Alcoa Corp

Alcoa Corp Stock Forecast & Price Prediction

Live Alcoa Corp Stock (AA) Price
$46.43

14

Ratings

  • Buy 9
  • Hold 5
  • Sell 0
Disclaimer : 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. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$46.43

P/E Ratio

-12.35

Volume Traded Today

$1.8M

Dividend

$0.1

52 Week High/low

47.77/23.80

Alcoa Corp Market Cap

$12.00B

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $AA ๐Ÿ›‘

Before you buy AA you'll want to see this list of ten stocks that have huge potential. Want to see if AA made the cut? Enter your email below

AA Summary

Based on ratings from 14 stock analysts, the Alcoa Corp stock price is expected to increase by 2.16% in 12 months. This is calculated by using the average 12-month stock price forecast for Alcoa Corp. The lowest target is $38.5 and the highest is $58. Please note analyst price targets are not guaranteed and could be missed completely.

AA Analyst Ratings

Alcoa Corp has a total of 14 Wall St Analyst ratings. There are 9 buy ratings, 5 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Alcoa Corp will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

AA stock forecast by analyst

These are the latest 20 analyst ratings of AA.

Analyst/Firm

Rating

Price Target

Change

Date

David Coleman
Argus Research

Buy


Upgrade

Oct 23, 2024
Carlos De Alba
Morgan Stanley

Overweight

$49

Maintains

Oct 18, 2024
Bill Peterson
JP Morgan

Neutral

$39

Maintains

Oct 17, 2024
Lucas Pipes
B. Riley Securities

Buy

$50

Upgrade

Oct 17, 2024
Katja Jancic
BMO Capital

Market Perform

$45

Maintains

Oct 17, 2024
Curt Woodworth
UBS

Buy

$50

Maintains

Oct 15, 2024
Bill Peterson
JP Morgan

Neutral

$36

Reinstates

Sep 25, 2024
Curt Woodworth
UBS

Buy

$40

Maintains

Sep 19, 2024
Lucas Pipes
B. Riley Securities

Neutral

$41

Maintains

Sep 17, 2024
Timna Tanners
Wolfe Research

Outperform

$36

Upgrade

Sep 4, 2024
Curt Woodworth
UBS

Buy

$35

Upgrade

Aug 12, 2024
Timna Tanners
Wolfe Research

Peer Perform


Upgrade

Aug 2, 2024

B. Riley Securities

Neutral


Maintains

Jul 30, 2024
Carlos De Alba
Morgan Stanley

Overweight

$48

Maintains

Jul 22, 2024
Lucas Pipes
B. Riley Securities

Neutral

$43

Maintains

Jul 18, 2024
Lawson Winder
B of A Securities

Neutral

$43

Maintains

Jul 18, 2024

Jefferies

Buy


Maintains

Jul 9, 2024

B. Riley Securities

Neutral


Maintains

Jul 2, 2024
Lawson Winder
B of A Securities

Neutral

$46

Maintains

Jun 26, 2024
Carlos De Alba
Morgan Stanley

Overweight

$50

Upgrade

Jun 21, 2024

AA Company Information

What They Do: Produces and sells bauxite, alumina, and aluminum.

Business Model: The company operates through two segments, Alumina and Aluminum, generating revenue by mining bauxite, processing it into alumina, and selling it to customers who create industrial products. Additionally, it smelts aluminum and offers various forms of aluminum products to various industries, including transportation and packaging. Alcoa also owns hydro power plants, selling generated electricity in the wholesale market.

Other Information: Founded in 1886 and headquartered in Pittsburgh, Pennsylvania, Alcoa Corporation has a significant global presence, operating in multiple countries including the U.S., Spain, and Brazil. The company rebranded from Alcoa Upstream Corporation in 2016, indicating a strategic focus on upstream operations in the aluminum supply chain.
AA
Alcoa Corp (AA)

When did it IPO

1962

Staff Count

13,600

Country

United States

Sector/Industry

Basic Materials/Aluminum

CEO

Mr. William F. Oplinger

Market Cap

$12.00B

Alcoa Corp (AA) Financial Data

In 2023, AA generated $10.55B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that AA's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$10.55B

0.00 %
From Previous Year
  • Revenue TTM $11.00B
  • Operating Margin TTM 8.7%
  • Gross profit TTM $738.0M
  • Return on assets TTM 1.9%
  • Return on equity TTM -7.1%
  • Profit Margin -2.7%
  • Book Value Per Share 20.32%
  • Market capitalisation $12.00B
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $10.55B
  • EPS this year (TTM) $-1.56

Alcoa Corp (AA) Latest News

News Image

Thu, 21 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Alcoa CFO Molly S. Beerman will speak at the Citi 2024 Basic Materials Conference on December 4, 2024, discussing the company's outlook and potential financial impacts.

Why It Matters - Alcoa's CFO's participation in the Citi conference offers insights into the company's outlook and financial performance, which can impact stock valuations and investor sentiment.

News Image

Thu, 21 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Alcoa Corporation has joined the World Economic Forum's First Suppliers Hub, aiming to support industrial decarbonization efforts by 2050 through innovative material suppliers.

Why It Matters - Alcoa's participation in the World Economic Forum's First Suppliers Hub signals a commitment to sustainability, potentially enhancing its competitive edge and attracting environmentally-conscious investors.

News Image

Mon, 18 Nov 2024

Sentiment - NEUTRAL

Source - Newsfile Corp

Summary - Premium Resources Ltd. has officially changed its name from Premium Nickel Resources Ltd., as announced on November 18, 2024. The company trades on TSXV under the ticker PNRL.

Why It Matters - A name change may signify a strategic shift or rebranding, potentially impacting investor perception and market positioning, which could influence stock performance.

News Image

Mon, 11 Nov 2024

Sentiment - POSITIVE

Source - CNBC International TV

Summary - Alcoa's CEO William Oplinger expresses optimism in collaborating with the incoming Trump administration and shares a positive outlook for aluminum prices.

Why It Matters - Oplinger's collaboration with the Trump administration hints at potential policy shifts affecting aluminum markets, influencing supply, demand, and ultimately pricing strategies for investors.

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - Newsfile Corp

Summary - Millbank Mining Corp. will change its name to Primary Hydrogen Corp. on November 13, 2024, with shares trading under the new symbol "HDRO."

Why It Matters - The name change to "Primary Hydrogen Corp." signals a strategic shift towards hydrogen, potentially attracting new investors and reflecting a focus on emerging energy sectors.

News Image

Thu, 07 Nov 2024

Sentiment - NEUTRAL

Source - Newsfile Corp

Summary - 1329293 B.C. Ltd. has changed its name to Auranova Resources Inc. and completed a share consolidation, converting 2.5 pre-consolidation shares into one post-consolidation share as of November 6, 2024.

Why It Matters - The name change and share consolidation can signal a shift in strategy or focus, potentially affecting investor perception, liquidity, and the stock's future performance.

...

AA Frequently asked questions

The highest forecasted price for AA is $58 from Curt Woodworth at Credit Suisse.

The lowest forecasted price for AA is $38.5 from from

The AA analyst ratings consensus are 9 buy ratings, 5 hold ratings, and 0 sell ratings.