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AA Stock Forecast: Alcoa Corporation Price Predictions for 2026

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$66.53

+0.91 (1.39%)

AA Stock Forecast 2026-2027

$66.53
Current Price
$17.55B
Market Cap
14 Ratings
Buy 8
Hold 4
Sell 2
Wall St Analyst Ratings

Distance to AA Price Targets

+38.3%
To High Target of $92.00
+12.7%
To Median Target of $75.00
-36.9%
To Low Target of $42.00

AA Price Momentum

-7.4%
1 Week Change
+17.9%
1 Month Change
+185.5%
1 Year Change
+25.2%
Year-to-Date Change
-12.1%
From 52W High of $75.70
+193.3%
From 52W Low of $22.68
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Latest AA Stock Price Targets & Analyst Predictions

Based on our analysis of 26 Wall Street analysts, AA has a bullish consensus with a median price target of $75.00 (ranging from $42.00 to $92.00). The overall analyst rating is Buy (7.9/10). Currently trading at $66.53, the median forecast implies a 12.7% upside. This outlook is supported by 8 Buy, 4 Hold, and 2 Sell ratings.

Conversely, the most conservative target is provided by Alexander Hacking at Citigroup, suggesting a 36.9% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

AA Analyst Ratings

8
Buy
4
Hold
2
Sell

AA Price Target Range

Low
$42.00
Average
$75.00
High
$92.00
Current: $66.53

Latest AA Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for AA.

Date Firm Analyst Rating Change Price Target
Apr 9, 2026 Morgan Stanley Carlos De Alba Overweight Upgrade $80.00
Apr 9, 2026 JP Morgan Bill Peterson Neutral Maintains $70.00
Apr 9, 2026 BMO Capital Katja Jancic Market Perform Maintains $75.00
Apr 7, 2026 B. Riley Securities Nick Giles Buy Maintains $96.00
Mar 16, 2026 Citigroup Alexander Hacking Buy Maintains $76.00
Mar 13, 2026 JP Morgan Bill Peterson Neutral Upgrade $68.00
Mar 12, 2026 UBS Daniel Major Neutral Maintains $70.00
Jan 30, 2026 Freedom Broker Buy Maintains $N/A
Jan 27, 2026 Morgan Stanley Carlos De Alba Equal-Weight Downgrade $64.00
Jan 23, 2026 Wells Fargo Timna Tanners Equal-Weight Maintains $64.00
Jan 13, 2026 Wells Fargo Timna Tanners Equal-Weight Downgrade $71.00
Jan 8, 2026 JP Morgan Bill Peterson Underweight Downgrade $50.00
Dec 23, 2025 Wells Fargo Timna Tanners Overweight Maintains $58.00
Dec 19, 2025 Citigroup Alexander Hacking Buy Maintains $54.00
Dec 12, 2025 UBS Daniel Major Neutral Maintains $48.00
Dec 5, 2025 JP Morgan Bill Peterson Neutral Maintains $45.00
Nov 7, 2025 Freedom Broker Buy Maintains $N/A
Oct 23, 2025 BMO Capital Katja Jancic Market Perform Maintains $37.00
Oct 23, 2025 JP Morgan Bill Peterson Neutral Maintains $35.00
Oct 17, 2025 HSBC Buy Maintains $41.00

Alcoa Corporation (AA) Competitors

The following stocks are similar to Alcoa based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Alcoa Corporation (AA) Financial Data

Alcoa Corporation has a market capitalization of $17.55B with a P/E ratio of 15.0x. The company generates $12.65B in trailing twelve-month revenue with a 8.2% profit margin.

Revenue growth is -5.2% quarter-over-quarter, while maintaining an operating margin of +13.3% and return on equity of +15.4%.

Valuation Metrics

Market Cap $17.55B
Enterprise Value $18.56B
P/E Ratio 15.0x
PEG Ratio 1.3x
Price/Sales 1.4x

Growth & Margins

Revenue Growth (YoY) -5.2%
Gross Margin +16.7%
Operating Margin +13.3%
Net Margin +8.2%
EPS Growth -22.4%

Financial Health

Cash/Price Ratio +7.7%
Current Ratio 1.5x
Debt/Equity 37.0x
ROE +15.4%
ROA +4.2%
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Alcoa Corporation logo

Alcoa Corporation (AA) Business Model

About Alcoa Corporation

What They Do

Vertically integrated aluminum production and mining.

Business Model

The company operates a vertically integrated business model, engaging in bauxite mining, alumina refining, and aluminum smelting. It generates revenue primarily through the production and sale of aluminum and alumina, with profits closely linked to commodity prices, making its performance cyclical within the basic materials sector.

