ATS Corporation Common Shares (ATS) Stock Analysis — Latest Investor Quotes & Trade Calls

Air Test System: A small-cap play with multibagger potential

"Now we're going to look at company number five and this is Air Test System. This is a very small company at 713 million, and it focuses on testing and burning solutions—basically stress testing chips at both the wafer and chip levels. They continue to sign contracts and are showing proof that demand for their AI processor solutions is rising. It's not a yolo play, but it could very well be a multibagger opportunity as they transition from a declining electric vehicle focus to a growth area in AI."

Air Test System is highlighted as a small-cap opportunity transitioning from its EV roots into AI chip testing, with growing contract activity that could result in significant returns.

"ATS (earnings update): 1Q26 Revs +6% to $736.7m (-1.2% organic) beat est., but EPS missed at $0.41 vs $0.42 est. Margins compressed to 10.7% from 12.4%. Bookings -15.2% with B/B=0.94. Backlog +10% to $2.07bn. 2Q outlook: Revs +14-20% with improving margins 'might not be linear.'"

"ATS: Bought 80% more at C$40.76 (+3% portfolio weight to 6%) on 10% dip after CEO departure to larger Baxter Int'l. View this as CEO career advancement, not negative signal. ATS has solid organization, encouraging tailwinds. Used margin instead of trimming ET position despite considering it after ET's muted solid earnings reaction."