Honeywell Aerospace Stock Gains Ahead of October 28 Earnings Report

Honeywell Aerospace stock (ISIN US43849R1059) closed at USD 157.39 on the Nasdaq on October 6, 2026, marking a 1.06 percent increase from the previous day’s USD 155.74. Investors are now looking ahead to the company’s third-quarter 2026 earnings report, scheduled for October 28, 2026.

In the second quarter of 2026, Honeywell Aerospace reported revenue of USD 4.522 billion, a 5.0 percent year-over-year increase. However, adjusted earnings per share (EPS) fell 32.0 percent to USD 1.87. The company missed revenue estimates by 3.1 percent and adjusted earnings by 9.7 percent, according to Zacks. Honeywell also revised its 2026 organic sales-growth forecast downward, from a range of 7.0-9.0 percent to 4.0-5.0 percent, and adjusted its pro forma standalone adjusted EBIT guidance to USD 4.35 billion-USD 4.45 billion, down from USD 4.65 billion-USD 4.75 billion.

Analysts are divided on the stock’s valuation. MarketBeat reports a Hold consensus from 17 analysts, with an average price target of USD 219.29-39.3 percent above the current Nasdaq price. The target range spans from USD 175.00 to USD 256.00. As of October 6, 2026, Honeywell Aerospace’s market capitalization stood at USD 49.9 billion, with a 52-week range of USD 149.19 to USD 297.50.

The company’s backlog remains a key support, with FY2025 net sales reported at USD 17.4 billion and adjusted EBIT at USD 4.3 billion. Honeywell Aerospace operates across commercial air transport, business aviation, defense, and space, offering products like avionics, engines, and control systems. The upcoming earnings report will be critical in assessing whether revenue growth can translate into recovering adjusted earnings after the recent guidance reduction.