Howmet Aerospace (HWM) Stock Forecast, Price Target & Predictions
HWM Stock Forecast
Howmet Aerospace stock forecast is as follows: an average price target of $97.44 (represents a -16.00% downside from HWM’s last price of $116.00) and a rating consensus of 'Buy', based on 16 wall street analysts offering a 1-year stock forecast.
HWM Price Target
The average price target for Howmet Aerospace (HWM) is $97.44 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $235.00 to $38.00. This represents a potential -16.00% downside from HWM's last price of $116.00.
HWM Analyst Ratings
According to 16 Wall Street analysts, Howmet Aerospace's rating consensus is 'Buy'. The analyst rating breakdown for HWM stock is 0 'Strong Buy' (0.00%), 13 'Buy' (81.25%), 3 'Hold' (18.75%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Howmet Aerospace Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 18, 2024 | Michael Ciarmoli | Truist Financial | $123.00 | $106.21 | 15.81% | 6.03% |
| Oct 03, 2024 | Scott Deuschle | Deutsche Bank | $235.00 | $100.75 | 133.25% | 102.59% |
| May 28, 2024 | Philip Gibbs | KeyBanc | $90.00 | $84.34 | 6.71% | -22.41% |
| May 06, 2024 | John Eade | Argus Research | $90.00 | $78.89 | 14.08% | -22.41% |
| May 03, 2024 | Michael Ciarmoli | Truist Financial | $88.00 | $77.10 | 14.14% | -24.14% |
| May 03, 2024 | Ken Herbert | RBC Capital | $90.00 | $77.10 | 16.73% | -22.41% |
| May 03, 2024 | Peter Arment | Robert W. Baird | $84.00 | $77.10 | 8.95% | -27.59% |
| Apr 01, 2024 | Sheila Kahyaoglu | Jefferies | $80.00 | $65.93 | 21.34% | -31.03% |
| Mar 18, 2024 | Ken Herbert | RBC Capital | $75.00 | $66.74 | 12.38% | -35.34% |
| Jan 10, 2024 | Michael Ciarmoli | Truist Financial | $74.00 | $55.57 | 33.17% | -36.21% |
The latest Howmet Aerospace stock forecast, released on Oct 18, 2024 by Michael Ciarmoli from Truist Financial, set a price target of $123.00, which represents a 15.81% increase from the stock price at the time of the forecast ($106.21), and a 6.03% increase from HWM last price ($116.00).
Howmet Aerospace Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 10 |
| Avg Price Target | - | $179.00 | $102.90 |
| Last Closing Price | $116.00 | $116.00 | $116.00 |
| Upside/Downside | -100.00% | 54.31% | -11.29% |
In the current month, the average price target of Howmet Aerospace stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Howmet Aerospace's last price of $116.00. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 07, 2024 | Susquehanna | Positive | Positive | Hold |
| Oct 23, 2024 | KeyBanc | Overweight | Sector Weight | Downgrade |
| Oct 21, 2024 | Bernstein | Outperform | Outperform | Hold |
| Oct 08, 2024 | Susquehanna | - | Positive | Initialise |
| Oct 03, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Aug 05, 2024 | BTIG | Buy | Buy | Hold |
| Aug 05, 2024 | Barclays | Overweight | Overweight | Hold |
| Aug 02, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Aug 01, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Jul 31, 2024 | RBC Capital | Outperform | Outperform | Hold |
Howmet Aerospace's last stock rating was published by Susquehanna on Nov 07, 2024. The company gave HWM a "Positive" rating, the same as its previous rate.
