
Howmet Aerospace (HWM) Stock Forecast & Price Target
Howmet Aerospace (HWM) Analyst Ratings
Bulls say
Howmet Aerospace is well-positioned to benefit from the recovering aerospace and transportation industries, as well as the increasing demand for industrial gas turbines, which is expected to double to $2 billion over the next 3-5 years. The company's disciplined capital deployment and ability to secure supply chains and manpower also support its potential for long-term growth. Despite concerns surrounding aircraft production rates, Howmet's diversified product portfolio makes it poised to see upside from both OEM and MRO levels. With a focus on profitable opportunities and capacity expansion, the company is expected to continue delivering strong returns, making it a solid investment option for the future.
Bears say
Howmet Aerospace is facing challenges in the commercial transportation market with seven consecutive quarters of sales declines, and while management predicts a possible recovery in the future, there are still potential risks. However, the company is investing heavily in capacity expansion for its Engine Products segment, in anticipation of an upcycle in aerospace and industrial gas turbine demand. Valuation for the stock is currently higher than its historical average, but justified due to the company's exposure to growing end markets and potential demand increases in the future.
This aggregate rating is based on analysts' research of Howmet Aerospace and is not a guaranteed prediction by Public.com or investment advice.
Howmet Aerospace (HWM) Analyst Forecast & Price Prediction
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