Lithium Americas Stock Jumps As Thacker Pass Turns Into America’s Big Lithium Test
Lithium Americas Corp. shares surged roughly 13% late Monday in U.S. trading, drawing investor focus back to its Thacker Pass lithium project in Nevada, which is backed by the U.S. government. The stock, listed in New York, was recently seen trading at $5.26, with volume topping 19 million shares. Why does 2026 stand out? That’s the year Thacker Pass needs to prove it can shift from policy promise to shovels in the ground. Last week, Wedbush started covering Lithium Americas, assigning a Neutral rating and setting the price target at $8. Analyst Sam Brandeis steps in for Dan Ives, with the firm describing fiscal 2026 as the “key year” for the project’s construction phase and highlighting execution risks before production ever begins.