Brokers Offer Predictions for Lithium Americas Corp.’s FY2026 Earnings (TSE:LAC)

Lithium Americas Corp. (TSE:LAC) – Research analysts at Scotiabank dropped their FY2026 earnings per share estimates for shares of Lithium Americas in a research note issued on Monday, April 22nd. Scotiabank analyst B. Isaacson now forecasts that the company will post earnings of $1.28 per share for the year, down from their previous estimate of $1.87. The consensus estimate for Lithium Americas’ current full-year earnings is $1.38 per share.

Separately, JPMorgan Chase & Co. dropped their price target on Lithium Americas from C$10.00 to C$7.50 and set a “neutral” rating on the stock in a research report on Thursday, February 8th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of C$22.75.

Lithium Americas Stock Performance

Shares of LAC opened at C$6.13 on Wednesday. The company has a quick ratio of 52.06, a current ratio of 8.38 and a debt-to-equity ratio of 0.97. The firm has a market cap of C$992.94 million, a price-to-earnings ratio of -204.33 and a beta of 1.58. Lithium Americas has a 52-week low of C$5.17 and a 52-week high of C$31.34. The business’s 50 day moving average is C$7.85 and its two-hundred day moving average is C$8.38.

Lithium Americas (TSE:LAC) last announced its earnings results on Friday, March 15th. The company reported C($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C($0.04) by C($0.07).

Insider Buying and Selling

In related news, Director Jinhee Magie acquired 8,000 shares of the stock in a transaction that occurred on Wednesday, April 24th. The stock was purchased at an average cost of C$6.48 per share, for a total transaction of C$51,840.00. Insiders purchased a total of 8,831 shares of company stock worth $55,411 in the last three months. 0.38% of the stock is owned by insiders.

About Lithium Americas

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.