JPMorgan Chase & Co. Cuts Alcoa (NYSE:AA) Price Target to $52.00

Alcoa (NYSE:AA) had its price objective reduced by JPMorgan Chase & Co. from $55.00 to $52.00 in a research note published on Friday,Benzinga reports. They currently have a neutral rating on the industrial products company’s stock.

Several other equities research analysts also recently issued reports on the stock. Argus set a $73.00 price objective on shares of Alcoa in a research report on Monday, April 27th. BMO Capital Markets dropped their price objective on shares of Alcoa from $60.00 to $55.00 and set a “market perform” rating on the stock in a report on Friday. B. Riley Financial reduced their target price on shares of Alcoa from $92.00 to $80.00 and set a “buy” rating for the company in a research note on Tuesday, July 7th. Wall Street Zen cut Alcoa from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, UBS Group dropped their price target on Alcoa from $80.00 to $68.00 and set a “buy” rating on the stock in a research note on Tuesday, June 30th. Five investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Alcoa currently has a consensus rating of “Hold” and an average target price of $62.73.

Alcoa Price Performance

Shares of AA opened at $43.84 on Friday. The stock has a 50 day simple moving average of $61.70 and a 200 day simple moving average of $62.52. Alcoa has a 52-week low of $28.11 and a 52-week high of $84.38. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.92 and a current ratio of 1.53. The firm has a market capitalization of $11.57 billion, a PE ratio of 9.02, a P/E/G ratio of 0.48 and a beta of 1.63.

Alcoa (NYSE:AA) last announced its earnings results on Thursday, July 16th. The industrial products company reported $2.12 EPS for the quarter, missing the consensus estimate of $2.25 by ($0.13). The company had revenue of $3.97 billion for the quarter, compared to analyst estimates of $3.99 billion. Alcoa had a return on equity of 18.90% and a net margin of 9.48%.During the same quarter last year, the business posted $0.39 earnings per share. Sell-side analysts predict that Alcoa will post 6.79 EPS for the current fiscal year.

Alcoa Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Tuesday, May 19th were issued a $0.10 dividend. The ex-dividend date was Tuesday, May 19th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.9%. Alcoa’s dividend payout ratio (DPR) is 8.23%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in AA. Basepoint Wealth LLC bought a new position in Alcoa in the fourth quarter valued at $25,000. Western Wealth Management LLC acquired a new stake in Alcoa in the 1st quarter valued at $35,000. Raleigh Capital Management Inc. lifted its position in 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 buying an additional 525 shares in the last quarter. CoreCap Advisors LLC lifted its position in Alcoa by 74.1% during the 4th quarter. CoreCap Advisors LLC now owns 557 shares of the industrial products company’s stock worth $30,000 after buying an additional 237 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd boosted its stake in shares of Alcoa by 5,281.8% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 592 shares of the industrial products company’s stock worth $31,000 after buying an additional 581 shares during the last quarter.

Key Alcoa News

Here are the key news stories impacting Alcoa this week:

• Positive Sentiment: Alcoa reported record quarterly revenue and highlighted strong operational performance, including progress on smelter restarts and improved aluminum EBITDA. Article Title
• Positive Sentiment: Management outlined about $900 million in net present value synergies tied to the South32 asset deal, supporting its longer-term growth strategy. Article Title
• Positive Sentiment: Unusually heavy call-option buying suggests some traders are positioning for a rebound after the post-earnings selloff. Article Title
• Neutral Sentiment: Several analysts trimmed price targets, but JPMorgan and Wells Fargo both kept ratings that were not outright bearish, signaling a wait-and-see stance rather than a major downgrade cycle.
• Negative Sentiment: Alcoa missed Q2 earnings estimates, reporting $2.12 per share versus the $2.25 consensus, which disappointed investors despite better year-over-year results. Article Title
• Negative Sentiment: The company lowered 2026 alumina production guidance by 200,000 to 300,000 metric tons due to Pinjarra refinery issues, raising concerns about near-term earnings pressure. Article Title

About Alcoa

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.