Wells Fargo cuts Howmet target to USD 255: Howmet Aerospace stock loses 1.85 percent

Published on 10/07/2026 at 16:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 24.00 percent to USD 2.55 billion in 2026's second quarter. Howmet Aerospace stock costs EUR 201.20 on October 7, 2026 after EUR 205.00.

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Howmet Aerospace (ISIN US4432011082) was trading at EUR 201.20 at Lang & Schwarz on October 7, 2026 at 4:01 p.m. CEST, down 1.85 percent versus the prior close of EUR 205.00. According to MarketBeat on September 30, 2026, Wells Fargo cut its Howmet Aerospace price target from USD 315.00 to USD 255.00 while keeping an equal-weight rating.

Target cut meets strong results

The target reduction contrasts with Howmet's second-quarter operating figures. According to Yahoo Finance, revenue reached USD 2.55 billion in the second quarter of 2026, up 24.00 percent year over year, while earnings per share rose 46.00 percent to USD 1.33.

The same call showed adjusted EBITDA margin at 32.10 percent, up 3.40 percentage points year over year. Organic growth reached 21.00 percent in the quarter, giving investors a clearer measure of underlying demand after acquisitions.

Guidance points to continued expansion

Management guided to third-quarter 2026 revenue of USD 2.75 billion plus or minus USD 10.00 million and adjusted earnings per share of USD 1.35 plus or minus USD 0.01, according to Yahoo Finance.

Full-year 2026 guidance called for 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. The company also raised its quarterly dividend from USD 0.12 to USD 0.14 per share, a 16.67 percent increase.

For investors, the central tension is visible in the numbers: aerospace demand is expanding, but the target cut places greater weight on valuation and execution. Howmet's second-quarter operating profit was USD 711.00 million, while its total assets stood at USD 13.25 billion on June 30, 2026.

Stock trades below its prior close

Howmet Aerospace stock was trading at EUR 201.20 at Lang & Schwarz on October 7, 2026 at 4:01 p.m. CEST, down 1.85 percent from the EUR 205.00 prior close dated October 6, 2026. The primary listing is on the NYSE, where the finance quote showed USD 225.34 at 2:05 p.m. UTC on October 7, 2026, with a 52-week range of USD 183.83 to USD 310.00 and market capitalization of USD 90.2 billion.

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