Algoma Steel Group Inc. (ASTL) Stock Forecast
ASTL analyst forecast
as of October 17, 2026- Analyst consensus
- Hold 3.25 / 5 from 4 analysts
- Price target
- $20.00 average of analyst targets
- Upside to target
- +396.3% from the latest close
- Next earnings
- November 4, 2026 EPS estimate $-0.53
- 52-week range
- $3.28 – $5.80
ASTL analyst ratings
4 analystsNumber of analysts at each rating.
ASTL price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
ASTL earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | −$0.73 | −$0.82 | −$0.61 | −$1.14 | +36.2% | 3 |
| Current fiscal year (FY2026) | −$3.33 | −$3.51 | −$3.14 | −$5.03 | +33.8% | 3 |
| Next fiscal year (FY2027) | −$0.36 | −$0.36 | −$0.36 | −$3.28 | +89.0% | 1 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
ASTL revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $229.5M | $199.6M | $245.8M | −56.2% | 3 |
| Current fiscal year (FY2026) | $1.13B | $1.06B | $1.18B | −45.9% | 3 |
| Next fiscal year (FY2027) | $1.78B | $1.75B | $1.81B | +58.0% | 3 |
ASTL EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
ASTL revenue: reported and forecast
ASTL EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | −$0.31 | −$0.68 | −$0.68 | −$0.72 | −$0.73 | +134.4% | 0 up · 1 down |
| Current fiscal year (FY2026) | −$3.02 | −$3.31 | −$3.31 | −$3.32 | −$3.33 | +10.3% | 0 up · 2 down |
| Next fiscal year (FY2027) | −$0.31 | −$0.39 | −$0.39 | −$0.27 | −$0.36 | +16.1% | 1 up · 0 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
ASTL earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; ASTL beat in 4 of 12.
What analysts expect from ASTL
4 analysts cover Algoma Steel; their consensus rating is hold (3.25 on a 1–5 scale, where 5 is a strong buy). The average price target is $20.00, 396.3% above the latest close of $4.03. Analysts expect earnings of −$3.33 per share for FY2026, +33.8% from a year earlier. For FY2027 the average estimate is −$0.36 per share on revenue of $1.8 billion. Algoma Steel beat the EPS estimate in 4 of the last 12 quarters.
Related: ASTL income statement, ASTL key metrics, ASTL chart. See the ASTL stock overview for the latest quote and news.
ASTL forecast FAQ
What is Algoma Steel's price target?
The average analyst price target for Algoma Steel is $20.00, 396.3% above the latest close of $4.03.
Is Algoma Steel a buy, hold or sell?
Of 4 analysts covering Algoma Steel, 0 rate it a strong buy, 1 a buy, 3 a hold, 0 a sell and 0 a strong sell, a consensus of hold. Ratings are opinions, not a recommendation from Quotelinks.
What is Algoma Steel's EPS forecast?
Analysts forecast −$3.33 per share for FY2026 (range −$3.51 to −$3.14); for FY2027 the estimate is −$0.36.
What is Algoma Steel's revenue forecast?
The average revenue estimate for FY2026 is $1.1 billion, growth of −45.9%; for FY2027 it is $1.8 billion.
When does Algoma Steel report earnings?
Algoma Steel is expected to report results for the quarter ending September 30, 2026 on November 4, 2026; the EPS estimate is $-0.53.
Does Algoma Steel usually beat earnings estimates?
Algoma Steel reported EPS at or above the analyst estimate in 4 of the last 12 quarters.