ATMU
Atmus Filtration Technologies Inc.
NYSE: ATMU · CONSUMER CYCLICAL · AUTO PARTS
$56.60
-2.75% today
Updated 2026-06-05
Market cap
$4.07B
P/E ratio
19.53
P/S ratio
2.23x
EPS (TTM)
$2.55
Dividend yield
0.45%
52W range
$34 – $66
Volume
1.4M
Atmus Filtration Technologies Inc. (ATMU) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed ATMU price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$56.60
Today
Analyst consensus
$56.75
+0.27% · 12M
2030 Base
$40.66
-28.16% future
NPV today
$23.53
@ 13% WACC
7 analysts:
4 Buy3 Hold0 Sell
Management guidance
Management has not issued explicit multi-year revenue targets through 2030. However, recent Q1 2026 earnings guidance indicates confidence in 2H 2026 recovery driven by first-fit market improvement and Cook Filter integration on track. CEO cited flat global aftermarket with growth in India/Latin America offsetting agriculture weakness, plus margin expansion initiatives targeting synergy realization.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
ATMU · Atmus Filtration Technologies Inc. · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
$40.66
NPV today: $23.53
Base case (2030)
$40.66
NPV today: $23.53
Bull case (2030)
$75.15
NPV today: $43.48
WallStSmart.com
ATMU financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $1.8B | $2.0B | $2.2B | $2.4B | $2.6B | $2.8B |
| Revenue growth | 5.7% | 15.3% | 7.6% | 8.9% | 9.0% | 9.4% |
| Net margin | — | 12.0% | 12.3% | 12.8% | 13.2% | 13.6% |
| EPS | $2.73 | $2.98 | $3.28 | $3.72 | $4.15 | $4.68 |
| Diluted shares | — | 82M | 82M | 82M | 82M | 82M |
| Net debt | — | $191.74M | $39.06M | $-127.25M | $-308.59M | $-507.05M |
| P/S multiple | — | 1.0x | 1.0x | 1.0x | 1.0x | 1.0x |
| Implied price (base) | — | $22.46 | $26.17 | $30.52 | $35.30 | $40.66 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $2.8B | $2.8B | $2.8B |
| P/S multiple | 1.0x | 1.0x | 2.0x |
| Diluted shares | 82M | 82M | 82M |
| Net debt | $-507.05M | $-507.05M | $-507.05M |
| Implied P/E † | 9x | 9x | 16x |
| 2030 Price | $40.66 | $40.66 | $75.15 |
| NPV @ 13% | $23.53 | $23.53 | $43.48 |
† Implied P/E: Multiples remain elevated across all three scenarios because ATMU is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $40.66 base case
ATMU catalysts and risks
Growth catalysts
+ Cook Filter acquisition integration and synergy realization (on track per management)
+ First-fit market recovery in 2H 2026 as supply chains normalize and distribution expands
+ Margin expansion from operational leverage and manufacturing efficiency improvements
+ India and Latin America aftermarket growth offsetting mature market saturation
+ New leadership in supply chain (Kevin Carpenter appointment) supporting cost/efficiency initiatives
Key risks
- Flat global aftermarket demand, particularly agriculture segment weakness
- Geopolitical headwinds (Middle East conflict impact cited in Q1 2026 call)
- High leverage (Debt/Equity 2.62x) limits financial flexibility for acquisitions or downturns
- Auto parts supplier cyclicality tied to OEM production and consumer vehicle sales
- Integration execution risk on Koch Filter (formerly Cook Filter) acquisition
Methodology · Atmus Filtration Technologies Inc. 2030 stock forecast model
Atmus Filtration Technologies Inc. 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 7 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (1% cumulative for ATMU by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory ($-507.05M by 2030) |
| 3. Time value | NPV calculated using 13% WACC (CAPM: beta 1.479) |
| 4. Multiple framework | P/S compresses with scale: bear 1.0x / base 1.0x / bull 2.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: May 21, 2026.
ATMU price target FAQ
What is the ATMU price target for 2030?
WallStSmart's Atmus Filtration Technologies Inc. 2030 base case is $40.66 per share, with a bull case of $75.15 and bear case of $40.66. The NPV of the base case discounted to today at 13% WACC is $23.53.
How is the Atmus Filtration Technologies Inc. 2030 stock forecast calculated?
The ATMU 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
Why does the ATMU price target account for dilution?
Atmus Filtration Technologies Inc. is projected to grow diluted share count from 82M to 82M by 2030 (a 1% increase) through stock-based compensation and capital raises. Ignoring this would inflate the price target by approximately 1%.
What is the analyst consensus on ATMU stock?
7 analysts cover ATMU with an average 12-month price target of $56.75. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.