Atkore (ATKR) Stock Forecast, Price Target & Predictions
ATKR Stock Forecast
Atkore stock forecast is as follows: an average price target of $138.80 (represents a 60.72% upside from ATKR’s last price of $86.36) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
ATKR Price Target
The average price target for Atkore (ATKR) is $138.80 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $190.00 to $100.00. This represents a potential 60.72% upside from ATKR's last price of $86.36.
ATKR Analyst Ratings
According to 7 Wall Street analysts, Atkore's rating consensus is 'Buy'. The analyst rating breakdown for ATKR stock is 0 'Strong Buy' (0.00%), 5 'Buy' (71.43%), 2 'Hold' (28.57%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Atkore Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 13, 2024 | Jeffrey Hammond | KeyBanc | $105.00 | $87.00 | 20.68% | 21.58% |
| Aug 07, 2024 | Deane Dray | RBC Capital | $100.00 | $101.05 | -1.04% | 15.79% |
| Jul 10, 2024 | Jeffrey Hammond | KeyBanc | $175.00 | $129.88 | 34.74% | 102.64% |
| Jul 08, 2024 | Chris Dankert | Loop Capital Markets | $190.00 | $131.00 | 45.04% | 120.01% |
| May 07, 2024 | Deane Dray | RBC Capital | $212.00 | $156.19 | 35.73% | 145.48% |
| Feb 02, 2023 | - | RBC Capital | $177.00 | $143.32 | 23.50% | 104.96% |
| Feb 02, 2023 | - | Citigroup | $156.00 | $148.91 | 4.76% | 80.64% |
| Dec 09, 2022 | - | Citigroup | $135.00 | $123.00 | 9.76% | 56.32% |
| Aug 03, 2022 | - | Credit Suisse | $143.00 | $92.98 | 53.80% | 65.59% |
| May 04, 2022 | - | Credit Suisse | $138.00 | $110.61 | 24.76% | 59.80% |
The latest Atkore stock forecast, released on Sep 13, 2024 by Jeffrey Hammond from KeyBanc, set a price target of $105.00, which represents a 20.68% increase from the stock price at the time of the forecast ($87.00), and a 21.58% increase from ATKR last price ($86.36).
Atkore Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 4 | 5 |
| Avg Price Target | $105.00 | $142.50 | $156.40 |
| Last Closing Price | $86.36 | $86.36 | $86.36 |
| Upside/Downside | 21.58% | 65.01% | 81.10% |
In the current month, the average price target of Atkore stock is $105.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 21.58% increase as opposed to Atkore's last price of $86.36. This month's average price target is down -26.32% compared to last quarter, and down -32.86% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 13, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Aug 07, 2024 | RBC Capital | Outperform | Sector Perform | Downgrade |
| Jul 09, 2024 | KeyBanc | - | Overweight | Initialise |
| Jul 08, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| May 07, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Apr 08, 2024 | Citigroup | Neutral | Neutral | Hold |
| Apr 04, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Nov 17, 2023 | RBC Capital | Outperform | Outperform | Hold |
| Nov 17, 2023 | Citigroup | Neutral | Neutral | Hold |
| Nov 17, 2023 | B. Riley Securities | Buy | Buy | Hold |
Atkore's last stock rating was published by KeyBanc on Sep 13, 2024. The company gave ATKR a "Overweight" rating, the same as its previous rate.
Atkore Financial Forecast
Atkore Revenue Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $869.89M | $919.12M | $895.93M | $833.82M | $1.03B | $1.06B | $982.57M | $840.80M | $923.73M | $853.66M | $639.54M | $511.08M | $477.42M | $384.90M | $455.65M | $447.45M | $501.71M | $493.49M |
| Avg Forecast | $796.70M | $843.70M | $799.05M | $781.30M | $751.40M | $806.80M | $766.17M | $744.03M | $751.84M | $830.16M | $808.22M | $777.05M | $920.42M | $929.45M | $909.38M | $822.45M | $981.80M | $1.01B | $800.90M | $768.52M | $839.38M | $727.41M | $556.80M | $456.79M | $429.93M | $364.53M | $459.39M | $461.62M | $509.83M | $528.62M |
| High Forecast | $892.85M | $945.52M | $895.49M | $875.59M | $842.08M | $904.17M | $858.64M | $833.82M | $831.43M | $930.35M | $905.76M | $870.83M | $935.51M | $1.04B | $1.02B | $921.71M | $1.10B | $1.01B | $809.44M | $776.71M | $848.33M | $735.17M | $562.74M | $461.66M | $434.52M | $368.42M | $464.29M | $466.54M | $515.27M | $534.26M |
| Low Forecast | $769.39M | $814.78M | $771.66M | $754.52M | $725.64M | $779.14M | $739.91M | $718.52M | $672.24M | $801.70M | $780.51M | $750.41M | $910.40M | $897.59M | $878.20M | $794.26M | $948.14M | $1.01B | $788.94M | $757.04M | $826.85M | $716.55M | $548.49M | $449.97M | $423.51M | $359.09M | $452.53M | $454.73M | $502.22M | $520.73M |
| # Analysts | 1 | 1 | 1 | - | - | - | - | 2 | 3 | 2 | - | 1 | 4 | 3 | 3 | 2 | 2 | 1 | - | 1 | 1 | 1 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.99% | 0.99% | 1.01% | 1.05% | 1.05% | 1.23% | 1.09% | 1.10% | 1.17% | 1.15% | 1.12% | 1.11% | 1.06% | 0.99% | 0.97% | 0.98% | 0.93% |
Atkore's average Quarter revenue forecast for Dec 23 based on 1 analysts is $777.05M, with a low forecast of $750.41M, and a high forecast of $870.83M. ATKR's average Quarter revenue forecast represents a -10.67% decrease compared to the company's last Quarter revenue of $869.89M (Sep 23).
