Alcoa Corporation

AANYSEMaterialsAluminum

$41.45- (-)1Y +12.37%

As of Oct 16, 2026 close

Market cap: $10.75B
P/E (TTM): 8.42
Forward P/E: 6.56
Dividend yield: 0.99%
52-week range: $35.12$84.38
Volume (live): -
Avg. volume (3M): 4.32M

Alcoa Corporation (AA) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Alcoa Corporation stock.

Analyst Consensus Rating

Investment consensus from 8 professional research analysts

Consensus Rating

Buy

Based on 8 unique analysts

(11 total ratings in last 90 days)

Medium Confidence5.0:1 Buy/Sell

Average Price Target

$64.29

+55.10% upside

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Strong Sell

Sell

Hold

Buy

Strong Buy

Latest AA Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Date	Analyst	Firm	Action	Rating	Price Target
Oct 7, 2026	Bill Peterson	JP Morgan	Reiterates	Hold	$52.00 → $50.00 −2.00 (−3.9%)
Oct 7, 2026	Carlos De Alba	Morgan Stanley	Reiterates	Hold	$50.00 → $53.00 +3.00 (+6.0%)
Sep 23, 2026	Nick Giles	B Riley	Initiates	Buy	$80.00
Sep 22, 2026	Vitaly Kononov	Freedom Capital	Maintains	Buy	$64.00 → $76.00 +12.00 (+18.8%)
Sep 21, 2026	Carlos De Alba	Morgan Stanley	Reiterates	Hold	$53.00
Sep 18, 2026	Timna Tanners	Wells Fargo	Reiterates	Buy	$71.00 → $60.00 −11.00 (−15.5%)
Sep 12, 2026	Alexander Hacking	Citi	Maintains	Buy	$76.00
Sep 11, 2026	Alexander Hacking	Citi	Maintains	Buy	$76.00
Sep 1, 2026	Zacks Equity Research	Zacks Equity Research	Initiates Coverage	Sell	-
Jul 22, 2026	Alexandra Yates	Argus Research	Reiterates	Buy	$73.00 → $55.00 −18.00 (−24.7%)
Jul 21, 2026	Alexandra Yates	Argus Research	Initiates Coverage	Buy	$73.00 → $55.00 −18.00 (−24.7%)

Bill Peterson

JP Morgan

HoldReiterates

$52.00 → $50.00

Oct 7

Carlos De Alba

Morgan Stanley

HoldReiterates

$50.00 → $53.00

Oct 7

Nick Giles

B Riley

BuyInitiates

$80.00

Sep 23

Vitaly Kononov

Freedom Capital

BuyMaintains

$64.00 → $76.00

Sep 22

Carlos De Alba

Morgan Stanley

HoldReiterates

$53.00

Sep 21

Timna Tanners

Wells Fargo

BuyReiterates

$71.00 → $60.00

Sep 18

Alexander Hacking

Citi

BuyMaintains

$76.00

Sep 12

Alexander Hacking

Citi

BuyMaintains

$76.00

Sep 11

Zacks Equity Research

SellInitiates Coverage

Sep 1

Alexandra Yates

Argus Research

BuyReiterates

$73.00 → $55.00

Jul 22

Alexandra Yates

Argus Research

BuyInitiates Coverage

$73.00 → $55.00

Jul 21

Source: Professional analyst ratings and price targets from the last 90 days. Data as of Oct 7, 2026. Data sources and methodology

Frequently Asked Questions

What is the analyst consensus rating for AA?

The analyst consensus rating for AA is Buy, based on the latest ratings from 8 analysts over the last 90 days.

What is the average price target for AA?

The average 12-month price target for AA is $64.29, representing an upside of 55.1% from the Oct 16, 2026 close of $41.45.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.