ATI Future Growth
Future criteria checks 3/6
ATI is forecast to grow earnings and revenue by 17.9% and 8.2% per annum respectively. EPS is expected to grow by 18.4% per annum. Return on equity is forecast to be 36.1% in 3 years.
Key information
17.9%
Earnings growth rate
18.45%
EPS growth rate
| Aerospace & Defense earnings growth | 18.1% |
| Revenue growth rate | 8.2% |
| Future return on equity | 36.10% |
| Analyst coverage | Good |
| Last updated | 14 Aug 2026 |
Recent future growth updates
Recent updates
Seeking Alpha • Aug 11
ATI: Margin Increase Turns Out To Be More Structural Than I Thought
Summary ATI delivered a notably stronger Q2, with both revenue and profit growth exceeding prior expectations and structural margin improvements in Advanced Alloys & Solutions. AA&S margins are now expected to remain structurally above 20%, driven by a shift toward aerospace, defense, and specialty energy, with defense revenues up 36% year-over-year. Management raised 2026 guidance significantly: adjusted EBITDA to $1.135–$1.185B, EPS to $4.90–$5.18, and free cash flow to $550–$600M. Despite operational strength and record backlog, ATI's valuation at ~40x 2026 earnings and a 2.1% FCF yield justifies maintaining a Hold rating. Read the full article on Seeking AlphaAnalysis Article • Aug 09
Earnings Beat: ATI Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
ATI Inc. ( NYSE:ATI ) just released its second-quarter report and things are looking bullish. Results were good...
Narrative Update • Aug 03
ATI: Aftermarket Strength And Mexico Expansion Will Support Higher Fair Value
ATI's analyst fair value estimate moved from $206.54 to $231.00, as analysts point to stronger aerospace aftermarket demand and favorable conditions across commercial aerospace and defense as key supports for the higher target. Analyst Commentary Bullish analysts see ATI as a key way to gain exposure to aerospace and defense demand, with recent research pointing to stronger aftermarket activity and supportive commercial trends ahead of upcoming earnings.
Narrative Update • Jul 20
ATI: Aftermarket Strength And Defense Deals Will Shape Balanced Risk Profile
ATI's analyst fair value estimate has been lifted from $185.56 to $200.33 as analysts factor in stronger aerospace aftermarket demand, supportive sector fundamentals across commercial aerospace and defense, and updated P/E assumptions following a series of price target increases from major firms. Analyst Commentary Recent research on ATI centers on how the stock reflects expectations for aerospace aftermarket strength, broader commercial aerospace demand, and mixed sentiment around defense exposure.Narrative Update • Jul 06
ATI: Aerospace Expansion And Buybacks Will Shape A Balanced Risk Reward Outlook
ATI's analyst price target has moved from about $178.67 to roughly $185.56, with analysts citing updated assumptions for revenue growth, profit margins, the discount rate, and the future P/E as the key drivers behind the change. Analyst Commentary Recent Street research on ATI points to a cluster of price target increases, with bullish analysts updating their models based on revised assumptions for revenue growth, profitability, discount rates, and the future P/E they apply to the stock.Narrative Update • Jun 22
ATI: Higher Fair Value Balances Defense Contract Visibility And P/E Multiple Risk
Analysts have lifted ATI's implied fair value from $191.00 to about $206.54, reflecting updated views on revenue growth, profit margins, and future P/E assumptions that underpin the recent wave of higher price targets from several firms. Analyst Commentary Recent Street research on ATI points to a firm stretch of optimism, with several bullish analysts lifting price targets and reinforcing positive views on the stock's execution and longer term earnings power.Analysis Article • Jun 19
ATI (ATI) Stock Could Be 12.7% Overvalued After Strong Earnings Revision Momentum
ATI (ATI) has drawn attention after a period of sector outperformance, supported by a run of positive earnings surprises and ongoing upward revisions to analyst estimates that suggest rising confidence in its near term outlook. See our latest analysis for ATI. ATI shares have shown strong momentum, with a 33.83% 1 month share price return, a 68.91% year to date gain and a very large 5 year total shareholder return. Together, these metrics suggest that recent optimism around earnings revisions...
