Freedom Broker Recommends Buying Alcoa Shares with Nearly 24 % Upside Potential

Freedom Broker analysts recommend purchasing shares of Alcoa Corporation (AA) ahead of the release of the company’s financial results for Q2 2026. The target price for the stock is set at $78 per share, compared to the current market price of around $63, implying an upside potential of 23,8 %.

Alcoa Corporation is one of the world’s largest aluminium producers. The company ranks eighth among global metal producers and is one of the leading players in bauxite mining and alumina refining. Alcoa’s core assets are located in Australia, Brazil, and Canada.

In 2016, the company split its business into two independent entities: Alcoa Corporation, which focused on raw material extraction and aluminium production, and Arconic, which specialised in high‑value‑added products.

Freedom Broker experts note that Alcoa’s stock quotes are currently at an attractive level for opening a speculative position ahead of the earnings report. A strong quarterly result, supported by favourable market conditions in the aluminium sector, could serve as the main growth driver.

According to analysts, the key factors affecting the company’s financial performance remain global aluminium prices, demand from the industrial and construction sectors, and trends in energy costs.

Not an individual investment recommendation.