Lithium Americas (NYSE:LAC) Stock Price Target Lowered at JPMorgan Chase & Co.

Lithium Americas (NYSE:LAC) had its price target decreased by analysts at JPMorgan Chase & Co. from $6.00 to $5.00 in a research report issued on Friday, Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 232.23% from the company’s current price.

Several other equities analysts have also issued reports on LAC. Wall Street Zen raised shares of Lithium Americas from a “strong sell” rating to a “sell” rating in a report on Saturday, August 15th. Canaccord Genuity Group upgraded Lithium Americas from a “hold” rating to a “speculative buy” rating in a report on Thursday, October 15th. BMO Capital Markets set a $3.50 price objective on Lithium Americas in a report on Tuesday, October 6th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Lithium Americas in a research report on Thursday, October 22nd. Four analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $5.08.

Lithium Americas Stock Down 7.7%

Shares of NYSE:LAC traded down $0.12 during trading on Friday, reaching $1.50. The stock had a trading volume of 11,608,390 shares, compared to its average volume of 10,726,270. The firm’s 50-day simple moving average is $2.42 and its 200 day simple moving average is $3.78. The company has a current ratio of 5.47, a quick ratio of 5.47 and a debt-to-equity ratio of 0.81. Lithium Americas has a one year low of $1.49 and a one year high of $6.96. The company has a market capitalization of $546.38 million, a P/E ratio of -4.07 and a beta of 2.74.

Lithium Americas (NYSE:LAC) last posted its quarterly earnings data on Thursday, November 12th. The company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.02). As a group, research analysts expect that Lithium Americas will post -0.07 EPS for the current fiscal year.

Institutional Investors Weigh In On Lithium Americas

Several institutional investors and hedge funds have recently made changes to their positions in LAC. Alps Advisors Inc. boosted its stake in shares of Lithium Americas by 16.8% in the third quarter. Alps Advisors Inc. now owns 1,328,620 shares of the company’s stock worth $3,494,000 after buying an additional 190,815 shares during the last quarter. Teamwork Financial Advisors LLC raised its position in Lithium Americas by 3.9% during the second quarter. Teamwork Financial Advisors LLC now owns 893,395 shares of the company’s stock valued at $3,440,000 after acquiring an additional 33,475 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Lithium Americas by 229.9% in the first quarter. Dimensional Fund Advisors LP now owns 565,135 shares of the company’s stock valued at $2,231,000 after acquiring an additional 393,842 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in Lithium Americas by 11.4% in the first quarter. The Manufacturers Life Insurance Company now owns 343,290 shares of the company’s stock valued at $1,363,000 after acquiring an additional 35,131 shares during the period. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its position in Lithium Americas by 37.2% in the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 510,480 shares of the company’s stock worth $1,345,000 after purchasing an additional 138,459 shares in the last quarter.

Lithium Americas News Summary

Here’s some of the latest news about LAC:

• Positive Sentiment: Lithium Americas reported third-quarter 2026 results and said it continues to advance construction at Thacker Pass. The company also highlighted a strong cash position, which may help fund development. Article: Lithium Americas Reports Q3 Results and Strong Cash Position
• Positive Sentiment: At Thacker Pass, engineering is complete and equipment procurement is more than 90% finished. Phase 1 is targeted for completion in late 2027, with ramp-up in 2028 and planned annual production of 40,000 tonnes of lithium carbonate. Article: Lithium Americas Unveils Thacker Pass Construction Plan
• Negative Sentiment: The company’s third-quarter loss was $0.05 per share, wider than the $0.03 loss analysts expected. The miss could reinforce concerns about the time and funding needed before the project generates revenue. Article: Lithium Americas Q3 Earnings

About Lithium Americas

Lithium Americas Corp. is a Canadian company focused on developing lithium resources in North America. Its principal project is Thacker Pass, a lithium deposit in Humboldt County, Nevada, where the company plans to mine and process lithium-bearing claystone. The planned operation is designed to produce lithium carbonate for use in electric-vehicle batteries and energy storage systems. The project is intended to serve the North American battery supply chain; Lithium Americas is developing the resource rather than operating it as a producing mine.