KeyCorp Weighs in on Kaiser Aluminum FY2026 Earnings

Kaiser Aluminum Corporation (NASDAQ:KALU) – Stock analysts at KeyCorp issued their FY2026 earnings per share (EPS) estimates for Kaiser Aluminum in a research note issued to investors on Sunday, October 25th. KeyCorp analyst S. Mckinney anticipates that the industrial products company will post earnings per share of $12.75 for the year. KeyCorp currently has an “Overweight” rating and a $127.00 target price on the stock. The consensus estimate for Kaiser Aluminum’s current full-year earnings is $13.40 per share. KeyCorp also issued estimates for Kaiser Aluminum’s Q4 2026 earnings at $1.59 EPS and FY2027 earnings at $10.40 EPS.

KALU has been the topic of several other reports. Wells Fargo & Company dropped their price target on shares of Kaiser Aluminum from $160.00 to $125.00 and set an “equal weight” rating on the stock in a research note on Friday, October 23rd. Weiss Ratings downgraded shares of Kaiser Aluminum from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, September 2nd. JPMorgan Chase & Co. upgraded shares of Kaiser Aluminum from an “underweight” rating to a “neutral” rating and lowered their target price for the company from $146.00 to $140.00 in a report on Monday. Wall Street Zen downgraded shares of Kaiser Aluminum from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Finally, UBS Group dropped their target price on shares of Kaiser Aluminum from $184.00 to $158.00 and set a “buy” rating on the stock in a research report on Tuesday. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $141.00.

Kaiser Aluminum Stock Up 10.2%

KALU stock opened at $116.25 on Wednesday. Kaiser Aluminum has a 1 year low of $87.89 and a 1 year high of $199.89. The business’s 50-day moving average is $150.77 and its two-hundred day moving average is $152.96.

Kaiser Aluminum (NASDAQ:KALU) last released its earnings results on Wednesday, October 21st. The industrial products company reported $1.89 EPS for the quarter, missing the consensus estimate of $2.37 by ($0.48). The company had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.21 billion. During the same period last year, the firm earned $1.86 earnings per share. Kaiser Aluminum’s quarterly revenue was up 43.9% compared to the same quarter last year.

Kaiser Aluminum Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, October 23rd will be paid a $0.77 dividend. This represents a $3.08 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Friday, October 23rd.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in KALU. Tidal Investments LLC acquired a new position in Kaiser Aluminum during the second quarter worth about $1,355,000. Great Lakes Advisors LLC acquired a new stake in shares of Kaiser Aluminum during the 2nd quarter valued at approximately $8,045,000. Louisiana State Employees Retirement System acquired a new stake in shares of Kaiser Aluminum during the 1st quarter valued at approximately $856,000. Jennison Associates LLC purchased a new stake in shares of Kaiser Aluminum during the 1st quarter worth approximately $756,000. Finally, Cvfg LLC acquired a new stake in shares of Kaiser Aluminum in the 1st quarter worth approximately $791,000. 99.29% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Kaiser Aluminum

Here are the key news stories impacting Kaiser Aluminum this week:

• Positive Sentiment: JPMorgan upgraded Kaiser Aluminum from “Underweight” to “Neutral” and assigned a $140 price target, down from $146. The upgrade suggests the recent weakness has made the valuation more attractive, despite reduced expectations. Kaiser Aluminum upgraded at J.P. Morgan following post-earnings weakness
• Positive Sentiment: Barclays maintained a bullish stance with a Buy rating, while UBS also retained its Buy rating. UBS lowered its price target to $158 from $184, but the revised target still indicates substantial potential appreciation. Kaiser Aluminum receives a Buy from Barclays UBS adjusts Kaiser Aluminum price target
• Neutral Sentiment: KeyCorp kept an “Overweight” rating but sharply reduced its price target to $127 from $181. The firm estimates fourth-quarter 2026 EPS of $1.59, FY2026 EPS of $12.75 and FY2027 EPS of $10.40, below the current full-year consensus estimate of $13.40. KeyCorp lowers expectations for Kaiser Aluminum
• Negative Sentiment: The primary overhang is Kaiser Aluminum’s latest quarterly result: EPS of $1.89 missed the $2.37 consensus estimate by $0.48, even though revenue reached approximately $1.21 billion and rose 43.9% year over year. The earnings shortfall and lower forward estimates are weighing on sentiment.
• Negative Sentiment: The stock is trading well below its 50-day and 200-day moving averages, reflecting continued technical weakness after the earnings disappointment. Analyst price-target reductions, particularly from KeyCorp and UBS, reinforce concerns about near-term profitability.

Kaiser Aluminum Company Profile

Kaiser Aluminum Corporation is a producer of semi-fabricated aluminum products used by manufacturers in the aerospace and defense, automotive, industrial, and consumer products markets. The company supplies aluminum materials designed for applications that require strength, light weight, corrosion resistance, and other specialized performance characteristics.

Its product portfolio includes rolled aluminum sheet and plate, extruded products, forged components, and other fabricated aluminum products.