Largo (LGO) Stock Forecast, Price Target & Predictions
LGO Stock Forecast
Largo stock forecast is as follows: an average price target of $4.40 (represents a 160.36% upside from LGO’s last price of $1.69) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
LGO Price Target
The average price target for Largo (LGO) is $4.40 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $4.40 to $4.40. This represents a potential 160.36% upside from LGO's last price of $1.69.
LGO Analyst Ratings
According to 2 Wall Street analysts, Largo's rating consensus is 'Buy'. The analyst rating breakdown for LGO stock is 0 'Strong Buy' (0.00%), 1 'Buy' (50.00%), 1 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Largo Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 13, 2024 | Heiko Ihle | H.C. Wainwright | $4.40 | $1.78 | 147.19% | 160.36% |
| May 17, 2024 | Heiko Ihle | H.C. Wainwright | $4.80 | $1.67 | 187.43% | 184.02% |
The latest Largo stock forecast, released on Aug 13, 2024 by Heiko Ihle from H.C. Wainwright, set a price target of $4.40, which represents a 147.19% increase from the stock price at the time of the forecast ($1.78), and a 160.36% increase from LGO last price ($1.69).
Largo Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $4.40 | $4.60 |
| Last Closing Price | $1.69 | $1.69 | $1.69 |
| Upside/Downside | -100.00% | 160.36% | 172.19% |
In the current month, the average price target of Largo stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Largo's last price of $1.69. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 13, 2024 | H.C. Wainwright | Buy | Buy | Hold |
| May 17, 2024 | H.C. Wainwright | Buy | Buy | Hold |
| Apr 17, 2024 | CIBC | Neutral | Neutral | Hold |
| Jun 15, 2022 | CIBC | Outperform | Neutral | Downgrade |
| May 18, 2022 | CIBC | Outperform | Outperform | Hold |
Largo's last stock rating was published by H.C. Wainwright on Aug 13, 2024. The company gave LGO a "Buy" rating, the same as its previous rate.
Largo Financial Forecast
Largo Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $57.42M | $47.50M | $54.26M | $84.80M | $42.69M | $50.33M | $53.86M | $54.29M | $39.80M | $42.25M | $27.47M | $8.35M | $41.03M | $27.19M | $24.26M | $22.44M |
| Avg Forecast | $37.66M | $35.96M | $34.34M | $32.79M | $75.50M | $75.50M | $74.80M | $71.90M | $47.10M | $43.65M | $45.80M | $52.20M | $52.70M | $57.00M | $57.00M | $57.00M | $61.65M | $57.86M | $56.00M | $41.87M | $38.17M | $40.00M | $21.22M | $23.64M | $31.26M | $41.22M | $32.95M |
| High Forecast | $37.66M | $35.96M | $34.34M | $32.79M | $75.50M | $75.50M | $74.80M | $71.90M | $47.10M | $43.65M | $45.80M | $52.20M | $52.70M | $57.00M | $57.00M | $57.00M | $61.65M | $57.86M | $56.00M | $41.87M | $38.17M | $40.00M | $21.22M | $23.64M | $31.26M | $41.22M | $32.95M |
| Low Forecast | $37.66M | $35.96M | $34.34M | $32.79M | $75.50M | $75.50M | $74.80M | $71.90M | $47.10M | $43.65M | $45.80M | $52.20M | $52.70M | $57.00M | $57.00M | $57.00M | $61.65M | $57.86M | $56.00M | $41.87M | $38.17M | $40.00M | $21.22M | $23.64M | $31.26M | $41.22M | $32.95M |
| # Analysts | - | - | - | - | - | - | - | - | 1 | 1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.10% | 0.90% | 0.95% | 1.49% | 0.75% | 0.82% | 0.93% | 0.97% | 0.95% | 1.11% | 0.69% | 0.39% | 1.74% | 0.87% | 0.59% | 0.68% |
Largo's average Quarter revenue forecast for Jun 23 based on 0 analysts is $45.80M, with a low forecast of $45.80M, and a high forecast of $45.80M. LGO's average Quarter revenue forecast represents a -20.24% decrease compared to the company's last Quarter revenue of $57.42M (Mar 23).
