Freedom Broker raises target for Alcoa stock from USD 64.00 to USD 76.00

Published on 10/05/2026 at 10:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Alcoa posted USD 3.97 billion revenue and USD 407.0 million net income in the second quarter. Alcoa stock costs EUR 37.62 on October 5, 2026 after EUR 37.45, plus 0.45 percent.

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Alcoa (ISIN US0138721065) was trading at EUR 37.62 at Lang & Schwarz on October 5, 2026, while the aluminum producer faces a USD 76.00 analyst target. According to Investing.com on September 22, 2026, Freedom Broker raised its target from USD 64.00 to USD 76.00 and maintained a Buy rating.

Target moves to USD 76.00

The target revision gives Alcoa a clear valuation reference as the company approaches its next quarterly report. The same Investing.com report says Freedom Broker lowered its third-quarter 2026 estimates but raised its 2027 projections, citing lower aluminum prices and shipments weighted toward the fourth quarter.

That combination matters because the target increase was paired with more cautious near-term assumptions. The report also identified stronger aluminum and alumina pricing as an offset to carbon costs, while existing energy contracts were described as limiting the effect of higher energy expenses.

Second quarter shows higher revenue

Alcoa reported USD 3.97 billion in revenue and USD 407.0 million in net income for the second quarter of 2026, according to Trefis. Revenue stood at USD 3.02 billion in the second quarter of 2025, giving investors a concrete year-over-year comparison, while operating income reached USD 714.0 million in the latest quarter.

Operating margin was 18.0 percent in the second quarter of 2026, compared with 3.9 percent in the second quarter of 2025. Operating cash flow was USD 608.0 million in the latest quarter, strengthening the financial backdrop as Alcoa funds its integrated bauxite, alumina and aluminum operations.

October earnings set the next test

Alcoa plans to announce third-quarter 2026 results on October 15, 2026, after trading closes on the New York Stock Exchange, according to Nasdaq. The company also scheduled its earnings call for 5:00 p.m. EDT on the same date, making the report the next major event for the stock.

Market data put Alcoa's market capitalization at USD 11.1 billion as of October 2, 2026. Its 52-week range was USD 33.77 to USD 84.38, so the coming report will be measured against a stock trading well below its yearly high.

Stock trades at EUR 37.62

Alcoa was trading at EUR 37.62 at Lang & Schwarz on October 5, 2026 at 10:43 a.m. CEST, up 0.45 percent versus the prior close of EUR 37.45. The reference price is the German-market euro quotation, while Alcoa's primary listing is on the NYSE.