Alcoa Corporation (AA)
NYSE: AA · Real-Time Price · USD
45.83
+0.13 (0.28%)
Dec 3, 2024, 12:13 PM EST - Market open
Alcoa Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Alcoa stock have an average target of 44.6, with a low estimate of 29 and a high estimate of 55. The average target predicts a decrease of -2.68% from the current stock price of 45.83.
Analyst Consensus: Buy
* Price targets were last updated on Oct 18, 2024.
Analyst Ratings
The average analyst rating for Alcoa stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 3 | 3 | 5 | 5 |
| Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Hold | 7 | 6 | 6 | 5 | 4 | 4 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Total | 13 | 10 | 10 | 10 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Argus Research | Argus Research | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Oct 23, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $48 → $49 | Buy | Maintains | $48 → $49 | +6.92% | Oct 18, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $36 → $39 | Hold | Maintains | $36 → $39 | -14.90% | Oct 17, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $42 → $45 | Hold | Maintains | $42 → $45 | -1.81% | Oct 17, 2024 |
| B. Riley Securities | B. Riley Securities | Hold → Strong Buy Upgrades $41 → $50 | Hold → Strong Buy | Upgrades | $41 → $50 | +9.10% | Oct 17, 2024 |
Financial Forecast
Revenue This Year
12.00B
from 10.55B
Increased by 13.75%
Revenue Next Year
12.42B
from 12.00B
Increased by 3.47%
EPS This Year
0.85
from -3.66
EPS Next Year
3.29
from 0.85
Increased by 285.71%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.5B | 14.1B | 14.0B |
| Avg | 12.0B | 12.4B | 12.3B |
| Low | 11.3B | 10.8B | 10.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 18.5% | 17.1% | 13.0% |
| Avg | 13.8% | 3.5% | -1.2% |
| Low | 7.2% | -10.2% | -14.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.43 | 4.54 | 5.50 |
| Avg | 0.85 | 3.29 | 3.41 |
| Low | 0.46 | 1.90 | 1.69 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 432.3% | 67.4% |
| Avg | - | 285.7% | 3.8% |
| Low | - | 123.1% | -48.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.