Lithium Americas (LAAC) Stock Forecast, Price Target & Predictions


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LAAC Stock Forecast


Lithium Americas stock forecast is as follows: an average price target of $3.88 (represents a 39.07% upside from LAAC’s last price of $2.79) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.

LAAC Price Target


The average price target for Lithium Americas (LAAC) is $3.88 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $4.25 to $3.50. This represents a potential 39.07% upside from LAAC's last price of $2.79.

LAAC Analyst Ratings


Buy

According to 5 Wall Street analysts, Lithium Americas's rating consensus is 'Buy'. The analyst rating breakdown for LAAC stock is 0 'Strong Buy' (0.00%), 4 'Buy' (80.00%), 1 'Hold' (20.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Lithium Americas Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 15, 2024Ben IsaacsonScotiabank$4.25$2.5268.65%52.33%
Aug 14, 2024Santhosh SeshadriHSBC$3.50$2.5437.80%25.45%
Mar 22, 2024Ben IsaacsonScotiabank$8.00$5.0060.00%186.74%
Mar 22, 2024Ben IsaacsonScotiabank$8.00$5.0060.00%186.74%
Oct 04, 2023Joel JacksonLoop Capital Markets$7.50$6.0923.15%168.82%

The latest Lithium Americas stock forecast, released on Aug 15, 2024 by Ben Isaacson from Scotiabank, set a price target of $4.25, which represents a 68.65% increase from the stock price at the time of the forecast ($2.52), and a 52.33% increase from LAAC last price ($2.79).

Lithium Americas Price Target by Period


1M3M12M
# Anlaysts--4
Avg Price Target--$5.94
Last Closing Price$2.79$2.79$2.79
Upside/Downside-100.00%-100.00%112.90%

In the current month, the average price target of Lithium Americas stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Lithium Americas's last price of $2.79. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 15, 2024ScotiabankOutperformOutperformHold
Aug 15, 2024ScotiabankSector OutperformSector OutperformHold
Aug 14, 2024Cowen & Co.BuyBuyHold
Aug 14, 2024HSBCBuyUpgrade
Jun 05, 2024National BankSector PerformInitialise
Mar 22, 2024ScotiabankSector OutperformUpgrade
Oct 31, 2023Canaccord GenuityBuyUpgrade

Lithium Americas's last stock rating was published by Scotiabank on Aug 15, 2024. The company gave LAAC a "Outperform" rating, the same as its previous rate.

Lithium Americas Financial Forecast


Lithium Americas Revenue Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Mar 20Dec 19Sep 19Jun 19
Revenue-------------------------$-4.30M$1.53M$1.49M
Avg Forecast------------$53.45M$46.58M$34.34M$28.25M$24.30M$24.75M$9.00M$24.00M$20.00M$10.41M$91.90M$91.90M$1.80M$1.80M$1.55M$1.60M
High Forecast------------$53.45M$46.58M$34.34M$28.25M$24.30M$24.75M$9.00M$24.00M$20.00M$10.41M$91.90M$91.90M$1.80M$1.80M$1.55M$1.60M
Low Forecast------------$53.45M$46.58M$34.34M$28.25M$24.30M$24.75M$9.00M$24.00M$20.00M$10.41M$91.90M$91.90M$1.80M$1.80M$1.55M$1.60M
# Analysts------------1111111111111111
Surprise %--------------------------2.39%0.99%0.93%

Lithium Americas's average Quarter revenue forecast for Mar 20 based on 1 analysts is $1.80M, with a low forecast of $1.80M, and a high forecast of $1.80M. LAAC's average Quarter revenue forecast represents a -141.84% decrease compared to the company's last Quarter revenue of $-4.30M (Dec 19).

Lithium Americas EBITDA Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Mar 20Dec 19Sep 19Jun 19
# Analysts------------1111111111111111
EBITDA---------------------$6.00M$-707.00K$-5.78M$-9.99M$-4.49M$72.19M$-5.04M
Avg Forecast----------------------------
High Forecast----------------------------
Low Forecast----------------------------
Surprise %----------------------------

1 analysts predict LAAC's average Quarter EBITDA for Dec 23 to be -, with a high of - and a low of -. This is -100.00% lower than Lithium Americas's previous annual EBITDA (Sep 23) of $6.00M.

Lithium Americas Net Income Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Mar 20Dec 19Sep 19Jun 19
# Analysts------------1111111111111111
Net Income---------------------$6.62M$25.81M$-6.40M$-14.02M$-6.18M$68.97M$-6.65M
Avg Forecast$34.10M$32.79M$30.14M$23.44M$13.40M$13.29M$12.80M$12.00M$19.58M$18.16M$16.61M$13.88M$12.12M$9.24M$4.91M$2.08M$-4.86M$-165.32K$3.29M$2.79M$5.37M$201.97K$-3.23M$-3.71M$-5.44M$-7.56M$-4.46M$-4.63M
High Forecast$34.10M$32.79M$30.14M$23.44M$13.40M$13.29M$12.80M$12.00M$19.58M$18.16M$16.61M$13.88M$12.12M$9.24M$4.91M$2.08M$-3.24M$-165.32K$3.29M$2.79M$18.78M$201.97K$-3.23M$-3.71M$-5.44M$-7.56M$-4.46M$-4.63M
Low Forecast$34.10M$32.79M$30.14M$23.44M$13.40M$13.29M$12.80M$12.00M$19.58M$18.16M$16.61M$13.88M$12.12M$9.24M$4.91M$2.08M$-6.48M$-165.32K$3.29M$2.79M$-8.05M$201.97K$-3.23M$-3.71M$-5.44M$-7.56M$-4.46M$-4.63M
Surprise %---------------------32.78%-8.00%1.72%2.58%0.82%-15.46%1.44%

