Alcoa Corp Stock Target Price and Analyst Consensus

AA Stock  USD 41.10  0.92  2.19%   
The current analyst and expert consensus on Alcoa Corp is Strong Buy with 4 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. 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.
Lowest Forecast
32.1
Highest Forecast
39.15
Target Price
35.27
As of October 27, 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.
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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Alcoa Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
37.7341.0844.43
Details
Intrinsic
Valuation
LowRealHigh
33.3436.6945.21
Details
Naive
Forecast
LowNextHigh
37.9241.2744.62
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.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Momentum Idea
Momentum
Invested few shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Adviser Favorites Idea
Adviser Favorites
Invested few shares
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 Stocks Directory module to find actively traded stocks across global markets.
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.