
Allegheny Technologies (ATI) Stock Forecast & Price Target
Allegheny Technologies (ATI) Analyst Ratings
Bulls say
ATI Inc operates primarily in the specialty metals sector, focusing on High-Performance Materials and Components and Advanced Alloys and Solutions, with the majority of revenue stemming from the High-Performance Materials segment. The company's positive outlook is supported by expected profitability expansion driven by an improved sales mix, increased volume, and reduced pension expenses, alongside a projected 9% year-over-year growth in airframe sales due to rising production targets. Additionally, ATI is well-positioned to capitalize on surging demand in the aerospace market, particularly for OEM and MRO parts, as production rates for aircraft and jet engines ramp up in response to recovering air traffic.
Bears say
ATI Inc. is facing significant revenue declines in key non-aerospace and defense (A&D) end markets such as specialty energy, electronics, medical, and industrial sectors. The company's market valuation has weakened, with its trading multiple falling to several turns below competitors like CRS, despite a strategic pivot towards higher-margin A&D volumes. This shifting focus, while aimed at improving profitability, has not compensated for the deteriorating demand across other segments, leading to a negative outlook on ATI's financial performance.
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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