Howmet Aerospace IncNYSE: HWM
Industrials · Aerospace & Defense
$270.69
+4.15%
Vol: 184K
Research Digest
Monday, June 15, 2026
No significant overnight updates
No material news in the last 48 hours.
Previous Market Intelligence
13 daysJun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 21Howmet Aerospace shares climbed 3.2% on May 20 as bullish aerospace super-cycle narrative continues post-Q1 beat.Positive▶
HWM rose roughly 3.2% on May 20 to about $261, extending gains driven by strong Q1 2026 earnings (revenue +19% YoY to $2.31B, adjusted EPS $1.22) and the company's raised full-year guidance ($9.65B revenue, $4.94 EPS). Bullish momentum reflects continued investor confidence in the commercial aerospace super-cycle, defense modernization, and gas-turbine demand tied to data center power buildouts. Analyst sentiment remains overwhelmingly Strong Buy with an average 12-month target near $302. Key risk is valuation stretch as the stock trades at a meaningful premium. CEO John Plant will present at Bernstein's SDC on May 27, a potential near-term catalyst.
May 20Howmet Aerospace delivered a strong Q1 'beat and raise', lifting 2026 revenue guidance by $550M and triggering a wave of analyst price-target hikes.Positive▶
On May 7, 2026, Howmet reported Q1 2026 results that beat across the board: revenue grew 19% YoY to $2.31B, adjusted EPS of $1.22 topped consensus by ~10% (up 42% YoY), adjusted EBITDA margin expanded 320 bps to 32.0%, and free cash flow hit a Q1 record of $359M. The company raised full-year revenue guidance by $550M to $9.65B and lifted adjusted EPS guidance by 11% to $4.94, with commercial aerospace up 20%, defense up 10%, and gas turbines surging 39%. Howmet repurchased $300M of stock in Q1 plus another $150M in April, and declared a $0.12 quarterly dividend payable May 26. Annual meeting was held May 19; CEO John Plant will present at Bernstein's Strategic Decisions Conference May 27. Multiple analysts raised price targets, including JPMorgan to $310, Jefferies to $320, UBS to $290, Morgan Stanley to $315, Deutsche Bank to $320, and Susquehanna to $330.
May 19Howmet Aerospace holds 2026 Annual Meeting of Shareholders on May 19, capping a strong May that saw multiple analyst price target hikes following a Q1 beat-and-raise.Positive▶
Howmet Aerospace is hosting its 2026 Annual Meeting of Shareholders on Tuesday, May 19, 2026, at 9:00 a.m. ET, following a strong Q1 2026 print earlier in the month where revenue grew 19% YoY to $2.31B, EBITDA margin expanded 320 bps to 32.0%, and EPS of $1.22 beat the $1.11 consensus. Management raised full-year 2026 revenue guidance by $550M to $9.65B and lifted adjusted EPS guidance 11% to $4.94. The setup matters because momentum is broad-based — commercial aerospace +20%, defense +10%, gas turbines +39% — and Fitch upgraded the company to A- in February. Capital returns also accelerated, with $300M in Q1 buybacks at an average price of $230.43. The bear case: with the stock having already rerated higher on the beat and multiple PT hikes (JPMorgan to $310, Jefferies to $320), expectations are elevated and the shares are vulnerable to any softness in commercial aerospace builds or defense budget delays.
May 18Howmet Aerospace to host 2026 Annual Meeting of Shareholders on May 19, following Q1 beat and raised full-year guidance.Positive▶
Howmet's Annual Shareholders Meeting is scheduled for Tuesday May 19, 2026 at 9:00 a.m. ET, days after the company reported Q1 2026 revenue of $2.31B (up 19% YoY) and adjusted EPS of $1.22 (vs $1.11 consensus). The company raised 2026 revenue guidance to $9.575-$9.725B and EPS to $4.88-$5.00, driven by 20% commercial aerospace growth and 39% gas turbine sales gains. Multiple analyst price target hikes followed (JPMorgan to $310, Jefferies to $320). Shares rallied 10.8% to ~$284 after the print. CEO John Plant will also present at Bernstein's Strategic Decisions Conference on May 27. Bear case: shares are now richly valued and exposed to commercial aerospace OEM production cycles (Boeing/Airbus) and any slowdown in defense or gas turbine orders.
May 15Howmet Aerospace will present at Bernstein's Strategic Decisions Conference May 27 following a strong Q1 beat-and-raise with revenue up 19% YoY.Positive▶
Howmet Aerospace announced CEO John C. Plant will speak at Bernstein's 42nd Annual Strategic Decisions Conference on May 27, 2026. The company's annual shareholder meeting is scheduled for May 19. Following its May 7 Q1 beat-and-raise (revenue $2.31B up 19%, EPS $1.22 vs $1.11 est), Howmet raised FY26 revenue guidance to $9.575-$9.725B and adjusted EPS to $4.88-$5.00. Q1 saw $300M in buybacks plus another $150M in April. Multiple analysts raised price targets: JPMorgan to $310, Deutsche Bank to $320, Susquehanna to $330, and Jefferies to $320. The board declared a $0.12 quarterly dividend payable May 26.
May 14Howmet Aerospace raises full-year outlook by $550M on broad-based aerospace strength, analysts hike targetsPositive▶
Howmet Aerospace reported Q1 2026 results on May 7 that exceeded the high end of guidance across revenue, adjusted EBITDA, margin and EPS, with revenue up 19% year over year to $2.31 billion and adjusted EBITDA margin expanding 320 basis points to 32.0%. Growth was broad-based with commercial aerospace up 20%, defense up 10%, and gas turbines surging 39%. Management raised full-year 2026 revenue guidance by $550 million to $9.65 billion and lifted adjusted EPS guidance by 11% to $4.94. Free cash flow more than doubled to $359 million, and the company repurchased $300 million of stock in Q1 plus another $150 million in April. JPMorgan raised its price target to $310 from $265, and Jefferies took its target to $320 from $315. The bear case is valuation risk if aerospace supply-chain demand normalizes.
