Lithium Americas Corp. (LAC) Stock Price & Analysis
Lithium Americas Corp. (LAC) closed at USD 2.1 on Thursday, October 22, 2026, down 1.87% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 2.14; the Oct 22, 2026 session ranged USD 2.05–2.11 on volume of 7,317,895 shares. Market capitalization is $762.39M, with a 52-week range of USD 2.04–7 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 12:56 UTC.
Also available as compact Markdown for AI agents: nexqual.com/LAC.md
Key facts (LAC)
- Analysts: Buy (mean 2.42 on a 1–5 scale) (12 analysts), mean target USD 5.33 (range 2.5–10).
- Total return with dividends: 1Y -67.6% vs S&P 500 +14.9%; 5Y -81.7% vs S&P 500 +80.3%.
- Next earnings: 2026-11-13, EPS estimate USD -0.03, revenue estimate $0K.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (LAC)
| USD | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|
| Net income | -$5.1M | -$42.6M | -$86.3M | -$55.2M |
| EPS (diluted) | -$0.03 | -$0.21 | -$0.50 | — |
| Free cash flow | -$228M | -$191M | -$826M | -$1.08B |
| Cash + short-term investments | $196M | $594M | $568M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (LAC)
P/B 0.5x · FCF yield -141.50% · Earnings yield -7.24%
Analysts (LAC)
Consensus Buy (mean 2.42 on a 1–5 scale), 12 analysts; mean target USD 5.33 (low 2.5, high 10).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-14 | BMO Capital | Target lowered | Market Perform | $4.5 → $4 |
| 2026-07-01 | Goldman Sachs | Initiated | Neutral | $4.5 |
Total return (dividends reinvested) (LAC)
| 1Y (from 2025-10-23) | 5Y (from 2023-10-02) | |
|---|---|---|
| Total return | -67.6% | -81.7% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -67.7% | -42.6% |
| Volatility (annualized) | 67.2% | 82.7% |
| Max drawdown | -69.2% (Oct 2025→Oct 2026) | -81.7% (Oct 2023→Oct 2026) |
LAC suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | General Motors (GM) | “GM and the DOE have rights that may affect other security holders and the Company's actions with respect to the development of Thacker Pass through their respective investor and creditor rights, rights as a JV Partner (in the case of GM) and other rights” |
| Partner | Lithium Argentina AG (LAR) | “For example, under section 55 of the Tax Act, the Company and/or Lithium Argentina will recognize a taxable gain on the transfer by Old LAC of LAC North America if: (i) a "specified shareholder" of the Company or of Lithium Argentina disposes of Company or Lithium Argentina shares (or property that derives 10% or more of its fair market value from such shares or property substituted therefor) to an unrelated perso…” |
| Partner | NACCO INDUSTRIES INC (NC) | “In 2019, LN entered into a mine design, consulting and mining operations agreement with Sawtooth Mining, LLC ("Sawtooth Mining"), a subsidiary of NACCO Industries Inc. and North American Coal.” |
| Partner | Target Hospitality Corp. (TH) | “In 2025, the Company entered into an agreement with Target Hospitality Corp. for the design, installation, maintenance and operation of Company's WFH located in Winnemucca, Nevada.” |
Quoted from the company's 10-K filed Mar 19, 2026.
Companies that name LAC in their SEC reports
| Relationship to LAC | Company | Filing | Sentence |
|---|---|---|---|
| partner | NACCO INDUSTRIES INC (NC) | 10-K Mar 4, 2026 | “Thacker Pass is owned by a joint venture between Lithium Americas Corp. (TSX:LAC) (NYSE: LAC) and General Motors Holdings LLC.” |
LAC company outlook (results filed Aug 13, 2026)
- “Outstanding long-lead items are expected to be delivered throughout 2026, along with other equipment and construction materials. o Over 85% of the structural steel for Thacker Pass, which is sourced from the United Arab Emirates, is in transit or has arrived on site at Thacker Pass or the laydown yard in Winnemucca.”
- “The balance is expected in Q3 2026.”
Quoted word-for-word from the SEC 8-K results press release.
