ATI Inc. (NYSE:ATI) Receives Average Rating of "Buy" from Analysts

Key Points

• Analysts remain bullish on ATI: All 10 analysts rate the stock Buy or Strong Buy, with an average 12-month price target of $232. Several firms recently raised their targets, including Susquehanna to $265 and Wells Fargo to $275.
• Quarterly results exceeded expectations: ATI reported earnings of $1.23 per share versus the $1.03 consensus estimate, while revenue reached $1.26 billion, up 10.6% year over year. Management guided for third-quarter 2026 EPS of $1.31–$1.37.
• Shares have pulled back but remain near highs: ATI opened at $204.29 after a 3.1% decline, compared with a 52-week range of $74.45 to $243.57. CEO Kimberly A. Fields sold 40,000 shares, and insiders have sold about $23.3 million in stock over the past 90 days.

Shares of ATI Inc. (NYSE:ATI - Get Free Report) have been assigned an average rating of "Buy" from the ten ratings firms that are covering the company, MarketBeat reports. Nine investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $232.00.

A number of brokerages have recently commented on ATI. Wall Street Zen raised shares of ATI from a "hold" rating to a "buy" rating in a report on Saturday, August 8th. Weiss Ratings upgraded shares of ATI from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, July 9th. Susquehanna raised their price objective on shares of ATI from $215.00 to $265.00 and gave the stock a "positive" rating in a research report on Friday, August 7th. Wells Fargo & Company restated an "overweight" rating and issued a $275.00 price objective on shares of ATI in a research note on Monday, August 10th. Finally, KeyCorp upped their target price on shares of ATI from $211.00 to $258.00 and gave the company an "overweight" rating in a report on Wednesday, August 12th.

ATI Trading Down 3.1%

NYSE:ATI opened at $204.29 on Tuesday. The company has a market capitalization of $27.82 billion, a PE ratio of 59.91, a P/E/G ratio of 1.27 and a beta of 0.98. ATI has a 52-week low of $74.45 and a 52-week high of $243.57. The stock's 50 day moving average price is $201.65 and its 200 day moving average price is $175.20. The company has a quick ratio of 1.14, a current ratio of 2.33 and a debt-to-equity ratio of 0.91.

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 for the quarter, beating 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 29.27% and a net margin of 10.09%.The firm's revenue for the quarter was up 10.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $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. On average, research analysts anticipate that ATI will post 5.15 EPS for the current year.

Insider Transactions at ATI

In related news, CEO Kimberly A. Fields sold 40,000 shares of the business's stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $182.91, for a total value of $7,316,400.00. Following the transaction, the chief executive officer owned 157,321 shares in the company, valued at $28,775,584.11. The trade was a 20.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In the last 90 days, insiders sold 117,295 shares of company stock valued at $23,277,362. Insiders own 0.98% of the company's stock.

Institutional Trading of ATI

A number of hedge funds have recently added to or reduced their stakes in ATI. California State Teachers Retirement System increased its holdings in shares of ATI by 19,689.8% in the second quarter. California State Teachers Retirement System now owns 31,220,640 shares of the basic materials company's stock valued at $6,153,588,000 after purchasing an additional 31,062,879 shares during the period. BlackRock Inc. acquired a new stake in shares of ATI during the second quarter worth $3,687,529,000. Bank of America Corp DE acquired a new stake in shares of ATI during the second quarter worth $348,285,000. Norges Bank purchased a new position in ATI in the 4th quarter valued at $198,787,000. Finally, SG Americas Securities LLC grew its position in ATI by 1,471.8% in the 1st quarter. SG Americas Securities LLC now owns 1,075,368 shares of the basic materials company's stock valued at $156,423,000 after buying an additional 1,006,951 shares during the last quarter.

ATI Company Profile

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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