Alcoa

AA

Market cap $18.5B

FIVE leads a momentum-anomaly screen as truce hopes lift markets, with PR and AA also showing big 52-week gains after a one-week pullback.

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA, ASX: AAI) (“Alcoa” or the “Company”), today announced that its wholly-owned subsidiary, Alcoa Nederland Holding B.V., has issued a notice to redeem all $219 million aggregate principal amount of its outstanding 6.125% notes due in 2028 (the “notes”). The notes will be redeemed on May 15, 2026 (the “redemption date”). The redemption price of the notes will be equal to 100.000% of the principal amount of the notes, plus accrued and unpaid.

FIVE, AA and PTEN made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on April 13th, 2026.

Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Alcoa (AA), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2026.

AA made it to the Zacks Rank #1 (Strong Buy) value stocks list on April 13th, 2026.

AA, BWAY, FIVE, REFI and BWXT have been added to the Zacks Rank #1 (Strong Buy) List on April 13, 2026.

The Iran war is seen giving a further boost to industrial metal producers after Trump tariffs.

Alcoa Corporation is well positioned for margin expansion through eFY26, driven by global supply constraints, carbon taxes, and potential US tariff relief. AA benefits from the Middle East supply disruptions, CBAM in Europe, and a ramping San Ciprian facility, supporting stronger pricing and production tailwinds. Alcoa targets $82.61/share at 7.53x eFY28 EV/aEBITDA, reiterating a Buy rating amid elevated aluminum prices and improving balance sheet metrics.

Aluminum futures on the London Metal Exchange have surged to four-year highs, posting one of the strongest monthly gains in recent memory.

Alcoa Corporation has delivered exceptional returns, outperforming the S&P 500 with a 162.8% gain since February 2024, driven by operational excellence and recent geopolitical catalysts. AA's revenue grew from $10.55B to $12.83B over three years, with profitability surging as aluminum prices and production volumes increased. Geopolitical tensions in the Middle East have tightened aluminum supply, supporting higher prices and benefiting AA, whose global operations remain unaffected.