LAC analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $-0.03 | $-0.06 | -50.0% | $0 | 2 |
| Next quarter (ends Dec 2026) | $-0.07 | $-0.07 | -4.2% | $0 | 3 |
| Current fiscal year (ends Dec 2026) | $-0.07 | $-0.14 | -54.7% | $0 | 2 |
| Next fiscal year (ends Dec 2027) | $-0.15 | $-0.18 | -20.5% | $0 | 4 |
LAC options: expected move
Options price a move of about ±15.3% (±$0.32) by Nov 13, 2026, which includes earnings on Nov 13, 2026; the earnings reaction alone is priced at about ±8.1%. Over the last 7 reports the stock moved ±7.1% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 30, 2026 | 7 | 69.1% | ±8.9% |
| Nov 6, 2026 | 14 | 66.4% | ±11.3% |
| Nov 13, 2026 | 21 | 77.0% | ±15.3% |
| Nov 20, 2026 | 28 | 66.5% | ±15.3% |
| Nov 27, 2026 | 35 | 63.4% | ±16.0% |
| Dec 18, 2026 | 56 | 65.0% | ±20.3% |
| Jan 15, 2027 | 84 | 66.5% | ±25.4% |
| Feb 19, 2027 | 119 | 66.5% | ±29.9% |
30-day implied volatility 65.3% vs 43.8% realized over the last 30 trading days. Put/call ratio (volume) 0.1. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 12:56 UTC)
| Price | USD 2.1 |
|---|---|
| Change | ▼ 1.87% (down) |
| Previous Close | USD 2.14 |
| Open | USD 2.08 |
| Day Range | USD 2.05 – 2.11 |
| 52-Week Range | USD 2.04 – 7 |
| Volume | 7,317,895 shares |
| Market Cap | $762.39M |
| Exchange | NYQ |
Technical Analysis (LAC)
Nexqual's technical model rates LAC "SELL" based on 2 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 12:56 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 27.15 (oversold) |
| vs SMA50 | Below (USD 2.77) |
| MACD | -0.2 (negative) |
Analyst Ratings (LAC)
Wall Street analysts rate LAC "Buy" based on 12 analysts, with a mean price target of USD 5.33 (range USD 2.5–10), per Nexqual as of October 23, 2026 at 12:56 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 12 |
| Mean Target | USD 5.33 |
| High Target | USD 10 |
| Low Target | USD 2.5 |
| Buy / Hold / Sell | 4 / 8 / 0 |
Earnings (LAC)
| Next Earnings Date | 2026-11-13 |
|---|---|
| EPS Estimate | USD -0.03 |
| Revenue Estimate | $0 |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD -0.02 vs est -0.05 ▲ beat |
| 2026-03-31 | USD -0.03 vs est -0.05 ▲ beat |
| 2025-12-31 | USD -0.25 vs est -0.06 ▼ miss |
| 2025-09-30 | USD -0.03 vs est -0.05 ▲ beat |
Source: Nexqual, October 23, 2026 at 12:56 UTC.
Financials & Fundamentals (LAC)
| Gross Margin | +0.00% |
|---|---|
| Operating Margin | +0.00% |
| Profit Margin | +0.00% |
| ROE | -3.70% |
| Debt / Equity | 0.6 |
| Current Ratio | 5.47 |
| Total Cash | $822.78M |
| Total Debt | $1.16B |
Source: Nexqual, October 23, 2026 at 12:56 UTC.
Financial Health Score (LAC)
Nexqual rates Lithium Americas Corp.'s overall financial health "Weak" across five dimensions, as of October 23, 2026 at 12:56 UTC.
| Growth | Mixed — No data |
|---|---|
| Profitability | Weak — Pre-revenue or very early stage |
| Balance Sheet | Strong — $823M cash vs $1.16B debt |
| Cash Flow | Weak — Operating cash flow -$61M (FY ended Dec 2025, 10-K) |
| Efficiency | Critical — ROE -4%, ROA -1.7% |
Ownership (LAC)
| Insider Ownership | +6.70% |
|---|---|
| Institutional Ownership | +31.36% |
| Shares Outstanding | 363.04M |
| Float | 346.36M |
| Short % of Float | +10.19% |
Source: Nexqual, October 23, 2026 at 12:56 UTC.
Leadership (LAC)
Lithium Americas Corp. is led by Jonathan David Evans, President, CEO & Director, per Nexqual as of October 23, 2026 at 12:56 UTC.
| President, CEO & Director | Jonathan David Evans |
|---|---|
| Executive Chairman of Board | Kelvin Paul Michael Dushnisky B.Sc. (Hon.) |
| Executive Vice President of Capital Projects & Operation | Richard Gerspacher |
| Executive VP & CFO | Brandin Luke Colton |
| Vice President of Investor Relations & ESG | Virginia Morgan |
Major Backers & Investors (LAC)
Notable institutional backers of Lithium Americas Corp. include Van Eck Associates Corporation, General Motors Holdings LLC, Ameriprise Financial, Inc., according to Nexqual as of October 23, 2026 at 12:56 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Van Eck Associates Corporation | 6.02% |
| General Motors Holdings LLC | 3.98% |
| Ameriprise Financial, Inc. | 3.52% |
| VanEck ETF Trust-VanEck Rare Earth and Strategic Metals ETF | 3.49% |
| Two Sigma Investments, LP | 1.61% |
| Morgan Stanley | 1.5% |
| Shaw D.E. & Co., Inc. | 1.08% |
| Marshall Wace LLP | 1.05% |
Source: Nexqual, October 23, 2026 at 12:56 UTC.
Legal & Regulatory Risks from Lithium Americas Corp.'s Latest 10-K (filed 2026-03-19)
- The Company cannot guarantee that the validity of its unpatented mining claims will not be contested. A successful contest of the unpatented mining claims could result in the Company being unable to develop minerals on the contested unpatented mining claims or being unable to exercise its rights as the owner or locater of the unpatented mining claims.
- Increased attention to, and societal expectations on companies to address, climate change and other environmental and social impacts, investor, regulatory and societal expectations regarding voluntary and mandatory sustainability-related disclosures may result in increased costs, reduced profits, increased investigations and litigation, negative impacts on stock price and reduced access to capital.
Source: SEC EDGAR 10-K, Item 1A, official filing.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| NEXA | Nexa Resources S.A. | USD 11.16 | ▼ 7.77% |
| SSMR | Sunshine Silver Mining & Refini | USD 13.17 | ▼ 0.83% |
| ALM | Almonty Industries Inc. | USD 8.75 | ▼ 6.32% |
| USAR | USA Rare Earth, Inc. | USD 9.63 | ▼ 5.87% |
| SKE | Skeena Resources Limited | USD 28.74 | ▼ 9.25% |
| MTRN | Materion Corporation | USD 219.12 | ▼ 12.43% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 12:56 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt