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Analysts have raised their price target for ATI from $102.43 to $103.86, citing improved revenue growth and profit margins supported by continuing strength in commercial aerospace production.

Analyst Commentary

Bullish Takeaways

• Bullish analysts have raised ATI's price target in response to ongoing strength in the commercial aerospace sector. Notable improvements in Boeing 737 production, deliveries, and order activity could provide tailwinds for ATI's top-line growth.
• The improved stability within the commercial supply chain, particularly among key aerospace customers, is seen as reducing risk and supporting a stronger revenue outlook for ATI.
• Margin expansion is expected as higher production volumes and better operating leverage allow ATI to execute on cost efficiencies and capture additional profit.
• Positive ratings from the analyst community are underpinned by recent evidence of ATI's ability to benefit from broader industry momentum and solid execution against its growth strategy.

Bearish Takeaways

• Bearish analysts caution that ATI's valuation may now reflect much of the recent good news. This could potentially limit further upside if execution or end-market demand shows signs of cooling.
• There remains a degree of dependency on continued commercial aerospace strength, which could prove a risk if there are disruptions or slowdowns in aircraft deliveries or orders.
• Certain analysts highlight that increased competition and potential raw material cost pressures could weigh on future margin gains, even amid tightening supply chain conditions.
• Any setbacks in the broader aerospace or industrial markets, or delays in new platform ramp-ups, could lead to tempered growth expectations for ATI in the coming quarters.

What's in the News

• ATI Inc. announced that Executive Vice President, Finance and Chief Financial Officer Don Newman will retire effective March 1, 2026. He will remain in his role until that date to ensure a smooth leadership transition. (Company filing)
• ATI has extended and expanded its long-term agreement with Boeing to supply a wide range of high-performance titanium products for the full suite of Boeing's commercial airplane programs, including both narrowbody and widebody platforms. ATI will also serve Boeing's third-party subsidiaries. (Company announcement)
• Between March 31, 2025 and June 29, 2025, ATI repurchased over 3.25 million shares, completing its announced buyback program by repurchasing a total of more than 6.37 million shares for $430.13 million. (Company announcement)

Valuation Changes

• Consensus Analyst Price Target has risen slightly from $102.43 to $103.86, reflecting a modestly more optimistic outlook.
• Discount Rate has increased marginally from 8.03% to 8.03%, indicating a nearly unchanged risk assessment by analysts.
• Revenue Growth projections have edged higher, moving from 6.69% to 6.75%.
• Net Profit Margin forecasts have improved from 11.61% to 12.06%, indicating expectations for stronger profitability.
• Future P/E has declined from 25.19x to 24.54x, suggesting a slightly more attractive valuation relative to expected future earnings.