ALCOA CORP (AA) Forecast, Price Target & Analyst Ratings

NYSE:AA • US0138721065

Current stock price

73.31 USD
+0.28 (+0.38%)
At close:
73.45 USD
+0.14 (+0.19%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for ALCOA CORP (AA).

Forecast Snapshot

Consensus Price Target

Price Target
$68.82
-6.12% Downside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 16, 2026
Period
Q1 / 2026
EPS Estimate
$1.53
Revenue Estimate
3.411B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
76.52%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$68.82
Upside
-6.12%
From current price of $73.31 to mean target of $68.82, Based on 23 analyst forecasts
Low
$42.42
Median
$72.42
High
$81.90

Price Target Revisions

1 Month
8.43%
3 Months
51.49%

Price Target Summary

23 Wall Street analysts provided a forecast for the next 12 months for AA. The average price target is 68.82 USD. This implies a price decrease of -6.12% is expected in the next year compared to the current price of 73.31.
The average price target has been revised upward by 51.49% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

AA Current Analyst RatingAA Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6

Analyst Ratings History

AA Historical Analyst RatingsAA Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20

Analyst Ratings Consensus

ChartMill Buy Consensus
76.52%
AA was analyzed by 23 analysts. The buy percentage consensus is at 77. So analysts seem to be have mildly positive about AA.
In the previous month the buy percentage consensus was at a similar level.
AA was analyzed by 23 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-04-09BMO CapitalMaintains Market Perform -> Market Perform
2026-04-09JP MorganMaintains Neutral -> Neutral
2026-04-09Morgan StanleyUpgrade Equal-Weight -> Overweight
2026-04-07B. Riley SecuritiesMaintains Buy -> Buy
2026-03-16CitigroupMaintains Buy -> Buy
2026-03-13JP MorganUpgrade Underweight -> Neutral
2026-03-12UBSMaintains Neutral -> Neutral
2026-01-27Morgan StanleyDowngrade Overweight -> Equal-Weight
2026-01-23Wells FargoMaintains Equal-Weight -> Equal-Weight
2026-01-13Wells FargoDowngrade Overweight -> Equal-Weight
2026-01-08JP MorganDowngrade Neutral -> Underweight
2025-12-23Wells FargoMaintains Overweight -> Overweight
2025-12-19CitigroupMaintains Buy -> Buy
2025-12-12UBSMaintains Neutral -> Neutral
2025-12-05JP MorganMaintains Neutral -> Neutral
2025-10-23BMO CapitalMaintains Market Perform -> Market Perform
2025-10-23JP MorganMaintains Neutral -> Neutral
2025-10-17HSBCMaintains Buy -> Buy
2025-10-09JP MorganMaintains Neutral -> Neutral
2025-10-08Wells FargoInitiate Overweight
2025-10-08Morgan StanleyMaintains Overweight -> Overweight
2025-09-23B. Riley SecuritiesMaintains Buy -> Buy
2025-09-19UBSMaintains Neutral -> Neutral
2025-09-09B. Riley SecuritiesMaintains Buy -> Buy
2025-07-18Morgan StanleyMaintains Overweight -> Overweight

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 16, 2026
Period
Q1 / 2026
EPS Estimate
$1.53
Revenue Estimate
3.411B
Revenue Q2Q
1.25%
EPS Q2Q
-29.01%
Number of Analysts
14

Next Earnings Revisions

Revenue (1 Month)
0.29%
Revenue (3 Months)
-0.12%
EPS (1 Month)
23.49%
EPS (3 Months)
42.07%

Next Earnings Summary

AA is expected to report earnings on 4/16/2026. The consensus EPS estimate for the next earnings is 1.53 USD and the consensus revenue estimate is 3.41B USD.
The next earnings revenue estimate has been revised downward by 0.12% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2033

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Revenue
YoY % growth
AA revenue by date.AA revenue by date.
10.551B
-15.26%		11.895B
12.74%		12.831B
7.87%		14.652B
14.19%		14.652B14.497B
-1.06%		15.664B
8.05%		10.788B
-31.13%		11.28B
4.56%		11.792B
4.54%		12.329B
4.55%
EBITDA
YoY % growth
AA ebitda by date.AA ebitda by date.
473M
-76.39%		1.519B
221.14%		1.85B
21.79%		2.932B
58.49%		3.062B
4.43%		2.882B
-5.88%		1.514B
-47.47%		1.583B
4.56%		1.654B
4.49%		1.729B
4.53%		N/A
EBIT
YoY % growth
AA ebit by date.AA ebit by date.
-159M
-111.47%		877M
651.57%		1.227B
39.91%		2.223B
81.17%		1.98B
-10.93%		2.033B
2.68%		1.344B
-33.89%		1.121B
-16.59%		1.171B
4.46%		1.225B
4.61%		1.281B
4.57%
Operating Margin
AA operating margin by date.AA operating margin by date.
-1.51%7.37%9.56%15.17%13.51%14.02%8.58%10.39%10.38%10.39%10.39%
EPS
YoY % growth
AA eps by date.AA eps by date.
-2.28
-148.51%		0.96
142.11%		3.78
293.75%		5.76
52.32%		5.99
4.09%		5.46
-8.93%		3.57
-34.52%		2.98
-16.71%		3.11
4.50%		3.25
4.64%		3.41
4.75%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		1.53
-29.01%		1.60
311.27%		1.56
7,907.40%		1.61
27.40%		1.62
6.29%		1.59
-0.79%		1.47
-5.84%		1.39
-13.21%		1.87
15.56%		1.62
1.62%		1.58
7.18%		1.55
10.91%
Revenue
Q2Q % growth		3.411B
1.25%		3.762B
24.65%		3.7B
23.54%		3.81B
10.47%		3.687B
8.09%		3.729B
-0.88%		3.729B
0.78%		3.746B
-1.68%		3.904B
5.89%		3.829B
2.68%		3.834B
2.82%		3.839B
2.48%
EBITDA
Q2Q % growth		658.32M
-22.37%		785.73M
87.08%		810.04M
58.21%		857.46M
-12.50%		724.85M
10.11%		750.68M
-4.46%		739.06M
-8.76%		725.1M
-15.44%		878.3M
21.17%		798.52M
6.37%		790.98M
7.03%		783.41M
8.04%
EBIT
Q2Q % growth		529.36M
-24.38%		710.22M
496.82%		737.84M
1,346.75%		781.75M
118.98%		550.02M
3.90%		559.29M
-21.25%		502.64M
-31.88%		461.44M
-40.97%		697.08M
26.74%		616.21M
10.18%		607.59M
20.88%		599.55M
29.93%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

AA Yearly Revenue VS EstimatesAA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5B 10B 15B
AA Yearly EPS VS EstimatesAA Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 0 2 -2 4 6

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
13.03%
EPS Next 5 Year
-4.67%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
3.53%
Revenue Next 5 Year
-3.76%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
28.23%
EBIT Next 5 Year
2.98%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

ALCOA CORP / AA Forecast FAQ

What do analysts expect the price target to be for ALCOA CORP (AA)?

23 analysts have analysed AA and the average price target is 68.82 USD. This implies a price decrease of -6.12% is expected in the next year compared to the current price of 73.31.

What is the next earnings date for AA stock?

ALCOA CORP (AA) will report earnings on 2026-04-16, after the market close.

What are the consensus estimates for AA stock next earnings?

The consensus EPS estimate for the next earnings of ALCOA CORP (AA) is 1.53 USD and the consensus revenue estimate is 3.41B USD.

What is the expected long term growth rate for AA stock?

The expected long term growth rate for ALCOA CORP (AA) is 3.53%.