Alcoa Corporation (AA)
NYSE: AA · Real-Time Price · USD
39.53
+0.62 (1.59%)
Jan 17, 2025, 4:00 PM EST - Market closed
Alcoa Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Alcoa stock have an average target of 45.33, with a low estimate of 36 and a high estimate of 50. The average target predicts an increase of 14.67% from the current stock price of 39.53.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Alcoa stock from 10 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 5 | 5 | 5 | 5 |
| Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Hold | 6 | 5 | 4 | 4 | 4 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 11 | 11 | 11 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $38 → $40 | Hold | Maintains | $38 → $40 | +1.19% | Jan 16, 2025 |
| Jefferies | Jefferies | Strong Buy Maintains $50 → $45 | Strong Buy | Maintains | $50 → $45 | +13.84% | Jan 6, 2025 |
| 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 | +23.96% | Oct 18, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $36 → $39 | Hold | Maintains | $36 → $39 | -1.34% | Oct 17, 2024 |
Financial Forecast
Revenue This Year
12.14B
from 10.55B
Increased by 15.02%
Revenue Next Year
13.31B
from 12.14B
Increased by 9.65%
EPS This Year
0.96
from -3.66
EPS Next Year
3.78
from 0.96
Increased by 293.13%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 12.9B | 17.2B | 16.4B | |||
| Avg | 12.1B | 13.3B | 13.1B | |||
| Low | 11.3B | 10.5B | 10.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 22.0% | 41.6% | 23.4% | |||
| Avg | 15.0% | 9.6% | -1.9% | |||
| Low | 7.3% | -13.1% | -18.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 1.43 | 6.16 | 5.50 | |||
| Avg | 0.96 | 3.78 | 3.85 | |||
| Low | 0.46 | 1.90 | 2.79 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | 541.8% | 45.7% | |||
| Avg | - | 293.1% | 1.9% | |||
| Low | - | 98.0% | -26.0% |
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.