ATI (NYSE:ATI) Issues FY 2026 Earnings Guidance

ATI (NYSE:ATI) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 3.990-4.270 for the period, compared to the consensus EPS estimate of 3.910. The company issued revenue guidance of -. ATI also updated its Q1 2026 guidance to 0.830-0.890 EPS.

ATI Trading Up 5.1%

Shares of NYSE:ATI opened at $127.93 on Wednesday. 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 $17.38 billion, a price-to-earnings ratio of 41.40, a PEG ratio of 1.17 and a beta of 1.02. ATI has a 1-year low of $39.23 and a 1-year high of $137.00. The company has a 50 day moving average price of $114.72 and a 200 day moving average price of $95.08.

ATI (NYSE:ATI) last announced its quarterly earnings data on Tuesday, February 3rd. The basic materials company reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.04. The company had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.18 billion. ATI had a return on equity of 23.34% and a net margin of 9.71%.The company’s quarterly revenue was up .4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.79 EPS. ATI has set its FY 2026 guidance at 3.990-4.270 EPS and its Q1 2026 guidance at 0.830-0.890 EPS. On average, research analysts anticipate that ATI will post 2.89 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. Alembic Global Advisors initiated coverage on ATI in a research report on Thursday, January 15th. They issued an “overweight” rating and a $141.00 price target for the company. BTIG Research lifted their target price on shares of ATI from $120.00 to $165.00 and gave the stock a “buy” rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ATI in a research report on Wednesday. Susquehanna reiterated a “positive” rating and set a $145.00 price objective on shares of ATI in a research report on Thursday, January 15th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of ATI in a report on Monday, December 29th. Ten investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, ATI presently has a consensus rating of “Moderate Buy” and an average target price of $123.38.

Insider Buying and Selling at ATI

In related news, SVP Tina Killough Busch sold 2,598 shares of ATI stock in a transaction on Friday, November 21st. The stock was sold at an average price of $93.26, for a total transaction of $242,289.48. Following the completion of the sale, the senior vice president owned 21,274 shares of the company’s stock, valued at approximately $1,984,013.24. This trade represents a 10.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Timothy J. Harris sold 10,543 shares of the business’s stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $97.69, for a total value of $1,029,945.67. Following the completion of the transaction, the vice president owned 119,394 shares in the company, valued at $11,663,599.86. This trade represents a 8.11% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 148,087 shares of company stock worth $15,131,989. 1.10% of the stock is currently owned by company insiders.

ATI News Roundup

Here are the key news stories impacting ATI this week:

• Positive Sentiment: Q4 earnings beat estimates — adjusted EPS of $0.93 topped consensus and improved from $0.79 a year ago, supporting upside to the stock. ATI (ATI) Tops Q4 Earnings Estimates
• Positive Sentiment: Strong aerospace demand and higher mix of aerospace & defense (≈68% of Q4 sales) drove margin gains and investor confidence in continued aerospace momentum. ATI shares rise over 4% as aerospace demand drives earnings beat
• Positive Sentiment: FY‑2026 guidance raised above consensus — adjusted EPS guidance of $3.99–$4.27 compares favorably to the prior Street estimate (~$3.91), implying continued profit expansion. ATI Announces Fourth Quarter and Fiscal Year 2025 Results
• Positive Sentiment: Cash flow and margins improved — operating cash flow rose to $614M for FY25, adjusted EBITDA and adjusted free cash flow were stronger year over year, supporting balance‑sheet health and buyback/dividend optionality. ATI Announces Fourth Quarter and Fiscal Year 2025 Results
• Neutral Sentiment: Top line largely flat — Q4 revenue of $1.18B was essentially in line with estimates and only +0.4% year‑over‑year, suggesting EPS beat was driven more by margins/portfolio mix than strong revenue growth. MarketBeat: ATI earnings and materials
• Neutral Sentiment: Q1 guidance is essentially in line with consensus — ATI guided Q1 adj. EPS $0.83–$0.89 versus a ~ $0.86 consensus midpoint, indicating steady near‑term outlook but not a material beat. ATI Announces Fourth Quarter and Fiscal Year 2025 Results
• Negative Sentiment: Concentration risk in aerospace & defense (~68% of sales) could amplify downside if aerospace demand softens or defense spending shifts, making ATI more cyclical to that sector. ATI Announces Fourth Quarter and Fiscal Year 2025 Results

Hedge Funds Weigh In On ATI

A number of hedge funds have recently added to or reduced their stakes in ATI. Verition Fund Management LLC grew its position in ATI by 14.1% in the third quarter. Verition Fund Management LLC now owns 45,499 shares of the basic materials company’s stock worth $3,701,000 after acquiring an additional 5,629 shares in the last quarter. Coldstream Capital Management Inc. bought a new stake in ATI in the third quarter worth $335,000. Banco Bilbao Vizcaya Argentaria S.A. boosted its holdings in ATI by 55.5% in the third quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 4,349 shares of the basic materials company’s stock worth $353,000 after purchasing an additional 1,552 shares in the last quarter. Brooklyn Investment Group increased its position in ATI by 158.4% during the third quarter. Brooklyn Investment Group now owns 4,519 shares of the basic materials company’s stock worth $368,000 after buying an additional 2,770 shares during the last quarter. Finally, Tidal Investments LLC bought a new position in ATI during the second quarter valued at about $389,000.

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.