Wells Fargo & Company Issues Pessimistic Forecast for Constellium (NYSE:CSTM) Stock Price

Key Points

• Wells Fargo cut Constellium’s price target from $38 to $33 while maintaining an “overweight” rating; the new target still implies roughly 35.5% upside from the reported $24.35 share price.
• Analyst sentiment remains broadly positive, with five Buy ratings and three Holds, producing a “Moderate Buy” consensus and an average price target of $33. JPMorgan also upgraded the stock to “overweight,” while Deutsche Bank and UBS lowered their targets.
• Constellium exceeded quarterly expectations with EPS of $0.84 versus $0.73 expected and revenue of $2.64 billion, up 21.8% year over year. However, concerns about declining shipments, slower future growth and elevated leverage remain risks for the cyclical aluminum producer.

Constellium (NYSE:CSTM - Get Free Report) had its price target dropped by investment analysts at Wells Fargo & Company from $38.00 to $33.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The firm currently has an "overweight" rating on the industrial products company's stock. Wells Fargo & Company's target price indicates a potential upside of 35.52% from the company's current price.

Other equities analysts have also issued research reports about the company. Wall Street Zen lowered Constellium from a "strong-buy" rating to a "buy" rating in a research note on Saturday, October 17th. Zacks Research lowered shares of Constellium from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, October 6th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Constellium from $39.00 to $36.00 and set a "buy" rating on the stock in a report on Thursday, October 8th. UBS Group cut their price objective on shares of Constellium from $34.00 to $32.00 and set a "buy" rating on the stock in a research report on Thursday, October 8th. Finally, JPMorgan Chase & Co. upgraded shares of Constellium from a "neutral" rating to an "overweight" rating and set a $35.00 price objective for the company in a research note on Thursday. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $33.00.

Constellium Stock Down 0.3%

NYSE:CSTM traded down $0.08 during trading hours on Thursday, reaching $24.35. The company's stock had a trading volume of 210,749 shares, compared to its average volume of 1,943,371. Constellium has a 12 month low of $14.62 and a 12 month high of $36.99. The stock has a 50 day moving average price of $25.67 and a two-hundred day moving average price of $27.82. The company has a market capitalization of $3.30 billion, a P/E ratio of 6.28 and a beta of 1.57. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.61 and a current ratio of 1.43.

Constellium (NYSE:CSTM - Get Free Report) last released its quarterly earnings results on Wednesday, October 28th. The industrial products company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.73 by $0.11. The firm had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.50 billion. Constellium had a return on equity of 51.66% and a net margin of 5.69%. The business's revenue for the quarter was up 21.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.62 EPS. Equities analysts predict that Constellium will post 3.79 EPS for the current fiscal year.

Insider Buying and Selling at Constellium

In related news, Director Jean-Christophe Deslarzes acquired 1,490 shares of the business's stock in a transaction dated Monday, August 3rd. The shares were purchased at an average price of $27.24 per share, for a total transaction of $40,587.60. Following the completion of the acquisition, the director directly owned 43,515 shares in the company, valued at $1,185,348.60. The trade was a 3.55% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.20% of the company's stock.

Hedge Funds Weigh In On Constellium

Hedge funds and other institutional investors have recently modified their holdings of the stock. Orion Capital Management LLC purchased a new stake in shares of Constellium in the second quarter valued at approximately $32,000. POM Investment Strategies LLC acquired a new stake in Constellium in the 2nd quarter valued at $32,000. USA Financial Formulas acquired a new stake in Constellium in the 3rd quarter valued at $44,000. GAMMA Investing LLC grew its stake in Constellium by 12.5% in the 3rd quarter. GAMMA Investing LLC now owns 4,010 shares of the industrial products company's stock valued at $97,000 after acquiring an additional 447 shares during the period. Finally, Signaturefd LLC increased its holdings in Constellium by 48.0% in the 3rd quarter. Signaturefd LLC now owns 5,881 shares of the industrial products company's stock worth $142,000 after acquiring an additional 1,908 shares in the last quarter. 92.59% of the stock is owned by hedge funds and other institutional investors.

More Constellium News

Here are the key news stories impacting Constellium this week:

• Positive Sentiment: JPMorgan upgraded Constellium from “Neutral” to “Overweight” and assigned a $35 price target, implying approximately 43.9% upside from the referenced $24.32 share price. The upgrade signals increased confidence in the company’s earnings and valuation outlook.
• Positive Sentiment: Constellium reported third-quarter adjusted earnings of $0.84 per share, exceeding the $0.73–$0.74 analyst consensus and rising from $0.62 a year earlier. Revenue increased 21.8% year over year to $2.64 billion, also surpassing expectations. Constellium Reports Strong Third Quarter 2026 Results; Raises Full Year 2026 Guidance
• Positive Sentiment: Management raised its full-year 2026 guidance, reinforcing the favorable impact of strong packaging and aerospace demand, higher sales volumes, and cost controls. Constellium Beats Q3 Earnings and Revenue Estimates
• Neutral Sentiment: The earnings call transcript may provide additional detail on end-market demand, pricing, costs, and the sustainability of the improved 2026 outlook. Constellium Q3 2026 Earnings Call Transcript
• Negative Sentiment: Some coverage highlighted declining shipments and an outlook suggesting slower growth ahead. Those concerns could offset the earnings beat and guidance increase, particularly given Constellium’s exposure to cyclical industrial demand and elevated leverage. Constellium Shares Fall as Shipments Decline and Outlook Signals Slower Growth

About Constellium

Constellium SE NYSE: CSTM is a global manufacturer of aluminum products and components. The company develops and produces rolled, extruded and formed aluminum solutions for customers in the aerospace, automotive, packaging, transportation and industrial sectors.

Its products include aerospace plates and sheets, automotive body and structural components, aluminum beverage-can sheet, foil stock, extrusions and other engineered components. Constellium's offerings are used in aircraft structures, vehicles, beverage and food packaging, rail transportation and various industrial applications.

Constellium was established in 2011 following the acquisition and combination of aluminum products businesses formerly associated with Alcan.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.