FY2026 EPS Estimates for Blue Gold Reduced by Zacks Research

Blue Gold Limited (NASDAQ:BGL) – Analysts at Zacks Research reduced their FY2026 earnings per share estimates for Blue Gold in a report released on Wednesday, June 10th. Zacks Research analyst T. Kerr now expects 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.

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

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 equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Blue Gold Price Performance

Shares of NASDAQ:BGL opened at $0.50 on Friday. The stock’s 50-day simple moving average is $0.94 and its two-hundred day simple moving average is $1.96. Blue Gold has a 52-week low of $0.48 and a 52-week high of $166.50.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Rathbones Group PLC bought a new stake in Blue Gold during the third quarter valued at about $107,000. Van ECK Associates Corp bought a new stake in Blue Gold during the third quarter valued at about $4,202,000. Millennium Management LLC bought a new stake in Blue Gold during the third quarter valued at about $107,000. Qube Research & Technologies Ltd bought a new stake in Blue Gold during the third quarter valued at about $303,000. Finally, HRT Financial LP bought a new stake in Blue Gold during the 4th quarter valued at approximately $26,000. Institutional investors own 24.62% of the company’s stock.

About Blue Gold

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.