ATI Q2 Adj. EPS $1.23 Beats $1.04 Estimate, Sales $1.261B Beat $1.218B Estimate

The Global Market for Space Materials 2026-2036 Report Now Available, Tracks the Shift to 60,000+ Satellites by 2036 as Launch Costs Fall Below $1,500/kg

A comprehensive market report forecasts significant growth in space materials demand through 2036, driven by mega-constellations (60,000+ satellites), reusable launch systems, lunar missions, and defense space initiatives. The market faces supply chain vulnerabilities in critical materials like ADN, xenon, and carbon fiber, while geopolitical export controls increasingly shape supplier selection alongside traditional cost and performance metrics.

Shares of aerospace and defense companies are trading lower. Reports suggest that Deputy Defense Secretary Steve Feinberg signed a memo proposing a software tool that would give the government direct access to defense companies' financial systems, potentially impeding commercial and nontraditional firms from doing business with the Pentagon.

Keybanc Maintains Overweight on ATI, Raises Price Target to $258

Keybanc analyst Samuel McKinney maintains ATI (NYSE:ATI) with a Overweight and raises the price target from $211 to $258.

Susquehanna Maintains Positive on ATI, Raises Price Target to $265

Susquehanna analyst Charles Minervino maintains ATI (NYSE:ATI) with a Positive and raises the price target from $215 to $265.