Lithium Americas (Argentina) Corp. (LAAC)
NYSE: LAAC · IEX Real-Time Price · USD
3.245
+0.135 (4.34%)
Jul 3, 2024, 10:24 AM EDT - Market open
LAAC Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for LAAC stock have an average target of 9.20, with a low estimate of 6.00 and a high estimate of 18.5. The average target predicts an increase of 183.51% from the current stock price of 3.25.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for LAAC stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 2 | 2 | 2 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| National Bank Financial Inc | National Bank Financial Inc | Hold Initiates $6 | Hold | Initiates | $6 | +84.90% | Jun 6, 2024 |
| Scotiabank | Scotiabank | Hold → Buy Upgrades $8 | Hold → Buy | Upgrades | $8 | +146.53% | Mar 22, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy → Hold Downgrades $9 → $6.5 | Strong Buy → Hold | Downgrades | $9 → $6.5 | +100.31% | Jan 11, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $7.5 → $7 | Hold | Maintains | $7.5 → $7 | +115.72% | Nov 21, 2023 |
| Canaccord Genuity | Canaccord Genuity | Buy → Strong Buy Upgrades n/a | Buy → Strong Buy | Upgrades | n/a | n/a | Oct 31, 2023 |
Financial Forecast
Revenue This Year
148.03M
Revenue Next Year
292.94M
from 148.03M
Increased by 97.89%
EPS This Year
0.28
from 0.11
Increased by 153.33%
EPS Next Year
0.83
from 0.28
Increased by 198.40%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 336.0M | 553.4M | 645.3M | 620.5M | 1.3B |
| Avg | 148.0M | 292.9M | 351.7M | 602.7M | 1.2B |
| Low | n/a | n/a | n/a | 579.1M | 1.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 273.8% | 120.3% | 76.4% | 108.7% |
| Avg | - | 97.9% | 20.1% | 71.4% | 102.7% |
| Low | - | - | - | 64.6% | 94.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.28 | 2.11 | 2.45 |
| Avg | 0.28 | 0.83 | 1.05 |
| Low | -0.26 | -0.08 | 0.08 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1,064.5% | 657.4% | 194.2% |
| Avg | 153.3% | 198.4% | 26.3% |
| Low | - | - | -90.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.