Century Aluminum (CENX) Stock Overview
Produces primary aluminum and alumina in the United States and Iceland. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 4/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
CENX Community Fair Values
Create NarrativeSee what 45 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Century Aluminum Company Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$44.77 |
| 52 Week High | US$70.43 |
| 52 Week Low | US$20.21 |
| Beta | 1.97 |
| 1 Month Change | 4.04% |
| 3 Month Change | -24.09% |
| 1 Year Change | 118.71% |
| 3 Year Change | 394.42% |
| 5 Year Change | 290.32% |
| Change since IPO | 228.59% |
Recent News & Updates
Seeking Alpha • Jul 28
Century Aluminum: Trading At A Slight Discount And Set To Grow
Summary Century Aluminum (CENX) is rated a buy, supported by strong financials, discounted valuation, and favorable political and market tailwinds. CENX's expansion includes Mount Holly smelter recommissioning and a major Oklahoma joint venture, both poised to boost domestic production and revenue. The company maintains a robust asset-to-liability ratio (1.94x), improved liquidity, and ongoing deleveraging, positioning it for upcoming capital expenditures. Trading at a P/E of 4.58 and EV/EBITDA of 3.84, CENX appears undervalued versus sector peers, with significant upside if aluminum demand and policy support persist. Read the full article on Seeking Alpha
Narrative Update • Jul 24
CENX: TeraWulf Equity Stake And Section 232 Support Future Cash Flows
Analysts have trimmed their price target on Century Aluminum to $74 from $86, citing updated valuation assumptions along with the potential long term value of the company’s 6.8% non dilutive equity stake linked to TeraWulf’s $19 billion, 20 year lease with Anthropic for the Kentucky data center campus. What's in the News for Century Aluminum Century Aluminum publicly supported a U.S. executive order under President Donald Trump that allows approved companies investing in new primary aluminum production in the United States to import a matching volume of primary aluminum at a reduced tariff rate, according to company statements.
Narrative Update • Jul 10
CENX: Kentucky Data Center Stake Will Drive Future Upside Potential
Analysts have updated their price target framework for Century Aluminum, with the fair value estimate moving from $61 to $83. They cited revised assumptions for revenue growth, profit margins, discount rate and future P/E, alongside recent commentary on the company's 6.8% non dilutive equity stake in TeraWulf's Kentucky data center project and related monetization options.Recent updates
Seeking Alpha • Jul 28
Century Aluminum: Trading At A Slight Discount And Set To Grow
Summary Century Aluminum (CENX) is rated a buy, supported by strong financials, discounted valuation, and favorable political and market tailwinds. CENX's expansion includes Mount Holly smelter recommissioning and a major Oklahoma joint venture, both poised to boost domestic production and revenue. The company maintains a robust asset-to-liability ratio (1.94x), improved liquidity, and ongoing deleveraging, positioning it for upcoming capital expenditures. Trading at a P/E of 4.58 and EV/EBITDA of 3.84, CENX appears undervalued versus sector peers, with significant upside if aluminum demand and policy support persist. Read the full article on Seeking AlphaNarrative Update • Jul 24
CENX: TeraWulf Equity Stake And Section 232 Support Future Cash Flows
Analysts have trimmed their price target on Century Aluminum to $74 from $86, citing updated valuation assumptions along with the potential long term value of the company’s 6.8% non dilutive equity stake linked to TeraWulf’s $19 billion, 20 year lease with Anthropic for the Kentucky data center campus. What's in the News for Century Aluminum Century Aluminum publicly supported a U.S. executive order under President Donald Trump that allows approved companies investing in new primary aluminum production in the United States to import a matching volume of primary aluminum at a reduced tariff rate, according to company statements.Narrative Update • Jul 10
CENX: Kentucky Data Center Stake Will Drive Future Upside Potential
Analysts have updated their price target framework for Century Aluminum, with the fair value estimate moving from $61 to $83. They cited revised assumptions for revenue growth, profit margins, discount rate and future P/E, alongside recent commentary on the company's 6.8% non dilutive equity stake in TeraWulf's Kentucky data center project and related monetization options.
