Howmet Aerospace Inc. (HWM) - Stock Analysis

Last updated: Sep 20, 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
$230.94
Market Cap
$92.45B
1D Return
+1.15%
YTD Return
+12.81%

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Valuation Metrics

P/E
49.5
P/B
16.1
P/S
10.1
EV/EBITDA
35.2
Div Yield
0.22%

Fundamental Analysis

7.0

Key Financial Insights: • Margin Expansion • Rising Leverage • Strong Cash Flow HWM delivers strong, improving margins and cash flow, but rising leverage, weaker liquidity, intangible-heavy equity, and premium valuation warrant caution.

StrongProfitability
ValuationRisk

Price Behavior

4.0

Key Price Behavior Insights: • Persistent downtrend • Critical support • Modest rebound Support Level: $224.67 Resistance Level: $231.53–$232.62 HWM is bearish over the last month, with $224.67 support critical and a limited oversold bounce possible below $231.53–$232.62 resistance.

Bearish
Oversold

Sentiment & News

7.0

Key News Insights: • Aerospace Demand Strength • Turbine Blade Expansion • Valuation Volatility Howmet's strong aerospace, defense, and turbine-blade growth supports upside momentum, though valuation, transportation weakness, and volatility warrant caution.

AerospaceGrowth
ValuationRisk
AI

AI Summary

7.0
Positive

HWM is evolving into a scarce-capacity aerospace and turbine supplier with exceptional margins and cash conversion, but its premium valuation now requires flawless capacity expansion and CAM integration; investors should favor the shares only if free-cash-flow conversion, net debt, and utilization remain strong despite GE's CPP insourcing threat.

AerospaceGrowth
ExecutionRisk
Valuation
AI summary updated 9 days ago

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.