Howmet Aerospace stock gains as fair value target is raised after strong second quarter

Published on 09/21/2026 at 17:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Howmet Aerospace stock closed at USD 229.85 on September 18, 2026 on the New York Stock Exchange after a 1.81% rise and sits 12.2% above its start of year level. Updated models now point to a fair value of USD 337.74 per share after double digit revenue growth and an earnings beat in the second quarter of 2026.

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Howmet Aerospace stock (ISIN US4432011082) closed at USD 229.85 on the New York Stock Exchange on September 18, 2026, gaining 1.81% from the prior session and extending its year to date advance to 12.2% from a start of year level near USD 204.89.

Fair value and analyst targets move higher

As Yahoo Finance reported on September 20, 2026, an updated valuation model lifted the fair value estimate for Howmet Aerospace from USD 325.93 to USD 337.74 per share, reflecting higher assumed revenue growth and slightly improved margin expectations in the coming years.

According to Yahoo Finance, the revenue growth assumption in the model increased from 13.01% to 13.81% while the net profit margin expectation edged up from 23.68% to 24.04%, and the implied future price to earnings multiple eased slightly from 51.44 to 51.25.

Consensus rating and upside potential

Per data compiled by MarketBeat as of September 18, 2026, Howmet Aerospace stock carries a consensus rating of Buy based on 2 strong buy ratings, 17 buy ratings and 2 hold ratings, with no sell ratings in the sample.

According to MarketBeat, the average 12 month price target for Howmet Aerospace stands at USD 318.00, which implies about 38.3% upside versus the USD 229.85 closing price recorded on September 18, 2026.

Recent operating performance and earnings beat

The fair value and price target upgrades follow what Yahoo Finance described as strong revenue growth and an earnings beat in the second quarter of 2026, with the valuation report highlighting that both top line expansion and profitability came in ahead of earlier expectations.

In the same context, Yahoo Finance noted that the discount rate used in the discounted cash flow model was adjusted slightly from 8.03% to 8.01%, contributing to the higher fair value output alongside the stronger revenue trajectory and margin assumptions.

Stock performance and valuation backdrop

As of September 18, 2026, Howmet Aerospace stock has risen from USD 204.89 at the beginning of 2026 to USD 229.85, a gain of 12.2% over the period, according to MarketBeat.

The same overview from MarketBeat shows a 52 week trading range for Howmet Aerospace stock between USD 183.83 and USD 310.00, placing the latest closing price roughly in the middle of that corridor and leaving room relative to both the 52 week high and the USD 318.00 consensus target.

Closing price and key metrics

On September 18, 2026, Howmet Aerospace stock closed at USD 229.85 on the New York Stock Exchange after trading between an intraday low near USD 224.24 and a high around USD 230.36, with a reported trading volume of about 4.73 million shares and a market capitalization of approximately USD 91.97 billion at that price level.