Bernstein raises Howmet Aerospace PT on potential margin upside

Howmet Aerospace

18/02/2026 12:03

** Bernstein raises price target on airplane parts maker Howmet Aerospace HWM.N to $280 from $247

** New PT represents a 10.9% upside to stock's last close

** Brokerage says Howmet sees growth from wide-body aircraft fasteners, next-generation LEAP and GTF engine blades, rising F-35 aftermarket demand and improving performance in Forged Wheels

** We raise our longer-term outlook as commercial aircraft engine demand growth continues, plus more benefits from gas turbines and defense - Bernstein

** Adds, margin growth is happening already even with some key drivers not yet hitting and there should be more to come

** HWM gained 87.5% in 2025

 (Reporting by Megavarshini G. Somasundaram in Bengaluru)

 ((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))