Howmet Aerospace (HWM) Stock Overview
Provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
HWM Community Fair Values
Create NarrativeSee what 142 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Howmet Aerospace Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$256.55 |
| 52 Week High | US$280.74 |
| 52 Week Low | US$160.01 |
| Beta | 1.19 |
| 1 Month Change | 6.51% |
| 3 Month Change | -0.60% |
| 1 Year Change | 55.40% |
| 3 Year Change | 489.77% |
| 5 Year Change | 623.08% |
| Change since IPO | 1,255.97% |
Recent News & Updates
Recent updates
Seeking Alpha • May 21
Howmet Aerospace: Upgrade To Buy As Earnings Power Is A Lot Stronger Than I Thought
Summary Howmet Aerospace (HWM) is upgraded to Buy as earnings power and growth momentum strengthen, despite a demanding valuation. Q1 2026 saw revenue up 19% y/y, adj. EBITDA up 32% y/y, and adj. EPS up 42% y/y, driven by commercial aero spares and IGT. Commercial aero spares now comprise a larger, higher-margin revenue share, providing more durable growth less tied to new aircraft production. IGT demand is accelerating, supported by data center and microgrid trends, with capacity expansions positioning HWM for continued multi-year growth. Read the full article on Seeking Alpha
Narrative Update • Apr 28
HWM: Aerospace And Turbine Demand Will Support Premium Future P/E Profile
Analysts kept the $315 price target unchanged for Howmet Aerospace, with modest tweaks to discount rate, revenue growth, profit margin, and future P/E assumptions. These changes reflect a balance between recent Q4 upside, sector-weight and neutral initiations, and a mix of higher and lower individual firm targets across the Street.Narrative Update • Apr 14
HWM: Aerospace And Turbine Demand Will Support Premium Future P/E Multiple
The analyst price target for Howmet Aerospace remains at $315. Recent research ties this level to views that the company can support a premium future P/E multiple, slightly higher revenue growth assumptions, and continued strength across aerospace and gas turbine markets, even as some firms have adjusted individual targets up or down following the latest Q4 beat and 2026 outlook.Narrative Update • Mar 30
HWM: Aerospace And Turbine Demand Will Support Premium Future Earnings Multiple
Analysts are converging around a higher outlook for Howmet Aerospace, with several firms lifting price targets into the $265 to $315 range as they highlight stronger end market growth, record margins, and what they see as a business capable of supporting a premium P/E multiple. Analyst Commentary Bullish analysts are leaning into a constructive view on Howmet Aerospace, pointing to execution, earnings outperformance, and exposure to healthy end markets as key drivers behind a wave of higher price targets into the mid US$200s to low US$300s.Narrative Update • Mar 16
HWM: Aerospace And Turbine Demand And Record Margins Will Support Future Earnings
Analysts have lifted their average price target for Howmet Aerospace to $315, supported by research that highlights broad target increases in the $265 to $315 range, citing record margins, strong aerospace and gas turbine demand, and what they describe as solid execution across the portfolio. Analyst Commentary Bullish analysts are clustering their targets for Howmet Aerospace in a higher band between $265 and $315, with several pointing to record margins, strong aerospace and gas turbine demand, and what they view as consistent execution as key supports for these levels.Narrative Update • Mar 02
HWM: Aerospace And Gas Turbine Demand Will Support Sustained Future Earnings Power
Analysts have raised their average price target for Howmet Aerospace to $315 from about $286, citing stronger margin expectations, slightly revised growth assumptions, and a higher forward P/E multiple supported by recent earnings results and broad price target increases across Wall Street. Analyst Commentary Bullish analysts are largely supportive of the higher average price target, pointing to recent earnings, margin performance, and end market demand as key pillars behind their updated views on Howmet Aerospace.
