TD Cowen slashes price target on PureCycle Technologies Inc [PCT] – find out why.

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PureCycle Technologies Inc [NASDAQ: PCT] stock went on an upward path that rose over 5.85% on Thursday, amounting to a one-week price increase of more than 14.97%.

Over the last 12 months, PCT stock rose by 64.39%. The one-year PureCycle Technologies Inc stock forecast points to a potential upside of 28.85. The average equity rating for PCT stock is currently 1.80, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $1.56 billion, with 179.53 million shares outstanding and 164.19 million shares in the current float. Compared to the average trading volume of 2.82M shares, PCT stock reached a trading volume of 3866815 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on PureCycle Technologies Inc [PCT]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PCT shares is $12.20 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PCT stock is a recommendation set at 1.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

TD Cowen have made an estimate for PureCycle Technologies Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 08, 2025. While these analysts kept the previous recommendation, TD Cowen raised their target price from $10 to $15. The new note on the price target was released on November 20, 2024, representing the official price target for PureCycle Technologies Inc stock. Previously, the target price had yet another raise to $14, while Cantor Fitzgerald analysts kept a Overweight rating on PCT stock. On August 09, 2024, analysts increased their price target for PCT shares from 7.50 to 10.

The Average True Range (ATR) for PureCycle Technologies Inc is set at 0.58, with the Price to Sales ratio for PCT stock in the period of the last 12 months amounting to 986.44. The Price to Book ratio for the last quarter was 6.54, with the Price to Cash per share for the same quarter was set at 0.16.

PCT Stock Performance Analysis:

PureCycle Technologies Inc [PCT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 14.97. With this latest performance, PCT shares gained by 36.48% in over the last four-week period, additionally sinking by -32.74% over the last 6 months – not to mention a rise of 64.39% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PCT stock in for the last two-week period is set at 67.32, with the RSI for the last a single of trading hit 74.98, and the three-weeks RSI is set at 61.26 for PureCycle Technologies Inc [PCT]. The present Moving Average for the last 50 days of trading for this stock 7.09, while it was recorded at 8.05 for the last single week of trading, and 9.02 for the last 200 days.

Insight into PureCycle Technologies Inc Fundamentals:

PureCycle Technologies Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.45 and a Current Ratio set at 0.55.

PCT Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PCT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for PureCycle Technologies Inc go to 37.37%.

PureCycle Technologies Inc [PCT] Institutonal Ownership Details

The top three institutional holders of PCT stocks are: SYLEBRA CAPITAL LLC with ownership of 29.19 million shares, which is approximately 17.7261%. VANGUARD GROUP INC, holding 13.06 million shares of the stock with an approximate value of $$77.31 million in PCT stocks shares; and VANGUARD GROUP INC, currently with $$57.52 million in PCT stock with ownership which is approximately 5.8998%.