Kaiser Aluminum stock rises as UBS lifts its view
Published on 09/02/2026 at 12:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Kaiser Aluminum stock (ISIN US1255091092) traded at USD 163.31 on September 2, 2026, with a market cap of USD 2.67 billion and volume of 203.65K shares. UBS lifted its view to Buy from Neutral and raised its price target to USD 184 from USD 179, according to a UBS upgrade reported by AlCircle.
Q2 EBITDA sets the tone
The same report says Kaiser Aluminum's second-quarter EBITDA rose 60 percent year over year, or by USD 41 million. UBS also said Kaiser is guiding for about 50 percent upside in EBITDA for full-year 2026, which gives the stock a clear earnings frame beyond the day-to-day quote.
For context, the shares closed at USD 158.78 on August 31, 2026, and the latest quoted price stands 2.88 percent above that level. The one-year return is 112.39 percent, while the stock is down 9.07 percent over the past month, a sharp contrast that keeps valuation and execution in focus.
Aluminum price signal
Aluminum itself also stays active: Reuters reported on September 2, 2026 that producers are offering Japanese buyers a lower premium for October to December shipments, with the premium at USD 325 per metric ton, down 18 percent from the current quarter. That matters for Kaiser because its specialty mill products track industrial metal pricing and customer buying behavior.
The broader metal backdrop was mixed, with LME aluminum at USD 3,272.50 per metric ton and up 0.94 percent in one market update on September 2, 2026. That keeps the sector tone supportive, even as company-specific pricing and margins remain the more important driver.
Specialty mill products
Kaiser Aluminum makes semi-fabricated specialty aluminum mill products for aerospace, automotive, packaging and general engineering customers. Those end markets give the group a more selective mix than a plain commodity aluminum producer, which is why the EBITDA trend matters more than the metal quote alone.
Stock and valuation
At USD 163.31 on September 2, 2026, Kaiser Aluminum stock is trading below UBS's USD 184 target but above the August 31 close of USD 158.78. The stock's 52-week return of 112.39 percent shows how much the market has already discounted into the name.
Kaiser Aluminum at a glance
- Company: Kaiser Aluminum Corporation
- ISIN: US1255091092
- Ticker: KALU
- Trading venue: NASDAQ
- Price (as of September 2, 2026): USD 163.31
- Market capitalization: USD 2.67 billion (as of September 2, 2026)
- Sector / Industry: Materials / Aluminum
- Index membership: None stated in the available market data
