Is Century Aluminum (CENX) Undervalued After Its Strong Second Quarter Earnings?
Century Aluminum (CENX) recently reported strong second-quarter earnings, moving from a net loss to a net income of $249.3 million, alongside revenues of $752.1 million. Despite a recent pullback in its stock price, which has seen a 108.02% total shareholder return over the past year, analysts suggest the stock remains undervalued with a fair value of $70.50 compared to its current $45.66. This valuation is based on expected growth from the expansion of Mt. Holly, a new U.S. smelter, and sustained tightness in global aluminum supply.
Is Century Aluminum (CENX) Undervalued After Its Strong Second Quarter Earnings?
Century Aluminum (CENX) has reported a significant swing to net income in Q2 2026, reaching $249.3 million, alongside revenues of $752.1 million. Despite a recent share price pullback to $45.66, the stock has delivered a 1-year total shareholder return of 108.02%. A popular valuation narrative suggests the company is 35.2% undervalued, with a fair value of $70.50 per share, driven by anticipated increased U.S. primary aluminum production, rising domestic demand, and tight global supply.
Century Aluminum (CENX) Is Down 8.8% After Earnings Rebound And Capacity Ramp-Up - Has The Bull Case Changed?
Century Aluminum Company reported strong Q2 2026 earnings, reversing previous losses, and brought key facilities back to full capacity, supported by U.S. tariff policies. Despite an 8.8% stock drop, the company's investment narrative hinges on converting this earnings rebound and expanded production into sustained cash generation. However, continued reliance on stable U.S. tariff and incentive policies remains a significant risk to its projected revenue and earnings growth.
Century Aluminum (CENX) Is Down 8.8% After Earnings Rebound And Capacity Ramp-Up - Has The Bull Case Changed?
Century Aluminum reported strong Q2 2026 earnings, reversing a prior-year loss, driven by the full operational capacity of its Mt. Holly and Grundartangi facilities and supportive U.S. tariff policies. Despite the positive financial turnaround and expanded production, the company's investment narrative heavily relies on the stability of these tariff and incentive policies. Analysts project significant revenue and earnings growth by 2029, suggesting a substantial upside to its current stock price, but acknowledge the inherent risks associated with policy shifts and market volatility.
Century Aluminum (CENX) Is Down 8.8% After Earnings Rebound And Capacity Ramp-Up - Has The Bull Case Changed?
Century Aluminum (CENX) reported strong Q2 2026 earnings with a significant rebound, posting US$2.52 basic earnings per share and US$249.3 million net income, driven by returning key facilities to full capacity for the first time in over a decade and advancing its Oklahoma smelter plans. The company's investment narrative relies on converting this earnings swing and expanded production into sustained cash generation, supported by U.S. tariff policies. Analysts project substantial revenue and earnings growth by 2029, suggesting a potential 51% upside to its current price, though the stability of U.S. tariff and incentive policies remains a critical factor.
Bank of America Corp DE Grows Holdings in Century Aluminum Company $CENX
Bank of America Corp DE significantly increased its stake in Century Aluminum Company (CENX) by 98.0% in the first quarter, now owning 608,794 shares valued at $35.7 million. This move is part of broader institutional interest, with hedge funds and other institutional investors collectively holding 61.59% of CENX. The company recently reported strong quarterly earnings, beating EPS estimates, and analysts maintain a "Moderate Buy" consensus rating with an average price target of $72.00.
Inola smelter owner confident it will be approved
Despite opposition from Oklahoma Attorney General Gentner Drummond regarding the proposed $4 billion aluminum smelter in Inola, Century Aluminum's President and CEO, Jesse Gary, expressed confidence that the project will move forward. Gary anticipates groundbreaking by year-end and initial production by late 2029, with the project expected to receive approval for reduced import tariffs. The company is actively addressing community concerns and highlighting the economic benefits and job creation the smelter would bring to the state.
