Where Is Alcoa Stock Headed?
1. Alcoa's shares rebound toward mid-$30s with improving cash flow. 2. 2025 aluminum prices rise to $2,400-$2,500/tonne, boosting demand. 3. Strong cash flow potential exceeding $800 million supports shareholder returns. 4. Valuation remains attractive but sensitive to aluminum price fluctuations. 5. Current EBITDA margin expansion may indicate undervaluation amidst low inventories.