Alcoa (NYSE:AA) Price Target Cut to $71.00 by Analysts at Wells Fargo & Company

Alcoa (NYSE:AA) had its price target dropped by stock analysts at Wells Fargo & Company from $72.00 to $71.00 in a report released on Friday,Benzinga reports. The brokerage presently has an “overweight” rating on the industrial products company’s stock. Wells Fargo & Company‘s target price indicates a potential upside of 57.76% from the stock’s previous close.

A number of other equities research analysts have also recently weighed in on AA. BMO Capital Markets reissued a “market perform” rating on shares of Alcoa in a research report on Friday. B. Riley Financial cut their target price on Alcoa from $92.00 to $80.00 and set a “buy” rating on the stock in a research report on Tuesday, July 7th. Wall Street Zen cut Alcoa from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Argus set a $73.00 target price on Alcoa in a report on Monday, April 27th. Finally, Weiss Ratings raised Alcoa from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, June 17th. Five analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $64.82.

Alcoa Stock Down 3.9%

Alcoa stock traded down $1.85 during mid-day trading on Friday, hitting $45.00. The company had a trading volume of 2,588,675 shares, compared to its average volume of 6,390,903. The company has a quick ratio of 0.88, a current ratio of 1.48 and a debt-to-equity ratio of 0.36. Alcoa has a 1 year low of $28.11 and a 1 year high of $84.38. The business has a fifty day moving average of $62.09 and a 200 day moving average of $62.59. The stock has a market cap of $11.88 billion, a price-to-earnings ratio of 11.35, a PEG ratio of 0.52 and a beta of 1.63.

Alcoa (NYSE:AA) last issued its quarterly earnings data on Thursday, July 16th. The industrial products company reported $2.12 earnings per share 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 analysts’ expectations of $3.99 billion. Alcoa had a return on equity of 12.57% and a net margin of 8.27%.During the same quarter in the prior year, the firm posted $0.39 EPS. On average, sell-side analysts expect that Alcoa will post 6.93 earnings per share for the current fiscal year.

Institutional Trading of Alcoa

Several hedge funds have recently modified their holdings of the business. Basepoint Wealth LLC purchased a new stake in shares of Alcoa in the fourth quarter valued at approximately $25,000. Advisory Services Network LLC acquired a new position in Alcoa during the third quarter worth $27,000. Raleigh Capital Management Inc. raised its position in Alcoa by 52,500.0% in the fourth 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 in the last quarter. CoreCap Advisors LLC raised its position in Alcoa by 74.1% in the fourth quarter. CoreCap Advisors LLC now owns 557 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 237 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its holdings in Alcoa by 5,281.8% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 592 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 581 shares during the period.

Trending Headlines about Alcoa

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 the announced South32 asset acquisition, which could support longer-term growth. Alcoa Corporation Reports Second Quarter 2026 Results
• Positive Sentiment: The company outlined about $900 million in net present value from AliGroup synergies, suggesting meaningful cost and integration benefits from its strategic moves. Alcoa outlines ~$900M NPV AliGroup synergies as it lowers 2026 alumina output to 9.5M-9.6M tons
• Neutral Sentiment: Management is also making a bigger strategic bet, including a new gallium plant at Wagerup, which could diversify the business but is not yet an immediate earnings driver. Alcoa to build gallium plant at Wagerup refinery
• Negative Sentiment: Alcoa missed second-quarter earnings expectations, reporting $2.12 EPS versus the $2.25 consensus, and revenue also came in slightly below estimates, pressuring the stock. Alcoa earnings report
• Negative Sentiment: Alcoa lowered 2026 alumina output guidance by 200,000 to 300,000 metric tons, pointing to ongoing issues at its Pinjarra operations and weaker alumina segment performance. Alcoa cuts full-year alumina guidance, posts higher second-quarter profit

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.