Lac stock forecast 2025 institutional accumulation trends show

Institutional accumulation trends show steady inflows into LAC, supporting a positive stock forecast for 2025, especially with ETF rebalancing likely to include lithium exposures. Shares of Vancouver-based Lithium Americas Corp. (TSX: LAC) spiked on Oct. 1 after the miner announced an agreement for the U.S. Department of Energy (DOE) to acquire a five per cent equity stake in the company, plus a five per cent stake in its Thacker Pass lithium joint venture with General Motors Co. in Nevada. This allows LAC to get an advance of about US$435 million and delay US$182 million of debt service on a US$2.26 billion DOE loan. But several analysts were skeptical about the deal, with Bank of Montreal (BMO) analysts characterizing it as “the DOE is receiving essentially free stakes in Thacker Pass and LAC in return for loan repayment deferrals,” in a note. “It’s hard to spin this transaction as anything other than what it is: dilutive” for shareholders, Bank of Nova Scotia analyst Ben Isaacson wrote in a note. “We believe that the recent run-up in the stock price is overdone,” Canaccord Genuity Corp. Canada analysts wrote in a note to clients. Still, analysts maintained or raised their price targets. BMO raised its target price from US$3.50 to US$5. Canaccord Genuity maintained its price target at C$6.50. Stifel Nicolaus maintained its price target at C$7. Scotiabank maintained its price target at US$2.75. Wedbush Securities raised its price target from US$5 to US$8. On Friday, the company’s Toronto-listed stock closed at $12.64 and is up nearly 195 per cent this year. For the full year, the Zacks Consensus Estimates are projecting earnings of -$0.18 per share and revenue of $0 million, which would represent changes of +14.29% and 0%, respectively, from the prior year. Price momentum indicators place LAC stock forecast 2025 in a potential upward channel, contingent on positive Q4 2024 earnings and stable lithium prices above $25,000 per tonne.