Alcoa (AA) Receives a Hold from J.P. Morgan
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Alcoa is a vertically integrated aluminum company whose operations include bauxite mining, alumina refining, and manufacturing primary aluminum. It is one of the world's largest bauxite miners and alumina refiners by production volume, but sits outside the top-10 aluminum producers, a list dominated by Chinese companies. Profits are closely tied to prevailing commodity prices along the aluminum supply chain.Alcoa was the first mass producer of aluminum, launching the world-changing Hall-Heroult smelting process in the 1880s, making aluminum affordable. It listed as a public company in 1925. In 2016, Alcoa spun off its automotive and aerospace metal parts segment to focus on mining, smelting, and refining. It bought the 40% unowned balance of AWAC in mid-2024.
Alcoa Common trades on the NYSE stock market under the symbol AA.
As of July 9, 2026, AA stock price climbed to $48.72 with 4,634,632 million shares trading.
AA has a beta of 1.34, meaning it tends to be more sensitive to market movements. AA has a correlation of 0.10 to the broad based SPY ETF.
AA has a market cap of $12.86 billion. This is considered a Large Cap stock.
Last quarter Alcoa Common reported $3 billion in Revenue and $1.40 earnings per share. This fell short of revenue expectation by $-104 million and missed earnings estimates by -$.14.
In the last 3 years, AA traded as high as $84.38 and as low as $21.53.
The top ETF exchange traded funds that AA belongs to (by Net Assets): VTI, VB, IJH, VBR, VXF.
AA has outperformed the market in the last year with a return of +61.0%, while the SPY ETF gained +22.4%. However, in the most recent history, AA shares have underperformed the stock market with its stock returning -32.0% in the last 3 month period and -6.8% for the last 2 week period, while SPY has returned +11.5% and +2.5%, respectively.
AA support price is $46.52 and resistance is $50.50 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AA shares will trade within this expected range on the day.