Howmet Rises 26.5% Year to Date: Should Investors Buy the Stock Now?

Howmet Aerospace (HWM) shares fell 10% after GE Aerospace's $11.75B acquisition of CPP, raising concerns about reduced supplier reliance. CEO John Plant remains confident, citing strong demand and growth opportunities in aerospace and data centers. Howmet faces capacity expansion challenges but sees potential pricing power and further investment.

Howmet Aerospace Inc. (HWM), a $91.2B aerospace company, reported Q2 2026 results with raised EPS and revenue guidance. Shares are up 24.6% over 52 weeks but down 26% from 52-week high. Analysts give HWM a 'Strong Buy' rating with a $332.57 mean price target.

Howmet Aerospace (HWM) reported 28% year-over-year revenue growth in Q2 2026, driven by strong commercial aerospace demand. Engine Products segment revenue grew 32% to $1.37B, while Fastening Systems saw 37% growth to $589M. Boeing's 737 MAX recovery and Airbus build rates support future demand. HWM acquired Stanley Black & Decker's CAM business for $1.8B. HWM shares gained 22.7% in the past year, trading at a forward P/E of 38.44X.

GE Aerospace plans to acquire Consolidated Precision Products for $11.75B, aiming to integrate its production facilities and reduce reliance on third-party suppliers. The deal is expected to close in 2027. Howmet Aerospace shares dropped 10% post-announcement, but industry fundamentals suggest strong demand for casting capacity. Howmet maintains high profit margins and financial strength, with analysts seeing 35% upside potential.

Elon Musk's announcement that SpaceX will manufacture turbine blades in-house caused Howmet Aerospace (HWM) shares to drop over 10%. GE Aerospace (GE) responded by acquiring Consolidated Precision Products for $11.75B, citing the strategic importance of securing engine production. Analysts note that demand for turbine blades is expected to grow 30% by 2030, and GE will still rely on third-party suppliers like Howmet.

Howmet Aerospace (HWM) stock fell 7.5% after SpaceX announced plans to manufacture gas-turbine blades in-house. Despite this, HWM is up 26% YTD and 48% over the past year. Q2 2026 revenue was $2.54B, up 24% YOY, with adjusted EPS of $1.33. Analysts maintain positive ratings, with an average price target of $332.57.