Alcoa Corporation (AA)
NYSE: AA · IEX Real-Time Price · USD
34.00
-0.55 (-1.59%)
At close: Dec 29, 2023, 4:00 PM
33.88
-0.12 (-0.35%)
After-hours: Dec 29, 2023, 7:57 PM EST
Alcoa Stock Forecast
Stock Price Forecast
According to 13 stock analysts, the average 12-month stock price forecast for Alcoa stock is $34.54, which predicts an increase of 1.59%. The lowest target is $25 and the highest is $50. On average, analysts rate Alcoa stock as a hold.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Alcoa stock from 14 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '23 | Aug '23 | Sep '23 | Oct '23 | Nov '23 | Dec '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 6 | 6 | 6 | 7 | 7 | 8 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 13 | 13 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Hold Maintains $28 → $36 | Hold | Maintains | $28 → $36 | +5.88% | Dec 21, 2023 |
| B. Riley Securities | B. Riley Securities | Hold Maintains $26 → $25 | Hold | Maintains | $26 → $25 | -26.47% | Dec 12, 2023 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $28 → $27 | Sell | Maintains | $28 → $27 | -20.59% | Dec 7, 2023 |
| HSBC | HSBC | Hold Initiates $29 | Hold | Initiates | $29 | -14.71% | Dec 7, 2023 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $29 → $28 | Sell | Maintains | $29 → $28 | -19.12% | Oct 24, 2023 |
Financial Forecast
Revenue This Year
10.93B
from 12.45B
Decreased by -12.25%
Revenue Next Year
11.43B
from 10.93B
Increased by 4.61%
EPS This Year
-2.36
from -0.68
EPS Next Year
1.39
from -2.36
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 11.2B | 12.6B | 13.6B |
| Avg | 10.9B | 11.4B | 12.4B |
| Low | 10.3B | 10.0B | 11.2B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | -9.9% | 15.4% | 19.2% |
| Avg | -12.2% | 4.6% | 8.4% |
| Low | -17.4% | -8.3% | -2.2% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | -1.96 | 3.68 | 3.15 | 3.08 |
| Avg | -2.36 | 1.39 | 2.46 | 3.02 |
| Low | -2.71 | -0.75 | 1.14 | 2.87 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | - | - | 125.9% | 25.0% |
| Avg | - | - | 76.6% | 22.6% |
| Low | - | - | -18.4% | 16.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.