90/100BHowmet Aerospace stock forecast 2026–2030
Analysts' average 12-month price target for Howmet Aerospace is 324.10, 57.5% above the current price of 205.78. Their targets range from 280.00 to 350.00.
Of the 14 firms that rated Howmet Aerospace in the past 12 months, 12 rate it buy or strong buy, 2 hold and 0 sell or strong sell (each firm at its latest rating): a Strong buy consensus.
Analysts' 1-year price targets range from 280.00 to 350.00, with an average of 324.10.
| Strong buy | 0 | |
| Buy | 12 | |
| Hold | 2 | |
| Sell | 0 | |
| Strong sell | 0 |
12-month price target
| Highest target | 350.00 |
| Average target | 324.10 |
| Lowest target | 280.00 |
| Current price | 205.78 |
Howmet Aerospace price target history
Have analysts recently raised or lowered their Howmet Aerospace price target and rating?
How analysts rate Howmet Aerospace, month by month
12 of 14 firms rate it buy now, against 11 of 13 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Howmet Aerospace analyst upgrades, downgrades and price targets
The latest rating change came on 3 November 2026, when Keybanc upgraded Howmet Aerospace from Sector Weight to Overweight. The most recent new target came from BTIG on 3 November 2026: 280.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 3 Nov 2026 | BTIG Andre Madrid | — | 300.00 → 280.00 | -6.7% | 212.97 |
| 3 Nov 2026 | Keybanc | Upgraded · Sector Weight → Overweight | — | — | — |
| 2 Nov 2026 | Jefferies Sheila Kahyaoglu | Reiterated · Buy | 370.00 → 350.00 | -5.4% | 199.36 |
| 7 Oct 2026 | Bernstein Douglas Harned | — | 328.00 → 298.00 | -9.1% | 225.30 |
| 14 Sept 2026 | Guggenheim | — | 350.00 | — | 227.13 |
| 2 Sept 2026 | Deutsche Bank Scott Deuschle | — | 320.00 → 343.00 | +7.2% | 252.04 |
| 24 Aug 2026 | Bernstein | Reiterated · Outperform | 318.00 → 328.00 | +3.1% | 265.88 |
| 10 Aug 2026 | Morgan Stanley Kristine Liwag | — | 315.00 → 335.00 | +6.3% | 285.14 |
| 10 Aug 2026 | Wells Fargo | — | 315.00 | — | 281.88 |
| 9 Aug 2026 | Jefferies | — | 340.00 → 370.00 | +8.8% | 281.88 |
| 7 Aug 2026 | RBC Capital | Reiterated · Outperform | 300.00 → 350.00 | +16.7% | 285.35 |
| 9 Jul 2026 | Jefferies | Reiterated · Buy | 320.00 → 340.00 | +6.3% | 275.01 |
| 16 Jun 2026 | Bernstein Douglas Harned | — | 280.00 → 318.00 | +13.6% | 277.30 |
| 10 May 2026 | Jefferies Sheila Kahyaoglu | — | 315.00 → 320.00 | +1.6% | 270.56 |
| 8 May 2026 | Morgan Stanley | — | 280.00 → 315.00 | +12.5% | 274.60 |
| 8 May 2026 | UBS | Reiterated · Neutral | 260.00 → 290.00 | +11.5% | 274.54 |
| 8 May 2026 | Susquehanna | Reiterated · Positive | 290.00 → 330.00 | +13.8% | 274.01 |
| 8 May 2026 | Deutsche Bank Scott Deuschle | — | 278.00 → 320.00 | +15.1% | 275.36 |
| 8 May 2026 | BTIG | Reiterated · Buy | 275.00 → 300.00 | +9.1% | 272.54 |
| 11 Mar 2026 | Wolfe Research Myles Walton | — | 270.00 | — | 251.47 |
| 11 Mar 2026 | Truist Financial Michael Ciarmoli | — | 258.00 → 280.00 | +8.5% | 251.47 |
| 11 Mar 2026 | RBC Capital | Reiterated · Outperform | 275.00 → 300.00 | +9.1% | 251.65 |
| 18 Feb 2026 | BTIG | Reiterated · Buy | 205.00 → 275.00 | +34.1% | 252.55 |
| 17 Feb 2026 | Goldman Sachs | Reiterated · Buy | 228.00 | — | 250.21 |
| 17 Feb 2026 | Bernstein | — | 247.00 → 280.00 | +13.4% | 249.06 |
| 17 Feb 2026 | UBS | Reiterated · Neutral | 209.00 → 260.00 | +24.4% | 250.21 |
| 15 Feb 2026 | Jefferies Sheila Kahyaoglu | — | 315.00 | — | 250.21 |
| 13 Feb 2026 | Morgan Stanley | — | 225.00 → 280.00 | +24.4% | 250.54 |
| 13 Feb 2026 | RBC Capital | — | 235.00 → 275.00 | +17.0% | 250.85 |
| 13 Feb 2026 | Deutsche Bank Scott Deuschle | — | 278.00 | — | 248.61 |
| 13 Feb 2026 | Susquehanna Charles Minervino | Reiterated · Positive | 255.00 → 290.00 | +13.7% | 244.79 |
| 15 Jan 2026 | Susquehanna | — | 235.00 → 255.00 | +8.5% | 225.86 |
| 9 Jan 2026 | Truist Financial | — | 217.00 → 258.00 | +18.9% | 210.02 |
| 6 Jan 2026 | Bernstein | — | 247.00 | — | 212.13 |
Howmet Aerospace EPS and revenue estimates
Analysts expect Howmet Aerospace's EPS to grow 28.7% a year until 2028, slower than over the last 5 years (50.5% a year) and the last 3 years (49.5%).
