ATI (NYSE:ATI) Given New $180.00 Price Target at BTIG Research

ATI (NYSE:ATI) had its price objective boosted by equities research analysts at BTIG Research from $165.00 to $180.00 in a report issued on Friday,Benzinga reports. The firm currently has a “buy” rating on the basic materials company’s stock. BTIG Research’s price objective points to a potential upside of 15.66% from the company’s current price.

Other equities analysts have also recently issued reports about the company. Zacks Research cut ATI from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 7th. Wall Street Zen cut ATI from a “buy” rating to a “hold” rating in a report on Sunday, February 15th. JPMorgan Chase & Co. boosted their price target on ATI from $135.00 to $150.00 and gave the stock an “overweight” rating in a report on Wednesday, February 4th. Susquehanna boosted their price target on ATI from $155.00 to $185.00 and gave the stock a “positive” rating in a report on Friday, April 10th. Finally, Wells Fargo & Company began coverage on ATI in a report on Wednesday, April 1st. They issued an “overweight” rating and a $175.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $154.75.

ATI Stock Performance

NYSE ATI opened at $155.63 on Friday. ATI has a fifty-two week low of $57.27 and a fifty-two week high of $168.14. The stock has a market cap of $21.24 billion, a price-to-earnings ratio of 54.80, a price-to-earnings-growth ratio of 1.45 and a beta of 1.00. The business has a fifty day moving average of $153.50 and a 200-day moving average of $125.57. The company has a quick ratio of 1.27, a current ratio of 2.66 and a debt-to-equity ratio of 0.90.

ATI (NYSE:ATI) last released its quarterly earnings results on Thursday, April 30th. The basic materials company reported $1.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.12. ATI had a return on equity of 24.26% and a net margin of 8.81%.The company had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.19 billion. During the same period in the previous year, the firm posted $0.72 earnings per share. The business’s revenue for the quarter was up .6% compared to the same quarter last year. ATI has set its Q2 2026 guidance at 0.980-1.040 EPS and its FY 2026 guidance at 4.200-4.480 EPS. As a group, analysts predict that ATI will post 4.18 earnings per share for the current fiscal year.

ATI declared that its board has approved a stock buyback plan on Thursday, February 19th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the basic materials company to purchase up to 2.5% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its stock is undervalued.

Insider Buying and Selling

In related news, Director David J. Morehouse sold 6,609 shares of the company’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $154.25, for a total value of $1,019,438.25. Following the completion of the transaction, the director directly owned 38,168 shares in the company, valued at approximately $5,887,414. This represents a 14.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.98% of the company’s stock.

Institutional Investors Weigh In On ATI

Several institutional investors and hedge funds have recently added to or reduced their stakes in ATI. Royal Bank of Canada increased its stake in ATI by 8.1% during the first quarter. Royal Bank of Canada now owns 60,369 shares of the basic materials company’s stock worth $3,140,000 after acquiring an additional 4,542 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in ATI by 49.4% during the first quarter. Goldman Sachs Group Inc. now owns 633,948 shares of the basic materials company’s stock worth $32,984,000 after acquiring an additional 209,480 shares during the last quarter. Cetera Investment Advisers acquired a new stake in ATI during the second quarter worth about $324,000. M&T Bank Corp acquired a new stake in ATI during the second quarter worth about $317,000. Finally, First Trust Advisors LP increased its stake in ATI by 4.9% during the second quarter. First Trust Advisors LP now owns 197,214 shares of the basic materials company’s stock worth $17,028,000 after acquiring an additional 9,234 shares during the last quarter.

Key ATI News

Here are the key news stories impacting ATI this week:

• Positive Sentiment: Q1 adjusted EPS beat expectations ($1.00 vs. $0.88 est.) with GAAP and adjusted earnings up strongly year-over-year; adjusted EBITDA margin expanded to 20.1% (up ~310 bps), supporting the rally. ATI Announces First Quarter 2026 Results
• Positive Sentiment: Management raised full-year adjusted earnings and cash‑flow guidance and called out aerospace demand as a driver of margin-led EPS growth — a clear positive for forward expectations. ATI Announces First Quarter 2026 Results
• Positive Sentiment: Company gave an adjusted EBITDA outlook ($1.01B–$1.06B) and said backlog reached ~$4.1B, signaling demand stability and multi-quarter revenue visibility. ATI outlines $1.01B-$1.06B adjusted EBITDA outlook as backlog reaches $4.1B
• Positive Sentiment: Operating cash flow improved notably (up ~$221M y/y), supporting balance-sheet flexibility and the higher guidance. ATI Announces First Quarter 2026 Results
• Neutral Sentiment: Revenue was slightly light vs. consensus ($1.15B reported vs. $1.19B est.), growing only ~0.6% y/y — suggests earnings beat was driven more by margin/cost leverage than topline acceleration. ATI (ATI) Q1 2026 Earnings Report
• Neutral Sentiment: Q2 guidance (0.98–1.04) and FY EPS range (4.20–4.48) are generally in line with Street expectations (consensus ~4.21), leaving upside tied to margin continuation and execution. ATI (ATI) Q1 Earnings Surpass Estimates
• Negative Sentiment: Pre-earnings profit-taking and a short-term pullback occurred, and recent insider selling has been notable — both can add volatility despite the strong quarter. ATI slides 5% as traders de-risk ahead of earnings amid broader metals/industrials weakness
• Neutral Sentiment: Wall Street reaction is constructive overall (multiple buy/overweight ratings and price targets above current levels), but near-term moves will track margin sustainability and aerospace orders. How Investors Are Reacting To ATI (ATI) Profit Growth Outpacing Flat Revenue In Q1 2026

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.