Brokerages Set ATI Inc. (NYSE:ATI) Price Target at $187.62

Shares of ATI Inc. (NYSE:ATIGet Free Report) have been assigned a consensus recommendation of “Buy” from the ten research firms that are covering the firm, MarketBeat Ratings reports. Eight research analysts have rated the stock with a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $205.1250.

Several research firms have recently issued reports on ATI. TD Cowen raised their price target on shares of ATI from $170.00 to $210.00 and gave the company a “buy” rating in a research note on Monday, July 13th. BTIG Research increased their price objective on ATI from $180.00 to $270.00 and gave the company a “buy” rating in a report on Friday. KeyCorp raised their target price on ATI from $175.00 to $211.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 30th. JPMorgan Chase & Co. lifted their target price on ATI from $150.00 to $175.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $194.00 price target on shares of ATI in a research report on Friday, May 1st.

Check Out Our Latest Stock Analysis on ATI

ATI Stock Performance

NYSE ATI opened at $228.15 on Friday. The firm’s fifty day moving average price is $192.40 and its two-hundred day moving average price is $164.75. The stock has a market cap of $31.14 billion, a PE ratio of 66.91, a PEG ratio of 1.62 and a beta of 0.98. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.14 and a current ratio of 2.33. ATI has a fifty-two week low of $70.42 and a fifty-two week high of $236.98.

ATI (NYSE:ATIGet Free Report) last released its quarterly earnings data on Thursday, August 6th. The basic materials company reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.20. The company had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.22 billion. ATI had a return on equity of 29.27% and a net margin of 10.09%.The firm’s revenue was up 10.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.74 earnings per share. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. On average, equities analysts expect that ATI will post 5.04 EPS for the current fiscal year.

Insiders Place Their Bets

In other ATI news, CEO Kimberly A. Fields sold 31,757 shares of the firm’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $190.99, for a total transaction of $6,065,269.43. Following the completion of the transaction, the chief executive officer owned 125,564 shares in the company, valued at approximately $23,981,468.36. This trade represents a 20.19% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Over the last three months, insiders have sold 152,199 shares of company stock worth $28,232,700. Corporate insiders own 0.98% of the company’s stock.

Hedge Funds Weigh In On ATI

Several hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of ATI in the 2nd quarter valued at about $3,687,529,000. Norges Bank acquired a new stake in ATI during the fourth quarter worth approximately $198,787,000. SG Americas Securities LLC grew its stake in ATI by 1,471.8% during the first quarter. SG Americas Securities LLC now owns 1,075,368 shares of the basic materials company’s stock worth $156,423,000 after purchasing an additional 1,006,951 shares during the period. AQR Capital Management LLC increased its holdings in ATI by 684.9% in the fourth quarter. AQR Capital Management LLC now owns 1,019,840 shares of the basic materials company’s stock worth $117,037,000 after purchasing an additional 889,912 shares in the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in ATI in the second quarter worth approximately $168,996,000.

ATI News Summary

Here are the key news stories impacting ATI this week:

  • Positive Sentiment: Quarterly results exceeded expectations: ATI reported adjusted EPS of $1.23 versus the $1.03 consensus estimate, while revenue rose 11% year over year to $1.26 billion. GAAP EPS increased 56% to $1.09, and net income rose 50% to $151 million. ATI Announces Second Quarter 2026 Results
  • Positive Sentiment: Profitability is expanding: Adjusted EBITDA climbed 37% to $284 million, with the margin expanding to 22.6% from 18.2% a year earlier. Aerospace and defense sales increased 13%, supporting demand for ATI’s advanced materials. ATI Q2 Earnings Call Highlights
  • Positive Sentiment: Raised outlook and strong backlog: ATI increased its full-year 2026 adjusted EPS guidance to $4.90-$5.18 from $4.20-$4.48 and forecast third-quarter EPS of $1.31-$1.37, above the $1.12 consensus. Management also cited a record $4.4 billion backlog and stronger second-half growth as its HPMC business ramps. ATI Raises 2026 Outlook
  • Positive Sentiment: Analysts raised price targets: Susquehanna lifted its target to $265 and assigned a positive rating, while BTIG raised its target to $270 and upgraded ATI to Buy. The revisions reinforce optimism about sustained aerospace, defense and margin growth.
  • Neutral Sentiment: ATI is trading near its 52-week high and at a comparatively elevated valuation, with a reported P/E ratio above 75, which may increase sensitivity to any earnings or guidance disappointment.
  • Negative Sentiment: Insider-trading data shows 26 open-market sales and no purchases during the past six months, including sales by senior executives. This may temper sentiment, although the transactions have not offset the positive earnings reaction.

ATI Company Profile

(Get Free Report)

Allegheny Technologies Incorporated (ATI) is a global manufacturer of specialty materials and complex components, serving aerospace, defense, oil and gas, chemical processing, medical and other industrial end markets. The company operates through two main segments: High Performance Materials & Components, which produces titanium and nickel-based alloys, stainless and specialty steels, and precision forgings; and Flat-Rolled Products, which supplies stainless steel, nickel and specialty alloy sheet, strip and precision-rolled plate.

Recommended Stories

Analyst Recommendations for ATI (NYSE:ATI)

Receive News & Ratings for ATI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ATI and related companies with MarketBeat.com's FREE daily email newsletter.