TICKERNERD
Menu
NOCNOCIndustrials · Aerospace & Defense

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

Last close, 2 Nov 2026
$555
−0.40% on the day

The 26 Wall Street analysts covering Northrop Grumman Corp. hold a median 12-month price target of $625 — +12.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 82 of 100 as at 2 Nov 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$79.2B
Ticker Nerd rank
82/ 100
Median analyst target
$625
Analysts covering
26
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
−1.8%
1M
+16.2%
YTD
−1.4%
1Y
−3.3%
From 52W high
−27.0%
From 52W low
+17.3%
$473
$761
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 2 Nov 2026
82/ 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
100
Value
92
Quality
91
Revisions
86
Issuance
84
Momentum
44
Accruals
44
Growth
42
Size
3

Volatility (100): The share price has been relatively steady.

Growth (42): Sales and profits are flat, shrinking, or growing more slowly than they were.

Size (3): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ 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
$400$500$600$700$800Jan 26Apr 26Jul 26Oct 26NOCHigh $815Median $625Low $430

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 says26 analysts
15 Buy10 Hold1 Sell
Low $430Median $625High $815

The green dot is the last close — the median target sits +12.5% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 9 moved their price target up and 4 moved it down.

DateFirmActionRatingTarget
27 Oct 2026BernsteinMaintainsMarket Perform$556 → $590
26 Oct 2026JP MorganMaintainsNeutral$600 → $605
22 Oct 2026BarclaysMaintainsUnderweight$419 → $430
21 Oct 2026BairdUpgradeOutperform$550 → $675
21 Oct 2026BNP ParibasMaintainsOutperform$540 → $600
21 Oct 2026GuggenheimMaintainsBuy$612 → $640
21 Oct 2026Morgan StanleyMaintainsOverweight$745 → $765
21 Oct 2026RBC CapitalMaintainsSector Perform$525 → $550
21 Oct 2026UBSMaintainsBuy$694 → $698
14 Oct 2026BernsteinMaintainsMarket Perform—
14 Oct 2026BernsteinMaintainsMarket Perform$620 → $556
9 Oct 2026BarclaysInitiatesUnderweight$419
9 Oct 2026BarclaysInitiatesUnderweight—
9 Oct 2026TD CowenMaintainsHold$590 → $540
9 Oct 2026TD CowenMaintainsHold—
6 Oct 2026Rothschild & CoInitiatesBuy—
2 Oct 2026RBC CapitalDowngradeSector Perform$640 → $525
2 Oct 2026RBC CapitalDowngradeSector Perform—
23 Sept 2026BernsteinMaintainsMarket Perform—
23 Sept 2026BernsteinMaintainsMarket Perform$653 → $620

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.

NOC appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
  • The AI build-out map, free: every AI company we track, part by part, and one part in full with each verdict.

Free. Unsubscribe any time.

The AI build-out map
PDF

  • AI cloud capacity

    MSFTAMZNGOOGLORCL

  • AI chips

    NVDAAVGOAMDMU

  • AI networking and serversIn full

    ANETDELLLITECRDO

  • Data centre power

    VRTCEGGEVVST

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 2 Nov 2026, Northrop Grumman Corp. returned −3.3% against +11.5% for the S&P 500, dividends included.

NOC vs S&P 500, last 12 monthsTotal return, rebased to 100
8090100110120130140Jan 26Apr 26Jul 26Oct 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 movingThis fiscal year
EPS revision, 90 days
+2.9%
Analysts raising
2
Analysts cutting
2
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
17.6×

Cheaper than 41% of US stocks

Price / sales
1.8×

Cheaper than 54% of US stocks

Price / book
4.2×

Cheaper than 22% of US stocks

EV / EBITDA
12.7×

Cheaper than 29% of US stocks

Growth & margins
Revenue growth (YoY)
6.7%

Higher than 45% of US stocks

Earnings growth (YoY)
2.2%

Higher than 39% of US stocks

Gross margin
19.5%

Higher than 20% of US stocks

Operating margin
12.9%

Higher than 69% of US stocks

Net margin
10.4%

Higher than 70% of US stocks

Returns & dividend
Return on equity
26.1%

Higher than 85% of US stocks

Return on assets
7.1%

Higher than 85% of US stocks

Dividend yield
1.8%

Higher than 77% 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 $79.2B and an enterprise value of $92.9B.

  • Revenue in the twelve months to 30 June 2026: $42.9B. The latest quarter grew 6.7% 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: 17.6×; forward P/E: 18.6× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 1.77%, 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 1 Nov 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.$79.2B82
HWMHowmet Aerospace, Inc.$85.3B76
TDGTransDigm Group, Inc.$68.3B64
GDGeneral Dynamics Corp.$101.0B94
LHXL3Harris Technologies, Inc.$52.1B84
HONAHoneywell Aerospace, Inc.$50.1B2
BAThe Boeing Co.$139.0B38

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

Meghan Welch's Bull Case in Defense & Aerospace as U.S.-Iran War Lingers

Schwab Network · 1 Nov 2026positive

Meghan Welch of BGL said continued defense spending alongside the U.S.-Iran conflict could accelerate momentum for defense-tied companies. She described the evolving military and aerospace landscape as supporting a bullish case for Northrop Grumman, Lockheed Martin, and RTX for years to come.

