AA

NNI, AA and ASBFY have been added to the Zacks Rank #5 (Strong Sell) List on July 9, 2026.

Institutional investors are notoriously skittish toward aggressive mergers and acquisitions in cyclical sectors unless they see immediate, verifiable free cash flow accretion.

Alcoa Corporation has dropped over 40% since May 2026, but I remain bullish with a potential 42% upside. AA's recent acquisition of South32 assets strengthens its upstream aluminum position and is expected to generate ~$900M in NPV synergies. Despite macro headwinds and a sharp aluminum price correction, AA trades at less than 4x forward EV/EBITDA, well below its 5-year average.

Alcoa CEO William Oplinger discusses the rationale behind the company's deal to buy Australian aluminum producer South32, as well as global demand and production in the face of rising energy costs.

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA, ASX: AAI) (“Alcoa” or the “Company”) today announced that it has entered into a definitive agreement to acquire South32 Limited's (ASX: S32, LSE: S32.L, JSE: S32) (“South32”) interests in bauxite mine, alumina refinery and aluminum smelter operations in a cash and stock transaction for an upfront consideration of approximately $4.1 billion. The transaction represents an implied enterprise value of approximately $4.7 billion when includin.

Woodside Energy agreed ​to supply domestic gas to ‌Alcoa Corp's Australian unit from 2027 to 2030, the Australian energy major ​said on Tuesday.

(Oslo/Lista, Norway 18 June 2026) Statkraft and Alcoa have signed two new power agreements securing electricity supply to support continued operation of Alcoa's aluminium plant at Lista, Norway. The agreements provide a solid and predictable energy foundation for the smelter and help maintain both production and further development at the site. Production Line 2 at Lista recently completed a successful restart of 31,000 metric tonnes per annum to reach its nameplate capacity of 95,000 metric tonnes for the plant. This marked an important milestone for Alcoa in Norway, with restored capacity and a strengthened industrial presence. Building on this, access to reliable and competitively priced power is essential for continued operations.

HENDERSON, Nev., June 17, 2026 (GLOBE NEWSWIRE) -- Nova Southeastern University (NSU) is opening NSU Health, a regional campus in Henderson, Nev., initially to offer its nationally recognized Anesthesiologist Assistant (AA) program to address a state and national shortage of anesthesia professionals.

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA; ASX: AAI) plans to announce its second quarter 2026 financial results on Thursday, July 16, 2026, after the close of trading on the New York Stock Exchange. Alcoa will host a conference call to discuss the second quarter 2026 financial results on July 16, 2026, at 5:00 p.m. EDT (July 17, 2026, at 7:00 a.m. AEST). The call will be webcast live via www.alcoa.com. The second quarter 2026 earnings press release with financial results, and a.

CSTM and AA are benefiting from strong aluminum demand and higher prices, but differences in growth, valuation and capital returns may matter.