PureCycle Technologies (PCT) AI Stock Analysis

• Market Cap: $1.63B
• Dividend Yield: N/A
• Average Volume (3M): 3.10M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.43
• Revenue Growth: N/A
• EPS Growth: 12.57%
• Country: US
• Employees: 157
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Pollution & Treatment Controls
• EPS (TTM): -0.31
• Shares Outstanding: 180,198,330
• 10 Day Avg. Volume: 2,252,695
• 30 Day Avg. Volume: 3,101,447
• PEG Ratio: -0.03
• Price to Book (P/B): 9.04
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -8.14
• Enterprise Value/Market Cap: 1.80
• Enterprise Value/Revenue: 515.96
• Enterprise Value/Gross Profit: -38.04
• Enterprise Value/Ebitda: -22.17
• 1Y Price Target: $16.00
• Price Target Upside: 77.38% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 7
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 52 Neutral
• Price Target: $9.00 ▼(-0.22% Downside)

Overall score is held back primarily by very weak financial performance (large losses, high leverage, and significant cash burn). The earnings call provides a meaningful positive offset due to operational progress and capacity/demand ramp plans, while technicals remain soft and valuation support is limited given ongoing losses and no dividend.

Positive Factors

Procter & Gamble Partnership

The partnership with Procter & Gamble enhances PureCycle's market reach and credibility, providing a stable platform for growth and expansion in the recycled materials market.

Certification Achievement

Certification validates product quality and boosts customer confidence, potentially increasing demand and facilitating entry into new markets.

Operational Improvements

Enhanced operational efficiency at the Ironton facility indicates improved production capabilities, supporting long-term growth and customer satisfaction.

Negative Factors

Zero Revenue

Lack of revenue generation poses a significant risk to financial stability and growth prospects, limiting the company's ability to invest in expansion and innovation.

Negative Cash Flows

Persistent negative cash flows indicate reliance on external financing, which could constrain future operational and strategic initiatives if not addressed.

Limited Cash Reserves

Limited cash reserves heighten financial vulnerability, potentially impacting the company's ability to sustain operations and invest in growth opportunities.

PureCycle Technologies Business Overview & Revenue Model

Company Description

PureCycle Technologies, Inc. produces recycled polypropylene (PP). The company holds a license for restoring waste PP into ultra-pure recycled resin. Its recycling process separates color, odor, and other contaminants from plastic waste feedstock to transform it into virgin-like resin. The company was founded in 2015 and is headquartered in Orlando, Florida.

How the Company Makes Money

PureCycle Technologies generates revenue by selling ultra-pure recycled polypropylene resin to manufacturers and companies seeking sustainable materials for their products. Key revenue streams include long-term contracts with major corporations and partnerships with companies looking to incorporate recycled materials into their supply chains. Additionally, PureCycle benefits from licensing its proprietary recycling technology to other facilities, expanding its market reach and potential income sources. The company's earnings are bolstered by the growing demand for environmentally friendly materials, as businesses and consumers increasingly prioritize sustainability.

PureCycle Technologies Financial Statement Overview

Summary

PureCycle Technologies faces critical financial challenges, including zero revenue, mounting net losses of $289 million, and negative cash flows. Despite an improved debt-to-equity ratio, the company's equity ratio has decreased, and its cash flow remains negative, indicating significant risks.

Income Statement

PureCycle Technologies has consistently reported zero revenue over the years, indicating a lack of sales and market penetration. The company has faced increasing net losses, with the latest net income at -$289 million, suggesting significant operational challenges and poor profitability. There is no revenue growth or profitability margin to assess, reflecting a struggling position in its industry.

Balance Sheet

The company's debt-to-equity ratio has improved from 2.43 in 2020 to 0.37 in 2024, indicating better leverage management. However, the equity ratio has decreased over time, with the latest equity ratio at 22.61%, reflecting vulnerability in its financial structure. The decreasing total assets and stockholders' equity suggest a deteriorating asset base and financial strength.

Cash Flow

Cash flow statements highlight negative operating and free cash flows, indicating a lack of self-sustaining operations and capital expenditure reliance without adequate financing inflows. The free cash flow has consistently been negative, with an increasing trend in cash outflows. This persistent cash burn is a significant risk factor.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.66M	0.00	0.00	0.00	0.00	0.00
Gross Profit	-76.77M	-34.71M	-18.86M	-26.56M	-10.55M	-8.60M
EBITDA	-131.72M	-197.66M	-97.97M	-79.54M	-67.30M	-46.99M
Net Income	-228.46M	-289.14M	-101.72M	-84.75M	-77.50M	-52.99M
Balance Sheet
Total Assets	989.12M	798.38M	1.04B	861.34M	664.68M	407.98M
Cash, Cash Equivalents and Short-Term Investments	237.94M	15.68M	121.64M	162.48M	200.78M	64.49M
Total Debt	731.45M	401.31M	543.80M	250.13M	232.51M	262.27M
Total Liabilities	920.90M	617.94M	619.14M	350.45M	283.15M	296.23M
Stockholders Equity	68.22M	180.45M	420.24M	510.88M	381.54M	111.75M
Cash Flow
Free Cash Flow	-194.99M	-200.41M	-248.81M	-352.67M	-191.90M	-47.77M
Operating Cash Flow	-145.89M	-144.83M	-94.91M	-65.48M	-54.51M	-17.95M
Investing Cash Flow	-49.10M	-7.01M	-102.10M	-218.39M	-305.57M	-29.81M
Financing Cash Flow	348.59M	-109.17M	272.00M	247.53M	293.37M	378.19M

PureCycle Technologies Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 9.02
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PCT, the sentiment is Neutral. The current price of 9.02 is above the 20-day moving average (MA) of 8.91, below the 50-day MA of 9.29, and below the 200-day MA of 11.01, indicating a neutral trend. The MACD of 0.03 indicates Negative momentum. The RSI at 60.44 is Neutral, neither overbought nor oversold. The STOCH value of 85.40 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for PCT.

