Equities Analysts Set Expectations for Lithium Americas Corp.’s FY2026 Earnings (TSE:LAC)

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

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

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

Lithium Americas Stock Down 1.7 %

TSE LAC opened at C$6.41 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 company has a fifty day moving average of C$7.84 and a two-hundred day moving average of C$8.45. The firm has a market capitalization of C$1.04 billion, a price-to-earnings ratio of -213.33 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.

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.