Largo (LGO) Stock Forecast, Price Target & Predictions

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LGO Stock Forecast

Largo stock forecast is as follows: an average price target of $4.40 (represents a 114.63% upside from LGO’s last price of $2.05) 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 114.63% upside from LGO's last price of $2.05.

LGO Analyst Ratings

Buy

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%	114.63%
May 17, 2024	Heiko Ihle	H.C. Wainwright	$4.80	$1.67	187.43%	134.15%

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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 114.63% increase from LGO last price ($2.05).

Largo Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	2
Avg Price Target	-	-	$4.60
Last Closing Price	$2.05	$2.05	$2.05
Upside/Downside	-100.00%	-100.00%	124.39%

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 $2.05. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 22, 2024	H.C. Wainwright	Buy	Buy	Hold
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

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Largo's last stock rating was published by H.C. Wainwright on Oct 22, 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	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	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 1 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	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	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%

1 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	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	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	$-7.79M	$-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	$-7.79M	$-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	$-7.79M	$-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	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	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 1 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	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	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 1 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).

Largo Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
LGO	Largo	$2.05	$4.40	114.63%	Buy
CMP	Compass Minerals	$12.25	$23.50	91.84%	Buy
MTRN	Materion	$119.88	$125.00	4.27%	Buy
NEXA	Nexa Resources	$7.62	$7.13	-6.43%	Hold

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 114.63% from its last price of $2.05. 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 114.63% (from the last price of $2.05 to the average price target of $4.4), up by 114.63% based on the highest stock price target, and up by 114.63% 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 $-41.634M (high $-41.634M, low $-41.634M), average SG&A $41.18M (high $41.18M, low $41.18M), and average EPS is $-0.65 (high $-0.65, low $-0.65). 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%