Howmet Aerospace Financial Forecast
Howmet Aerospace Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $1.73B | $1.66B | $1.65B | $1.60B | $1.51B | $1.43B | $1.39B | $1.32B | $1.28B | $1.28B | $1.20B | $1.21B | $1.24B | $1.13B | $1.25B | $3.21B | $3.40B | $3.56B |
| Avg Forecast | $2.29B | $2.20B | $2.21B | $2.11B | $2.07B | $2.00B | $1.98B | $1.91B | $1.87B | $1.85B | $1.83B | $1.74B | $1.65B | $1.60B | $1.61B | $1.49B | $1.47B | $1.44B | $1.37B | $1.31B | $1.31B | $1.30B | $1.22B | $1.22B | $1.23B | $1.12B | $1.12B | $3.04B | $3.48B | $3.59B |
| High Forecast | $2.32B | $2.23B | $2.23B | $2.14B | $2.10B | $2.02B | $2.01B | $1.92B | $1.89B | $1.86B | $1.83B | $1.74B | $1.68B | $1.62B | $1.63B | $1.51B | $1.48B | $1.44B | $1.37B | $1.31B | $1.31B | $1.30B | $1.22B | $1.22B | $1.23B | $1.12B | $1.12B | $3.04B | $3.48B | $3.59B |
| Low Forecast | $2.26B | $2.17B | $2.17B | $2.08B | $2.04B | $1.97B | $1.95B | $1.89B | $1.86B | $1.85B | $1.83B | $1.74B | $1.63B | $1.55B | $1.58B | $1.47B | $1.44B | $1.44B | $1.37B | $1.31B | $1.31B | $1.30B | $1.22B | $1.22B | $1.23B | $1.12B | $1.12B | $3.04B | $3.48B | $3.59B |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 11 | 5 | 3 | 3 | 6 | 17 | 8 | 8 | 7 | 7 | 12 | 7 | 14 | 8 | 9 | 15 | 10 | 3 | 3 | 3 | 2 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.04% | 1.02% | 1.08% | 1.03% | 0.99% | 1.02% | 1.01% | 0.98% | 0.98% | 0.98% | 0.99% | 1.01% | 1.01% | 1.12% | 1.06% | 0.98% | 0.99% |
Howmet Aerospace's average Quarter revenue forecast for Mar 24 based on 3 analysts is $1.74B, with a low forecast of $1.74B, and a high forecast of $1.74B. HWM's average Quarter revenue forecast represents a 0.31% increase compared to the company's last Quarter revenue of $1.73B (Dec 23).
Howmet Aerospace EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 11 | 5 | 3 | 3 | 6 | 17 | 8 | 8 | 7 | 7 | 12 | 7 | 14 | 8 | 9 | 15 | 10 | 3 | 3 | 3 | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $378.00M | $364.00M | $365.00M | $348.00M | $265.00M | $226.00M | $306.00M | $294.00M | $203.00M | $154.00M | $266.00M | $253.00M | $214.00M | $133.00M | $120.00M | $511.00M | $515.00M | $426.00M |
| Avg Forecast | $404.08M | $387.70M | $388.66M | $372.25M | $365.06M | $352.61M | $349.52M | $336.94M | $329.94M | $326.30M | $323.07M | $332.33M | $291.17M | $281.47M | $283.52M | $302.12M | $215.60M | $284.58M | $269.46M | $274.66M | $258.19M | $256.78M | $239.53M | $213.05M | $241.69M | $221.18M | $221.06M | $312.00M | $685.11M | $706.39M |
| High Forecast | $408.74M | $392.17M | $393.14M | $376.54M | $369.27M | $356.67M | $353.55M | $338.72M | $333.47M | $326.92M | $323.10M | $398.80M | $296.47M | $285.02M | $286.79M | $362.54M | $258.72M | $284.58M | $269.46M | $329.59M | $258.19M | $256.78M | $239.53M | $255.66M | $241.69M | $221.18M | $221.06M | $374.40M | $685.11M | $706.39M |
| Low Forecast | $397.84M | $381.71M | $382.65M | $366.50M | $359.42M | $347.16M | $344.12M | $333.38M | $328.18M | $325.69M | $323.04M | $265.87M | $287.64M | $273.22M | $279.14M | $241.70M | $172.48M | $284.58M | $269.46M | $219.72M | $258.19M | $256.78M | $239.53M | $170.44M | $241.69M | $221.18M | $221.06M | $249.60M | $685.11M | $706.39M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.30% | 1.29% | 1.29% | 1.15% | 1.23% | 0.79% | 1.14% | 1.07% | 0.79% | 0.60% | 1.11% | 1.19% | 0.89% | 0.60% | 0.54% | 1.64% | 0.75% | 0.60% |
3 analysts predict HWM's average Quarter EBITDA for Mar 24 to be $332.33M, with a high of $398.80M and a low of $265.87M. This is -12.08% lower than Howmet Aerospace's previous annual EBITDA (Dec 23) of $378.00M.