Atkore EBITDA Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | - | - | - | - | 2 | 3 | 2 | - | 1 | 4 | 3 | 3 | 2 | 2 | 1 | - | 1 | 1 | 1 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $189.43M | $232.59M | $250.82M | $260.88M | $306.98M | $374.00M | $342.61M | $291.91M | $299.97M | $268.73M | $194.59M | $142.68M | $107.04M | $64.10M | $85.09M | $75.11M | $92.58M | $78.20M |
| Avg Forecast | $198.89M | $210.62M | $199.48M | $195.05M | $187.58M | $201.41M | $191.27M | $185.74M | $187.69M | $207.24M | $256.85M | $193.99M | $229.78M | $232.03M | $233.50M | $205.32M | $325.12M | $251.21M | $212.27M | $208.27M | $257.01M | $181.59M | $103.54M | $60.14M | $105.15M | $27.41M | $80.64M | $45.82M | $89.75M | $44.48M |
| High Forecast | $222.89M | $236.04M | $223.55M | $218.59M | $210.22M | $225.72M | $214.35M | $208.16M | $207.56M | $232.25M | $308.22M | $217.40M | $233.54M | $260.03M | $280.20M | $230.10M | $390.14M | $251.21M | $254.73M | $249.92M | $308.41M | $183.53M | $124.24M | $72.17M | $126.18M | $32.90M | $96.77M | $54.98M | $107.70M | $53.37M |
| Low Forecast | $192.07M | $203.40M | $192.64M | $188.36M | $181.15M | $194.51M | $184.71M | $179.37M | $167.82M | $200.14M | $205.48M | $187.34M | $227.28M | $224.08M | $186.80M | $198.28M | $260.09M | $251.21M | $169.82M | $166.62M | $205.61M | $178.88M | $82.83M | $48.11M | $84.12M | $21.93M | $64.51M | $36.66M | $71.80M | $35.58M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.82% | 1.00% | 1.07% | 1.27% | 0.94% | 1.49% | 1.61% | 1.40% | 1.17% | 1.48% | 1.88% | 2.37% | 1.02% | 2.34% | 1.06% | 1.64% | 1.03% | 1.76% |
1 analysts predict ATKR's average Quarter EBITDA for Dec 23 to be $193.99M, with a high of $217.40M and a low of $187.34M. This is 2.40% upper than Atkore's previous annual EBITDA (Sep 23) of $189.43M.
Atkore Net Income Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | - | - | - | - | 2 | 3 | 2 | - | 1 | 4 | 3 | 3 | 2 | 2 | 1 | - | 1 | 1 | 1 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $140.93M | $201.29M | $174.19M | $173.49M | $220.80M | $254.31M | $233.48M | $204.84M | $202.56M | $175.30M | $124.93M | $85.07M | $54.24M | $24.08M | $39.19M | $34.79M | $46.00M | $36.55M |
| Avg Forecast | $104.72M | $128.71M | $120.28M | $111.31M | $92.46M | $118.94M | $111.22M | $100.56M | $90.30M | $146.27M | $174.85M | $132.11M | $149.43M | $156.41M | $158.96M | $145.87M | $219.54M | $194.15M | $144.51M | $146.15M | $173.55M | $116.16M | $66.47M | $40.55M | $53.29M | $14.55M | $61.80M | $29.70M | $44.59M | $31.33M |
| High Forecast | $121.15M | $148.90M | $139.16M | $128.78M | $106.96M | $137.60M | $128.67M | $116.34M | $115.17M | $169.22M | $209.82M | $152.83M | $153.45M | $180.94M | $190.75M | $168.76M | $263.45M | $194.15M | $173.41M | $175.38M | $208.26M | $117.77M | $79.77M | $48.66M | $63.94M | $17.46M | $74.16M | $35.64M | $53.51M | $37.59M |
| Low Forecast | $100.05M | $122.97M | $114.92M | $106.35M | $88.34M | $113.64M | $106.26M | $96.08M | $65.44M | $139.76M | $139.88M | $126.22M | $143.20M | $149.44M | $127.17M | $139.37M | $175.63M | $194.15M | $115.61M | $116.92M | $138.84M | $113.90M | $53.18M | $32.44M | $42.63M | $11.64M | $49.44M | $23.76M | $35.67M | $25.06M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 1.29% | 1.10% | 1.19% | 1.01% | 1.31% | 1.62% | 1.40% | 1.17% | 1.51% | 1.88% | 2.10% | 1.02% | 1.66% | 0.63% | 1.17% | 1.03% | 1.17% |
Atkore's average Quarter net income forecast for Dec 23 is $132.11M, with a range of $126.22M to $152.83M. ATKR's average Quarter net income forecast represents a -6.26% decrease compared to the company's last Quarter net income of $140.93M (Sep 23).
