JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Alcoa (NYSE:AA) Stock

Alcoa (NYSE:AA) had its price objective boosted by investment analysts at JPMorgan Chase & Co. from $68.00 to $70.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the industrial products company’s stock. JPMorgan Chase & Co.‘s price objective suggests a potential downside of 5.25% from the company’s current price.

Several other equities analysts have also commented on the stock. Wall Street Zen raised shares of Alcoa from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Morgan Stanley raised shares of Alcoa from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $64.00 to $80.00 in a report on Thursday. Weiss Ratings reissued a “hold (c)” rating on shares of Alcoa in a report on Monday, December 29th. Zacks Research cut shares of Alcoa from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 13th. Finally, B. Riley Financial increased their price objective on shares of Alcoa from $78.00 to $96.00 and gave the company a “buy” rating in a research note on Tuesday. Four research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $61.73.

Alcoa Price Performance

AA stock traded up $2.12 during mid-day trading on Thursday, hitting $73.88. The stock had a trading volume of 4,056,718 shares, compared to its average volume of 7,606,589. The company has a current ratio of 1.44, a quick ratio of 0.87 and a debt-to-equity ratio of 0.40. Alcoa has a 52 week low of $22.48 and a 52 week high of $75.70. The firm has a market capitalization of $19.49 billion, a P/E ratio of 16.75 and a beta of 1.70. The firm has a fifty day simple moving average of $62.27 and a 200 day simple moving average of $50.95.

Alcoa (NYSE:AA) last released its earnings results on Thursday, January 22nd. The industrial products company reported $1.26 EPS for the quarter, beating the consensus estimate of $0.95 by $0.31. Alcoa had a net margin of 9.12% and a return on equity of 16.19%. The firm had revenue of $6.75 billion for the quarter, compared to analyst estimates of $3.28 billion. During the same period last year, the firm earned $1.04 EPS. The business’s quarterly revenue was down 1.1% compared to the same quarter last year. As a group, research analysts forecast that Alcoa will post 4.43 EPS for the current year.

Institutional Investors Weigh In On Alcoa

Institutional investors have recently added to or reduced their stakes in the business. Basepoint Wealth LLC bought a new stake in Alcoa during the 4th quarter worth approximately $25,000. Raleigh Capital Management Inc. grew its holdings in Alcoa by 52,500.0% during the 4th quarter. Raleigh Capital Management Inc. now owns 526 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 525 shares during the last quarter. CoreCap Advisors LLC grew its holdings in Alcoa by 74.1% during the 4th quarter. CoreCap Advisors LLC now owns 557 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 237 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its holdings in Alcoa by 5,281.8% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 592 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 581 shares during the last quarter. Finally, Quarry LP grew its holdings in Alcoa by 96.0% during the 4th quarter. Quarry LP now owns 694 shares of the industrial products company’s stock worth $37,000 after acquiring an additional 340 shares during the last quarter.

Key Headlines Impacting Alcoa

Here are the key news stories impacting Alcoa this week:

• Positive Sentiment: Morgan Stanley upgraded AA from “equal weight” to “overweight” and raised its price target to $80 (from $64), signaling a materially higher near-term upside and likely driving buy-side interest. Article
• Positive Sentiment: B. Riley issued a Buy and forecasted strong price appreciation for Alcoa, providing another independent buy signal that can attract discretionary and institutional flows. Alcoa (AA) Gets a Buy from B. Riley Securities
• Positive Sentiment: Media coverage flagged billionaire Stan Druckenmiller’s past stake in Alcoa, which can boost investor confidence and headline-driven demand. Article
• Positive Sentiment: Analysis pieces point to potential tailwinds from geopolitical risk supporting aluminum producers, a fundamental argument that underpins longer-term upside for Alcoa. Alcoa Can See Tailwinds Driven By Geopolitical Risk
• Neutral Sentiment: BMO raised its price target to $75 but kept a “market perform” rating, reflecting modest upside (~1–2%) versus the current price and a more cautious tone than other brokers. This tempers the bullish chorus. Article
• Neutral Sentiment: The rally appears to be driven by analyst headlines rather than heavy trading — volume today is below the stock’s average and AA is trading near its 52‑week high, which could limit incremental upside until fundamentals or flows confirm the move.

About Alcoa

Alcoa Corporation is a global industry leader in the production and management of aluminum, offering an integrated value chain that spans bauxite mining, alumina refining, primary aluminum smelting and the fabrication of value-added products. The company’s operations are organized into segments that include raw material extraction, chemical processing and the manufacture of metal mill products and engineered solutions.

Alcoa’s product portfolio serves diverse end markets such as aerospace, automotive, packaging, construction, electrical and industrial applications.