PureCycle Technologies (NASDAQ:PCT) Shares Gap Down on Analyst Downgrade

PureCycle Technologies, Inc. (NASDAQ:PCT)’s stock price gapped down before the market opened on Friday after Cantor Fitzgerald lowered their price target on the stock from $16.00 to $14.00. The stock had previously closed at $8.12, but opened at $7.50. Cantor Fitzgerald currently has an overweight rating on the stock. PureCycle Technologies shares last traded at $6.5560, with a volume of 7,634,958 shares trading hands.

Other analysts also recently issued reports about the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of PureCycle Technologies in a report on Thursday, January 22nd. TD Cowen reissued a “hold” rating and set a $9.00 price objective (down from $16.00) on shares of PureCycle Technologies in a report on Monday, November 24th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $13.00.

Key Stories Impacting PureCycle Technologies

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

• Positive Sentiment: Company outlined a 2026 commercial ramp, announcing a 170+ project pipeline and expanded compounding capabilities — a concrete commercial milestone that supports future revenue growth and capacity utilization. PureCycle outlines 2026 commercial ramp
• Positive Sentiment: Cantor Fitzgerald kept an Overweight rating and a $14 price target (down from $16), implying meaningful upside from current levels — a sign that at least some sell‑side analysts remain constructive on PCT’s multi‑year story despite trimming targets. Cantor Fitzgerald price target change
• Neutral Sentiment: Company released its official Q4 & FY2025 results and a corporate update that includes a slide deck and conference materials — useful for modeling future volumes and capital plans but not immediately directional without execution details. Q4 results & corporate update
• Negative Sentiment: Q4 results disappointed on the top line and profitability: revenue missed consensus and the reported GAAP loss per share was wider than expected — headline fundamentals that typically pressure the stock. Q4 loss, misses revenue estimates
• Negative Sentiment: Earnings call and transcripts show mixed execution: management discussed strategic expansion but the market focused on weaker-than-expected revenue and margin/earnings metrics in Q4. Investors often penalize early-stage manufacturers for near-term misses even when long‑term ramps are planned. Q4 2025 Earnings Call Highlights

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Appian Way Asset Management LP increased its stake in shares of PureCycle Technologies by 1.4% during 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 buying an additional 59,676 shares during the period. Geode Capital Management LLC increased its position in 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 period. Gladstone Institutional Advisory LLC raised its holdings in 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. lifted 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 during the period. Finally, Royal Bank of Canada lifted its position in shares of PureCycle Technologies by 41.8% in the 4th quarter. Royal Bank of Canada now owns 1,671,756 shares of the company’s stock worth $14,361,000 after purchasing an additional 492,975 shares during the period. Institutional investors own 63.01% of the company’s stock.

PureCycle Technologies Price Performance

The company has a current ratio of 2.24, a quick ratio of 2.15 and a debt-to-equity ratio of 5.21. The business’s 50 day moving average price is $9.71 and its two-hundred day moving average price is $11.10. The stock has a market cap of $1.17 billion, a P/E ratio of -4.50 and a beta of 2.05.

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.