RBC Raises Howmet Aerospace Target to $350 Following Strong Q2 Results

Key Facts

The aerospace sector is seeing renewed momentum as rising commercial jet production rates fuel demand for specialized components. Howmet Aerospace reported a 'beat-and-raise' Q2 2026 earnings report, delivering strong financial results that exceeded market expectations. This performance led the company to upwardly revise its full-year 2026 guidance, citing robust demand across its primary aerospace segments.

In response to the strong quarterly performance, analysts at RBC, UBS, and Deutsche Bank raised their price targets for the stock. Specifically, RBC increased its target to $350 from $325, reflecting confidence in the company's revenue growth trajectory. Per market data, these revisions follow a period of impressive operational execution and increased production capacity within the commercial aviation supply chain.

At close on August 06, 2026, HWM was priced at $289.72, having traded within a range of $288.53 to $310 during the session. Traders are now looking toward broader industrial catalysts, such as the US ISM Manufacturing PMI data, to gauge the continued strength of the manufacturing environment supporting aerospace demand.