HC Wainwright Has Negative Opinion of Largo FY2026 Earnings

Largo Inc. (TSE:LGO) – Stock analysts at HC Wainwright decreased their FY2026 earnings per share (EPS) estimates for shares of Largo in a research note issued on Wednesday, November 4th. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings per share of ($0.51) for the year, down from their prior forecast of ($0.24). The consensus estimate for Largo’s current full-year earnings is $0.13 per share.

Largo (TSE:LGO) last announced its quarterly earnings results on Friday, August 14th. The company reported C($0.30) EPS for the quarter. The business had revenue of C$62.51 million for the quarter. Largo had a negative net margin of 64.87% and a negative return on equity of 60.23%.

Separately, Maxim Group upgraded shares of Largo to a “strong-buy” rating in a report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating. According to MarketBeat.com, the stock currently has a consensus rating of “Strong Buy”.

Largo Stock Performance

LGO opened at C$0.45 on Friday. Largo has a 1-year low of C$0.43 and a 1-year high of C$2.61. The company has a market cap of C$51.56 million, a price-to-earnings ratio of -0.42, a PEG ratio of -0.76 and a beta of 2.16. The company’s fifty day moving average price is C$0.75 and its two-hundred day moving average price is C$1.28. The company has a current ratio of 0.54, a quick ratio of 1.52 and a debt-to-equity ratio of 86.26.

About Largo

Largo is the world’s largest primary vanadium producer and a globally recognized supplier of high-quality vanadium products, sourced from its world-class Maracás Menchen Mine in Brazil. Largo produces critical materials that empower global industries, including steel, aerospace, defense, chemical, and energy storage sectors. The Company is committed to operational excellence and sustainability, leveraging its vertical integration to ensure reliable supply and quality for its customers. Largo is also strategically invested in the clean energy storage sector through its investment in Storion Energy, a joint venture with Stryten Energy focused on scalable domestic electrolyte production for utility-scale vanadium flow battery long-duration energy storage solutions in the U.S.