智通财经APP获悉，周四，美国铝业公司(AA.US)股价走低，截至发稿，该股跌超6%，报58.65美元。 消息面上，摩根大通分析师Bill Peterson下调该股评级至"卖出"，但将目标价从45美元上调至50美元。 该行指出，关税政策存在不确定性，且该股相对估值偏高。 （原标题：美股异动 | 美国铝业公司(AA.US)跌超6% 遭小摩下调评级至"卖出"） ...

Alcoa cut to underweight on valuation grounds but JPMorgan sticks with overweight call on Freeport McMoRan. ...

摩根大通周四下调美国铝业公司（Alcoa）评级，并表示，在该公司股价大幅上涨后，对其估值表示担 忧。 该行将这家铝生产商的评级从"中性"下调至"低配"。分析师比尔·彼得森（Bill Peterson）确实将其目标 价从每股45美元上调至50美元，但这意味着较周三收盘价仍有约20%的下跌空间。 此次下调评级之前，该公司股价表现强劲。过去一年，美国铝业公司股价已飙升74%。 责任编辑：张俊 SF065 此次下调评级之前，该公司股价表现强劲。过去一年，美国铝业公司股价已飙升74%。 责任编辑：张俊 SF065 摩根大通周四下调美国铝业公司（Alcoa）评级，并表示，在该公司股价大幅上涨后，对其估值表示担 忧。 该行将这家铝生产商的评级从"中性"下调至"低配"。分析师比尔·彼得森（Bill Peterson）确实将其目标 价从每股45美元上调至50美元，但这意味着较周三收盘价仍有约20%的下跌空间。 ...

The primary engine behind this move is the Venezuela Reconstruction narrative. Following the recent regime change, global markets are pricing in a massive, U.S.-backed infrastructure rebuild. This is widely considered a second derivative trade. The first derivative was buying oil stocks; the second is purchasing the materials needed to rebuild the country’s shattered power grids, ports, and refineries.On the morning of Jan. 6, 2025, Alcoa stock broke through a critical ceiling. Trading over $64.00, the stoc ...

Deep-pocketed investors have adopted a bullish approach towards Alcoa (NYSE:AA), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in AA usually suggests something big is about to happen.We gleaned this information from our observations today when Benzinga's options scanner highlighted 45 extraordinary options activities for Alcoa. This level ...

Aluminum stock Alcoa Corp (NYSE:AA) is surging to three-year highs today, last seen up 7.3% at $60.67. Up roughly 40% in the last month, the equity has recently caught the attention of investors. This rally could still have legs, too, as its recent peak comes amid historically low implied volatility (IV). According to data from Schaeffer’s Senior Quantitative Analyst Rocky White, there have been five instances in the past five years when AA traded within 2% of its 52-week high, while its Schaeffer’s Volatil ...

Key Takeaways Market uncertainty amid geopolitical risks, policy questions and an unclear Fed rate path favor value stocks.Stocks were screened for earnings yield above 10%, liquidity, $5 prices and EPS growth versus the S&P 500.AAUC, AA, SBLK and PHIN show strong 2026 sales and EPS growth estimates, with upward EPS revisions.U.S. equities ended 2025 on a strong note, with the S&P 500 rising about 16%, but the outlook is turning complex. Geopolitical risks are back in focus after President Donald Trump anno ...

Core Insights - Alcoa Corporation's Aluminum segment is experiencing strong demand in North America and Europe, particularly in the electrical and packaging markets, alongside progress on the San Ciprián smelter restart [1][8] Demand and Market Trends - The demand for aluminum has significantly increased due to the rising popularity of lighter and energy-efficient electric vehicles, recycled aluminum, and rechargeable batteries. Additionally, the growth in global air travel has led aircraft manufacturers to increase production, boosting demand for aluminum alloys [2] Production and Financial Performance - In Q3 2025, Alcoa's aluminum production rose by 1% sequentially to 579,000 metric tons, with third-party revenues increasing by 4% due to higher average realized prices. The U.S. administration's decision to raise tariffs on imported aluminum to 50% has positively impacted domestic producers like Alcoa by increasing aluminum prices [3][8] - Alcoa anticipates aluminum production for 2025 to be between 2.3 million and 2.5 million tonnes, with shipments expected to range from 2.5 million to 2.6 million tonnes [4][8] Peer Comparison - Constellium SE's Packaging & Automotive Rolled Products segment saw shipments increase by 4% year-over-year to 820,000 metric tons in the first nine months of 2025, with revenues rising by 17% to $3.2 billion [5] - Olympic Steel, Inc.'s Specialty Metals Flat Products segment achieved its highest shipping volume in three years, with shipments up 6.1% year-over-year to 96,911 metric tons and revenues increasing by 5% to $405.1 million [6] Stock Performance and Valuation - Alcoa's shares have increased by 27.2% over the past month, outperforming the industry's growth of 24.1% [7] - The company is currently trading at a forward price-to-earnings ratio of 12.28X, which is above the industry's average of 11.80X, and holds a Value Score of B [9] - The Zacks Consensus Estimate for Alcoa's 2025 earnings has risen by 7.5% over the past 60 days, indicating positive sentiment [10]

