ATI (NYSE:ATI) Price Target Raised to $265.00

by · The Cerbat Gem

ATI (NYSE:ATI – Get Free Report) had its price objective hoisted by investment analysts at Susquehanna from $215.00 to $265.00 in a note issued to investors on Friday, MarketBeat Ratings reports. The firm presently has a “positive” rating on the basic materials company’s stock. Susquehanna’s price objective would indicate a potential upside of 19.06% from the company’s previous close.

A number of other equities research analysts have also recently weighed in on the company. JPMorgan Chase & Co. boosted their price objective on ATI from $150.00 to $175.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. BTIG Research lifted their price objective on shares of ATI from $180.00 to $270.00 and gave the company a “buy” rating in a research report on Friday. KeyCorp boosted their price objective on shares of ATI from $175.00 to $211.00 and gave the company an “overweight” rating in a research note on Tuesday, June 30th. Zacks Research upgraded shares of ATI from a “hold” rating to a “strong-buy” rating in a research report on Thursday, June 25th. Finally, Weiss Ratings upgraded shares of ATI from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. Two analysts have rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $205.12.

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ATI Trading Up 8.5%

NYSE:ATI opened at $222.57 on Friday. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.17 and a current ratio of 2.67. ATI has a 1 year low of $70.42 and a 1 year high of $236.98. The stock has a market cap of $30.37 billion, a P/E ratio of 73.70, a P/E/G ratio of 1.63 and a beta of 0.98. The stock has a 50-day simple moving average of $191.35 and a 200-day simple moving average of $164.02.

ATI (NYSE:ATI – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The basic materials company reported $1.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.20. ATI had a return on equity of 26.44% and a net margin of 9.26%.The firm had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the prior year, the company posted $0.74 earnings per share. The firm’s quarterly revenue was up 10.6% compared to the same quarter last year. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. As a group, analysts anticipate that ATI will post 4.49 earnings per share for the current fiscal year.

Insider Transactions at ATI

In other ATI news, CEO Kimberly A. Fields sold 59,749 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $179.07, for a total value of $10,699,253.43. Following the completion of the sale, the chief executive officer owned 218,014 shares of the company’s stock, valued at approximately $39,039,766.98. This trade represents a 21.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 192,199 shares of company stock valued at $34,601,100 in the last three months. Corporate insiders own 0.98% of the company’s stock.

Hedge Funds Weigh In On ATI

A number of large investors have recently made changes to their positions in the stock. Signature Equity Partners LLC grew its position in ATI by 208.5% during the first quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock worth $26,000 after buying an additional 123 shares during the period. CoreCap Advisors LLC acquired a new stake in shares of ATI during the 2nd quarter valued at approximately $30,000. Torren Management LLC purchased a new stake in shares of ATI during the 4th quarter worth approximately $52,000. Summit Securities Group LLC purchased a new stake in shares of ATI during the 1st quarter worth approximately $60,000. Finally, Hollencrest Capital Management grew its holdings in shares of ATI by 283.1% in the 1st quarter. Hollencrest Capital Management now owns 452 shares of the basic materials company’s stock worth $66,000 after acquiring 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 second-quarter adjusted EPS of $1.23, above the $1.03 consensus estimate and up from $0.74 a year earlier. Revenue rose 11% to $1.26 billion, ahead of the $1.22 billion expected. GAAP EPS increased 56% year over year to $1.09, while net income rose 50% to $151 million. ATI Announces Second Quarter 2026 Results
  • Positive Sentiment: Profitability improved significantly. Adjusted EBITDA climbed 37% to $284 million, and the margin expanded to 22.6% from 18.2%. Management said aerospace and defense sales increased 13%, while backlog reached $4.4 billion, up 18%, supporting expectations for continued demand. ATI Q2 2026 Sales Rise 11% to $1.26 Billion
  • Positive Sentiment: Full-year guidance was raised substantially. ATI now expects 2026 adjusted EBITDA of $1.135 billion-$1.185 billion, adjusted EPS of $4.90-$5.18 and adjusted free cash flow of approximately $575 million at the midpoint. The prior EPS range was $4.20-$4.48, and the new outlook is above consensus. Third-quarter adjusted EPS guidance of $1.31-$1.37 also exceeds the $1.12 analyst estimate. ATI Targets 2026 EBITDA and Free Cash Flow
  • Neutral Sentiment: Valuation and momentum may increase volatility. ATI is trading near its 52-week high and above its 50-day and 200-day moving averages, but its reported price-to-earnings ratio is elevated at about 74. The median analyst price target cited in recent coverage is $177.50, below the current trading level, although recent ratings remain positive.
  • Negative Sentiment: Insider selling is a cautionary signal. Company insiders reported 26 open-market sales and no purchases over the past six months, including sales by CEO Kimberly A. Fields and Executive Chairman Robert S. Wetherbee. These transactions may reflect personal liquidity needs, but they could temper bullish sentiment.

About ATI

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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.

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