Alcoa Corp (AA, Financial) Financial Insights:
- Alcoa's Q1 earnings surpass expectations with an EPS of $2.15, exceeding forecasts by $0.81.
- Despite strong earnings, revenue fell short by $120 million, totaling $3.37 billion.
- Future production levels for alumina and aluminum are expected to remain stable through 2025.
Alcoa Corp (AA, Financial) has made headlines with its recent financial performance, showcasing a robust Q1 Non-GAAP EPS of $2.15, which outpaced analyst expectations by a significant margin of $0.81. However, the company's revenue of $3.37 billion fell short by $120 million. Looking ahead, Alcoa anticipates maintaining stable production levels for alumina and aluminum through 2025, despite potential impacts from U.S. tariffs and fluctuating costs.
Wall Street Analysts Forecast
Market analysts offer a range of perspectives on Alcoa Corp's (AA, Financial) future performance. Presently, the average one-year price target set by nine analysts stands at $38.78, with estimates ranging from a high of $49.00 to a low of $26.00. This average target suggests a potential upside of 54.70% compared to the current trading price of $25.07. For more detailed forecast data, visit the Alcoa Corp (AA) Forecast page.
Furthermore, recommendations from 12 brokerage firms collectively rate Alcoa Corp (AA, Financial) with an average brokerage recommendation of 2.3, indicating an "Outperform" status. The rating scale extends from 1 (Strong Buy) to 5 (Sell), positioning Alcoa favorably among analysts.
According to GuruFocus estimates, the projected GF Value for Alcoa Corp (AA, Financial) in a year's time is $30.17. This estimate suggests a potential upside of 20.34% from the current price of $25.07. The GF Value is calculated based on historical trading multiples, past business growth, and anticipated future performance. Further insights are available on the Alcoa Corp (AA) Summary page.