May 13Howmet Aerospace jumps after Q1 blowout drives Jefferies and JPMorgan to raise price targets on engine demand surge.Positive▶
Howmet Aerospace posted Q1 2026 revenue of $2.31B (+19% YoY) and adjusted EPS of $1.22 (+42% YoY), beating across all metrics, with Engine Products revenue up 29% to $1.25B. Jefferies raised its PT to $320 (Buy) and JPMorgan raised to $310 from $265 citing strong jet engine demand. Howmet completed the $1.8B acquisition of CAM from Stanley Black & Decker on April 6 and bought Brunner Manufacturing for $120M, while divesting Savannah disk forging for $230M. The company repurchased $300M of stock in Q1 plus $150M in April. Risk: aerospace supply chain bottlenecks at Boeing/Airbus and exposure to gas turbine cyclicality. UBS earlier raised PT to $290 and Morgan Stanley to $315.
May 12Howmet Aerospace blows past Q1 with 19% revenue growth, raises 2026 guidance by $550M; multiple analysts hike PTsPositive▶
Howmet Aerospace reported Q1 2026 results May 7 with revenue jumping 19% YoY to $2.31B, adjusted EBITDA up 32% to $740M (margin expanded 320bps to record 32.0%), and adjusted EPS of $1.22 (+42% YoY) beating $1.11 consensus by 9.9%. Growth was led by commercial aerospace (+20%), defense aero (+10%), and gas turbines (+39%). Free cash flow surged to $359M from $134M YoY, funding $300M of buybacks. Company raised 2026 revenue guidance to $9.575B-$9.725B (midpoint $550M higher) and adj. EPS to $4.88-$5.00. Quarterly dividend declared at $0.12/share payable May 26. Stock jumped 7.7% to $276.16 (intraday high $290). Morgan Stanley raised PT to $315 from $280, Deutsche Bank to $320 from $278, Susquehanna to $330 from $300.
May 11Howmet Aerospace shares jumped ~10% premarket May 8 after Q1 revenue grew 19% to $2.31B, EPS beat at $1.22, and the company raised FY26 EPS guidance to $4.88-$5.00 on $9.575-$9.725B revenue.Positive▶
On May 7, 2026, Howmet reported Q1 revenue of $2.31B (+19% YoY) and adjusted EPS of $1.22 (+42%) versus $1.11 consensus, with adjusted EBITDA margin expanding 320bps to a record 32%. The company raised full-year 2026 revenue guidance by $550M to ~$9.65B and EPS guidance by 11% to $4.94. Growth was broad-based: commercial aerospace +20%, defense aerospace +10%, gas turbines +39%. Howmet repurchased $300M of stock in Q1 plus $150M in April at $246.18 average and declared a $0.12 dividend. Multiple analysts raised targets May 8: UBS to $290, Morgan Stanley to $315, Susquehanna to $330. Risk is dependence on continued aerospace demand and supply chain capacity.
May 8Howmet Aerospace beats Q1 2026 EPS estimate by 9.91% at $1.22 and raises full-year 2026 guidance on 19% revenue growthPositive▶
Howmet reported strong Q1 with revenue growth accelerating 19% YoY to $2.31B and adjusted EBITDA margin expanding 320 basis points to 32%. EPS of $1.22 beat consensus of $1.11 by 9.91%. Full-year guidance raised: revenue $9.575B-$9.725B (up $550M), adjusted EPS $4.88-$5.00 from prior $4.35-$4.55. Stock jumped 10.8% to $284.03. Commercial aerospace up 20%, defense aerospace up 10%, gas turbines surged 39%. Free cash flow jumped to $359M. Company completed $450M in share repurchases (Q1: $300M, April: $150M). Fitch upgraded to A- in Feb 2026. Dividend of $0.12/share declared.
May 6Q1 2026 earnings scheduled May 7; dividend approved; annual meeting May 19Positive▶
Howmet Aerospace scheduled to report Q1 2026 earnings on May 7 with analyst consensus expecting EPS of $1.11 (+29.1% YoY) and revenue of $2.24B (+15.2% YoY). Board approved 12-cent dividend per share to be paid May 26 to shareholders of record May 8. Company gearing up for annual shareholders meeting on May 19 at 9 a.m. Strong aerospace demand expected to drive growth despite lingering supply-chain issues. Estimate revisions increased 1.8% over past 60 days. 24 analysts covering stock with 19 Strong Buys, 1 Moderate Buy, 4 Holds. STRS Ohio raised HWM position 55.6% in Q4. Indivisible Partners opened new position worth ~$8.3M.
May 5Howmet Aerospace expects Q1 EPS growth of 29% on May 7 with record dividendPositive▶
Howmet Aerospace preparing Q1 earnings on May 7 with analyst expectations EPS $1.11 (up 29.1% YoY) and revenue $2.24B (up 15.2%). Declared $0.12 dividend per share, payable May 26. Stock at $239.70 with 96.05B market cap. Over past year traded $150.63-$267.31 range. 24 analysts: 19 Strong Buys, 1 Moderate Buy, 4 Holds. Mean target $281 (17.3% premium), Street-high $315 (31.5% upside). Up 16% past few months with institutional strength. Strs Ohio boosted holdings 55.6% in Q4. GC Wealth Management sold 81.2% position. Strong aerospace tailwinds and record backlogs supporting growth.
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