Goldman Sachs keeps Buy rating for Howmet Aerospace stock
Published on 10/13/2026 at 12:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Goldman Sachs maintained a Buy rating and set a USD 298.00 price target on October 12, 2026.
- Howmet Aerospace reported second-quarter 2026 revenue of USD 2.55 billion, up 24.00 percent year over year.
- The stock was at EUR 198.65 at Lang & Schwarz on October 13, 2026 at 12:14 p.m. CEST.
- Howmet is scheduled to report third-quarter 2026 results on October 29, 2026.
Howmet Aerospace (ISIN US4432011082) was at EUR 198.65 at Lang & Schwarz on October 13, 2026 at 12:14 p.m. CEST. Goldman Sachs maintained a Buy rating and set a USD 298.00 price target on October 12, 2026, according to Markets Insider.
Three dated milestones for Howmet
Howmet completed its USD 1.80 billion acquisition of Consolidated Aerospace Manufacturing on April 6, 2026, according to TickerScout. The transaction expanded the Fastening Systems business and was included in the second-quarter 2026 figures.
On August 6, 2026, Howmet reported second-quarter revenue of USD 2.547 billion, up 24.00 percent from USD 2.053 billion a year earlier. Adjusted EBITDA reached USD 817.0 million, with an adjusted EBITDA margin of 32.10 percent, according to Zacks.
On October 12, 2026, Goldman Sachs kept its Buy rating and set the USD 298.00 target. The target is USD 17.00 below the USD 315.00 average target cited in earlier market coverage, underscoring a more selective analyst view even as the rating stayed positive.
What does the earnings profile show?
The second-quarter numbers show why the analyst debate has shifted from demand to valuation and execution. Earnings per share reached USD 1.33, up 46.00 percent year over year, while operating margin was 28.80 percent, according to Yahoo Finance. Revenue, adjusted EBITDA and earnings per share all exceeded the high end of management guidance for the quarter.
Management raised fiscal 2026 revenue guidance to USD 10.00 billion to USD 10.10 billion, while adjusted EBITDA guidance stood at USD 3.21 billion to USD 3.25 billion. The third-quarter adjusted EBITDA outlook was USD 825.0 million to USD 835.0 million, according to TickerScout.
October 29 brings the next report
Howmet is scheduled to report third-quarter 2026 results on October 29, 2026. The next report will test whether commercial aerospace, gas turbines and the acquired fastening operations can sustain the second-quarter growth profile while integration costs and capacity investment remain important operating variables, as described in the company's second-quarter call.
Stock price in euros
Howmet Aerospace stock was trading at EUR 198.65 at Lang & Schwarz on October 13, 2026 at 12:14 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Howmet Aerospace stock.
Howmet Aerospace stock facts
- Company: Howmet Aerospace Inc.
- ISIN: US4432011082
- Ticker: HWM
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 13, 2026, 12:14 p.m. CEST): EUR 198.65
- Market capitalization: USD 88.3 billion (as of October 12, 2026)
- 52-week range: USD 185.83-310.00 (as of October 12, 2026)
- Sector / Industry: Industrials / Aerospace and Defense
- Next earnings date: October 29, 2026
Market context: Market report S&P 500.
