Alcoa Corp (AA) Stock Forecast & Predictions

Alcoa Corp AA: $51.56

201 Isabella St Ste 500, Pittsburgh, Pennsylvania, US. | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.alcoa.com

  • Market Cap$9.06B
  • Change (52 Weeks)319.83%
  • Low (52 Weeks)$10.98
  • Alcoa Corp (AA) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 18.75% on Sell, and 50.00% Neutral.

    According to the market data, Alcoa Corp (AA) stock price is $51.56 and the 52 weeks low is $10.98, which means the Alcoa Corp stock price is up 319.83% in the last 12 months.

    Alcoa Corp (AA) Stock Price has been Trending Strongly with an ADX reading of 36.21 as per the Weekly Chart.

    A Upward trend indicates that Alcoa Corp (AA) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that AA Stock price might rise further, 18.75% indicating that AA Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall AA stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Alcoa Corp (AA) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Alcoa Corp (AA) is based on 21 Institutional Analyst Ratings where 52.38% are on Strong Buy, 23.81% on Moderate Buy, 23.81% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 21 Institutional Analysts, majority recommended AA stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Alcoa Corp.

    Alcoa Corp (AA) Stock Price Prediction By Analysts


    HighLowAverage
    $63.00$45.45$52.51
    $52.511.85% Upside
    Updated: 2021-09-19 00:00:00

    The Average Price target for AA set by the institutional analysts is $52.51 where High Estimate is $63.00, Median $52.02 and Low $45.45.

    The average price target for AA by Institutional Analysts is $52.51, which is 1.85% Upside from the current price. So according to the Institutional Analysts, AA Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Alcoa Corp (AA) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 480,058 investor portfolio.

    Our algorithm has analysed 480,058 investor portfolio with AA stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about AA and holding their positions hoping for a further rise in the stock price and more profit.

