Susquehanna Boosts ATI (NYSE:ATI) Price Target to $185.00

Key Points

• Susquehanna raised its price target on ATI to $185 (from $155) and kept a "positive" rating, implying roughly a 15.9% upside and sitting well above the consensus $144.89 target.
• ATI beat Q4 EPS estimates ($0.93 vs. $0.89) and issued FY2026 guidance of $3.99–$4.27 EPS with Q1 guidance of $0.83–$0.89.
• The company's Board authorized a $500 million stock buyback, permitting repurchases of up to about 2.5% of outstanding shares.

ATI (NYSE:ATI - Get Free Report) had its price target hoisted by investment analysts at Susquehanna from $155.00 to $185.00 in a report issued on Friday,Benzinga reports. The brokerage presently has a "positive" rating on the basic materials company's stock. Susquehanna's target price suggests a potential upside of 15.88% from the stock's current price.

Several other research analysts have also recently issued reports on the company. Wall Street Zen cut ATI from a "buy" rating to a "hold" rating in a report on Sunday, February 15th. Zacks Research downgraded ATI from a "strong-buy" rating to a "hold" rating in a report on Tuesday. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $150.00 price target on shares of ATI in a research note on Wednesday, February 4th. JPMorgan Chase & Co. upped their price objective on shares of ATI from $135.00 to $150.00 and gave the company an "overweight" rating in a research note on Wednesday, February 4th. Finally, Weiss Ratings restated a "buy (b-)" rating on shares of ATI in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, ATI has a consensus rating of "Buy" and a consensus price target of $144.89.

ATI Stock Performance

NYSE:ATI opened at $159.65 on Friday. The firm's fifty day simple moving average is $147.28 and its 200 day simple moving average is $117.64. The company has a current ratio of 2.66, a quick ratio of 1.27 and a debt-to-equity ratio of 0.90. The firm has a market capitalization of $21.79 billion, a price-to-earnings ratio of 56.21, a PEG ratio of 1.55 and a beta of 1.00. ATI has a twelve month low of $43.96 and a twelve month high of $168.14.

ATI (NYSE:ATI - Get Free Report) last released its earnings results on Tuesday, February 3rd. The basic materials company reported $0.93 earnings per share for the quarter, topping analysts' consensus estimates of $0.89 by $0.04. ATI had a return on equity of 24.26% and a net margin of 8.81%.The firm had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.18 billion. During the same period in the prior year, the firm posted $0.79 earnings per share. The firm's revenue for the quarter was up .4% compared to the same quarter last year. ATI has set its FY 2026 guidance at 3.990-4.270 EPS and its Q1 2026 guidance at 0.830-0.890 EPS. As a group, equities research analysts expect that ATI will post 2.89 earnings per share for the current fiscal year.

ATI announced that its Board of Directors has initiated a stock buyback program on Thursday, February 19th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the basic materials company to purchase up to 2.5% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its shares are undervalued.

Insiders Place Their Bets

In other news, Director David J. Morehouse sold 6,609 shares of the firm's stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $154.25, for a total transaction of $1,019,438.25. Following the completion of the sale, the director directly owned 38,168 shares of the company's stock, valued at $5,887,414. This trade represents a 14.76% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 1.10% of the stock is currently owned by insiders.

Institutional Investors Weigh In On ATI

Several institutional investors and hedge funds have recently modified their holdings of the business. Hsbc Holdings PLC increased its holdings in shares of ATI by 233.0% during the 4th quarter. Hsbc Holdings PLC now owns 90,781 shares of the basic materials company's stock valued at $10,499,000 after acquiring an additional 63,518 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake in shares of ATI by 42.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 3,224 shares of the basic materials company's stock worth $370,000 after buying an additional 967 shares during the last quarter. World Investment Advisors bought a new stake in shares of ATI during the 4th quarter worth $273,000. Virtu Financial LLC acquired a new position in ATI in the 4th quarter valued at $316,000. Finally, Compound Planning Inc. bought a new position in ATI in the 4th quarter worth $236,000.

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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