Huntington Ingalls stock fell 1.02 percent on October 6

Published on 10/07/2026 at 04:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Huntington Ingalls stock was last at USD 263.75 on October 6, 2026, after a 1.02 percent daily decline. Q2 revenue rose 10.9 percent to USD 3.42 billion.

Pop-Art-Comic: Dramatisches Kriegsschiff auf Hoher See in knalligen Primärfarben mit Aktionslinien — Huntington Ingalls Kriegsschiff als farbiger Pop Art Comic in Primärfarben auf hoher See US4464131063, Illustration mit AI erstellt.

Huntington Ingalls stock (ISIN US4464131063) was last at USD 263.75 on the NYSE on October 6, 2026, down 1.02 percent from the prior close. The company is entering its next earnings phase after a USD 5.1 billion Navy contract and a second quarter in which revenue rose 10.9 percent.

Truman overhaul adds a major order

On September 29, 2026, HII announced the award of a USD 5,099,973,132 contract for the refueling and complex overhaul of the nuclear-powered aircraft carrier USS Harry S. Truman. As Yahoo Finance reported, options could lift the cumulative value to USD 5,183,380,744.

The work covers reactor refueling, modernization across thousands of compartments and upgrades to propulsion and combat systems. The project is scheduled for completion in November 2031, extending the long-cycle workload at Newport News Shipbuilding.

Q2 growth supports the order story

HII generated USD 3.42 billion in Q2 2026 revenue, up 10.9 percent from the prior-year quarter, while diluted EPS reached USD 5.27 versus USD 3.79 consensus. MarketBeat reported the quarterly figures and said revenue exceeded the USD 3.15 billion estimate.

The earnings call added an operational distinction: shipbuilding revenue reached USD 2.7 billion, up 15.7 percent year over year, while Mission Technologies revenue was USD 760 million. Management raised 2026 shipbuilding revenue guidance to USD 10.2 billion to USD 10.4 billion and set shipbuilding margin guidance at 6 percent to 6.5 percent, according to the Yahoo Finance transcript of the July 30, 2026 call.

Consensus target remains above USD 367

The valuation case is mixed with the stock below its analyst target. MarketBeat listed a Moderate Buy consensus from 10 analysts, including five Buy and five Hold ratings, with an average target of USD 367.12. That target lies 39.2 percent above the October 6 price, while the 52-week range was USD 256.79 to USD 460.00.

For investors, execution is the central test: the Truman award adds visibility, while the latest guidance depends on shipyard throughput, contract milestones and cash timing. Q2 operating cash flow was negative USD 31 million, according to the finance statement for the period ended June 30, 2026.

Huntington Ingalls stock stays above its yearly low

Huntington Ingalls stock was last at USD 263.75 on the NYSE on October 6, 2026, with volume of 608,690 shares and a market capitalization of USD 10.4 billion. The reference price stood USD 6.96 above the 52-week low.