Narrative Update • Jun 26
CENX: U.S. Mine To Metal Expansion Will Drive Future Upside Potential
Century Aluminum's analyst price target has been updated from $37 to $67, with analysts pointing to revised assumptions for revenue growth, profit margin, discount rate, and future P/E expectations as key drivers behind the new valuation range. Analyst Commentary Recent research on Century Aluminum highlights a wide range of valuation views, even as headline price targets move higher.Analysis Article • Jun 17
Century Aluminum (CENX) Stock Could Be 33% Undervalued Ahead Of Wells Fargo Conference
Conference appearance puts Century Aluminum in focus Century Aluminum (CENX) is drawing attention ahead of its presentation at the 16th Annual Wells Fargo Industrials & Materials Conference on June 9, where President and CEO Jesse E. Gary is scheduled to speak. For investors watching Century Aluminum stock, the conference offers a chance to hear directly about the company’s primary aluminum operations in the United States and Iceland, its recent financial results, and the way management is...Narrative Update • Jun 06
CENX: Section 232 Tariffs And Power Costs Will Support Future Cash Flows
Narrative Update: Century Aluminum Analysts have lifted their price targets on Century Aluminum by up to $18, citing updated supply and demand work that points to a wider projected aluminum supply deficit in 2026 and ongoing support from high electricity costs that keep alternative power uses, such as data centers, competitive. Analyst Commentary Recent Street research has focused on how a tighter aluminum supply outlook and high electricity costs could feed into Century Aluminum's earnings power and valuation over the next few years.Narrative Update • May 23
CENX: Section 232 Premiums And Supply Shocks Will Support Future Cash Flows
Analysts lifted the Century Aluminum price target by $0.67 to $80.00, citing updated views on aluminum supply and demand, an expected margin profile, and a lower assumed future P/E multiple in their models. Analyst Commentary Recent Street research on Century Aluminum points to a mix of optimism around earnings power and project execution, alongside caution about costs and long term assumptions embedded in current valuations.Narrative Update • Apr 20
CENX: Section 232 Tariffs Will Support Future Cash Flows
Century Aluminum's updated analyst price target has moved from $66 to about $79, with analysts pointing to refreshed views on fair value, revenue growth, profit margins and future P/E assumptions as key drivers of the shift. Analyst Commentary Recent Street research on Century Aluminum clusters around higher price targets and updated views on earnings power, with analysts reworking their models for aluminum pricing, premiums and upcoming capital spending.Narrative Update • Apr 06
CENX: Section 232 Tariffs And Oklahoma Smelter Plans Will Shape Future Cash Flows
Narrative Update: Century Aluminum Analyst Targets Analysts have lifted their average price target on Century Aluminum to $69. They cite updated supply and demand work that points to a wider projected aluminum deficit, firm Midwest Premiums, and potential earnings support from elevated power costs and new smelter plans in Oklahoma.Narrative Update • Mar 22
CENX: Section 232 Tariffs Will Support Future Cash Flows For Oklahoma Project
Century Aluminum's updated fair value estimate of $66, up from $63.33, reflects analysts' higher price targets in the $68 to $69 range as they factor in tighter aluminum supply, firm Midwest premiums, and anticipated EBITDA strength ahead of new smelter investments. Analyst Commentary Recent Street research shows bullish analysts lifting their price targets into the high $60s as they factor in updated aluminum market views and company specific guidance.Narrative Update • Mar 07
CENX: Section 232 Tariffs And Oklahoma Smelter Project Will Drive Future Upside
Narrative Update: Century Aluminum Analyst Price Target Shift The analyst price target for Century Aluminum has moved from about $59 to roughly $63. Analysts point to stronger Q1 adjusted EBITDA guidance of $215 million to $235 million and expectations for solid cash generation supported by elevated Midwest Premiums ahead of new smelter capex in Oklahoma.Narrative Update • Feb 20
CENX: Revised Risk Assumptions And Tariffs Will Shape Bullish Outlook
