Honeywell Aerospace Stock Plummets Amid Supply Chain Woes
Honeywell Aerospace's (HONA) shares took a hit after the company slashed its full-year guidance for organic growth and profit. The company cited supply chain issues as the reason for the downward revision.
In its first earnings report since spinning off from Honeywell, Honeywell Aerospace lowered its forecast for 2026 organic sales growth to 4% to 5% from a previous range of 7% to 9%. It also reduced expected pro forma standalone adjusted earnings before interest, taxes, depreciation and amortization to $4.35 billion to $4.45 billion from $4.65 billion to $4.75 billion.
Following this news, Honeywell Aerospace's stock price dropped as much as $42.81, or 21.02% per share, during intraday trading on August 6, 2026.