Howmet Aerospace Inc. (HWM), headquartered in Pittsburgh, Pennsylvania, provides advanced engineering solutions for the aerospace and transportation industries. Valued with a market capitalization of $102.4 billion, the company plans to announce its fiscal first quarter 2026 results before the market opens on Thursday, May 7.
Ahead of this event, analysts expect this aerospace and defense company to post earnings of $1.11 per share, up 29.1% from $0.86 per share in the prior-year quarter. The company has surpassed Wall Street earnings estimates in each of the last four quarters. Its earnings of $1.05 per share in the previous quarter beat the forecast by 8.3%.
For the current fiscal year, which ends in December, analysts expect HWM to post a profit of $4.57 per share, representing an increase of 21.2% from $3.77 per share in fiscal 2025. Additionally, its EPS is expected to grow 19.3% year-over-year to $5.45 in fiscal 2027.
HWM has rallied 105.9% over the past 52 weeks, significantly outperforming both the S&P 500 Index ($SPX)’s 34.6% return and the State Street Industrial Select Sector SPDR ETF’s (XLI) 40.2% gain over the same time period.
On April 17, HWM shares rose 3.3% as easing tensions in the Middle East improved prospects for the aviation sector. Lower fuel costs are helping airlines regain profits, making it easier for them to order new, fuel-efficient planes. This has improved confidence among aerospace companies, with investors expecting more stable order flows. At the same time, the reopening of key trade routes is reducing supply chain disruptions for important materials and components.
Wall Street analysts are very bullish on HWM stock, with an overall rating of “Strong Buy.” Among the 24 analysts covering the stock, 19 recommend “Strong Buy”, one indicates “Moderate Buy” and four suggest “Hold”. HWM’s average price target is $279.86, indicating a potential upside of 13.2% from current levels.
On the date of publication, Neharika Jain had no (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article are for informational purposes only. This article was originally published on Barchart.com