ATI Inc. (ATI) Stock Price & Analysis
ATI Inc. (ATI) closed at USD 161.84 on Thursday, October 22, 2026, down 10.43% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 180.69; the Oct 22, 2026 session ranged USD 155.34–169.04 on volume of 3,744,707 shares. Market capitalization is $22.04B, with a 52-week range of USD 83.15–243.57 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 08:39 UTC.
Also available as compact Markdown for AI agents: nexqual.com/ATI.md
Key facts (ATI)
- Last four reported quarters (through Jun 28, 2026): revenue $4.72B, net income $476M (10.1% margin), free cash flow $526M (SEC filings).
- Valuation: P/E 46.3x (avg 26.2x at the last 3 fiscal year-ends), EV/EBITDA 26.3x, net debt $1.41B.
- 2 of 80 tracked superinvestors hold ATI (13F, Q2 2026): 1 new, 0 added, 1 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 12 Form 4 filings, $56.1M; 1 not under a Rule 10b5-1 plan ($501K); 5 by opportunistic insiders (0 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 1.89 on a 1–5 scale) (9 analysts), mean target USD 248.89 (range 228–270).
- Total return with dividends: 1Y +80.7% vs S&P 500 +14.9%; 5Y +913.4% vs S&P 500 +80.3%.
- Next earnings: 2026-10-29, EPS estimate USD 1.37, revenue estimate $1.32B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (ATI)
| USD | FY2022 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $3.84B | $3.84B | $4.17B | $4.36B | $4.59B | $4.72B |
| Gross profit | $714M | $714M | $803M | $898M | $1.01B | — |
| Operating income | $287M | $316M | $466M | $609M | $641M | $717M |
| Net income | $131M | $324M | $411M | $368M | $404M | $476M |
| EPS (diluted) | $0.96 | $2.23 | $2.81 | $2.55 | $2.85 | — |
| Free cash flow | $94.0M | $94.0M | -$115M | $168M | $334M | $526M |
| Gross margin | 18.6% | 18.6% | 19.2% | 20.6% | 22.0% | — |
| Operating margin | 7.5% | 8.2% | 11.2% | 14.0% | 14.0% | 15.2% |
| Net margin | 3.4% | 8.4% | 9.8% | 8.4% | 8.8% | 10.1% |
| Revenue growth | +37.0% | +37.0% | +8.8% | +4.5% | +5.2% | — |
| Cash + short-term investments | $584M | $584M | $744M | $721M | $417M | — |
| Total debt | $1.75B | $1.75B | $2.18B | $1.90B | $1.75B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 28, 2026) (ATI)
P/E 46.3x · P/S 4.7x · EV/EBITDA 26.3x · EV/Sales 5.0x · P/FCF 41.9x · P/B 11.7x · FCF yield 2.39% · Earnings yield 2.16% · Buyback yield (TTM) 1.25% · Net debt $1.41B · EV $23.4B
P/E at fiscal year-ends: Dec 2025 40.2x, Dec 2024 21.9x, Dec 2023 16.6x.
Superinvestors (SEC 13F-HR, Q2 2026) (ATI)
2 of 80 tracked investors hold ATI. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Polen Capital | Polen Capital Management | 1.39% | $161M | New position |
| Viking Global | Viking Global Investors | 0.65% | $227M | Reduced -65.4% |
Insider sales (SEC Form 4, open-market, last ~7 months) (ATI)
11 of 12 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-21 | Harris Timothy J | Senior VP and CDIO | 9,000 | $1.7M | 9.3% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-09-14 | Harris Timothy J | Senior VP and CDIO | 16,500 | $3.2M | 14.5% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-09-08 | Harris Timothy J | Senior VP and CDIO | 16,500 | $3.4M | 12.7% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-09-02 | Morehouse David J | Director | 2,485 | $501K | 6.5% | No | Too little history (no open-market trades in 2023 or 2024) |
| 2026-08-31 | Harris Timothy J | Senior VP and CDIO | 16,500 | $3.5M | 11.2% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-08-24 | Harris Timothy J | Senior VP and CDIO | 16,500 | $3.4M | 10.1% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-08-17 | Fields Kimberly A | Chair, President and CEO | 24,845 | $5.7M | 19.8% | Yes | Too little history (no open-market trades in 2023 or 2024) |
