Howmet Aerospace (HWM) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $1.33
- Estimate
- $1.25
- Surprise
- +6.7%
- Revenue (period 2026-06-30)
- $2.55B
- Score today
- 6.2/10
Revenue source: xbrl.
How the report landed
Howmet Aerospace (HWM) beat the $1.25 estimate with diluted EPS of $1.33 — a clear 6.7% upside surprise.
Where TrendMatrix's rating stands now
TrendMatrix currently rates HWM Buy (Wait) at 6.2/10; no pre/post engine snapshot brackets this report.
4 of the last 4 quarters beat the estimate; this quarter's +6.7% surprise compares with a +7.5% four-quarter average. Next scheduled report: 2026-11-05.
What supports the rating
- V7 quality resilience bonus: +0.2 (Q=7.6 in RISK_OFF)
- Strong earnings beat streak (4/4)
What argues against it
- Concentration risk — Product: aerospace (70.0%)
- Concentration risk — Geographic: North America (72.0%)
- Sector modifier (Industrials): -0.7
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $259.27
- Entry target
- $265.58
- Price target
- $303.42
- Stop
- $246.71
- Upside to target
- +17.0%
- Reward-to-risk
- 2.3:1
The stock trades at 56.1× trailing but 40.4× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-05 — shown for context, not personalized investment advice.
HWM at TrendMatrix's latest read
Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.
- Industry
- Aerospace & Defense
- Market cap
- $103.40B
- P/E (fwd)
- 40.4
- P/E (ttm)
- 56.1
- 52-week range
- $176.32–$310.00
- Off 52-week high
- 16.4%
- RSI (14)
- 32
- Volume vs avg
- 1.02×
- Score today
- 6.2/10