Howmet Aerospace Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 11 | 5 | 3 | 3 | 6 | 17 | 8 | 8 | 7 | 7 | 12 | 7 | 14 | 8 | 9 | 15 | 10 | 3 | 3 | 3 | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $236.00M | $188.00M | $193.00M | $148.00M | $111.00M | $80.00M | $147.00M | $131.00M | $77.00M | $27.00M | $74.00M | $80.00M | $106.00M | $36.00M | $-96.00M | $215.00M | $309.00M | $95.00M |
| Avg Forecast | $431.20M | $382.40M | $380.94M | $332.31M | $350.83M | $332.68M | $318.39M | $288.53M | $292.26M | $268.27M | $246.33M | $147.58M | $190.83M | $175.84M | $177.38M | $134.16M | $81.78M | $147.74M | $134.53M | $121.97M | $118.51M | $103.89M | $89.12M | $67.37M | $70.40M | $19.86M | $24.66M | $139.75M | $170.12M | $164.10M |
| High Forecast | $437.67M | $388.13M | $386.65M | $337.29M | $356.09M | $337.66M | $323.16M | $300.55M | $304.61M | $269.56M | $246.50M | $177.09M | $194.98M | $188.11M | $180.04M | $160.99M | $98.14M | $147.74M | $134.53M | $146.36M | $118.51M | $103.89M | $89.12M | $80.84M | $70.40M | $19.86M | $24.66M | $167.70M | $170.12M | $164.10M |
| Low Forecast | $422.54M | $374.72M | $373.29M | $325.63M | $343.78M | $326.00M | $311.99M | $284.52M | $288.14M | $266.97M | $246.16M | $118.06M | $182.54M | $167.67M | $173.82M | $107.33M | $65.42M | $147.74M | $134.53M | $97.57M | $118.51M | $103.89M | $89.12M | $53.89M | $70.40M | $19.86M | $24.66M | $111.80M | $170.12M | $164.10M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.24% | 1.07% | 1.09% | 1.10% | 1.36% | 0.54% | 1.09% | 1.07% | 0.65% | 0.26% | 0.83% | 1.19% | 1.51% | 1.81% | -3.89% | 1.54% | 1.82% | 0.58% |
Howmet Aerospace's average Quarter net income forecast for Mar 24 is $147.58M, with a range of $118.06M to $177.09M. HWM's average Quarter net income forecast represents a -37.47% decrease compared to the company's last Quarter net income of $236.00M (Dec 23).
Howmet Aerospace SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 11 | 5 | 3 | 3 | 6 | 17 | 8 | 8 | 7 | 7 | 12 | 7 | 14 | 8 | 9 | 15 | 10 | 3 | 3 | 3 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $93.00M | $87.00M | $88.00M | $75.00M | $63.00M | $73.00M | $83.00M | $67.00M | $64.00M | $69.00M | $59.00M | $67.00M | - | $73.00M | $81.00M | $169.00M | $181.00M | $167.00M |
| Avg Forecast | $117.11M | $112.36M | $112.64M | $107.89M | $105.80M | $102.20M | $101.30M | $97.65M | $95.63M | $94.57M | $93.63M | $77.73M | $84.39M | $81.58M | $82.17M | $70.67M | $67.97M | $73.74M | $69.82M | $64.24M | $66.90M | $66.53M | $62.06M | $56.42M | $62.62M | $57.31M | $57.28M | $200.85M | $177.52M | $183.03M |
| High Forecast | $118.46M | $113.66M | $113.94M | $109.13M | $107.02M | $103.37M | $102.47M | $98.17M | $96.65M | $94.75M | $93.64M | $93.28M | $85.92M | $82.61M | $83.12M | $84.80M | $81.57M | $73.74M | $69.82M | $77.09M | $66.90M | $66.53M | $62.06M | $67.71M | $62.62M | $57.31M | $57.28M | $241.02M | $177.52M | $183.03M |
| Low Forecast | $115.31M | $110.63M | $110.90M | $106.22M | $104.17M | $100.62M | $99.74M | $96.62M | $95.12M | $94.39M | $93.63M | $62.19M | $83.37M | $79.19M | $80.90M | $56.53M | $54.38M | $73.74M | $69.82M | $51.39M | $66.90M | $66.53M | $62.06M | $45.14M | $62.62M | $57.31M | $57.28M | $160.68M | $177.52M | $183.03M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.10% | 1.07% | 1.07% | 1.06% | 0.93% | 0.99% | 1.19% | 1.04% | 0.96% | 1.04% | 0.95% | 1.19% | - | 1.27% | 1.41% | 0.84% | 1.02% | 0.91% |
Howmet Aerospace's average Quarter SG&A projection for Mar 24 is $77.73M, based on 3 Wall Street analysts, with a range of $62.19M to $93.28M. The forecast indicates a -16.42% fall compared to HWM last annual SG&A of $93.00M (Dec 23).