Analysts expect Howmet Aerospace's revenue to grow 16.7% a year until 2028, faster than over the last 5 years (9.4% a year) and the last 3 years (13.4%).
Revenue
EPS
Does Howmet Aerospace beat earnings estimates?
On average, analysts' EPS estimate was 8.2% off the result, either way, and their revenue estimate 2.8%, over the last 12 quarters.
- EPS beats
- 90 / 135
- Revenue beats
- 38 / 55
- Average EPS surprise, last 12
- +8.2%
- Since
- January 1993
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 29 Oct 2026 | 1.37 | 1.46 | +6.6% | 2.59B | 2.70B | +4.3% |
| Q2 FY2026 | 6 Aug 2026 | 1.24 | 1.33 | +7.3% | 2.43B | 2.55B | +4.9% |
| Q1 FY2026 | 7 May 2026 | 1.11 | 1.22 | +9.9% | 2.24B | 2.31B | +3.3% |
| Q4 FY2025 | 12 Feb 2026 | 0.97 | 1.05 | +8.8% | 2.12B | 2.17B | +2.1% |
| Q3 FY2025 | 30 Oct 2025 | 0.91 | 0.95 | +4.4% | 2.04B | 2.09B | +2.3% |
| Q2 FY2025 | 31 Jul 2025 | 0.87 | 0.91 | +4.4% | 2.01B | 2.05B | +2.3% |
| Q1 FY2025 | 1 May 2025 | 0.78 | 0.86 | +10.8% | 1.94B | 1.94B | +0.0% |
| Q4 FY2024 | 13 Feb 2025 | 0.71 | 0.74 | +4.2% | 1.88B | 1.89B | +0.6% |
| Q3 FY2024 | 6 Nov 2024 | 0.66 | 0.71 | +7.6% | 1.85B | 1.84B | -0.9% |
| Q2 FY2024 | 30 Jul 2024 | 0.60 | 0.67 | +11.7% | 1.83B | 1.88B | +2.5% |
| Q1 FY2024 | 2 May 2024 | 0.52 | 0.57 | +9.6% | 1.74B | 1.82B | +5.0% |
| Q4 FY2023 | 13 Feb 2024 | 0.47 | 0.53 | +12.8% | 1.65B | 1.73B | +4.7% |
Howmet Aerospace stock price 2026–2030: scenarios
If Howmet Aerospace's earnings keep growing at the 28.0% a year analysts expect to FY2028, it would earn about 12.94 a share in FY2030. At the P/E it has traded at over the last five years (29.3 to 55.0) that is 378.68 to 711.50 a share, or 546.53 at its average P/E of 42.2. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 5.49 | 160.62 | 231.81 | 301.78 |
| FY2027 | 6.65 | 194.52 | 280.73 | 365.47 |
| FY2028 | 7.90 | 231.19 | 333.67 | 434.39 |
| FY2029 (extrapolated) | 10.11 | 295.89 | 427.04 | 555.94 |
| FY2030 (extrapolated) | 12.94 | 378.68 | 546.53 | 711.50 |
Each year's EPS is the analysts' consensus to FY2028; the years after continue its 28.0% a year. Bear, base and bull apply the lowest, average and highest P/E of the last five fiscal year ends (29.3, 42.2, 55.0).
Is Howmet Aerospace stock undervalued or overvalued?
Howmet Aerospace's P/E of 40.1 is below the middle of its 5-year range (33.5 to 70.7, median 48.2). Analysts do not expect slower growth than in recent years, so it is cheaper than its usual level. Buyers pay more for each point of growth than usual: a PEG of 1.4 on expected growth against 1.0 on its median P/E and past five years' growth. Growing 28.7% a year, Howmet Aerospace earns a P/E of 25.0 at a PEG of 1 (at most 25): × the next twelve months' EPS of 6.48, a fair value of 161.94; the price, 205.78, is 27.1% above it. Its forward P/E, on the consensus for FY2026, is 37.5.
Fair value on growth is a P/E equal to the EPS growth analysts expect a year (a PEG of 1, at most 25) times the earnings per share of the next twelve months; the ends of the bar are a PEG of 0.75 and 1.25 (a P/E of 18.8 and 31.3). The price against its P/E range
- Price to earnings ratio (TTM)
- 40.11
- Five-year median P/E
- 48.17
- Five-year P/E range
- 33.5 – 70.7
- Forward P/E (FY2026)
- 37.48
- PEG ratio
- 1.43
- To the average target
- +57.5%
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