Analysts Set Alcoa (NYSE:AA) Price Target at $48.83

Shares of Alcoa (NYSE:AA) have been assigned an average rating of “Hold” from the thirteen brokerages that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $48.25.

A number of equities research analysts have commented on AA shares. UBS Group lifted their target price on shares of Alcoa from $42.00 to $48.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $50.00 price objective (up previously from $45.00) on shares of Alcoa in a report on Thursday, January 8th. BMO Capital Markets upped their price objective on Alcoa from $35.00 to $37.00 and gave the company a “market perform” rating in a research report on Thursday, October 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of Alcoa in a report on Monday, December 29th. Finally, Wells Fargo & Company dropped their target price on Alcoa from $71.00 to $64.00 and set an “equal weight” rating on the stock in a research report on Friday.

Trending Headlines about Alcoa

Here are the key news stories impacting Alcoa this week:

• Positive Sentiment: Q4 beat on top and bottom lines; margin and cash‑flow improvements support the case for continued upside. Alcoa reported $1.26 EPS vs. $0.95 expected and $3.45B revenue vs. $3.28B, with higher adjusted EBITDA, stronger operating/free cash flow and reduced net debt. Alcoa Corporation Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Commodity tailwinds and volume upside: management is cashing in on higher aluminum prices and is targeting more output in 2026, which should help near‑term EBITDA and FCF if prices persist. Alcoa Cashes In On Higher Aluminum Prices, Eyes More Output In 2026
• Positive Sentiment: Portfolio actions and European pricing: Alcoa expects a ~$10/ton CBAM premium uplift in Europe for 2026 and is advancing the San Ciprián restart—potential revenue/margin tailwinds if realized. Alcoa expects $10/ton CBAM premium uplift in Europe for 2026 while advancing San Ciprián restart
• Positive Sentiment: Relative industry positioning: analysts and coverage note Alcoa looks better positioned vs. peers (e.g., Ryerson) thanks to stronger demand exposure, smelter restarts and healthier balance sheet. That can support investor preference for AA over higher‑leverage competitors. Alcoa vs. Ryerson: Which Aluminum Stock Should You Bet On?
• Neutral Sentiment: Full disclosure materials available: earnings call transcript, slide deck and presentation are posted—use these to drill into guidance assumptions (smelter ramps, alumina outlook, capex and FCF cadence). Alcoa Corporation (AA) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Analyst reactions mixed: Wells Fargo raised its price target to $71 but downgraded to Equal Weight—shows upside in some models yet caution on near‑term valuation/risk. (Analyst notes will influence short‑term flows.) Alcoa Earnings Send Shares Lower—Buy the Dip or Wait?
• Negative Sentiment: Guidance caused a sell‑the‑news reaction: management signaled some near‑term pressure on earnings and FCF, which appears to be the proximate cause of the post‑earnings pullback. That raises short‑term uncertainty for investors focused on immediate cash generation. Alcoa Earnings Send Shares Lower—Buy the Dip or Wait?
• Negative Sentiment: Operational uncertainty at specific assets: Alcoa won’t commit to restarting an Indiana smelter line, leaving some volume upside contingent on future decisions and timing. Alcoa Still Won’t Commit to Restarting Indiana Smelter Line
• Negative Sentiment: Sell ratings persist: J.P. Morgan reaffirmed a sell rating, signaling some sell‑side skepticism that could weigh on sentiment until guidance detail and execution are clearer. J.P. Morgan Reaffirms Their Sell Rating on Alcoa (AA)

Institutional Trading of Alcoa

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Raleigh Capital Management Inc. boosted its stake in shares of Alcoa by 52,500.0% during the 4th quarter. Raleigh Capital Management Inc. now owns 526 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 525 shares during the last quarter. CoreCap Advisors LLC increased its stake in shares of Alcoa by 74.1% in the 4th quarter. CoreCap Advisors LLC now owns 557 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 237 shares in the last quarter. Hilltop National Bank bought a new position in Alcoa in the 4th quarter worth $40,000. True Wealth Design LLC lifted its position in Alcoa by 2,281.3% during the fourth quarter. True Wealth Design LLC now owns 762 shares of the industrial products company’s stock valued at $40,000 after purchasing an additional 730 shares in the last quarter. Finally, Advisory Services Network LLC bought a new stake in Alcoa during the third quarter valued at about $27,000.

Alcoa Price Performance

NYSE AA opened at $62.28 on Monday. Alcoa has a one year low of $21.53 and a one year high of $66.95. The stock has a 50-day moving average of $50.94 and a 200 day moving average of $39.48. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.87 and a current ratio of 1.45. The company has a market capitalization of $16.13 billion, a price-to-earnings ratio of 14.09, a PEG ratio of 0.25 and a beta of 1.95.

Alcoa (NYSE:AA) last announced its quarterly earnings results on Thursday, January 22nd. The industrial products company reported $1.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.31. Alcoa had a net margin of 9.12% and a return on equity of 16.18%. The firm had revenue of $3.45 billion for the quarter, compared to the consensus estimate of $3.28 billion. During the same quarter last year, the firm posted $1.04 EPS. The business’s quarterly revenue was down 1.1% compared to the same quarter last year. On average, sell-side analysts forecast that Alcoa will post 4.43 EPS for the current year.

Alcoa Company Profile

Alcoa Corporation is a global industry leader in the production and management of aluminum, offering an integrated value chain that spans bauxite mining, alumina refining, primary aluminum smelting and the fabrication of value-added products. The company’s operations are organized into segments that include raw material extraction, chemical processing and the manufacture of metal mill products and engineered solutions.

Alcoa’s product portfolio serves diverse end markets such as aerospace, automotive, packaging, construction, electrical and industrial applications.