
LAC Stock Forecast & Price Target
LAC Analyst Ratings
Bulls say
Lithium Americas, a pure-play lithium producer, is set to benefit significantly from its Thacker Pass project in northwest Nevada, where the firm will own a 59% stake, alongside General Motors and the US government. Thacker Pass is poised to be one of the world's largest lithium resources, with production expected to begin in 2028, and it will introduce the first clay-based asset into operational status, potentially placing it in the lower half of the global cost curve. Management's strategy to develop Thacker Pass into a fully integrated production site with on-site refining capabilities aligns with the anticipated growth in the lithium chemical market, bolstering the company's long-term financial outlook.
Bears say
Lithium Americas faces significant development and construction risks at its Thacker Pass project, which may include cost overruns that could negatively impact financial performance. The company's reliance on General Motors as a joint venture partner, investor, and customer adds further financial vulnerability, particularly amid uncertainties surrounding lithium market growth and the potential for oversupply. Additionally, the novel deposit type at Thacker Pass raises concerns about the feasibility of achieving commercial-scale production, compounding the overall risk profile and leading to a negative outlook on the company's stock.
This aggregate rating is based on analysts' research of Lithium Americas Corp and is not a guaranteed prediction by Public.com or investment advice.
LAC Analyst Forecast & Price Prediction
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