Northland Securities Has Strong Outlook for PCT Q2 Earnings

PureCycle Technologies, Inc. (NASDAQ:PCT) – Equities research analysts at Northland Securities lifted their Q2 2026 earnings per share estimates for shares of PureCycle Technologies in a research report issued on Friday, June 12th. Northland Securities analyst J. Grampp now anticipates that the company will post earnings per share of ($0.29) for the quarter, up from their prior forecast of ($0.31). The consensus estimate for PureCycle Technologies’ current full-year earnings is ($0.99) per share. Northland Securities also issued estimates for PureCycle Technologies’ Q3 2026 earnings at ($0.26) EPS, Q4 2026 earnings at ($0.23) EPS, FY2026 earnings at ($0.97) EPS and FY2027 earnings at ($0.74) EPS.

Other analysts have also issued research reports about the company. TD Cowen decreased their price objective on PureCycle Technologies from $7.00 to $6.00 and set a “hold” rating on the stock in a report on Friday, May 8th. Cantor Fitzgerald decreased their price objective on PureCycle Technologies from $16.00 to $14.00 and set an “overweight” rating on the stock in a report on Friday, February 27th. Weiss Ratings reissued a “sell (e+)” rating on shares of PureCycle Technologies in a report on Friday, June 5th. Finally, Wall Street Zen lowered PureCycle Technologies from a “sell” rating to a “strong sell” rating in a report on Sunday, May 10th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $11.00.

PureCycle Technologies Price Performance

Shares of NASDAQ:PCT opened at $8.80 on Tuesday. PureCycle Technologies has a 1-year low of $4.93 and a 1-year high of $17.37. The firm has a market capitalization of $1.59 billion, a PE ratio of -5.99 and a beta of 2.48. The business’s 50 day moving average is $9.31 and its 200-day moving average is $8.75. The company has a current ratio of 1.71, a quick ratio of 1.57 and a debt-to-equity ratio of 47.59.

PureCycle Technologies (NASDAQ:PCT) last announced its quarterly earnings data on Wednesday, May 6th. The company reported ($0.21) earnings per share for the quarter, topping the consensus estimate 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.

Institutional Trading of PureCycle Technologies

Several institutional investors 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 3rd quarter. Appian Way Asset Management LP now owns 4,315,655 shares of the company’s stock valued at $56,751,000 after buying an additional 59,676 shares in the last quarter. Geode Capital Management LLC boosted its stake in PureCycle Technologies by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 3,365,871 shares of the company’s stock valued at $28,918,000 after buying an additional 15,536 shares in the last quarter. Simplify Asset Management Inc. boosted its stake in PureCycle Technologies by 227.4% in the 4th quarter. Simplify Asset Management Inc. now owns 1,933,564 shares of the company’s stock valued at $16,609,000 after buying an additional 1,342,955 shares in the last quarter. Royal Bank of Canada boosted its stake in PureCycle Technologies by 41.8% in the 4th quarter. Royal Bank of Canada now owns 1,671,756 shares of the company’s stock valued at $14,361,000 after buying an additional 492,975 shares in the last quarter. Finally, Rokos Capital Management LLP acquired a new stake in PureCycle Technologies in the 1st quarter valued at $7,526,000. Institutional investors and hedge funds own 63.01% of the company’s stock.

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.