ATI (NYSE:ATI) Issues Q1 2026 Earnings Guidance

ATI (NYSE:ATI) issued an update on its first quarter 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.830-0.890 for the period, compared to the consensus estimate of 0.860. The company issued revenue guidance of -. ATI also updated its FY 2026 guidance to 3.990-4.270 EPS.

Analysts Set New Price Targets

A number of research analysts have commented on ATI shares. Weiss Ratings restated a “buy (b-)” rating on shares of ATI in a research note on Monday, December 29th. KeyCorp raised their target price on ATI from $120.00 to $132.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 14th. BTIG Research reiterated a “buy” rating and issued a $120.00 price target on shares of ATI in a research report on Wednesday, October 29th. Susquehanna reiterated a “positive” rating and set a $145.00 price objective on shares of ATI in a research note on Thursday, January 15th. Finally, JPMorgan Chase & Co. boosted their target price on shares of ATI from $118.00 to $135.00 and gave the company an “overweight” rating in a research note on Friday, December 19th. Nine investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $117.75.

ATI Price Performance

Shares of ATI stock opened at $121.41 on Tuesday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.18 and a current ratio of 2.50. The stock has a market capitalization of $16.50 billion, a PE ratio of 39.29, a PEG ratio of 1.16 and a beta of 1.02. ATI has a 52 week low of $39.23 and a 52 week high of $127.11. The stock’s fifty day moving average is $114.14 and its 200-day moving average is $94.84.

ATI (NYSE:ATI) last issued its quarterly earnings results on Tuesday, February 3rd. The basic materials company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.04. ATI had a net margin of 9.71% and a return on equity of 23.34%. The business had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.18 billion. ATI has set its FY 2026 guidance at 3.990-4.270 EPS and its Q1 2026 guidance at 0.830-0.890 EPS. Equities research analysts expect that ATI will post 2.89 EPS for the current fiscal year.

Insider Activity

In related news, Chairman Robert S. Wetherbee sold 60,000 shares of the stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $98.34, for a total value of $5,900,400.00. Following the transaction, the chairman directly owned 246,538 shares in the company, valued at $24,244,546.92. This represents a 19.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Timothy J. Harris sold 10,543 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $97.69, for a total transaction of $1,029,945.67. Following the completion of the transaction, the vice president directly owned 119,394 shares in the company, valued at approximately $11,663,599.86. The trade was a 8.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 148,087 shares of company stock valued at $15,131,989 over the last 90 days. 1.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On ATI

Institutional investors have recently made changes to their positions in the stock. BNP Paribas Financial Markets increased its holdings in ATI by 552.7% in the second quarter. BNP Paribas Financial Markets now owns 720,224 shares of the basic materials company’s stock valued at $62,184,000 after purchasing an additional 609,874 shares during the last quarter. Holocene Advisors LP bought a new position in ATI during the 2nd quarter worth approximately $52,217,000. State Street Corp grew its holdings in ATI by 7.4% during the third quarter. State Street Corp now owns 6,042,244 shares of the basic materials company’s stock valued at $491,476,000 after purchasing an additional 415,479 shares during the period. Davidson Kempner Capital Management LP increased its stake in ATI by 307.7% in the third quarter. Davidson Kempner Capital Management LP now owns 530,000 shares of the basic materials company’s stock valued at $43,110,000 after purchasing an additional 400,000 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in ATI by 49.4% in the first quarter. Goldman Sachs Group Inc. now owns 633,948 shares of the basic materials company’s stock worth $32,984,000 after purchasing an additional 209,480 shares during the period.

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.