Wedbush Comments on Lithium Americas’ Q1 Earnings (NYSE:LAC)

Lithium Americas Corp. (NYSE:LAC) – Equities researchers at Wedbush issued their Q1 2026 earnings estimates for Lithium Americas in a report released on Monday, March 31st. Wedbush analyst D. Ives expects that the company will post earnings per share of ($0.05) 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.

Lithium Americas (NYSE:LAC) last issued its quarterly earnings data on Friday, March 28th. The company reported ($0.11) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.09).

A number of other equities analysts have also issued reports on LAC. Scotiabank cut their target price on Lithium Americas from $3.00 to $2.75 and set a “sector perform” rating on the stock in a research report on Monday. Piper Sandler reduced their price objective on shares of Lithium Americas from $3.90 to $3.50 and set a “neutral” rating on the stock in a research note on Tuesday, January 7th. Finally, Cormark raised shares of Lithium Americas to a “moderate buy” rating in a research report on Friday, January 17th. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $4.84.

Lithium Americas Stock Performance

Shares of LAC opened at $2.77 on Tuesday. The company has a market capitalization of $611.30 million, a P/E ratio of -23.08 and a beta of 1.77. Lithium Americas has a one year low of $2.02 and a one year high of $7.71. The stock has a 50-day moving average price of $2.93 and a 200 day moving average price of $3.18.

Institutional Investors Weigh In On Lithium Americas

A number of institutional investors have recently modified their holdings of the business. Mackenzie Financial Corp boosted its stake in Lithium Americas by 3.9% in the fourth quarter. Mackenzie Financial Corp now owns 87,701 shares of the company’s stock valued at $262,000 after acquiring an additional 3,310 shares during the period. National Bank of Canada FI grew its stake in Lithium Americas by 13.2% during the 3rd quarter. National Bank of Canada FI now owns 37,129 shares of the company’s stock worth $100,000 after buying an additional 4,340 shares during the last quarter. Ameriprise Financial Inc. increased its position in Lithium Americas by 4.4% in the fourth quarter. Ameriprise Financial Inc. now owns 104,207 shares of the company’s stock worth $309,000 after buying an additional 4,379 shares during the period. Allworth Financial LP lifted its stake in Lithium Americas by 99.4% in the fourth quarter. Allworth Financial LP now owns 9,814 shares of the company’s stock valued at $31,000 after buying an additional 4,893 shares during the last quarter. Finally, Perigon Wealth Management LLC boosted its holdings in shares of Lithium Americas by 46.2% during the fourth quarter. Perigon Wealth Management LLC now owns 15,824 shares of the company’s stock valued at $47,000 after acquiring an additional 5,000 shares during the period.

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.