ATI announces major investments in nickel powder and zirconium sponge to boost growth and targets double-digit revenue by 2029

ATI Inc. revealed a growth strategy at its 2026 Investor Day, including investments to expand nickel powder capacity in North Carolina and zirconium sponge production in Oregon. These expansions aim to support nearly $1 billion in additional revenue by 2029, focusing on aerospace, defense, and specialty energy markets. ATI targets a 10-12% annual revenue growth rate through 2029, with improved margins and adjusted free cash flow more than doubling to $1.25 billion. The company plans to return over 75% of free cash flow to shareholders, emphasizing disciplined execution and meeting strong customer demand.

ATI's shares are trading at USD 192.94 on Pluang as of Nov 13, 2026 03:02 WIB, showing a positive 1-day change of 2.88%. The stock's market capitalization stands at $25.47 billion, reflecting solid investor interest. Pluang data also shows a full buy order activity, indicating strong demand among retail investors.