Howmet's Transportation Market Under Pressure: Is the Risk Priced In?

Key Takeaways HWM's commercial transportation revenues fell 14% in Q1 2025 due to weaker truck builds. Soft demand in Forged Wheels is expected to persist until the second half of the year. Aerospace growth and strong defense budgets are helping support HWM's overall top-line performance.Howmet Aerospace Inc. (HWM) has been witnessing persistent weakness in the commercial transportation market. In the first quarter of 2025, revenues from the commercial transportation market declined 14% on a year-over-yea ...