Analysts have raised their price target on Century Aluminum by $27 to $59, citing updated assumptions on discount rates, margins, and future P/E that refine their view of the stock’s valuation and risk profile. Analyst Commentary Recent commentary around the new US$59 price target focuses less on short term trading moves and more on how updated assumptions about discount rates, margins, and future P/E feed into Century Aluminum’s longer term risk and reward profile.Narrative Update • Feb 05
CENX: Updated Assumptions Around Margins And Risk Will Drive Bullish Outlook
Analysts have raised their price target on Century Aluminum from US$50 to US$59, citing updated assumptions around revenue growth, profit margins, discount rate, and future P/E that they report are reflected in recent research. Analyst Commentary Bullish Takeaways Bullish analysts see the higher US$59 target as better aligned with their updated assumptions on revenue growth, indicating they now model a stronger earnings power for Century Aluminum than in prior research.New Narrative • Jan 29
Bullish View Expects New U.S. Greenfield Smelter To Transform Long Term Outlook
Catalysts About Century Aluminum Century Aluminum produces primary aluminum and related products for customers in the U.S. and Europe. What are the underlying business or industry changes driving this perspective?Analysis Article • Jan 29
Earnings Tell The Story For Century Aluminum Company (NASDAQ:CENX) As Its Stock Soars 26%
Century Aluminum Company ( NASDAQ:CENX ) shares have continued their recent momentum with a 26% gain in the last month...Narrative Update • Jan 21
CENX: Emissions Exemption And Updated Assumptions Will Shape Balanced Return Profile
Analysts have raised their price target on Century Aluminum from US$40 to US$50. They cite updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E, which they believe better reflect the stock's current risk and return profile.Narrative Update • Jan 06
CENX: Emissions Exemption And Operational Disruption Will Shape Balanced Future Prospects
Analysts have revised their price target on Century Aluminum from US$36 to US$40, citing updated assumptions for revenue growth, profit margins, discount rate, and future P/E that result in a higher estimated fair value. What's in the News U.S. President Donald Trump granted a two year compliance exemption from a Biden era rule that had imposed stricter limits on copper smelter emissions, with Century Aluminum mentioned alongside other listed peers in the aluminum space (Reuters).Narrative Update • Dec 14
CENX: Supportive Trade Tariffs Will Drive Future Pricing Power And Upside
Analysts have raised their price target on Century Aluminum to $37 from $36, citing stronger than expected aluminum pricing driven by resilient China demand and the company’s leverage to supportive U.S. trade tariffs. Analyst Commentary Bullish Takeaways Bullish analysts highlight that recent aluminum prices have outpaced prior forecasts, supporting upward revisions to revenue and EBITDA expectations and justifying the higher price target.Narrative Update • Nov 29
CENX: Power Agreement Extension and 50% Tariff Support Will Drive Future Gains
Analysts have reaffirmed Century Aluminum's fair value target at $36.00, citing improving profit margins and favorable aluminum market conditions as key factors that support their outlook. Analyst Commentary Analyst opinions regarding Century Aluminum's prospects reflect a careful balance of optimism about the company’s positioning in the current market environment and caution around certain industry trends.Narrative Update • Nov 15
CENX: Aluminum Price Strength and 50% Tariff Support Will Drive Upside Momentum
Century Aluminum's analyst price target has been increased from $30.67 to $36.00. Analysts point to stronger-than-expected aluminum prices and favorable tariff impacts as key factors behind the upward revision.Narrative Update • Nov 01
CENX: Recent Tariff Expansions And China Demand Will Shape Aluminum Outlook
Analysts have reduced Century Aluminum’s fair value estimate by $1.00 to $30.67 per share, citing shifting aluminum price trends, slightly higher discount rates, and recent research highlighting both supportive tariffs as well as stronger-than-expected demand in China. Analyst Commentary Industry experts have weighed in on Century Aluminum’s outlook, leading to new research coverage and updated valuations.Narrative Update • Oct 18
Mt Holly Restart And US Smelter Will Drive Aluminum Expansion
Analysts have raised their price target for Century Aluminum to $31.67 from $29, citing stronger aluminum prices and improved profit margin forecasts as key drivers for the update. Analyst Commentary Recent research updates on Century Aluminum reflect evolving perspectives on the company’s future, with notable shifts in analyst sentiment following improved market conditions for aluminum and company-specific advantages.Narrative Update • Oct 03
