JPMorgan Chase & Co. Upgrades Alcoa (NYSE:AA) to “Neutral”

Alcoa (NYSE:AA) was upgraded by investment analysts at JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating in a report released on Friday, Marketbeat Ratings reports. The firm presently has a $68.00 target price on the industrial products company’s stock, up from their prior target price of $50.00. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 6.82% from the company’s current price.

Other equities research analysts have also issued research reports about the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Alcoa in a report on Monday, December 29th. Wells Fargo & Company set a $68.00 target price on shares of Alcoa in a research report on Thursday. Wall Street Zen raised shares of Alcoa from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Zacks Research cut shares of Alcoa from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 13th. Finally, B. Riley Financial reaffirmed a “buy” rating on shares of Alcoa in a report on Friday, January 23rd. Four investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $48.45.

Alcoa Price Performance

Shares of NYSE:AA opened at $63.66 on Friday. The firm has a market capitalization of $16.80 billion, a PE ratio of 14.40 and a beta of 1.85. The company has a current ratio of 1.44, a quick ratio of 0.87 and a debt-to-equity ratio of 0.40. Alcoa has a 1-year low of $21.53 and a 1-year high of $68.40. The business’s 50 day moving average is $61.54 and its 200-day moving average is $46.89.

Alcoa (NYSE:AA) last issued its earnings results on Thursday, January 22nd. The industrial products company reported $1.26 EPS for the quarter, beating analysts’ consensus estimates of $0.95 by $0.31. The business had revenue of $6.75 billion during the quarter, compared to analyst estimates of $3.28 billion. Alcoa had a return on equity of 16.19% and a net margin of 9.12%.Alcoa’s revenue was down 1.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.04 earnings per share. Sell-side analysts predict that Alcoa will post 4.43 earnings per share for the current year.

Institutional Investors Weigh In On Alcoa

Several large investors have recently made changes to their positions in AA. Prime Capital Investment Advisors LLC lifted its holdings in Alcoa by 1.9% during the 4th quarter. Prime Capital Investment Advisors LLC now owns 10,682 shares of the industrial products company’s stock valued at $568,000 after purchasing an additional 204 shares during the last quarter. Northwestern Mutual Investment Management Company LLC grew its stake in Alcoa by 0.4% during the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 57,940 shares of the industrial products company’s stock worth $3,079,000 after buying an additional 229 shares during the last quarter. CoreCap Advisors LLC grew its stake in Alcoa by 74.1% during the fourth quarter. CoreCap Advisors LLC now owns 557 shares of the industrial products company’s stock worth $30,000 after buying an additional 237 shares during the last quarter. Crossmark Global Holdings Inc. increased its holdings in shares of Alcoa by 1.8% during the fourth quarter. Crossmark Global Holdings Inc. now owns 13,596 shares of the industrial products company’s stock worth $722,000 after buying an additional 241 shares in the last quarter. Finally, Quadrant Capital Group LLC increased its holdings in shares of Alcoa by 1.5% during the third quarter. Quadrant Capital Group LLC now owns 22,497 shares of the industrial products company’s stock worth $740,000 after buying an additional 324 shares in the last quarter.

Alcoa News Summary

Here are the key news stories impacting Alcoa this week:

• Positive Sentiment: Alcoa’s recent earnings beat has drawn attention in the NYSE Composite, reinforcing the company’s operational momentum and helping justify elevated multiples. Article Title
• Positive Sentiment: UBS raised its price target to $70 and kept a neutral rating, signaling higher analyst confidence in Alcoa’s outlook and implying upside from current levels. Article Title
• Positive Sentiment: JPMorgan upgraded Alcoa from Underweight to Neutral and lifted its target to $68 (from $50), a near-term bullish catalyst that supports further upside. Article Title
• Positive Sentiment: Alcoa is trading near its 52-week high after a roughly 96% one‑year gain; momentum and higher aluminum prices have driven upgrades and bullish price forecasts. Article Title
• Positive Sentiment: Company strategy: Alcoa is pursuing deals with the data center industry and selectively selling assets, moves that can improve margins and cash flow over time. Article Title
• Neutral Sentiment: Industry comparison — peer Constellium (CSTM) has surged ~101% over the past year on demand in packaging and aerospace; this highlights sector-level growth but doesn’t directly change Alcoa’s fundamentals. Article Title
• Neutral Sentiment: Wall Street research roundups and price‑prediction pieces keep Alcoa in focus, but consensus remains mixed—many brokers are cautious despite higher targets. Article Title
• Negative Sentiment: Sector headwinds: the SPDR S&P Metals & Mining ETF has fallen nearly 6% since the Iran conflict escalated, as higher oil and recession fears threaten metals demand—this risk-off dynamic is pressuring Alcoa despite company-specific positives. Article Title
• Negative Sentiment: Market factors — rising energy prices, inflation concerns and recent profit-taking after a large run-up likely contributed to the share pullback today, offsetting analyst upgrades. Article Title

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.