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Metallus Forecasts Stronger 2026 Amid Labor Deal, Investments

Story Highlights
  • Metallus grew 2025 sales and shipments but ended the year with a small net loss and softer adjusted EBITDA as maintenance, pricing and mix pressures offset operational improvements.
  • The company strengthened its balance sheet and strategic position with robust liquidity, government-funded capacity projects, a new four-year union contract and guidance for improving profitability through 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Metallus Forecasts Stronger 2026 Amid Labor Deal, Investments

Meet Samuel – Your Personal Investing Prophet

The latest update is out from Metallus ( (MTUS) ).

On February 19, 2026, Metallus reported fourth-quarter 2025 net sales of $267.3 million, down 13% sequentially but up 11% year-on-year, with a net loss of $14.3 million as shutdown maintenance, lower volumes and weaker mix weighed on margins, though shipments rose 14% versus the prior-year quarter. For full-year 2025, net sales climbed 7% to $1.2 billion on a 14% increase in ship tons and higher surcharge revenues, but the company posted a small net loss of $1.2 million and modestly lower adjusted EBITDA than in 2024 as pricing and mix offset operational gains.

Metallus ended 2025 with $156.7 million in cash, $389.2 million in total liquidity and $109.0 million of capital expenditures, including substantial U.S. government-funded projects that support capacity expansion for munitions-related production. The company repurchased 0.9 million shares and settled convertible notes equal to 3.8% of shares outstanding, secured a four-year labor agreement with the United Steelworkers on February 5, 2026, and signaled confidence in 2026 by forecasting sequentially improving adjusted EBITDA, higher shipments, better cost absorption after maintenance, and reduced required pension contributions alongside ongoing government-backed investment in key assets.

The most recent analyst rating on (MTUS) stock is a Hold with a $21.00 price target. To see the full list of analyst forecasts on Metallus stock, see the MTUS Stock Forecast page.

Spark’s Take on MTUS Stock

According to Spark, TipRanks’ AI Analyst, MTUS is a Neutral.

Metallus’ overall stock score is driven by strong earnings call highlights and positive technical indicators. However, financial performance challenges and valuation concerns weigh heavily on the score. The company’s focus on strategic growth in aerospace and defense is a positive, but profitability and cash flow issues need addressing to improve the stock’s attractiveness.

To see Spark’s full report on MTUS stock, click here.

More about Metallus

Metallus (NYSE: MTUS), based in Canton, Ohio, is a producer of high-quality specialty metals, manufactured components and supply chain solutions, with a growing focus on aerospace and defense markets. In 2025, aerospace and defense sales rose 19% to $160.6 million, lifting that segment’s share of company revenue to 14%, up from 12% in 2024 and 8% in 2023, underscoring a strategic pivot toward defense-linked demand.

Average Trading Volume: 352,475

Technical Sentiment Signal: Buy

Current Market Cap: $874.6M

For detailed information about MTUS stock, go to TipRanks’ Stock Analysis page.

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