ATI (NYSE:ATI) Price Target Raised to $175.00 at JPMorgan Chase & Co.
by Jessica Moore · The Cerbat GemATI (NYSE:ATI – Free Report) had its target price upped by JPMorgan Chase & Co. from $150.00 to $175.00 in a report released on Friday,Benzinga reports. The brokerage currently has an overweight rating on the basic materials company’s stock.
Other analysts have also recently issued reports about the company. KeyCorp upped their target price on ATI from $140.00 to $167.00 and gave the company an “overweight” rating in a report on Thursday, April 9th. Susquehanna upped their target price on ATI from $155.00 to $185.00 and gave the company a “positive” rating in a report on Friday, April 10th. BTIG Research upped their target price on ATI from $165.00 to $180.00 and gave the company a “buy” rating in a report on Friday. Wells Fargo & Company assumed coverage on ATI in a report on Wednesday, April 1st. They issued an “overweight” rating and a $175.00 target price for the company. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $194.00 target price on shares of ATI in a report on Friday. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $163.38.
Check Out Our Latest Stock Analysis on ATI
ATI Trading Down 0.1%
NYSE:ATI traded down $0.21 during trading hours on Friday, hitting $155.25. The company had a trading volume of 1,465,305 shares, compared to its average volume of 1,644,797. The company has a current ratio of 2.67, a quick ratio of 1.27 and a debt-to-equity ratio of 0.95. The company has a 50-day moving average of $153.50 and a 200 day moving average of $125.57. The company has a market cap of $21.19 billion, a P/E ratio of 54.66, a P/E/G ratio of 1.53 and a beta of 0.94. ATI has a 1 year low of $62.41 and a 1 year high of $168.14.
ATI (NYSE:ATI – Get Free Report) last issued its earnings results on Thursday, April 30th. The basic materials company reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.12. The company had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.19 billion. ATI had a return on equity of 26.44% and a net margin of 9.26%.The firm’s quarterly revenue was up .6% on a year-over-year basis. During the same period in the prior year, the business earned $0.72 EPS. ATI has set its Q2 2026 guidance at 0.980-1.040 EPS and its FY 2026 guidance at 4.200-4.480 EPS. Sell-side analysts expect that ATI will post 4.22 earnings per share for the current year.
ATI declared that its board has authorized a share repurchase program on Thursday, February 19th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the basic materials company to purchase up to 2.5% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s management believes its stock is undervalued.
Insider Buying and Selling at ATI
In other news, Director David J. Morehouse sold 6,609 shares of the stock in a transaction on 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 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 position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.98% of the company’s stock.
Hedge Funds Weigh In On ATI
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Lido Advisors LLC boosted its holdings in ATI by 2.7% during the 3rd quarter. Lido Advisors LLC now owns 3,784 shares of the basic materials company’s stock valued at $308,000 after acquiring an additional 101 shares during the period. Sequoia Financial Advisors LLC boosted its holdings in ATI by 2.4% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 4,424 shares of the basic materials company’s stock valued at $360,000 after acquiring an additional 102 shares during the period. Smartleaf Asset Management LLC boosted its holdings in ATI by 12.1% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,090 shares of the basic materials company’s stock valued at $86,000 after acquiring an additional 118 shares during the period. Activest Wealth Management boosted its holdings in ATI by 17.6% during the 4th quarter. Activest Wealth Management now owns 834 shares of the basic materials company’s stock valued at $96,000 after acquiring an additional 125 shares during the period. Finally, D.A. Davidson & CO. boosted its holdings in ATI by 2.0% during the 4th quarter. D.A. Davidson & CO. now owns 7,202 shares of the basic materials company’s stock valued at $827,000 after acquiring an additional 140 shares during the period.
ATI News Summary
Here are the key news stories impacting ATI this week:
- Positive Sentiment: Analyst price-target raises — JPMorgan moved its target from $150 to $175 and kept an “overweight” rating, signaling confidence in ATI’s outlook and creating upside for the stock. Benzinga
- Positive Sentiment: Another bullish upgrade — BTIG lifted its target from $165 to $180 and reiterated a “buy” rating, reinforcing buy-side momentum from institutional research. Benzinga The Fly
- Positive Sentiment: Q1 results and margin improvement — ATI reported adjusted EPS of $1.00 (beat) and highlighted margin expansion (adjusted EBITDA margin 20.1%, +310 bps YoY), stronger aerospace demand, and raised full‑year adjusted earnings/cash‑flow guidance. Management also provided an adjusted EBITDA outlook ($1.01B–$1.06B) and backlog of ~$4.1B, which support forward earnings visibility. PR Newswire MSN
- Neutral Sentiment: Call transcripts and market reaction coverage — Investors and analysts are parsing the earnings call and transcripts for color on aerospace demand, pricing, and cost flow; summaries and transcripts are available for deeper read. Seeking Alpha transcript Yahoo – investor reaction
- Negative Sentiment: Revenue slightly missed estimates — Sales of $1.15B came in below the $1.19B consensus, which tempers the beat and could limit upside if investors focus on top-line softness. MarketBeat
- Negative Sentiment: Valuation and expectations risk — ATI’s premium multiple (e.g., elevated P/E) and guidance that’s roughly in line with consensus mean upside depends on continued margin improvements and execution; failure to sustain margins could pressure the stock. Zacks
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.