Huntington Ingalls gains after annual shipbuilding revenue forecast raise, Q2 profit rise

HUNTINGTON INGALLS INDUSTRIES

30/07/2026 13:31

** Shares of shipbuilder Huntington Ingalls HII.N jump 12.3% to $315 premarket  
** Company raises FY 26 shipbuilding revenue forecast to $10.2 billion to $10.4 billion, up from $9.7 billion to $9.9 billion 
** Q2 adjusted EPS is $5.27, up from $3.86 a year earlier
** Quarterly growth driven by higher production volumes at Newport News and Ingalls
** Five of 12 brokerages rate the stock "buy" or higher, six "hold" and one "sell"; their median PT is $349 - LSEG data
** Up to last close, the stock has fallen 17.5% YTD

(Reporting by Avinash P in Bengaluru)