ATI (NYSE:ATI) Updates FY 2026 Earnings Guidance

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

ATI Stock Up 0.9%

Shares of NYSE ATI opened at $121.41 on Tuesday. ATI has a 52-week low of $39.23 and a 52-week high of $127.11. 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 business has a fifty day moving average of $114.14 and a two-hundred day moving average of $94.84. The stock has a market cap of $16.50 billion, a PE ratio of 39.29, a PEG ratio of 1.16 and a beta of 1.02.

ATI (NYSE:ATI) last announced its earnings results on Tuesday, February 3rd. The basic materials company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.89 by $0.04. ATI had a return on equity of 23.34% and a net margin of 9.71%.The business had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same period in the previous year, the business earned $0.79 EPS. ATI’s revenue was up .4% compared to the same quarter last year. 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, equities research analysts expect that ATI will post 2.89 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

ATI has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of ATI in a report on Monday, December 29th. Susquehanna restated a “positive” rating and issued a $145.00 price objective on shares of ATI in a research report on Thursday, January 15th. BTIG Research reiterated a “buy” rating and set a $120.00 target price on shares of ATI in a research report on Wednesday, October 29th. Alembic Global Advisors began coverage on shares of ATI in a report on Thursday, January 15th. They issued an “overweight” rating and a $141.00 price target for the company. Finally, Deutsche Bank Aktiengesellschaft set a $98.00 price objective on shares of ATI in a research report on Wednesday, October 8th. Nine investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, ATI presently has a consensus rating of “Moderate Buy” and an average price target of $117.75.

Insider Buying and Selling at ATI

In related news, Chairman Robert S. Wetherbee sold 60,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $98.34, for a total value of $5,900,400.00. Following the completion of the transaction, the chairman directly owned 246,538 shares in the company, valued at approximately $24,244,546.92. The trade was a 19.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Timothy J. Harris sold 10,543 shares of the company’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 owned 119,394 shares of the company’s stock, 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. Over the last ninety days, insiders sold 148,087 shares of company stock valued at $15,131,989. Company insiders own 1.10% of the company’s stock.

Trending Headlines about ATI

Here are the key news stories impacting ATI this week:

• Positive Sentiment: Q4 EPS beat and solid margins — ATI reported adjusted Q4 EPS of $0.93 vs. Street $0.89 and adjusted EBITDA margin of 19.7%, showing margin improvement that supports higher valuation multiples. ATI Announces Fourth Quarter and Fiscal Year 2025 Results
• Positive Sentiment: FY‑2026 guidance raised above consensus — ATI set adjusted EPS guidance of $3.99–$4.27 for FY‑2026 versus consensus ~$3.91, signaling stronger full‑year profitability expectations. ATI Announces Fourth Quarter and Fiscal Year 2025 Results
• Neutral Sentiment: Q1 guidance roughly in line with estimates — Q1 adjusted EPS guidance of $0.83–$0.89 versus consensus $0.86; range includes consensus but the lower bound leaves room for downside risk. ATI Announces Fourth Quarter and Fiscal Year 2025 Results
• Neutral Sentiment: Strong cash generation — FY‑2025 operating cash flow of $614M and adjusted free cash flow guidance of $430M–$490M support balance‑sheet strength and potential capital returns. ATI Announces Fourth Quarter and Fiscal Year 2025 Results
• Neutral Sentiment: Aerospace & defense concentration — 68% of Q4 sales are to aero/defense, which supports growth while keeping ATI exposed to defense cycle and OEM aircraft demand swings. ATI Announces Fourth Quarter and Fiscal Year 2025 Results
• Neutral Sentiment: Corporate housekeeping — Shareholders approved the PSE exit; procedural change with limited direct operational impact. ATI shareholders OK PSE exit
• Negative Sentiment: GAAP vs. adjusted disparity and matched revenue — GAAP Q4 net income attributable was $97M ($0.69/sh), materially below the adjusted $0.93 figure; revenue only matched estimates, which could temper enthusiasm if investors favor GAAP results. ATI Announces Fourth Quarter and Fiscal Year 2025 Results
• Negative Sentiment: Near‑term margin/test risk — Analyst previews flagged that margin gains must sustain against aerospace demand trends; Q1 guidance lower bound below consensus keeps near‑term performance under scrutiny. ATI Earnings on Deck as Margin Gains Test Aerospace Momentum

Institutional Investors Weigh In On ATI

Several institutional investors have recently bought and sold shares of the company. Royal Bank of Canada grew its stake in shares of ATI by 8.1% during the 1st 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 in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of 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 in the last quarter. Cetera Investment Advisers acquired a new position in ATI during the second quarter worth $324,000. M&T Bank Corp bought a new position in ATI in the second quarter valued at $317,000. Finally, First Trust Advisors LP increased its stake in ATI by 4.9% in the 2nd quarter. First Trust Advisors LP now owns 197,214 shares of the basic materials company’s stock valued at $17,028,000 after buying an additional 9,234 shares during the last quarter.

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.