Goldman Sachs starts coverage of Honeywell Aerospace stock at Neutral
Published on 10/08/2026 at 18:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Goldman Sachs began coverage of Honeywell Aerospace with a Neutral rating and a USD 190.00 target on October 7, 2026.
- Second-quarter 2026 revenue rose 5.40 percent to USD 4.52 billion, while net income fell 70.90 percent to USD 246.00 million.
- Honeywell Aerospace stock was trading at EUR 136.97 at Lang & Schwarz on October 8, 2026, up 0.18 percent versus EUR 136.72.
Honeywell Aerospace stock was trading at EUR 136.97 at Lang & Schwarz on October 8, 2026, up 0.18 percent versus the prior close of EUR 136.72. Investing.com reported on October 7 that Goldman Sachs began coverage with a Neutral rating and a USD 190.00 price target.
Goldman highlights margin pressure
Goldman Sachs described Honeywell Aerospace as exposed to attractive aerospace and defense markets, while warning that improvement efforts require upfront investment that could limit near-term margin expansion, according to Investing.com on October 7, 2026.
The USD 190.00 target is 23.89 percent above the Lang & Schwarz price when compared in the same currency is not possible, so the target remains separate from the euro reference quote. The current setup instead puts the focus on execution and the companys operating figures.
Chronology shows a tougher reset
On August 5, 2026, Honeywell Aerospace reported second-quarter revenue of USD 4.522 billion, up 5.40 percent year over year, while net income fell 70.90 percent to USD 246.00 million because of USD 329.00 million in spin-off costs and USD 200.00 million in interest expense, according to Financial Report Insights.
On September 17, 2026, Susquehanna initiated coverage with a Positive rating and a USD 190.00 price target, as reported by MarketScreener.
On October 7, 2026, Goldman Sachs became the latest major house to start coverage, choosing Neutral at the same USD 190.00 target, according to Investing.com.
What does the next report need to show?
The second-quarter comparison was mixed: revenue increased 5.40 percent, but adjusted earnings per share fell 32.00 percent to USD 1.87 and adjusted EBIT declined 6.70 percent to USD 995.00 million, according to Financial Report Insights. The data point to a conversion problem: demand and sales growth were positive, while supply constraints and higher costs weakened profitability.
Next dates are already set
Yahoo Finance reported on September 29, 2026 that Honeywell Aerospace will release third-quarter results after the Nasdaq close on October 28, 2026, followed by a conference call at 5:00 p.m. EDT.
Stock remains near its yearly low
The primary Nasdaq listing was quoted at USD 153.61 at 12:45 p.m. EDT on October 8, 2026, versus a USD 149.19 to USD 297.50 52-week range. Market capitalization was USD 48.7 billion as of October 8, 2026. For investors, the October 28 report will test whether revenue growth can translate into stronger adjusted profitability.
The further course of trading is shown by the continuously updated real-time quote of Honeywell Aerospace stock.
Honeywell Aerospace stock facts
- Company: Honeywell Aerospace Inc.
- ISIN: US43849R1059
- Ticker: HONA
- Primary exchange: Nasdaq
- Price Lang & Schwarz as of October 8, 2026: EUR 136.97
- Change versus prior close: plus 0.18 percent
- Prior close Lang & Schwarz September 7, 2026: EUR 136.72
- Market capitalization: USD 48.7 billion as of October 8, 2026
- 52-week range: USD 149.19-297.50 as of October 8, 2026
- Sector / Industry: Industrials / Aerospace and Defense
- Index membership: S&P 500 and S&P 100
- Next earnings date: October 28, 2026
Market context: Market report S&P 500.
