
Allegheny Technologies (ATI) Stock Forecast & Price Target
Allegheny Technologies (ATI) Analyst Ratings
Bulls say
ATI is a specialty metal supplier with a majority of its revenue coming from the High-Performance Materials segment, which is expected to see significant growth with the addition of a new VIM furnace. This investment, along with recent capex deployed to debottlenecking other furnaces, is projected to generate an additional $350M in EBITDA in the 2H of the decade. Additionally, naval nuclear contracts, which make up 35-40% of 2025 defense sales, are expected to double in value over the next 5 years, providing further growth opportunities for ATI.
Bears say
ATI is experiencing strong demand in its High-Performance Materials segment, driven by its focus on high-performance materials for various end markets and improved operational execution. However, its Advanced Alloys and Solutions segment has seen a decline in sales due to weaker demand in certain markets. Furthermore, ATI's focus on share repurchases and organic investments rather than debt reduction may hinder its ability to generate long-term sustainable growth.
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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