Century Aluminum Q2 Earnings Lag Estimates, Sales Rise Y/Y
Century Aluminum (CENX) reported Q2 2026 earnings per share of $2.39, missing the Zacks Consensus Estimate but up significantly from a loss in the prior year. Net sales rose 19.7% year-over-year to $752.1 million, driven by higher metal prices and shipments, despite also missing estimates. The company forecasts Q3 2026 adjusted EBITDA between $325 million and $345 million.
Century Aluminum Q2 Earnings Lag Estimates, Sales Rise Y/Y
Century Aluminum (CENX) reported Q2 2026 earnings per share of $2.39, missing analyst estimates but showing significant improvement from the prior year's loss. Net sales increased by 19.7% year-over-year to $752.1 million, driven by higher metal prices and increased production, despite missing Zacks Consensus Estimates. The company provided a Q3 2026 adjusted EBITDA outlook between $325 million and $345 million.
Century Aluminum (CENX) Falls 7.4% Despite Strong Q2 Results
Century Aluminum (CENX) experienced a 7.4% stock drop despite reporting strong Q2 results, with net sales up to $752.1 million and adjusted EBITDA at $326.9 million. The decline is attributed to investors taking profits and the Q3 outlook being in line with Q2, rather than new negative news or balance sheet concerns, as the company reported cash exceeding total debt. Insider trading activity shows significant sales by executives and major shareholders, while hedge funds show mixed activity with some adding and others reducing positions.
Why Century Aluminum Is Dropping 6.2%: UBS Initiates at Buy
Shares of Century Aluminum Company (CENX) dropped 6.2% despite UBS initiating coverage with a "Buy" rating and a $60 price target. This market reaction suggests investor skepticism, potentially due to broader commodity concerns or company-specific issues not addressed by the bullish analyst outlook. Investors are likely looking for more tangible evidence of fundamental improvements before fully embracing the optimistic forecast.
Empowered Funds LLC Decreases Holdings in Century Aluminum Company $CENX
Empowered Funds LLC significantly reduced its stake in Century Aluminum Company by 83.4% in the first quarter, selling 34,680 shares and retaining 6,880 shares. Despite this, institutional ownership remains high at 61.59%, with other firms like AQR Capital and JPMorgan Chase increasing their positions. Century Aluminum surpassed quarterly earnings expectations with an EPS of $2.46, and analysts maintain a "Moderate Buy" rating with an average price target of $72.
Is Century Aluminum (CENX) Undervalued After Its Return To Profit?
Century Aluminum (CENX) reported strong second-quarter 2026 results, returning to profit with US$249.3 million in net income and significant share price returns. The company is considered 22% undervalued by Simply Wall St, with a fair value of $67 per share compared to its current price of $52.29, despite some underlying risks related to policy support and project execution. Investors are encouraged to review the full analysis to understand the opportunities and risks.
AG asks federal court to halt construction of Oklahoma aluminum smelter
Oklahoma Attorney General Gentner Drummond has asked a federal court to immediately block construction of a proposed aluminum smelter in Inola, citing concerns over foreign ownership and severe pollution. The motion seeks to maintain a construction moratorium until a lawsuit over the project's lawfulness can be adjudicated. The smelter, dubbed Oklahoma Primary Aluminum, is a priority of President Trump and is majority-owned by Dubai-based Emirates Global Aluminum.
Century Aluminum says Oklahoma smelter on track despite local pushback
Century Aluminum's CEO Jesse Gary stated that the company's Oklahoma smelter project is on track to break ground this year, despite facing local opposition from residents and politicians. The project is expected to benefit from a Trump administration onshoring incentive program, allowing reduced tariffs on primary aluminum imports. The company is working to address environmental concerns raised by the community and the Oklahoma Attorney General.
Century net sales increase by 16% in Q2 2026
Century Aluminum reported a 16% sequential increase in net sales to $752.1 million in Q2 2026, primarily driven by higher realized metal prices and increased shipments from the Mt. Holly expansion and Norðurál smelter restart. Despite a sequential decrease in net income due to a one-time gain from a Q1 data center sale, adjusted net income and adjusted EBITDA both saw significant sequential increases. The company forecasts a global aluminium deficit to continue into 2027 and expects Q3 Adjusted EBITDA to range between $325 million to $345 million.
