Howmet Aerospace Inc. (HWM)

Howmet Aerospace Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for Howmet Aerospace stock have an average target of 78.44, with a low estimate of 58 and a high estimate of 95. The average target predicts an increase of 0.53% from the current stock price of 78.03.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$58	$78.44	$85	$95
Change	-25.67%	+0.53%	+8.93%	+21.75%

Analyst Ratings

The average analyst rating for HWM stock from 16 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	6	5	5	6	7	7
Buy	7	8	8	7	7	7
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	1	1
Total	14	14	14	14	16	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Josh Sullivan Benchmark	Benchmark	Strong Buy Maintains $53 → $85	Strong Buy	Maintains	$53 → $85	+8.93%	Jul 12, 2024
Andre Madrid BTIG	BTIG	Strong Buy Initiates $95	Strong Buy	Initiates	$95	+21.75%	Jun 26, 2024
Chris Olin Northcoast Research	Northcoast Research	Hold → Strong Sell Downgrades $70	Hold → Strong Sell	Downgrades	$70	-10.29%	Jun 14, 2024
Philip Gibbs Keybanc	Keybanc	Buy Maintains $70 → $90	Buy	Maintains	$70 → $90	+15.34%	May 28, 2024
David Strauss Barclays	Barclays	Buy Maintains $65 → $85	Buy	Maintains	$65 → $85	+8.93%	May 6, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

7.42B

Increased by 11.70%

from 6.64B

Revenue Next Year

8.15B

Increased by 9.82%

from 7.42B

EPS This Year

2.42

Increased by 32.33%

from 1.83

EPS Next Year

2.93

Increased by 20.91%

from 2.42

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	7.10B	5.26B	4.97B	5.66B	6.64B	7.42B	8.15B	8.89B	9.57B	11.18B
Revenue Growth	4.72%	-25.91%	-5.46%	13.90%	17.25%	11.70%	9.82%	9.18%	7.59%	16.89%
EPS	1.03	0.59	0.59	1.11	1.83	2.42	2.93	3.50	4.11	5.48
EPS Growth	-20.77%	-42.72%	-	88.14%	64.86%	32.33%	20.91%	19.53%	17.37%	33.52%
Forward PE	-	-	-	-	-	32.22	26.65	22.30	19.00	14.23
No. Analysts	-	-	-	-	-	23	21	14	4	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	7.8B	9.1B	10.3B	11.0B	11.6B
Avg	7.4B	8.1B	8.9B	9.6B	11.2B
Low	7.1B	7.7B	8.3B	8.7B	10.9B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	17.4%	22.4%	26.2%	23.8%	21.5%
Avg	11.7%	9.8%	9.2%	7.6%	16.9%
Low	7.3%	4.1%	1.7%	-2.6%	13.4%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	2.60	3.51	4.41	5.06	5.70
Avg	2.42	2.93	3.50	4.11	5.48
Low	2.29	2.62	3.14	3.46	5.32

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	42.3%	44.8%	50.6%	44.6%	38.8%
Avg	32.3%	20.9%	19.5%	17.4%	33.5%
Low	25.3%	8.1%	7.1%	-1.2%	29.6%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.