Analysts expect Howmet Aerospace to report Q2 2026 revenue of $2.43 billion and adjusted EPS of $1.24, as the stock trades around $282.26 against a consensus price target of $312.93. Investors are primarily focused on the performance of the high-margin Engine Products segment and updates on commercial aircraft production rates for Boeing and Airbus. Recent momentum has been driven by a record 32% EBITDA margin in the first quarter and robust demand for aerospace engine spares.
Management recently raised its full-year 2026 guidance, reflecting confidence in sustained commercial aerospace and defense market strength. The company’s focus on capacity expansions and the integration of its Consolidated Aerospace Manufacturing acquisition are also critical components of its long-term strategy to reach $12.5 billion in annual revenue by 2029.