PureCycle Technologies
About: PureCycle Technologies Inc holds a license to commercialize the only patented solvent-based purification recycling technology, developed by The Procter & Gamble Company (P&G), for restoring waste polypropylene (PP) into a virgin-like resin. The proprietary process removes color, odor, and other contaminants from recycled feedstock resulting in virgin-like polypropylene suitable for any PP market.
Employees: 146
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
126% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 19
74% more capital invested
Capital invested by funds: $689M [Q2] → $1.2B (+$507M) [Q3]
69% more call options, than puts
Call options by funds: $94.3M | Put options by funds: $55.7M
60% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 8 (+3) [Q3]
37% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 52
13% more funds holding
Funds holding: 184 [Q2] → 207 (+23) [Q3]
5.23% more ownership
Funds ownership: 71.04% [Q2] → 76.27% (+5.23%) [Q3]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
TD Cowen Thomas Boyes 50% 1-year accuracy 4 / 8 met price target | 71%upside $15 | Buy Maintained | 20 Nov 2024 |
Cantor Fitzgerald Andres Sheppard 76% 1-year accuracy 111 / 147 met price target | 59%upside $14 | Overweight Reiterated | 19 Nov 2024 |
Stifel Michael Hoffman 52% 1-year accuracy 12 / 23 met price target | 71%upside $15 | Buy Maintained | 12 Nov 2024 |
Financial journalist opinion
Based on 6 articles about PCT published over the past 30 days









