Howmet Aerospace Inc. (HWM) - Stock Analysis

Last updated: Aug 15, 2026

Research Idea

Research content for general circulation. Not individualized advice. Methodology & Disclosures

Aerospace supplier with strong operating evidence: Q1 2026 revenue rose 19% YoY, EPS/free cash flow improved, management beat the high end of guidance and raised full-year 2026 guidance, supported by $300M of buybacks and robust aerospace/defense demand.

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Idea window: 7/1/2026 – 7/8/2026Sector: Industrials

AI Analyst Overview

Last Price
$289.18
Market Cap
$115.70B
1D Return
+2.25%
YTD Return
+41.26%

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Valuation Metrics

P/E
61.9
P/B
20.2
P/S
12.7
EV/EBITDA
43.7
Div Yield
0.17%

Fundamental Analysis

8.0

Key Financial Insights: • Margin Expansion • Strong Cash Flow • Rising Leverage HWM remains highly profitable and cash-generative with improving margins and strong coverage, but rising leverage, softer liquidity, and a rich valuation make the upside less forgiving.

CashFlow
Leverage

Price Behavior

6.5

Key Price Behavior Insights: • Higher lows • Resistance ceiling • Momentum cooled Support Level: $281-$282 Resistance Level: $291.28 HWM is in a constructive uptrend over the last month, but it remains capped near $291.28 and needs a breakout above resistance to extend higher.

uptrend
consolidation

Sentiment & News

8.5

Key News Insights: • Earnings beat • Aerospace strength • Bullish analysts Howmet is delivering strong earnings momentum on booming commercial aerospace and turbine demand, raising guidance and capital spending as analysts turn more bullish despite some institutional selling.

Howmet
Aerospace
AI

AI Summary

7.5
Positive

HWM has evolved from a simple cyclical rebound into a higher-quality compounder with improving margins, strong free cash flow, and raised guidance, but at current levels the stock now depends on continued execution and margin expansion to justify its premium valuation amid rising leverage and acquisition risk.

MarginExpansion
ValuationRisk
FreeCashFlow
AI summary updated today

Description

Howmet Aerospace Inc. supplies engineered metal components and assemblies to aerospace, defense and transportation customers worldwide, with operations across North America, Europe, Asia and Mexico. Its business is organized into Engine Products, Fastening Systems, Engineered Structures and Forged Wheels, producing items such as airfoils, rolled rings, fasteners, titanium and aluminum forgings, and forged aluminum wheels. Founded in 1888 and headquartered in Pittsburgh, Pennsylvania, the company was formerly known as Arconic Inc.

Idea History

DateCloseTickerCompanySummaryStatusP/L
Jul 1Jul 8HWMHowmet Aerospace Inc.
Aerospace supplier with strong operating evidence: Q1 2026 revenue rose 19% YoY, EPS/free cash flow improved, management beat the high end of guidance and raised full-year 2026 guidance, supported by $300M of buybacks and robust aerospace/defense demand.
Closed+1.6%
Research content for educational purposes only. Not investment advice. All decisions are your responsibility.