Kaiser Aluminum

KALU · NASDAQ

$152.54+$2.33 (+1.55%)TodayMarket closed · Oct 20, 7:32 PM ET

Prev close $150.21

KALU analyst rating

BuyConsensus of 6 analysts over the last 12 months. 67% rate it a buy.

Strong buy0
Buy4
Hold1
Underperform1
Sell0

12-month price target · 6 analysts

Average $179.18 (+17.5% upside)

Low: $161.60
Now: $152.54
High: $193.20

Upgrades and downgrades

The latest rating actions, newest first

KALU analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Barclays	Oct 14, 2026	Initiates	Overweight	$180.00	57%
Keybanc	Oct 8, 2026	Maintains	Overweight	$183.00 → $181.00	37%
Wells Fargo	Sep 18, 2026	Upgrade	Underweight → Equal-Weight	$169.00 → $160.00	55%
UBS	Aug 31, 2026	Upgrade	Neutral → Buy	$179.00 → $184.00	0%
Wells Fargo	Jul 24, 2026	Maintains	Underweight	$158.00 → $169.00	55%
Wells Fargo	Jul 9, 2026	Downgrade	Equal-Weight → Underweight	$158.00	55%
UBS	Jul 8, 2026	Maintains	Neutral	$176.00 → $179.00	0%
UBS	May 5, 2026	Initiates	Neutral	$176.00	0%
JP Morgan	Apr 30, 2026	Downgrade	Neutral → Underweight	$124.00 → $142.00	54%
Keybanc	Apr 24, 2026	Maintains	Overweight	$170.00 → $183.00	65%

The case for and against

Updated Oct 7, 2025

Bull case

Kaiser Aluminum Corp's positive outlook is supported by the anticipated recovery in its Aerospace/High Strength segment, which contributes significantly to the company's EBITDA and is expected to improve as the long cycle destock concludes and OEM schedules ramp up. Additionally, the aluminum Packaging segment demonstrates strong secular growth, bolstered by the ongoing commissioning of a new higher margin roll coat line, with the first shipments expected in the second quarter of FY25. Overall, these factors indicate a favorable trajectory for revenue and profitability as market conditions improve.

Bear case

Kaiser Aluminum Corp faces increasing risks that could adversely affect its financial performance, particularly anticipated challenges extending into FY26. The company's automotive segment, which accounts for approximately 9% of sales, is vulnerable to potential tariffs and increased uncertainty, raising concerns about revenue stability. Furthermore, a notable reduction in the price target indicates a shift in financial outlook, emphasizing the growing caution surrounding the company's future profitability.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.