Research Analysts Issue Forecasts for Alcoa Q3 Earnings

Alcoa Co. (NYSE:AA) – Analysts at B. Riley issued their Q3 2025 earnings per share (EPS) estimates for shares of Alcoa in a research report issued to clients and investors on Thursday, January 23rd. B. Riley analyst N. Giles anticipates that the industrial products company will earn $0.87 per share for the quarter. B. Riley currently has a “Strong-Buy” rating on the stock. The consensus estimate for Alcoa’s current full-year earnings is $4.27 per share. B. Riley also issued estimates for Alcoa’s Q4 2025 earnings at $0.76 EPS and FY2027 earnings at $4.25 EPS.

Alcoa (NYSE:AA) last issued its earnings results on Wednesday, January 22nd. The industrial products company reported $1.04 EPS for the quarter, topping the consensus estimate of $0.91 by $0.13. Alcoa had a return on equity of 5.48% and a net margin of 0.50%.

A number of other brokerages have also commented on AA. BMO Capital Markets upped their price objective on Alcoa to $43.00 and gave the company a “hold” rating in a report on Friday, January 17th. Morgan Stanley upped their price target on shares of Alcoa from $48.00 to $49.00 and gave the company an “overweight” rating in a research note on Friday, October 18th. UBS Group lifted their price objective on shares of Alcoa from $40.00 to $50.00 and gave the stock a “buy” rating in a research note on Tuesday, October 15th. JPMorgan Chase & Co. increased their target price on shares of Alcoa from $38.00 to $40.00 and gave the stock a “neutral” rating in a research report on Thursday, January 16th. Finally, Bank of America raised their target price on shares of Alcoa to $58.00 and gave the stock a “buy” rating in a report on Friday. Four research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $46.36.

Alcoa Price Performance

NYSE:AA opened at $37.33 on Monday. The company has a market cap of $9.64 billion, a P/E ratio of -233.28, a P/E/G ratio of 0.16 and a beta of 2.47. The firm’s fifty day moving average price is $40.33 and its two-hundred day moving average price is $37.64. Alcoa has a one year low of $24.86 and a one year high of $47.77. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.41 and a quick ratio of 0.80.

Hedge Funds Weigh In On Alcoa

A number of institutional investors have recently added to or reduced their stakes in AA. Retirement Systems of Alabama grew its holdings in shares of Alcoa by 41.6% during the third quarter. Retirement Systems of Alabama now owns 313,822 shares of the industrial products company’s stock worth $12,107,000 after purchasing an additional 92,201 shares during the last quarter. ING Groep NV bought a new stake in Alcoa during the 3rd quarter worth approximately $10,201,000. Douglas Lane & Associates LLC increased its position in Alcoa by 2.0% in the 3rd quarter. Douglas Lane & Associates LLC now owns 1,421,955 shares of the industrial products company’s stock valued at $54,859,000 after acquiring an additional 27,217 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Alcoa by 6.2% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 628,116 shares of the industrial products company’s stock valued at $24,233,000 after acquiring an additional 36,869 shares during the last quarter. Finally, Aigen Investment Management LP lifted its holdings in shares of Alcoa by 73.0% during the third quarter. Aigen Investment Management LP now owns 36,848 shares of the industrial products company’s stock worth $1,422,000 after purchasing an additional 15,546 shares during the period.

About Alcoa

Alcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Iceland, Norway, Brazil, Canada, and internationally. The company operates through two segments, Alumina and Aluminum. It engages in bauxite mining operations; and processes bauxite into alumina and sells it to customers who process it into industrial chemical products, as well as aluminum smelting and casting businesses.