FY2026 EPS Estimate for Lithium Americas Boosted by Analyst

Lithium Americas Corp. (NYSE:LAC) – Research analysts at National Bank Financial increased their FY2026 earnings estimates for shares of Lithium Americas in a report released on Wednesday, October 1st. National Bank Financial analyst M. Sidibe now forecasts that the company will post earnings per share of ($0.16) for the year, up from their prior estimate of ($0.21). The consensus estimate for Lithium Americas’ current full-year earnings is ($0.12) per share.

Lithium Americas (NYSE:LAC) last issued its earnings results on Thursday, August 14th. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.02).

Several other research firms also recently issued reports on LAC. BMO Capital Markets lifted their price target on shares of Lithium Americas from $3.50 to $5.00 and gave the stock a “market perform” rating in a research note on Thursday, October 2nd. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Lithium Americas in a research note on Saturday, September 27th. Cowen downgraded shares of Lithium Americas from a “buy” rating to a “hold” rating in a research note on Wednesday, September 24th. TD Cowen reaffirmed a “hold” rating and set a $5.00 price target on shares of Lithium Americas in a research note on Thursday, September 25th. Finally, Scotiabank reaffirmed a “sector underperform” rating and set a $5.00 price target (up previously from $2.75) on shares of Lithium Americas in a research note on Monday. Three research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $5.33.

Lithium Americas Stock Performance

Shares of LAC stock opened at $8.28 on Monday. The company’s fifty day simple moving average is $3.73 and its 200-day simple moving average is $3.12. Lithium Americas has a 52 week low of $2.31 and a 52 week high of $9.48. The company has a current ratio of 9.88, a quick ratio of 9.88 and a debt-to-equity ratio of 0.33. The company has a market cap of $2.00 billion, a PE ratio of -35.98 and a beta of 1.43.

Insiders Place Their Bets

In other Lithium Americas news, VP Alexi Illya Zawadzki sold 353,914 shares of the firm’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $9.48, for a total transaction of $3,355,104.72. Following the completion of the transaction, the vice president directly owned 40,005 shares of the company’s stock, valued at $379,247.40. This trade represents a 89.84% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.11% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Osaic Holdings Inc. grew its holdings in Lithium Americas by 71.2% during the 2nd quarter. Osaic Holdings Inc. now owns 86,748 shares of the company’s stock worth $232,000 after acquiring an additional 36,086 shares in the last quarter. Tower Research Capital LLC TRC grew its holdings in Lithium Americas by 72.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 35,998 shares of the company’s stock worth $96,000 after acquiring an additional 15,123 shares in the last quarter. IHT Wealth Management LLC acquired a new position in Lithium Americas during the 2nd quarter worth $28,000. Engineers Gate Manager LP grew its holdings in Lithium Americas by 165.3% during the 2nd quarter. Engineers Gate Manager LP now owns 120,366 shares of the company’s stock worth $322,000 after acquiring an additional 75,000 shares in the last quarter. Finally, Balyasny Asset Management L.P. acquired a new position in Lithium Americas during the 2nd quarter worth $1,057,000.

Lithium Americas Company Profile

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.