Largo EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | 1 | 1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $12.54M | $-815.00K | $2.87M | $28.09M | $10.11M | $6.14M | $18.87M | $20.17M | $10.07M | $12.03M | $6.96M | $-3.04M | $9.98M | $4.22M | $-1.80M | $-6.62M |
| Avg Forecast | $7.33M | $7.00M | $6.68M | $6.38M | $14.69M | $14.69M | $14.55M | $13.99M | $9.16M | $8.49M | $8.91M | $10.16M | $10.25M | $11.09M | $11.09M | $11.09M | $11.99M | $11.26M | $10.90M | $8.15M | $7.43M | $7.78M | $4.13M | $4.60M | $6.08M | $8.02M | $6.41M |
| High Forecast | $7.33M | $7.00M | $6.68M | $6.38M | $14.69M | $14.69M | $14.55M | $13.99M | $9.16M | $8.49M | $8.91M | $10.16M | $10.25M | $11.09M | $11.09M | $11.09M | $11.99M | $11.26M | $10.90M | $8.15M | $7.43M | $7.78M | $4.13M | $4.60M | $6.08M | $8.02M | $6.41M |
| Low Forecast | $7.33M | $7.00M | $6.68M | $6.38M | $14.69M | $14.69M | $14.55M | $13.99M | $9.16M | $8.49M | $8.91M | $10.16M | $10.25M | $11.09M | $11.09M | $11.09M | $11.99M | $11.26M | $10.90M | $8.15M | $7.43M | $7.78M | $4.13M | $4.60M | $6.08M | $8.02M | $6.41M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.23% | -0.08% | 0.26% | 2.53% | 0.91% | 0.51% | 1.68% | 1.85% | 1.24% | 1.62% | 0.89% | -0.74% | 2.17% | 0.69% | -0.22% | -1.03% |
0 analysts predict LGO's average Quarter EBITDA for Jun 23 to be $8.91M, with a high of $8.91M and a low of $8.91M. This is -28.92% lower than Largo's previous annual EBITDA (Mar 23) of $12.54M.
Largo Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | 1 | 1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $-1.21M | $-15.64M | $-2.60M | $18.14M | $-1.95M | $789.00K | $9.19M | $8.45M | $4.14M | $6.88M | $2.55M | $-7.01M | $4.04M | $-4.11M | $-6.49M | $-15.62M |
| Avg Forecast | $3.42M | $3.42M | $2.57M | $1.71M | $-5.99M | $-7.89M | $-8.76M | $-19.09M | $-4.81M | $-7.16M | $-8.00M | $-1.39M | $-2.80M | $-3.58M | $19.28M | $1.87M | $9.80M | $21.24M | $19.75M | $14.80M | $8.59M | $11.35M | $-4.75M | $-2.23M | $-2.57M | $-2.13M | $-5.27M |
| High Forecast | $3.42M | $3.42M | $2.57M | $1.71M | $-5.99M | $-7.89M | $-8.76M | $-19.09M | $-3.85M | $-7.16M | $-8.00M | $-1.39M | $-2.80M | $-3.58M | $19.28M | $1.87M | $9.80M | $21.24M | $19.75M | $14.80M | $8.59M | $11.35M | $-4.75M | $-2.23M | $-2.57M | $-2.13M | $-5.27M |
| Low Forecast | $3.42M | $3.42M | $2.57M | $1.71M | $-5.99M | $-7.89M | $-8.76M | $-19.09M | $-6.74M | $-7.16M | $-8.00M | $-1.39M | $-2.80M | $-3.58M | $19.28M | $1.87M | $9.80M | $21.24M | $19.75M | $14.80M | $8.59M | $11.35M | $-4.75M | $-2.23M | $-2.57M | $-2.13M | $-5.27M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.87% | 5.59% | 0.73% | 0.94% | -1.05% | 0.08% | 0.43% | 0.43% | 0.28% | 0.80% | 0.22% | 1.48% | -1.81% | 1.60% | 3.05% | 2.96% |
Largo's average Quarter net income forecast for Sep 22 is $-3.58M, with a range of $-3.58M to $-3.58M. LGO's average Quarter net income forecast represents a -119.73% decrease compared to the company's last Quarter net income of $18.14M (Jun 22).
Largo SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | 1 | 1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $7.47M | $2.27M | $11.48M | $11.97M | $8.38M | $6.30M | $6.46M | $5.46M | $4.98M | $3.80M | $3.15M | $2.39M | $2.83M | $3.83M | $5.17M | $3.45M |
| Avg Forecast | $5.21M | $4.97M | $4.75M | $4.54M | $10.44M | $10.44M | $10.35M | $9.95M | $6.52M | $6.04M | $6.34M | $7.22M | $7.29M | $7.89M | $7.89M | $7.89M | $8.53M | $8.00M | $7.75M | $5.79M | $5.28M | $5.53M | $2.94M | $3.27M | $4.32M | $5.70M | $4.56M |
| High Forecast | $5.21M | $4.97M | $4.75M | $4.54M | $10.44M | $10.44M | $10.35M | $9.95M | $6.52M | $6.04M | $6.34M | $7.22M | $7.29M | $7.89M | $7.89M | $7.89M | $8.53M | $8.00M | $7.75M | $5.79M | $5.28M | $5.53M | $2.94M | $3.27M | $4.32M | $5.70M | $4.56M |
| Low Forecast | $5.21M | $4.97M | $4.75M | $4.54M | $10.44M | $10.44M | $10.35M | $9.95M | $6.52M | $6.04M | $6.34M | $7.22M | $7.29M | $7.89M | $7.89M | $7.89M | $8.53M | $8.00M | $7.75M | $5.79M | $5.28M | $5.53M | $2.94M | $3.27M | $4.32M | $5.70M | $4.56M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 0.31% | 1.46% | 1.52% | 1.06% | 0.74% | 0.81% | 0.70% | 0.86% | 0.72% | 0.57% | 0.81% | 0.86% | 0.89% | 0.91% | 0.76% |
Largo's average Quarter SG&A projection for Jun 23 is $6.34M, based on 0 Wall Street analysts, with a range of $6.34M to $6.34M. The forecast indicates a -15.18% fall compared to LGO last annual SG&A of $7.47M (Mar 23).
