Northland Securities Has Strong Outlook for PCT Q2 Earnings

PureCycle Technologies, Inc. (NASDAQ:PCT) – Research analysts at Northland Securities increased their Q2 2026 earnings per share estimates for shares of PureCycle Technologies in a research report issued to clients and investors on Friday, June 12th. Northland Securities analyst J. Grampp now expects that the company will post earnings of ($0.29) per share for the quarter, up from their previous 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.

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

PureCycle Technologies Trading Down 0.9%

Shares of PCT opened at $8.80 on Tuesday. The stock has a fifty day moving average price of $9.31 and a two-hundred day moving average price of $8.75. The company has a debt-to-equity ratio of 47.59, a quick ratio of 1.57 and a current ratio of 1.71. PureCycle Technologies has a 52-week low of $4.93 and a 52-week high of $17.37. The company has a market cap of $1.59 billion, a price-to-earnings ratio of -5.99 and a beta of 2.48.

PureCycle Technologies (NASDAQ:PCT) last announced its quarterly earnings results on Wednesday, May 6th. The company reported ($0.21) EPS for the quarter, beating 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 business had revenue of $4.13 million for the quarter, compared to analyst estimates of $3.83 million.

Hedge Funds Weigh In On PureCycle Technologies

Institutional investors have recently bought and sold shares of the business. NewEdge Advisors LLC raised its position in shares of PureCycle Technologies by 43.5% during the first quarter. NewEdge Advisors LLC now owns 169,323 shares of the company’s stock worth $879,000 after acquiring an additional 51,290 shares during the last quarter. California State Teachers Retirement System raised its position in shares of PureCycle Technologies by 43.2% during the first quarter. California State Teachers Retirement System now owns 181,015 shares of the company’s stock worth $939,000 after acquiring an additional 54,650 shares during the last quarter. Rokos Capital Management LLP bought a new stake in shares of PureCycle Technologies during the first quarter worth $7,526,000. Quantinno Capital Management LP raised its position in shares of PureCycle Technologies by 707.8% during the first quarter. Quantinno Capital Management LP now owns 428,534 shares of the company’s stock worth $2,224,000 after acquiring an additional 375,486 shares during the last quarter. Finally, Waverly Advisors LLC bought a new stake in shares of PureCycle Technologies during the first quarter worth $99,000. Institutional investors 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.