FY2026 EPS Estimates for Blue Gold Reduced by Zacks Research

Blue Gold Limited (NASDAQ:BGL) – Equities researchers at Zacks Research reduced their FY2026 earnings per share (EPS) estimates for shares of Blue Gold in a research note issued on Wednesday, June 10th. Zacks Research analyst T. Kerr now forecasts that the company will post earnings per share of ($0.21) for the year, down from their previous estimate of $0.20. The consensus estimate for Blue Gold’s current full-year earnings is $0.20 per share. Zacks Research also issued estimates for Blue Gold’s FY2027 earnings at $0.20 EPS, FY2028 earnings at $0.25 EPS and FY2029 earnings at $0.28 EPS.

Separately, Weiss Ratings downgraded Blue Gold from a “sell (e+)” rating to a “sell (e)” rating in a research note on Friday, May 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

Blue Gold Price Performance

Shares of BGL opened at $0.50 on Friday. The business’s 50 day moving average is $0.94 and its 200 day moving average is $1.96. Blue Gold has a 12-month low of $0.48 and a 12-month high of $166.50.

Blue Gold (NASDAQ:BGL) last issued its earnings results on Wednesday, April 29th. The company reported ($0.48) earnings per share (EPS) for the quarter.

Institutional Trading of Blue Gold

Large investors have recently added to or reduced their stakes in the company. Rathbones Group PLC bought a new stake in Blue Gold in the 3rd quarter worth approximately $107,000. Millennium Management LLC bought a new stake in Blue Gold in the 3rd quarter worth approximately $107,000. Jane Street Group LLC bought a new stake in Blue Gold in the 4th quarter worth approximately $26,000. HRT Financial LP bought a new stake in Blue Gold in the 4th quarter worth approximately $26,000. Finally, Renaissance Technologies LLC bought a new stake in Blue Gold in the 1st quarter worth approximately $35,000. Institutional investors own 24.62% of the company’s stock.

Blue Gold Company Profile

Blue Gold Limited is a gold mining company developing a portfolio of assets anchored by the historic Bogoso Prestea Mine in the Ashanti region of Ghana. Blue Gold Limited, formerly known as Perception Capital Corp. IV, is based in NEW YORK.