PureCycle Technologies reports Q2 loss. Hold rating stays on PureCycle Technologies stock
Published on 10/07/2026 at 05:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
PureCycle Technologies, Inc. (ISIN US74623V1035) reported a second-quarter 2026 loss, while its stock carried a consensus Hold rating and an average target of USD 11.75. The company generated USD 4.51 million in revenue for the quarter ended June 30, 2026, below the USD 6.11 million analyst estimate, according to MarketBeat on October 5, 2026.
Revenue grew but losses widened
Zacks reported an adjusted loss of USD 0.33 per share for the second quarter of 2026, compared with a consensus loss of USD 0.26 per share. The adjusted loss was also USD 0.35 per share in the second quarter of 2025, giving investors a direct year-over-year comparison.
MarketBeat reported a GAAP loss of USD 0.80 per share for the quarter against a consensus loss of USD 0.29 per share. That USD 0.51 per-share shortfall puts the earnings burden alongside the revenue gap rather than treating production growth as the sole measure of progress.
Commercial validation meets cash pressure
PureCycle's operating story improved in several measurable areas. Yahoo Finance reported that select Downy detergent caps made with PureCycle's PureFive resin entered commercial production during the second quarter of 2026, alongside seven customer conversions and six new commercial partnerships.
AlphaStreet reported PureFive production of 4.50 million pounds in the second quarter of 2026 and first-half revenue of USD 8.64 million, versus USD 3.23 million in the first half of 2025. Adjusted EBITDA declined to negative USD 31.70 million from negative USD 27.80 million a year earlier, showing that commercialization still carries substantial operating costs.
Analysts keep a divided view
MarketBeat reported one Buy, one Hold and one Sell rating, producing a consensus Hold view and an average price target of USD 11.75. Cantor Fitzgerald cut its target from USD 14.00 to USD 12.00 and retained an Overweight rating in a report dated August 7, 2026, while Weiss Ratings reiterated a Sell rating on September 2, 2026.
Prior close sets the reference
The prior close at Lang & Schwarz was EUR 3.59 on October 6, 2026. The next reported operating checkpoint is expected on November 5, 2026, when third-quarter 2026 results are scheduled to provide a test of PureCycle's second-half breakeven objective.
The further course of trading is shown by the continuously updated real-time quote of PureCycle Technologies stock.
PureCycle Technologies stock facts
- Company: PureCycle Technologies, Inc.
- ISIN: US74623V1035
- Ticker: PCT
- Primary exchange: NASDAQ
- Prior close Lang & Schwarz (October 6, 2026): EUR 3.59
- Market capitalization: USD 803.9 million (as of October 6, 2026)
- Sector / Industry: Industrials / Industrial - Pollution & Treatment Controls
