FY2026 Earnings Forecast for Lithium Americas Corp. (TSE:LAC) Issued By Scotiabank

Lithium Americas Corp. (TSE:LAC) – Scotiabank reduced their FY2026 earnings per share (EPS) estimates for Lithium Americas in a report released on Monday, April 22nd. Scotiabank analyst B. Isaacson now anticipates that the company will post earnings of $1.28 per share for the year, down from their previous forecast of $1.87. The consensus estimate for Lithium Americas’ current full-year earnings is $1.38 per share.

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

Lithium Americas Stock Performance

Shares of Lithium Americas stock opened at C$6.05 on Wednesday. The company has a market capitalization of C$979.98 million, a PE ratio of -201.67 and a beta of 1.58. The company has a debt-to-equity ratio of 0.97, a quick ratio of 52.06 and a current ratio of 8.38. The company has a 50-day simple moving average of C$7.86 and a two-hundred day simple moving average of C$8.37. Lithium Americas has a one year low of C$5.17 and a one year high of C$31.34.

Lithium Americas (TSE:LAC) last released its quarterly earnings data on Friday, March 15th. The company reported C($0.11) earnings per share for the quarter, missing the consensus estimate of C($0.04) by C($0.07).

Insider Activity at Lithium Americas

In related news, Director Jinhee Magie purchased 8,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 24th. The shares were purchased at an average price of C$6.48 per share, with a total value of C$51,840.00. In the last quarter, insiders have purchased 8,831 shares of company stock valued at $55,411. 0.38% of the stock is owned by company 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.