Largo EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | 1 | 1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $-0.02 | $-0.24 | $-0.04 | $0.28 | $-0.03 | $0.01 | $0.14 | $0.13 | $0.07 | $0.11 | $0.05 | $-0.10 | $0.07 | $-0.07 | $-0.15 | $-0.30 |
| Avg Forecast | $0.05 | $0.05 | $0.04 | $0.03 | $-0.09 | $-0.12 | $-0.14 | $-0.30 | $-0.08 | $-0.11 | $-0.12 | $-0.02 | $-0.04 | $-0.06 | $0.30 | $0.03 | $0.15 | $0.33 | $0.31 | $0.23 | $0.13 | $0.18 | $-0.07 | $-0.03 | $-0.04 | $-0.03 | $-0.08 |
| High Forecast | $0.05 | $0.05 | $0.04 | $0.03 | $-0.09 | $-0.12 | $-0.14 | $-0.30 | $-0.06 | $-0.11 | $-0.12 | $-0.02 | $-0.04 | $-0.06 | $0.30 | $0.03 | $0.15 | $0.33 | $0.31 | $0.23 | $0.13 | $0.18 | $-0.07 | $-0.03 | $-0.04 | $-0.03 | $-0.08 |
| Low Forecast | $0.05 | $0.05 | $0.04 | $0.03 | $-0.09 | $-0.12 | $-0.14 | $-0.30 | $-0.11 | $-0.11 | $-0.12 | $-0.02 | $-0.04 | $-0.06 | $0.30 | $0.03 | $0.15 | $0.33 | $0.31 | $0.23 | $0.13 | $0.18 | $-0.07 | $-0.03 | $-0.04 | $-0.03 | $-0.08 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.87% | 5.50% | 0.73% | 0.93% | -1.04% | 0.08% | 0.42% | 0.42% | 0.30% | 0.82% | 0.26% | 1.35% | -2.02% | 1.83% | 4.55% | 3.70% |
According to 0 Wall Street analysts, Largo's projected average Quarter EPS for Sep 22 is $-0.06, with a low estimate of $-0.06 and a high estimate of $-0.06. This represents a -119.95% decrease compared to LGO previous annual EPS of $0.28 (Jun 22).
LGO Forecast FAQ
Is Largo a good buy?
Yes, according to 2 Wall Street analysts, Largo (LGO) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 50.00% of LGO's total ratings.
What is LGO's price target?
Largo (LGO) average price target is $4.4 with a range of $4.4 to $4.4, implying a 160.36% from its last price of $1.69. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Largo stock go up soon?
According to Wall Street analysts' prediction for LGO stock, the company can go up by 160.36% (from the last price of $1.69 to the average price target of $4.4), up by 160.36% based on the highest stock price target, and up by 160.36% based on the lowest stock price target.
Can Largo stock reach $3?
LGO's average twelve months analyst stock price target of $4.4 supports the claim that Largo can reach $3 in the near future.
What are Largo's analysts' financial forecasts?
Largo's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $297.7M (high $297.7M, low $297.7M), average EBITDA is $57.92M (high $57.92M, low $57.92M), average net income is $-41.731M (high $-41.731M, low $-41.731M), average SG&A $41.18M (high $41.18M, low $41.18M), and average EPS is $-0.651 (high $-0.651, low $-0.651). LGO's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $140.75M (high $140.75M, low $140.75M), average EBITDA is $27.39M (high $27.39M, low $27.39M), average net income is $11.12M (high $11.12M, low $11.12M), average SG&A $19.47M (high $19.47M, low $19.47M), and average EPS is $0.174 (high $0.174, low $0.174).
Did the LGO's actual financial results beat the analysts' financial forecasts?
Based on Largo's last annual report (Dec 2022), the company's revenue was $229.25M, beating the average analysts forecast of $223.7M by 2.48%. Apple's EBITDA was $40.25M, missing the average prediction of $43.53M by -7.53%. The company's net income was $-2.226M, missing the average estimation of $14.77M by -115.07%. Apple's SG&A was $34.11M, beating the average forecast of $30.95M by 10.22%. Lastly, the company's EPS was $-0.0348, missing the average prediction of $0.23 by -115.10%. In terms of the last quarterly report (Mar 2023), Largo's revenue was $57.42M, beating the average analysts' forecast of $52.2M by 10.00%. The company's EBITDA was $12.54M, beating the average prediction of $10.16M by 23.44%. Largo's net income was $-1.207M, missing the average estimation of $-1.387M by -12.96%. The company's SG&A was $7.47M, beating the average forecast of $7.22M by 3.45%. Lastly, the company's EPS was $-0.0189, missing the average prediction of $-0.0216 by -12.66%