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NOC Stock Forecast: Northrop Grumman Corp. Price Predictions for 2026-2027

Last close, 24 Aug 2026
$549
−0.32% on the day

The 23 Wall Street analysts covering Northrop Grumman Corp. hold a median 12-month price target of $640 — +16.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 87 of 100 as at 22 Aug 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$78.3B
Ticker Nerd rank
87 / 100
Median analyst target
$640
Analysts covering
23
Revenue$10.9B+5.1% y/y
Operating income$1.1B
Net income$1.1B
Free cash flow$978.0M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−3.7%
1M
+1.3%
YTD
−2.9%
1Y
−5.8%
From 52W high
−28.2%
From 52W low
+10.7%
$496
$765
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

NOC stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Northrop Grumman Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 22 Aug 2026
87 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Volatility
99
Value
94
Quality
90
Issuance
90
Revisions
90
Growth
46
Accruals
44
Momentum
43
Size
4

Volatility (99): The share price has been relatively steady.

Momentum (43): The shares have been drifting down relative to others.

Size (4): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

NOC stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on NOC, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$500$600$700$800Oct 25Jan 26Apr 26Jul 26NOCHigh $815Median $640Low $538

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says23 analysts
12 Buy11 Hold0 Sell
Low $538Median $640High $815

The green dot is the last close — the median target sits +16.5% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 3 moved their price target up and 5 moved it down.

DateFirmActionRatingTarget
19 Aug 2026TD CowenMaintainsHold$550 → $590
13 Aug 2026CitigroupMaintainsBuy$617 → $667
23 July 2026JP MorganMaintainsNeutral$635 → $600
23 July 2026JP MorganMaintainsNeutral—
22 July 2026SusquehannaMaintainsPositive$785 → $655
22 July 2026SusquehannaMaintainsPositive—
22 July 2026TD CowenMaintainsHold—
22 July 2026TD CowenMaintainsHold$580 → $550
22 July 2026UBSMaintainsBuy$666 → $685
22 July 2026UBSMaintainsBuy—
14 July 2026Goldman SachsMaintainsNeutral$603 → $533
14 July 2026Goldman SachsMaintainsNeutral—
13 July 2026TD CowenMaintainsHold$680 → $580
13 July 2026TD CowenMaintainsHold—
1 July 2026CitigroupMaintainsBuy—
26 June 2026JefferiesMaintainsHold—
26 May 2026JefferiesMaintainsHold—
18 May 2026CitigroupMaintainsBuy—
23 Apr 2026CitigroupMaintainsBuy—
23 Apr 2026UBSMaintainsBuy—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. NOC appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

NOC vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 24 Aug 2026, Northrop Grumman Corp. returned −5.8% against +19.6% for the S&P 500, dividends included.

NOC vs S&P 500, last 12 monthsTotal return, rebased to 100
8090100110120130Oct 25Jan 26Apr 26Jul 26NOCS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

NOC analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+3.7%
Analysts raising
20
Analysts cutting
0
Fundamentals

Northrop Grumman Corp. (NOC) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
17.5×

Cheaper than 43% of US stocks

Price / sales
1.8×

Cheaper than 56% of US stocks

Price / book
4.4×

Cheaper than 25% of US stocks

EV / EBITDA
12.8×

Cheaper than 29% of US stocks

Growth & margins
Revenue growth (YoY)
5.1%

Higher than 39% of US stocks

Earnings growth (YoY)
−6.8%

Higher than 28% of US stocks

Gross margin
19.5%

Higher than 20% of US stocks

Operating margin
11.6%

Higher than 67% of US stocks

Net margin
10.5%

Higher than 71% of US stocks

Returns & dividend
Return on equity
27.0%

Higher than 86% of US stocks

Return on assets
7.1%

Higher than 85% of US stocks

Dividend yield
1.8%

Higher than 42% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Northrop Grumman Corp. (NOC) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Northrop Grumman Corp. has a market value of $78.3B and an enterprise value of $93.0B.

  • Revenue in the twelve months to 30 June 2026: $42.9B. The latest quarter grew 5.1% year on year.

  • Net income over the same four quarters: $4.5B, a 10.5% net margin.

  • Free cash flow in the twelve months to 30 June 2026: $3.6B, after $1.4B of capital spending.

  • Northrop Grumman Corp. spent $801.0M on share buybacks and $1.3B on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 142.1M.

  • Trailing P/E: 17.5×; forward P/E: 18.1× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 1.79%, paying out 30% of earnings.

  • Northrop Grumman Corp. employs 95,000 people — $451K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 24 Aug 2026

Data provided by Twelve Data

Peers

NOC vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelAerospace & Defense
CompanyMarket capTKN rank
NOCNorthrop Grumman Corp.$78.3B
87
TDGTransDigm Group, Inc.$67.6B
64
GDGeneral Dynamics Corp.$103.9B
96
HWMHowmet Aerospace, Inc.$108.9B
75
HONAHoneywell Aerospace, Inc.$52.2B
0
AXONAxon Enterprise, Inc.$51.0B
37
LHXL3Harris Technologies, Inc.$49.8B
85

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Northrop Grumman Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest NOC news & analysis

Why Trump's $1.55 Billion Rare Earth Move Matters For Lockheed Martin, RTX And Northrop Grumman

Benzinga · 24 Aug 2026positive

The Trump administration is making a $1.55 billion push to secure rare earth supplies as Washington works to reduce dependence on China for minerals critical to advanced weapons systems. Lockheed Martin, RTX and Northrop Grumman are named as potential indirect beneficiaries of this effort.

