HC Wainwright Estimates Largo’s FY2026 Earnings (NYSE:LGO)

Largo Inc. (NYSE:LGO) – Analysts at HC Wainwright increased their FY2026 earnings per share estimates for Largo in a report issued on Tuesday, July 7th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings of ($0.17) per share for the year, up from their previous estimate of ($0.23). HC Wainwright has a “Buy” rating and a $2.40 price target on the stock. The consensus estimate for Largo’s current full-year earnings is ($0.61) per share.

Separately, National Bank Financial set a $2.40 price target on Largo in a research note on Tuesday. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $2.40.

Largo Stock Up 3.7%

Largo stock opened at $0.69 on Thursday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.81 and a current ratio of 1.67. The firm has a market capitalization of $71.01 million, a price-to-earnings ratio of -0.86 and a beta of 1.47. Largo has a fifty-two week low of $0.62 and a fifty-two week high of $2.70. The stock’s fifty day moving average is $0.90 and its two-hundred day moving average is $1.16.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. XTX Topco Ltd acquired a new position in shares of Largo during the 2nd quarter worth approximately $46,000. Banco BTG Pactual S.A. acquired a new stake in Largo during the 2nd quarter valued at $61,000. Russell Investments Group Ltd. grew its holdings in Largo by 65.0% during the 3rd quarter. Russell Investments Group Ltd. now owns 207,974 shares of the company’s stock valued at $311,000 after buying an additional 81,967 shares during the last quarter. Banque Cantonale Vaudoise purchased a new position in Largo during the third quarter worth $61,000. Finally, Virtu Financial LLC purchased a new position in Largo during the third quarter worth $116,000. 64.08% of the stock is owned by hedge funds and other institutional investors.

Largo Company Profile

Largo Inc (NYSE:LGO) is a diversified resources and digital asset company that provides investors with exposure to both critical battery metals and bitcoin through publicly traded vehicles. The combined platform integrates specialty metals operations with a physical bitcoin trust, reflecting the company’s strategy to offer participation in traditional commodities and emerging digital assets.

The metals division focuses on the production and sale of high-purity nickel and cobalt sulfate used in electric vehicle batteries and energy storage systems.