LAC Similar Chart Price Prediction
The price of LAC is predicted to go up -28.12%, based on the high correlation periods with ATEC. The similarity of these two price pattern on the periods is 93.98%.
LAC
ATEC
Down: -28.12%Similarity: 93.98%
LAC Revenue Forecast
LAC EPS Forecast
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LAC VS S&P500
As a lithium pure play, Lithium Americas is well positioned to increase profits from EV growth through lithium batteries.
The McDermitt Caldera is one of the largest lithium resources in the world, which will allow Thacker Pass to greatly expand long-term volumes above management's initial annual capacity target of 80,000 metric tons.
Lithium prices will remain well above the marginal cost of production through at least the remainder of the decade, leading to excess profits and return on invested capital for Lithium Americas.
LAC Analyst's Forecast
Charles Neivert
Piper Sandler
Hold
2025-01-07
Price Target
$3.9 → $3.5
Upside
+2.04%
Piper Sandler lowered the firm's price target on Lithium Americas to $3.50 from $3.90 and keeps a Neutral rating on the shares. The firm says its diminished growth outlook for chemicals is predicated on "several underlying fundamental factors largely emanating" from structural issues in the economies outside the U.S., especially Europe and Asia, with China's role dominating the outlook. Piper also sees significant downside risk based on some of the policies now being considered by the incoming Trump administration, primarily policies which will increase oil and gas production well beyond current levels and tariffs which might meet retaliatory pushback.
Daniel Ives
Wedbush
Hold
2024-12-19
Price Target
$5
Upside
+70.07%
Matthew Key
B. Riley Securities
Strong Buy
2024-11-12
Price Target
$4.5 → $5
Upside
+22.25%
