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Century Aluminum ( (CENX) ) has issued an announcement.
On February 2, 2026, Century Aluminum’s subsidiary Century Aluminum of Kentucky completed the sale of its approximately 750-acre Hawesville, Kentucky site, including related property, to Justified DataPower LLC for $200 million in cash and a 6.8% non-dilutive minority equity stake in Raylan Data Holdings, which plans to develop a high‑performance computing and artificial intelligence data center on the site. The property will be redeveloped by TeraWulf Inc. into a digital infrastructure campus expected to generate substantial construction and permanent skilled jobs and broader economic activity for the Hawesville region, while Century retains a non‑controlling interest that keeps it economically tied to the project’s reuse even as it continues to channel significant capital into expanding its U.S. aluminum production footprint, including projects in South Carolina and Oklahoma.
The most recent analyst rating on (CENX) stock is a Hold with a $47.00 price target. To see the full list of analyst forecasts on Century Aluminum stock, see the CENX Stock Forecast page.
Spark’s Take on CENX Stock
According to Spark, TipRanks’ AI Analyst, CENX is a Neutral.
The score is held back primarily by weak cash flow (negative free cash flow and low cash conversion) and expensive valuation (P/E 50.31). Offsetting these are a strong upward technical trend and a supportive earnings outlook driven by strong aluminum pricing/premiums and Q4 EBITDA guidance, though operational disruption at Grundartangi remains a meaningful risk.
To see Spark’s full report on CENX stock, click here.
More about Century Aluminum
Century Aluminum Company, headquartered in Chicago, is the largest producer of primary aluminum in the United States, operating smelting facilities in the U.S. and Iceland and serving as majority owner and managing partner of the Jamalco alumina refinery in Jamaica, with a strategic focus on expanding domestic production to support U.S. national security needs for critical minerals.
Average Trading Volume: 2,233,539
Technical Sentiment Signal: Buy
Current Market Cap: $4.23B
For an in-depth examination of CENX stock, go to TipRanks’ Overview page.