Alcoa Stock Forecast

Stock Price Forecast

The 10 analysts that cover Alcoa stock have a consensus rating of "Buy" and an average price target of $42.55, which forecasts a -35.21% decrease in the stock price over the next year. The lowest target is $27 and the highest is $58.

Price Target: $42.55 (-35.21%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$27	$42.55	$42.5	$58
Change	-58.89%	-35.21%	-35.28%	-11.68%

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	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26
Strong Buy	6	6	6	6	5	4
Buy	2	2	2	2	2	2
Hold	3	3	3	3	3	2
Sell	1	1	1	1	1	2
Strong Sell	0	0	0	0	0	0
Total	12	12	12	12	11	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Bill Peterson JP Morgan	JP Morgan	Hold → Sell Downgrades $45 → $50	Hold → Sell	Downgrades	$45 → $50	-23.86%	Jan 8, 2026
Timna Tanners Wells Fargo	Wells Fargo	Buy Maintains $40 → $58	Buy	Maintains	$40 → $58	-11.68%	Dec 23, 2025
Alexander Hacking Citigroup	Citigroup	Strong Buy Maintains $42 → $54	Strong Buy	Maintains	$42 → $54	-17.77%	Dec 19, 2025
Daniel Major UBS	UBS	Hold Maintains $42 → $48	Hold	Maintains	$42 → $48	-26.91%	Dec 12, 2025
Bill Peterson JP Morgan	JP Morgan	Hold Maintains $35 → $45	Hold	Maintains	$35 → $45	-31.48%	Dec 5, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

13.07B

from 11.90B

9.84%

from 11.90B

Revenue Next Year

13.86B

from 13.07B

6.10%

from 13.07B

EPS This Year

3.73

from 0.26

1,333.22%

from 0.26

EPS Next Year

4.15

from 3.73

11.47%

from 3.73

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	9.29B	12.15B	12.45B	10.55B	11.90B	13.07B	13.86B
Revenue Growth	-10.99%	30.86%	2.46%	-15.26%	12.74%	9.84%	6.10%
EPS	-0.91	2.26	-0.68	-3.66	0.26	3.73	4.15
EPS Growth	-	-	-	-	-	1,333.22%	11.47%
Forward PE	-	-	-	-	-	17.62	15.81
No. Analysts	-	-	-	-	-	18	18

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

Revenue Forecast

Revenue	2025	2026
High	13.5B	14.9B
Avg	13.1B	13.9B
Low	12.2B	12.1B

Revenue Growth

Revenue Growth	2025	2026
High	13.3%	14.0%
Avg	9.8%	6.1%
Low	2.3%	-7.1%

EPS Forecast

EPS	2025	2026
High	4.33	6.64
Avg	3.73	4.15
Low	3.30	2.60

EPS Growth

EPS Growth	2025	2026
High	1,564.7%	78.1%
Avg	1,333.2%	11.5%
Low	1,168.3%	-30.3%

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.