Honeywell Aerospace Stock Price Plummets Amid Precision-Casting Shortages

Honeywell Aerospace's stock price plummeted 23.16% to $156.47 on August 6, 2026, following its first full quarter as a standalone public company.

The decline was not due to missing revenue expectations, but rather the company's admission that the bottleneck in precision-casting shortages is not going away.

This distinction separates a $250 bull case from a $118 bear case, according to analysts.

Honeywell Aerospace's Q2 revenue rose 5% to $4.52 billion, but adjusted EBIT fell 7% to $995 million and adjusted EPS collapsed 32% to $1.87.

The company's commercial aftermarket business grew 8% to $2.03 billion during a quarter when it was diverting parts away from it, indicating latent demand.