Why it matters — Northrop Grumman could benefit indirectly from broader US efforts to secure rare earth supplies that are critical to advanced weapons systems.

LMT vs. NOC: Which Defense Stock Offers Better Growth Prospects?

Zacks Investment Research · 24 Aug 2026neutral

Zacks Investment Research published a comparison of Lockheed Martin and Northrop Grumman, noting both benefit from strong defense demand but differ in backlogs, growth rates and international sales.

Why it matters — The article highlights how NOC's growth profile and backlog stack up against a major defense peer, providing context for its competitive position.

Why Is Northrop Grumman (NOC) Up 11% Since Last Earnings Report?

Zacks Investment Research · 20 Aug 2026positive

Northrop Grumman reported earnings 30 days ago, and its stock has risen 11% since that report. The article examines the company's recent performance and what may follow for the stock.

Why it matters — A NOC watcher would care because the article highlights a sizable 11% gain since the last earnings report, reflecting recent investor reception of the company's results.

Northrop Grumman Board Declares Quarterly Dividend

GlobeNewsWire · 19 Aug 2026positive

Northrop Grumman's board of directors declared a quarterly dividend of $2.47 per share on the company's common stock, payable September 16, 2026, to shareholders of record as of August 31, 2026. The company stated it continues to execute a disciplined capital allocation strategy prioritizing investments in manufacturing capabilities and capacity.

Why it matters — The declared dividend signals ongoing shareholder returns and reflects Northrop Grumman's stated capital allocation priorities for NOC watchers.

Is Northrop Grumman Expanding Its Presence in Military Training?

Zacks Investment Research · 18 Aug 2026positive

Northrop Grumman is expanding its military training presence, incorporating LVC, immersive, and electromagnetic simulation tools designed for complex missions.

Why it matters — NOC watchers would care because the company is growing its footprint in military training, a key area for complex mission support.

FAQ

Frequently asked questions about NOC stock

What is the NOC stock price forecast for 2026-2027?

The 23 Wall Street analysts covering Northrop Grumman Corp. have a median 12-month price target of $640, with estimates ranging from $538 to $815. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is NOC stock a buy right now?

Of the 23 analysts covering Northrop Grumman Corp., 12 rate it a Buy, 11 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Northrop Grumman Corp. 87 out of 100 across roughly 4,600 US stocks as at 22 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank NOC?

As at 22 Aug 2026, Northrop Grumman Corp. ranks 87 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Volatility (99 of 100).

Will NOC stock go up?

No one can know that. What the data says: the median 12-month target from 23 analysts implies +16.5% from the last close, and Ticker Nerd's factor model ranks Northrop Grumman Corp. 87 out of 100 as at 22 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the NOC stock forecast for 2030?

No analyst covering Northrop Grumman Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for NOC are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $538 to $815 over the next 12 months.

How has NOC stock performed over the past year?

Northrop Grumman Corp. returned -5.8% over the 12 months to 24 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Northrop Grumman Corp. do?

Northrop Grumman Corporation is an American aerospace, defense, and security company that provides advanced technology solutions to government and commercial customers worldwide. The company focuses on solving complex challenges across space, aeronautics, defense, and cyberspace, with most of its business concentrated on serving the U.S.

What is the latest news on NOC?

The most recent item we track (Benzinga, 24 Aug 2026): "Why Trump's $1.55 Billion Rare Earth Move Matters For Lockheed Martin, RTX And Northrop Grumman". The Trump administration is making a $1.55 billion push to secure rare earth supplies as Washington works to reduce dependence on China for minerals critical to advanced weapons systems. Lockheed Martin, RTX and Northrop Grumman are named as potential indirect beneficiaries of this effort.

Company

About Northrop Grumman Corp.

Northrop Grumman Corporation is an American aerospace, defense, and security company that provides advanced technology solutions to government and commercial customers worldwide. The company focuses on solving complex challenges across space, aeronautics, defense, and cyberspace, with most of its business concentrated on serving the U.S. Department of Defense and intelligence community, as well as allied international governments. Northrop Grumman operates through four primary business sectors: Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems, each delivering specialized platforms, sensors, and software-driven capabilities. Its portfolio includes stealth and uncrewed aircraft, strategic missile and weapons systems, missile warning and tracking, radars and mission electronics, satellites and spacecraft, solid rocket propulsion, cyber and C4ISR solutions, and long-term sustainment and modernization services. Headquartered in Falls Church, Virginia, Northrop Grumman plays a significant role in global security infrastructure, supporting critical missions across land, sea, air, space, and cyber domains for customers in North America, Europe, the Middle East, Asia-Pacific, and other regions.

CEO Ms. Kathy J. Warden · 95,000 employees · United States · https://www.northropgrumman.com