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NYSE: ARNC
Arconic Corp Stock Forecast, Predictions & Price Target

Analyst price target for ARNC

Based on 3 analysts offering 12 month price targets for Arconic Corp.
Min Forecast
$22.00-17.6%
Avg Forecast
$26.67-0.12%
Max Forecast
$35.00+31.09%

Should I buy or sell ARNC stock?

Based on 3 analysts offering ratings for Arconic Corp.
Buy
Strong Buy
1 analysts 33.33%
Buy
0 analysts 0%
Hold
2 analysts 66.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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ARNC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Deutsche Bank
Bottom 15%
15
HoldMaintains$23.00-13.86%2023-01-24
Goldman Sachs
Top 7%
94
HoldMaintains$22.00-17.60%2022-10-13
Benchmark
Top 13%
88
Strong BuyMaintains$35.00+31.09%2022-09-15
Anonymous
Goldman Sachs
HoldMaintains$36.00+34.83%2022-06-08

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Forecast return on equity

Is ARNC forecast to generate an efficient return?
Company
29.96%
Industry
29.56%
Market
51.58%
ARNC's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is ARNC forecast to generate an efficient return on assets?
Company
6.76%
Industry
10.2%
ARNC is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

ARNC earnings per share forecast

What is ARNC's earnings per share in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$3.60
Avg 2 year Forecast
$4.09

ARNC revenue forecast

What is ARNC's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$9.2B+2.15%
Avg 2 year Forecast
$10.6B+18.16%
ARNC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ARNC revenue growth forecast

How is ARNC forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
2.15%
Industry
1.74%
Market
25.81%
ARNC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ARNC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ARNC vs Specialty Industrial Machinery Stocks

TickerPricePrice TargetUp/downsideConsensus
ARNC$26.70$26.67-0.12%Buy
ENOV$50.10$62.43+24.61%Buy
KAI$198.71$234.00+17.76%Buy
HI$44.30$64.50+45.60%Strong Buy
SPXC$68.00$82.00+20.59%Buy

Arconic Stock Forecast FAQ

Is Arconic Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NYSE: ARNC) stock is to Buy ARNC stock.

Out of 3 analysts, 1 (33.33%) are recommending ARNC as a Strong Buy, 0 (0%) are recommending ARNC as a Buy, 2 (66.67%) are recommending ARNC as a Hold, 0 (0%) are recommending ARNC as a Sell, and 0 (0%) are recommending ARNC as a Strong Sell.

If you're new to stock investing, here's how to buy Arconic stock.

What is ARNC's earnings growth forecast for 2023-2024?

(NYSE: ARNC) Arconic's forecast annual earnings growth rate of N/A is not forecast to beat the US Specialty Industrial Machinery industry's average forecast earnings growth rate of 23.66%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 78.57%.

Arconic's earnings in 2023 is -$182,000,000.On average, 2 Wall Street analysts forecast ARNC's earnings for 2023 to be $357,837,714, with the lowest ARNC earnings forecast at $319,071,962, and the highest ARNC earnings forecast at $395,609,473.

In 2024, ARNC is forecast to generate $406,543,403 in earnings, with the lowest earnings forecast at $406,543,403 and the highest earnings forecast at $406,543,403.

What is ARNC's revenue growth forecast for 2023-2024?

(NYSE: ARNC) Arconic's forecast annual revenue growth rate of 2.15% is forecast to beat the US Specialty Industrial Machinery industry's average forecast revenue growth rate of 1.74%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 25.81%.

Arconic's revenue in 2023 is $8,961,000,000.On average, 2 Wall Street analysts forecast ARNC's revenue for 2023 to be $909,874,949,381, with the lowest ARNC revenue forecast at $906,698,145,676, and the highest ARNC revenue forecast at $913,051,753,087.

In 2024, ARNC is forecast to generate $1,052,491,170,296 in revenue, with the lowest revenue forecast at $1,052,491,170,296 and the highest revenue forecast at $1,052,491,170,296.

What is ARNC's forecast return on assets (ROA) for 2023-2024?

(NYSE: ARNC) forecast ROA is 6.76%, which is lower than the forecast US Specialty Industrial Machinery industry average of 10.2%.

What is ARNC's Price Target?

According to 3 Wall Street analysts that have issued a 1 year ARNC price target, the average ARNC price target is $26.67, with the highest ARNC stock price forecast at $35.00 and the lowest ARNC stock price forecast at $22.00.

On average, Wall Street analysts predict that Arconic's share price could fall to $26.67 by Jan 24, 2024. The average Arconic stock price prediction forecasts a potential downside of 0.12% from the current ARNC share price of $26.70.

What is ARNC's Earnings Per Share (EPS) forecast for 2023-2024?

(NYSE: ARNC) Arconic's current Earnings Per Share (EPS) is -$1.75. On average, analysts forecast that ARNC's EPS will be $3.60 for 2023, with the lowest EPS forecast at $3.21, and the highest EPS forecast at $3.98. In 2024, ARNC's EPS is forecast to hit $4.09 (min: $4.09, max: $4.09).

What is ARNC's forecast return on equity (ROE) for 2023-2024?

(NYSE: ARNC) forecast ROE is 29.96%, which is considered strong.
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