Alcoa Stock Forecast

Stock Price Forecast

According to 11 professional analysts, the 12-month price target for Alcoa stock ranges from a low of $27 to a high of $45. The average analyst price target of $37.09 forecasts a 13.39% increase in the stock price over the next year.

Price Target: $37.09 (+13.39%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$27	$37.09	$38	$45
Change	-17.46%	+13.39%	+16.17%	+37.57%

Analyst Ratings

The average analyst rating for Alcoa stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Apr '25	May '25	Jun '25	Jul '25	Aug '25	Sep '25
Strong Buy	6	6	5	6	6	6
Buy	2	2	2	2	2	2
Hold	2	3	3	3	3	3
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	11	12	11	12	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Nick Giles B. Riley Securities	B. Riley Securities	Strong Buy Maintains $38 → $40	Strong Buy	Maintains	$38 → $40	+22.29%	Sep 23, 2025
Daniel Major UBS	UBS	Hold Maintains $31 → $34	Hold	Maintains	$31 → $34	+3.94%	Sep 19, 2025
Nick Giles B. Riley Securities	B. Riley Securities	Strong Buy Maintains $37 → $38	Strong Buy	Maintains	$37 → $38	+16.17%	Sep 9, 2025
Carlos De Alba Morgan Stanley	Morgan Stanley	Buy Maintains $40 → $38	Buy	Maintains	$40 → $38	+16.17%	Jul 18, 2025
Bill Peterson JP Morgan	JP Morgan	Hold Maintains $28 → $27	Hold	Maintains	$28 → $27	-17.46%	Jul 17, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

12.89B

from 11.90B

8.34%

from 11.90B

Revenue Next Year

12.79B

from 12.89B

-0.78%

from 12.89B

EPS This Year

3.22

from 0.26

1,137.68%

from 0.26

EPS Next Year

2.73

from 3.22

-15.14%

from 3.22

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	9.29B	12.15B	12.45B	10.55B	11.90B	12.89B	12.79B
Revenue Growth	-10.99%	30.86%	2.46%	-15.26%	12.74%	8.34%	-0.78%
EPS	-0.91	2.26	-0.68	-3.66	0.26	3.22	2.73
EPS Growth	-	-	-	-	-	1,137.68%	-15.14%
Forward PE	-	-	-	-	-	10.16	11.98
No. Analysts	-	-	-	-	-	17	17

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026
High	13.5B	13.9B
Avg	12.9B	12.8B
Low	11.8B	11.3B

Revenue Growth

Revenue Growth	2025	2026
High	13.1%	7.6%
Avg	8.3%	-0.8%
Low	-0.6%	-12.5%

EPS Forecast

EPS	2025	2026
High	4.24	3.31
Avg	3.22	2.73
Low	1.62	1.31

EPS Growth

EPS Growth	2025	2026
High	1,531.5%	2.9%
Avg	1,137.7%	-15.1%
Low	521.9%	-59.2%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.