Algoma Steel Group Inc. (ASTL)

NASDAQ: ASTL · Real-Time Price · USD

4.520

-0.235 (-4.94%)

At close: Jun 18, 2026, 4:00 PM EDT

4.500

-0.020 (-0.44%)

After-hours: Jun 18, 2026, 5:32 PM EDT

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: Hold

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

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

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	1	1
Hold	3	3	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Katja Jancic BMO Capital	BMO Capital	Hold Maintains $5.74	Hold	Maintains	$5.74	+27.03%	Jun 5, 2026
Chris LaFemina Jefferies	Jefferies	Hold Maintains $5.38	Hold	Maintains	$5.38	+19.09%	May 15, 2026
James McGarragle CFA RBC Capital	RBC Capital	Hold Maintains $4.31 → $5.02	Hold	Maintains	$4.31 → $5.02	+11.15%	May 14, 2026
Ian Gillies Stifel Nicolaus	Stifel Nicolaus	Buy Maintains $8.25	Buy	Maintains	$8.25	+82.60%	May 13, 2026

Financial Forecast

Revenue This Year

1.28B

from 2.09B

-38.55%

from 2.09B

Revenue Next Year

1.90B

from 1.28B

48.41%

from 1.28B

EPS This Year

-3.11

from -5.03

EPS Next Year

-0.47

from -3.11

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2024	FY 2025	FY 2026
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	3.81B	2.78B	2.80B	2.46B	2.09B	1.28B
Revenue Growth	112.05%	-27.00%	0.62%	-11.95%	-15.27%	-38.55%
Gross Profit	1.51B	397.00M	306.90M	-44.70M	-633.40M	39.73M
Gross Margin	39.76%	14.29%	10.98%	-1.82%	-30.37%	3.10%
Operating Income	1.40B	286.00M	146.80M	-239.30M	-773.00M	-319.00M
Net Income	857.70M	298.50M	105.20M	-139.00M	-984.90M	-337.00M
EPS	-	-	-	-	-5.03	-3.11
Dividend / Share	0.06	0.27	0.27	0.28	0.14	-
Dividend Growth	-	333.50%	0.08%	4.69%	-51.64%	-100.00%
Free Cash Flow	1.13B	-413.68M	-238.26M	-	-420.95M	-33.48M
No. Analysts	-	-	-	-	-	2

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue	2026	2027	2028
High	1.3B
Avg	1.3B
Low	1.2B

Revenue Growth

Revenue Growth	2026	2027	2028
High	-35.8%
Avg	-38.6%
Low	-41.3%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	-3.11
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-