KALU trades 38.5% below Wall Street's consensus target of $148.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes KALU achieves its forward estimates and maintains a stable P/E multiple of 8.4x. This scenario reflects the blended consensus of 24 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of November 9, 2026, Kaiser Aluminum Corporation (KALU) has a Wall Street consensus price target of $148.00, based on estimates from 24 covering analysts. With the stock currently trading at $106.84, this represents a potential upside of +38.5%. The company has a market capitalization of $1.75B.
Analyst price targets range from a low of $127.00 to a high of $160.00, representing a 22% spread in expectations. The median target of $155.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Hold, with 10 analysts rating the stock as a Buy or Strong Buy,11 rating it Hold, and 3 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, KALU trades at a trailing P/E of 8.3x and forward P/E of 8.4x. The forward PEG ratio of 0.28 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow -1.8% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $127.30, with bear and bull scenarios of $80.20 and $167.73 respectively. Model confidence stands at 43/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 AAAlcoa Corporation | $10.4B | $39.54 | $60.43 | +52.8% | Buy | 5.7x | 42 |
 CENXCentury Aluminum Company | $3.3B | $33.47 | $58.00 | +73.3% | Hold | 3.3x | 23 |
 HWKNHawkins, Inc. | $3.2B | $150.95 | $157.00 | +4.0% | Buy | 38.4x | 2 |
 CSTMConstellium SE | $3.0B | $21.81 | $33.80 | +55.0% | Buy | 5.4x | 17 |
 ATIATI Inc. | $24.0B | $175.79 | $257.50 | +46.5% | Buy | 33.9x | 31 |
 HWMHowmet Aerospace Inc. | $82.3B | $205.81 | $324.10 | +57.5% | Buy | 37.5x | 25 |
 CRSCarpenter Technology Corporation | $13.8B | $278.31 | $461.67 | +65.9% | Buy | 20.6x | 21 |
 MTRNMaterion Corporation | $3.9B | $186.11 | $282.00 | +51.5% | Buy | 26.3x | 11 |
 BAThe Boeing Company | $137.1B | $173.40 | $243.73 | +40.6% | Buy | — | 55 |
 LMTLockheed Martin Corporation | $130.9B | $567.08 | $638.22 | +12.5% | Buy | 18.5x | 37 |
Quick answers to the most common questions about buying KALU stock.
The consensus Wall Street price target for KALU is $148, representing 38.5% upside from the current price of $106.84. With 24 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
KALU has a consensus rating of "Hold" based on 24 Wall Street analysts. The rating breakdown is mixed, with 11 Hold ratings making up the largest segment. The consensus 12-month price target of $148 implies 38.5% upside from current levels.
With a forward P/E of 8.4086x, KALU trades at a relatively low valuation. The consensus target of $148 implies 38.5% appreciation, suggesting meaningful undervaluation.
The most bullish Wall Street analyst has a price target of $160 for KALU, while the most conservative target is $127. The consensus of $148 represents the median expectation. Our quantitative valuation model projects a bull case target of $168 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
KALU is well covered by analysts, with 24 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 10 have Buy ratings, 11 recommend Hold, and 3 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month KALU stock forecast based on 24 Wall Street analysts shows a consensus price target of $148, with estimates ranging from $127 (bear case) to $160 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $127, with bear/bull scenarios of $80/$168.
Our quantitative valuation model calculates KALU's fair value at $127 (base case), with a bear case of $80 and bull case of $168. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 43/100.
KALU trades at a forward P/E ratio of 8.4x based on next-twelve-months earnings estimates compared to a trailing P/E of 8.3x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are very optimistic on KALU, with a "Hold" consensus rating and $148 price target (38.5% upside). 10 of 24 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
KALU analyst price targets range from $127 to $160, a 22% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $148 consensus represents the middle ground. Our model's $80-$168 range provides an independent fundamental perspective.
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