Loop Industries Forecasts 93% Revenue Decline, 7-Cent Loss Ahead of Earnings
LOOP sits 56% above its 52-week low of $0.88.
Summary
Analysts expect Loop Industries to report a severe 92.8% drop in quarterly revenue to $775,000 and a loss of 7 cents per share for the period ending February 28, 2026. This grim outlook comes just ahead of the May 27 earnings report and directly exacerbates the company's prior "going concern" warning from its last 10-Q, which cited insufficient cash and recurring losses. Despite recent positive news like a new MOU in India, these financial projections significantly worsen the company's already precarious financial standing. The actual Q1 2026 earnings report on May 27 will be critical to confirm these expectations and provide clarity on the company's path forward.
At the time of this announcement, LOOP was trading at $1.37 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $66.2M. The 52-week trading range was $0.88 to $2.29. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Reuters.