RBC cuts target for Howmet Aerospace stock to USD 300

Published on 10/23/2026 at 10:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue was USD 2.55 billion, up 24.10 percent. Howmet Aerospace stock stood at EUR 173.35 on October 23, 2026.

Targets and earnings ahead

RBC Capital cut its target from USD 350.00 to USD 300.00 on October 15, 2026.
Second-quarter revenue reached USD 2.55 billion, up 24.10 percent year over year.
Howmet Aerospace stock traded at EUR 173.35 at 10:47 a.m. CEST at Lang & Schwarz on October 23, 2026.

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Howmet Aerospace stock (ISIN US4432011082) stood at EUR 173.35 at Lang & Schwarz on October 23, 2026, at 10:47 a.m. CEST. The latest analyst action was a lower price target from RBC Capital, while the company prepares to release third-quarter results.

According to MarketScreener, RBC Capital cut its Howmet target from USD 350.00 to USD 300.00 on October 15, 2026, while keeping an outperform rating. The reduction came as several aerospace analysts reassessed valuation ahead of the next report.

Three dated signals for investors

Howmet reported USD 1.33 adjusted earnings per share and USD 2.55 billion in revenue for the second quarter of 2026, compared with consensus estimates of USD 1.24 and USD 2.43 billion, respectively, according to MarketBeat on October 23, 2026. On October 14, 2026, the company declared a quarterly dividend of USD 0.14 per share, payable November 25, 2026, while RBC's October 15 target cut was the latest of the three developments.

What comes next for earnings?

Howmet Aerospace said on October 1, 2026, that it will publish third-quarter results on October 29, 2026, at approximately 7:00 a.m. ET, followed by a webcast at 10:00 a.m. ET. MarketBeat reported third-quarter adjusted earnings guidance of USD 1.34 to USD 1.36 per share and full-year 2026 guidance of USD 5.23 to USD 5.31 per share.

What does the target reset mean?

The lower RBC target contrasts with the second-quarter operating figures. Revenue rose 24.10 percent year over year to USD 2.55 billion, while adjusted earnings per share increased from USD 0.91 in the second quarter of 2025 to USD 1.33 in the second quarter of 2026, according to MarketBeat. For investors, the next report will test whether that growth can offset the valuation reset reflected in the October target changes.

Stock price and market value

On the NYSE, Howmet closed at USD 193.29 on October 22, 2026, while MarketWatch listed a 52-week range of USD 188.83 to USD 310.00 and market capitalization of USD 77.08 billion. The stock's euro quotation was EUR 173.35 at Lang & Schwarz on October 23, 2026 at 10:47 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Howmet Aerospace stock.