ATI stock stands at USD 193.09 after its 2026 outlook raise

Published on 10/06/2026 at 12:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ATI stock carries a 2026 adjusted EPS outlook of USD 4.90-5.18 after the Q2 update. Its record backlog reached USD 4.4 billion, up 18 percent year over year.

ATI, US01741R1023, Illustration mit AI erstellt.

ATI stock (ISIN US01741R1023) was last at USD 193.09 on the NYSE on October 5, 2026, at 4:01 p.m. ET, with a daily change of 0.35 percent from USD 192.42. The central operating story is ATI's raised 2026 outlook, which followed the second-quarter results discussed on August 6, 2026, in Yahoo Finance.

Adjusted EPS reaches USD 5.18

ATI's full-year adjusted EPS guidance rose to USD 4.90-5.18 from USD 4.20-4.48, while adjusted EBITDA guidance increased to USD 1.135 billion-1.185 billion from USD 1.01 billion-1.06 billion. The figures in the August 6 transcript show that the outlook improvement was broad rather than limited to earnings per share.

Yahoo Finance also reported adjusted free cash flow guidance of USD 550 million-600 million, up from USD 465 million-525 million. The midpoint of USD 575 million represents a 51 percent increase from 2025, giving cash generation a larger role in the valuation discussion.

Backlog reaches USD 4.4 billion

ATI's second-quarter revenue increased 11 percent year over year to USD 1.3 billion, while adjusted EBITDA rose 37 percent to USD 284 million. Adjusted EBITDA margin expanded 440 basis points year over year to 22.6 percent, according to the same Yahoo Finance transcript.

The record USD 4.4 billion backlog was up 18 percent year over year, and ATI expects 70 percent of it to convert into revenue over the next 12 months. Defense revenue increased 36 percent year over year, while the company said a new naval nuclear agreement is a USD 1 billion contract over five years.

Buy consensus targets USD 227.63

MarketBeat lists a Buy consensus based on 1 strong buy rating, 8 buy ratings and 1 hold rating. Its average price target is USD 227.63, with a high of USD 270.00 and a low of USD 141.00; the average target lies 17.9 percent above ATI's USD 193.09 price.

ATI's upcoming Investor Day is scheduled for November 12, 2026, according to Weiss Ratings. The event gives management a scheduled forum to update growth opportunities and targets after the guidance increase.

ATI stock remains below its yearly high

ATI stock was last at USD 193.09 on the NYSE on October 5, 2026, with a market capitalization of USD 26.4 billion and volume of 1,528,969 shares. The price was 20.7 percent below the 52-week high of USD 243.57, while the 52-week low stood at USD 79.29.