Alcoa (AA) Expected to Post Earnings on Thursday

Alcoa (NYSE:AA) will likely be releasing its Q2 2026 results after the market closes on Thursday, July 16th. Analysts expect Alcoa to announce earnings of $2.38 per share and revenue of $3.9919 billion for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 16, 2026 at 5:00 PM ET.

Alcoa (NYSE:AA) last posted its earnings results on Thursday, April 16th. The industrial products company reported $1.40 EPS for the quarter, missing the consensus estimate of $1.60 by ($0.20). Alcoa had a return on equity of 12.57% and a net margin of 8.27%.The firm had revenue of $3.19 billion for the quarter, compared to the consensus estimate of $3.35 billion. During the same period in the prior year, the business earned $2.15 EPS. Alcoa’s quarterly revenue was down 5.2% compared to the same quarter last year. On average, analysts expect Alcoa to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Alcoa Price Performance

Shares of NYSE AA opened at $48.47 on Thursday. The company has a market capitalization of $12.79 billion, a PE ratio of 12.27, a PEG ratio of 0.67 and a beta of 1.63. The company has a quick ratio of 0.88, a current ratio of 1.48 and a debt-to-equity ratio of 0.36. The stock’s 50 day moving average price is $63.84 and its 200-day moving average price is $62.80. Alcoa has a twelve month low of $28.11 and a twelve month high of $84.38.

Alcoa Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Tuesday, May 19th were paid a $0.10 dividend. The ex-dividend date was Tuesday, May 19th. This represents a $0.40 annualized dividend and a dividend yield of 0.8%. Alcoa’s payout ratio is presently 10.13%.

Analysts Set New Price Targets

A number of brokerages have recently commented on AA. Citigroup upped their price target on Alcoa from $54.00 to $76.00 and gave the company a “buy” rating in a research report on Monday, March 16th. Wells Fargo & Company decreased their price objective on Alcoa from $82.00 to $71.00 and set an “overweight” rating for the company in a report on Thursday, June 25th. UBS Group lowered their price objective on Alcoa from $80.00 to $68.00 and set a “buy” rating on the stock in a research note on Tuesday, June 30th. JPMorgan Chase & Co. upped their price objective on shares of Alcoa from $68.00 to $70.00 and gave the company a “neutral” rating in a report on Thursday, April 9th. Finally, BMO Capital Markets increased their target price on shares of Alcoa from $65.00 to $75.00 and gave the stock a “market perform” rating in a research report on Thursday, April 9th. Five investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $64.00.

Key Headlines Impacting Alcoa

Here are the key news stories impacting Alcoa this week:

• Negative Sentiment: Morgan Stanley downgraded Alcoa to Equal-weight from a more favorable view, cutting its price target to $53 from $79. The firm said the changing supply backdrop should favor copper, gold, and silver, while aluminum is likely headed into surplus and iron ore remains under pressure. Morgan Stanley upgrades Ivanhoe Mines, cuts Alcoa and Vale on metals outlook
• Negative Sentiment: Another report noted Morgan Stanley reaffirmed its Equal-weight rating on Alcoa while reducing the price target from $79 to $53, reinforcing a more cautious stance on the stock’s near-term upside. Alcoa had its “equal weight” rating reaffirmed by Morgan Stanley
• Negative Sentiment: B. Riley Financial also lowered its price target on Alcoa to $80 from $92, even while keeping a Buy rating. The cut adds to the sense that analysts see less room for a sustained move higher in the stock. Alcoa (NYSE:AA) Price Target Lowered to $80.00 at B. Riley Financial
• Neutral Sentiment: Recent market commentary and analyst-call roundups have kept Alcoa in focus, but the main driver remains the softer outlook for aluminum prices compared with other metals. Here Are Wednesday’s Best Wall Street Analyst Research Calls: Alcoa, Commercial Metals, DTE Energy, Dollar Tree, Occidental Petroleum, PayPal, Pinterest, Snap, Travelers, and More

Hedge Funds Weigh In On Alcoa

A number of large investors have recently made changes to their positions in the stock. Atlas Capital Advisors Inc. purchased a new position in Alcoa during the fourth quarter valued at approximately $189,000. UMB Bank n.a. increased its holdings in Alcoa by 29.1% during the 4th quarter. UMB Bank n.a. now owns 3,023 shares of the industrial products company’s stock worth $161,000 after acquiring an additional 682 shares during the period. Virtus Advisers LLC purchased a new stake in Alcoa in the 4th quarter worth approximately $207,000. C M Bidwell & Associates Ltd. purchased a new stake in Alcoa in the 4th quarter worth approximately $120,000. Finally, CIBC Private Wealth Group LLC boosted its holdings in Alcoa by 18.7% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 5,543 shares of the industrial products company’s stock valued at $182,000 after purchasing an additional 874 shares during the period.

About Alcoa

Alcoa Corporation is a global industry leader in the production and management of aluminum, offering an integrated value chain that spans bauxite mining, alumina refining, primary aluminum smelting and the fabrication of value-added products. The company’s operations are organized into segments that include raw material extraction, chemical processing and the manufacture of metal mill products and engineered solutions.

Alcoa’s product portfolio serves diverse end markets such as aerospace, automotive, packaging, construction, electrical and industrial applications.