PCT Should I Buy
-
$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
Loading...
PureCycle Technologies Inc (PCT) is not a good buy for a beginner investor with a long-term focus at this time. The company is facing growth delays, hedge funds are selling, and financial performance is deteriorating. Additionally, technical indicators are bearish, and there are no strong trading signals or positive catalysts to support a buy decision.
The technical indicators for PCT are bearish. The MACD histogram is negative and expanding downward, RSI is neutral at 26.397, and moving averages show a bearish trend (SMA_200 > SMA_20 > SMA_5). The stock is trading below key support levels, with S1 at 8.853 and S2 at 8.462, indicating potential further downside.
No significant positive catalysts identified. Gross margin remains at 100%, but this is offset by poor financial performance.
Analyst downgrade from Buy to Hold with a reduced price target from $16 to $9 due to growth delays.
Hedge funds are selling, with an 808.33% increase in selling activity over the last quarter.
Financial performance is weak, with a significant YoY decline in net income (-68.70%) and EPS (-70.37%).
No recent news or congress trading activity to indicate positive sentiment.
In Q3 2025, revenue remained flat at $2.43M (0.00% YoY growth). Net income dropped significantly to -$28.37M (-68.70% YoY), and EPS fell to -$0.16 (-70.37% YoY). While gross margin remained at 100%, the overall financials indicate poor profitability and growth trends.
TD Cowen analyst James Schumm downgraded PCT to Hold from Buy, with a price target reduction from $16 to $9. The downgrade reflects delays in growth plans and profitability concerns.
