Alcoa (AA) Stock Price Target 2026

The average analyst price target for Alcoa is $51.07, 21.4% above the current price. Of 13 analysts, 9 rate it Buy, 3 Hold and 1 Sell. Targets range from $32 to $68. The latest change came on Oct 22, 2026, when Argus Research downgraded Alcoa from Buy to Hold.

The Average Analyst Price Target for Alcoa is $51.07.

Price Target Range — 11 Quarters

Analyst Consensus — 13 Analysts

9Buy

3Hold

1Sell

Consensus RatingBuy# Analysts13Avg. Consensus PT$51.07Upside to Avg. PT+21.4%

Rating Trend — Last 9 Months

Latest Upgrades and Downgrades for Alcoa Stock

See all ratings →

Date	Firm	Analyst	Action	Rating Change	Price Target
Oct 22, 2026	Argus Research	Alexandra Yates	Downgrade	Buy→Hold	—
Oct 20, 2026	Citigroup	Alexander Hacking	PT Cut	Buy	$76→$56
Oct 20, 2026	B. Riley Securities	Nick Giles	PT Cut	Buy	$80→$63
Oct 20, 2026	Freedom Broker	Vitaly Kononov	PT Cut	Buy	$76→$62
Oct 14, 2026	Barclays	Richard Garchitorena	Initiate	Overweight	$55
Oct 7, 2026	JP Morgan	Bill Peterson	PT Cut	Neutral	$52→$50
Oct 7, 2026	Morgan Stanley	Carlos De Alba	PT Cut	Equal-Weight	$53→$50
Sep 22, 2026	Freedom Broker	Vitaly Kononov	PT Raise	Buy	$64→$76
Sep 18, 2026	Wells Fargo	Timna Tanners	PT Cut	Overweight	$71→$60
Jul 22, 2026	Argus Research	Alexandra Yates	PT Cut	Buy	$73→$55
Jul 17, 2026	BMO Capital	Katja Jancic	PT Cut	Market Perform	$60→$55
Jul 17, 2026	JP Morgan	Bill Peterson	PT Cut	Neutral	$55→$52
Jul 17, 2026	Wells Fargo	Timna Tanners	PT Cut	Overweight	$72→$71
Jul 9, 2026	JP Morgan	Bill Peterson	PT Cut	Neutral	$70→$55
Jul 9, 2026	B of A Securities	Lawson Winder	PT Cut	Underperform	$57→$51
Jul 9, 2026	Wells Fargo	Timna Tanners	PT Raise	Overweight	$71→$72
Jul 8, 2026	Morgan Stanley	Carlos De Alba	Downgrade	Overweight→Equal-Weight	$79→$53
Jul 7, 2026	B. Riley Securities	Nick Giles	PT Cut	Buy	$92→$80
Jul 1, 2026	Morgan Stanley	Carlos De Alba	Maintained	Overweight	$79
Jun 30, 2026	UBS	Daniel Major	PT Cut	Buy	$80→$68