Alcoa Sees Unusually Large Options Volume (NYSE:AA)

Alcoa (NYSE:AA) was the target of unusually large options trading on Wednesday. Investors purchased 57,092 call options on the stock. This represents an increase of approximately 124% compared to the typical daily volume of 25,525 call options.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on AA shares. Citigroup increased their target price on Alcoa from $42.00 to $54.00 and gave the stock a “buy” rating in a report on Friday, December 19th. Wall Street Zen raised shares of Alcoa from a “hold” rating to a “buy” rating in a research note on Saturday. Weiss Ratings reissued a “hold (c)” rating on shares of Alcoa in a research report on Monday, December 29th. Argus set a $45.00 target price on shares of Alcoa in a report on Thursday, October 30th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $52.00 price target on shares of Alcoa in a research note on Monday, December 15th. Five investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $48.25.

Alcoa Stock Up 5.7%

Alcoa stock traded up $3.51 during midday trading on Wednesday, hitting $64.92. 10,080,377 shares of the stock were exchanged, compared to its average volume of 8,344,200. Alcoa has a 52-week low of $21.53 and a 52-week high of $66.95. The company has a quick ratio of 0.87, a current ratio of 1.45 and a debt-to-equity ratio of 0.40. The business’s 50-day moving average price is $58.90 and its 200-day moving average price is $44.05. The stock has a market capitalization of $16.81 billion, a price-to-earnings ratio of 14.69 and a beta of 1.91.

Alcoa (NYSE:AA) last posted its earnings results on Thursday, January 22nd. The industrial products company reported $1.26 EPS for the quarter, topping the consensus estimate of $0.95 by $0.31. The firm had revenue of ($1,130.00) million for the quarter, compared to analysts’ expectations of $3.28 billion. Alcoa had a net margin of 9.12% and a return on equity of 16.18%. The company’s quarterly revenue was down 1.1% compared to the same quarter last year. During the same quarter last year, the firm earned $1.04 EPS. On average, research analysts expect that Alcoa will post 4.43 EPS for the current fiscal year.

Trending Headlines about Alcoa

Here are the key news stories impacting Alcoa this week:

• Positive Sentiment: Management is actively marketing up to 10 closed/curtailed sites for repurposing into data-center/power assets, targeting the first sale in H1 2026 (CEO said a sale could close by end of June). This shifts perception toward near-term cash monetization and ties Alcoa to the AI/data‑center buildout. Aluminium maker Alcoa seeks to sell 10 sites to data centres
• Positive Sentiment: Higher aluminum prices and sustained pricing versus last year are improving near-term cash‑flow expectations for upstream producers like Alcoa, supporting sentiment. Alcoa rises 5.8% as investors focus on potential data-center/power-asset monetization and strong aluminum pricing
• Neutral Sentiment: Industry demand tailwinds (e.g., a robust aluminum extrusion market forecast through 2030) provide structural support, but they benefit the whole sector rather than uniquely boosting Alcoa. Aluminum Extrusion Market worth $166.65 billion by 2030
• Neutral Sentiment: Analyst and peer comparisons are mixed — some research favors peers like Constellium for execution (shipment growth, buybacks), which could cap AA’s upside even as commodity tailwinds help both. Monitor analyst revisions and relative operational metrics. Alcoa vs. Constellium: Which Aluminum Stock has Greater Upside?
• Neutral Sentiment: Institutional flows and mixed analyst price targets (median near $49 but several higher targets) create both support and potential volatility; track large holder moves reported for Q4 2025. Alcoa rises 5.8% as investors focus on potential data-center/power-asset monetization and strong aluminum pricing
• Negative Sentiment: Regulatory/legal risk: reports indicate Alcoa is under investigation in Australia for alleged breaches of a state mining agreement — this is an operational/regulatory risk that could affect costs or timelines if escalated. Alcoa under investigation for alleged breaches of state mining agreement

Institutional Investors Weigh In On Alcoa

Large investors have recently made changes to their positions in the business. Mirabella Financial Services LLP grew its position in Alcoa by 12,233.1% during the third quarter. Mirabella Financial Services LLP now owns 40,082,462 shares of the industrial products company’s stock valued at $1,318,312,000 after buying an additional 39,757,462 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Alcoa by 4.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 11,580,803 shares of the industrial products company’s stock valued at $615,428,000 after acquiring an additional 462,243 shares during the period. State Street Corp increased its stake in shares of Alcoa by 6.7% during the 3rd quarter. State Street Corp now owns 11,458,529 shares of the industrial products company’s stock worth $376,871,000 after purchasing an additional 721,063 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Alcoa by 5.5% during the 4th quarter. Geode Capital Management LLC now owns 6,655,655 shares of the industrial products company’s stock worth $389,621,000 after purchasing an additional 349,426 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of Alcoa by 211.7% in the 4th quarter. Bank of New York Mellon Corp now owns 6,254,017 shares of the industrial products company’s stock worth $332,338,000 after purchasing an additional 4,247,559 shares during the period.

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.