Kaiser Aluminum lifts 2026 forecast after $1.1B quarter
Kaiser Aluminum Corporation reported record first-quarter 2026 financial results, with net sales reaching $1.1 billion and a diluted EPS of $3.71. The company's strong performance, driven by increased shipments, improved pricing, and favorable product mix, led management to raise its full-year 2026 outlook for Conversion Revenue and Adjusted EBITDA by 10-15% and 20-30% year-over-year, respectively. This positive forecast reflects structural improvements and strategic initiatives taking hold across the business.
FEB 20·MarketBeat→
Kaiser Aluminum (NASDAQ:KALU) Stock Price Down 4.8% - Here's Why
Kaiser Aluminum (NASDAQ:KALU) saw its stock price drop by 4.8% on Friday, trading down to $120.9020 on lower-than-average volume. This decline follows a mix of recent news, including a slight EPS miss in its Q4 earnings despite beating revenue estimates, and mixed analyst sentiment with some upgrades and some neutral ratings. The company recently announced a quarterly dividend of $0.77 per share.
JAN 13·Seeking Alpha▼
Alcoa, Kaiser Aluminum cut at Wells Fargo; Constellium new favorite aluminum processor (AA:NYSE)
Wells Fargo downgraded Alcoa (AA) and Kaiser Aluminum (KALU) to Equal Weight from Overweight, citing potential underestimation of substitution risks for aluminum by investors. Meanwhile, Wells Fargo named Constellium (CSTM) as its new favorite aluminum processor. Both Alcoa and Kaiser Aluminum stocks saw slight declines following the downgrade.
