Wedbush Predicts Lithium Americas' Q1 Earnings (NYSE:LAC)

Lithium Americas Corp. (NYSE:LAC - Free Report) - Wedbush issued their Q1 2026 earnings estimates for shares of Lithium Americas in a research report issued to clients and investors on Monday, March 31st. Wedbush analyst D. Ives expects that the company will earn ($0.05) per share for the quarter. Wedbush has a "Neutral" rating and a $5.00 price objective on the stock. The consensus estimate for Lithium Americas' current full-year earnings is ($0.12) per share. Wedbush also issued estimates for Lithium Americas' Q2 2026 earnings at ($0.05) EPS, Q3 2026 earnings at ($0.06) EPS, Q4 2026 earnings at ($0.06) EPS and FY2026 earnings at ($0.22) EPS.

LAC has been the topic of a number of other reports. Cormark raised shares of Lithium Americas to a "moderate buy" rating in a report on Friday, January 17th. Scotiabank lowered their price objective on shares of Lithium Americas from $3.00 to $2.75 and set a "sector perform" rating for the company in a research report on Monday, March 31st. Finally, Piper Sandler cut their target price on shares of Lithium Americas from $3.90 to $3.50 and set a "neutral" rating on the stock in a report on Tuesday, January 7th. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Lithium Americas currently has a consensus rating of "Hold" and a consensus price target of $4.84.

Lithium Americas Price Performance

Shares of LAC stock traded down $0.15 on Tuesday, hitting $2.56. 5,770,759 shares of the stock traded hands, compared to its average volume of 5,669,886. The company's fifty day moving average is $2.91 and its 200 day moving average is $3.19. Lithium Americas has a 1-year low of $2.02 and a 1-year high of $7.71. The company has a market capitalization of $563.85 million, a PE ratio of -21.29 and a beta of 1.01.

Lithium Americas (NYSE:LAC - Get Free Report) last announced its quarterly earnings data on Friday, March 28th. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.09).

Institutional Investors Weigh In On Lithium Americas

A number of hedge funds have recently made changes to their positions in LAC. Centiva Capital LP increased its position in Lithium Americas by 71.7% in the 3rd quarter. Centiva Capital LP now owns 231,946 shares of the company's stock valued at $626,000 after acquiring an additional 96,896 shares during the period. HighTower Advisors LLC grew its stake in shares of Lithium Americas by 13.4% in the third quarter. HighTower Advisors LLC now owns 50,473 shares of the company's stock worth $138,000 after purchasing an additional 5,952 shares in the last quarter. HITE Hedge Asset Management LLC acquired a new position in shares of Lithium Americas during the third quarter valued at $787,000. National Bank of Canada FI raised its stake in shares of Lithium Americas by 13.2% during the third quarter. National Bank of Canada FI now owns 37,129 shares of the company's stock valued at $100,000 after purchasing an additional 4,340 shares in the last quarter. Finally, XTX Topco Ltd acquired a new stake in Lithium Americas in the third quarter worth about $133,000.

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.