Abstract: Provided are an aluminum scandium alloy target and a method of manufacturing the same. The method comprises: preparing metal aluminum and metal scandium with purities of 99.99% or more respectively; mixing the metal aluminum into the metal scandium and smelting through a plurality of cycles to obtain a desired aluminum scandium alloy, in which the metal scandium account for 5-40 wt % and the metal aluminum account for 60-95 wt %; injecting the aluminum scandium alloy into a mold to obtain an aluminum scandium alloy target billet; and mechanically processing the billet to obtain the aluminum scandium alloy target. The method addresses the problems of the prior art in which uniform distributions of ingredients in the target are difficult to achieve, scandium is not uniformly distributed, and the target has a high oxide content, a low compactness, a low alloy purity and are unsuitable for manufacturing a sputter coating.