The Allegheny Technologies Inc (ATI) share price is expected to increase by 16.16% over the next year. This is based on calculating the average 12-month share price estimate provided by 9 stock analysts who have covered ATI. Price targets range from $67 at the low end to $84 at the high end. The current analyst consensus for ATI is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 9 Wall Street analysts have assignedATI 4 buy ratings, 5 hold ratings, and 0 sell ratings. This means that analysts expect Allegheny Technologies Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ATI. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of ATI.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Scott Deuschle Deutsche Bank | Buy | $84 | Maintains | Oct 3, 2024 |
Charles Minervino Susquehanna | Positive | $75 | Initiates | Sep 5, 2024 |
Seth Seifman JP Morgan | Overweight | $75 | Maintains | Aug 21, 2024 |
Philip Gibbs Keybanc | Overweight | $67 | Maintains | Aug 12, 2024 |
Scott Deuschle Deutsche Bank | Buy | $81 | Maintains | Aug 7, 2024 |
Josh Sullivan Benchmark | Buy | $80 | Reiterates | Aug 7, 2024 |
Josh Sullivan Benchmark | Buy | $80 | Maintains | Jul 12, 2024 |
Andre Madrid BTIG | Buy | $70 | Initiates | Jun 26, 2024 |
Chris Olin Northcoast Research | Neutral | Downgrade | Jun 14, 2024 | |
Philip Gibbs Keybanc | Overweight | $66 | Maintains | May 28, 2024 |
David Strauss Barclays | Overweight | $70 | Maintains | May 6, 2024 |
Philip Gibbs Keybanc | Overweight | $58 | Maintains | Apr 22, 2024 |
Scott Deuschle Deutsche Bank | Buy | $70 | Initiates | Apr 11, 2024 |
Philip Gibbs Keybanc | Overweight | $56 | Maintains | Feb 21, 2024 |
Josh Sullivan Benchmark | Buy | $53 | Reiterates | Dec 4, 2023 |
Philip Gibbs Keybanc | Overweight | $49 | Maintains | Dec 1, 2023 |
Philip Gibbs Keybanc | Overweight | $48 | Maintains | Oct 19, 2023 |
David Strauss Barclays | Overweight | $51 | Maintains | Aug 8, 2023 |
Philip Gibbs Keybanc | Overweight | $49 | Maintains | Aug 7, 2023 |
Northcoast Research | Buy | Initiates | Jul 20, 2023 |
When did it IPO
1999
Staff Count
7,300
Country
United States
Sector/Industry
Industrials/Metal Fabrication
CEO
Ms. Kimberly A. Fields
Market Cap
$7.87B
In 2023, ATI generated $4.17B in revenue, which was a increase of 8.80% from the previous year. This can be seen as a signal that ATI's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Allegheny Technologies (ATI) closed at $62.83, down 1.83% from the previous trading day.
Why It Matters - A 1.83% decline in Allegheny Technologies' stock price signals potential volatility, affecting investor sentiment and future trading strategies.
Summary - ATI (NYSE: ATI) will host its third quarter 2024 earnings conference call on October 29, 2024, at 7:30 a.m. CT.
Why It Matters - ATI's upcoming earnings call will provide insights into its financial performance, impacting stock valuation and investor sentiment ahead of Q3 results.
Summary - Allegheny Technologies (ATI) closed at $65.59, down 0.56% from the previous trading day.
Why It Matters - Allegheny Technologies' slight decline in stock price may indicate market volatility or investor sentiment shifts, impacting future investment decisions and potential returns.
Summary - Allegheny Technologies (ATI) closed at $65.32, reflecting a slight decrease of 0.15% from the previous day's closing price.
Why It Matters - A slight decline in ATI's stock price may indicate market volatility or investor sentiment shifts, potentially impacting future trading strategies and portfolio valuations.
Summary - Allegheny Technologies (ATI) closed at $63.84, down 1.3% from the previous trading session.
Why It Matters - A 1.3% decline in Allegheny Technologies' stock may indicate market concerns or selling pressure, potentially influencing investor sentiment and future trading decisions.
Summary - Allegheny Technologies (ATI) closed at $61.77, down 0.69% from the previous trading day.
Why It Matters - A decline in Allegheny Technologies' stock price may signal weakening investor confidence or broader market trends, potentially impacting future investment decisions and valuations.