ALGOMA STEEL GROUP INC (ASTL.CA) Forecast, Price Target & Analyst Ratings

TSX:ASTLCA0156581070

Current stock price

6.32 CAD
+0.14 (+2.27%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for ALGOMA STEEL GROUP INC (ASTL.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$14.19
+ 124.53% Upside

Next Earnings Forecast

Earnings Estimate
Release Date
N/A
Period
Q1 / 2026
EPS Estimate
-CA$0.90
Revenue Estimate
353.12M

ChartMill Buy Consensus

Rating
43.33%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$14.19
Upside
+ 124.53%
From current price of CA$6.32 to mean target of CA$14.19, Based on 6 analyst forecasts
Low
CA$14.05
Median
CA$14.19
High
CA$14.61

Price Target Revisions

1 Month
0.00%
3 Months
0.00%

Price Target Summary

6 Wall Street analysts provided a forecast for the next 12 months for ASTL.CA. The average price target is 14.19 CAD. This implies a price increase of 124.53% is expected in the next year compared to the current price of 6.32.

Analyst Ratings & History

Current Analyst Ratings

ASTL Current Analyst RatingASTL Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0.5 1 1.5 2 2.5

Analyst Ratings History

ASTL Historical Analyst RatingsASTL Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -11 -10 -9 -8 -7 -6 -5 -4 -3 -2 -1 0 1 2 3 4 5

Analyst Ratings Consensus

ChartMill Buy Consensus
43.33%
ASTL.CA was analyzed by 6 analysts. The buy percentage consensus is at 43. So analysts seem to be rather negative about ASTL.CA.
In the previous month the buy percentage consensus was at a similar level.
ASTL.CA was analyzed by 6 analysts. More opinions would make the average more meaningful.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-11-21Stifel Nicolaus ResearchUpgrade
2022-11-09Stifel Nicolaus ResearchDowngrade Hold
2022-11-09STA ResearchMaintains Hold
2022-11-09Eight CapitalDowngrade
2022-10-20Stifel Nicolaus ResearchDowngrade Strong Buy
2022-09-29Eight CapitalDowngrade
2022-09-28Stifel Nicolaus ResearchDowngrade Hold
2022-09-28BMO FinancialDowngrade
2022-09-28STA ResearchMaintains Hold
2022-09-28Cormark SecuritiesDowngrade
2022-09-21Stifel Nicolaus ResearchDowngrade Buy
2022-08-05Stifel Nicolaus ResearchDowngrade
2022-08-05BMO FinancialMaintains Outperform
2022-08-05STA ResearchReiterate Hold
2022-08-05Cormark SecuritiesDowngrade
2022-07-01STA ResearchMaintains Hold
2022-06-30Stifel Nicolaus ResearchInitiate Hold
2022-05-19BMO FinancialUpgrade Outperform
2022-02-14BMO FinancialMaintains Outperform
2022-01-26Cormark SecuritiesInitiate Buy
2022-01-20Eight CapitalInitiate Buy
2021-12-07BMO NesbittInitiate Outperform

Next Earnings Forecast Details

Next Earnings Details

Release Date
N/A
Period
Q1 / 2026
EPS Estimate
-CA$0.90
Revenue Estimate
353.12M
Revenue Q2Q
-31.71%
EPS Q2Q
38.17%
Number of Analysts
6

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-11.82%
EPS (1 Month)
14.49%
EPS (3 Months)
-2.95%

Next Earnings Summary

The next earnings revenue estimate has been revised downward by 11.82% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.

Full Analyst Estimates 2026 - 2032

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032
Revenue
YoY % growth
ASTL.CA revenue by date.ASTL.CA revenue by date.
2.779B
-27.00%
2.796B
0.62%
2.086B
-25.40%
1.662B
-20.31%
2.045B
23.04%
3.832B
87.38%
3.859B
0.70%
4.074B
5.57%
4.082B
0.20%
4.082B
EBITDA
YoY % growth
ASTL.CA ebitda by date.ASTL.CA ebitda by date.
385.8M
-74.25%
282.3M
-26.83%
-196.1M
-169.47%
-134.81M
31.25%
148.58M
210.21%
470.22M
216.48%
522.29M
11.07%
551.48M
5.59%
555.54M
0.74%
555.54M
EBIT
YoY % growth
ASTL.CA ebit by date.ASTL.CA ebit by date.
290.5M
-79.41%
167.3M
-42.41%
-552M
-429.95%
-222.36M
59.72%
171.87M
177.29%
110.16M
-35.91%
147.11M
33.54%
146.09M
-0.69%
148.14M
1.40%
148.14M
Operating Margin
ASTL.CA operating margin by date.ASTL.CA operating margin by date.
10.46%5.98%-26.47%-13.38%8.40%2.87%3.81%3.59%3.63%3.63%
EPS
YoY % growth
ASTL.CA eps by date.ASTL.CA eps by date.
N/A
-85.11%
0.41
-75.39%
-5.21
-1,370.79%
-2.93
43.67%
-0.76
74.05%
1.36
278.12%
N/AN/AN/AN/A

All data in CAD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27
EPS
Q2Q % growth
-0.90
38.17%
-0.54
47.00%
-0.29
-268.00%
-0.35
88.04%
-0.27
70.62%
-0.33
39.62%
-0.33
-14.29%
-0.33
5.88%
Revenue
Q2Q % growth
353.12M
-31.71%
400.45M
-32.09%
400.45M
-23.56%
804.47M
76.81%
N/AN/AN/AN/A
EBITDA
Q2Q % growth
-63.41M
32.83%
-21.794M
-141.75%
4.046M
-93.05%
5.712M
-55.02%
46.818M
173.83%
48.484M
322.46%
43.078M
964.71%
40.29M
605.36%
EBIT
Q2Q % growth
-131.58M
-1.68%
-78.54M
-274.00%
-32.64M
44.11%
42.84M
112.48%
N/AN/AN/AN/A

All data in CAD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

ASTL.CA Yearly Revenue VS EstimatesASTL.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 1B 2B 3B 4B
ASTL.CA Yearly EPS VS EstimatesASTL.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 2025 2026 2027 2028 0 5 -5 10

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
31.24%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
21.47%
Revenue Next 5 Year
13.76%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
37.21%
EBIT Next 5 Year
21.83%

ALGOMA STEEL GROUP INC / ASTL.CA Forecast FAQ

What is the average price target for ALGOMA STEEL GROUP INC (ASTL.CA) stock?

6 analysts have analysed ASTL.CA and the average price target is 14.19 CAD. This implies a price increase of 124.53% is expected in the next year compared to the current price of 6.32.

What are the consensus estimates for ALGOMA STEEL GROUP INC (ASTL.CA) next earnings?

The consensus EPS estimate for the next earnings of ALGOMA STEEL GROUP INC (ASTL.CA) is -0.9 CAD and the consensus revenue estimate is 353.12M CAD.

What is the expected long term growth rate for ASTL stock?

The expected long term growth rate for ALGOMA STEEL GROUP INC (ASTL.CA) is 21.47%.