Bernstein cut target for Howmet Aerospace stock to USD 298.00

Published on 10/12/2026 at 12:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 24.00 percent to USD 2.55 billion. Howmet Aerospace stock trades at EUR 201.30 on October 12, 2026, plus 0.12 percent versus EUR 201.05 Xetra close.

Key points in brief

Bernstein cut its Howmet Aerospace price target from USD 328.00 to USD 298.00 on October 7, 2026, while keeping an Outperform rating.
Second-quarter 2026 revenue rose 24.00 percent year over year to USD 2.55 billion, with adjusted earnings per share up 46.00 percent to USD 1.33.
Howmet Aerospace was trading at EUR 201.30 at Lang & Schwarz on October 12, 2026, plus 0.12 percent versus the Xetra close of EUR 201.05 on October 9, 2026.
Howmet Aerospace is scheduled to announce third-quarter 2026 results on October 29, 2026, at 7:00 a.m. ET.

Architekturvisualisierung eines modernen Luft- und Raumfahrt-Fertigungscampus aus Glas und Stahl — Howmet Aerospace US4432011082 Architektur-Render eines modernen Luft- und Raumfahrt-Forschungscampus mit geschwungenen Glasfassaden, Illustration mit AI erstellt.

Howmet Aerospace (ISIN US4432011082) was trading at EUR 201.30 at Lang & Schwarz on October 12, 2026, at 12:05 p.m. CEST, up 0.12 percent versus the Xetra close of EUR 201.05 on October 9, 2026. According to Investing.com on October 7, 2026, Bernstein SocGen Group cut its price target from USD 328.00 to USD 298.00 while keeping an Outperform rating.

Chronology brings three figures

On August 6, 2026, Howmet reported second-quarter revenue of USD 2.55 billion, up 24.00 percent year over year, in its earnings call. Yahoo Finance records adjusted earnings per share of USD 1.33, up 46.00 percent year over year, and a second-quarter EBITDA margin of 32.10 percent.

On October 1, 2026, Howmet announced that its third-quarter results would be released at approximately 7:00 a.m. ET on October 29. On October 7, 2026, Bernstein set the USD 298.00 target against its earlier USD 328.00 target, making the analyst revision the latest dated event in this sequence.

What does the target cut mean?

The revision leaves the rating positive but lowers the valuation reference by USD 30.00, or 9.15 percent from the previous target. Investing.com linked the change to competition concerns in casting, including possible effects from SpaceX and the proposed GE acquisition of CPP.

The operating data provide a counterweight. The second-quarter call said Engine Products revenue increased 32.00 percent to USD 1.37 billion, while Fastening Systems revenue rose 37.00 percent to USD 589.00 million. Engineered Structures revenue declined 13.00 percent to USD 269.00 million after the Savannah divestiture.

Dates ahead for Howmet

Howmet Aerospace is scheduled to announce third-quarter 2026 results on October 29, 2026, at 7:00 a.m. ET, followed by a conference call at 10:00 a.m. ET. The company said its second-quarter results exceeded the high end of guidance for revenue, EBITDA margin and adjusted earnings per share.

The third-quarter guide cited in the earnings call was revenue of USD 2.75 billion plus or minus USD 10.00 million, EBITDA of USD 830.00 million plus or minus USD 5.00 million, and adjusted earnings per share of USD 1.35 plus or minus USD 0.01. The full-year 2026 guide was revenue of USD 10.05 billion plus or minus USD 50.00 million and adjusted earnings per share of USD 5.27 plus or minus USD 0.04.

Stock remains near its yearly range

Howmet Aerospace's EUR 201.30 Lang & Schwarz price sits within a 52-week range of EUR 47.84 to EUR 268.30 from the finance quote dated October 12, 2026. The same quote indicated market capitalization of EUR 80.3 billion and a volume of 9 shares at the timestamp.

For investors, the key tension is visible in the combination of rapid aerospace growth and a lower analyst valuation reference. The next scheduled report will test whether the 24.00 percent second-quarter revenue growth rate and 32.10 percent EBITDA margin can carry into the third quarter.

The further course of trading is shown by the continuously updated real-time quote of Howmet Aerospace stock.