Atb Cap Markets Lowers Earnings Estimates for Lycos Energy

Key Points

• Atb Cap Markets has revised its Q3 2026 earnings per share estimate for Lycos Energy from $0.02 to $0.00.
• BMO Capital Markets downgraded Lycos Energy from an "outperform" to a "market perform" rating, lowering its target price from C$2.50 to C$1.50.
• Currently, Lycos Energy has a consensus rating of "Hold" with a price target of C$1.92, amidst mixed analyst ratings.

Lycos Energy Inc. (CVE:LCX - Free Report) - Atb Cap Markets decreased their Q3 2026 earnings per share estimates for Lycos Energy in a report released on Wednesday, October 8th. Atb Cap Markets analyst A. Arif now forecasts that the company will post earnings per share of $0.00 for the quarter, down from their previous estimate of $0.02. The consensus estimate for Lycos Energy's current full-year earnings is $0.50 per share.

Separately, BMO Capital Markets downgraded shares of Lycos Energy from an "outperform" rating to a "market perform" rating and cut their target price for the stock from C$2.50 to C$1.50 in a research report on Thursday. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Lycos Energy has a consensus rating of "Hold" and a consensus price target of C$1.92.

Lycos Energy Stock Performance

CVE:LCX opened at C$1.34 on Friday. The stock's 50-day moving average is C$1.24 and its 200-day moving average is C$1.47. Lycos Energy has a 1-year low of C$1.17 and a 1-year high of C$2.99. The stock has a market cap of C$71.34 million, a P/E ratio of -1.15 and a beta of 11.70.

About Lycos Energy

Lycos Energy Inc, a junior resource company, engages in the development and production of petroleum and natural gas in Western Canada. The company operates heavy-oil development assets in the Gull Lake area of southwest Saskatchewan and heavy-oil assets in the Lloydminster area. Lycos Energy Inc is headquartered in Calgary, Canada.

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