ATI Inc. (NYSE:ATI) Stock Has Consensus Price Target of $223.88 According to Brokerages

Shares of ATI Inc. (NYSE:ATI) have earned an average recommendation of “Buy” from the ten research firms that are presently covering the firm, Marketbeat Ratings reports. Nine analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $223.88.

A number of research firms have commented on ATI. Susquehanna boosted their price objective on ATI from $215.00 to $265.00 and gave the stock a “positive” rating in a research note on Friday, August 7th. TD Cowen boosted their target price on 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 research report on Saturday, August 8th. Wells Fargo & Company dropped their price target on shares of ATI from $275.00 to $240.00 and set an “overweight” rating for the company in a research note on Wednesday, September 30th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $262.00 target price on shares of ATI in a research report on Monday, August 10th.

Insider Buying and Selling at ATI

In other ATI news, Director David J. Morehouse sold 2,485 shares of ATI 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 directly owned 35,826 shares of the company’s stock, valued at $7,222,879.86. The trade was a 6.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Kimberly A. Fields sold 24,845 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $231.19, for a total value of $5,743,915.55. Following the transaction, the chief executive officer owned 100,719 shares in the company, valued at approximately $23,285,225.61. This trade represents a 19.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 85,830 shares of company stock worth $18,046,361. Corporate insiders own 0.98% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. BlackRock Inc. bought a new position in ATI in the 2nd quarter valued at approximately $3,687,529,000. Bank of America Corp DE acquired a new stake in ATI during the 2nd quarter valued at approximately $348,285,000. Arrowstreet Capital Limited Partnership raised its holdings in ATI by 231.4% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,203,726 shares of the basic materials company’s stock worth $175,094,000 after purchasing an additional 840,455 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in shares of ATI in the 2nd quarter valued at $168,996,000. Finally, Artemis Investment Management LLP increased its position in shares of ATI by 1.5% during the third quarter. Artemis Investment Management LLP now owns 854,431 shares of the basic materials company’s stock worth $161,829,000 after buying an additional 12,938 shares during the period.

ATI Stock Performance

NYSE ATI opened at $166.19 on Wednesday. The stock’s 50-day moving average is $193.34 and its two-hundred day moving average is $172.28. ATI has a fifty-two week low of $93.11 and a fifty-two week high of $243.57.

ATI (NYSE:ATI) last posted its quarterly earnings data on Thursday, August 6th. The basic materials company reported $1.23 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.20. The business had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the previous year, the firm posted $0.74 earnings per share. The company’s revenue for the quarter was up 10.6% on a year-over-year basis. 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 5.13 EPS for the current fiscal year.

About ATI

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.