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Investors need to pay close attention to AA stock based on the movements in the options market lately.
Wall Street analysts are reshuffling their bets on Tesla, Netflix, and Dutch Bros while SpaceX's blowout earnings send futures sliding ahead of the open. Find out which names got upgraded, downgraded, or initiated before the market moves on Thursday.
Alcoa Corporation (AA) is rated Hold with a $49/share price target, reflecting robust Q3'26 results and strong aluminum pricing. Price normalization may weigh on the share price. AA's acquisition of AliGroup for $4.1B is expected to generate $900M in synergies, enhancing its integrated global platform. Strong cash flow, asset monetization ($500M–$1B targeted), and disciplined debt reduction position AA for operational flexibility post-acquisition.
Alcoa Corp. NYSE: AA stock has been cut nearly in half since its spring peak. Shares traded near $77 in May and were trading near $40 prior to the company's Q3 2026 earnings report, which the company delivered after the market closed on Oct. 15.
Alcoa (NYSE: AA) reported third-quarter 2026 net income attributable to the company of $483 million, or $1.81 per share, compared with $407 million in the prior quarter, as improved operating performance and higher alumina prices helped offset lower metal prices. Adjusted net income attributable to Alcoa was $485 million, compared with $562 million in the second
AI-focused software shed $260 billion in value as Goldman Sachs raised alarms about debt financing, triggering sharp momentum reversal, today, Oct. 16, 2026.
Alcoa doubled its profit in Q3 and grew sales 24%. Management is holding firm on shipments estimates for the rest of this year, but warned of higher costs.
Alcoa (NYSE:AA), the global aluminium producer, more than doubled its third-quarter net profit year on year, although lower aluminium prices and shipments weighed on earnings compared with the previous quarter. Net income attributable to Alcoa (NYSE:AA) rose to $483 million in the three months to September, up from $232 million a year earlier, while diluted earnings per share increased to $1.81 from $0.88.