Howmet Aerospace EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 11 | 5 | 3 | 3 | 6 | 17 | 8 | 8 | 7 | 7 | 12 | 7 | 14 | 8 | 9 | 15 | 10 | 3 | 3 | 3 | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.57 | $0.46 | $0.19 | $0.36 | $0.27 | $0.19 | $0.35 | $0.31 | $0.18 | $0.06 | $0.17 | $0.18 | $0.24 | $0.08 | $-0.22 | $0.49 | $0.71 | $0.22 |
| Avg Forecast | $1.05 | $0.93 | $0.93 | $0.81 | $0.86 | $0.81 | $0.78 | $0.70 | $0.71 | $0.65 | $0.60 | $0.52 | $0.47 | $0.43 | $0.43 | $0.38 | $0.38 | $0.36 | $0.33 | $0.29 | $0.29 | $0.25 | $0.22 | $0.19 | $0.17 | $0.05 | $0.06 | $0.40 | $0.41 | $0.40 |
| High Forecast | $1.07 | $0.95 | $0.94 | $0.82 | $0.87 | $0.82 | $0.79 | $0.73 | $0.74 | $0.66 | $0.60 | $0.52 | $0.48 | $0.46 | $0.44 | $0.38 | $0.38 | $0.36 | $0.33 | $0.29 | $0.29 | $0.25 | $0.22 | $0.19 | $0.17 | $0.05 | $0.06 | $0.40 | $0.41 | $0.40 |
| Low Forecast | $1.03 | $0.91 | $0.91 | $0.79 | $0.84 | $0.80 | $0.76 | $0.69 | $0.70 | $0.65 | $0.60 | $0.52 | $0.45 | $0.41 | $0.42 | $0.37 | $0.37 | $0.36 | $0.33 | $0.29 | $0.29 | $0.25 | $0.22 | $0.19 | $0.17 | $0.05 | $0.06 | $0.40 | $0.41 | $0.40 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.22% | 1.07% | 0.44% | 0.96% | 0.71% | 0.53% | 1.07% | 1.06% | 0.62% | 0.24% | 0.78% | 0.94% | 1.43% | 1.66% | -3.67% | 1.23% | 1.72% | 0.55% |
According to 3 Wall Street analysts, Howmet Aerospace's projected average Quarter EPS for Mar 24 is $0.52, with a low estimate of $0.52 and a high estimate of $0.52. This represents a -9.09% decrease compared to HWM previous annual EPS of $0.57 (Dec 23).
Howmet Aerospace Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SPR | Spirit AeroSystems | $31.84 | $45.92 | 44.22% | Hold |
| HII | Huntington Ingalls Industries | $191.61 | $244.83 | 27.78% | Hold |
| MRCY | Mercury Systems | $38.97 | $46.33 | 18.89% | Hold |
| AIR | AAR | $67.35 | $80.00 | 18.78% | Buy |
| HXL | Hexcel | $58.78 | $67.62 | 15.04% | Hold |
| GD | General Dynamics | $280.96 | $302.14 | 7.54% | Buy |
| LHX | L3Harris | $243.58 | $253.76 | 4.18% | Buy |
| NOC | Northrop Grumman | $491.02 | $503.44 | 2.53% | Hold |
| WWD | Woodward | $170.85 | $166.80 | -2.37% | Hold |
| DCO | Ducommun | $65.73 | $60.00 | -8.72% | Buy |
| CW | Curtiss-Wright | $361.84 | $327.20 | -9.57% | Buy |
| HWM | Howmet Aerospace | $116.00 | $97.44 | -16.00% | Buy |
| ERJ | Embraer | $37.69 | $28.50 | -24.38% | Hold |
| MOG-A | Moog | $218.19 | $131.00 | -39.96% | Buy |