Howmet Aerospace Is Up 49% in the Last 6 Months. Here’s Where the Stock Could Head in 2026

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Howmet Aerospace (HWM) stock has risen 49% in the last six months, driven by record earnings, increasing gas turbine demand, and expanding margins. The company’s fourth-quarter results and positive 2026 guidance, including strong revenue and EPS growth, have reinforced investor confidence. Analysts project further upside, with a target price of $302, indicating the stock is moderately undervalued based on sustained aerospace production, elevated engine spares demand, and gas turbine growth.

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