Narrative Update • Jun 05
ATI: Higher Margins And Buybacks Will Support A More Demanding Future Profile
ATI's analyst price target has been revised higher by several firms, with recent Street research pointing to increased confidence around the company's revenue growth, profit margin profile and P/E assumptions, which together support a refreshed target near $170. Analyst Commentary Recent research has centered on how ATI's updated price targets line up with assumptions for revenue growth, profit margins and P/E, and whether the stock already reflects those expectations.Narrative Update • May 22
ATI: Higher Margin Outlook And Buybacks Will Support Balanced Future Profile
ATI's analyst price target has been revised from $113.00 to $170.00. Analysts point to updated assumptions around higher revenue growth, improved profit margins, and a richer future P/E as key drivers behind the change.Narrative Update • May 02
ATI: Rising Bullish Coverage And Larger Buybacks Will Shape Future Upside Potential
ATI's updated analyst price target moves higher to about $179 per share, up roughly $17 as analysts factor in refreshed views on fair value, expected revenue growth, profit margins, and future P/E following a series of recent target increases from major firms. Analyst Commentary Recent Street research on ATI clusters around higher price targets and fresh coverage, providing additional context on how professionals are framing the risk and reward trade off at current levels.Narrative Update • Apr 17
ATI: Higher Buyback Capacity And Rerated P/E Will Support Future Upside
ATI's updated analyst price target rises by $30, with analysts pointing to slightly adjusted assumptions for revenue growth, discount rate, profit margins, and future P/E to support the new level. Analyst Commentary Recent Street research on ATI centers on a series of higher price targets and fresh coverage that leans positive on the company’s execution and long term earnings potential.Narrative Update • Apr 02
ATI: Rising Bullish Coverage And Larger Buybacks Will Shape A Measured Outlook
ATI's analyst fair value estimate has shifted from $145.63 to $161.44, as analysts point to recent price target increases and supportive research coverage as key drivers behind the updated view. Analyst Commentary Recent Street research on ATI has been heavily skewed toward optimistic views, with several firms resetting price targets and initiating coverage with constructive ratings.Narrative Update • Mar 19
ATI: Higher Margin Assumptions And Buyback Capacity Will Support Future Upside
The analyst fair value estimate for ATI has shifted from $185.00 to $191.00 as analysts factor in updated expectations around growth, profitability, discount rates, and future P/E assumptions reflected in the recent series of higher Street price targets. Analyst Commentary Recent research has centered on higher price targets for ATI, aligning with the updated fair value estimate and pointing to growing confidence in the company’s ability to execute against current expectations.Narrative Update • Mar 05
ATI: Higher Margin Assumptions And Bullish Re-Rating Will Support Future Upside
The analyst price target for ATI has been raised from $165 to $185, as analysts broadly point to updated assumptions for revenue growth, profit margins, and future P/E expectations following a series of recent bullish research calls and initiations. Analyst Commentary Recent research has leaned clearly positive, with multiple bullish analysts lifting their price targets on ATI and one initiating coverage with a constructive view.Narrative Update • Feb 19
ATI: Bullish Execution Expectations And Buybacks Will Shape A Balanced 2025 Outlook
The analyst price target for ATI has been revised from $118.25 to $145.63, reflecting updated views on revenue growth, profit margins, and future P/E following a series of recent bullish research calls from analysts. Analyst Commentary Recent research coverage has tilted clearly positive, with several bullish analysts lifting their price targets and initiating optimistic views that feed into the higher US$145.63 target.Narrative Update • Feb 05
ATI: Higher Margins And Bullish Rating Shift Will Support Future Upside
