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ATS Corporation ( (TSE:ATS) ) has shared an update.
On December 16, 2025, ATS Corporation announced a leadership transition, appointing Doug Wright as its new chief executive officer and a member of the board of directors, with his tenure to begin on or before January 14, 2026. Wright brings extensive experience leading diversified industrial and technology-focused businesses, including prior roles as CEO of Indicor, President and CEO of Honeywell’s Building Technologies segment, CEO of Source Photonics, and senior leadership positions at United Technologies (now Raytheon Technologies) and Ingersoll Rand, signaling ATS’s intent to strengthen its strategic direction and operational leadership. During the transition, interim CEO Ryan McLeod will continue in that role until Wright assumes the position, at which point McLeod will revert to his previous role as chief financial officer, providing continuity for investors, employees, and other stakeholders.
The most recent analyst rating on (TSE:ATS) stock is a Buy with a C$52.00 price target. To see the full list of analyst forecasts on ATS Corporation stock, see the TSE:ATS Stock Forecast page.
Spark’s Take on TSE:ATS Stock
According to Spark, TipRanks’ AI Analyst, TSE:ATS is a Neutral.
ATS Corporation’s overall stock score reflects strong revenue growth and cash flow generation, as highlighted in the earnings call, which are significant positives. However, profitability challenges, as indicated by the negative P/E ratio and net profit margin, weigh heavily on the score. Technical indicators suggest potential resistance, and while corporate events provide positive visibility, they are less impactful on the overall score.
To see Spark’s full report on TSE:ATS stock, click here.
More about ATS Corporation
ATS Corporation is a Canadian-based industrial company headquartered in Cambridge, Ontario, that designs and delivers specialized automation and industrial solutions for a range of manufacturing and technology customers across niche markets.
Average Trading Volume: 164,789
Technical Sentiment Signal: Sell
Current Market Cap: C$3.61B
For a thorough assessment of ATS stock, go to TipRanks’ Stock Analysis page.