HWM · News · 20260807N

Guidance / Outlook

Howmet Aerospace Inc. · 2026-08-07 · Importance 75 · Surprise 60

Howmet Aerospace raised its full-year 2026 guidance after second-quarter results exceeded the high end of its prior outlook. Third-party reporting cited a revised full-year revenue range of approximately $10.0 billion to $10.1 billion, supported by commercial aerospace, defense, and industrial gas-turbine demand. Management also increased its outlook for earnings per share, EBITDA, and free cash flow. The company expects aerospace and gas-turbine demand to support capacity expansion and higher capital spending into 2027.

Key facts

• Multiple analysts and outlets raised price targets (examples: Susquehanna to $340, UBS to $326, RBC to $350) after Q2 results. source
• Some reports warned of an elevated P/E ratio of approximately 67 and valuation risk following the rally. source