RBC cuts target for Howmet Aerospace stock from USD 350 to USD 300
Published on 10/26/2026 at 11:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst targets and reporting dates
- RBC Capital cut its Howmet target from USD 350 to USD 300 on October 15, 2026.
- Second-quarter revenue rose 24 percent and adjusted earnings per share reached USD 1.33.
- Howmet Aerospace stock trades at EUR 165.45 at 11:30 a.m. CEST at Lang & Schwarz on October 26, 2026, 0.22 percent below the Xetra close of October 23, 2026.
- Third-quarter results are scheduled for October 29, 2026, before the conference call at 10:00 a.m. ET.
Howmet Aerospace (ISIN US4432011082) trades at EUR 165.45 at Lang & Schwarz on October 26, 2026 at 11:30 a.m. CEST, 0.22 percent below the Xetra close of October 23, 2026 at EUR 165.82. The latest analyst move was RBC Capital's target cut from USD 350 to USD 300, reported on October 15, 2026 by Markets Insider.
RBC trims target before results
RBC retained its Outperform rating while lowering the target to USD 300 from USD 350. The same report cited defense budget uncertainty as a headwind, while RBC expected strong aerospace aftermarket performance.
The target revision followed a series of October changes. Benzinga lists TD Cowen's October 9, 2026 target at USD 280 from USD 320 and RBC Capital's October 15, 2026 target at USD 300 from USD 350.
What will results reveal?
The operating backdrop entering the release was stronger than the target cuts suggest. In the second quarter of 2026, revenue increased 24 percent year over year, adjusted earnings per share rose 46 percent to USD 1.33 and adjusted EBITDA margin expanded 340 basis points to 32.1 percent, according to SquawkNews.
That report also said Howmet raised its full-year 2026 guidance to revenue of USD 10.05 billion, adjusted EBITDA of USD 3.23 billion and adjusted earnings per share of USD 5.27. The second-quarter cash flow figure was USD 479 million, while net debt to trailing EBITDA stood at 1.4 times.
Three dates frame the next step
On October 1, 2026, Howmet announced third-quarter results for October 29, 2026, with the release planned before the market open and the conference call at 10:00 a.m. ET, according to Howmet. On October 9, 2026, TD Cowen cut its target to USD 280 from USD 320. On October 15, 2026, RBC Capital cut its target to USD 300 from USD 350.
Results and webcast dates
The next reporting date is October 29, 2026, and the related webcast is scheduled for 10:00 a.m. ET on the same date. For investors, the central test is whether the second-quarter combination of 24 percent revenue growth and a 32.1 percent adjusted EBITDA margin carried into the third quarter.
Stock trades below Xetra close
Howmet Aerospace stock was trading at EUR 165.45 at Lang & Schwarz on October 26, 2026 at 11:30 a.m. CEST, 0.22 percent below the Xetra close of October 23, 2026 at EUR 165.82. The primary listing is on the NYSE, where the stock was last quoted at USD 185.89 on October 23, 2026 at 3:59 p.m. ET.
The further course of trading is shown by the continuously updated real-time quote of Howmet Aerospace stock.
Howmet Aerospace stock facts
- Company: Howmet Aerospace Inc.
- ISIN: US4432011082
- Ticker: HWM
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 26, 2026, 11:30 a.m. CEST): EUR 165.45
- Change versus Xetra close: minus 0.22 percent
- Xetra close (October 23, 2026): EUR 165.82
- Market capitalization: USD 74.1 billion (as of October 23, 2026)
- 52-week range: USD 183.52-310.00 (as of October 23, 2026)
- Sector / Industry: Industrials / Aerospace and Defense
Market context: Market report S&P 500.
