Alcoa Corporation (AA)

Alcoa Stock Forecast

Stock Price Forecast

The 11 analysts that cover Alcoa stock have a consensus rating of "Buy" and an average price target of $50.45, which forecasts a -12.41% decrease in the stock price over the next year. The lowest target is $27 and the highest is $76.

Price Target: $50.45 (-12.41%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$27	$50.45	$40	$76
Change	-53.13%	-12.41%	-30.56%	+31.94%

Analyst Ratings

The average analyst rating for Alcoa stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	7	6	6	5	5	5
Buy	2	2	2	0	0	0
Hold	3	3	3	4	4	5
Sell	1	1	1	2	2	1
Strong Sell	0	0	0	0	0	0
Total	13	12	12	11	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Alexander Hacking Citigroup	Citigroup	Strong Buy Maintains $54 → $76	Strong Buy	Maintains	$54 → $76	+31.94%	Mar 16, 2026
Bill Peterson JP Morgan	JP Morgan	Sell → Hold Upgrades $50 → $68	Sell → Hold	Upgrades	$50 → $68	+18.06%	Mar 13, 2026
Daniel Major UBS	UBS	Hold Maintains $48 → $70	Hold	Maintains	$48 → $70	+21.53%	Mar 12, 2026
Carlos De Alba Morgan Stanley	Morgan Stanley	Buy → Hold Downgrades $52 → $64	Buy → Hold	Downgrades	$52 → $64	+11.11%	Jan 27, 2026
Timna Tanners Wells Fargo	Wells Fargo	Hold Maintains $71 → $64	Hold	Maintains	$71 → $64	+11.11%	Jan 23, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

14.53B

Increased by 13.20%

from 12.83B

Revenue Next Year

14.55B

Increased by 0.14%

from 14.53B

EPS This Year

4.62

Increased by 5.76%

from 4.37

EPS Next Year

5.35

Increased by 15.82%

from 4.62

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	12.15B	12.45B	10.55B	11.90B	12.83B	14.53B	14.55B
Revenue Growth	30.86%	2.46%	-15.26%	12.74%	7.87%	13.20%	0.14%
EPS	2.26	-0.68	-3.66	0.26	4.37	4.62	5.35
EPS Growth	-	-	-	-	1,580.77%	5.76%	15.82%
Forward PE	-	-	-	-	-	12.46	10.76
No. Analysts	-	-	-	-	-	17	17

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028	2029	2030
High	16.1B	15.8B
Avg	14.5B	14.5B
Low	13.0B	12.7B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	25.7%	8.6%
Avg	13.2%	0.1%
Low	0.9%	-12.6%

EPS Forecast

EPS	2026	2027	2028	2029	2030
High	5.91	6.89
Avg	4.62	5.35
Low	2.59	2.94

EPS Growth

EPS Growth	2026	2027	2028	2029	2030
High	35.3%	49.0%
Avg	5.8%	15.8%
Low	-40.8%	-36.4%

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.