Lithium Americas (NYSE:LAC) Stock Rating Cut to “Strong Sell” at Wall Street Zen

Wall Street Zen downgraded shares of Lithium Americas (NYSE:LAC) from a sell rating to a strong sell rating in a research note released on Saturday,Wall Street Zen reports.

Several other brokerages have also commented on LAC. Weiss Ratings restated a “sell (d-)” rating on shares of Lithium Americas in a research note on Thursday, October 22nd. BMO Capital Markets set a $3.50 price objective on Lithium Americas in a report on Tuesday, October 6th. Canaccord Genuity Group upgraded Lithium Americas from a “hold” rating to a “speculative buy” rating in a report on Thursday, October 15th. Finally, JPMorgan Chase & Co. reduced their price objective on Lithium Americas from $6.00 to $5.00 and set an “overweight” rating on the stock in a research note on Friday. Four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $5.08.

Lithium Americas Trading Down 8.9%

Shares of LAC traded down $0.14 during mid-day trading on Friday, reaching $1.49. The company had a trading volume of 15,304,242 shares, compared to its average volume of 8,499,986. Lithium Americas has a fifty-two week low of $1.48 and a fifty-two week high of $6.96. The firm has a fifty day simple moving average of $2.39 and a 200-day simple moving average of $3.75. The stock has a market cap of $539.11 million, a price-to-earnings ratio of 3.62 and a beta of 2.74. The company has a current ratio of 5.47, a quick ratio of 5.47 and a debt-to-equity ratio of 0.81.

Lithium Americas (NYSE:LAC) last issued its earnings results on Thursday, November 12th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.15. On average, sell-side analysts anticipate that Lithium Americas will post -0.07 EPS for the current fiscal year.

Institutional Investors Weigh In On Lithium Americas

Several institutional investors and hedge funds have recently modified their holdings of LAC. Marshall Wace LLP lifted its stake in shares of Lithium Americas by 70.0% in the third quarter. Marshall Wace LLP now owns 6,724,736 shares of the company’s stock worth $17,706,000 after acquiring an additional 2,768,972 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Lithium Americas by 229.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 565,135 shares of the company’s stock valued at $2,231,000 after purchasing an additional 393,842 shares in the last quarter. Engineers Gate Manager LP acquired a new stake in Lithium Americas during the 2nd quarter valued at approximately $838,000. Alps Advisors Inc. grew its stake in Lithium Americas by 16.8% during the 3rd quarter. Alps Advisors Inc. now owns 1,328,620 shares of the company’s stock valued at $3,494,000 after purchasing an additional 190,815 shares in the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its holdings in Lithium Americas by 37.2% during the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 510,480 shares of the company’s stock worth $1,345,000 after purchasing an additional 138,459 shares during the last quarter.

Trending Headlines about Lithium Americas

Here are a few of the latest headlines about LAC:

• Positive Sentiment: Lithium Americas said construction at Thacker Pass is progressing, with equipment procurement more than 90% complete. Phase 1 is targeted for completion in late 2027, with ramp-up expected in 2028; the company also highlighted its strong cash position. Article: Lithium Americas Reports Q3 Results and Strong Cash Position
• Negative Sentiment: Thacker Pass Phase 1’s capital estimate is now US$3.83 billion, raising investor concern about project economics and funding needs. The project is planned to produce 40,000 tonnes of lithium carbonate annually at scale. Article: Lithium Americas Q3 2026: Thacker Pass Cost Blows Past $3.8 Billion
• Negative Sentiment: JPMorgan cut its price target to $5 from $6, signaling a more cautious valuation view. It nevertheless maintained an “overweight” rating, and the revised target remains well above the cited share price. Article: JPMorgan price-target update

About Lithium Americas

Lithium Americas Corp. is a Canadian company focused on developing lithium resources in North America. Its principal project is Thacker Pass, a lithium deposit in Humboldt County, Nevada, where the company plans to mine and process lithium-bearing claystone. The planned operation is designed to produce lithium carbonate for use in electric-vehicle batteries and energy storage systems. The project is intended to serve the North American battery supply chain; Lithium Americas is developing the resource rather than operating it as a producing mine.