Howmet Aerospace Stock: Is Wall Street Bullish or Bearish?

Valued at $35.4 billion by market cap, Howmet Aerospace Inc. (HWM) is a leading player in the aerospace and transportation sectors. The Pittsburgh, Pennsylvania-based company provides advanced engineered solutions across four segments, specializing in products ranging from aerospace fasteners to forged aluminum wheels.

Shares of this aerospace and defense supplier have significantly outperformed the broader market over the past 52 weeks. HWM has surged 81.6% over this time frame, while the broader S&P 500 Index ($SPX) has gained 17%. In 2024 alone, HWM has risen 64.6%, notably ahead of SPX’s 9.9% increase on a YTD basis.