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AA Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
77.719
Open
75.810
VWAP
76.76
Vol
4.50M
Mkt Cap
20.49B
Low
74.910
Amount
345.62M
EV/EBITDA(TTM)
13.68
Total Shares
263.89M
EV
21.75B
EV/OCF(TTM)
23.36
P/S(TTM)
1.61
Alcoa Corporation is a vertically integrated aluminum company comprised of bauxite mining, alumina refining, aluminum production (smelting and casting), and energy generation. The Company's operations are comprised of two business segments: Alumina and Aluminum. The Alumina segment primarily consists of its bauxite mines and alumina refineries, and its operations include the mining of bauxite and other aluminous ores, as well as the refining, production, and sale of smelter grade and non-metallurgical alumina. The alumina produced by this segment is sold primarily to internal and external aluminum smelter customers; a portion of the alumina is sold to external customers who process it into industrial chemical products. The Aluminum segment consists of the Company's aluminum smelting and casting operations along with the Company's energy production assets in Brazil, Canada, and the United States. It has direct and indirect ownership of over 25 operating locations across eight countries.
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Events Timeline

(ET)
2026-05-11
20:00:00
Alcoa Announces $65 Million Investment to Expand Foundry Production
select
2026-05-07 (ET)
2026-05-07
16:30:00
Major Averages Close Lower, McDonald's Reports Growth
select
2026-05-07
12:00:00
Major Averages Little Changed as Oil Prices Decline Reflect Optimism
select
2026-04-17 (ET)
2026-04-17
12:10:00
Iran's Strait of Hormuz Fully Open, Oil Prices Fall
select

News

Newsfilter
8.5
05-29Newsfilter
PinnedRio Tinto Launches $1.5 Billion Low-Carbon Aluminium Smelter Expansion
  • Project Launch: Rio Tinto has commenced its $1.5 billion low-carbon aluminium smelter expansion in Quebec, with plans to complete the commissioning of all 96 new pots by the end of this year, significantly enhancing aluminium production capacity.
  • Capacity Increase: The expansion will boost the plant's annual capacity by approximately 160,000 metric tonnes, reaching a total of 220,000 metric tonnes, utilizing low-carbon AP60 smelting technology to facilitate the industry's transition to carbon-free electrolysis.
  • Government Investment: Canada's Minister of Industry announced a C$100 million ($72.55 million) investment in the ELYSIS technology deployment project, aimed at protecting workers, strengthening domestic supply chains, and enhancing economic resilience.
  • Environmental Benefits: By integrating AP60 technology with hydropower, Rio Tinto's aluminium production will generate only one-sixth of the greenhouse gas emissions per tonne compared to the industry average, highlighting its commitment to sustainability.
seekingalpha
4.5
05-26seekingalpha
Aluminum Futures Surge to Four-Year High Amid China Output Cut Fears
  • Aluminum Futures Surge: Aluminum futures on the London Metal Exchange jumped to a four-year high of $3,697 per ton on Tuesday, driven by concerns over potential output cuts in China and ongoing supply disruptions in the Middle East.
  • China's Aluminum Production: Official data revealed that China's aluminum smelters produced a record daily output of 129,000 tons last month, although fears of nationwide inspections on energy use and emissions have led to cautious market expectations regarding future production levels.
  • Middle East Supply Crisis: The International Aluminium Institute reported that aluminum production from the Persian Gulf fell to its lowest level in over a decade in April, with the region accounting for approximately 20% of non-Chinese aluminum production, crucial for buyers in Japan, South Korea, the EU, and the U.S.
  • Damaged Production Facilities: The ongoing Middle East conflict has resulted in missile strikes damaging two Persian Gulf aluminum smelters, including Emirates Global Aluminium's Al Taweelah plant, which is expected to take a year to repair, further exacerbating global aluminum supply tensions.
Newsfilter
8.5
05-26Newsfilter
Western Governments Boost Investment in Critical Minerals
  • Massive Investment: The U.S. has allocated over $20 billion to support its critical minerals sector, including $10 billion for its strategic stockpile Project Vault, reflecting a strong commitment to reduce reliance on China.
  • Market Risk Warning: Industry experts caution that if countries act independently, it could lead to oversupply, reminiscent of the 1980s 'butter mountains' phenomenon, which would depress prices and destabilize global markets.
  • Emerging Coordination Mechanism: The G7 is discussing the establishment of a permanent secretariat to ensure the sustainability of critical mineral supply plans, aiming to mitigate the risks of over-investment through global coordination.
  • Successful Case Studies: The Democratic Republic of Congo has successfully increased global prices by setting export quotas and stockpiling cobalt, but prolonged restrictions could lead to demand erosion, necessitating careful policy balance to maintain market stability.
seekingalpha
6.0
05-23seekingalpha
Wall Street Major Indices Rise Amid Fed Chair Swearing In
  • Analyst Rating Changes: Morgan Stanley upgraded Lam Research (LRCX) from Equal-weight to Overweight, raising the price target from $293 to $331, anticipating an 8 percentage point outperformance in 2024, highlighting the company's long-term growth potential in the semiconductor sector.
  • Cybersecurity Upgrade: B. Riley upgraded Zscaler (ZS) from Neutral to Buy, despite lowering the price target to $225, as analysts believe the adoption of AI technology will provide a positive tailwind for Zscaler, even amid market concerns about its future.
  • Texas Instruments AI Boost: Seaport Research Partners upgraded Texas Instruments (TXN) from Neutral to Buy with a price target of $400, expecting that the growing demand for power will significantly enhance the growth and margin profile of the analog semiconductor market driven by AI.
  • Aluminum Industry Outlook: UBS upgraded aluminum producer Alcoa (AA) from Neutral to Buy, raising the price target to $80, as expected smelter outages due to the ongoing Middle East conflict are likely to support aluminum prices and premiums, despite near-term demand risks.
NASDAQ.COM
4.5
05-22NASDAQ.COM
US Stocks Close Higher as Market Sentiment Improves
  • Market Recovery: The S&P 500 rose by 0.37% and the Nasdaq 100 by 0.42%, with the Dow Jones Industrial Average hitting an all-time high, reflecting optimism about a potential US-Iran peace deal that could boost investor confidence.
  • Consumer Sentiment Decline: The University of Michigan's consumer sentiment index was revised down to a record low of 44.8, below the expected 48.2, indicating growing concerns among consumers about the economic outlook, which may impact future spending.
  • Rising Inflation Expectations: The 1-year inflation expectations for May were revised upward to 4.8%, exceeding the expected 4.6%, potentially prompting the Federal Reserve to consider interest rate hikes in upcoming meetings, which could pressure the stock market.
  • Tech Stocks Lead Gains: Workday's stock surged over 5% after reporting Q1 adjusted EPS of $2.66, surpassing expectations, highlighting strong performance in the software sector and potentially attracting more investor interest in tech stocks.
NASDAQ.COM
8.0
05-22NASDAQ.COM
Walmart and Alcoa Options Trading Volume Surges
  • Walmart Options Surge: Walmart's options trading volume reached 195,209 contracts today, representing approximately 19.5 million shares, which is 105.7% of its average daily trading volume over the past month, indicating strong market interest in its future performance.
  • High Strike Price Interest: Among Walmart's options, the $121 strike call option expiring on May 22, 2026, saw 11,670 contracts traded, representing about 1.2 million shares, reflecting investor expectations for a price increase.
  • Alcoa Options Activity: Alcoa's options trading volume today was 39,167 contracts, equivalent to approximately 3.9 million shares, which is 100.6% of its average daily trading volume over the past month, showing market interest in the aluminum sector's outlook.
  • Alcoa High Strike Price: For Alcoa, the $100 strike call option expiring on September 18, 2026, had a trading volume of 10,157 contracts, representing about 1.0 million shares, indicating investor confidence in a rebound in aluminum prices.
Wall Street analysts forecast AA stock price to rise
8 Analyst Rating
Wall Street analysts forecast AA stock price to rise
2 Buy
4 Hold
2 Sell
Hold
Current: 0.000
sliders
Low
38.00
Averages
57.63
High
78.00
Current: 0.000
sliders
Low
38.00
Averages
57.63
High
78.00
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.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for AA
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Valuation Metrics