Narrative Update • Feb 16
HWM: Elevated Expectations Around Aerospace Demand Will Likely Magnify Execution Risk
Analysts have lifted their price targets on Howmet Aerospace, supporting a move in our fair value estimate from $121.54 to $214.92 as they highlight above trend growth across the portfolio, stronger aerospace and gas turbine demand, expanding margins, and durable pricing power that feeds into higher revenue growth, profit margin, and future P/E assumptions. Analyst Commentary Recent research on Howmet Aerospace points to generally constructive sentiment, with several firms lifting price targets and updating models after the latest earnings.Analysis Article • Feb 15
Howmet Aerospace Inc. (NYSE:HWM) Analysts Are Pretty Bullish On The Stock After Recent Results
It's been a pretty great week for Howmet Aerospace Inc. ( NYSE:HWM ) shareholders, with its shares surging 12% to...Narrative Update • Feb 02
HWM: Aircraft Production And Aftermarket Demand Will Support Sustained Future Earnings Power
Analysts have slightly raised their fair value estimate for Howmet Aerospace to reflect modestly updated assumptions around discount rates, revenue growth, margins, and future P/E. They cite recent price target increases across the Street that are tied to sector momentum, rising aircraft production, and sustained aftermarket demand.Narrative Update • Jan 19
HWM: Aero And Turbine Demand Strength Will Support Sustained Future Earnings Power
Narrative Update Analysts have lifted the implied price target for Howmet Aerospace from about $250 to roughly $284, citing refreshed models that reflect updated discount rate assumptions, slightly higher revenue growth expectations, modestly lower profit margin inputs, and a higher future P/E multiple supported by recent sector research. Analyst Commentary Recent Street research on Howmet Aerospace has leaned clearly positive, with several bullish analysts lifting price targets and reinforcing constructive views on execution and growth.Analysis Article • Jan 05
Why The 21% Return On Capital At Howmet Aerospace (NYSE:HWM) Should Have Your Attention
There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
Narrative Update • Jan 05
HWM: Future Margin Upside Will Rely On Aero Spares And Data Center Demand
Narrative Update: Howmet Aerospace Analysts have lifted their blended price target for Howmet Aerospace to about US$234 from roughly US$232, citing stronger high margin growth expectations, slightly higher projected revenue growth and profit margins, and a modestly lower assumed discount rate that align with recent price target increases to US$225, US$240, and US$250 following Q3 beats and upbeat guidance. Analyst Commentary Recent research updates on Howmet Aerospace have leaned firmly positive, with several bullish analysts lifting price targets after Q3 results and updated management commentary.Narrative Update • Dec 18
HWM: High-Margin Aero And Turbine Demand Will Drive Strong Upside Ahead
Analysts have lifted their price target on Howmet Aerospace to $250 from $159.65, citing accelerating high margin growth, stronger than expected Q3 results with improved guidance, and sustained demand tailwinds across aero production, engine spares, and industrial gas turbines. Analyst Commentary Bullish analysts have reiterated a constructive view on Howmet Aerospace, pointing to a combination of strong execution, rising earnings power, and durable end market demand as key drivers behind a series of upward price target revisions and rating upgrades.Narrative Update • Dec 04
HWM: Future Margin Expansion Will Be Driven By Rising Aero Engine Spares Demand
Analysts have raised their price target on Howmet Aerospace to $250 from $215, citing accelerating high margin growth, sustained double digit revenue expectations through 2026, and strengthening demand across aero and industrial gas turbine end markets. Analyst Commentary Street research remains overwhelmingly constructive on Howmet Aerospace, with multiple firms lifting price targets in response to strong quarterly execution and a clearer long term growth algorithm through 2026.Narrative Update • Nov 20
HWM: Future Margin Expansion Will Be Driven By Higher Production Rates
Analysts have increased their price target for Howmet Aerospace from $225 to $232 per share. They cite the company’s stronger revenue growth outlook, robust margin performance, and continued optimism for high-margin expansion across its end-markets.Narrative Update • Nov 05
HWM: Future Margins And Production Rates Will Drive Measured Opportunity And Risks
Analysts have raised their price target for Howmet Aerospace from $212 to $225, citing stronger-than-expected third quarter results, improved guidance, and ongoing momentum in key end-markets as primary drivers for the positive revision. Analyst Commentary Recent analyst activity reflects a constructive stance on Howmet Aerospace following its outperformance in the third quarter and upgraded financial guidance.Narrative Update • Oct 22
Analysts Raise Howmet Aerospace Price Target as Margin Expansion Drives Renewed Optimism
Howmet Aerospace's fair value target has been revised upward by analysts from approximately $206.38 to $211.99. This change reflects increased confidence in the company's margin expansion and resilience against industry headwinds following recent earnings updates.Narrative Update • Oct 08
Asia Pacific Air Travel And Defense Demand Will Expand Capacity
Howmet Aerospace's fair value target has been raised from $204.31 to $206.38. Analysts cite resilience in the aerospace supply chain along with continued confidence in the company's growth and margin expansion.Analysis Article • Jun 28
We Think Howmet Aerospace (NYSE:HWM) Can Stay On Top Of Its Debt
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Jun 13
Is There Now An Opportunity In Howmet Aerospace Inc. (NYSE:HWM)?
Howmet Aerospace Inc. ( NYSE:HWM ) led the NYSE gainers with a relatively large price hike in the past couple of weeks...Analysis Article • May 29
Is Now The Time To Put Howmet Aerospace (NYSE:HWM) On Your Watchlist?
