Howmet Aerospace Inc. (HWM) Price Target Analysis
Updated Jun 18, 2026
Analyst Rating: Buy
Based on 24 analysts7.1% Below Target
HWM trades 7.1% below Wall Street's consensus target of $297.36.
Current Price$277.66
Average Target$297.36
Target
Current
Low$228.00
Median$300.00
High$330.00
Analyst Target Range
Forward P/E54.9x
(High Premium)
PEG Ratio1.09
(Fair)
Implied Growth+16.8%
(Moderate)
Analyst Spread34.3%
(Moderate)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes HWM achieves its forward estimates and maintains a stable P/E multiple of 54.9x. This scenario reflects the blended consensus of 24 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
HWM Price Target Analysis
Updated June 22, 2026As of June 22, 2026, Howmet Aerospace Inc. (HWM) has a Wall Street consensus price target of $297.36, based on estimates from 24 covering analysts. With the stock currently trading at $277.66, this represents a potential upside of +7.1%. The company has a market capitalization of $111.09B.
Analyst price targets range from a low of $228.00 to a high of $330.00, representing a 34% spread in expectations. The median target of $300.00 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 20 analysts rating the stock as a Buy or Strong Buy,3 rating it Hold, and 1 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, HWM trades at a trailing P/E of 74.8x and forward P/E of 54.9x. The forward PEG ratio of 1.09 indicates reasonable valuation for growth. Analysts expect EPS to grow +16.8% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $205.68, with bear and bull scenarios of $129.58 and $271.00 respectively. Model confidence stands at 51/100, reflecting moderate uncertainty in projections.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Industrials stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+19.9%
Industry Consensus
Avg Forward P/E
41.5x
(Growth Premium)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 TDGTransDigm Group Incorporated | $75.0B | $1328.31 | $1569.30 | +18.1% | Buy | 33.2x | 39 |
 CWCurtiss-Wright Corporation | $28.5B | $771.93 | $741.00 | -4.0% | Buy | 50.7x | 25 |
 KTOSKratos Defense & Security Solutions, Inc. | $10.2B | $54.21 | $110.00 | +102.9% | Buy | 70.9x | 24 |
 ATIATI Inc. | $27.6B | $201.34 | $175.00 | -13.1% | Buy | 45.6x | 29 |
 DRSLeonardo DRS, Inc. | $12.3B | $46.08 | $53.33 | +15.7% | Buy | 35.7x | 9 |
 WWDWoodward, Inc. | $25.6B | $430.08 | $435.00 | +1.1% | Buy | 46.0x | 20 |
 GEGE Aerospace | $373.7B | $357.64 | $380.14 | +6.3% | Buy | 47.4x | 34 |
 RTXRTX Corporation | $249.9B | $185.60 | $224.33 | +20.9% | Buy | 26.7x | 26 |
 BAThe Boeing Company | $175.6B | $222.72 | $281.56 | +26.4% | Buy | — | 54 |
 LMTLockheed Martin Corporation | $117.8B | $510.95 | $635.11 | +24.3% | Buy | 17.1x | 37 |
HWM — Frequently Asked Questions
Quick answers to the most common questions about buying HWM stock.
What is the HWM stock price target for 2026?
The consensus price target for HWM is $297.36, close to the current price of $277.66 (7.1% implied move). Based on 24 analyst estimates, the stock appears fairly valued near current levels.
Is HWM a buy, sell, or hold?
HWM has a consensus rating of "Buy" based on 24 Wall Street analysts. The rating breakdown is predominantly bullish, with 20 Buy/Strong Buy ratings. The consensus 12-month price target of $297.36 implies 7.1% upside from current levels.
Is HWM stock overvalued or undervalued?
At a forward P/E of 54.9256x, HWM trades at a premium valuation. The consensus price target of $297.36 (7.1% upside) suggests analysts may view current valuations as stretched.
How high can HWM stock go?
The most bullish Wall Street analyst has a price target of $330 for HWM, while the most conservative target is $228. The consensus of $297.36 represents the median expectation. Our quantitative valuation model projects a bull case target of $271 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover HWM stock?
HWM is well covered by analysts, with 24 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 20 have Buy ratings, 3 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the HWM stock forecast?
The 12-month HWM stock forecast based on 24 Wall Street analysts shows a consensus price target of $297.36, with estimates ranging from $228 (bear case) to $330 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $206, with bear/bull scenarios of $130/$271.
What is HWM's fair value based on fundamentals?
Our quantitative valuation model calculates HWM's fair value at $206 (base case), with a bear case of $130 and bull case of $271. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 51/100.
What is HWM's forward P/E ratio?
HWM trades at a forward P/E ratio of 54.9x based on next-twelve-months earnings estimates compared to a trailing P/E of 74.8x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy HWM stock?
HWM appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $297.36 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do HWM price targets vary so much?
HWM analyst price targets range from $228 to $330, a 34% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $297.36 consensus represents the middle ground. Our model's $130-$271 range provides an independent fundamental perspective.
Consensus-Based Analysis Tools
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