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

Largo Inc. (NYSE:LGO) – Equities researchers at HC Wainwright dropped their FY2026 earnings per share estimates for shares of Largo in a research report issued to clients and 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 previous estimate of ($0.17). HC Wainwright currently has a “Buy” rating and a $0.90 target price on the stock. The consensus estimate for Largo’s current full-year earnings is ($0.61) per share.

Separately, Maxim Group started coverage on Largo in a research report on Friday, July 24th. They issued a “buy” rating and a $1.50 price objective for the company. Two analysts have rated the stock with a Buy rating. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $1.60.

Largo Trading Down 2.2%

Shares of LGO opened at $0.32 on Friday. The company has a quick ratio of 0.81, a current ratio of 1.67 and a debt-to-equity ratio of 0.34. Largo has a 12-month low of $0.31 and a 12-month high of $1.93. The firm has a market capitalization of $37.32 million, a PE ratio of -0.41 and a beta of 1.46. The stock’s fifty day simple moving average is $0.53 and its 200-day simple moving average is $0.93.

Hedge Funds Weigh In On Largo

Large investors have recently bought and sold shares of the business. Bank of America Corp DE acquired a new stake in Largo during the 2nd quarter worth $218,000. West Family Investments Inc. bought a new stake in shares of Largo during the 2nd quarter valued at $466,000. Royal Bank of Canada raised its position in shares of Largo by 3,192.4% during the 1st quarter. Royal Bank of Canada now owns 60,614 shares of the company’s stock valued at $68,000 after acquiring an additional 58,773 shares during the last quarter. Renaissance Technologies LLC raised its position in shares of Largo by 631.6% during the 1st quarter. Renaissance Technologies LLC now owns 1,293,300 shares of the company’s stock valued at $1,448,000 after acquiring an additional 1,116,534 shares during the last quarter. Finally, Brooklands Fund Management Ltd lifted its stake 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. 64.08% of the stock is currently owned by institutional investors and hedge funds.

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.