ATI (NYSE:ATI) Hits New 12-Month High Following Better-Than-Expected Earnings

Shares of ATI Inc. (NYSE:ATI) reached a new 52-week high during mid-day trading on Tuesday following a better than expected earnings announcement. The company traded as high as $137.00 and last traded at $126.8580, with a volume of 330105 shares trading hands. The stock had previously closed at $121.77.

The basic materials company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.04. The business had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.18 billion. ATI had a net margin of 9.71% and a return on equity of 23.34%. The business’s revenue for the quarter was up .4% on a year-over-year basis. During the same period last year, the business earned $0.79 earnings per share. ATI has set its FY 2026 guidance at 3.990-4.270 EPS and its Q1 2026 guidance at 0.830-0.890 EPS.

Trending Headlines about ATI

Here are the key news stories impacting ATI this week:

• Positive Sentiment: Q4 EPS beat and solid margins — ATI reported adjusted Q4 EPS of $0.93 vs. Street $0.89 and adjusted EBITDA margin of 19.7%, showing margin improvement that supports higher valuation multiples. ATI Announces Fourth Quarter and Fiscal Year 2025 Results
• Positive Sentiment: FY‑2026 guidance raised above consensus — ATI set adjusted EPS guidance of $3.99–$4.27 for FY‑2026 versus consensus ~$3.91, signaling stronger full‑year profitability expectations. ATI Announces Fourth Quarter and Fiscal Year 2025 Results
• Neutral Sentiment: Q1 guidance roughly in line with estimates — Q1 adjusted EPS guidance of $0.83–$0.89 versus consensus $0.86; range includes consensus but the lower bound leaves room for downside risk. ATI Announces Fourth Quarter and Fiscal Year 2025 Results
• Neutral Sentiment: Strong cash generation — FY‑2025 operating cash flow of $614M and adjusted free cash flow guidance of $430M–$490M support balance‑sheet strength and potential capital returns. ATI Announces Fourth Quarter and Fiscal Year 2025 Results
• Neutral Sentiment: Aerospace & defense concentration — 68% of Q4 sales are to aero/defense, which supports growth while keeping ATI exposed to defense cycle and OEM aircraft demand swings. ATI Announces Fourth Quarter and Fiscal Year 2025 Results
• Neutral Sentiment: Corporate housekeeping — Shareholders approved the PSE exit; procedural change with limited direct operational impact. ATI shareholders OK PSE exit
• Negative Sentiment: GAAP vs. adjusted disparity and matched revenue — GAAP Q4 net income attributable was $97M ($0.69/sh), materially below the adjusted $0.93 figure; revenue only matched estimates, which could temper enthusiasm if investors favor GAAP results. ATI Announces Fourth Quarter and Fiscal Year 2025 Results
• Negative Sentiment: Near‑term margin/test risk — Analyst previews flagged that margin gains must sustain against aerospace demand trends; Q1 guidance lower bound below consensus keeps near‑term performance under scrutiny. ATI Earnings on Deck as Margin Gains Test Aerospace Momentum

Analyst Upgrades and Downgrades

Several brokerages have commented on ATI. Susquehanna reissued a “positive” rating and issued a $145.00 price target on shares of ATI in a research report on Thursday, January 15th. BTIG Research restated a “buy” rating and issued a $120.00 price objective on shares of ATI in a research note on Wednesday, October 29th. JPMorgan Chase & Co. raised their target price on shares of ATI from $118.00 to $135.00 and gave the stock an “overweight” rating in a research report on Friday, December 19th. Alembic Global Advisors began coverage on ATI in a research report on Thursday, January 15th. They issued an “overweight” rating and a $141.00 price target on the stock. Finally, Deutsche Bank Aktiengesellschaft set a $98.00 price objective on shares of ATI in a research note on Wednesday, October 8th. Nine analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $117.75.

Insiders Place Their Bets

In other news, SVP Tina Killough Busch sold 2,598 shares of ATI stock in a transaction on Friday, November 21st. The stock was sold at an average price of $93.26, for a total transaction of $242,289.48. Following the transaction, the senior vice president owned 21,274 shares in the company, valued at approximately $1,984,013.24. The trade was a 10.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Chairman Robert S. Wetherbee sold 60,000 shares of the company’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $98.34, for a total value of $5,900,400.00. Following the transaction, the chairman directly owned 246,538 shares in the company, valued at $24,244,546.92. The trade was a 19.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 148,087 shares of company stock worth $15,131,989 over the last ninety days. 1.10% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On ATI

A number of institutional investors have recently added to or reduced their stakes in ATI. Lido Advisors LLC raised its position in ATI by 2.7% in the third quarter. Lido Advisors LLC now owns 3,784 shares of the basic materials company’s stock worth $308,000 after purchasing an additional 101 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of ATI by 2.4% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 4,424 shares of the basic materials company’s stock worth $360,000 after buying an additional 102 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in shares of ATI by 12.1% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,090 shares of the basic materials company’s stock worth $86,000 after buying an additional 118 shares during the period. Activest Wealth Management lifted its position in shares of ATI by 17.6% during the 4th quarter. Activest Wealth Management now owns 834 shares of the basic materials company’s stock worth $96,000 after buying an additional 125 shares during the period. Finally, D.A. Davidson & CO. boosted its stake in ATI by 2.0% in the 4th quarter. D.A. Davidson & CO. now owns 7,202 shares of the basic materials company’s stock valued at $827,000 after buying an additional 140 shares in the last quarter.

ATI Stock Up 4.0%

The company has a quick ratio of 1.18, a current ratio of 2.50 and a debt-to-equity ratio of 0.94. The business has a 50-day simple moving average of $114.14 and a two-hundred day simple moving average of $94.84. The stock has a market capitalization of $17.21 billion, a P/E ratio of 41.17, a PEG ratio of 1.16 and a beta of 1.02.

About ATI

Allegheny Technologies Incorporated (ATI) is a global manufacturer of specialty materials and complex components, serving aerospace, defense, oil and gas, chemical processing, medical and other industrial end markets. The company operates through two main segments: High Performance Materials & Components, which produces titanium and nickel-based alloys, stainless and specialty steels, and precision forgings; and Flat-Rolled Products, which supplies stainless steel, nickel and specialty alloy sheet, strip and precision-rolled plate.