Narrative Update: ATI The ATI analyst price target has been raised from US$145 to US$165. Analysts attribute this change to updated assumptions for slightly higher revenue growth, improved profit margin, and a higher future P/E multiple, supported by a series of recent target hikes and bullish initiations on the stock.Narrative Update • Jan 21
ATI: Stronger Margins And Raised Outlook Will Support Higher Future Earnings
Analysts have lifted their ATI fair value estimate from $133.11 to $145.00, citing updated models that reflect recent price target increases, stronger margin assumptions, and a slightly higher forward P/E framework supported by fresh research from several firms. Analyst Commentary Recent Street research on ATI centers on higher price targets and a shift toward more constructive ratings, with bullish analysts pointing to valuation support, margin execution, and a firmer multi year outlook as key reasons for their stance.Narrative Update • Jan 07
ATI: Higher Margin Outlook And 2025 Plan Support Balanced Fair Value
Analysts have lifted their ATI fair value estimate from US$73.00 to US$113.00, citing updated models that reflect higher projected revenue growth, a slightly different discount rate, a modestly adjusted profit margin outlook, and Street research pointing to stronger segment margins and a raised 2025 outlook that supports US$120 price targets. Analyst Commentary Recent Street research has leaned constructive on ATI, with price targets clustering around US$120 and models refreshed after what is described as solid margin performance across both major operating segments and a raised 2025 outlook.Analysis Article • Jan 03
Investors Will Want ATI's (NYSE:ATI) Growth In ROCE To Persist
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Narrative Update • Dec 22
ATI Will Benefit From Stronger Margins And Improved Multiyear Earnings Outlook
Our analyst price target for ATI increases from approximately $115 to about $133, reflecting analysts' higher $120 Street targets and an improved multi year growth outlook following stronger than expected margins and an upgraded rating. Analyst Commentary Bullish analysts have recently turned more constructive on ATI, citing stronger margin performance and a clearer path to multiyear earnings growth.Narrative Update • Dec 08
ATI: Margin Strength And 2025 Outlook Will Drive Shares Higher
The analyst price target for ATI has been raised to $120.00, up from $100.00, as analysts cite stronger than expected Q3 margin performance and a broadly improved 2025 outlook across key operating segments. Analyst Commentary Bullish analysts highlight that the higher price target reflects increased confidence in ATI's ability to sustain stronger margins beyond Q3, particularly as operational efficiencies begin to scale through 2025.Narrative Update • Nov 24
ATI: Upgrades And Margin Strength Will Drive Shares Higher Into 2025
Analysts have modestly increased their price target for ATI by $0.25 to $118.25. This change reflects improved margin performance and a stronger outlook based on recent research updates.Narrative Update • Nov 07
ATI: Margin Gains Will Drive Upside Amid Improved 2025 Outlook
Analysts have increased their price target for ATI from $103.86 to $118.00, citing stronger than expected Q3 margins and an improved outlook for 2025 as primary drivers behind the upward revision. Analyst Commentary The recent upward revision in ATI's price target has prompted analysts to evaluate both the company's positive momentum and underlying risks that could affect its longer-term prospects.Narrative Update • Oct 24
Titanium Contract Expansion And Leadership Transition Will Shape Future Opportunities
Narrative Update: ATI Analyst Price Target Adjustment Analysts have made a slight downward revision to ATI's analyst price target, adjusting it from $103.86 to $103.86. This change reflects modest updates in discount rate and profitability assumptions.Narrative Update • Oct 10
Boeing And Airbus Contracts Will Create Advanced Alloy Opportunities
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.Narrative Update • Sep 26
Boeing And Airbus Contracts Will Create Advanced Alloy Opportunities