Mt Holly Restart And US Smelter Will Drive Aluminum Expansion
Analysts have raised their price target for Century Aluminum from $27 to $29 per share. They cite improved revenue growth outlook and favorable market updates as key factors behind the revision.Analysis Article • Sep 20
Investors Appear Satisfied With Century Aluminum Company's (NASDAQ:CENX) Prospects As Shares Rocket 26%
Despite an already strong run, Century Aluminum Company ( NASDAQ:CENX ) shares have been powering on, with a gain of...Narrative Update • Sep 10
Mt Holly Restart And US Smelter Will Drive Aluminum Expansion
The upward revision in Century Aluminum's price target reflects stronger fundamentals, with analysts now expecting both higher revenue growth and improved net profit margins, resulting in a new consensus fair value of $27.00. What's in the News Canada is expected to maintain its 25% import tariffs on U.S. steel and aluminum products, which directly impacts Century Aluminum (CENX) (Bloomberg, 2025-08-22).Narrative Update • Aug 08
Mt Holly Restart And US Smelter Will Drive Aluminum Expansion
The upward revision in Century Aluminum’s price target reflects stronger profitability, as evidenced by the notable improvement in net profit margin and a more attractive forward P/E, raising the fair value estimate from $22.50 to $25.50. What's in the News Century Aluminum will restart over 50,000MT of idled production at its Mt. Holly, SC smelter, investing $50 million and creating 100+ new jobs.Analysis Article • Aug 06
The Return Trends At Century Aluminum (NASDAQ:CENX) Look Promising
There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...Analysis Article • Jun 10
Century Aluminum Company (NASDAQ:CENX) Soars 27% But It's A Story Of Risk Vs Reward
Century Aluminum Company ( NASDAQ:CENX ) shares have had a really impressive month, gaining 27% after a shaky period...Analysis Article • May 16
Century Aluminum (NASDAQ:CENX) Has A Somewhat Strained Balance Sheet
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Apr 28
Century Aluminum (NASDAQ:CENX) Is Doing The Right Things To Multiply Its Share Price
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...Seeking Alpha • Apr 24
Century Aluminum's Long-Term Strategy Is Solid But Economic Uncertainty Weighs
Summary Growing US protectionism is validating Century Aluminum's strategy of high domestic US production levels. Century has a solid strategy of vertical and horizontal integration, which includes its Jamalco acquisition and planned new US smelter. The Midwest Premium continues to rise, but macroeconomic concerns and investor caution may impact the stock price. Read the full article on Seeking AlphaAnalysis Article • Mar 10
Century Aluminum (NASDAQ:CENX) Is Posting Healthy Earnings, But It Is Not All Good News
Investors were disappointed with Century Aluminum Company's ( NASDAQ:CENX ) recent earnings release. We did some...Seeking Alpha • Mar 02
Century Aluminum: A Value-Oriented Trump Trade
Summary Trump's tariffs on aluminum are set to transform the earnings power of Century Aluminum, causing a potential tripling of pre-tax profits. After the company's transformation, I believe it is worth $91 per share given the analog of BlueScope Steel. I recommend investors buy CENX stock, given its discount to estimated fair value. Read the full article on Seeking AlphaAnalysis Article • Jan 30
These 4 Measures Indicate That Century Aluminum (NASDAQ:CENX) Is Using Debt Extensively
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Jan 09
Century Aluminum (NASDAQ:CENX) Is Looking To Continue Growing Its Returns On Capital
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...Analysis Article • Nov 27
There's Reason For Concern Over Century Aluminum Company's (NASDAQ:CENX) Massive 31% Price Jump
Century Aluminum Company ( NASDAQ:CENX ) shares have continued their recent momentum with a 31% gain in the last month...Analysis Article • Nov 07
Century Aluminum Company Just Beat EPS By 53%: Here's What Analysts Think Will Happen Next
Shareholders will be ecstatic, with their stake up 25% over the past week following Century Aluminum Company 's...Analysis Article • Oct 31
Century Aluminum (NASDAQ:CENX) Has A Somewhat Strained Balance Sheet
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Oct 13
Century Aluminum Company's (NASDAQ:CENX) 27% Share Price Surge Not Quite Adding Up
Those holding Century Aluminum Company ( NASDAQ:CENX ) shares would be relieved that the share price has rebounded 27...
