ATI (NYSE:ATI) Stock Price Expected to Rise, Susquehanna Analyst Says

ATI (NYSE:ATI) had its target price boosted by investment analysts at Susquehanna from $155.00 to $185.00 in a research report issued to clients and investors on Friday, MarketBeat.com reports. The firm currently has a “positive” rating on the basic materials company’s stock. Susquehanna’s price objective would suggest a potential upside of 14.16% from the stock’s previous close.

A number of other analysts have also weighed in on ATI. Wells Fargo & Company began coverage on shares of ATI in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $175.00 target price on the stock. Alembic Global Advisors began coverage on shares of ATI in a research report on Thursday, January 15th. They issued an “overweight” rating and a $141.00 target price on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $150.00 target price on shares of ATI in a research report on Wednesday, February 4th. JPMorgan Chase & Co. raised their target price on shares of ATI from $135.00 to $150.00 and gave the company an “overweight” rating in a research report on Wednesday, February 4th. Finally, Wall Street Zen lowered shares of ATI from a “buy” rating to a “hold” rating in a research report on Sunday, February 15th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $144.89.

ATI Stock Performance

NYSE ATI opened at $162.06 on Friday. The company has a current ratio of 2.66, a quick ratio of 1.27 and a debt-to-equity ratio of 0.90. The firm has a market capitalization of $22.11 billion, a price-to-earnings ratio of 57.06, a P/E/G ratio of 1.60 and a beta of 1.00. The firm’s 50 day simple moving average is $148.12 and its 200 day simple moving average is $118.50. ATI has a 1 year low of $43.96 and a 1 year high of $168.14.

ATI (NYSE:ATI) last posted its quarterly earnings results on Tuesday, February 3rd. The basic materials company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.04. ATI had a net margin of 8.81% and a return on equity of 24.26%. The business had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.18 billion. During the same quarter last year, the business posted $0.79 EPS. The firm’s revenue for the quarter was up .4% on a year-over-year basis. ATI has set its FY 2026 guidance at 3.990-4.270 EPS and its Q1 2026 guidance at 0.830-0.890 EPS. As a group, research analysts expect that ATI will post 2.89 earnings per share for the current fiscal year.

ATI declared that its Board of Directors has approved a share repurchase program on Thursday, February 19th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the basic materials company to reacquire up to 2.5% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its shares are undervalued.

Insider Activity at ATI

In other news, Director David J. Morehouse sold 6,609 shares of ATI stock in a transaction on Monday, March 9th. The shares were sold at an average price of $154.25, for a total transaction of $1,019,438.25. Following the transaction, the director owned 38,168 shares in the company, valued at approximately $5,887,414. The trade was a 14.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On ATI

Hedge funds have recently modified their holdings of the business. True Wealth Design LLC lifted its holdings in shares of ATI by 642.9% during the fourth quarter. True Wealth Design LLC now owns 260 shares of the basic materials company’s stock worth $30,000 after purchasing an additional 225 shares during the period. Prestige Wealth Management Group LLC acquired a new position in shares of ATI during the third quarter worth $34,000. Meeder Asset Management Inc. lifted its holdings in shares of ATI by 2,010.0% during the third quarter. Meeder Asset Management Inc. now owns 422 shares of the basic materials company’s stock worth $34,000 after purchasing an additional 402 shares during the period. Torren Management LLC acquired a new position in shares of ATI during the fourth quarter worth $52,000. Finally, Allworth Financial LP lifted its holdings in shares of ATI by 50.8% during the third quarter. Allworth Financial LP now owns 534 shares of the basic materials company’s stock worth $43,000 after purchasing an additional 180 shares during the period.

Key Stories Impacting ATI

Here are the key news stories impacting ATI this week:

• Positive Sentiment: Zacks upgraded ATI to a Zacks Rank #2 (Buy), citing improved earnings prospects that could support further upside. All You Need to Know About ATI (ATI) Rating Upgrade to Buy
• Positive Sentiment: Susquehanna raised its price target from $155 to $185 and gave a “positive” rating, representing meaningful upside to current levels and reinforcing the buy-side momentum. Susquehanna raises target to $185 (Benzinga)
• Positive Sentiment: Wells Fargo and KeyBanc published bullish notes on ATI, adding institutional support to the stock’s outlook and likely contributing to buying interest. Wells Fargo and KeyBanc Bullish on ATI
• Positive Sentiment: KeyCorp raised its price target from $140 to $167 and set an “overweight” rating, reinforcing the analyst-driven catalyst set. KeyCorp price-target raise to $167 (Benzinga)
• Neutral Sentiment: Zacks published a sector-compare piece assessing whether ATI is outperforming other aerospace names, providing context but not a direct buy/sell trigger. Is ATI INC (ATI) Outperforming Other Aerospace Stocks This Year?
• Neutral Sentiment: A Zacks note highlighted that ATI recently outpaced market returns (a factual performance update that supports momentum narratives but is backward-looking). ATI (ATI) Exceeds Market Returns: Some Facts to Consider
• Negative Sentiment: Counterbalancing the bullish notes, Zacks downgraded ATI from “strong-buy” to “hold,” which could cap upside if other investors follow suit. Zacks downgrade to Hold

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.