Howmet Aerospace stock: Royal Bank of Canada cuts target for Howmet Aerospace stock to USD 300.00
Published on 10/16/2026 at 17:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- Royal Bank of Canada lowered its Howmet Aerospace target to USD 300.00 on October 15, 2026.
- Second-quarter revenue reached USD 2.55 billion, up 24.10 percent year over year.
- Howmet Aerospace stock costs EUR 198.83 at Lang & Schwarz on October 16, 2026 at 5:06 p.m. CEST.
- Howmet Aerospace will announce third-quarter 2026 results on October 29, 2026.
Royal Bank of Canada lowered its price target for Howmet Aerospace from USD 350.00 to USD 300.00 on October 15, 2026, while maintaining an Outperform rating, according to MarketBeat. The target remains above the latest U.S. market price, while the euro quotation stood at EUR 198.83 at Lang & Schwarz on October 16, 2026 at 5:06 p.m. CEST.
Revenue and earnings set the tone
Howmet reported USD 2.55 billion in second-quarter 2026 revenue, a 24.10 percent year-over-year increase. Adjusted earnings per share came to USD 1.33, exceeding the USD 1.24 consensus estimate by USD 0.09, according to MarketBeat. The result gives the target revision a useful operating reference, even though the two figures describe different parts of the investment case.
Price stays below its yearly high
On the NYSE, Howmet last traded at USD 223.16 on October 16, 2026 at 11:14 a.m. ET. That price was USD 86.84, or 28.01 percent, below the USD 310.00 52-week high and USD 35.70, or 19.04 percent, above the USD 187.46 low. The company had a market value of USD 89.0 billion, with a price-to-earnings ratio of 48.09.
Valuation points to October 29
The next scheduled reporting date is October 29, 2026. Howmet said in an October 1, 2026 release that it will publish third-quarter results at approximately 7:00 a.m. ET and hold its conference call at 10:00 a.m. ET, as stated by Howmet Aerospace. Royal Bank of Canada's USD 300.00 target is 34.43 percent above the USD 223.16 NYSE price.
Comparison with peers
Howmet Aerospace (NYSE, USD): P/E 48.09, market capitalization USD 89.0 billion
RTX Corporation (NYSE, USD): daily change 2.40 percent, P/E 33.73, market capitalization USD 258.0 billion
Lockheed Martin Corporation (NYSE, USD): daily change 2.32 percent, P/E 20.06, market capitalization USD 125.8 billion
What comes next for results
The October 29 release is the next fixed date for investors assessing whether the second-quarter growth rate can continue. The analyst target, the valuation multiple and the gap to the yearly high all leave the upcoming report as the next concrete test of the stock's current pricing.
Trading position
Howmet Aerospace was trading at EUR 198.83 at Lang & Schwarz on October 16, 2026 at 5:06 p.m. CEST. The euro quote is the latest German-market indication for the stock in the after-hours phase.
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 16, 2026, 5:06 p.m. CEST): EUR 198.83
- Market capitalization: USD 89.0 billion (as of October 16, 2026)
- 52-week range: USD 187.46-310.00 (as of October 16, 2026)
- Sector / Industry: Industrials / Aerospace and Defense
Market context: Market report S&P 500.
