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ASTL Stock Forecast 2026-2027
$4.94
Current Price
$522.73M
Market Cap
Buy 1
Hold 3
Sell 0
Wall St Analyst Ratings
Distance to ASTL Price Targets
N/A
To High Target of $N/A
N/A
To Median Target of $N/A
N/A
To Low Target of $N/A
ASTL Price Momentum
-11.9%
1 Week Change
-3.9%
1 Month Change
-15.7%
1 Year Change
+20.5%
Year-to-Date Change
-31.8%
From 52W High of $7.25
+63.6%
From 52W Low of $3.02
📊 TOP ANALYST CALLS
Did ASTL Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if Algoma Steel is one of their latest high-conviction picks.
Latest ASTL Stock Price Targets & Analyst Predictions
ASTL has shown a year-to-date change of 20.5% and a 1-year change of -15.7%, reflecting downward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for ASTL. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
ASTL Analyst Ratings
1
Buy
3
Hold
0
Sell
ASTL Price Target Range
Low
N/A
Average
N/A
High
N/A
Current: $4.94
Latest ASTL Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for ASTL.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Jun 23, 2023 | Stifel | Ian Gillies | Buy | Maintains | $14.25 |
Algoma Steel Group Inc. (ASTL) Competitors
The following stocks are similar to Algoma Steel based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Algoma Steel Group Inc. (ASTL) Financial Data
Algoma Steel Group Inc. has a market capitalization of $522.73M with a P/E ratio of 17.8x. The company generates $1.34B in trailing twelve-month revenue with a -60.0% profit margin.
Revenue growth is -42.6% quarter-over-quarter, while maintaining an operating margin of -52.9% and return on equity of -122.4%.
Valuation Metrics
Market Cap
$522.73M
Enterprise Value
$1.00B
P/E Ratio
17.8x
PEG Ratio
0.0x
Price/Sales
0.3x
Growth & Margins
Revenue Growth (YoY)
-42.6%
Gross Margin
-42.6%
Operating Margin
-52.9%
Net Margin
-60.0%
EPS Growth
-42.6%
Financial Health
Cash/Price Ratio
+12.6%
Current Ratio
2.4x
Debt/Equity
272.3x
ROE
-122.4%
ROA
-19.7%
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Algoma Steel Group Inc. (ASTL) Business Model
About Algoma Steel Group Inc.
What They Do
Produces hot and cold rolled steel products.
Business Model
The company generates revenue by manufacturing and selling a variety of steel products, primarily flat and sheet steel, to diverse industries including automotive, construction, and transportation. By focusing on high-quality production, it caters to the specific needs of its customers across North America and internationally.
Additional Information
Headquartered in Sault Ste. Marie, Ontario, Algoma Steel Group plays a crucial role in industrial supply chains, contributing to infrastructure projects and various economic sectors. Their product range includes specialized items like temper rolled and heat-treated plate steel, ensuring they meet diverse market demands.
Company Information
Sector
Basic Materials
Industry
Steel
Employees
2,818
CEO
Mr. Michael Dennis Garcia
Country
Canada
IPO Year
2021
Website
algoma.comAlgoma Steel Group Inc. (ASTL) Latest News & Analysis
Latest News
Quick Summary
Algoma Steel Group Inc. released its 2025 Sustainability Report, covering performance for the year ended December 31, 2025, aligning sustainability with its financial reporting.
Why It Matters
Algoma Steel's 2025 Sustainability Report highlights its environmental initiatives, potentially influencing investor sentiment and attractiveness in a market increasingly favoring sustainable practices.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Algoma Steel Group Q1 Earnings Call Highlights
26 days ago
Quick Summary
Algoma Steel (NASDAQ: ASTL) has permanently halted blast furnace operations and is ramping up its electric arc furnace platform amid lower shipments, transition costs, and U.S. steel tariffs.
Why It Matters
Algoma's shift to electric arc furnaces signals a strategic pivot, impacting production costs and efficiency. Ongoing tariffs and lower shipments could affect profitability and stock performance.
Source: MarketBeat
Market Sentiment:
Negative
Algoma Steel Group Inc. Reports Financial Results for the Three Months Ended March 31, 2026
27 days ago
Quick Summary
EAF Unit 1 is now fully operational, completing the transition from blast furnace/basic oxygen furnace to electric arc furnace steelmaking.
Why It Matters
The transition to Electric Arc Furnace steelmaking signals reduced production costs and improved sustainability, potentially enhancing profitability and attracting environmentally-conscious investors.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Quick Summary
Algoma Steel Group Inc. (ASTL) held its Q1 2026 earnings call, discussing financial performance and strategic initiatives. Further details can be found in the full transcript.
Why It Matters
Algoma Steel's Q1 2026 earnings reveal financial health and performance trends, impacting stock valuation, investor sentiment, and potential market opportunities.
Source: Seeking Alpha
Market Sentiment:
Neutral
Quick Summary
Legato Merger (ASTL) may not meet expectations for an earnings beat in its upcoming report due to lacking key factors. Investors should prepare for this potential outcome.
Why It Matters
The lack of key ingredients for an earnings beat may lead to disappointing results for Legato Merger (ASTL), potentially impacting stock performance and investor sentiment.
Source: Zacks Investment Research
Market Sentiment:
Negative
Quick Summary
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) will release its Q1 2026 financial results on May 12, 2026, with a webcast and conference call scheduled for May 13 at 11:00 a.m. ET.
Why It Matters
Algoma Steel's upcoming financial results release may impact its stock price and investor sentiment, providing insights into the company's performance and outlook in the steel industry.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Frequently Asked Questions About ASTL Stock
What is Algoma Steel Group Inc.'s (ASTL) stock forecast for 2026?
Analyst forecasts for Algoma Steel Group Inc. (ASTL) are not currently available. The stock is trading at $4.94.
Is ASTL stock a good investment in 2026?
According to current analyst ratings, ASTL has 1 Buy ratings, 3 Hold ratings, and 0 Sell ratings. The stock is currently trading at $4.94. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for ASTL stock?
Price predictions from Wall Street analysts for ASTL are not currently available. The stock is trading at $4.94.
What is Algoma Steel Group Inc.'s business model?
The company generates revenue by manufacturing and selling a variety of steel products, primarily flat and sheet steel, to diverse industries including automotive, construction, and transportation. By focusing on high-quality production, it caters to the specific needs of its customers across North America and internationally.
What is the highest forecasted price for ASTL Algoma Steel Group Inc.?
Price targets from Wall Street analysts for ASTL are not currently available. The stock is trading at $4.94.
What is the lowest forecasted price for ASTL Algoma Steel Group Inc.?
Price targets from Wall Street analysts for ASTL are not currently available. The stock is trading at $4.94.
What is the overall ASTL consensus from analysts for Algoma Steel Group Inc.?
The overall analyst consensus for ASTL is neutral. Out of 1 Wall Street analysts, 1 rate it as Buy, 3 as Hold, and 0 as Sell.
How accurate are ASTL stock price projections?
Stock price projections, including those for Algoma Steel Group Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: June 9, 2026 2:13 AM UTC