Alcoa(US:AA) Benzinga·2025-12-30 12:27Group 1 - Alcoa Corp. has entered the top 10th percentile of momentum-ranked stocks, with its momentum percentile increasing from 84.25 to 92.28, indicating strong price strength and growing investor optimism amid an aluminum market recovery [1][2] - The company's momentum score reflects robust relative price performance and lower volatility compared to peers, confirmed across short, medium, and long timeframes [2] - Alcoa is a key supplier of lightweight aluminum alloys to major companies like Ford Motor Co. for F-150 truck bodies and RTX Corp.'s Pratt & Whitney jet engine components [2] Group 2 - Recent analyst upgrades have strengthened the bullish outlook for Alcoa, with Wells Fargo raising its price target to $58 from $40 and Citi increasing its target to $54 from $42 [3][4] - The consensus rating for Alcoa remains "Buy," with an average target price around $49-50, supported by positive views from firms like UBS and BMO [4] Group 3 - The aluminum market has seen a recovery, with prices climbing nearly 17% in 2025, reaching approximately $2,970 per tonne, the highest since May 2022, due to tightening global supply [5] - Alcoa's vertical integration is expected to provide significant EBITDA upside during this cyclical recovery in the aluminum market [5] Group 4 - Alcoa's stock has performed strongly in 2025, with a year-to-date increase of 41.54%, 82.21% over the last six months, and 29.10% in the last month [6] - Despite a recent closing drop of 0.88% to $53.77, the stock was up 1.04% in premarket trading [6]