Lithium Americas Corp (NewCo) [NYSE: LAC] price surged by 0.39 percent to reach at $4239997.41.
A sum of 4433979 shares traded at recent session while its average daily volume was at 4.24M shares. Lithium Americas Corp (NewCo) shares reached a high of $2.62 and dropped to a low of $2.52 until finishing in the latest session at $4240000.0.
The one-year LAC stock forecast points to a potential downside of -92778893.44. The average equity rating for LAC stock is currently 2.15, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Lithium Americas Corp [NewCo] [LAC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LAC shares is $4.57 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LAC stock is a recommendation set at 2.15. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Evercore ISI have made an estimate for Lithium Americas Corp (NewCo) shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on April 17, 2025. While these analysts kept the previous recommendation, Wedbush raised their target price to Neutral. The new note on the price target was released on December 19, 2024, representing the official price target for Lithium Americas Corp (NewCo) stock.
The Price to Book ratio for the last quarter was 973.78, with the Price to Cash per share for the same quarter was set at 0.00.
LAC Stock Performance Analysis:
Lithium Americas Corp (NewCo) [LAC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.76. With this latest performance, LAC shares dropped by -8.45% in over the last four-week period, additionally sinking by -11.56% over the last 6 months – not to mention a drop of -12.46% in the past year of trading.
Insight into Lithium Americas Corp [NewCo] Fundamentals:
Return on Equity for this stock declined to -6.46%, with Return on Assets sitting at -6.46%.
LAC Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LAC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Lithium Americas Corp (NewCo) go to -15.00%.
Lithium Americas Corp [NewCo] [LAC] Institutonal Ownership Details
There are presently around $29.33%, or 34.21% of LAC stock, in the hands of institutional investors. The top three institutional holders of LAC stocks are: GENERAL MOTORS HOLDINGS LLC with ownership of 15.0 million shares, which is approximately 7.3373%. GENERAL MOTORS HOLDINGS LLC, holding 15.0 million shares of the stock with an approximate value of $$48.01 million in LAC stocks shares; and GENERAL MOTORS HOLDINGS LLC, currently with $$10.59 million in LAC stock with ownership which is approximately 1.9334%.
