Cantor Fitzgerald Lowers PureCycle Technologies Price Target

Research firm cuts price objective on recycling company's stock

Feb. 27, 2026 at 2:33pm

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Cantor Fitzgerald, a research and investment banking firm, has reduced its price target for shares of PureCycle Technologies (NASDAQ:PCT) from $16.00 to $14.00. The firm maintained an "overweight" rating on the stock, indicating it still believes the company's shares have potential upside despite the lower target price.

Why it matters

PureCycle Technologies is a recycling technology company that focuses on restoring waste polypropylene to a 'virgin-like' state through a proprietary purification process. The company's ability to effectively recycle plastics is seen as an important part of the broader push towards a more sustainable economy, making Cantor Fitzgerald's view on the stock's prospects noteworthy.

The details

In a research note, Cantor Fitzgerald analysts cited the company's current price of $7.30 per share and said the new $14.00 price target represents a potential upside of 91.68%. Other analysts have also recently weighed in on PureCycle, with one issuing a 'hold' rating and another giving a 'sell' recommendation, resulting in an overall 'moderate buy' consensus.

  • The new $14.00 price target was issued on February 27, 2026.

The players

Cantor Fitzgerald

A research and investment banking firm that covers PureCycle Technologies and has reduced its price target for the company's stock.

PureCycle Technologies

A recycling technology company that focuses on restoring waste polypropylene to a 'virgin-like' state through a proprietary purification process.

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The takeaway

Cantor Fitzgerald's reduced price target for PureCycle Technologies reflects some near-term challenges, but the firm's 'overweight' rating suggests it still sees significant long-term potential in the company's plastic recycling technology and its role in the sustainability movement.