Lithium Americas (Argentina) Corp. (LAAC)
NYSE: LAAC · IEX Real-Time Price · USD
4.890
+0.160 (3.38%)
At close: May 16, 2024, 4:00 PM
4.850
-0.040 (-0.82%)
After-hours: May 16, 2024, 7:46 PM EDT
LAAC Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for LAAC stock have an average target of 10, with a low estimate of 6.50 and a high estimate of 18.5. The average target predicts an increase of 104.50% from the current stock price of 4.89.
Analyst Consensus: Buy
* Price targets were last updated on Mar 22, 2024.
Analyst Ratings
The average analyst rating for LAAC stock from 5 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Hold | 2 | 3 | 3 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Hold → Buy Upgrades $8 | Hold → Buy | Upgrades | $8 | +63.60% | Mar 22, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy → Hold Downgrades $9 → $6.5 | Strong Buy → Hold | Downgrades | $9 → $6.5 | +32.92% | Jan 11, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $7.5 → $7 | Hold | Maintains | $7.5 → $7 | +43.15% | Nov 21, 2023 |
| Canaccord Genuity | Canaccord Genuity | Buy → Strong Buy Upgrades n/a | Buy → Strong Buy | Upgrades | n/a | n/a | Oct 31, 2023 |
| Deutsche Bank | Deutsche Bank | Strong Buy Initiates $11 | Strong Buy | Initiates | $11 | +124.95% | Oct 18, 2023 |
Financial Forecast
Revenue This Year
236.82M
Revenue Next Year
399.65M
from 236.82M
Increased by 68.76%
EPS This Year
0.42
from 0.11
Increased by 280.49%
EPS Next Year
1.06
from 0.42
Increased by 152.52%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 336.0M | 553.4M | 645.3M | 620.5M | 1.3B |
| Avg | 236.8M | 399.7M | 471.4M | 602.7M | 1.2B |
| Low | 153.9M | 315.0M | 362.6M | 579.1M | 1.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 133.7% | 61.5% | 31.6% | 108.7% |
| Avg | - | 68.8% | 17.9% | 27.9% | 102.7% |
| Low | - | 33.0% | -9.3% | 22.9% | 94.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.09 | 1.73 | 2.45 |
| Avg | 0.42 | 1.06 | 1.45 |
| Low | 0.09 | 0.64 | 0.70 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 892.7% | 313.9% | 131.5% |
| Avg | 280.5% | 152.5% | 37.2% |
| Low | -19.8% | 52.2% | -34.2% |
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.