Alcoa (NYSE:AA) Stock Price Target Cut by JPMorgan Chase & Co.

Posted by Brenda Bartman on Oct 7th, 2026

Alcoa (NYSE:AA – Get Free Report) had its price target lowered by stock analysts at JPMorgan Chase & Co. from $52.00 to $50.00 in a report released on Wednesday, Benzinga reports. The brokerage currently has a “neutral” rating on the industrial products company’s stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 18.54% from the company’s current price.

Several other equities research analysts have also issued reports on AA. Morgan Stanley reduced their price target on Alcoa from $53.00 to $50.00 and set an “equal weight” rating for the company in a report on Wednesday. Wall Street Zen raised shares of Alcoa from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Weiss Ratings reiterated a “hold (c+)” rating on shares of Alcoa in a research note on Monday, September 14th. Wells Fargo & Company decreased their target price on shares of Alcoa from $71.00 to $60.00 and set an “overweight” rating for the company in a research report on Friday, September 18th. Finally, BMO Capital Markets cut their price target on shares of Alcoa from $60.00 to $55.00 and set a “market perform” rating on the stock in a report on Friday, July 17th. Seven research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $61.00.

Get Our Latest Stock Report on AA

Alcoa Stock Down 2.3%

Shares of NYSE AA traded down $0.99 during mid-day trading on Wednesday, reaching $42.18. The company had a trading volume of 1,350,224 shares, compared to its average volume of 5,851,138. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.92 and a current ratio of 1.53. Alcoa has a twelve month low of $35.01 and a twelve month high of $84.38. The stock’s 50 day moving average is $47.68 and its 200-day moving average is $56.93. The stock has a market capitalization of $11.13 billion, a PE ratio of 8.68, a price-to-earnings-growth ratio of 0.49 and a beta of 1.74.

Alcoa (NYSE:AA – Get Free Report) last issued its earnings results on Thursday, July 16th. The industrial products company reported $2.12 EPS for the quarter, missing analysts’ consensus estimates of $2.25 by ($0.13). Alcoa had a net margin of 9.48% and a return on equity of 18.90%. The firm had revenue of $3.97 billion during the quarter, compared to analysts’ expectations of $3.99 billion. During the same quarter last year, the firm earned $0.39 EPS. As a group, equities analysts anticipate that Alcoa will post 6.61 earnings per share for the current fiscal year.

Insider Activity at Alcoa

In other news, EVP Tammi Jones sold 15,628 shares of Alcoa stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $50.60, for a total value of $790,776.80. Following the transaction, the executive vice president owned 39,819 shares of the company’s stock, valued at $2,014,841.40. This trade represents a 28.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Renato Bacchi sold 700 shares of Alcoa stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $51.02, for a total transaction of $35,714.00. Following the completion of the transaction, the executive vice president directly owned 74,930 shares in the company, valued at approximately $3,822,928.60. This represents a 0.93% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.43% of the company’s stock.

Hedge Funds Weigh In On Alcoa

Large investors have recently made changes to their positions in the business. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Alcoa in the 2nd quarter worth approximately $25,000. Caitong International Asset Management Co. Ltd boosted its position in shares of Alcoa by 5,281.8% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 592 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 581 shares during the period. Western Wealth Management LLC acquired a new stake in shares of Alcoa in the first quarter worth $35,000. Orion Capital Management LLC acquired a new stake in shares of Alcoa in the second quarter worth $52,000. Finally, Costello Asset Management INC bought a new position in Alcoa during the first quarter worth $53,000. Institutional investors and hedge funds own 82.39% of the company’s stock.

About Alcoa

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Alcoa Corporation (NYSE:AA) is a global producer of aluminum and an integrated participant in the aluminum industry. Its operations span the value chain from bauxite mining and alumina refining to aluminum smelting, casting and recycling.

The company supplies aluminum products used in transportation, building and construction, packaging, aerospace, automotive, electrical and other industrial applications. Its portfolio includes primary aluminum, alumina, aluminum billets and other cast products, as well as low-carbon and recycled aluminum offerings.

Alcoa traces its origins to the Pittsburgh Reduction Company, founded in 1888, and has helped develop the modern aluminum industry.