ATI (NYSE:ATI) Rating Increased to Buy at Wall Street Zen

Posted by Brenda Bartman on Aug 9th, 2026

Wall Street Zen upgraded shares of ATI (NYSE:ATI – Free Report) from a hold rating to a buy rating in a research note released on Saturday morning.

Several other brokerages also recently weighed in on ATI. Susquehanna raised their target price on shares of ATI from $215.00 to $265.00 and gave the company a “positive” rating in a research note on Friday. TD Cowen increased their price objective on ATI from $170.00 to $210.00 and gave the company a “buy” rating in a report on Monday, July 13th. JPMorgan Chase & Co. raised their price objective on ATI from $150.00 to $175.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. KeyCorp boosted their target price on ATI from $175.00 to $211.00 and gave the stock an “overweight” rating in a research note on Tuesday, June 30th. Finally, Zacks Research upgraded ATI from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 25th. Two equities research analysts have rated the stock with a Strong Buy rating and eight have issued a Buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $205.12.

Get Our Latest Stock Analysis on ATI

ATI Stock Performance

Shares of ATI stock opened at $228.15 on Friday. The company has a current ratio of 2.33, a quick ratio of 1.17 and a debt-to-equity ratio of 0.91. The stock’s fifty day moving average price is $192.40 and its 200-day moving average price is $164.47. The firm has a market cap of $31.14 billion, a P/E ratio of 66.91, a P/E/G ratio of 1.62 and a beta of 0.98. ATI has a 12 month low of $70.42 and a 12 month high of $236.98.

ATI (NYSE:ATI – Get Free Report) last issued its earnings results on Thursday, August 6th. The basic materials company reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.20. The company had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.22 billion. ATI had a net margin of 10.09% and a return on equity of 29.27%. The firm’s quarterly revenue was up 10.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.74 EPS. 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 research analysts expect that ATI will post 5.04 earnings per share for the current fiscal year.

Insider Activity at ATI

In other news, CEO Kimberly A. Fields sold 31,757 shares of the business’s stock in a transaction 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 sale, the chief executive officer directly owned 125,564 shares of the company’s stock, valued at $23,981,468.36. The trade was a 20.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold 192,199 shares of company stock worth $34,601,100 in the last three months. Insiders own 0.98% of the company’s stock.

Hedge Funds Weigh In On ATI

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ATI. Signature Equity Partners LLC grew its stake in ATI by 208.5% during the 1st quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 123 shares during the last quarter. CoreCap Advisors LLC purchased a new position in shares of ATI in the second quarter worth about $30,000. Torren Management LLC purchased a new position in shares of ATI in the fourth quarter worth about $52,000. Summit Securities Group LLC purchased a new position in shares of ATI in the first quarter worth about $60,000. Finally, Hollencrest Capital Management lifted its holdings in shares of ATI by 283.1% during the first quarter. Hollencrest Capital Management now owns 452 shares of the basic materials company’s stock worth $66,000 after purchasing an additional 334 shares during the period.

More ATI News

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

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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.