Alcoa (NYSE:AA) Stock Rating Raised to Strong-Buy at Wall Street Zen

Posted by George Bondi on Oct 18th, 2026

Wall Street Zen upgraded shares of Alcoa (NYSE:AA – Free Report) from a buy rating to a strong-buy rating in a research note issued to investors on Saturday morning,Wall Street Zen reports.

Several other brokerages have also recently weighed in on AA. Morgan Stanley dropped their price objective on Alcoa from $53.00 to $50.00 and set an “equal weight” rating for the company in a report on Wednesday, October 7th. Bank of America cut their target price on shares of Alcoa from $57.00 to $51.00 and set an “underperform” rating on the stock in a research report on Thursday, July 9th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Alcoa in a research note on Monday, September 14th. Barclays initiated coverage on shares of Alcoa in a research report on Wednesday. They set an “overweight” rating and a $55.00 price target for the company. Finally, Wells Fargo & Company reiterated an “overweight” rating on shares of Alcoa in a research report on Friday. Seven research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Alcoa presently has a consensus rating of “Hold” and a consensus target price of $62.17.

Read Our Latest Report on AA

Alcoa Trading Up 2.6%

AA stock opened at $41.45 on Friday. The company has a quick ratio of 0.92, a current ratio of 1.53 and a debt-to-equity ratio of 0.30. Alcoa has a twelve month low of $35.12 and a twelve month high of $84.38. The company has a market cap of $10.94 billion, a P/E ratio of 7.16, a PEG ratio of 0.51 and a beta of 1.74. The business has a fifty day moving average of $46.92 and a 200-day moving average of $56.04.

Alcoa (NYSE:AA – Get Free Report) last issued its quarterly earnings results on Thursday, October 15th. The industrial products company reported $1.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.51 by $0.31. The business had revenue of $3.70 billion for the quarter, compared to analyst estimates of $3.77 billion. Alcoa had a return on equity of 25.92% and a net margin of 10.77%. The firm’s revenue for the quarter was up 23.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.88 earnings per share. As a group, equities research analysts expect that Alcoa will post 6.69 EPS for the current year.

Alcoa Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Tuesday, October 27th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, October 27th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.0%. Alcoa’s dividend payout ratio is 8.23%.

Insiders Place Their Bets

In other news, EVP Renato Bacchi sold 700 shares of the firm’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $51.02, for a total value of $35,714.00. Following the transaction, the executive vice president directly owned 74,930 shares in the company, valued at $3,822,928.60. This trade represents a 0.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Tammi Jones sold 15,628 shares of the firm’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $50.60, for a total value of $790,776.80. Following the completion of the transaction, the executive vice president owned 39,819 shares in the company, valued at $2,014,841.40. This represents a 28.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure.

Hedge Funds Weigh In On Alcoa

Several hedge funds have recently added to or reduced their stakes in AA. BlackRock Inc. acquired a new position in shares of Alcoa during the 2nd quarter worth about $1,528,523,000. Bank of New York Mellon Corp bought a new stake in shares of Alcoa in the 2nd quarter valued at about $166,194,000. Amundi increased its stake in shares of Alcoa by 47.8% in the 1st quarter. Amundi now owns 2,009,013 shares of the industrial products company’s stock valued at $133,258,000 after acquiring an additional 649,693 shares during the last quarter. Maple Rock Capital Partners Inc. increased its stake in shares of Alcoa by 74.7% in the 2nd quarter. Maple Rock Capital Partners Inc. now owns 1,577,720 shares of the industrial products company’s stock valued at $82,262,000 after acquiring an additional 674,400 shares during the last quarter. Finally, Nykredit A S acquired a new stake in shares of Alcoa in the 2nd quarter valued at approximately $74,407,000.

Key Alcoa News

Here are the key news stories impacting Alcoa this week:

Positive Sentiment: Profit more than doubled. Alcoa reported third-quarter net income of $483 million, up from $232 million a year earlier, while adjusted earnings per share of $1.82 exceeded analysts’ expectations of approximately $1.51–$1.54. Revenue rose 23.7% year over year to $3.704 billion. Alcoa rallies after posting higher Q3 profit
Positive Sentiment: Operations and cash generation improved. Higher aluminum production, better refinery performance and strong quarterly free cash flow supported investor confidence. Management reaffirmed full-year production and shipment guidance across alumina and aluminum. Why Alcoa Stock Popped on Friday
Positive Sentiment: Asset monetization provides a potential cash boost. Alcoa agreed to sell portions of its Massena East site for as much as $315 million, including land intended for data-center development. The transaction supports the company’s goal of monetizing $500 million to $1 billion of assets by 2030. Alcoa plans to sell part of its Massena East site
Positive Sentiment: South32 transaction advanced. South32 shareholders approved Alcoa’s planned acquisition of assets in Australia, Brazil and South Africa. Alcoa has completed $2.6 billion in debt financing, with the multibillion-dollar AliGroup deal targeted to close in the first half of 2027. Alcoa key takeaways for long-term investors
Positive Sentiment: Shareholder returns continued. The board declared a quarterly dividend of $0.10 per share, payable November 13 to investors of record October 27. Barclays also initiated coverage with an Overweight rating and a $55 price target. Alcoa declares quarterly cash dividend

Alcoa Company Profile

(Get Free Report)

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.