Why it matters — The comments frame ongoing defense spending and the conflict as potential tailwinds for Northrop Grumman.

Golden Dome Is a $185 Billion Program, but Anduril Is Private. Here Are the 3 Public Companies Building It.

The Motley Fool · 31 Oct 2026neutral

The article says the Golden Dome missile-defense network is projected to begin at $185 billion, with long-term sustainment potentially reaching $1.2 trillion over 20 years. It is designed to protect more than 3 million square miles in the continental U.S. using satellites, sensors and interceptor rockets.

Why it matters — A Northrop Grumman watcher may follow the program’s scale and its use of multiple missile-defense technologies.

Here's Why Northrop Grumman (NOC) is a Strong Value Stock

Zacks Investment Research · 29 Oct 2026positive

Zacks Investment Research explains how its Style Scores help investors identify stocks rated highly for a particular investing style, framing the article around Northrop Grumman as a strong value stock.

Why it matters — NOC watchers may note the article presents the company favorably through a value-investing lens.

9 Defense Stocks to Watch Before the Next Big Rally

InvestorPlace · 28 Oct 2026negative

InvestorPlace highlights defense stocks after the sector’s record losing streak. In September, the SPDR S&P Aerospace & Defense ETF fell for more consecutive weeks than at any point since its 2011 launch, erasing its 2026 gain.

Why it matters — The report describes a difficult period for the defense sector, providing context for investors following Northrop Grumman.

My Favorite Way To Cash In On A $740 Billion Defense Boom

Seeking Alpha · 25 Oct 2026neutral

The Seeking Alpha article identifies RTX as its top Buy among defense companies, citing backlog growth, diversified exposure, aftermarket demand, and a 4.57x defense book-to-bill ratio. It also describes multi-year contracts and government support as factors benefiting defense contractors.

Why it matters — For NOC watchers, the article offers broader context on defense-sector demand and contracting trends, though its specific metrics and positive assessment concern RTX, not Northrop Grumman.

FAQ

Frequently asked questions about NOC stock

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

The 26 Wall Street analysts covering Northrop Grumman Corp. have a median 12-month price target of $625, with estimates ranging from $430 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 26 analysts covering Northrop Grumman Corp., 15 rate it a Buy, 10 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Northrop Grumman Corp. 82 out of 100 across roughly 4,600 US stocks as at 2 Nov 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank NOC?

As at 2 Nov 2026, Northrop Grumman Corp. ranks 82 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 (100 of 100).

Will NOC stock go up?

No one can know that. What the data says: the median 12-month target from 26 analysts implies +12.5% from the last close, and Ticker Nerd's factor model ranks Northrop Grumman Corp. 82 out of 100 as at 2 Nov 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: $430 to $815 over the next 12 months.

How has NOC stock performed over the past year?

Northrop Grumman Corp. returned -3.3% over the 12 months to 2 Nov 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Northrop Grumman Corp. do?

Northrop Grumman Corporation is a global aerospace and defense technology company that designs, develops, and supports advanced systems for military, government, and commercial customers. Its core business is organized around Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems, covering military aircraft, autonomous systems, weapons, sensors, command-and-control technologies, cyber capabilities, and space and launch solutions.

What is the latest news on NOC?

The most recent item we track (Schwab Network, 1 Nov 2026): "Meghan Welch's Bull Case in Defense & Aerospace as U.S.-Iran War Lingers". Meghan Welch of BGL said continued defense spending alongside the U.S.-Iran conflict could accelerate momentum for defense-tied companies. She described the evolving military and aerospace landscape as supporting a bullish case for Northrop Grumman, Lockheed Martin, and RTX for years to come.

Company

About Northrop Grumman Corp.

Northrop Grumman Corporation is a global aerospace and defense technology company that designs, develops, and supports advanced systems for military, government, and commercial customers. Its core business is organized around Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems, covering military aircraft, autonomous systems, weapons, sensors, command-and-control technologies, cyber capabilities, and space and launch solutions. The company plays a key role in national security programs by supplying mission-critical platforms and integrated technologies used across air, land, sea, cyber, and space domains. Northrop Grumman serves primarily the U.S. government, including the Department of Defense and intelligence community, while also working with allied and select commercial customers. Headquartered in Falls Church, Virginia, Northrop Grumman is a major participant in the aerospace and defense market, where it supports long-term defense readiness, modern battlefield systems, and space-based infrastructure.

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