From Yahoo Finance: 2025-03-29 09:56:00

The aerospace industry is seeing growth due to global conflicts, leading to high demand, backlogs, and orders worldwide. Recent changes in the U.S. administration have affected the market, with European countries increasing orders for advanced technology. AI software is enhancing defense aircraft capabilities, driving industry growth.

Howmet Aerospace Inc (HWM) has surged in 2025, reporting record revenue of $1.9 billion in Q4 2024, a 9% year-over-year increase. The company’s adjusted EPS rose 40% to $0.74, and adjusted EBITDA increased by 27% to $507 million. Howmet also raised its quarterly dividend by 25% and repurchased $50 million in stock.

Revenue for Howmet grew by 12% year-over-year to $7.4 billion, with commercial aerospace up 20%. Net income surged 51% to $1.2 billion, and adjusted EPS rose by 46% to $2.69. The company also raised its guidance for 2025. The consensus price target implies a 10.43% downside, but HWM stock is up 26.02% year-to-date.

Read more: Why Howmet Aerospace Inc (HWM) Is Surging In 2025?