Goldman cuts Howmet target to USD 298: Howmet Aerospace stock falls 1.51 percent

Published on 10/27/2026 at 16:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results arrive October 29, 2026. Howmet Aerospace stock costs EUR 170.90 on October 27, 2026, down 1.51 percent versus the Xetra close.

Goldman target cut

Goldman Sachs cut its Howmet Aerospace target to USD 298.00 from USD 314.00 on October 12, 2026.
Howmet Aerospace will announce third-quarter 2026 results on October 29, 2026.
Howmet Aerospace stock costs EUR 170.90 at Lang & Schwarz on October 27, 2026 at 4:34 p.m. CET, 1.51 percent below the Xetra close of October 26, 2026.

Howmet Aerospace, US4432011082, Illustration mit AI erstellt.

Howmet Aerospace stock is facing a lower Goldman Sachs target as the aerospace supplier trades at EUR 170.90 at Lang & Schwarz on October 27, 2026 at 4:34 p.m. CET, down 1.51 percent versus the Xetra close of October 26, 2026 at EUR 173.52. MarketScreener reported on October 12, 2026 that Goldman Sachs cut its Howmet Aerospace price target to USD 298.00 from USD 314.00. Against the primary-exchange price of USD 190.74 at 11:38 a.m. ET, the new target was 56.23 percent higher.

Results date is October 29

The next scheduled company event is third-quarter 2026 results. Howmet Aerospace said on October 1, 2026 that it will publish the figures on October 29, 2026, at 7:00 a.m. ET and start its conference call at 10:00 a.m. ET. That date gives investors a defined checkpoint after the recent target reductions.

Howmet stock stays below its high

Howmet Aerospace traded at USD 190.74 on the New York Stock Exchange on October 27, 2026 at 11:38 a.m. ET. Its 52-week range was USD 183.52 to USD 310.00, placing the price 38.47 percent below the high and 3.93 percent above the low. Trading volume was 893,336 shares at that time.

The company reported second-quarter 2026 revenue of USD 2.55 billion and diluted earnings per share of USD 1.33 for the period ended June 30, 2026. Operating profit was USD 711.0 million, equal to a 28.00 percent operating margin. MarketBeat reported that quarterly revenue was up 24.10 percent from the prior year and that earnings per share exceeded consensus by USD 0.09.

Valuation against aerospace peers

Howmet Aerospace had a market capitalization of USD 76.1 billion and a price-to-earnings ratio of 40.95 on October 27, 2026. The scheduled results date and the lower Goldman Sachs target leave the next earnings release as the clearest near-term test for the valuation.

Comparison with peers

Howmet Aerospace: down 1.51 percent, P/E 40.95, market capitalization USD 76.1 billion on October 27, 2026.

GE Aerospace (NYSE, USD): up 2.60 percent, P/E 34.14, market capitalization USD 307.1 billion on October 27, 2026.

RTX Corporation (NYSE, USD): down 0.08 percent, P/E 32.03, market capitalization USD 266.3 billion on October 27, 2026.

Price and upcoming results

The euro price is below the Xetra close while the primary-market valuation remains higher than the reported peer multiples. The next company event is the October 29, 2026 results release, which will provide the next periodized test of revenue, earnings and margin.

Howmet Aerospace was trading at EUR 170.90 at Lang & Schwarz on October 27, 2026 at 4:34 p.m. CET, 1.51 percent below the Xetra close of October 26, 2026 at EUR 173.52.

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