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

NASDAQ:ASTL • CA0156581070

Current stock price

4.41 USD
+0.22 (+5.25%)
At close:
4.5 USD
+0.09 (+2.04%)
After Hours:

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).

Forecast Snapshot

Consensus Price Target

Price Target
$10.20
+ 131.29% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
N/A
Period
Q1 / 2026
EPS Estimate
-CA$1.06
Revenue Estimate
353.12M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
43.33%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$10.20
Upside
+ 131.29%
From current price of $4.41 to mean target of $10.20, Based on 6 analyst forecasts
Low
$10.10
Median
$10.20
High
$10.50

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. The average price target is 10.2 USD. This implies a price increase of 131.29% is expected in the next year compared to the current price of 4.41.
→ Find peer stocks trading 30% below analyst price target

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 was analyzed by 6 analysts. The buy percentage consensus is at 43. So analysts seem to be rather negative about ASTL.
In the previous month the buy percentage consensus was at a similar level.
ASTL was analyzed by 6 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-06-23StifelMaintains Buy -> Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
N/A
Period
Q1 / 2026
EPS Estimate
-CA$1.06
Revenue Estimate
353.12M
Revenue Q2Q
-31.71%
EPS Q2Q
27.69%
Number of Analysts
6

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-48.50%
EPS (1 Month)
-18.35%
EPS (3 Months)
0.48%

Next Earnings Summary

The next earnings revenue estimate has been revised downward by 48.5% 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.
→ Find peers expecting at least 20% revenue growth next quarter

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 revenue by date.ASTL revenue by date.
2.779B
-27.00%		2.796B
0.62%		2.086B
-25.40%		1.653B
-20.75%		2.06B
24.62%		3.832B
86.02%		4.048B
5.64%		4.128B
1.98%		4.165B
0.90%		4.165B
EBITDA
YoY % growth
ASTL ebitda by date.ASTL ebitda by date.
385.8M
-74.25%		282.3M
-26.83%		-196.1M
-169.47%		-134.776M
31.27%		223.07M
265.51%		N/A537.26M551.48M
2.65%		555.54M
0.74%		555.54M
EBIT
YoY % growth
ASTL ebit by date.ASTL 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%		313.83M
184.89%		321.95M
2.59%		325M
0.95%		325M
Operating Margin
ASTL operating margin by date.ASTL operating margin by date.
10.46%5.98%-26.47%-13.45%8.34%2.87%7.75%7.80%7.80%7.80%
EPS
YoY % growth
ASTL eps by date.ASTL eps by date.
N/A
-85.11%		0.41
-75.39%		-5.21
-1,370.79%		-2.37
54.45%		-0.24
89.68%		N/AN/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
EPS
Q2Q % growth		-1.06
27.69%		-0.92
9.50%		-0.70
-510.40%		-0.53
81.85%
Revenue
Q2Q % growth		353.12M
-31.71%		400.45M
-32.09%		400.45M
-23.56%		804.47M
76.81%
EBITDA
Q2Q % growth		-82.314M
12.80%		-39.576M
-175.82%		-10.302M
-117.70%		-2.482M
-119.54%
EBIT
Q2Q % growth		-131.58M
-1.68%		-78.54M
-274.00%		-32.64M
44.11%		42.84M
112.48%

All data in CAD

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

ASTL Yearly Revenue VS EstimatesASTL 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 Yearly EPS VS EstimatesASTL Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 2025 2026 2027 0 5 -5 10

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

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

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
21.47%
Revenue Next 5 Year
14.06%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
21.83%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

ALGOMA STEEL GROUP INC / ASTL Forecast FAQ

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

6 analysts have analysed ASTL and the average price target is 10.2 USD. This implies a price increase of 131.29% is expected in the next year compared to the current price of 4.41.

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

The consensus EPS estimate for the next earnings of ALGOMA STEEL GROUP INC (ASTL) is -1.06 USD and the consensus revenue estimate is 353.12M USD.

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

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