Atkore SG&A Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | - | - | - | - | 2 | 3 | 2 | - | 1 | 4 | 3 | 3 | 2 | 2 | 1 | - | 1 | 1 | 1 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $97.01M | $103.02M | $98.20M | $89.98M | $107.02M | $95.95M | $88.92M | $78.15M | $82.77M | $81.83M | $67.34M | $61.08M | $54.76M | $46.16M | $62.36M | $56.22M | $68.88M | $59.05M |
| Avg Forecast | $88.41M | $93.62M | $88.67M | $86.70M | $83.38M | $89.53M | $85.02M | $82.56M | $83.43M | $92.12M | $66.59M | $86.23M | $102.14M | $103.14M | $60.54M | $91.27M | $89.71M | $111.67M | $55.03M | $55.76M | $70.91M | $80.72M | $35.83M | $29.11M | $53.80M | $27.89M | $52.09M | $47.99M | $66.77M | $50.61M |
| High Forecast | $99.08M | $104.92M | $99.37M | $97.16M | $93.45M | $100.33M | $95.28M | $92.53M | $92.26M | $103.24M | $79.91M | $96.64M | $103.81M | $115.59M | $72.65M | $102.28M | $107.65M | $111.67M | $66.04M | $66.91M | $85.10M | $81.58M | $43.00M | $34.94M | $64.56M | $33.47M | $62.51M | $57.59M | $80.13M | $60.74M |
| Low Forecast | $85.38M | $90.41M | $85.63M | $83.73M | $80.52M | $86.46M | $82.11M | $79.73M | $74.60M | $88.96M | $53.27M | $83.27M | $101.03M | $99.60M | $48.43M | $88.14M | $71.77M | $111.67M | $44.03M | $44.61M | $56.73M | $79.51M | $28.66M | $23.29M | $43.04M | $22.31M | $41.67M | $38.39M | $53.42M | $40.49M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 1.00% | 1.62% | 0.99% | 1.19% | 0.86% | 1.62% | 1.40% | 1.17% | 1.01% | 1.88% | 2.10% | 1.02% | 1.66% | 1.20% | 1.17% | 1.03% | 1.17% |
Atkore's average Quarter SG&A projection for Dec 23 is $86.23M, based on 1 Wall Street analysts, with a range of $83.27M to $96.64M. The forecast indicates a -11.11% fall compared to ATKR last annual SG&A of $97.01M (Sep 23).
Atkore EPS Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | - | - | - | - | 2 | 3 | 2 | - | 1 | 4 | 3 | 3 | 2 | 2 | 1 | - | 1 | 1 | 1 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $3.68 | $5.20 | $4.37 | $4.26 | $5.24 | $5.81 | $5.14 | $4.38 | $4.33 | $3.69 | $2.62 | $1.78 | $1.12 | $0.50 | $0.81 | $0.72 | $0.96 | $0.77 |
| Avg Forecast | $2.86 | $3.52 | $3.29 | $3.04 | $2.52 | $3.25 | $3.04 | $2.75 | $2.47 | $3.99 | $3.76 | $3.61 | $4.08 | $4.27 | $4.27 | $3.98 | $5.08 | $5.22 | $3.75 | $3.56 | $3.84 | $3.08 | $1.83 | $1.20 | $0.68 | $0.48 | $0.85 | $0.82 | $0.98 | $0.91 |
| High Forecast | $3.31 | $4.07 | $3.80 | $3.52 | $2.92 | $3.76 | $3.51 | $3.18 | $3.15 | $4.62 | $4.35 | $4.17 | $4.19 | $4.94 | $4.94 | $4.61 | $5.88 | $5.22 | $3.80 | $3.61 | $3.90 | $3.12 | $1.86 | $1.22 | $0.68 | $0.49 | $0.86 | $0.83 | $0.99 | $0.92 |
| Low Forecast | $2.73 | $3.36 | $3.14 | $2.90 | $2.41 | $3.10 | $2.90 | $2.62 | $1.79 | $3.82 | $3.59 | $3.45 | $3.91 | $4.08 | $4.08 | $3.81 | $4.86 | $5.22 | $3.68 | $3.49 | $3.77 | $3.02 | $1.80 | $1.18 | $0.66 | $0.47 | $0.84 | $0.80 | $0.96 | $0.89 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 1.22% | 1.02% | 1.07% | 1.03% | 1.11% | 1.37% | 1.23% | 1.13% | 1.20% | 1.43% | 1.48% | 1.66% | 1.04% | 0.95% | 0.88% | 0.98% | 0.84% |
According to 1 Wall Street analysts, Atkore's projected average Quarter EPS for Dec 23 is $3.61, with a low estimate of $3.45 and a high estimate of $4.17. This represents a -1.96% decrease compared to ATKR previous annual EPS of $3.68 (Sep 23).