The current forward P/E ratio for Alcoa Corp (AA.N) is 17.09, compared to its 5-year average forward P/E of -6.29. For a more detailed relative valuation and DCF analysis to assess Alcoa Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-6.29
Current PE
17.09
Overvalued PE
55.14
Undervalued PE
-67.72

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
6.81
Current EV/EBITDA
7.46
Overvalued EV/EBITDA
10.24
Undervalued EV/EBITDA
3.38

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.72
Current PS
1.28
Overvalued PS
0.94
Undervalued PS
0.51

Financials

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Whales Holding AA

M
Maple Rock Capital Partners Inc.
Holding
AA
+34.56%
3M Return
E
Encompass Capital Advisors LLC
Holding
AA
+24.95%
3M Return
C
Castle Hook Partners LP
Holding
AA
+19.49%
3M Return
B
Brevan Howard Capital Management LP
Holding
AA
+17.32%
3M Return
A
Allan Gray Australia Pty Ltd.
Holding
AA
+16.27%
3M Return
I
ID-Sparinvest, Filial af Sparinvest S.A., Luxembourg
Holding
AA
+15.87%
3M Return

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Frequently Asked Questions

What is Alcoa Corp (AA) stock price today?

The current price of AA is 77.64 USD — it has increased 2.73

What is Alcoa Corp (AA)'s business?

Alcoa Corporation is a vertically integrated aluminum company comprised of bauxite mining, alumina refining, aluminum production (smelting and casting), and energy generation. The Company's operations are comprised of two business segments: Alumina and Aluminum. The Alumina segment primarily consists of its bauxite mines and alumina refineries, and its operations include the mining of bauxite and other aluminous ores, as well as the refining, production, and sale of smelter grade and non-metallurgical alumina. The alumina produced by this segment is sold primarily to internal and external aluminum smelter customers; a portion of the alumina is sold to external customers who process it into industrial chemical products. The Aluminum segment consists of the Company's aluminum smelting and casting operations along with the Company's energy production assets in Brazil, Canada, and the United States. It has direct and indirect ownership of over 25 operating locations across eight countries.

What is the price predicton of AA Stock?

Wall Street analysts forecast AA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AA is57.63 USD with a low forecast of 38.00 USD and a high forecast of 78.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Alcoa Corp (AA)'s revenue for the last quarter?

Alcoa Corp revenue for the last quarter amounts to 3.19B USD, decreased -5.22

What is Alcoa Corp (AA)'s earnings per share (EPS) for the last quarter?

Alcoa Corp. EPS for the last quarter amounts to 1.60 USD, decreased -24.17

How many employees does Alcoa Corp (AA). have?

Alcoa Corp (AA) has 14900 emplpoyees as of June 01 2026.

What is Alcoa Corp (AA) market cap?

Today AA has the market capitalization of 20.49B USD.