Lithium Americas's average Quarter net income forecast for Dec 23 is $5.37M, with a range of $-8.05M to $18.78M. LAAC's average Quarter net income forecast represents a -18.96% decrease compared to the company's last Quarter net income of $6.62M (Sep 23).

Lithium Americas SG&A Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Mar 20Dec 19Sep 19Jun 19
# Analysts------------1111111111111111
SG&A---------------------$5.25M$9.09M$6.79M$4.86M$1.92M$1.57M$4.71M
Avg Forecast----------------------------
High Forecast----------------------------
Low Forecast----------------------------
Surprise %----------------------------

Lithium Americas's average Quarter SG&A projection for Dec 23 is -, based on 1 Wall Street analysts, with a range of - to -. The forecast indicates a -100.00% fall compared to LAAC last annual SG&A of $5.25M (Sep 23).

Lithium Americas EPS Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Mar 20Dec 19Sep 19Jun 19
# Analysts------------1111111111111111
EPS---------------------$0.04$0.16$-0.04$-0.16$-0.07$0.77$-0.07
Avg Forecast$0.21$0.20$0.19$0.15$0.08$0.08$0.08$0.07$0.12$0.11$0.10$0.09$0.08$0.06$0.03$0.01$-0.03$-0.00$0.02$0.02$0.03-$-0.02$-0.02$-0.03$-0.05$-0.03$-0.03
High Forecast$0.21$0.20$0.19$0.15$0.08$0.08$0.08$0.07$0.12$0.11$0.10$0.09$0.08$0.06$0.03$0.01$-0.02$-0.00$0.02$0.02$0.12-$-0.02$-0.02$-0.03$-0.05$-0.03$-0.03
Low Forecast$0.21$0.20$0.19$0.15$0.08$0.08$0.08$0.07$0.12$0.11$0.10$0.09$0.08$0.06$0.03$0.01$-0.04$-0.00$0.02$0.02$-0.05-$-0.02$-0.02$-0.03$-0.05$-0.03$-0.03
Surprise %---------------------31.97%-8.01%1.95%4.89%1.52%-28.68%2.68%

According to 1 Wall Street analysts, Lithium Americas's projected average Quarter EPS for Dec 23 is $0.03, with a low estimate of $-0.05 and a high estimate of $0.12. This represents a -16.91% decrease compared to LAAC previous annual EPS of $0.04 (Sep 23).

LAAC Forecast FAQ


Is Lithium Americas a good buy?

Yes, according to 5 Wall Street analysts, Lithium Americas (LAAC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 80.00% of LAAC's total ratings.

What is LAAC's price target?

Lithium Americas (LAAC) average price target is $3.88 with a range of $3.5 to $4.25, implying a 39.07% from its last price of $2.79. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Lithium Americas stock go up soon?

According to Wall Street analysts' prediction for LAAC stock, the company can go up by 39.07% (from the last price of $2.79 to the average price target of $3.88), up by 52.33% based on the highest stock price target, and up by 25.45% based on the lowest stock price target.

Can Lithium Americas stock reach $4?

LAAC's highest twelve months analyst stock price target of $4.25 supports the claim that Lithium Americas can reach $4 in the near future.

What are Lithium Americas's analysts' financial forecasts?

Lithium Americas's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $0 (high $0, low $0), average EBITDA is $0 (high $0, low $0), average net income is $51.49M (high $51.49M, low $51.49M), average SG&A $0 (high $0, low $0), and average EPS is $0.319 (high $0.319, low $0.319). LAAC's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $0 (high $0, low $0), average EBITDA is $0 (high $0, low $0), average net income is $120.47M (high $120.47M, low $120.47M), average SG&A $0 (high $0, low $0), and average EPS is $0.746 (high $0.746, low $0.746).

Did the LAAC's actual financial results beat the analysts' financial forecasts?

In terms of the last quarterly report (Dec 2019), Lithium Americas's revenue was $-4.302M, missing the average analysts' forecast of $1.8M by -339.00%. The company's EBITDA was $-4.486M, beating the average prediction of $0 by 0%. Lithium Americas's net income was $-6.181M, missing the average estimation of $-7.555M by -18.19%. The company's SG&A was $1.92M, beating the average forecast of $0 by 0%. Lastly, the company's EPS was $-0.0689, beating the average prediction of $-0.0455 by 51.56%