HWM

HWM

Howmet Aerospace Inc.

Company Information

SectorIndustrials
IndustryAerospace & Defense
Market Cap$81.82B
Analysts Rating2.2/5

Recommendation Details

PortfolioLargecap Short
DateNov 12, 2026
ForecastQ Daily Probabilities
75.9%
16.7%
9.0%

Company Description

Howmet Aerospace Inc., headquartered in Pittsburgh, Pennsylvania, and originally established in 1888 as Arconic Inc., is a global leader in providing sophisticated engineered solutions. The company caters to the aerospace and transportation sectors across a wide international footprint, including key markets such as the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, and China. Its business operations are structured into four main segments: Engine Products: This division manufactures critical components like airfoils and seamless rolled rings, primarily utilized in aircraft engines and industrial gas turbines, alongside various rotating and structural parts. Fastening Systems: This segment specializes in producing aerospace-grade fastening systems, as well as fasteners for commercial transportation, general industrial applications, and other uses. Engineered Structures: Responsible for supplying titanium ingots and mill products for aerospace and defense applications, this segment also provides aluminum and nickel forgings, and precision machined components and assemblies. Forged Wheels: This segment focuses on offering forged aluminum wheels and associated products specifically for the heavy-duty truck and commercial transportation markets.

Recent News & Events

Q3 beat with raised 2026/2027 guidance and a new $5B buyback support a positive bias, but recent analyst price-target cuts and capacity/investment concerns temper near-term upside.

POSITIVEOct 29, 2026
Earnings Report

Q3 2026 beat, guidance raised, $5B buyback authorized

Howmet reported Q3 2026 revenue of $2.70B (+29% YoY, above ~$2.59B consensus) and adjusted EPS of $1.46 (vs $1.37 consensus), and raised FY2026 revenue midpoint by $250M to $10.3B and adjusted EPS to $5.50. The Board also authorized a $5B increase to the buyback (total ~$5.4B) and management guided FY2027 revenue to ~$11.5B (+~12%). The beat-and-raise plus large capital return is a clear positive catalyst, though the release is now ~2 weeks old and largely priced in.

Howmet Aerospace Press Release
NEGATIVENov 7, 2026
Analyst Rating/Price Target Change

UBS and Susquehanna cut price targets post-Q3

Following the Q3 print, UBS maintained Neutral but lowered its target to $230 from $255, and Susquehanna maintained Positive while trimming its target to $275 from $340. Target cuts despite the beat signal valuation/capacity-spend caution and can weigh on near-term sentiment.

TradingView News
POSITIVENov 7, 2026
Industry/Demand Update

Gas turbine capacity sold out through 2031

Management said major gas turbine customers report 2031 capacity is sold out, with 2032 likely to sell out within one to two quarters, and gas turbines revenue grew 45% YoY. This reinforces a multi-year growth narrative and supports positive sentiment around demand visibility.

TradingView News
POSITIVENov 10, 2026
Analyst Commentary

CNBC commentator flags buy-the-dip opportunity

A CNBC piece argued it is time to buy the dip in this key aerospace supplier, citing continued rapid growth despite competition concerns and management's raised guidance. Retail/media bullish commentary can modestly support near-term sentiment.

CNBC
NEUTRALNov 11, 2026
Market Commentary

Stock weighs stronger growth against capacity demands

Recent coverage notes HWM remains in focus after the Q3 release showed accelerating demand and another guidance raise, while the market weighs elevated capex needs against growth. This is largely sentiment framing rather than a discrete new catalyst.

ad-hoc-news.de

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