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Seeking Alpha • Mar 30
Howmet Aerospace Could Be Out Of Runway
Summary Howmet Aerospace has been on a 95% rally this past year but could be seeing a plateau. Defense spending is looking to grow globally, and with a great FY2024 earnings, the FY2025 outlook is underwhelming for hyper-sensitive investors. Compared to the industry, Howmet Aerospace stock trades at a large premium. Read the full article on Seeking AlphaSeeking Alpha • Mar 19
Howmet Aerospace Has 2 Growth Engines At Play
Summary Howmet is positioned for durable growth in commercial aerospace and industrial gas turbines, potentially driving multi-year top-line growth and margin expansion. Despite Q4'24 challenges, HWM saw a 13% YoY sales increase in commercial aerospace and strong defense aerospace growth. Commercial aerospace is set to return to higher production yields in q1'25. Demand for natural gas turbines is expected to rise as hyperscalers seek to leverage gas with dedicated power sources in order to ensure constant electricity supply. Read the full article on Seeking AlphaSeeking Alpha • Feb 24
Howmet Aerospace: Here Is One Expensive Stock To Buy
Summary Howmet Aerospace reported strong earnings growth, with Q4 sales up 9% and EBITDA increasing 27%, driven by robust demand in commercial aerospace and defense segments. The company is well-positioned for future growth, with a 2025 sales guidance of 8% and EBITDA growth of 11%, supported by higher commercial airplane production. Despite appearing expensive, Howmet Aerospace's strong financial health, low debt, and focus on shareholder returns make it a compelling buy. The stock's growth potential is bolstered by opportunities in Boeing 737 and 787 production, and a strategic shift away from debt reduction to shareholder value. Read the full article on Seeking AlphaSeeking Alpha • Jan 22
Howmet Aerospace: Rating Upgrade As Near-Term Demand Outlook Can Support A Premium Multiple
Summary Upgraded Howmet Aerospace to a buy rating due to robust near-term growth outlook and potential for higher valuation multiples. Tight global aerospace supply chains boost HWM’s aftermarket segment as airlines rely on older aircraft, increasing maintenance and part replacement needs. Industrial gas turbines (IGTs) present significant growth potential for HWM, driven by AI and data center energy demands and regulatory tailwinds. Despite high valuation concerns, strong growth catalysts and market sentiment justify a buy rating, but investors should size positions carefully to mitigate risks. Read the full article on Seeking AlphaShareholder Returns
| HWM | US Aerospace & Defense | US Market | |
|---|---|---|---|
| 7D | -1.5% | 3.7% | 1.0% |
| 1Y | 55.4% | 30.2% | 28.7% |
Return vs Industry: HWM exceeded the US Aerospace & Defense industry which returned 30.2% over the past year.
Return vs Market: HWM exceeded the US Market which returned 28.7% over the past year.
Price Volatility
| HWM volatility | |
|---|---|
| HWM Average Weekly Movement | 5.2% |
| Aerospace & Defense Industry Average Movement | 9.2% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.4% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: HWM has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: HWM's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1888 | 25,430 | John Plant | www.howmet.com |
Howmet Aerospace Inc. provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. The Engine Products segment offers airfoils and seamless rolled rings primarily for aircraft engines and industrial gas turbines; and rotating and structural parts.
Howmet Aerospace Inc. Fundamentals Summary
| HWM fundamental statistics | |
|---|---|
| Market cap | US$103.98b |
| Earnings (TTM) | US$1.74b |
| Revenue (TTM) | US$8.62b |
58.9x
P/E Ratio11.9x
P/S RatioIs HWM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HWM income statement (TTM) | |
|---|---|
| Revenue | US$8.62b |
| Cost of Revenue | US$5.60b |
| Gross Profit | US$3.02b |
| Other Expenses | US$1.28b |
| Earnings | US$1.74b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.36 |
| Gross Margin | 35.05% |
| Net Profit Margin | 20.21% |
| Debt/Equity Ratio | 84.9% |
How did HWM perform over the long term?
See historical performance and comparisonDividends
0.2%
Current Dividend Yield11%
Payout RatioDoes HWM pay a reliable dividends?
See HWM dividend history and benchmarks| Howmet Aerospace dividend dates | |
|---|---|
| Ex Dividend Date | May 08 2026 |
| Dividend Pay Date | May 26 2026 |
| Days until Ex dividend | 16 days |
| Days until Dividend pay date | 2 days |
Does HWM pay a reliable dividends?
See HWM dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/22 16:44 |
| End of Day Share Price | 2026/05/22 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Howmet Aerospace Inc. is covered by 34 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Eade | Argus Research Company |
| Peter Arment | Baird |
| David Strauss | Barclays |