Alcoa Corporation (AA)

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 $45.3, which forecasts a -28.27% decrease in the stock price over the next year. The lowest target is $27 and the highest is $64.

Price Target: $45.3 (-28.27%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$27	$45.3	$48	$64
Change	-57.24%	-28.27%	-23.99%	+1.35%

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

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Carlos De Alba Morgan Stanley	Morgan Stanley	Buy → Hold Downgrades $52 → $64	Buy → Hold	Downgrades	$52 → $64	+1.35%	Jan 27, 2026
Timna Tanners Wells Fargo	Wells Fargo	Hold Maintains $71 → $64	Hold	Maintains	$71 → $64	+1.35%	Jan 23, 2026
Timna Tanners Wells Fargo	Wells Fargo	Buy → Hold Downgrades $58 → $71	Buy → Hold	Downgrades	$58 → $71	+12.43%	Jan 13, 2026
Bill Peterson JP Morgan	JP Morgan	Hold → Sell Downgrades $45 → $50	Hold → Sell	Downgrades	$45 → $50	-20.82%	Jan 8, 2026
Timna Tanners Wells Fargo	Wells Fargo	Buy Maintains $40 → $58	Buy	Maintains	$40 → $58	-8.16%	Dec 23, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

14.11B

Increased by 9.98%

from 12.83B

Revenue Next Year

14.30B

Increased by 1.33%

from 14.11B

EPS This Year

4.53

Increased by 2.59%

from 4.42

EPS Next Year

5.10

Increased by 12.56%

from 4.53

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	14.11B	14.30B
Revenue Growth	30.86%	2.46%	-15.26%	12.74%	7.87%	9.98%	1.33%
EPS	2.26	-0.68	-3.66	0.26	4.42	4.53	5.10
EPS Growth	-	-	-	-	1,600.00%	2.59%	12.56%
Forward PE	-	-	-	-	-	13.93	12.37
No. Analysts	-	-	-	-	-	17	16

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

Revenue Forecast

Revenue	2026	2027	2028	2029	2030
High	15.5B	15.7B
Avg	14.1B	14.3B
Low	12.5B	12.7B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	20.6%	11.0%
Avg	10.0%	1.3%
Low	-2.3%	-10.1%

EPS Forecast

EPS	2026	2027	2028	2029	2030
High	5.91	6.89
Avg	4.53	5.10
Low	2.59	2.94

EPS Growth

EPS Growth	2026	2027	2028	2029	2030
High	33.7%	51.9%
Avg	2.6%	12.6%
Low	-41.5%	-35.2%

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.