🟢 Allegheny Technologies is trading 16.4% up in after-hours trading on potential 2027 $1.35B EBITDA run rate

Allegheny Technologies is trading 16.4% higher at $214.29 in after-hours trading, as management pointed to a potential $1.35 billion EBITDA run rate entering 2027.

• Second-quarter EBITDA increased 57% year over year, while companywide margins reached 23%.
• Aerospace and defense approached 70% of sales.
• Management cited approximately 50% incremental margins for the remainder of 2026.