    Alcoa Corp (AA) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Argus ResearchBuyUpgraded
    Credit SuisseOutperformMaintained
    Morgan StanleyOverweightMaintained
    Goldman SachsBuyMaintained
    CitigroupBuyUpgraded
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightUpgraded
    Deutsche BankBuyUpgraded
    Goldman SachsBuyUpgraded
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    BMO CapitalMarket PerformMaintained
    Morgan StanleyEqual-WeightMaintained
    Credit SuisseOutperformMaintained
    Bank of AmericaBuyUpgraded
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    Deutsche BankHoldDowngraded
    CitigroupNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    JP MorganOverweightMaintained
    Credit SuisseOutperformMaintained
    B. Riley FBRNeutralMaintained
    JP MorganOverweightMaintained
    CitigroupNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    B. Riley FBRNeutralDowngraded
    Deutsche BankBuyMaintained
    Deutsche BankBuyUpgraded
    B of A SecuritiesUnderperformMaintained
    B. Riley FBRBuyMaintained
    BMO CapitalMarket PerformDowngraded
    Morgan StanleyEqual-WeightMaintained
    Bank of AmericaUnderperformDowngraded
    Gabelli & Co.HoldDowngraded
    B. RileyBuyMaintained
    JP MorganOverweightMaintained
    Goldman SachsNeutralDowngraded
    Credit SuisseOutperformUpgraded
    JefferiesHoldDowngraded
    Argus ResearchHoldDowngraded
    MacquarieNeutralDowngraded
    Morgan StanleyOverweightMaintained
    Gabelli & Co.BuyUpgraded
    Bank of AmericaNeutralDowngraded
    Credit SuisseNeutralDowngraded
    Morgan StanleyOverweightMaintained
    Goldman SachsBuyUpgraded
    Credit SuisseOutperformMaintained
    CitigroupNeutralMaintained
    Credit SuisseOutperformMaintained
    B. Riley FBRBuyUpgraded
    Deutsche BankBuyMaintained
    Morgan StanleyOverweightMaintained
    Credit SuisseOutperformMaintained
    BMO CapitalOutperformMaintained
    B. Riley FBRNeutralInitiated
    JefferiesBuyInitiated
    Morgan StanleyOverweightMaintained
    CitigroupNeutralDowngraded
    ArgusBuyMaintained
    Credit SuisseOutperformMaintained
    BMO CapitalOutperformMaintained
    Bank of AmericaBuyMaintained
    CitigroupBuyMaintained
    Goldman SachsNeutralInitiated
    Credit SuisseOutperformUpgraded
    CitigroupBuyMaintained
    Bank of AmericaBuyMaintained
    BerenbergHoldDowngraded
    BMO CapitalOutperformMaintained
    Deutsche BankBuyUpgraded
    Credit SuisseNeutralInitiated
    Clarksons PlatouBuyInitiated
    BMO CapitalOutperformUpgraded
    BerenbergBuyUpgraded
    Goldman SachsBuyUpgraded
    Bank of AmericaBuyUpgraded
    JP MorganOverweightUpgraded
    Deutsche BankHoldUpgraded
    CitigroupBuyUpgraded
    MacquarieOutperformUpgraded
    Argus ResearchBuyInitiated
    ArgusBuyInitiated
    Deutsche BankSellInitiated
    Morgan StanleyOverweightInitiated
    Cowen & Co.OutperformInitiated
    CitigroupBuyInitiated
    Goldman SachsSellInitiated
    BMO CapitalMarket PerformInitiated
    Bank of AmericaUnderperformInitiated
    MacquarieNeutralInitiated
    Goldman SachsNeutralMaintained
    Deutsche BankBuyMaintained
    Bank of AmericaNeutralDowngraded
    Seaport GlobalNeutralInitiated
    Morgan StanleyOverweightMaintained
    Bank of AmericaBuyUpgraded
    RosenblattBuyInitiated
    MacquarieOutperformMaintained
    Credit SuisseOutperformInitiated
    BerenbergHoldInitiated
    Bank of AmericaNeutralDowngraded
    Cowen & Co.Market PerformMaintained
    MacquarieOutperformMaintained
    Argus ResearchHoldDowngraded
    ArgusHoldDowngraded
    Deutsche BankBuyMaintained
    BMO CapitalMarket PerformMaintained
    MacquarieOutperformUpgraded
    NomuraNeutralDowngraded
    Gabelli & Co.BuyInitiated
    Deutsche BankBuyMaintained
    CitigroupBuyMaintained
    Bank of AmericaBuyUpgraded
    UBSBuyUpgraded
    CitigroupBuyMaintained
    MacquarieNeutralMaintained
    Stifel NicolausBuyMaintained
    Morgan StanleyOverweightMaintained
    Sterne Agee CRTNeutralDowngraded
    JP MorganNeutralMaintained
    Standpoint ResearchBuyUpgraded
    Cleveland ResearchNeutralInitiated
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    Stifel NicolausBuyMaintained
    JP MorganNeutralMaintained
    BMO CapitalMarket PerformMaintained
    CitigroupBuyMaintained
    Deutsche BankBuyMaintained
    Bank of AmericaNeutralDowngraded
    JP MorganNeutralDowngraded
    JP MorganOverweightMaintained
    NomuraBuyUpgraded
    Wells FargoOutperformInitiated
    CitigroupNeutralMaintained
    Deutsche BankBuyUpgraded
    MacquarieNeutralMaintained
    Tigress FinancialStrong BuyUpgraded
    NomuraNeutralMaintained
    Bank of AmericaBuyUpgraded
    Stifel NicolausBuyMaintained
    Tigress FinancialBuyInitiated
    BernsteinOutperformInitiated
    JP MorganOverweightMaintained
    Morgan StanleyOverweightUpgraded
    UBSNeutralMaintained
    NomuraNeutralMaintained
    JP MorganMaintained
    Deutsche BankHoldMaintained
    BMO CapitalMarket PerformUpgraded
    Bank of AmericaNeutralUpgraded
    Northcoast ResearchBuyInitiated
    UBSNeutralMaintained
    Stifel NicolausBuyMaintained
    Deutsche BankHoldUpgraded
    MacquarieNeutralUpgraded
    Sterne AgeeBuyInitiated
    Standpoint ResearchHoldDowngraded
    Goldman SachsBuyMaintained
    DA DavidsonNeutralMaintained
    Stifel NicolausBuyMaintained
    CitigroupNeutralMaintained
    JP MorganOverweightUpgraded
    Goldman SachsBuyUpgraded
    UBSNeutralMaintained
    Wellington ShieldsHoldDowngraded
    Morgan StanleyEqual-WeightDowngraded
    Deutsche BankSellDowngraded
    Wellington ShieldsBuyInitiated
    Bank of AmericaUnderperformDowngraded
    JP MorganNeutralDowngraded
    NomuraNeutralMaintained
    Bank of AmericaNeutralMaintained
    Goldman SachsNeutralMaintained
    Deutsche BankHoldMaintained
    MacquarieUnderperformDowngraded
    UBSNeutralMaintained
    NomuraNeutralMaintained
    JP MorganOverweightMaintained
    JefferiesHoldMaintained
    Deutsche BankHoldMaintained
    Dahlman RoseHoldDowngraded
    JefferiesHoldDowngraded
    Bank of AmericaBuyMaintained
    BMO CapitalUnderperformDowngraded
    S&P Capital IQBuyUpgraded
    JP MorganOverweightMaintained
    Dahlman RoseBuyMaintained
    BarclaysEqual-WeightMaintained
    Deutsche BankHoldMaintained
    Goldman SachsNeutralMaintained
    JP MorganOverweightMaintained
    Stifel NicolausBuyMaintained

    Alcoa Corp (AA) Stock Earning Per Share (EPS) Forecast / Estimate


    $1.573
    The average consensus EPS for AA is $1.573 with a high estimate of $2.563 and Low of $0.647 for the period 2021-12-31 and based on 11 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $1.49$1.41087342021-06-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$1.46182749999999982021-09-30
    $1.49$1.41087342021-06-30
    $0.79$0.47650892021-03-31
    $0.26$0.115020100000000012020-12-31
    $-1.17$-1.41767142020-09-30
    $-0.02$-0.39621012020-06-30
    $-0.23$-0.25260752020-03-31
    $-0.31$-0.2230982019-12-31
    $-0.44$-0.34471012019-09-30
    $-0.01$-0.1365782019-06-30
    $-0.23$-0.134651900000000022019-03-31
    $0.66$0.513972018-12-31
    $0.63$0.37500242018-09-30
    $1.52$1.36100080000000022018-06-30
    $0.77$0.72127809999999992018-03-31
    $1.04$1.25622920000000022017-12-31
    $0.72$0.79534542017-09-30
    $0.62$0.61914330000000012017-06-30
    $0.63$0.54075000000000012017-03-31
    $0.14$0.206113300000000032016-12-31
    $0.02$0.04122016-09-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).