BNP Paribas Exane Issues Pessimistic Forecast for Howmet Aerospace (NYSE:HWM) Stock Price

Howmet Aerospace (NYSE:HWM) had its target price lowered by equities researchers at BNP Paribas Exane from $345.00 to $310.00 in a research report issued on Tuesday. The brokerage currently has an “outperform” rating on the stock. BNP Paribas Exane’s price objective points to a potential upside of 37.82% from the stock’s previous close.

Other equities research analysts have also issued research reports about the stock. Sanford C. Bernstein restated an “outperform” rating and set a $298.00 price target (down from $328.00) on shares of Howmet Aerospace in a report on Wednesday. Susquehanna raised their price target on Howmet Aerospace from $330.00 to $340.00 and gave the stock a “positive” rating in a research note on Friday, August 7th. JPMorgan Chase & Co. lifted their price objective on shares of Howmet Aerospace from $310.00 to $350.00 and gave the company an “overweight” rating in a research note on Monday, August 10th. UBS Group upped their target price on Howmet Aerospace from $299.00 to $326.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Finally, Zacks Research raised Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 12th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $312.67.

Howmet Aerospace Price Performance

HWM stock traded up $2.38 during trading hours on Tuesday, hitting $224.94. 2,670,817 shares of the stock traded hands, compared to its average volume of 2,726,294. Howmet Aerospace has a one year low of $183.83 and a one year high of $310.00. The company has a current ratio of 1.82, a quick ratio of 0.87 and a debt-to-equity ratio of 0.71. The stock has a 50-day simple moving average of $252.07 and a 200 day simple moving average of $257.39. The company has a market cap of $90.00 billion, a P/E ratio of 48.48, a P/E/G ratio of 2.01 and a beta of 1.21.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.09. The company had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.43 billion. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The business’s revenue was up 24.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.91 EPS. Howmet Aerospace has set its Q3 2026 guidance at 1.340-1.360 EPS and its FY 2026 guidance at 5.230-5.310 EPS. Equities analysts forecast that Howmet Aerospace will post 5.33 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in HWM. BlackRock Inc. bought a new position in shares of Howmet Aerospace in the second quarter worth about $12,318,939,000. State Street Corp boosted its position in shares of Howmet Aerospace by 3.3% in the 2nd quarter. State Street Corp now owns 18,933,928 shares of the company’s stock worth $5,090,576,000 after purchasing an additional 612,866 shares during the last quarter. Bank of America Corp DE lifted its stake in Howmet Aerospace by 1.7% in the first quarter. Bank of America Corp DE now owns 10,728,447 shares of the company’s stock valued at $2,472,478,000 after buying an additional 177,533 shares during the period. Jupiter Topco LLC bought a new position in Howmet Aerospace during the 2nd quarter worth approximately $2,065,086,000. Finally, Bank of New York Mellon Corp acquired a new stake in Howmet Aerospace in the second quarter worth $1,099,765,000. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace News Summary

Here are the key news stories impacting Howmet Aerospace this week:

• Positive Sentiment: Howmet’s second-quarter adjusted EBITDA rose 39% year over year to $817 million, while its adjusted EBITDA margin expanded 340 basis points to 32.1%, supporting the investment case that the company can continue delivering earnings growth despite cost pressures. Can Howmet Sustain EBITDA Margin Momentum Amid Cost Pressures?
• Positive Sentiment: A bullish analysis upgraded HWM to Strong Buy with a $318 price target, citing durable demand from commercial aerospace and gas-turbine markets, expanding production backlogs through 2030, and potential revenue and margin benefits from the CAM and Brunner acquisitions. Howmet Aerospace: Power Demand Set To Deliver Durable Growth Over The Coming Years
• Positive Sentiment: Howmet outperformed the broader market in the most recent session, indicating continued investor interest in the company’s earnings growth and aerospace exposure. Howmet Outpaces Stock Market Gains: What You Should Know
• Neutral Sentiment: BNP Paribas Exane lowered its price target from $345 to $310 but maintained an Outperform rating. The revised target still implies substantial upside, although the reduction signals more cautious valuation expectations.
• Neutral Sentiment: TD Cowen cut its target from $320 to $280 while retaining a Buy rating, reflecting a lower near-term valuation view but continued confidence in HWM’s longer-term prospects. TD Cowen price-target update
• Negative Sentiment: Put-option activity was unusually elevated, with traders purchasing 10,794 contracts—more than twice the average volume. This may indicate increased hedging or bearish speculation and could temper near-term sentiment.

About Howmet Aerospace

Howmet Aerospace Inc (NYSE:HWM) is an aerospace and industrial products company that develops and manufactures advanced engineered components and systems. Its products are used primarily in commercial and defense aircraft, aircraft engines, and other transportation and industrial applications.

The company’s principal businesses include engine products, fastening systems, engineered structures, and forged wheels. Its offerings include forged and cast engine components, airfoils, titanium and nickel-based parts, aerospace structural components, specialized fasteners, and forged aluminum wheels for commercial transportation.