
Allegheny Technologies (ATI) Stock Forecast & Price Target
Allegheny Technologies (ATI) Analyst Ratings
Bulls say
ATI Inc. is expected to experience profitability expansion driven by an improved sales mix, increased volume, and reduced pension expenses. The company's High-Performance Materials segment, which primarily services the aerospace and defense markets, showed a notable 9% year-over-year growth in airframe sales, particularly as customers prepare for increased production rates from Boeing and Airbus. Furthermore, ATI is positioned to benefit from a rebound in aircraft production and ongoing demand for maintenance, repair, and operations (MRO) services, which is anticipated to drive both revenue growth and improved margins in the coming years.
Bears say
The analysis of ATI Inc.'s financial performance reveals several concerns contributing to a negative outlook on the stock. Sales across key non-aerospace and defense sectors, including specialty energy, electronics, medical, and industrial markets, have experienced year-over-year declines, indicating weakening demand outside the aerospace and defense (A&D) segment. Furthermore, ATI's valuation multiple has fallen to levels several turns below its historical average when compared to peers like CRS, reflecting market skepticism regarding its financial stability and growth prospects.
This aggregate rating is based on analysts' research of Allegheny Technologies and is not a guaranteed prediction by Public.com or investment advice.
Allegheny Technologies (ATI) Analyst Forecast & Price Prediction
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