Additional Information

Alcoa is the largest bauxite miner and alumina refiner globally and has a rich history of innovation, including the Hall-Hรฉroult smelting process. The company has undergone strategic changes, such as the spin-off of its engineered products segment in 2016 and the acquisition of the remaining 40% of AWAC in 2024. Its operations support key industries like automotive and aerospace, focusing on increasing demand for lightweight materials.

Company Information

Sector

Basic Materials

Industry

Aluminum

Employees

14,900

CEO

Mr. William F. Oplinger

Country

United States

IPO Year

1962

Alcoa Corporation (AA) Latest News & Analysis

Featured Analysis
Powered by Zacks Investment Research

Alcoa (AA) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

The headline numbers for Alcoa (AA) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

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Latest News

AA stock latest news image
Quick Summary

The aluminum company anticipates a $15 million negative impact on its adjusted earnings due to the ongoing conflict in Iran.

Why It Matters

The expected $15 million earnings hit due to the Iran conflict signals potential revenue decline, affecting stock performance and investor sentiment towards the aluminum company.

Source: WSJ
Market Sentiment: Negative
AA stock latest news image
Quick Summary

Alcoa CEO William Oplinger discussed Q1 2026 results and Q2 outlook on 'Closing Bell Overtime,' highlighting the impact of the Iran conflict on the aluminum industry.

Why It Matters

Alcoa's Q1 results and outlook impact aluminum prices and industry health, while the Iran conflict could disrupt supply chains, affecting market stability and investment decisions.

Source: CNBC Television
Market Sentiment: Positive
AA stock latest news image
Quick Summary

Alcoa Corp. (NYSE: AA) reported Q1 results, missing analyst expectations for both revenue and earnings.

Why It Matters

Alcoa's earnings miss may signal operational challenges, potentially impacting stock performance and investor confidence in the company's future profitability.

Source: Benzinga
Market Sentiment: Negative
AA stock latest news image
Quick Summary

Alcoa's Q1 2026 earnings missed expectations, with both revenue and profit falling short. Despite this, the market remains optimistic about future performance.

Why It Matters

Alcoa's Q1 2026 earnings miss indicates current challenges, but market optimism suggests potential recovery, impacting stock performance and future valuations.

Source: MarketBeat
Market Sentiment: Negative
AA stock latest news image
Quick Summary

Alcoa Corporation (AA) held its Q1 2026 earnings call, discussing financial performance and operational updates. Further details can be accessed in the transcript.

Why It Matters

Alcoa's Q1 2026 earnings reveal financial performance and outlook, impacting stock valuation, market sentiment, and investment decisions in the materials sector.

Source: Seeking Alpha
Market Sentiment: Neutral
AA stock latest news image
Quick Summary

Alcoa Corporation reported Q1 2026 revenue of $3.193 billion, with a net income of $425 million and EPS of $1.60, reflecting improved profitability due to higher aluminum prices.

Why It Matters

Alcoa's improved profitability and higher aluminum prices indicate stronger financial health, potentially boosting investor confidence and affecting stock performance.

Source: Business Wire
Market Sentiment: Neutral

Frequently Asked Questions About AA Stock

What is Alcoa Corporation's (AA) stock forecast for 2026?

Based on our analysis of 26 Wall Street analysts, Alcoa Corporation (AA) has a median price target of $75.00. The highest price target is $92.00 and the lowest is $42.00.

Is AA stock a good investment in 2026?

According to current analyst ratings, AA has 8 Buy ratings, 4 Hold ratings, and 2 Sell ratings. The stock is currently trading at $66.53. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for AA stock?

Wall Street analysts predict AA stock could reach $75.00 in the next 12 months. This represents a 12.7% increase from the current price of $66.53. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Alcoa Corporation's business model?

The company operates a vertically integrated business model, engaging in bauxite mining, alumina refining, and aluminum smelting. It generates revenue primarily through the production and sale of aluminum and alumina, with profits closely linked to commodity prices, making its performance cyclical within the basic materials sector.

What is the highest forecasted price for AA Alcoa Corporation?

The highest price target for AA is $92.00 from at , which represents a 38.3% increase from the current price of $66.53.

What is the lowest forecasted price for AA Alcoa Corporation?

The lowest price target for AA is $42.00 from Alexander Hacking at Citigroup, which represents a -36.9% decrease from the current price of $66.53.

What is the overall AA consensus from analysts for Alcoa Corporation?

The overall analyst consensus for AA is bullish. Out of 26 Wall Street analysts, 8 rate it as Buy, 4 as Hold, and 2 as Sell, with a median price target of $75.00.

How accurate are AA stock price projections?

Stock price projections, including those for Alcoa Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: April 21, 2026 2:00 AM UTC
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