Wells Fargo cuts target for Howmet Aerospace stock to USD 255.00
Published on 10/06/2026 at 16:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Wells Fargo cut its Howmet Aerospace price target from USD 315.00 to USD 255.00 on September 30, 2026, while maintaining an Equal Weight rating, according to Yahoo Finance. The reduction gives investors a lower valuation reference ahead of the company's next quarterly report.
Target cut meets strong results
Howmet reported second-quarter 2026 revenue of USD 2.55 billion, an increase of 24.00 percent from the second quarter of 2025, according to Yahoo Finance. Net income reached USD 534.0 million, while earnings per share came to USD 1.33 compared with a consensus estimate of USD 1.25, a 6.40 percent difference.
The operating backdrop was strongest in aerospace-related operations. Management commentary carried in the second-quarter earnings call cited 28.00 percent growth in commercial aerospace and 11.00 percent growth in defense aerospace, with organic growth of 26.00 percent and 7.00 percent, respectively.
October 29 sets the next test
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 at 10:00 a.m. ET, according to the company's Howmet Aerospace release dated October 1, 2026. That date matters because the next report will test whether the second-quarter growth rate can continue into the second half of the year.
The company guides third-quarter 2026 revenue to USD 2.75 billion plus or minus USD 10.0 million, with earnings per share of USD 1.35 plus or minus USD 0.01, according to the earnings-call transcript reported by Yahoo Finance. The guidance sets a concrete benchmark for the October release.
Market value stays below yearly high
Howmet Aerospace carried a market capitalization of USD 91.1 billion as of October 6, 2026. Its 52-week range was USD 183.83 to USD 310.00 on the same date, leaving the upper end USD 82.38 above the latest USD 227.62 primary-exchange quote.
For investors, the central tension is visible in the figures: second-quarter revenue accelerated 24.00 percent year over year, but Wells Fargo's target was reduced by USD 60.00 to USD 255.00. The October report will show whether operating growth or valuation caution sets the next direction.
Howmet Aerospace stock facts
- Company: Howmet Aerospace Inc.
- ISIN: US4432011082
- Ticker: HWM
- Primary exchange: NYSE
- Market capitalization: USD 91.1 billion (as of October 6, 2026)
- 52-week range: USD 183.83-310.00 (as of October 6, 2026)
- Sector / Industry: Industrials / Aerospace and Defense
- Index membership: S&P 500
- Next earnings date: October 29, 2026
