Analysts Raise Howmet Aerospace Price Targets Amid Strong Performance

Multiple analysts have raised their price targets for Howmet Aerospace following the company's strong first-quarter earnings, with RBC Capital increasing its target to $165, Truist to $161, UBS to $155, and Baird to $185, all citing impressive financial performance and positive sector outlook. The company reported record free cash flow of $134 million, a 6% revenue increase year-over-year, and a 25% increase in its quarterly dividend. Analysts highlighted Howmet’s strong execution, robust EBITDA margins, and resilience against tariff impacts as key drivers for their optimism. Despite these positive assessments, consensus price targets from a larger set of analysts remain somewhat lower, and some valuation models like GuruFocus suggest the current market price may be above the stock's estimated fair value. The consensus brokerage recommendation continues to be 'Outperform,' reflecting broad confidence in Howmet's future prospects. Overall, Howmet’s performance and growth potential are viewed favorably by major financial institutions, although some caution remains regarding valuation.