ATI Inc. (NYSE:ATI) Given Consensus Rating of "Buy" by Analysts

Key Points

• Analysts remain bullish on ATI: Ten firms give the stock a consensus “Buy” rating, including eight “Buy” and two “Strong Buy” recommendations. The average 12-month price target is $187.63.
• Second-quarter results exceeded expectations: Revenue rose 11% year over year to $1.26 billion, while adjusted EPS of $1.23 surpassed the $1.03 consensus estimate. Adjusted EBITDA increased 37% to $284 million, supported by stronger aerospace and defense demand.
• ATI raised its 2026 outlook, but valuation and insider selling are risks: Management increased adjusted EBITDA guidance to $1.135 billion–$1.185 billion and adjusted EPS guidance to $4.90–$5.18. Shares trade at a high P/E of about 73.7, while executives have reported substantial recent stock sales and no purchases.

ATI Inc. (NYSE:ATI - Get Free Report) has earned an average rating of "Buy" from the ten ratings firms that are presently covering the company, MarketBeat reports. Eight research analysts have rated the stock with a buy rating and two have issued a strong buy rating on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $187.6250.

Several analysts have weighed in on the stock. BTIG Research lifted their price objective on shares of ATI from $165.00 to $180.00 and gave the stock a "buy" rating in a research note on Friday, May 1st. KeyCorp increased their target price on shares of ATI from $175.00 to $211.00 and gave the stock an "overweight" rating in a research report on Tuesday, June 30th. Wall Street Zen cut shares of ATI from a "buy" rating to a "hold" rating in a report on Tuesday, July 28th. Zacks Research upgraded ATI from a "hold" rating to a "strong-buy" rating in a research note on Thursday, June 25th. Finally, 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 note on Friday, May 1st.

Insider Activity

In related news, CEO Kimberly A. Fields sold 31,757 shares of the firm's stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $190.99, for a total value of $6,065,269.43. Following 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last quarter, insiders sold 192,199 shares of company stock worth $34,601,100. Corporate insiders own 0.98% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in ATI. Signature Equity Partners LLC increased its position in ATI by 208.5% during the 1st quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company's stock worth $26,000 after purchasing an additional 123 shares in the last quarter. CoreCap Advisors LLC bought a new stake in shares of ATI in the 2nd quarter valued at $30,000. Torren Management LLC bought a new stake in ATI in the fourth quarter valued at $52,000. Summit Securities Group LLC bought a new stake in ATI in the 1st quarter valued at about $60,000. Finally, Hollencrest Capital Management raised its position 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.

ATI News Roundup

Here are the key news stories impacting ATI this week:

• Positive Sentiment: ATI reported second-quarter sales of $1.26 billion, up 11% year over year, while adjusted EPS of $1.23 exceeded the $1.03 consensus estimate. GAAP EPS rose to $1.09 from $0.70, and net income increased 50% to $151 million. ATI Announces Second Quarter 2026 Results
• Positive Sentiment: Profitability improved materially: adjusted EBITDA increased 37% to $284 million, with the margin expanding to 22.6% from 18.2%. Aerospace and defense sales rose 13%, and backlog reached approximately $4.4 billion, up 18%, reinforcing expectations for continued demand. ATI Q2 2026 Sales Rise 11% to $1.26 Billion
• Positive Sentiment: Management raised full-year 2026 adjusted EBITDA guidance to $1.135 billion-$1.185 billion from $1.010 billion-$1.060 billion and adjusted EPS guidance to $4.90-$5.18 from $4.20-$4.48. Third-quarter adjusted EPS guidance of $1.31-$1.37 also exceeded the $1.12 analyst consensus, while free-cash-flow expectations improved. ATI Targets Higher 2026 EBITDA and Free Cash Flow
• Neutral Sentiment: The stock reached a new 52-week high and trades at a relatively demanding valuation, with a reported P/E ratio above 70. The strong results may justify the premium, but the valuation raises expectations for continued earnings growth. ATI Hits a 52-Week High
• Negative Sentiment: Recent insider activity shows 26 reported open-market sales and no purchases during the past six months, including sales by senior executives. This may be a cautionary signal, although insider sales can also reflect compensation or portfolio diversification.

ATI Price Performance

Shares of ATI opened at $222.57 on Friday. The company's 50-day moving average is $191.35 and its 200-day moving average is $164.02. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.67 and a quick ratio of 1.17. The firm has a market capitalization of $30.37 billion, a PE ratio of 73.70, a PEG ratio of 1.63 and a beta of 0.98. ATI has a fifty-two week low of $70.42 and a fifty-two week high of $236.98.

ATI (NYSE:ATI - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The basic materials company reported $1.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.03 by $0.20. The company had revenue of $1.26 billion during the quarter, compared to analysts' expectations of $1.22 billion. ATI had a return on equity of 26.44% and a net margin of 9.26%.The business's revenue was up 10.6% on a year-over-year basis. During the same quarter in the previous year, the company 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. Equities analysts forecast that ATI will post 4.49 EPS for the current year.

About ATI

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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