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Honeywell Aerospace shares drop 20% after supply chain issues force earnings and growth guidance cuts.

Analyst Insights
17 Sep 2026
Seeking Alpha
View Source
Bullish
Honeywell Aerospace shares drop 20% after supply chain issues force earnings and growth guidance cuts.

Honeywell Aerospace (HONA) shares fell about 20% after its first standalone earnings call post spin-off, where management cut full-year revenue and profit forecasts due to unexpected supply chain problems. The company had previously focused on efficiency by moving to single-source suppliers, which contributed to the issues. At a 20x price-to-earnings ratio, HONA trades at a roughly 50% discount to its sector, despite expectations that normalized growth could justify a 30x multiple. Once supply chain challenges are resolved, earnings per share are expected to grow in the mid-teens percentage range, supported by rapid debt reduction, potentially driving the share price to $400 by 2030 with a high 20% internal rate of return.

Honeywell Aerospace shares faced challenges as noted in recent earnings, while the Industrials sector on Pluang showed broad gains. Of 76 priced US Industrials stocks, 64 rose and 8 fell as of Sep 17, 2026 19:02 WIB. Notable movers include Bloom Energy at USD 282.50 with a 4.62% increase and 99% buy orders, Powell Industries at USD 184.06 up 3.57%, and Intuitive Machines at USD 14.32 rising 3.24%.

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