FY2026 EPS Estimates for Lithium Americas Corp. (NYSE:LAC) Reduced by Analyst

Lithium Americas Corp. (NYSE:LACFree Report) – Research analysts at Scotiabank decreased their FY2026 earnings per share estimates for Lithium Americas in a research report issued on Monday, April 22nd. Scotiabank analyst B. Isaacson now expects that the company will post earnings of $0.93 per share for the year, down from their previous estimate of $1.38. Scotiabank currently has a “Sector Perform” rating and a $7.00 target price on the stock. The consensus estimate for Lithium Americas’ current full-year earnings is ($0.14) per share.

A number of other analysts have also issued reports on LAC. JPMorgan Chase & Co. boosted their price target on Lithium Americas from $5.50 to $7.00 and gave the company a “neutral” rating in a report on Monday, March 18th. HSBC lowered their target price on Lithium Americas from $6.50 to $5.10 and set a “hold” rating for the company in a report on Friday, April 19th. Finally, Evercore ISI lowered their target price on Lithium Americas from $13.00 to $9.00 and set an “outperform” rating for the company in a report on Friday, March 15th. Four research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $12.18.

Read Our Latest Stock Report on LAC

Lithium Americas Stock Down 1.7 %

LAC opened at $4.42 on Wednesday. The stock’s 50 day moving average price is $5.78 and its 200-day moving average price is $6.15. Lithium Americas has a one year low of $3.81 and a one year high of $12.38.

Lithium Americas (NYSE:LACGet Free Report) last released its earnings results on Friday, March 15th. The company reported ($0.08) EPS for the quarter, meeting analysts’ consensus estimates of ($0.08).

Hedge Funds Weigh In On Lithium Americas

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. CWM LLC raised its stake in Lithium Americas by 140.6% in the 3rd quarter. CWM LLC now owns 2,327 shares of the company’s stock worth $40,000 after acquiring an additional 1,360 shares during the last quarter. Operose Advisors LLC purchased a new position in Lithium Americas in the 3rd quarter worth $44,000. Banque Cantonale Vaudoise purchased a new position in shares of Lithium Americas during the 1st quarter valued at about $25,000. Mather Group LLC. purchased a new position in shares of Lithium Americas during the 1st quarter valued at about $26,000. Finally, PNC Financial Services Group Inc. raised its stake in shares of Lithium Americas by 71.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 5,275 shares of the company’s stock valued at $90,000 after buying an additional 2,201 shares during the last quarter.

About Lithium Americas

(Get Free Report)

Lithium Americas Corp. engages in the exploration and development of lithium properties in the United States and Canada. It holds a 100% interest in the Thacker Pass project located in northern Nevada, as well as investments in exploration properties in the United States and Canada. Lithium Americas Corp.

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