CENX Should I Buy
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Century Aluminum Co (CENX) is a good buy for a beginner investor with a long-term strategy and $50,000-$100,000 available for investment. The company's recent partnership with Emirates Global Aluminium, strong analyst ratings, and potential for growth in the aluminum industry make it an attractive investment. Despite some short-term financial challenges, the long-term outlook and positive catalysts outweigh the risks.
The stock's MACD is negative and expanding, indicating bearish momentum. RSI is neutral at 47.722. However, the moving averages are bullish (SMA_5 > SMA_20 > SMA_200), and the stock is trading near a key support level (S1: 45.71). This suggests a potential rebound opportunity.
Partnership with Emirates Global Aluminium to build the first U.S. aluminum smelter in 45 years, creating jobs and boosting domestic production.
Analysts have raised price targets significantly, with B. Riley setting a target of $
Government initiatives like Section 232 tariffs and 45X tax credits support the aluminum industry.
Hedge funds are selling, with a 1267.52% increase in selling activity last quarter.
Financial performance in Q3 2025 showed a significant drop in net income (-68.53%) and EPS (-69.57%).
In Q3 2025, revenue increased by 17.27% YoY to $632.2M, but net income dropped by 68.53% YoY to $14.1M. EPS fell by 69.57% YoY to $0.14, and gross margin declined to 12.23%, down 19.38% YoY. While revenue growth is promising, profitability metrics have weakened.
Analysts are bullish on CENX, with recent upgrades in price targets from B. Riley ($64), Wells Fargo ($46), and Texas Capital ($42). Analysts highlight the company's strong position in the U.S. aluminum market, supply constraints, and government support as key drivers for growth.