Analysts raised ATI's price target following improved aerospace production volumes and stronger commercial demand, while maintaining caution over defense exposure, resulting in a fair value increase from $100.88 to $102.43. Analyst Commentary Bullish analysts highlighted improved production volumes, delivery rates, and orders for Boeing 737 aircraft, indicating stronger demand and stability across the commercial aerospace supply chain, benefiting ATI.Analysis Article • Sep 10
Here's Why ATI (NYSE:ATI) Can Manage Its Debt Responsibly
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Narrative Update • Sep 09
Boeing And Airbus Contracts Will Create Advanced Alloy Opportunities
ATI’s price target has been raised from $98.67 to $100.88 as analysts cite improved commercial aerospace demand and greater market stability, particularly from Boeing’s recovery, despite some headwinds in defense. Analyst Commentary Improved Boeing 737 production, deliveries, and orders are strengthening the commercial aerospace supply chain, benefiting ATI.Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2028 | 6,126 | 997 | 831 | 1,108 | 5 |
| 12/31/2027 | 5,631 | 834 | 720 | 1,008 | 9 |
| 12/31/2026 | 5,145 | 666 | 573 | 867 | 7 |
| 6/28/2026 | 4,715 | 476 | 526 | 805 | N/A |
| 3/29/2026 | 4,595 | 426 | 553 | 835 | N/A |
| 12/28/2025 | 4,587 | 404 | 334 | 614 | N/A |
| 9/28/2025 | 4,583 | 445 | 444 | 679 | N/A |
| 6/29/2025 | 4,509 | 418 | 235 | 474 | N/A |
| 3/30/2025 | 4,464 | 399 | 187 | 414 | N/A |
| 12/29/2024 | 4,362 | 368 | 168 | 407 | N/A |
| 9/29/2024 | 4,253 | 376 | 198 | 444 | N/A |
| 6/30/2024 | 4,228 | 384 | 82 | 305 | N/A |
| 3/31/2024 | 4,179 | 392 | 66 | 272 | N/A |
| 12/31/2023 | 4,174 | 411 | -115 | 86 | N/A |
| 10/1/2023 | 4,120 | 535 | -185 | -7 | N/A |
| 6/30/2023 | 4,127 | 506 | 51 | 230 | N/A |
| 3/31/2023 | 4,040 | 377 | -8 | 157 | N/A |
| 1/1/2023 | 3,836 | 324 | 94 | 225 | N/A |
| 9/30/2022 | 3,591 | 24 | 13 | 162 | N/A |
| 6/30/2022 | 3,285 | 12 | -250 | -104 | N/A |
| 3/31/2022 | 2,941 | 1 | -285 | -133 | N/A |
| 1/2/2022 | 2,800 | 185 | -136 | 16 | N/A |
| 9/30/2021 | 2,693 | -1,129 | -269 | -123 | N/A |
| 6/30/2021 | 2,565 | -1,228 | -53 | 79 | N/A |
| 3/31/2021 | 2,719 | -1,602 | 80 | 214 | N/A |
| 12/31/2020 | 2,982 | -1,573 | 30 | 167 | N/A |
| 9/30/2020 | 3,342 | -395 | 120 | 285 | N/A |
| 6/30/2020 | 3,763 | -234 | 137 | 320 | N/A |
| 3/31/2020 | 4,073 | 264 | N/A | 245 | N/A |
| 12/31/2019 | 4,123 | 253 | N/A | 230 | N/A |
| 9/30/2019 | 4,142 | 242 | N/A | 266 | N/A |
| 6/30/2019 | 4,143 | 182 | N/A | 253 | N/A |
| 3/31/2019 | 4,072 | 179 | N/A | 310 | N/A |
| 12/31/2018 | 4,047 | 222 | N/A | 393 | N/A |
| 9/30/2018 | 3,919 | 183 | N/A | 193 | N/A |
| 6/30/2018 | 3,768 | 11 | N/A | 143 | N/A |
| 3/31/2018 | 3,638 | -51 | N/A | 86 | N/A |
| 12/31/2017 | 3,525 | -92 | N/A | 22 | N/A |
| 9/30/2017 | 3,411 | -84 | N/A | 14 | N/A |
| 6/30/2017 | 3,313 | -493 | N/A | -96 | N/A |
| 3/31/2017 | 3,243 | -522 | N/A | -92 | N/A |
| 12/31/2016 | 3,135 | -641 | N/A | -44 | N/A |
| 9/30/2016 | 3,077 | -878 | N/A | -89 | N/A |
| 6/30/2016 | 3,140 | -491 | N/A | 6 | N/A |
| 3/31/2016 | 3,352 | -489 | N/A | 58 | N/A |
| 12/31/2015 | 3,720 | -378 | N/A | 131 | N/A |
| 9/30/2015 | 4,028 | -131 | N/A | 203 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ATI's forecast earnings growth (17.9% per year) is above the savings rate (3.7%).
Earnings vs Market: ATI's earnings (17.9% per year) are forecast to grow faster than the US market (17.1% per year).
High Growth Earnings: ATI's earnings are forecast to grow, but not significantly.
Revenue vs Market: ATI's revenue (8.2% per year) is forecast to grow slower than the US market (12.9% per year).
High Growth Revenue: ATI's revenue (8.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ATI's Return on Equity is forecast to be high in 3 years time (36.1%)
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/14 11:56 |
| End of Day Share Price | 2026/08/14 00:00 |
| Earnings | 2026/06/28 |
| Annual Earnings | 2025/12/28 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
ATI Inc. is covered by 22 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Strauss | Barclays |
| Joshua Sullivan | Benchmark Company |
| Paretosh Misra | Berenberg |