What Are Wall Street Analysts' Target Price for Howmet Aerospace Stock?

With a market cap of $40.8 billion, Pittsburgh, Pennsylvania-based Howmet Aerospace Inc. (HWM) operates in the aerospace and transportation sectors and specializes in advanced engineered solutions. The company provides components for jet engines, structural aerospace parts, and forged aluminum wheels, serving markets worldwide across defense, commercial aviation, and industrial applications.

Shares of the aerospace and defense supplier have significantly outperformed the broader market over the past 52 weeks. HWM has surged 108.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 31.1%. In 2024, shares of HWM are up 84.5%, compared to SPX’s 19.8% gain on a YTD basis.