PureCycle Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CECO	72 Outperform	$2.10B	42.95	18.85%	―	29.86%	331.33%
ERII	68 Neutral	$744.79M	42.43	9.41%	―	0.10%	1.50%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
PCT	52 Neutral	$1.63B	-7.06	-147.56%	―	―	12.57%
FTEK	51 Neutral	$50.34M	-16.53	-7.10%	―	-5.66%	-397.46%
ARQ	45 Neutral	$151.99M	-38.61	-1.80%	―	7.20%	-2951.61%
LIQT	45 Neutral	$17.33M	-1.76	-73.79%	―	10.97%	44.99%

PureCycle Technologies Corporate Events

PureCycle Extends Bond-Financed Project Timeline and Governance

On October 7, 2020, the Southern Ohio Port Authority issued revenue bonds and loaned the proceeds to PureCycle: Ohio LLC to help finance the acquisition, construction and equipping of PureCycle Technologies’ first commercial-scale recycling facility in Lawrence County, Ohio. On December 26, 2025, PureCycle and related affiliates entered into a Seventh Supplemental Indenture with the issuer and trustee, extending the project’s outside completion date to December 31, 2029 and revising the definition of majority bondholders, changes that reshape project timelines and governance for bondholder decision-making around the financing structure.

The most recent analyst rating on (PCT) stock is a Hold with a $9.00 price target. To see the full list of analyst forecasts on PureCycle Technologies stock, see the PCT Stock Forecast page.

PureCycle Technologies Adds Valerie Mars to Board

On December 18, 2025, PureCycle Technologies announced that its board of directors appointed veteran executive Valerie Mars as a director, effective January 1, 2026, and determined she qualifies as an independent director under Nasdaq rules. Mars, a former Senior Vice President and Head of Corporate Development at Mars, Incorporated and current board member at the Mars family office and Ermenegildo Zegna NV, will serve on PureCycle’s Audit and Finance Committee and was designated to the board by major shareholder Sylebra Capital under an existing board representation agreement. She will receive prorated restricted stock units under the company’s standard non-employee director compensation program and enter into a standard indemnification agreement, moves that integrate her into PureCycle’s governance framework. Management highlighted her long track record in global growth initiatives and corporate sustainability, including work on Mars’ ‘Sustainable in a Generation’ plan, underscoring that her appointment is intended to bolster PureCycle’s strategic execution and sustainability credentials as it scales its recycling operations, which stakeholders may view as strengthening oversight and industry positioning.

The most recent analyst rating on (PCT) stock is a Hold with a $9.00 price target. To see the full list of analyst forecasts on PureCycle Technologies stock, see the PCT Stock Forecast page.

PureCycle Technologies Extends Credit Facility Maturity Date

PureCycle Technologies announced a significant amendment to its Revolving Credit Agreement, extending the maturity date of its $200 million credit facility by one year to September 30, 2027. This move is expected to enhance the company’s financial flexibility as it continues to expand its operations. In the third quarter of 2025, PureCycle reported record production levels at its Ironton Facility, with plans to further increase production by year-end. The company is also advancing its commercial and expansion projects, including a new facility in Thailand and a European project supported by a €40 million grant. These developments are poised to strengthen PureCycle’s market position and operational capabilities, potentially benefiting stakeholders and increasing interest from major global brands.

The most recent analyst rating on (PCT) stock is a Hold with a $14.00 price target. To see the full list of analyst forecasts on PureCycle Technologies stock, see the PCT Stock Forecast page.

PureCycle Appoints Dr. Siri Jirapongphan to Board

On October 28, 2025, PureCycle Technologies appointed Dr. Siri Jirapongphan to its board of directors, leveraging his extensive experience in the financial and energy sectors in Thailand to aid its global expansion efforts. Concurrently, Jeffrey R. Fieler resigned from the board after four years of service, during which he also served as interim CFO, contributing significantly to the company’s growth.

The most recent analyst rating on (PCT) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on PureCycle Technologies stock, see the PCT Stock Forecast page.

PureCycle Showcases Recycling Innovation at TPO Conference

On October 1, 2025, PureCycle Technologies participated in the TPO 2025 Global Automotive Conference, showcasing their innovative approach to recycling automotive plastics. The company highlighted their dissolution recycling process, which supports the EU’s End of Life Vehicles regulation by enabling the production of high-quality recycled polypropylene for automotive applications, such as VW Atlas bumpers, thus contributing to waste reduction and sustainability goals.

The most recent analyst rating on (PCT) stock is a Buy with a $16.00 price target. To see the full list of analyst forecasts on PureCycle Technologies stock, see the PCT Stock Forecast page.