New Narrative • Sep 14
Green Economy And Debt Reduction Fuel Growth, Yet Shrinking Margins And Market Challenges Loom Ahead
Strategic government actions and a favorable market for aluminum due to electrification and lightweighting trends are expected to positively impact Century Aluminum's revenue.Seeking Alpha • Sep 03
Century Aluminum Remains Sensitive To Highly Competitive Market
Summary Century Aluminum's Q1 net income was driven by a one-time gain, not ongoing profitability, making its current valuation misleading. The company’s operations are highly sensitive to aluminum prices and raw material costs, posing significant risks. Century Aluminum's heavy reliance on a single customer and lack of cash reserves limit its flexibility and growth potential. Despite recent optimism, without a clear catalyst, the stock is overvalued compared to industry peers and is best viewed as a hold. Read the full article on Seeking AlphaShareholder Returns
| CENX | US Metals and Mining | US Market | |
|---|---|---|---|
| 7D | -3.1% | 0.5% | 0.8% |
| 1Y | 118.7% | 56.1% | 19.1% |
Return vs Industry: CENX exceeded the US Metals and Mining industry which returned 56.1% over the past year.
Return vs Market: CENX exceeded the US Market which returned 19.1% over the past year.
Price Volatility
| CENX volatility | |
|---|---|
| CENX Average Weekly Movement | 8.9% |
| Metals and Mining Industry Average Movement | 9.6% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.2% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: CENX has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: CENX's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1995 | 2,906 | Jesse Gary | centuryaluminum.com |
Century Aluminum Company, together with its subsidiaries, produces primary aluminum and alumina in the United States and Iceland. The company engages in the production of standard-grade and value-added primary aluminum products. It also owns and operates a carbon anode production facility in Vlissingen, the Netherlands; and operates aluminum reduction facilities or smelters; and bauxite mining and alumina refining in Jamaica.
Century Aluminum Company Fundamentals Summary
| CENX fundamental statistics | |
|---|---|
| Market cap | US$4.44b |
| Earnings (TTM) | US$349.30m |
| Revenue (TTM) | US$2.54b |
12.7x
P/E Ratio1.7x
P/S RatioIs CENX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CENX income statement (TTM) | |
|---|---|
| Revenue | US$2.54b |
| Cost of Revenue | US$2.23b |
| Gross Profit | US$309.50m |
| Other Expenses | -US$39.80m |
| Earnings | US$349.30m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Aug 06, 2026
| Earnings per share (EPS) | 3.53 |
| Gross Margin | 12.17% |
| Net Profit Margin | 13.73% |
| Debt/Equity Ratio | 42.5% |
How did CENX perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/31 03:59 |
| End of Day Share Price | 2026/07/31 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Century Aluminum Company is covered by 18 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Gagliano | Barclays |
| Paretosh Misra | Berenberg |
| Alexander Robert Pearce | BMO Capital Markets Equity Research |