Howmet Aerospace (HWM) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $1.33
- Estimate
- $1.25
- Surprise
- +6.7%
- Revenue (period 2026-06-30)
- $2.55B
- Score today
- 6.2/10
Revenue source: xbrl.
How the report landed
Howmet Aerospace (HWM) beat the $1.25 estimate with diluted EPS of $1.33 — a clear 6.7% upside surprise.
Where TrendMatrix's rating stands now
TrendMatrix currently rates HWM Buy (Wait) at 6.2/10; no pre/post engine snapshot brackets this report.
4 of the last 4 quarters beat the estimate; this quarter's +6.7% surprise compares with a +7.5% four-quarter average. Next scheduled report: 2026-11-05.
What supports the rating
- V7 quality resilience bonus: +0.2 (Q=7.6 in RISK_OFF)
- Strong earnings beat streak (4/4)
What argues against it
- Concentration risk — Product: aerospace (70.0%)
- Concentration risk — Geographic: North America (72.0%)
- Sector modifier (Industrials): -0.7
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $227.90
- Entry target
- $219.22
- Price target
- $303.42
- Stop
- $199.01
- Upside to target
- +33.1%
- Reward-to-risk
- 3.8:1
The stock trades at 49.5× trailing but 35.6× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 30 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-09-14 — shown for context, not personalized investment advice.
HWM at TrendMatrix's latest read
Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.
- Industry
- Aerospace & Defense
- Market cap
- $91.57B
- P/E (fwd)
- 35.6
- P/E (ttm)
- 49.5
- 52-week range
- $182.78–$310.00
- Off 52-week high
- 26.5%
- RSI (14)
- 30
- Volume vs avg
- 0.82×
- Score today
- 6.2/10