HWM Price Prediction Next Week
Based on the provided data and technical analysis, here's the price prediction for HWM for the next trading week:
Technical Analysis
- Current price: $127.03 (as of Jan 24, 2025 close)
- RSI(14) at 71.01 indicates overbought conditions
- MACD at 3.88 shows strong bullish momentum
- Trading above both 20-day SMA ($117.18) and 200-day SMA ($94.66)
- Fibonacci resistance levels: R1 at $127.80, R2 at $132.12, R3 at $139.12
- Fibonacci support levels: S1 at $113.81, S2 at $109.49, S3 at $102.50
Price Target Analysis
- Short-term resistance: $127.97 (trend line)
- Key support level: $121.86 (volume-based)
- Expected trading range: $125.92 - $143.51 with 90% probability
- Average analyst target price: $124.59 with range from $81.00 to $144.00
Catalysts
- Upcoming Q4 earnings release on Feb 13, 2025
- Expected Q4 EPS of $0.71, representing 34% YoY growth
- Strong commercial aerospace market momentum expected through 2025
- Softness in commercial transportation market until Q2 2025
Price Prediction for Next Week Based on technical indicators and fundamental factors:
- Base case (60% probability): $127-130 range
- Bullish case (25% probability): Break above $132
- Bearish case (15% probability): Pull back to $122-125
Trading recommendation: SELL Rationale:
- Overbought RSI conditions
- Price near upper trend line resistance
- Current price above mean analyst target
- High valuation with P/E of 48.86
HWM Similar Chart Price Prediction
The price of HWM is predicted to go up -9.75%, based on the high correlation periods with OSBC. The similarity of these two price pattern on the periods is 98.35%.
HWM
OSBC
Down: -9.75%Similarity: 98.35%
HWM Revenue Forecast
HWM EPS Forecast
HWM FAQs
What is revenue forecast for next quarter？
What is eps forecast for next quarter？
HWM Analyst's Forecast
Michael Ciarmoli
Truist Securities
Strong Buy
Price Target
$128 → $130
Upside
+9.07%
Truist analyst Michael Ciarmoli raised the firm's price target on Howmet Aerospace to $130 from $128 and keeps a Buy rating on the shares as part of a broader research note previewing 2025 for the Aerospace & Defense industry. The new year feels like "groundhog day", with 2024 investors' sentiment bullish on an aero OEM production recovery while turning bearish on the aftermarket rally, the analyst tells investors in a research note. The firm adds however that while aircraft production is likely to improve in 2025 off an easy comp, planned production rates increases are not materializing as fast as expected and we think the aftermarket still has legs. Truist further notes that within the Defense sector, the November Election and announcement of DOGE weighed on performance, though the sell-off has also created an attractive entry point.
Ronald Epstein
B of A Securities
Strong Buy
Price Target
$100 → $135
Upside
+16.61%
Matthew Akers
Wells Fargo
Buy
Price Target
$113 → $129
Upside
+13.58%