CENX

In Q1 2026, Century Aluminum reported mixed results, beating adjusted EPS estimates but missing GAAP EPS expectations, while exceeding revenue estimates and providing strong Q2 adjusted EBITDA guidance. Net income was boosted by the sale of the Hawesville smelter and an insurance gain in Iceland. Production expanded at the Mt. Holly smelter and resumed at the Norðurál smelter. A joint development agreement was announced to build a new smelter in Oklahoma. Analyst coverage included updated ratings and price targets. Company insiders were net sellers of CENX stock. Analysis indicated margin compression and questions about valuation. Aluminum prices dropped due to rising production in China and expected seasonal decline in demand.