Howmet Aerospace (HWM) Stock Forecast & Price Target

$102.03

+1.28 (+1.27%)

(As of 10/4/2024 ET)

Howmet Aerospace - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 15 Analyst Ratings

Sell
1

Hold
1

Buy
13

Based on 15 Wall Street analysts who have issued ratings for Howmet Aerospace in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 15 analysts, 1 has given a sell rating, 1 has given a hold rating, and 13 have given a buy rating for HWM.

Consensus Price Target

$95.07
-6.82% Downside

According to the 15 analysts' twelve-month price targets for Howmet Aerospace, the average price target is $95.07. The highest price target for HWM is $125.00, while the lowest price target for HWM is $66.00. The average price target represents a forecasted downside of -6.82% from the current price of $102.03.

Get the Latest News and Ratings for HWM and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Howmet Aerospace and its competitors.

HWM Analyst Ratings Over Time

Type	Current Forecast 10/7/23 to 10/6/24	1 Month Ago 9/7/23 to 9/6/24	3 Months Ago 7/9/23 to 7/8/24	1 Year Ago 10/7/22 to 10/7/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	13 Buy rating(s)	13 Buy rating(s)	15 Buy rating(s)	12 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	2 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$95.07	$90.67	$75.88	$52.57
Forecasted Upside	-6.82% Downside	-0.88% Downside	-5.70% Downside	14.39% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

Next opportunity for crypto millions (Ad)

The floodgates have opened. Bitcoin and Ethereum ETFs are seeing record-breaking inflows, the biggest since they first opened to investors. Wall Street is finally embracing crypto. But most investors are missing the real goldmine…

Go here to discover the crypto that's about to leave Wall Street in the dust.

HWM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

HWM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Howmet Aerospace Stock vs. The Competition

Type	Howmet Aerospace	Construction Companies	S&P 500
Consensus Rating Score	2.80	2.56	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	-6.82% Downside	26.70% Upside	7.03% Upside
News Sentiment Rating	Positive News See Recent HWM News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/3/2024	Deutsche Bank Aktiengesellschaft 2 of 5 stars		Boost Target	Buy ➝ Buy	$106.00 ➝ $125.00	+23.41%
8/5/2024	Barclays 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$85.00 ➝ $100.00	+15.25%
8/5/2024	BTIG Research 2 of 5 stars	A. Madrid Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$95.00 ➝ $115.00	+31.91%
8/1/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$90.00 ➝ $105.00	+11.24%
7/31/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$83.00 ➝ $105.00	+9.25%
7/31/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$90.00 ➝ $105.00	+11.92%
Get the Latest News and Ratings for HWM and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Howmet Aerospace and its competitors with MarketBeat's FREE daily newsletter.
7/31/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$88.00 ➝ $105.00	+11.92%
7/31/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$84.00 ➝ $113.00	+20.46%
7/12/2024	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$53.00 ➝ $85.00	+6.70%
6/14/2024	Northcoast Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Olin Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral ➝ Sell	$70.00	-11.27%
5/6/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$75.00 ➝ $90.00	+12.78%
5/6/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$72.00 ➝ $88.00	+10.10%
5/3/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$77.00 ➝ $87.00	+10.50%
2/15/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$57.00 ➝ $66.00	+3.94%
1/5/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$67.00	+27.38%
8/3/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$52.00 ➝ $58.00	+21.09%
8/2/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$50.00 ➝ $60.00	+24.87%
3/22/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$50.00	+23.30%
11/4/2022	Vertical Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$45.00	+24.86%
10/11/2022	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform	$44.00	+33.58%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 02:26 AM ET.

Should I Buy Howmet Aerospace Stock? HWM Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, September 30, 2024. Please send any questions or comments about these Howmet Aerospace pros and cons to contact@marketbeat.com.

Howmet Aerospace
Bull Case

Here are some ways that investors could benefit from investing in Howmet Aerospace Inc.:

Howmet Aerospace Inc. has shown strong institutional investor confidence with major firms like Vanguard Group Inc., JPMorgan Chase & Co., and Price T Rowe Associates Inc. increasing their holdings significantly, indicating a positive outlook from large financial entities.
Recent insider trading activities by top executives, such as the sale of shares by the EVP and CFO, could be interpreted as a sign of confidence in the company's future performance, potentially reassuring investors about the company's stability and growth prospects.
Wall Street analysts have issued multiple "buy" ratings for Howmet Aerospace Inc., with price targets well above the current stock price, suggesting a positive sentiment and growth potential in the eyes of financial experts.
Howmet Aerospace Inc. has a market capitalization of $40.50 billion, indicating a sizable presence in the market and potentially offering stability and long-term growth opportunities for investors.
The stock price of Howmet Aerospace Inc. has been on an upward trend, reaching $99.21 on the latest trading day, with analysts projecting further growth potential based on recent performance and market outlook.

Howmet Aerospace
Bear Case

Investors should be bearish about investing in Howmet Aerospace Inc. for these reasons:

Despite positive analyst ratings and institutional investor confidence, there is always a level of risk associated with investing in any company, including Howmet Aerospace Inc., due to market volatility, industry challenges, and global economic conditions that could impact the company's performance.

HWM Forecast - Frequently Asked Questions

: According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for Howmet Aerospace is $95.07, with a high forecast of $125.00 and a low forecast of $66.00.
: 15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Howmet Aerospace in the last twelve months. There is currently 1 sell rating, 1 hold rating and 13 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" HWM shares.
: According to analysts, Howmet Aerospace's stock has a predicted downside of -6.82% based on their 12-month stock forecasts.
: Howmet Aerospace has been rated by research analysts at Barclays, Benchmark, BTIG Research, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., KeyCorp, Robert W. Baird, Royal Bank of Canada, and Truist Financial in the past 90 days.
: Analysts like Howmet Aerospace more than other "construction" companies. The consensus rating score for Howmet Aerospace is 2.80 while the average consensus rating score for "construction" companies is 2.56. Learn more on how HWM compares to other companies.

Stock Forecasts and Research Tools

Related Companies:

Today's Ratings:

Top Rated Stocks:

More Ratings Tools:

AI Expert Reveals New Pick (Ad)

Everyone’s talking about AI right now, but I’ve been talking about it for years. And now I’ve just released my latest prediction and believe it or not, I’m advising NOT pour all your money into Nvidia right now

Click here to see why

This page (NYSE:HWM) was last updated on 10/6/2024 by MarketBeat.com Staff

From Our Partners