Alcoa Corporation reported strong Q3 2026 results driven by higher shipment volumes and robust aluminum prices. The company plans to acquire AliGroup for $4.1 billion, expecting $900 million in synergies to enhance its global platform. Alcoa aims to generate $500 million to $1 billion from asset sales and focus on disciplined debt reduction to maintain operational flexibility. However, new aluminum capacity from Indonesia and the Middle East may lead to price normalization by the end of fiscal 2028.
Alcoa Corporation shares trade at USD 40.83 on Pluang as of Oct 20, 2026 23:42 WIB, down 2.02% in one day. The stock's market cap stands at $11.00 billion with a dividend yield of 0.96%. Pluang order activity shows 62% of investors buying and 38% selling, indicating mixed sentiment despite the company's strategic moves.
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Alcoa reported a third-quarter net profit of $483 million, more than doubling from $232 million a year earlier, driven by higher production and alumina prices. Revenue rose 24% year-on-year to $3.70 billion but fell 7% from the previous quarter due t...
Alcoa's shares rose 8% following a Q3 earnings beat with adjusted earnings of $1.82 per share, surpassing estimates, despite slightly missing revenue forecasts. The company also agreed to sell part of its New York Massena East site for data center de...
