Lithium Americas Corp. (LAC)
NYSE: LAC · IEX Real-Time Price · USD
2.530
-0.120 (-4.53%)
At close: Jul 2, 2024, 4:00 PM
2.560
+0.030 (1.19%)
After-hours: Jul 2, 2024, 7:59 PM EDT
Lithium Americas Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Lithium Americas stock have an average target of 12.2, with a low estimate of 5.10 and a high estimate of 29. The average target predicts an increase of 382.21% from the current stock price of 2.53.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for LAC stock from 8 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 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 3 | 3 | 3 | 3 |
| Hold | 2 | 2 | 2 | 3 | 3 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 7 | 7 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| National Bank Financial Inc | National Bank Financial Inc | Hold Initiates $7 | Hold | Initiates | $7 | +176.68% | Jun 6, 2024 |
| HSBC | HSBC | Hold Maintains $6.5 → $5.1 | Hold | Maintains | $6.5 → $5.1 | +101.58% | Apr 19, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $13 → $9 | Buy | Maintains | $13 → $9 | +255.73% | Mar 15, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $7 → $5.5 | Hold | Maintains | $7 → $5.5 | +117.39% | Feb 8, 2024 |
| JP Morgan | JP Morgan | Hold Initiates $7 | Hold | Initiates | $7 | +176.68% | Dec 11, 2023 |
Financial Forecast
Revenue This Year
n/a
Revenue Next Year
n/a
EPS This Year
-0.19
from -0.02
EPS Next Year
-0.03
from -0.19
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | n/a | n/a | n/a | 424.9M | 633.7M |
| Avg | n/a | n/a | n/a | 253.7M | 607.8M |
| Low | n/a | n/a | n/a | 77.1M | 588.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | 149.8% |
| Avg | - | - | - | - | 139.6% |
| Low | - | - | - | - | 131.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.20 | -0.03 | -0.04 | -0.24 | 0.87 |
| Avg | -0.19 | -0.03 | -0.04 | -0.23 | 0.84 |
| Low | -0.19 | -0.03 | -0.04 | -0.23 | 0.81 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | - |
| Avg | - | - | - | - | - |
| Low | - | - | - | - | - |
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.