Alcoa (AA) Stock Forecast & Price Target

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$36.22

-0.35 (-0.96%)

(As of 01:27 PM ET)

Alcoa Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 13 Analyst Ratings

Analysts' Consensus Price Target

$30.88
-14.76% Downside

High Forecast	$42.00
Average Forecast	$30.88
Low Forecast	$25.00

Type	Current Forecast 4/17/23 to 4/16/24	1 Month Ago 3/18/23 to 3/17/24	3 Months Ago 1/17/23 to 1/17/24	1 Year Ago 4/17/22 to 4/17/23
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	3 Buy rating(s)	3 Buy rating(s)	2 Buy rating(s)
Hold	7 Hold rating(s)	7 Hold rating(s)	7 Hold rating(s)	6 Hold rating(s)
Sell	3 Sell rating(s)	3 Sell rating(s)	3 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$30.88	$31.21	$30.42	$50.00
Predicted Upside	-14.76% Downside	10.51% Upside	10.26% Upside	7.31% Upside

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AA Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

AA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Alcoa Stock vs. The Competition

Type	Alcoa	Industrial Products Companies	S&P 500
Consensus Rating Score	2.00	2.55	2.49
Consensus Rating	Hold	Moderate Buy	Hold
Predicted Upside	-13.78% Downside	126.33% Upside	12.06% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

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Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
3/18/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$31.00 ➝ $32.00	+1.62%
1/18/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$30.00 ➝ $32.00	+19.14%
1/18/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Underweight ➝ Underweight	$27.00 ➝ $29.50	+7.70%
1/18/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Market Perform ➝ Market Perform	$30.00 ➝ $29.00	+1.29%
1/16/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Sell ➝ Sell	$29.00	-3.43%
12/12/2023	B. Riley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$26.00 ➝ $25.00	+2.50%
Get the Latest News and Ratings for AA and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Alcoa and its competitors with MarketBeat's FREE daily newsletter.
12/7/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Hold	$29.00	+15.38%
10/20/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$42.00 ➝ $32.00	+31.63%
10/20/2023	B. Riley Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral	$34.00 ➝ $26.00	+7.62%
10/4/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$45.00 ➝ $40.00	+44.67%
7/24/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold
7/20/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform	$46.00 ➝ $42.00	+20.55%
7/11/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Market Perform ➝ Underperform	$25.00	-26.79%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 01:46 PM ET.

AA Price Target - Frequently Asked Questions

What is Alcoa's consensus rating and price target?: According to the issued ratings of 13 analysts in the last year, the consensus rating for Alcoa stock is Hold based on the current 3 sell ratings, 7 hold ratings and 3 buy ratings for AA. The average twelve-month price prediction for Alcoa is $30.88 with a high price target of $42.00 and a low price target of $25.00. Learn more on AA's analyst rating history.
Do Wall Street analysts like Alcoa more than its competitors?: Analysts like Alcoa less than other Industrial Products companies. The consensus rating for Alcoa is Hold while the average consensus rating for industrial products companies is Moderate Buy. Learn more on how AA compares to other companies.
Does Alcoa's stock price have much upside?: According to analysts, Alcoa's stock has a predicted upside of 9.28% based on their 12-month stock forecasts.

What analysts cover Alcoa?: Alcoa has been rated by Bank of America, BMO Capital Markets, JPMorgan Chase & Co., and Morgan Stanley in the past 90 days.

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This page (NYSE:AA) was last updated on 4/16/2024 by MarketBeat.com Staff

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Alcoa (AA) Stock Forecast & Price Target

Alcoa Consensus Analyst Rating and Stock Price Forecast (2024)

Analysts' Consensus Rating

Analysts' Consensus Price Target

AA Analyst Ratings By Month

AA Price Targets by Month

Alcoa Stock vs. The Competition

Recent Analyst Ratings and Stock Forecasts

AA Price Target - Frequently Asked Questions

Stock Ratings Reports and Tools

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