| 2026-07-28 | Fields Kimberly A | Chair, President and CEO | 31,757 | $6.1M | 20.2% | Yes | Too little history (no open-market trades in 2023 or 2024) |
| 2026-07-07 | Fields Kimberly A | Chair, President and CEO | 40,000 | $7.3M | 20.3% | Yes | Too little history (no open-market trades in 2023 or 2024) |
| 2026-06-22…2026-06-24 | Fields Kimberly A | Chair, President and CEO | 20,693 | $4.2M | 9.5% | Yes | Too little history (no open-market trades in 2023 or 2024) |
| 2026-06-02 | Fields Kimberly A | Chair, President and CEO | 59,749 | $10.7M | 21.5% | Yes | Too little history (no open-market trades in 2023 or 2024) |
| 2026-05-11 | Fields Kimberly A | President, CEO and Director | 40,000 | $6.4M | 12.6% | Yes | Too little history (no open-market trades in 2023 or 2024) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (ATI)
Consensus Buy (mean 1.89 on a 1–5 scale), 9 analysts; mean target USD 248.89 (low 228, high 270).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-08 | Keybanc | Target lowered | Overweight | $258 → $228 |
| 2026-09-30 | Wells Fargo | Target lowered | Overweight | $275 → $240 |
| 2026-08-12 | Keybanc | Target raised | Overweight | $211 → $258 |
| 2026-08-07 | Susquehanna | Target raised | Positive | $215 → $265 |
| 2026-08-07 | BTIG | Target raised | Buy | $180 → $270 |
| 2026-07-13 | TD Cowen | Target raised | Buy | $170 → $210 |
| 2026-07-09 | Susquehanna | Target raised | Positive | $185 → $215 |
| 2026-06-30 | Keybanc | Target raised | Overweight | $175 → $211 |
Total return (dividends reinvested) (ATI)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +80.7% | +913.4% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +81.1% | +58.7% |
| Volatility (annualized) | 41.6% | 42.7% |
| Max drawdown | -30.2% (Aug 2026→Oct 2026) | -36.0% (Aug 2024→Mar 2025) |
ATI revenue by business segment (quarter ended Jun 28, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| AA&S | $742.6M | 52.2% | +28.4% |
| HPMC | $681.2M | 47.8% | +2.9% |
| Total revenue | $1.42B | 100% | — |
ATI revenue by region (quarter ended Jun 28, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| United States | $797.3M | 56.0% | +22.6% |
| Europe | $232.8M | 16.4% | -1.3% |
| Asia | $109.5M | 7.7% | -26.6% |
| South America, Middle East and other | $78.3M | 5.5% | +20.3% |
| Canada | $43.2M | 3.0% | +8.3% |
| Total revenue | $1.42B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
ATI suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Boeing (BA) | “Large aircraft and jet engines are manufactured by a small number of companies, such as The Boeing Company (Boeing), Airbus S.A.S. (an Airbus Group company) including the former operations of Bombardier Aerospace, and Empresa Brasileira de Aeronáutica S.A. (Embraer) for airframes.” |
| Supplier | Airbus | “Large aircraft and jet engines are manufactured by a small number of companies, such as The Boeing Company (Boeing), Airbus S.A.S. (an Airbus Group company) including the former operations of Bombardier Aerospace, and Empresa Brasileira de Aeronáutica S.A. (Embraer) for airframes.” |
| Partner | Shanghai STAL Precision Stainless Steel Company | “The operations in this segment include our Specialty Rolled Products and Specialty Alloys & Components businesses in addition to our Shanghai STAL Precision Stainless Steel Company Limited (STAL) PRS joint venture in China, in which we hold a 60% interest.” |
| Partner | Uniti Group Inc. (UNIT) | “We terminated our Uniti, LLC joint venture with Russian-based VSMPO-AVISMA (Verkhnaya Salda Metallurgical Production Association - Berezniki Titanium-Magnesium Works), the purpose of which was to market and sell a range of commercially pure titanium products.” |
Quoted from the company's 10-K filed Feb 20, 2026.
