ATI (ATI) Expected to Announce Earnings on Thursday

Key Points

• ATI is expected to report Q3 2026 results before the market opens on October 29. Analysts forecast earnings of $1.37 per share on $1.32 billion in revenue, versus company guidance of $1.31–$1.37 EPS.
• The company exceeded estimates in its prior quarter, reporting $1.23 EPS and $1.26 billion in revenue, with year-over-year revenue growth of 10.6%.
• ATI has a consensus “Buy” rating and a $223.88 price target, although several analysts recently reduced their targets. Insiders have sold 117,587 shares worth approximately $24.1 million over the past 90 days.

ATI (NYSE:ATI - Get Free Report) is projected to announce its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect the company to announce earnings of $1.37 per share and revenue of $1.32 billion for the quarter. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. Individuals may review the information on the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, October 29, 2026 at 8:30 AM ET.

ATI (NYSE:ATI - Get Free Report) last announced its earnings results on Thursday, August 6th. The basic materials company reported $1.23 EPS for the quarter, topping the consensus estimate 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 net margin of 10.09% and a return on equity of 29.27%. The business's revenue for the quarter was up 10.6% on a year-over-year basis. During the same period last year, the company posted $0.74 earnings per share. On average, analysts expect ATI to post $5.13 EPS for the current fiscal year and $6.39 EPS for the next fiscal year.

ATI Stock Performance

ATI stock opened at $180.18 on Thursday. ATI has a fifty-two week low of $81.34 and a fifty-two week high of $243.57. The firm's 50 day simple moving average is $198.31 and its 200-day simple moving average is $185.96. The company has a debt-to-equity ratio of 0.91, a current ratio of 2.33 and a quick ratio of 1.14. The company has a market cap of $24.54 billion, a P/E ratio of 52.84, a price-to-earnings-growth ratio of 1.09 and a beta of 0.99.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on ATI shares. KeyCorp decreased their price objective on shares of ATI from $258.00 to $228.00 and set an "overweight" rating for the company in a research note on Thursday, October 8th. Wells Fargo & Company cut their target price on shares of ATI from $275.00 to $240.00 and set an "overweight" rating on the stock in a research note on Wednesday, September 30th. Zacks Research upgraded ATI from a "hold" rating to a "strong-buy" rating in a report on Thursday, June 25th. Susquehanna increased their target price on ATI from $215.00 to $265.00 and gave the company a "positive" rating in a report on Friday, August 7th. Finally, Weiss Ratings raised ATI from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Tuesday, October 13th. One analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company. According to MarketBeat, ATI has a consensus rating of "Buy" and a consensus price target of $223.88.

Insider Transactions at ATI

In related news, CEO Kimberly Fields sold 31,757 shares of the stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $190.99, for a total transaction of $6,065,269.43. Following the completion of the sale, the chief executive officer directly 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Timothy Harris sold 16,500 shares of the stock in a transaction on Monday, September 14th. The stock was sold at an average price of $193.06, for a total value of $3,185,490.00. Following the sale, the vice president owned 97,187 shares of the company's stock, valued at approximately $18,762,922.22. This represents a 14.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 117,587 shares of company stock valued at $24,111,631. 0.98% of the stock is owned by insiders.

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.

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