Constellium (NYSE:CSTM) Releases Earnings Results, Beats Expectations By $0.11 EPS

Constellium (NYSE:CSTM) released its quarterly earnings data on Wednesday. The industrial products company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.11, FiscalAI reports. The business had revenue of $2.64 billion during the quarter, compared to analysts’ expectations of $2.50 billion. Constellium had a return on equity of 51.47% and a net margin of 5.73%. The business’s quarterly revenue was up 21.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.62 EPS.

Here are the key takeaways from Constellium’s conference call:

• Record results and higher guidance: Third-quarter adjusted EBITDA excluding metal-price lag reached a record $280 million, up 43% year over year, while free cash flow was $128 million. Constellium raised its 2026 adjusted EBITDA target to $1.03–$1.06 billion and expects full-year free cash flow above $300 million.
• Strong aerospace, TID and North American automotive demand drove performance, with aerospace shipments up 10%, TID shipments up 24%, and automotive shipments up 9% year over year. Management expects aerospace, defense, semiconductor infrastructure and packaging demand to support further growth in 2027.
• Growth investments are advancing: The Neuf-Brisach recycling center is expected to reach full capacity in the first half of 2027, the new Airware cast house in Issoire is expected to begin commercial shipments early next year, and the Muscle Shoals casting center is targeted for a mid-2027 startup.
• Balance-sheet flexibility improved: Net debt declined to $1.7 billion and leverage to 1.6 times, while liquidity rose to $992 million. The company also expanded and extended its Pan-U.S. asset-based lending facility and continued share repurchases, buying back $30 million of stock during the quarter.
• Fourth-quarter earnings are expected to face several temporary headwinds, including scheduled maintenance and recycling outages, fading benefits from the Oswego automotive outage, incremental Section 338 tariff costs and higher corporate spending. European automotive and other specialty markets also remain weak, while inflation in labor, freight, lubricants and coatings persists.

Constellium Stock Performance

Shares of NYSE:CSTM traded down $0.61 during mid-day trading on Friday, reaching $23.41. The company had a trading volume of 150,861 shares, compared to its average volume of 1,943,640. The company has a current ratio of 1.43, a quick ratio of 0.61 and a debt-to-equity ratio of 1.50. Constellium has a one year low of $14.62 and a one year high of $36.99. The firm has a market cap of $3.17 billion, a price-to-earnings ratio of 5.68 and a beta of 1.57. The company’s 50-day moving average price is $25.62 and its 200-day moving average price is $27.84.

Insiders Place Their Bets

In other Constellium news, Director Jean-Christophe Deslarzes bought 1,490 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was purchased at an average cost of $27.24 per share, with a total value of $40,587.60. Following the completion of the acquisition, the director owned 43,515 shares in the company, valued at $1,185,348.60. This trade represents a 3.55% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.20% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on CSTM. Deutsche Bank Aktiengesellschaft cut their price objective on Constellium from $39.00 to $36.00 and set a “buy” rating on the stock in a report on Thursday, October 8th. JPMorgan Chase & Co. upgraded shares of Constellium from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $34.00 to $35.00 in a research report on Thursday. Wells Fargo & Company lowered their target price on shares of Constellium from $38.00 to $33.00 and set an “overweight” rating for the company in a research note on Thursday. UBS Group reduced their price target on shares of Constellium from $34.00 to $32.00 and set a “buy” rating for the company in a report on Thursday, October 8th. Finally, Barclays increased their target price on shares of Constellium from $28.00 to $30.00 and gave the stock an “equal weight” rating in a report on Friday. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $33.29.

Key Constellium News

Here are the key news stories impacting Constellium this week:

• Positive Sentiment: Constellium reported third-quarter revenue of $2.64 billion, up 21.8% year over year, while adjusted earnings of $0.84 per share exceeded the $0.73 analyst consensus. The company also delivered record earnings and raised its 2026 outlook, reinforcing expectations for continued operating momentum. Constellium NV Delivers Record Earnings, Ups 2026 Outlook
• Positive Sentiment: JPMorgan upgraded Constellium from “neutral” to “overweight” and lifted its price target to $35 from $34, citing solid growth opportunities following the earnings beat. Constellium raised at JP Morgan
• Positive Sentiment: Analyst earnings-estimate revisions have trended higher, and the consensus price target indicates substantial potential upside. Wells Fargo maintained an “overweight” rating, supporting the broader constructive analyst view. Wall Street Analysts Think Constellium Could Surge
• Neutral Sentiment: Wells Fargo reduced its target to $33 from $38 but retained its “overweight” rating. The lower target reflects more cautious assumptions, although it still implies meaningful upside from recent levels. Wells Fargo recommendations
• Negative Sentiment: Despite the earnings beat, reports highlighted declining shipments and guidance that signals slower future growth. Those concerns may be outweighing the strong revenue and profit figures in the near term, particularly as the shares remain below their 50-day and 200-day moving averages. Constellium shares fall as shipments decline

About Constellium

Constellium SE (NYSE: CSTM) is a global manufacturer of aluminum products and components. The company develops and produces rolled, extruded and formed aluminum solutions for customers in the aerospace, automotive, packaging, transportation and industrial sectors.

Its products include aerospace plates and sheets, automotive body and structural components, aluminum beverage-can sheet, foil stock, extrusions and other engineered components. Constellium’s offerings are used in aircraft structures, vehicles, beverage and food packaging, rail transportation and various industrial applications.

Constellium was established in 2011 following the acquisition and combination of aluminum products businesses formerly associated with Alcan.