B. Riley is Bullish on Century Aluminum Company (CENX)

Century Aluminum Company (NASDAQ:CENX) is among the Most Volatile Stocks.

On February 3, 2026, B. Riley lifted Century Aluminum Company (NASDAQ:CENX)’s price objective to $64 from $37 while maintaining a Buy rating following the sale of the Hawesville facility to TeraWulf. B. Riley said that the minority holding could be worth more than $300 million and described the transaction as mutually beneficial.

On January 13, 2026, Wells Fargo elevated Century Aluminum Company (NASDAQ:CENX)’s price objective to $61 from $46 while retaining an Overweight rating. The firm predicted healthy copper and aluminum markets in 2026, noting limited new supply and persistent 50% US tariffs on imported steel and aluminum. It also pointed out demand risks and replacement.

On February 9, 2026, Century Aluminum Company (NASDAQ:CENX) and Emirates Global Aluminium hired Bechtel to do preliminary engineering for a main aluminum facility in Inola, Oklahoma. The project seeks to increase US primary aluminum production, with a final investment decision and development beginning by the end of 2026, creating 1,000 permanent jobs and 4,000 construction jobs.

Century Aluminum Company (NASDAQ:CENX) produces aluminum and operates reduction plants in the United States and Iceland. It produces standard ingots, T-ingot, extrusion billet, horizontal direct chill ingot, molten, slab, and sow.

While we acknowledge the potential of CENX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 20 Best Performing Stocks in 2025 and 12 Best Food Stocks to Buy in 2026.

Disclosure: None.