What is Cormark’s Forecast for LAR FY2026 Earnings?

Lithium Americas (Argentina) Corp. (NYSE:LAR) – Stock analysts at Cormark boosted their FY2026 earnings estimates for shares of Lithium Americas (Argentina) in a report released on Tuesday, November 18th. Cormark analyst M. Whale now forecasts that the company will post earnings of $0.11 per share for the year, up from their previous forecast of $0.10. Cormark currently has a “Moderate Buy” rating on the stock. The consensus estimate for Lithium Americas (Argentina)’s current full-year earnings is ($0.05) per share.

Lithium Americas (Argentina) (NYSE:LAR) last issued its earnings results on Monday, November 10th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.01).

Several other research analysts also recently commented on the company. BMO Capital Markets lifted their target price on Lithium Americas (Argentina) from $2.50 to $4.00 and gave the stock a “market perform” rating in a research note on Tuesday, August 12th. Scotiabank raised their price target on Lithium Americas (Argentina) from $3.50 to $4.25 and gave the company a “sector perform” rating in a report on Wednesday, November 12th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Lithium Americas (Argentina) in a research report on Wednesday, October 8th. National Bankshares raised shares of Lithium Americas (Argentina) from a “sector perform” rating to an “outperform” rating and increased their price objective for the company from $2.90 to $4.50 in a research report on Tuesday, August 12th. Finally, Zacks Research upgraded shares of Lithium Americas (Argentina) from a “strong sell” rating to a “hold” rating in a research note on Monday, September 15th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $4.25.

Lithium Americas (Argentina) Stock Down 5.8%

Shares of NYSE LAR opened at $4.90 on Thursday. The business’s 50 day moving average price is $4.14 and its two-hundred day moving average price is $3.09. The company has a market cap of $795.27 million and a PE ratio of -9.80. Lithium Americas has a twelve month low of $1.71 and a twelve month high of $5.66.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Van ECK Associates Corp lifted its holdings in shares of Lithium Americas (Argentina) by 119.3% during the third quarter. Van ECK Associates Corp now owns 9,594,157 shares of the company’s stock worth $32,045,000 after buying an additional 5,219,416 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Lithium Americas (Argentina) in the first quarter valued at about $9,308,000. Hancock Prospecting Pty Ltd acquired a new position in shares of Lithium Americas (Argentina) in the first quarter valued at about $5,368,000. CenterBook Partners LP increased its position in Lithium Americas (Argentina) by 102.1% during the third quarter. CenterBook Partners LP now owns 4,200,238 shares of the company’s stock worth $14,029,000 after acquiring an additional 2,122,035 shares during the period. Finally, Seldon Capital LP acquired a new stake in Lithium Americas (Argentina) in the 3rd quarter worth about $6,076,000. Institutional investors own 49.17% of the company’s stock.

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.