June 1, 2026 - Analysts have reduced their price target for Alpha Metallurgical Resources by $10 to $194.50, citing updated assumptions related to fair value, discount rate, revenue growth, profit margin, and future P/E.

• From January 1, 2026 to April 30, 2026, Alpha Metallurgical Resources repurchased 121,551 shares for US$59.71 million, equal to 0.95% of the company. (Key Developments)
• The company has now completed the repurchase of 7,000,000 shares under its existing buyback program announced on March 7, 2022. (Key Developments)
• Those 7,000,000 shares represent 44.29% of the company, with total spending of US$1.2 billion under the buyback authorization. (Key Developments)

• Fair Value: updated from $204.50 to $194.50, a reduction of $10.00 in the modelled estimate.
• Discount Rate: adjusted from 8.14% to 8.49%, indicating a slightly higher required return in the model.
• Revenue Growth: revised from 11.51% to 12.92%, reflecting a modestly higher projected growth rate.
• Net Profit Margin: moved from 19.17% to 19.12%, a small downward adjustment in expected profitability.
• Future P/E: reduced from 5.24x to 4.67x, pointing to a lower valuation multiple applied to future earnings in the updated assumptions.