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

Largo Inc. (NYSE:LGO) – Equities researchers at HC Wainwright issued their FY2026 EPS estimates for shares of Largo in a note issued to investors on Monday, April 20th. HC Wainwright analyst H. Ihle forecasts that the company will post earnings of ($0.23) per share for the year. HC Wainwright currently has a “Buy” rating and a $2.80 price target on the stock. The consensus estimate for Largo’s current full-year earnings is ($0.61) per share.

Largo Stock Down 7.5%

NYSE:LGO opened at $1.23 on Wednesday. The firm’s 50 day simple moving average is $1.37 and its 200 day simple moving average is $1.26. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.67 and a quick ratio of 0.81. Largo has a one year low of $0.85 and a one year high of $2.70. The company has a market cap of $120.22 million, a PE ratio of -1.54 and a beta of 1.56.

Institutional Investors Weigh In On Largo

Several hedge funds have recently added to or reduced their stakes in LGO. XTX Topco Ltd acquired a new stake in Largo during the 2nd quarter worth approximately $46,000. Banco BTG Pactual S.A. acquired a new position in shares of Largo in the 2nd quarter worth approximately $61,000. SG Americas Securities LLC acquired a new position in shares of Largo in the 3rd quarter worth approximately $29,000. Old West Investment Management LLC acquired a new position in shares of Largo in the 3rd quarter worth approximately $562,000. Finally, EverSource Wealth Advisors LLC acquired a new position in shares of Largo in the 3rd quarter worth approximately $190,000. 64.08% of the stock is currently owned by institutional investors and hedge funds.

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.