Wells Fargo cuts target for Howmet Aerospace stock from USD 315.00 to USD 255.00

Published on 10/05/2026 at 13:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 24.10 percent to USD 2.55 billion in the second quarter of 2026. Howmet Aerospace stock costs EUR 206.55 on October 5, 2026 versus EUR 205.80.

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Howmet Aerospace (ISIN US4432011082) was trading at EUR 206.55 at Lang & Schwarz on October 5, 2026 at 1:33 p.m. CEST, up 0.36 percent versus the prior close of EUR 205.80. On September 30, 2026, Wells Fargo cut its price target for Howmet Aerospace from USD 315.00 to USD 255.00 while maintaining an Equal Weight rating, according to MarketBeat.

Wells Fargo adds a cautious counterpoint

The reduction leaves a wide gap between the cautious target and the broader analyst view. MarketBeat lists a USD 314.84 average target from 21 analysts, with 16 Buy ratings, three Hold ratings and two Strong Buy ratings as of its October 4, 2026 update.

That split matters because the target cut came after a strong operating quarter, not after a reported earnings shortfall. The company is therefore being judged against high expectations for aerospace demand and valuation.

Second-quarter growth stays measurable

Howmet generated USD 2.55 billion in revenue in the second quarter of 2026, up 24.10 percent from the same period a year earlier, while adjusted earnings per share reached USD 1.33 versus a USD 1.24 consensus estimate, according to MarketBeat. The revenue figure exceeded consensus of USD 2.43 billion, giving investors a quantified measure of the quarter's outperformance.

Howmet's operating margin was 28.00 percent in the second quarter of 2026, while net income reached USD 534.0 million. The company also guided to third-quarter adjusted earnings per share of USD 1.34-1.36 and full-year 2026 adjusted earnings per share of USD 5.23-5.31.

October results date sets the next marker

Howmet will announce third-quarter 2026 results on October 29, 2026, with the release scheduled for 7:00 a.m. ET and the conference call for 10:00 a.m. ET, according to StockTitan. That date gives the market a defined checkpoint for testing whether the growth rate and margin profile can support the valuation.

A separate risk comes from capital spending. Investing.com reported on September 15, 2026 that Guggenheim expected elevated capital expenditures to limit absolute free cash flow growth in 2027 and 2028. The contrast is clear: operating growth is strong, but cash conversion remains an important test.

Howmet Aerospace stock holds above its prior close

At Lang & Schwarz, Howmet Aerospace stock was trading at EUR 206.55 on October 5, 2026 at 1:33 p.m. CEST, plus 0.36 percent versus the prior close of EUR 205.80. The further course of trading is shown by the continuously updated real-time quote of Howmet Aerospace stock.