UBS initiates Century Aluminum stock with buy rating on tariff outlook
UBS has initiated coverage on Century Aluminum (NASDAQ:CENX) with a Buy rating and a $60.00 price target, citing expected near-term volume growth from capacity restarts and a higher U.S. pricing environment supported by Section 232 tariffs. The firm projects robust free cash flow and a move to a net cash position by Q3 2026. Despite a recent revenue miss, analysts anticipate the company to be profitable this year, with its stock appearing undervalued based on InvestingPro analysis.
Century Aluminium CEO provides update on Oklahoma project
Century Aluminium's CEO, Jesse Gary, provided an update on the company's joint-venture project with Emirates Global Aluminium (EGA) in Inola, Oklahoma. The plant, which will be the largest primary aluminium production facility in the US, is on track to break ground by the end of 2026, with initial production expected by late 2029. Gary also highlighted the benefits of the Section 232 programme, which will allow the project to import primary aluminium at a reduced tariff rate, helping to fund Century's share of the development.
Century Aluminum Company Just Recorded A 17% EPS Beat: Here's What Analysts Are Forecasting Next
Century Aluminum Company (NASDAQ:CENX) announced its Q2 2026 results, beating analyst EPS estimates by 17% and revenue estimates by 2%. Despite the beat, the company's shares traded down 4.6% to US$10.38, and analysts have revised their earnings forecasts downwards for the current and next financial year. The updated price target suggests an expected share price increase of 31% over the next 12 months.
Cetera Investment Advisers Acquires 36,469 Shares of Century Aluminum Company $CENX
Cetera Investment Advisers significantly increased its stake in Century Aluminum Company (CENX) during the first quarter, adding 36,469 shares to bring its total holding to 43,612 shares valued at $2.56 million. Institutional investors now own 61.59% of the company. The article also details recent analyst ratings, financial performance, and company profile for Century Aluminum.
Century Aluminum (CENX) Stock Still Looks Discounted On Second Quarter Results
Century Aluminum (CENX) stock, despite a significant 3-year gain and 122.6% return in the last year, is still considered undervalued by Simply Wall St's valuation checks, passing 6 of 6 checks. The company's P/E ratio of 8.4x is below the industry average, and its recent strong Q2 2026 results, including US$249.3 million in net income, suggest a discount compared to its potential fair value. The article questions whether the market's current valuation reflects operational risks or if there's still a margin of safety for new investors.
Assenagon Asset Management S.A. Lowers Position in Century Aluminum Company $CENX
Assenagon Asset Management S.A. reduced its stake in Century Aluminum Company (NASDAQ:CENX) by 16.3% in the second quarter, selling 299,157 shares but retaining 1.53 million shares valued at $70.45 million. The company's stock currently has an average rating of "Hold" and a consensus price target of $76. Century Aluminum reported strong quarterly earnings, beating estimates with $2.46 EPS, though revenue missed expectations at $752.1 million.
Century Aluminum Co (CENX) (Q2 2026) Earnings Call Highlights: Record EBITDA and Strategic ...
Century Aluminum Co (CENX) reported record Q2 2026 financial results with adjusted EBITDA of $327 million, a 6% increase in shipments, and strengthened its balance sheet with $388 million in cash. The company completed key expansions and restarts ahead of schedule, capitalizing on robust market conditions and a new executive order for tariff benefits. However, operational instabilities at Mt. Holly and other challenges are expected to impact Q3 2026 results.
Century Aluminum (CENX) Stock Rallies On Surging Margins And Restart Progress
Century Aluminum (CENX) stock surged 11.5% following its Q2 2026 earnings report, which showcased a significant return to profitability with US$249.3m net income and a 22.6% trailing net margin. The company's operational progress, including restarts at Mt. Holly and Grundartangi, and policy support through tax credits and tariff reductions, are backing a bullish growth story. However, concerns remain regarding policy dependence and potential project execution risks.
