Algoma Steel Group Inc. (ASTL)
NASDAQ: ASTL · Real-Time Price · USD
5.64
+0.08 (1.44%)
May 29, 2026, 11:25 AM EDT - Market open
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
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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold Maintains $5.42 | Hold | Maintains | $5.42 | -3.82% | May 15, 2026 |
| BMO Capital | BMO Capital | Hold Maintains $4.34 | Hold | Maintains | $4.34 | -23.06% | May 14, 2026 |
| RBC Capital | RBC Capital | Hold Maintains $6 → $5.06 | Hold | Maintains | $6 → $5.06 | -10.24% | May 14, 2026 |
| Stifel Nicolaus | Stifel Nicolaus | Buy Maintains $8.32 | Buy | Maintains | $8.32 | +47.47% | May 13, 2026 |
Financial Forecast
Revenue This Year
1.62B
from 2.09B
Decreased by -22.57%
Revenue Next Year
2.08B
from 1.62B
Increased by 28.61%
EPS This Year
-2.64
from -9.06
EPS Next Year
-1.06
from -2.64
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 |
|---|---|---|---|---|---|---|---|
| High | 2.1B | 2.8B | |||||
| Avg | 1.6B | 2.1B | |||||
| Low | 1.3B | 1.4B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 |
|---|---|---|---|---|---|---|---|
| High | -1.4% | 76.2% | |||||
| Avg | -22.6% | 28.6% | |||||
| Low | -38.2% | -16.0% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | -2.65 | -0.63 | |
| Avg | -2.64 | -1.06 | |
| Low | -2.60 | -1.45 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | - | |
| Avg | - | - | |
| Low | - | - |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.