What is HC Wainwright’s Estimate for Largo FY2026 Earnings?

Largo Inc. (NYSE:LGO) – HC Wainwright dropped their FY2026 earnings per share estimates for Largo in a note issued to investors on Wednesday, November 4th. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings per share of ($0.36) for the year, down from their prior estimate of ($0.17). HC Wainwright has a “Buy” rating and a $0.90 price objective on the stock. The consensus estimate for Largo’s current full-year earnings is ($0.61) per share.

Separately, Maxim Group initiated coverage on shares of Largo in a research report on Friday, July 24th. They issued a “buy” rating and a $1.50 price target on the stock. Two analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $1.60.

Largo Stock Performance

Shares of LGO stock opened at $0.32 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.67 and a quick ratio of 0.81. The stock has a market cap of $37.32 million, a PE ratio of -0.41 and a beta of 1.46. The stock has a 50-day moving average of $0.53 and a 200-day moving average of $0.93. Largo has a one year low of $0.31 and a one year high of $1.93.

Institutional Investors Weigh In On Largo

Hedge funds have recently modified their holdings of the business. West Family Investments Inc. bought a new position in shares of Largo during the 2nd quarter valued at about $466,000. Renaissance Technologies LLC grew its position in shares of Largo by 631.6% in the 1st quarter. Renaissance Technologies LLC now owns 1,293,300 shares of the company’s stock valued at $1,448,000 after purchasing an additional 1,116,534 shares during the period. Brooklands Fund Management Ltd grew its position in shares of Largo by 623.9% in the 1st quarter. Brooklands Fund Management Ltd now owns 760,119 shares of the company’s stock valued at $851,000 after purchasing an additional 655,119 shares during the period. Bank of America Corp DE bought a new stake in Largo during the 2nd quarter worth approximately $218,000. Finally, Royal Bank of Canada increased its stake in Largo by 3,192.4% during the 1st quarter. Royal Bank of Canada now owns 60,614 shares of the company’s stock worth $68,000 after purchasing an additional 58,773 shares in the last quarter. Institutional investors and hedge funds own 64.08% of the company’s stock.

About Largo

Largo Inc is a vertically integrated vanadium materials company focused on the production and development of vanadium-based products. The company’s principal asset is the Maracás Menchen vanadium mine and processing facility in Bahia, Brazil, which produces vanadium pentoxide and other vanadium products for industrial and energy-storage applications.

Largo markets high-purity vanadium products, including its VPURE and VPURE+ vanadium pentoxide products, as well as ferrovanadium and related materials.