Stifel Canada Has Negative Forecast for LAR FY2026 Earnings

Key Points

• Stifel Canada has revised its FY2026 earnings per share estimate for Lithium Americas (Argentina) Corp. from $0.19 to $0.18, while the current consensus estimate is a loss of ($0.05) per share.
• Other analysts are showing mixed sentiments, with National Bank Financial upgrading the stock to "strong-buy," and BMO Capital Markets raising its price target from $2.50 to $4.00.
• Lithium Americas (Argentina) reported a loss of ($0.04) earnings per share for the last quarter, which was below analyst expectations of a loss of ($0.01).

Lithium Americas (Argentina) Corp. (NYSE:LAR - Free Report) - Investment analysts at Stifel Canada lowered their FY2026 earnings per share estimates for Lithium Americas (Argentina) in a research report issued to clients and investors on Monday, August 11th. Stifel Canada analyst C. Mcgill now forecasts that the company will post earnings of $0.18 per share for the year, down from their previous forecast of $0.19. The consensus estimate for Lithium Americas (Argentina)'s current full-year earnings is ($0.05) per share.

Other equities research analysts have also recently issued reports about the company. National Bankshares upgraded Lithium Americas (Argentina) from a "sector perform" rating to an "outperform" rating and increased their target price for the company from $2.90 to $4.50 in a report on Tuesday. National Bank Financial upgraded Lithium Americas (Argentina) from a "hold" rating to a "strong-buy" rating in a report on Monday. BMO Capital Markets increased their target price on Lithium Americas (Argentina) from $2.50 to $4.00 and gave the company a "market perform" rating in a report on Tuesday. Finally, Scotiabank reiterated a "sector perform" rating and issued a $3.50 price objective (up previously from $3.00) on shares of Lithium Americas (Argentina) in a report on Wednesday.

Lithium Americas (Argentina) Price Performance

Shares of Lithium Americas (Argentina) stock opened at $3.65 on Wednesday. The company has a market cap of $590.94 million and a price-to-earnings ratio of -52.14. The firm's 50-day moving average price is $2.43. Lithium Americas has a 12 month low of $1.71 and a 12 month high of $3.96.

Lithium Americas (Argentina) (NYSE:LAR - Get Free Report) last announced its earnings results on Wednesday, May 14th. The company reported ($0.04) earnings per share for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.03).

Hedge Funds Weigh In On Lithium Americas (Argentina)

Several large investors have recently made changes to their positions in LAR. Stratos Wealth Advisors LLC bought a new stake in Lithium Americas (Argentina) during the second quarter worth approximately $28,000. Sandhill Capital Partners LLC bought a new stake in Lithium Americas (Argentina) during the first quarter worth approximately $29,000. JPMorgan Chase & Co. bought a new stake in Lithium Americas (Argentina) during the second quarter worth approximately $37,000. HighTower Advisors LLC bought a new stake in Lithium Americas (Argentina) during the first quarter worth approximately $40,000. Finally, Cambridge Investment Research Advisors Inc. bought a new stake in Lithium Americas (Argentina) during the first quarter worth approximately $41,000. 49.17% of the stock is currently owned by hedge funds and other institutional investors.

About Lithium Americas (Argentina)

Lithium Argentina AG, a resource and materials company, focuses on advancing lithium projects in Argentina. The company owns interests in the Cauchari-Olaroz project located in Jujuy province; and the Pastos Grandes project located in Salta Province of Argentina. The company was formerly known as Lithium Americas (Argentina) Corp.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.