Bernstein cuts target for Howmet Aerospace stock to USD 298

Published on 10/08/2026 at 15:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 24.10 percent year over year. Howmet Aerospace stock costs EUR 196.48 on October 8, 2026 after EUR 198.78, minus 1.16 percent.

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Howmet Aerospace (ISIN US4432011082) was trading at EUR 196.48 at Lang & Schwarz on October 8, 2026 at 3:38 p.m. CEST. On October 7, 2026, Bernstein SocGen Group cut its price target from USD 328.00 to USD 298.00 while keeping an Outperform rating, as Investing.com reported.

Bernstein lowers target by 9.15 percent

The new USD 298.00 target is 9.15 percent below Bernstein's previous USD 328.00 target. The report identified potential competition in airfoil castings as a concern, while also citing the planned GE acquisition of CPP as a longer-term issue.

What does the target cut change?

The revision contrasts with Howmet's latest operating figures. In the second quarter of 2026, revenue reached USD 2.55 billion, up 24.10 percent from USD 2.05 billion a year earlier, while net profit was USD 534.00 million versus USD 407.00 million in the comparable period, according to Markets Insider. MarketBeat reported adjusted earnings per share of USD 1.33 against a USD 1.24 consensus estimate for the same quarter.

Three dated signals for Howmet

On August 6, 2026, Howmet reported second-quarter revenue of USD 2.55 billion and net profit of USD 534.00 million, according to Markets Insider. On September 30, 2026, Wells Fargo cut its target from USD 315.00 to USD 255.00, according to MarketBeat. On October 7, 2026, Bernstein lowered its target from USD 328.00 to USD 298.00, as Investing.com reported.

Next results arrive October 29

Howmet will announce its third-quarter 2026 results on October 29, 2026, with the release scheduled for 7:00 a.m. ET and the webcast at 10:00 a.m. ET, according to the company's Howmet Aerospace announcement. The upcoming report will test whether the 24.10 percent second-quarter revenue growth continues into the next reporting period.

Euro quote and market range

Howmet Aerospace stock was trading at EUR 196.48 at Lang & Schwarz on October 8, 2026 at 3:38 p.m. CEST, minus 1.16 percent versus the Lang & Schwarz prior close of EUR 198.78 on October 7, 2026.

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