Material behavior of AA5754 was investigated under different forming process conditions, including two loading conditions (uniaxial tensile and biaxial bulge), several strain rates (constant strain rates at 0.0013 and 0.013/s, and variable strain rate profiles: increasing and decreasing profiles), and several temperature levels (ambient up to 260 °C). Additional warm hydroforming experiments were conducted using a closed-die set up to understand the forming limits of AA5754. The results from tensile and hydraulic bulge tests as well as closed-die hydroforming experiments suggested that, in general, formability of AA5754 can be significantly improved with slow forming rates (<0.02/s), high forming temperature (>200 °C), and biaxial loading (hydroforming) that can delay strain localization (necking). However, the effect of forming rate did not reveal any significant gain in formability for temperatures below 200 °C. The effect of variable strain rate control was found to be significant only at elevated temperatures (>200 °C), where increasing strain rate resulted in lower formability and decreasing strain rate improved the maximum attainable dome height at temperatures above 200 °C. Finally, the material flow curves obtained from the tensile and bulge tests were shown to provide reasonably accurate predictions for cavity filling ratios (∼ 3–15% error) in finite element analyses.