ATI analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $1.37 | $1.16 | +18.2% | $1.32B | 8 |
| Next quarter (ends Dec 2026) | $1.53 | $1.31 | +17.4% | $1.41B | 7 |
| Current fiscal year (ends Dec 2026) | $5.13 | $4.47 | +14.7% | $5.14B | 9 |
| Next fiscal year (ends Dec 2027) | $6.39 | $5.42 | +17.8% | $5.65B | 8 |
ATI options: expected move
Options price a move of about ±14.0% (±$22.70) by Nov 20, 2026, which includes earnings on Oct 29, 2026. Over the last 8 reports the stock moved ±12.9% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 62.7% | ±14.0% |
| Dec 18, 2026 | 56 | 56.4% | ±17.7% |
| Jan 15, 2027 | 84 | 52.7% | ±20.2% |
| Apr 16, 2027 | 175 | 50.3% | ±27.6% |
30-day implied volatility 61.3% vs 46.1% realized over the last 30 trading days. Put/call ratio (volume) 0.42. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 08:39 UTC)
| Price | USD 161.84 |
|---|---|
| Change | ▼ 10.43% (down) |
| Previous Close | USD 180.69 |
| Open | USD 169 |
| Day Range | USD 155.34 – 169.04 |
| 52-Week Range | USD 83.15 – 243.57 |
| Volume | 3,744,707 shares |
| Market Cap | $22.04B |
| Exchange | NYQ |
Technical Analysis (ATI)
Nexqual's technical model rates ATI "SELL" based on 3 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 08:39 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 24 (oversold) |
| vs SMA50 | Below (USD 197.39) |
| MACD | -4.74 (negative) |
Analyst Ratings (ATI)
Wall Street analysts rate ATI "Buy" based on 9 analysts, with a mean price target of USD 248.89 (range USD 228–270), per Nexqual as of October 23, 2026 at 08:39 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 9 |
| Mean Target | USD 248.89 |
| High Target | USD 270 |
| Low Target | USD 228 |
| Buy / Hold / Sell | 9 / 0 / 0 |
Earnings (ATI)
| Next Earnings Date | 2026-10-29 |
|---|---|
| EPS Estimate | USD 1.37 |
| Revenue Estimate | $1.32B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 1.23 vs est 1.04 ▲ beat |
| 2026-03-31 | USD 1 vs est 0.88 ▲ beat |
| 2025-12-31 | USD 0.93 vs est 0.86 ▲ beat |
| 2025-09-30 | USD 0.85 vs est 0.74 ▲ beat |
Source: Nexqual, October 23, 2026 at 08:39 UTC.
Financials & Fundamentals (ATI)
| Total Revenue | $4.72B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +10.60% |
| Gross Margin | +23.65% |
| Operating Margin | +18.20% |
| Profit Margin | +10.09% |
| ROE | +25.36% |
| Debt / Equity | 1.1 |
| Current Ratio | 2.33 |
| Total Cash | $783.00M |
| Total Debt | $2.19B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $526.30M (11.2% of revenue) |
Source: Nexqual, October 23, 2026 at 08:39 UTC.
Financial Health Score (ATI)
Nexqual rates ATI Inc.'s overall financial health "Solid" across five dimensions, as of October 23, 2026 at 08:39 UTC.
| Growth | Solid — Revenue +5% YoY (annual) |
|---|---|
| Profitability | Mixed — Gross margin 24%, operating 18% (last 12 months) |
| Balance Sheet | Mixed — $783M cash and investments vs $2.19B debt (Jun 2026, SEC) |
| Cash Flow | Solid — FCF $526M (last 4 quarters to Jun 2026, SEC), 11% margin |
| Efficiency | Strong — ROE 25%, ROA 8.8% |
Ownership (ATI)
| Insider Ownership | +0.82% |
|---|---|
| Institutional Ownership | +96.21% |
| Shares Outstanding | 136.17M |
| Float | 134.90M |
| Short % of Float | +5.30% |
Source: Nexqual, October 23, 2026 at 08:39 UTC.
Leadership (ATI)
ATI Inc. is led by Kimberly A. Fields, President, CEO & Chair, per Nexqual as of October 23, 2026 at 08:39 UTC.
| President, CEO & Chair | Kimberly A. Fields |
|---|---|
| Senior VP of Finance & CFO | James Robert Foster |
| Vice President of Investor Relations | David Weston |
| President of Forged Products | John S. Minich |
| Vice President of Financial Planning & Analysis | Tom Wright |
Major Backers & Investors (ATI)
Notable institutional backers of ATI Inc. include Capital Group, FMR, LLC, SmallCap World Fund Inc, according to Nexqual as of October 23, 2026 at 08:39 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Capital Group | 7.59% |
| FMR, LLC | 3.66% |
| SmallCap World Fund Inc | 3.09% |
| Capital International Investors | 2.73% |
| Invesco | 2.53% |
| Growth Fund of America | 1.44% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 13.74% |
| Vanguard Group | 9.1% |
| State Street | 3.85% |
| Geode Capital | 2.04% |
Source: Nexqual, October 23, 2026 at 08:39 UTC.
From ATI Inc.'s Latest SEC 10-K Filing (filed 2026-02-20)
Key Strengths & Strategy (as disclosed to the SEC)
- Within our AA&S segment, our Asian joint venture makes PRS products, which enables us to offer these products more effectively to markets in China and other Asian countries.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| CRS | Carpenter Technology Corporatio | USD 292.26 | ▼ 20.62% |
| MLI | Mueller Industries, Inc. | USD 54.53 | ▼ 5.23% |
| CMC | Commercial Metals Company | USD 63.79 | ▼ 0.72% |
| ESAB | ESAB Corporation | USD 66.89 | ▲ 0.8% |
| GPGI | GPGI, Inc. | USD 12.55 | ▼ 2.86% |
| WOR | Worthington Enterprises, Inc. | USD 64.44 | ▼ 1.01% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 08:39 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt