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 · Editorial policy
Key numbers
- Adjusted 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 adjusted 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 +8.1% four-quarter average. Next scheduled report: 2026-10-29.
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
- $205.94
- Entry target
- $197.01
- Price target
- $292.10
- Stop
- $183.22
- Upside to target
- +41.8%
- Reward-to-risk
- 3.8:1
The stock trades at 44.4× trailing but 31.7× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: trading volume is running 1.6× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-30 — 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
- $82.13B
- P/E (fwd)
- 31.7
- P/E (ttm)
- 44.4
- 52-week range
- $183.52–$310.00
- Off 52-week high
- 33.6%
- RSI (14)
- 37
- Volume vs avg
- 1.55×
- Score today
- 6.2/10