Algoma Steel Group Inc. (ASTL)

Algoma Steel Group Stock Forecast

Stock Price Forecast

There have not been any analyst price target forecasts for Algoma Steel Group in the last 12 months.

Price Target: n/a

Analyst Consensus: n/a

Target	Low	Average	Median	High
Price	n/a	n/a	n/a	n/a
Change	n/a	n/a	n/a	n/a

Analyst Ratings

There are currently no analyst ratings available for Algoma Steel Group.

Recommendation Trends

Rating	Jun '23
Strong Buy	0
Buy	0
Hold	0
Sell	0
Strong Sell	0
Total	0

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ian Gillies Stifel	Stifel	Strong Buy Maintains $16 → $14	Strong Buy	Maintains	$16 → $14	+235.29%	Jun 23, 2023

Financial Forecast

Revenue This Year

1.62B

Decreased by -22.33%

from 2.09B

Revenue Next Year

2.04B

Increased by 25.68%

from 1.62B

EPS This Year

-2.37

from -9.06

EPS Next Year

-0.24

from -2.37

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	3.81B	2.78B	2.80B	2.46B	2.09B	1.62B	2.04B
Revenue Growth	112.05%	-27.00%	0.62%	-11.95%	-15.27%	-22.33%	25.68%
EPS	7.75	1.71	0.70	-1.35	-9.06	-2.37	-0.24
EPS Growth	-	-77.99%	-58.97%	-	-	-	-
Forward PE	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	6	6

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028	2029	2030
High	2.1B	2.8B
Avg	1.6B	2.0B
Low	1.4B	1.4B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	-1.4%	75.7%
Avg	-22.3%	25.7%
Low	-34.3%	-13.5%

EPS Forecast

EPS	2026	2027
High	-2.38	0.84
Avg	-2.37	-0.24
Low	-2.34	-1.89

EPS Growth

EPS Growth	2026	2027
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.