B. Riley Research Analysts Cut Earnings Estimates for LAAC

Lithium Americas (Argentina) Corp. (NYSE:LAAC) – Stock analysts at B. Riley lowered their FY2026 earnings estimates for Lithium Americas (Argentina) in a report issued on Thursday, November 7th. B. Riley analyst M. Key now anticipates that the company will earn $0.41 per share for the year, down from their prior forecast of $0.48. The consensus estimate for Lithium Americas (Argentina)’s current full-year earnings is ($0.02) per share.

Lithium Americas (Argentina) (NYSE:LAAC) last posted its quarterly earnings results on Tuesday, August 13th. The company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.02).

Other equities analysts have also issued reports about the stock. HSBC upgraded shares of Lithium Americas (Argentina) from a “hold” rating to a “buy” rating in a research report on Wednesday, August 14th. Scotiabank dropped their target price on shares of Lithium Americas (Argentina) from $8.00 to $4.25 and set a “sector outperform” rating for the company in a research report on Thursday, August 15th. Finally, Hsbc Global Res upgraded shares of Lithium Americas (Argentina) to a “strong-buy” rating in a research report on Wednesday, August 14th. Four research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $7.05.

Lithium Americas (Argentina) Price Performance

LAAC opened at $3.24 on Friday. The firm has a market cap of $524.61 million, a P/E ratio of 0.42 and a beta of 1.33. Lithium Americas has a 1-year low of $2.07 and a 1-year high of $6.69. The company has a 50 day simple moving average of $3.11 and a two-hundred day simple moving average of $3.49.

Institutional Investors Weigh In On Lithium Americas (Argentina)

Hedge funds have recently bought and sold shares of the business. Fairscale Capital LLC purchased a new stake in Lithium Americas (Argentina) during the second quarter valued at $31,000. Fifth Third Bancorp raised its stake in Lithium Americas (Argentina) by 67.9% during the second quarter. Fifth Third Bancorp now owns 9,895 shares of the company’s stock valued at $32,000 after purchasing an additional 4,000 shares in the last quarter. Ping Capital Management Inc. purchased a new stake in Lithium Americas (Argentina) during the second quarter valued at $35,000. Vanguard Personalized Indexing Management LLC purchased a new stake in Lithium Americas (Argentina) during the second quarter valued at $36,000. Finally, Legacy Capital Group California Inc. purchased a new stake in Lithium Americas (Argentina) during the third quarter valued at $36,000. Hedge funds and other institutional investors own 49.17% of the company’s stock.

Lithium Americas (Argentina) Company Profile

Lithium Americas (Argentina) Corp. operates as a resource company. The company explores for lithium deposits. The company owns interests in the Cauchari-Olaroz project located in Jujuy province of Argentina. It also has a pipeline of development and exploration stage projects, including the Pastos Grandes project and the Sal de la Puna project located in Salta Province in northwestern Argentina.