Alcoa Stock Forecast

Stock Price Forecast

According to 14 analysts polled by S&P Global, Alcoa stock has a consensus rating of "Buy" and an average price target of $75.64. The average 1-year stock price forecast is 2.40% higher than the current stock price, while the lowest is $52 (-29.61%) and the highest is $92 (+24.54%).

Price Target: $75.64 (+2.40%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$52	$75.64	$79.3	$92
Change	-29.61%	+2.40%	+7.35%	+24.54%

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	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	7	6	6	7	7	9
Buy	1	0	0	0	1	1
Hold	4	4	4	5	4	2
Sell	1	3	3	2	2	2
Strong Sell	0	0	0	0	0	0
Total	13	13	13	14	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Daniel Major UBS	UBS	Buy Upgrades $75 → $80	Buy	Upgrades	$75 → $80	+8.30%	May 22, 2026
Timna Tanners Wells Fargo	Wells Fargo	Buy Upgrades $67 → $70	Buy	Upgrades	$67 → $70	-5.24%	May 7, 2026
Bill Peterson J.P. Morgan	J.P. Morgan	Hold Maintains $70	Hold	Maintains	$70	-5.24%	Apr 27, 2026
John Eade Argus Research	Argus Research	Buy Reiterates $67 → $73	Buy	Reiterates	$67 → $73	-1.18%	Apr 24, 2026
Nick Giles B. Riley Securities	B. Riley Securities	Buy Maintains $96 → $92	Buy	Maintains	$96 → $92	+24.54%	Apr 20, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

15.22B

from 12.83B

18.60%

from 12.83B

Revenue Next Year

15.35B

from 15.22B

0.84%

from 15.22B

EPS This Year

7.00

from 4.37

60.16%

from 4.37

EPS Next Year

6.69

from 7.00

-4.39%

from 7.00

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	15.22B	15.35B
Revenue Growth	30.86%	2.46%	-15.26%	12.74%	7.87%	18.60%	0.84%
EPS	2.26	-0.68	-3.66	0.26	4.37	7.00	6.69
EPS Growth	-	-	-	-	1,580.77%	60.16%	-4.39%
Forward PE	-	-	-	-	-	10.55	11.04
No. Analysts	-	-	-	-	-	20	19

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

Revenue Forecast

Revenue	2026	2027
High	16.5B	16.6B
Avg	15.2B	15.3B
Low	13.4B	13.6B

Revenue Growth

Revenue Growth	2026	2027
High	28.4%	9.3%
Avg	18.6%	0.8%
Low	4.2%	-10.7%

EPS Forecast

EPS	2026	2027
High	9.37	10.70
Avg	7.00	6.69
Low	3.71	3.28

EPS Growth

EPS Growth	2026	2027
High	114.3%	52.9%
Avg	60.2%	-4.4%
Low	-15.0%	-53.1%

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.