Algoma Steel Group Inc. (ASTL)
NASDAQ: ASTL · Real-Time Price · USD
4.180
0.00 (0.00%)
At close: Jun 26, 2026, 4:00 PM EDT
4.190
+0.010 (0.24%)
After-hours: Jun 26, 2026, 7:55 PM EDT

Algoma Steel Group Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Algoma Steel Group stock have an average target of 6.00, with a low estimate of 4.94 and a high estimate of 8.12. The average target predicts an increase of 43.54% from the current stock price of 4.18.

Analyst Consensus: Hold
Target Low Average Median High
Price $4.94 $6.00 $5.65 $8.12
Change +18.18% +43.54% +35.17% +94.26%

Analyst Ratings

The average analyst rating for Algoma Steel Group stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Jan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy 000000
Buy 111111
Hold 333333
Sell 000000
Strong Sell 000000
Total 444444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
BMO Capital
BMO Capital
Hold
Maintains
$5.65
Hold Maintains $5.65 +35.13% Jun 5, 2026
Jefferies
Jefferies
Hold
Maintains
$5.3
Hold Maintains $5.3 +26.68% May 15, 2026
RBC Capital
RBC Capital
Hold
Maintains
$4.24$4.94
Hold Maintains $4.24$4.94 +18.24% May 14, 2026
Stifel Nicolaus
Stifel Nicolaus
Buy
Maintains
$8.12
Buy Maintains $8.12 +94.25% May 13, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.28B
from 2.09B
Decreased by -38.55%
Revenue Next Year
1.86B
from 1.28B
Increased by 45.47%
EPS This Year
-3.10
from -5.03
EPS Next Year
-0.42
from -3.10
Fiscal Year FY 2022 FY 2023 FY 2024 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Mar 31, 2022 Mar 31, 2023 Mar 31, 2024 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
3.81B2.78B2.80B2.46B2.09B1.28B1.86B
Revenue Growth
112.05%-27.00%0.62%-11.95%-15.27%-38.55%45.47%
EPS
7.751.710.70-1.35-9.06-3.33-0.39
EPS Growth
--77.99%-58.97%----
Forward PE
-------
No. Analysts -----23
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202620272028
High 1.3B 2.7B
Avg 1.3B 1.9B
Low 1.2B 1.4B

Revenue Growth

Revenue Growth 202620272028
High
-35.8%
111.4%
Avg
-38.6%
45.5%
Low
-41.3%
7.3%

EPS Forecast

EPS 202620272028
High -2.85 0.37
Avg -3.10 -0.42
Low -3.33 -1.18

EPS Growth

EPS Growth 202620272028
High - -
Avg - -
Low - -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.