Should You Buy Alcoa Corp (AA) Today? Analysis, Price Targets, and 2026 Outlook.
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Growth
Profitability
Efficiency
Wall Street analysts forecast AA stock price to fall
8 Analyst Rating
Wall Street analysts forecast AA stock price to fall
2 Buy
4 Hold
2 Sell
Hold
Current: 77.640
Low
38
Averages
57.63
High
78
Current: 77.640
Low
38
Averages
57.63
High
78
Wells Fargo
Equal Weight -> Overweight
upgrade
$67 -> $70
AI Analysis
2026-05-07
Reason
Wells Fargo
Price Target
$67 -> $70
AI Analysis
2026-05-07
upgrade
Equal Weight -> Overweight
Reason
Wells Fargo upgraded Alcoa to Overweight from Equal Weight with a price target of $70, up from $67. The firm believes the strength in aluminum prices can persist well into 2027 on limited capacity additions and low global inventories. The Iran war has worsened already tight market conditions for aluminum, the analyst tells investors in a research note. Wells believes the benefit to Alcoa from aluminum price strength is underappreciated at current share levels. The firm also sees catalysts from the company monetizing idled assets for data center conversion.
Argus
John Eade
Buy
maintain
$67 -> $73
2026-04-27
Reason
Argus
John Eade
Price Target
$67 -> $73
2026-04-27
maintain
Buy
Reason
Argus analyst John Eade raised the firm's price target on Alcoa to $73 from $67 and keeps a Buy rating on the shares after it's Q1 results. Despite near-term tariff challenges, the company has made strategic investments that should benefit margins and enhance production capabilities over the next year, the analyst tells investors in a research note. Long-term demand for aluminum is strong, supported by megatrends such as green and digital transitions and reshoring in North America and Europe, the firm added.
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