Century Aluminum Q2 2026 presentation: cash exceeds debt, new smelter By Investing.com
Century Aluminum (NASDAQ:CENX) reported strong Q2 2026 results, with adjusted EBITDA reaching $327 million and adjusted EPS of $2.46, driven by increased production and favorable aluminum prices. The company's cash balance now exceeds its total outstanding debt, providing financial flexibility. A major strategic initiative is the planned Oklahoma smelter, a joint venture with Emirates Global Aluminium, which will be the first new U.S. smelter in 50 years and is supported by a U.S. Department of Energy grant and a new executive order reducing tariffs for domestic production investments.
Century Aluminum Company Reports Second Quarter 2026 Results
Century Aluminum Company announced strong second-quarter 2026 results, with net sales increasing to $752.1 million, driven by higher metal prices and increased production. Despite a sequential decrease in net income attributed to a one-time gain in Q1, adjusted net income and Adjusted EBITDA both saw significant sequential increases. The company also provided a positive outlook for Q3 Adjusted EBITDA, projecting it to be between $325 million and $345 million.
CENTURY ALUMINUM CO 2026: Revenue $752.1M, EPS $2.39— 10-Q Summary
CENTURY ALUMINUM CO (CENX) reported strong financial results for 2026 with revenue of $752.1M and diluted EPS of $2.39, significantly improving from the prior year. This performance was driven by higher LME prices, regional premiums, and increased domestic shipments following restarts and recoveries from outages. The company also announced a joint venture with EGA for a new U.S. smelter and sold its Hawesville facility to fund other strategic projects.
Earnings call transcript: Century Aluminum tops Q2 2026 EPS forecast
Century Aluminum (CENX) exceeded Q2 2026 EPS forecasts with $2.46 per share against an estimated $2.35, though revenue missed expectations. The company reported a significant operational turnaround, with all major assets reaching full capacity by July, leading to a strong increase in adjusted EBITDA and a strengthened balance sheet where cash now exceeds total debt. Management provided a positive Q3 outlook, expecting adjusted EBITDA between $325 million and $345 million, and highlighted a new executive order that could significantly benefit its Oklahoma smelter project.
Century Aluminum (CENX) profit surges on Hawesville sale and insurance gains
Century Aluminum reported a significant profit surge in Q2 2026, with net income of $243.8 million, a strong improvement from a loss in the prior year, and diluted EPS of $2.39. This growth was primarily driven by a $287.9 million gain from the sale of its Hawesville facility and a $73.1 million gain from insurance proceeds related to transformer failures at Grundartangi. The company also benefited from $51.3 million in Section 45X production tax credits and saw strengthened liquidity and an improved balance sheet.
Century Aluminum (NASDAQ: CENX) lifts Q2 2026 adjusted EBITDA to $326.9M
Century Aluminum reported strong Q2 2026 results, with adjusted EBITDA rising to $326.9 million, driven by higher metal prices and increased shipments following operational expansions. Despite a sequential decrease in net income due to a prior-quarter asset sale, the company significantly improved its underlying profitability and liquidity, with cash exceeding total debt by the end of July. Century Aluminum also provided Q3 2026 adjusted EBITDA guidance of $325 million to $345 million.
Century Aluminum record Q2 profit as stronger prices, Mt Holly restart lift H1 earnings
Century Aluminum reported record second-quarter (Q2) 202
Century Aluminum Q2 2026 slides: full capacity, strong EBITDA growth
Century Aluminum (NASDAQ:CENX) reported a strong second quarter in 2026, achieving full production capacity at its Mt. Holly and Grundartangi facilities and significantly strengthening its balance sheet. The company posted an adjusted EBITDA of $327 million, a substantial sequential increase, driven by robust aluminum market fundamentals and successful project restarts. Century also detailed a strategic joint venture for a new U.S. aluminum smelter, anticipating significant benefits from a new executive order reducing tariffs for domestic production.
