Scotiabank Comments on Lithium Americas Corp.’s FY2026 Earnings (NYSE:LAC)

Lithium Americas Corp. (NYSE:LAC) – Analysts at Scotiabank reduced their FY2026 EPS estimates for shares of Lithium Americas in a research note issued to investors 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 prior forecast of $1.38. Scotiabank has a “Sector Perform” rating and a $7.00 price objective on the stock. The consensus estimate for Lithium Americas’ current full-year earnings is ($0.14) per share.

Lithium Americas (NYSE:LAC) last announced its quarterly earnings data on Friday, March 15th. The company reported ($0.08) EPS for the quarter, meeting analysts’ consensus estimates of ($0.08).

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

Lithium Americas Stock Down 1.5 %

Shares of LAC opened at $4.68 on Wednesday. The company has a 50-day simple moving average of $5.79 and a 200-day simple moving average of $6.18. Lithium Americas has a 52 week low of $3.81 and a 52 week high of $12.38.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its holdings in shares of Lithium Americas by 1.1% during the third quarter. Vanguard Group Inc. now owns 3,534,140 shares of the company’s stock worth $60,116,000 after buying an additional 39,419 shares in the last quarter. Dynamic Advisor Solutions LLC increased its holdings in shares of Lithium Americas by 3.6% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 60,551 shares of the company’s stock worth $368,000 after buying an additional 2,126 shares in the last quarter. LPL Financial LLC increased its holdings in shares of Lithium Americas by 82.6% during the third quarter. LPL Financial LLC now owns 223,701 shares of the company’s stock worth $3,805,000 after buying an additional 101,174 shares in the last quarter. Allworth Financial LP acquired a new stake in shares of Lithium Americas during the fourth quarter worth approximately $37,000. Finally, Mutual Advisors LLC increased its holdings in shares of Lithium Americas by 37.1% during the fourth quarter. Mutual Advisors LLC now owns 52,073 shares of the company’s stock worth $333,000 after buying an additional 14,101 shares in the last quarter.

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.