Research Analysts Set Expectations for ATI FY2026 Earnings

ATI Inc. (NYSE:ATI) – Analysts at KeyCorp issued their FY2026 earnings estimates for shares of ATI in a report released on Thursday, October 29th. KeyCorp analyst S. Mckinney forecasts that the basic materials company will post earnings per share of $5.29 for the year. KeyCorp currently has an “Overweight” rating and a $228.00 price objective on the stock. The consensus estimate for ATI’s current full-year earnings is $5.20 per share. KeyCorp also issued estimates for ATI’s FY2027 earnings at $6.50 EPS.

ATI (NYSE:ATI) last issued its earnings results on Thursday, October 29th. The basic materials company reported $1.46 earnings per share for the quarter, topping the consensus estimate of $1.37 by $0.09. ATI had a return on equity of 32.30% and a net margin of 11.08%. The business had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same period last year, the company posted $0.85 EPS. The business’s quarterly revenue was up 26.5% on a year-over-year basis.

A number of other analysts also recently issued reports on ATI. Weiss Ratings downgraded shares of ATI from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, October 29th. Wells Fargo & Company dropped their price objective on shares of ATI from $275.00 to $240.00 and set an “overweight” rating for the company in a research report on Wednesday, September 30th. TD Cowen upped their price target on shares of ATI from $170.00 to $210.00 and gave the stock a “buy” rating in a research report on Monday, July 13th. Wall Street Zen upgraded ATI from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Finally, BTIG Research cut their price objective on ATI from $270.00 to $250.00 and set a “buy” rating on the stock in a research report on Friday, October 30th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $221.38.

ATI Stock Performance

ATI stock opened at $178.96 on Thursday. The stock’s 50-day moving average is $188.46 and its 200-day moving average is $173.79. The company has a market cap of $24.31 billion, a price-to-earnings ratio of 44.74, a price-to-earnings-growth ratio of 1.06 and a beta of 1.09. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.77 and a quick ratio of 1.27. ATI has a 12 month low of $93.11 and a 12 month high of $243.57.

Institutional Investors Weigh In On ATI

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in ATI in the 2nd quarter valued at about $3,687,529,000. Bank of America Corp DE purchased a new stake in shares of ATI during the second quarter worth about $348,285,000. Arrowstreet Capital Limited Partnership increased its position in shares of ATI by 231.4% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,203,726 shares of the basic materials company’s stock worth $175,094,000 after acquiring an additional 840,455 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its stake in shares of ATI by 71.5% in the third quarter. Allspring Global Investments Holdings LLC now owns 861,151 shares of the basic materials company’s stock worth $164,600,000 after acquiring an additional 359,113 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in ATI in the second quarter valued at about $168,996,000.

Insider Buying and Selling at ATI

In other news, VP Timothy J. Harris sold 9,000 shares of the business’s stock in a transaction on Monday, September 21st. The shares were sold at an average price of $191.82, for a total transaction of $1,726,380.00. Following the transaction, the vice president directly owned 88,187 shares of the company’s stock, valued at approximately $16,916,030.34. The trade was a 9.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director David J. Morehouse sold 2,485 shares of the company’s stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $201.61, for a total transaction of $501,000.85. Following the completion of the transaction, the director owned 35,826 shares of the company’s stock, valued at $7,222,879.86. This trade represents a 6.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 85,830 shares of company stock valued at $18,046,361 over the last 90 days. 0.98% of the stock is owned by corporate insiders.

ATI Company Profile

ATI Inc (NYSE: ATI) is a specialty materials and components manufacturer serving demanding applications in the aerospace and defense, medical, energy, and industrial markets. The company develops and produces materials designed to perform in high-temperature, high-strength, and corrosion-resistant environments.

Its products include nickel-based superalloys, titanium and titanium-based materials, specialty steels, precision-rolled materials, forgings, and other engineered components. These products are used in aircraft engines and airframes, defense systems, medical implants and devices, power-generation equipment, and other industrial applications.

ATI was formed in 1996 through the combination of Allegheny Ludlum Corporation and Teledyne, Inc The company serves customers in the United States and international markets through manufacturing and processing operations across North America and Europe.