Honeywell Aerospace stock gained 1.06 percent. Goldman starts coverage

Published on 10/08/2026 at 05:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Goldman Sachs began coverage on October 7 with a Neutral rating and a USD 190.00 target. Q2 revenue reached USD 4.52 billion.

Honeywell Aerospace, US43849R1059, Illustration mit AI erstellt.

Honeywell Aerospace (ISIN US43849R1059) stock gained 1.06 percent to USD 157.39 at the October 6, 2026 close on Nasdaq. The move came as Goldman Sachs began coverage of the aerospace supplier with a Neutral rating and a USD 190.00 price target on October 7, 2026.

Goldman sets USD 190 target

According to Investing.com on October 7, 2026, Goldman Sachs initiated coverage at Neutral and based its USD 190.00 target on 15.0 times projected 2027 EV to EBITDA. Against the October 6 close of USD 157.39, that target stands 20.7 percent above the stock price.

The same report identifies slower top-line growth than some aerospace supply-chain peers and says investment needs could limit near-term margin expansion. That combination makes execution and operating improvement the key variables behind the valuation gap.

Q2 revenue reached USD 4.52 billion

TradingView lists Q2 2026 revenue at USD 4.52 billion and net income at USD 246.0 million. The revenue figure was 3.9 percent below Q1 2026 revenue of USD 4.70 billion, based on the same quarterly company data.

The latest reported quarter therefore leaves the stock balancing industrial demand against supply-chain execution. Honeywell Aerospace operates across avionics, engines and power systems, control systems, defense and space, and commercial aviation markets.

Results date gives the next checkpoint

Honeywell Aerospace announced on September 29, 2026, that it will publish third-quarter results after the Nasdaq close on October 28, 2026, followed by a conference call at 5:00 p.m. EDT. The scheduled report is the next company-specific test for the recovery case outlined by analysts.

Stock stays near yearly low

Honeywell Aerospace stock closed at USD 157.39 on Nasdaq on October 6, 2026, with a 52-week range of USD 149.19 to USD 297.50. The market capitalization was USD 49.9 billion and trading volume was 2,017,225 shares on that session.