Atkore Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ATKR | Atkore | $86.36 | $138.80 | 60.72% | Buy |
| KE | Kimball Electronics | $18.12 | $23.75 | 31.07% | Buy |
| ENR | Energizer | $29.08 | $37.67 | 29.54% | Hold |
| NVT | nVent Electric | $65.83 | $82.80 | 25.78% | Buy |
| AEIS | Advanced Energy Industries | $98.63 | $121.25 | 22.93% | Buy |
| ENS | EnerSys | $99.01 | $118.00 | 19.18% | Buy |
| AYI | Acuity Brands | $258.04 | $285.00 | 10.45% | Hold |
| HUBB | Hubbell | $404.63 | $343.00 | -15.23% | Hold |
| VRT | Vertiv | $85.76 | $64.11 | -25.24% | Buy |
ATKR Forecast FAQ
Is Atkore a good buy?
Yes, according to 7 Wall Street analysts, Atkore (ATKR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 71.43% of ATKR's total ratings.
What is ATKR's price target?
Atkore (ATKR) average price target is $138.8 with a range of $100 to $190, implying a 60.72% from its last price of $86.36. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Atkore stock go up soon?
According to Wall Street analysts' prediction for ATKR stock, the company can go up by 60.72% (from the last price of $86.36 to the average price target of $138.8), up by 120.01% based on the highest stock price target, and up by 15.79% based on the lowest stock price target.
Can Atkore stock reach $130?
ATKR's average twelve months analyst stock price target of $138.8 supports the claim that Atkore can reach $130 in the near future.
What is Atkore's current price target trend?
1 Wall Street analyst forecast a $105 price target for Atkore (ATKR) this month, up 21.58% from its last price of $86.36. Compared to the last 3 and 12 months, the average price target increased by 65.01% and increased by 81.10%, respectively.
What are Atkore's analysts' financial forecasts?
Atkore's analysts financial forecasts for the fiscal year (Sep 2025) are as follows: average revenue is $3.07B (high $3.44B, low $2.96B), average EBITDA is $766M (high $858.45M, low $739.74M), average net income is $423.17M (high $489.57M, low $404.32M), average SG&A $340.5M (high $381.59M, low $328.82M), and average EPS is $11.56 (high $13.37, low $11.04). ATKR's analysts financial forecasts for the fiscal year (Sep 2026) are as follows: average revenue is $3.22B (high $3.61B, low $3.11B), average EBITDA is $804.04M (high $901.07M, low $776.47M), average net income is $465.02M (high $537.98M, low $444.3M), average SG&A $357.4M (high $400.54M, low $345.15M), and average EPS is $12.7 (high $14.69, low $12.13).
Did the ATKR's actual financial results beat the analysts' financial forecasts?
Based on Atkore's last annual report (Sep 2023), the company's revenue was $3.52B, which missed the average analysts forecast of $3.58B by -1.76%. Apple's EBITDA was $893.49M, missing the average prediction of $900.62M by -0.79%. The company's net income was $689.9M, beating the average estimation of $610.66M by 12.98%. Apple's SG&A was $388.21M, beating the average forecast of $357.08M by 8.72%. Lastly, the company's EPS was $17.51, beating the average prediction of $16.6 by 5.45%. In terms of the last quarterly report (Sep 2023), Atkore's revenue was $869.89M, missing the average analysts' forecast of $920.42M by -5.49%. The company's EBITDA was $189.43M, missing the average prediction of $229.78M by -17.56%. Atkore's net income was $140.92M, missing the average estimation of $149.43M by -5.69%. The company's SG&A was $97.01M, missing the average forecast of $102.14M by -5.02%. Lastly, the company's EPS was $3.68, missing the average prediction of $4.08 by -9.82%