National Bank Financial Forecasts LAC FY2025 Earnings

Lithium Americas Corp. (NYSE:LAC) – Equities researchers at National Bank Financial reduced their FY2025 EPS estimates for shares of Lithium Americas in a research report issued on Wednesday, October 16th. National Bank Financial analyst M. Sidibe now anticipates that the company will post earnings per share of ($0.21) for the year, down from their prior forecast of ($0.01). National Bank Financial currently has a “Outperform” rating on the stock. The consensus estimate for Lithium Americas’ current full-year earnings is ($0.09) per share. National Bank Financial also issued estimates for Lithium Americas’ FY2026 earnings at ($0.24) EPS and FY2027 earnings at ($0.32) EPS.

Lithium Americas (NYSE:LAC) last issued its quarterly earnings data on Tuesday, August 13th. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.02).

A number of other research firms have also recently weighed in on LAC. B. Riley cut their price objective on shares of Lithium Americas from $4.50 to $4.00 and set a “buy” rating on the stock in a research report on Friday, August 16th. Scotiabank cut their price target on shares of Lithium Americas from $3.00 to $2.50 and set a “sector perform” rating on the stock in a report on Friday. Piper Sandler started coverage on shares of Lithium Americas in a research note on Monday, July 29th. They issued a “neutral” rating and a $3.90 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on Lithium Americas from $3.00 to $2.50 and set a “hold” rating for the company in a research report on Friday, August 16th. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, Lithium Americas currently has an average rating of “Moderate Buy” and a consensus target price of $5.50.

Lithium Americas Price Performance

NYSE LAC opened at $3.01 on Monday. The business’s 50 day moving average price is $2.57 and its 200-day moving average price is $3.29. Lithium Americas has a fifty-two week low of $2.02 and a fifty-two week high of $7.86.

Institutional Trading of Lithium Americas

A number of hedge funds have recently bought and sold shares of the stock. Banque Cantonale Vaudoise bought a new position in shares of Lithium Americas in the 1st quarter worth $25,000. Mather Group LLC. purchased a new position in Lithium Americas in the first quarter valued at about $26,000. Fairscale Capital LLC purchased a new position in Lithium Americas in the second quarter valued at about $27,000. AE Wealth Management LLC bought a new position in Lithium Americas in the second quarter worth about $27,000. Finally, Evergreen Capital Management LLC purchased a new stake in shares of Lithium Americas during the second quarter valued at about $27,000.

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.