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Stifel Canada Has Bearish Outlook for LAR FY2026 Earnings

Lithium Americas (Argentina) logo with Basic Materials background

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).
  • MarketBeat previews top five stocks to own in October.

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

Several other research firms also recently commented on LAR. National Bank Financial raised shares of Lithium Americas (Argentina) from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 11th. Scotiabank reissued a "sector perform" rating and set a $3.50 price target (up from $3.00) on shares of Lithium Americas (Argentina) in a research note on Wednesday, August 13th. BMO Capital Markets raised their target price on shares of Lithium Americas (Argentina) from $2.50 to $4.00 and gave the stock a "market perform" rating in a report on Tuesday, August 12th. Finally, National Bankshares upgraded shares of Lithium Americas (Argentina) from a "sector perform" rating to an "outperform" rating and raised their target price for the stock from $2.90 to $4.50 in a report on Tuesday, August 12th.

Get Our Latest Report on LAR

Lithium Americas (Argentina) Stock Down 0.9%

Shares of LAR stock traded down $0.03 during trading hours on Wednesday, hitting $3.29. 1,415,463 shares of the company's stock were exchanged, compared to its average volume of 1,143,181. The stock has a market capitalization of $532.65 million and a P/E ratio of -29.91. Lithium Americas has a 12-month low of $1.71 and a 12-month high of $3.96. The stock has a 50 day simple moving average of $2.52.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. CenterBook Partners LP bought a new position in shares of Lithium Americas (Argentina) in the first quarter worth approximately $4,613,000. Wealth Enhancement Advisory Services LLC bought a new stake in Lithium Americas (Argentina) in the first quarter valued at $592,000. D.A. Davidson & CO. bought a new position in Lithium Americas (Argentina) in the 1st quarter worth $57,000. Cambridge Investment Research Advisors Inc. bought a new position in Lithium Americas (Argentina) in the 1st quarter worth $41,000. Finally, Brown Advisory Inc. purchased a new stake in shares of Lithium Americas (Argentina) in the 1st quarter worth about $215,000. Institutional investors own 49.17% of the company's stock.

Lithium Americas (Argentina) Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for Lithium Americas (Argentina) (NYSE:LAR)

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