Research Analysts’ Recent Ratings Changes for Alcoa (AA)

Several brokerages have updated their recommendations and price targets on shares of Alcoa (NYSE: AA) in the last few weeks:

• 4/27/2026 – Alcoa was given a new $73.00 price target by Argus.
• 4/10/2026 – Alcoa was upgraded by Zacks Research from “hold” to “strong-buy”.
• 4/9/2026 – Alcoa had its price target raised by JPMorgan Chase & Co. from $68.00 to $70.00. They now have a “neutral” rating on the stock.
• 4/9/2026 – Alcoa had its price target raised by BMO Capital Markets from $65.00 to $75.00. They now have a “market perform” rating on the stock.
• 4/9/2026 – Alcoa was upgraded by Morgan Stanley from “equal weight” to “overweight”. They now have a $80.00 price target on the stock, up from $64.00.
• 4/7/2026 – Alcoa had its price target raised by B. Riley Financial, Inc. from $78.00 to $96.00. They now have a “buy” rating on the stock.
• 3/16/2026 – Alcoa had its price target raised by Citigroup Inc. from $54.00 to $76.00. They now have a “buy” rating on the stock.
• 3/13/2026 – Alcoa was upgraded by JPMorgan Chase & Co. from “underweight” to “neutral”. They now have a $68.00 price target on the stock, up from $50.00.
• 3/12/2026 – Alcoa was given a new $68.00 price target by Wells Fargo & Company.
• 3/12/2026 – Alcoa had its price target raised by UBS Group AG from $48.00 to $70.00. They now have a “neutral” rating on the stock.

Alcoa Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 10th were issued a $0.10 dividend. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a $0.40 dividend on an annualized basis and a yield of 0.6%. Alcoa’s dividend payout ratio is currently 10.13%.

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.