Earnings Flash (CENX) Century Aluminum Company Posts Q2 Adjusted EPS $2.46 per Share, vs. FactSet Est of $2.33
Century Aluminum Company (CENX) reported strong financial results for Q2, with adjusted earnings per share (EPS) of $2.46, surpassing the FactSet estimate of $2.33. The company also announced an increase in its Q2 revenue. This positive performance indicates a stronger quarter than analysts had predicted for the aluminum producer.
Century Aluminum (NASDAQ:CENX) Shares Climb As Mid-Cap Materials Names Lead Today
Century Aluminum (NASDAQ:CENX) shares experienced a surge today due to tightening aluminum supply and strong demand, a trend seen across mid-cap materials companies. The domestic metal producer benefited from trade measures impacting imported metal and resilient demand from construction and electrification sectors. This reflects a broader market shift where the rally is extending beyond mega-cap technology stocks to more cyclical and domestically focused names.
3 US Manufacturing Stocks In Focus As Tariffs Reshape Supply Chains
This article examines three US manufacturing stocks—Miller Industries (MLR), Century Aluminum (CENX), and VSE Corporation (VSEC)—that could be impacted by new tariffs and shifting supply chains. It highlights how their domestic operations and product sourcing might offer advantages or present challenges under the new trade policies, providing an overview of each company's exposure and potential implications. The piece suggests these companies warrant attention as tariffs reshape the US manufacturing landscape.
Is Century Aluminum (CENX) Accepting a Commodity-Driven Identity Over Operational Control?
Century Aluminum (CENX) recently indicated that its Q2 results were primarily influenced by aluminum prices, rather than internal cost controls, due to higher raw-material inflation and operating costs. This reinforces the investment narrative that external commodity prices are the main earnings driver and risk for the company, with the Mt. Holly ramp-up expected to amplify the impact of price swings. Investors are advised to consider this increased reliance on external factors over operational execution when evaluating the company's future.
Century Aluminum to Report Q2 Earnings: Here's What to Expect
Century Aluminum Company (CENX) is set to report its second-quarter 2026 earnings on August 6th. The consensus earnings estimate has decreased by 1.6% to $2.40 per share, and the company has missed estimates in the past four quarters. Despite a favorable aluminum pricing environment, concerns remain regarding high input costs, elevated operating expenses, and reliance on commodity prices for earnings growth.
Exploring US Undiscovered Gems This August 2026
This article identifies top undiscovered US stocks with strong fundamentals in August 2026, highlighting companies like Northeast Bank, Century Aluminum, and Daktronics. These companies operate in a robust US market, showing significant growth in earnings and strong financial health. The analysis focuses on their strategic positioning, financial performance, and future growth potential in various sectors.
CENX6126657 Bond Profile — Key Metrics
This article provides a bond profile for Century Aluminum Company's 6.875% bond maturing on August 1, 2032, identified as CENX6126657. It details key metrics such as the issuer, issue date, maturity date, outstanding amount, face value, minimum denomination, and coupon rate. The company, Century Aluminum Co., is described as an aluminum producer operating smelters in the US and Iceland.
Century Aluminum Mt. Holly Expansion: 10% Increase in U.S. Primary Aluminum Output - News and Statistics
Century Aluminum is expanding its Mt. Holly primary aluminum smelter, which is expected to increase total U.S. domestic primary aluminum production by 10% and add over 600 manufacturing jobs. The company attributes this investment to President Donald Trump's trade policies, specifically the raised Section 232 aluminum tariff. This expansion is part of a broader effort to restore domestic manufacturing, with Century Aluminum also planning to build the first new aluminum smelter in the U.S. in nearly 50 years.
Century Aluminum Company Revenue Breakdown – NASDAQ:CENX
Century Aluminum Company (NASDAQ: CENX) generated $2.53 billion USD in revenue last year, with its Aluminum segment contributing the majority at $2.24 billion USD, an increase from $1.88 billion USD the previous year. The United States was the largest geographical contributor, accounting for $1.73 billion USD of the company's revenue.
