’s stock valued at $56,751,000 after acquiring an additional 59,676 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of PureCycle Technologies by 2.2% during the 2nd quarter. Geode Capital Management LLC now owns 3,391,126 shares of the company’s stock valued at $46,465,000 after purchasing an additional 71,401 shares during the last quarter. Gladstone Institutional Advisory LLC boosted its position in shares of PureCycle Technologies by 1.4% in the 3rd quarter. Gladstone Institutional Advisory LLC now owns 3,243,160 shares of the company’s stock worth $42,648,000 after purchasing an additional 44,817 shares in the last quarter. Simplify Asset Management Inc. boosted its position in shares of PureCycle Technologies by 227.4% in the 4th quarter. Simplify Asset Management Inc. now owns 1,933,564 shares of the company’s stock worth $16,609,000 after purchasing an additional 1,342,955 shares in the last quarter. Finally, Royal Bank of Canada grew its stake in PureCycle Technologies by 41.8% during the 4th quarter. Royal Bank of Canada now owns 1,671,756 shares of the company’s stock worth $14,361,000 after buying an additional 492,975 shares during the last quarter. Hedge funds and other institutional investors own 63.01% of the company’s stock.

Key Headlines Impacting PureCycle Technologies

Here are the key news stories impacting PureCycle Technologies this week:

• Positive Sentiment: Company outlined a 2026 commercial ramp with a pipeline of 170+ projects and expanded compounding capabilities — this supports future revenue growth and scale potential. PureCycle outlines 2026 commercial ramp with 170+ project pipeline and expanded compounding capabilities
• Positive Sentiment: Cantor Fitzgerald kept an “overweight” rating on PCT and lowered its price target from $16 to $14 — the cut is modest relative to the stock’s current price and keeps a sizable upside thesis intact. Cantor Fitzgerald lowers PT to $14 but keeps overweight
• Neutral Sentiment: Company filed its Q4 and FY2025 results and a corporate update with accompanying slide deck — the materials include operational detail and guidance context investors will parse for cadence of plant ramps and cash needs. PureCycle Technologies Reports Fourth Quarter Fiscal Year 2025 Results & Corporate Update
• Negative Sentiment: Q4 results disappointed: EPS of ($0.42) missed the consensus (-$0.25) and revenue ~$2.7M fell well short of the ~$6.4M estimate — the larger loss and weak top line created immediate downside pressure. PureCycle Reports Q4 Loss, Misses Revenue Estimates
• Negative Sentiment: High trading volume and intraday selling reflect investor concern about near-term cash flow and execution risk as the company ramps facilities — expect volatility until clearer production and revenue traction is demonstrated.

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.