本文由 AI 算法生成，仅作参考，不涉投资建议，使用风险自担 【12月31日有色金属板块走低，贵金属期货受挫】12月31日，有色金属板块走势低迷，美国铝业、世纪 铝业跌幅超2%，凯撒铝业、南方铜业跌幅超1%。消息显示，芝商所本周第二次上调贵金属期货保证金 要求，旨在为近期暴涨的贵金属市场降温。受此影响，贵金属全线大幅下跌，纽约期银一度跌超9%， 跌破71美元/盎司。 ...

Core Viewpoint - The North American aluminum industry is facing opportunities from increased U.S. trade barriers on aluminum imports and challenges from data centers competing for limited power resources. The supply-demand gap for primary aluminum in North America is expected to widen over the next five years, with local U.S. aluminum maintaining a high premium [2]. Supply Overview - The supply of primary aluminum in North America is limited due to power constraints and uncertainties in trade policies. Since 2011, new primary aluminum capacity has stagnated, and cost pressures from aging power and equipment have led to many U.S. projects being idled or shut down. The U.S. local Mt Holly project has announced a restart of idle capacity, while new projects by Emirates Global Aluminum and Century Aluminum depend heavily on policy support. Canada currently has no expansion projects with net capacity increases planned. It is expected that North American primary aluminum production will slightly increase from 3.99 million tons in 2024 to 4.16 million tons by 2030, mainly from the restart of idle capacity [5][11][18]. Demand Overview - North American aluminum demand is expected to maintain rapid growth, with the regional supply-demand gap likely to widen further. The transportation sector is anticipated to see a recovery in automotive manufacturing capacity utilization under U.S. tariff protection, while strong orders in aerospace will support aircraft manufacturing demand. Residential construction aluminum demand may stabilize and rebound after new housing starts bottom out. The high investment in the power sector may continue to drive related aluminum demand [5][11][43]. Key Companies - The North American aluminum industry is dominated by three major companies: Alcoa, Century Aluminum, and Rio Tinto. Rio Tinto maintains a relatively stronger profitability due to its low-cost hydroelectric power and integrated bauxite resources. Century Aluminum benefits more from U.S. tariff protections due to its high domestic production ratio. Alcoa, with a higher proportion of alumina revenue, can better withstand cost pressures related to alumina prices, while its higher cash cost per ton of aluminum provides greater profit elasticity [6][45]. Trade and Policy Impact - U.S. aluminum net imports reached a historical high in 2017 but have since declined due to tariff policies. The U.S. aluminum dependency ratio rose from 3% in 2011 to 59% in 2017, then fell to 38% in 2020 due to tariff protections. However, the dependency ratio is expected to rise again to around 50% from 2021 to 2024. The recent increase in tariffs to 25% and 50% will significantly elevate trade barriers [25][26][30]. Price Dynamics - The Midwest premium for aluminum in the U.S. has been expanding due to tariff impacts. The premium has risen from below $0.10 per pound before 2012 to around $0.20 per pound after the introduction of tariffs in 2018, and further to $0.80-$0.90 per pound with the recent tariff increases, effectively covering additional costs imposed by tariffs [35][36]. Future Outlook - The supply of primary aluminum in North America is expected to remain limited due to power resource constraints and uncertainties in trade policies. The demand for aluminum is projected to grow rapidly, particularly in the transportation and packaging sectors. The supply-demand gap is likely to widen from 2025 to 2030, with the Midwest premium expected to remain at a high level sufficient to cover tariff costs [38][43].