Century Aluminum (CENX) Could Be 39% Undervalued If Its Growth Narrative Holds
Century Aluminum (CENX) has shown strong longer-term returns despite recent volatility, with its share price at $44.88. A common narrative suggests the stock is 39.4% undervalued, with a fair value of $74 per share, driven by anticipated growth from the Mt. Holly expansion and a new U.S. smelter. However, this valuation depends heavily on continued U.S. tariff support and successful project execution, and its current P/E ratio is higher than peers.
Century Aluminum (CENX) Could Be 39% Undervalued If Its Growth Narrative Holds
Century Aluminum (CENX) has shown strong long-term returns despite recent volatility and is currently trading at $44.88. A key narrative suggests it could be 39.4% undervalued with a fair value of $74 per share, driven by the expansion of Mt. Holly and a new U.S. smelter, increasing domestic production and benefiting from favorable market conditions. However, risks like weakening U.S. tariff support or project delays could impact this valuation.
Century Aluminum's $50M Mt. Holly Expansion Boosts U.S. Primary Aluminum Output by 10% - News and Statistics
Century Aluminum has completed a $50 million expansion at its Mt. Holly smelter in South Carolina, projected to increase U.S. primary aluminum output by 10% and add over 600 jobs. This initiative, supported by federal trade policies, aims to strengthen domestic aluminum production. The company is set to release its Q2 2026 financial results on August 6, 2026.
Century Aluminum expands production at Mt Holly in Goose Creek
Century Aluminum, the largest primary aluminum producer in the U.S., is expanding production at its Mt. Holly smelter in Goose Creek, South Carolina. This expansion will increase domestic primary aluminum production by 10% and add over 600 jobs, with officials crediting Trump administration tariffs for the growth. Company and state leaders emphasize the need for technical education and workforce development to fill these high-paying manufacturing positions.
Century Aluminum expands production at Mt Holly in Goose Creek
Century Aluminum is expanding production at its Mt. Holly smelter in Goose Creek, South Carolina, which is expected to increase domestic primary aluminum production by 10% and create over 600 jobs. The expansion is partially attributed to increased tariffs on imported aluminum and steel. Company and state officials emphasized the importance of workforce development and technical education to prepare South Carolinians for these manufacturing jobs, with the average Mt. Holly employee earning around $125,000 in wages and benefits.
Century Aluminum Sets Date for Second Quarter 2026 Earnings Announcement
Century Aluminum Company (NASDAQ: CENX) is scheduled to report its second-quarter 2026 earnings on Thursday, August 6, 2026, after market close. The company will also host a conference call and live webcast at 5:00 p.m. Eastern time on the same day to discuss the results. A replay of the webcast will be available shortly after the live event.
SC aluminum plant, 1 of 4 left in the US, is back at 100%
Century Aluminum's Berkeley County smelter has returned to full capacity after a $50 million investment, marking a significant revival for one of the last four aluminum plants in the U.S. This comeback is attributed to "America-first trade policies" and the "232" tariffs on imported materials, according to U.S. Commerce Secretary Howard Lutnick. The restart has created over 125 local jobs and increased the nation's total aluminum output by about 10 percent.
Century Aluminum celebrates Mt. Holly expansion
Century Aluminum celebrated the $50 million expansion of its Mt. Holly plant in South Carolina, aiming to boost domestic primary aluminum production by 10% and increase its workforce. The company attributed this growth to President Trump's Section 232 tariff. Century Aluminum also announced a future project with Emirates Global Aluminium (EGA) for a new smelter in Oklahoma, expected to double US aluminum production and create thousands of jobs.
Century Aluminum Expands Goose Creek Smelter
Century Aluminum's Mount Holly Plant in Goose Creek, SC, announced a major $50 million expansion to increase domestic aluminum production by 10%. This investment is expected to create 4,000 construction jobs and 650 full-capacity plant jobs, bolstering local employment and national security by reducing reliance on foreign supply chains. Federal and state officials, including U.S. Commerce Secretary Howard Lutnick and South Carolina Attorney General Alan Wilson, highlighted the importance of a strong domestic aluminum industry and the positive economic impact on the community.
