Howmet Aerospace Beats Q2 Estimates with 24.1% Revenue Growth

Key Facts

1Howmet Aerospace reported Q2 revenue of $2.55 billion, exceeding analyst expectations.

2The company's adjusted earnings per share reached $1.33, with revenue growing 24.1% year-over-year.

3Citi maintained a Buy rating on the stock with a price target of $329.00.

Howmet Aerospace reported Q2 2026 revenue of $2.55 billion, exceeding analyst expectations of $2.43 billion. According to AD HOC NEWS, the company's adjusted earnings per share reached $1.33, beating the consensus estimate of $1.24, as revenue grew 24.1% on a year-over-year basis.

Citi maintained a Buy rating on HWM stock with a price target of $329.00, citing strong execution in the aerospace sector. HWM closed at $230.94 on September 29, 2026, following a second quarter where the company achieved an operating margin of 28.0% and an operating profit of $711.0 million.