ASTLASTLBasic Materials · Steel

ASTL Stock Forecast: Algoma Steel Group, Inc. Price Predictions for 2026-2027

Last close, 14 Aug 2026
$4.28
−4.04% on the day

Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 7 of 100 as at 15 Aug 2026 — in the weakest quartile.

Market cap
$451.1M
Ticker Nerd rank
7 / 100
Median analyst target
Analysts covering
4
Total return, dividends reinvested
1W
+5.0%
1M
+16.9%
YTD
+4.4%
1Y
−8.4%
From 52W high
−26.2%
From 52W low
+34.2%
$3.19
$5.80
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

ASTL stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Algoma Steel Group, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 15 Aug 2026
7 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Accruals
96
Size
55
Volatility
27
Revisions
25
Momentum
20
Value
16
Issuance
11
Quality
5
Growth
4

Accruals (96): Reported profit is backed by cash, and the company is not expanding recklessly.

Growth (4): Sales and profits are flat, shrinking, or growing more slowly than they were.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

ASTL stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on ASTL, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$3.00$3.50$4.00$4.50$5.00$5.50Oct 25Jan 26Apr 26Jul 26ASTL

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

What Wall Street says4 analysts
1 Buy3 Hold0 Sell
Recent analyst actionsNewest first
DateFirmActionRatingTarget
23 June 2023StifelMaintainsBuy$16$14

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. ASTL appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Estimates

ASTL analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
Analysts raising
2
Analysts cutting
1
Fundamentals

Algoma Steel Group, Inc. (ASTL) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
17.8×

Cheaper than 43% of US stocks

Price / sales
0.3×

Cheaper than 90% of US stocks

Price / book
2.1×

Cheaper than 45% of US stocks

EV / EBITDA
−2.9×

Cheaper than 74% of US stocks

Growth & margins
Revenue growth (YoY)
−54.6%

Higher than 5% of US stocks

Earnings growth (YoY)
−54.6%

Higher than 9% of US stocks

Gross margin
−39.4%

Higher than 2% of US stocks

Operating margin
−51.4%

Higher than 16% of US stocks

Net margin
−71.6%

Higher than 8% of US stocks

Returns & dividend
Return on equity
−139.1%

Higher than 10% of US stocks

Return on assets
−21.1%

Higher than 19% of US stocks

Dividend yield
4.7%

Higher than 82% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Peers

ASTL vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelSteel
CompanyMarket capTKN rank
ASTLAlgoma Steel Group, Inc.$451.1M
7
FRDFriedman Industries, Inc.$326.1M
51
MTUSMetallus, Inc.$908.4M
74
NWPXNWPX Infrastructure, Inc.$1.1B
99
WSWorthington Steel, Inc.$1.9B
46
LUDLuda Technology Group Ltd.$97.3M
1
HLPHongli Group, Inc.$93.3M
36

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Algoma Steel Group, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest ASTL news & analysis

Algoma Steel Group Inc. (ASTL) Q2 2026 Earnings Call Transcript

Seeking Alpha · 30 July 2026neutral

Seeking Alpha published the transcript of Algoma Steel Group Inc.'s Q2 2026 earnings call.

Why it matters — The earnings call transcript provides detailed management commentary on the company's quarterly financial performance and operational outlook.

Algoma Steel Group Q2 Earnings Call Highlights

MarketBeat · 30 July 2026positive

Algoma Steel Group reported positive adjusted EBITDA in its fiscal second quarter of 2026, even as it continues transitioning to electric arc furnace steelmaking. The company faces headwinds including lower shipment volumes and planned operational work heading into the third quarter.

Why it matters — ASTL watchers would note that the positive adjusted EBITDA signals financial stability during the company's costly transition to EAF steelmaking, while the shipment and operational headwinds suggest near-term earnings pressure.

Algoma Steel Group Inc. (ASTL) Reports Q2 Loss, Lags Revenue Estimates

Zacks Investment Research · 30 July 2026negative

Algoma Steel Group reported a quarterly loss of $0.64 per share, wider than the Zacks Consensus Estimate of a $0.51 loss, though narrower than the $0.74 per share loss reported a year ago.

Why it matters — The larger-than-expected quarterly loss signals that Algoma Steel's financial performance fell short of analyst expectations for the period.

Algoma Steel Group Inc. Reports Financial Results for the Three Months Ended June 30, 2026

GlobeNewsWire · 29 July 2026positive

Algoma Steel Group Inc. reported financial results for the quarter ended June 30, 2026, with Adjusted EBITDA of $13.8 million, in line with previously announced expectations, and a second consecutive quarter of record plate sales. The company also noted that EAF Unit Two construction is nearing completion, with first steel production expected in the third quarter of 2026.

Why it matters — ASTL watchers would care because the company posted its second consecutive quarter of record plate sales as its Plate-First Strategy scales, and the nearing completion of EAF Unit Two signals a key operational milestone ahead.

FAQ

Frequently asked questions about ASTL stock

Is ASTL stock a buy right now?

Of the 4 analysts covering Algoma Steel Group, Inc., 1 rate it a Buy, 3 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Algoma Steel Group, Inc. 7 out of 100 across roughly 4,600 US stocks as at 15 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank ASTL?

As at 15 Aug 2026, Algoma Steel Group, Inc. ranks 7 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Accruals (96 of 100).

What is the ASTL stock forecast for 2030?

No analyst covering Algoma Steel Group, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for ASTL are extrapolating price history, which says nothing about the business.

How has ASTL stock performed over the past year?

Algoma Steel Group, Inc. returned -8.4% over the 12 months to 14 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Algoma Steel Group, Inc. do?

Algoma Steel Group Inc. is a leading Canadian producer of hot and cold rolled steel products, serving markets in Canada, the United States, and internationally.

What is the latest news on ASTL?

The most recent item we track (Seeking Alpha, 30 July 2026): "Algoma Steel Group Inc. (ASTL) Q2 2026 Earnings Call Transcript". Seeking Alpha published the transcript of Algoma Steel Group Inc.'s Q2 2026 earnings call.

Company

About Algoma Steel Group, Inc.

Algoma Steel Group Inc. is a leading Canadian producer of hot and cold rolled steel products, serving markets in Canada, the United States, and internationally. The company specializes in flat and sheet steel products such as temper rolled, cold rolled, hot-rolled pickled and oiled, floor plate, and cut-to-length items, primarily for the automotive industry, hollow structural product manufacturers, light manufacturing, and transportation sectors. It also manufactures plate steel products, including rolled, hot-rolled, and heat-treated plates used in construction, railcar manufacturing, buildings, bridges, and other infrastructure projects. Algoma Steel Group Inc. supplies these materials to diverse industries encompassing automotive, construction, infrastructure, energy, defense, transportation, and general manufacturing. With operations centered on steel production, the company plays a vital role in North American supply chains by providing essential materials for industrial and structural applications. Headquartered in Sault Ste. Marie, Ontario, Canada, Algoma Steel Group Inc. maintains a focus on delivering high-quality steel solutions to support key economic sectors.

CEO Mr. Michael Dennis Garcia · 2,818 employees · Canada · https://algoma.com