Scotiabank Has Bullish Estimate for TSE:LAR FY2026 Earnings

Lithium Americas (Argentina) Corp. (TSE:LAR) – Scotiabank boosted their FY2026 EPS estimates for shares of Lithium Americas (Argentina) in a research note issued to investors on Monday, April 6th. Scotiabank analyst B. Isaacson now forecasts that the company will earn $0.49 per share for the year, up from their previous estimate of $0.38. Scotiabank has a “Strong-Buy” rating on the stock. Scotiabank also issued estimates for Lithium Americas (Argentina)’s FY2027 earnings at $0.59 EPS.

Lithium Americas (Argentina) (TSE:LAR) last posted its earnings results on Monday, March 23rd. The company reported C$0.01 EPS for the quarter.

Other analysts also recently issued reports about the stock. HSBC raised shares of Lithium Americas (Argentina) to a “strong-buy” rating in a research report on Monday, January 19th. TD Securities boosted their target price on shares of Lithium Americas (Argentina) from C$7.00 to C$9.00 and gave the stock a “buy” rating in a research report on Tuesday, March 24th. Finally, Canaccord Genuity Group boosted their target price on shares of Lithium Americas (Argentina) from C$17.50 to C$17.75 and gave the stock a “buy” rating in a research report on Tuesday, March 24th. Three investment analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Strong Buy” and a consensus price target of C$13.38.

Lithium Americas (Argentina) Stock Down 1.4%

LAR stock opened at C$10.33 on Tuesday. The company has a market capitalization of C$1.68 billion, a price-to-earnings ratio of -21.98 and a beta of 1.75. Lithium Americas has a 12 month low of C$2.36 and a 12 month high of C$12.03. The firm has a 50 day moving average of C$9.60 and a two-hundred day moving average of C$8.06.

Insider Buying and Selling at Lithium Americas (Argentina)

In related news, insider Daniel Cherniak sold 30,977 shares of the company’s stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of C$10.57, for a total transaction of C$327,426.89. Following the completion of the sale, the insider directly owned 24,754 shares of the company’s stock, valued at approximately C$261,649.78. This represents a 55.58% decrease in their position. Also, insider Ignacio Celorrio sold 50,453 shares of the company’s stock in a transaction on Thursday, January 29th. The stock was sold at an average price of C$10.11, for a total transaction of C$510,079.83. Following the sale, the insider directly owned 324,110 shares of the company’s stock, valued at approximately C$3,276,752.10. This represents a 13.47% decrease in their ownership of the stock.

About Lithium Americas (Argentina)

Lithium Argentina is an emerging producer of lithium carbonate for use primarily in lithium-ion batteries and electric vehicles. The Company, in partnership with Ganfeng operates the Cauchari-Olaroz lithium brine operation in the Jujuy province of Argentina and advancing the PPG Project in the Salta province of Argentina. Lithium Argentina currently trades on the Toronto Stock Exchange (‘ TSX ‘) and the New York Stock Exchange (‘ NYSE ‘) under the ticker ‘LAR’.