Alcoa Corp Stock Target Price and Analyst Consensus

AA Stock  USD 45.69  0.33  0.73%   
The current analyst and expert consensus on Alcoa Corp is Strong Buy with 5 hold recommendations. The current projected Alcoa Corp target price consensus is 35.27 with 14 analyst opinions. One of the most common ways Alcoa Corp analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Alcoa Corp vendors, executives, and/or customers. Alcoa Corp recommendation module provides expert sentiment on the projected Alcoa Corp target price to derive its highest and lowest estimates based on target price standard deviation of 3.1744.
Lowest Forecast
32.1
Highest Forecast
39.15
Target Price
35.27
As of November 8, 2024, Gross Profit is expected to decline to about 100.7 M. The current year's Pretax Profit Margin is expected to grow to -0.05. At present, Alcoa Corp's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 3.2 B, whereas Total Assets are forecasted to decline to about 12.7 B.
  
It's important to approach Alcoa Corp's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Alcoa Corp Target Price Consensus

Alcoa target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Alcoa Corp's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   14  Strong Buy
Most Alcoa analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Alcoa stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Alcoa Corp, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Alcoa Corp Target Price Projection

Alcoa Corp's current and average target prices are 45.69 and 35.27, respectively. The current price of Alcoa Corp is the price at which Alcoa Corp is currently trading. On the other hand, Alcoa Corp's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Alcoa Corp Market Quote on 8th of November 2024

Low Price45.58Odds
High Price46.55Odds

45.69

Target Price

Analyst Consensus On Alcoa Corp Target Price

Low Estimate32.1Odds
High Estimate39.15Odds

35.27

Historical Lowest Forecast  32.1 Target Price  35.27 Highest Forecast  39.15
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Alcoa Corp and the information provided on this page.

Alcoa Corp Analyst Ratings

Alcoa Corp's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Alcoa Corp stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Alcoa Corp's financials, market performance, and future outlook by experienced professionals. Alcoa Corp's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Alcoa Corp price targets

Alcoa Corp's stock target price is an estimate of its future price, usually made by analysts. Using Alcoa Corp's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Alcoa Corp's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Alcoa Corp's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Alcoa Corp Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Alcoa Corp is a key component of Alcoa Corp valuation and have some predictive power on the future returns of a Alcoa Corp.
Hype
Prediction
LowEstimatedHigh
42.7745.9349.09
Details
Intrinsic
Valuation
LowRealHigh
40.9844.1447.30
Details
Naive
Forecast
LowNextHigh
44.6547.8050.96
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.120.800.34
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Alcoa Corp. Your research has to be compared to or analyzed against Alcoa Corp's peers to derive any actionable benefits. When done correctly, Alcoa Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Alcoa Corp.

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Check out Macroaxis Advice on Alcoa Corp to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Please note, the presentation of Alcoa Corp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Alcoa Corp's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Alcoa Corp's management manipulating its earnings.