Northrop Grumman Corp

Northrop Grumman Corp Stock Forecast & Price Prediction

Live Northrop Grumman Corp Stock (NOC) Price
$533.70

19

Ratings

  • Buy 10
  • Hold 9
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$533.70

P/E Ratio

32.86

Volume Traded Today

$396,999

Dividend

$2.06

52 Week High/low

555.57/418.60

Northrop Grumman Corp Market Cap

$77.76B

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NOC Summary

The Northrop Grumman Corp (NOC) share price is expected to increase by 5.62% over the next year. This is based on calculating the average 12-month share price estimate provided by 19 stock analysts who have covered NOC. Price targets range from $448 at the low end to $643 at the high end. The current analyst consensus for NOC is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

NOC Analyst Ratings

About 19 Wall Street analysts have assigned NOC 10 buy ratings, 9 hold ratings, and 0 sell ratings. This means that analysts expect Northrop Grumman Corp to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on NOC. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

NOC stock forecast by analyst

These are the latest 20 analyst ratings of NOC.

Analyst/Firm

Rating

Price Target

Change

Date

David Strauss
Barclays

Equal-Weight

$550

Maintains

Oct 29, 2024
Matthew Akers
Wells Fargo

Equal-Weight

$565

Maintains

Oct 25, 2024
Gavin Parsons
UBS

Buy

$643

Maintains

Oct 25, 2024
Ken Herbert
RBC Capital

Sector Perform

$540

Maintains

Oct 25, 2024
Charles Minervino
Susquehanna

Positive

$625

Maintains

Oct 25, 2024
Seth Seifman
JP Morgan

Neutral

$560

Maintains

Oct 14, 2024
Jason Gursky
Citigroup

Neutral

$587

Maintains

Oct 10, 2024
Richard Safran
Seaport Global

Buy

$599

Maintains

Sep 3, 2024
Peter Skibitski
Alembic Global

Neutral

$560

Downgrade

Aug 27, 2024
Kristine Liwag
Morgan Stanley

Overweight

$592

Maintains

Aug 9, 2024
David Strauss
Barclays

Equal-Weight

$500

Maintains

Jul 30, 2024
Cai von Rumohr
TD Cowen

Hold

$515

Maintains

Jul 29, 2024
Scott Deuschle
Deutsche Bank

Buy

$575

Upgrade

Jul 29, 2024
Gavin Parsons
UBS

Buy

$605

Maintains

Jul 26, 2024
Ken Herbert
RBC Capital

Sector Perform

$500

Maintains

Jul 26, 2024
Matthew Akers
Wells Fargo

Equal-Weight

$509

Maintains

Jul 26, 2024
Andre Madrid
BTIG

Buy

$565

Initiates

Jun 26, 2024
Douglas Harned
Bernstein

Market Perform

$477

Downgrade

Jun 21, 2024
Matthew Akers
Wells Fargo

Equal-Weight

$518

Maintains

Apr 30, 2024
Peter Arment
Baird

Neutral

$505

Maintains

Apr 26, 2024

NOC Company Information

What They Do: Aerospace and defense technology company.

Business Model: The company generates revenue by designing, developing, and manufacturing advanced aerospace and defense systems, including aircraft, tactical weapons, missile defense solutions, and command and control systems. It also offers sustainment, modernization, and training services for both manned and unmanned systems across various military and commercial applications.

Other Information: Northrop Grumman operates globally, with a presence in the United States, Asia/Pacific, and Europe. Founded in 1939 and headquartered in Falls Church, Virginia, the company serves a diverse range of clients, including government and commercial sectors, with a strong emphasis on innovation in technologies such as hypersonic systems and cyber solutions.
NOC
Northrop Grumman Corp (NOC)

When did it IPO

1981

Staff Count

101,000

Country

United States

Sector/Industry

Industrials/Aerospace & Defense

CEO

Ms. Kathy J. Warden

Market Cap

$77.76B

Northrop Grumman Corp (NOC) Financial Data

In 2023, NOC generated $39.29B in revenue, which was a increase of 7.34% from the previous year. This can be seen as a signal that NOC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$36.80B

Revenue From 2021

$35.67B

-3.08 %
From Previous Year

Revenue From 2022

$36.60B

2.62 %
From Previous Year

Revenue From 2023

$39.29B

7.34 %
From Previous Year
  • Revenue TTM $40.99B
  • Operating Margin TTM 12.9%
  • Gross profit TTM $6.55B
  • Return on assets TTM 4.2%
  • Return on equity TTM 15.5%
  • Profit Margin 5.8%
  • Book Value Per Share 101.14%
  • Market capitalisation $77.76B
  • Revenue for 2021 $35.67B
  • Revenue for 2022 $36.60B
  • Revenue for 2023 $39.29B
  • EPS this year (TTM) $16.24

Northrop Grumman Corp (NOC) Latest News

News Image

Mon, 11 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - The Zacks Style Scores can assist investors in selecting strong, market-beating stocks for their portfolios.

Why It Matters - The Zacks Style Scores can help investors identify high-potential stocks, enhancing portfolio performance and potentially leading to higher returns.

News Image

Fri, 08 Nov 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - Northrop Grumman's revenue per share has grown 9.42% annually since FY 2014. It pays a $2.06 quarterly dividend (1.58% yield) and reported a 13% EPS increase, boosting stock by 3%.

Why It Matters - Northrop Grumman's revenue growth and recent EPS increase indicate strong performance, while declining margins may raise concerns. The dividend yield offers income potential, attracting income-focused investors.

News Image

Tue, 05 Nov 2024

Sentiment - POSITIVE

Source - The Motley Fool

Summary - Northrop Grumman's new space division is contributing to improved profit margins, indicating successful investment in this sector.

Why It Matters - Northrop Grumman's successful space division enhances profit margins, indicating potential for growth and increased shareholder value, making the company more attractive to investors.

News Image

Mon, 04 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Northrop Grumman will present at the Baird 2024 Global Industrial Conference on November 13 at 10:05 a.m. ET, with a live webcast available at their investor relations site.

Why It Matters - Northrop Grumman's participation in the Baird 2024 Global Industrial Conference highlights its strategic positioning and potential insights on future growth, impacting investor sentiment and stock performance.

News Image

Mon, 04 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Investors in Aerospace - Defense stocks are evaluating Northrop Grumman (NOC) and Howmet (HWM) for potential value opportunities.

Why It Matters - The comparison between Northrop Grumman and Howmet highlights potential investment opportunities, signaling shifts in value and performance that can impact portfolio returns.

News Image

Sun, 27 Oct 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - A second group of 10 companies, mainly from the utilities sector and including two defense contractors, is targeting dividend aristocrat status, with some showing 10-year dividend growth rates above 10%.

Why It Matters - The emergence of new potential dividend aristocrats, especially from the utilities sector, signals stability and growth, appealing to income-focused investors seeking reliable returns.

...

NOC Frequently asked questions

The highest forecasted price for NOC is $643 from Gavin Parsons at UBS.

The lowest forecasted price for NOC is $448 from from

The NOC analyst ratings consensus are 10 buy ratings, 9 hold ratings, and 0 sell ratings.