Bernstein cuts target for Huntington Ingalls stock from USD 341 to USD 327

Published on 10/02/2026 at 13:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

HII won 10 Navy vessels on September 29, 2026. Huntington Ingalls stock costs EUR 245.25 on October 2, 2026 after EUR 244.00, plus 0.51 percent.

Schwarzweiß-Reportage: Schweißer mit Funkenregen an massivem Stahlschiffsrumpf in der Werft — Huntington Ingalls Schweißer arbeiten in Schwarzweiß an einem massiven Schiffsrumpf in der Werft US4464131063, Illustration mit AI erstellt.

Bernstein cut its Huntington Ingalls price target from USD 341.00 to USD 327.00 on September 23, 2026, while keeping a Market Perform rating, according to MarketBeat. On September 29, 2026, HII won a U.S. Navy contract to build 10 ROMULUS unmanned surface vessels, as GlobeNewswire reported.

Autonomous vessels add a new growth lane

The ROMULUS award moves HII's unmanned surface vessel program from testing toward fleet-scale production for the Medium Unmanned Surface Vessel program. The Navy-monitored evaluation covered a 420-nautical-mile autonomous mission lasting 28 hours, giving the contract a measurable operating benchmark.

HII is also expanding its unmanned manufacturing footprint. In a September 22, 2026 release, HII said a 10,000-square-foot addition would expand its existing 40,000-square-foot facility by 25 percent for REMUS underwater vehicles and ROMULUS surface vessels.

Second-quarter revenue reaches USD 3.42 billion

Huntington Ingalls reported USD 3.42 billion in revenue for the second quarter of 2026, up 10.90 percent from the prior-year quarter, according to MarketBeat. Adjusted earnings per share were USD 5.27, compared with a USD 3.79 consensus estimate, a USD 1.48 difference.

The result shows why the target cut and the contract award point in different directions. Operating demand is visible in revenue growth and new Navy work, while the USD 327.00 target remains below Bernstein's previous USD 341.00 level.

Stock trades above its prior close

Huntington Ingalls stock was trading at EUR 245.25 at Lang & Schwarz on October 2, 2026 at 1:30 p.m. CEST, plus 0.51 percent versus the prior close of EUR 244.00. The NYSE listing was last at USD 274.33 on October 1, 2026 at 4:00 p.m. ET; its 52-week range was USD 256.79 to USD 460.00 and market capitalization was USD 10.8 billion on that date. The further course of trading is shown by the continuously updated real-time quote of Huntington Ingalls stock.