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

Last close, 13 Oct 2026
$481
−0.75% on the day

The 26 Wall Street analysts covering Northrop Grumman Corp. hold a median 12-month price target of $614 — +27.4% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 83 of 100 as at 12 Oct 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$68.4B
Ticker Nerd rank
83 / 100
Median analyst target
$614
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
−0.4%
1M
−7.2%
YTD
−14.6%
1Y
−21.0%
From 52W high
−36.8%
From 52W low
+1.7%
$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 12 Oct 2026
83 / 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
93
Issuance
90
Quality
89
Revisions
84
Growth
45
Accruals
45
Momentum
40
Size
4

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

Momentum (40): 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
$400$500$600$700$800Jan 26Apr 26Jul 26Oct 26NOCHigh $815Median $614Low $419

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
14 Buy11 Hold1 Sell
Low $419Median $614High $815

The green dot is the last close — the median target sits +27.4% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 3 moved their price target up and 6 moved it down.

DateFirmActionRatingTarget
9 Oct 2026BarclaysInitiatesUnderweight$419
9 Oct 2026TD CowenMaintainsHold$590 → $540
6 Oct 2026Rothschild & CoInitiatesBuy$680
2 Oct 2026RBC CapitalDowngradeSector Perform$640 → $525
23 Sept 2026BernsteinMaintainsMarket Perform—
23 Sept 2026BernsteinMaintainsMarket Perform$653 → $620
15 Sept 2026GuggenheimInitiatesBuy$612
15 Sept 2026GuggenheimInitiatesBuy—
8 Sept 2026UBSMaintainsBuy$685 → $704
8 Sept 2026UBSMaintainsBuy—
19 Aug 2026TD CowenMaintainsHold—
19 Aug 2026TD CowenMaintainsHold$550 → $590
13 Aug 2026CitigroupMaintainsBuy$617 → $667
13 Aug 2026CitigroupMaintainsBuy—
23 July 2026JP MorganMaintainsNeutral$635 → $600
23 July 2026JP MorganMaintainsNeutral—
22 July 2026SusquehannaMaintainsPositive—
22 July 2026SusquehannaMaintainsPositive$785 → $655
22 July 2026TD CowenMaintainsHold—
22 July 2026TD CowenMaintainsHold$580 → $550

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 13 Oct 2026, Northrop Grumman Corp. returned −21.0% against +18.6% for the S&P 500, dividends included.

NOC vs S&P 500, last 12 monthsTotal return, rebased to 100
8090100110120130Jan 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 movingNext fiscal year
EPS revision, 90 days
+3.7%
Analysts raising
21
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
15.3×

Cheaper than 45% of US stocks

Price / sales
1.6×

Cheaper than 57% of US stocks

Price / book
3.8×

Cheaper than 25% of US stocks

EV / EBITDA
11.5×

Cheaper than 32% of US stocks

Growth & margins
Revenue growth (YoY)
5.1%

Higher than 39% of US stocks

Earnings growth (YoY)
−6.8%

Higher than 29% 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 86% of US stocks

Dividend yield
2.1%

Higher than 79% 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 $68.4B and an enterprise value of $83.6B.

  • 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: 15.3×; forward P/E: 15.8× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 2.05%, 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 14 Oct 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.$68.4B
83
TDGTransDigm Group, Inc.$63.1B
66
HWMHowmet Aerospace, Inc.$88.5B
73
GDGeneral Dynamics Corp.$90.7B
94
HONAHoneywell Aerospace, Inc.$49.8B
0
LHXL3Harris Technologies, Inc.$44.5B
77
LMTLockheed Martin Corp.$119.5B
94

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

Northrop Grumman Q3 Preview: Bad News Already Priced In, Defense Is A Buy

Seeking Alpha · 13 Oct 2026positive

A Seeking Alpha Q3 preview says Northrop Grumman trades near 52-week lows despite a record backlog, raised guidance, and progress on key programs. It cites strong Q2 sales and backlog growth alongside margin pressures and government-funding timing risks.

Why it matters — NOC watchers may weigh the company’s backlog and program progress against ongoing margin and funding risks ahead of Q3 earnings.

NetApp highlighted as Zacks Bull and NVR Bear of the Day

Zacks Investment Research · 9 Oct 2026neutral

Zacks Equity Research identified NetApp as its Bull of the Day and NVR as its Bear of the Day. The item also says the research firm provides analysis on Northrop Grumman, Boeing and Lockheed Martin.

Why it matters — Northrop Grumman is among the companies covered in the Zacks analysis, though the excerpt gives no details of its assessment.

As War Fades Away, It's Time To Buy Defense Stocks - Starting With Northrop Grumman

Seeking Alpha · 8 Oct 2026positive

Seeking Alpha argues that Northrop Grumman is positioned to benefit from rising Western defense budgets, citing its growing backlog, accelerating revenue growth, stable cash-flow margins and declining leverage. The article also describes its valuation as attractive and notes technical signals suggesting a possible bottom near $426.

Why it matters — The article highlights NOC’s backlog, operating trends and valuation as factors for investors following the company.

LHX vs. NOC: Which Defense Dividend Will Actually Protect Your Retirement?

24/7 Wall Street · 8 Oct 2026neutral

A 24/7 Wall Street article compares L3Harris and Northrop Grumman, noting both have fallen nearly 20% this year despite raising guidance and growing backlogs to record levels. It frames the comparison around which company’s dividend may offer a better retirement-income value.

Why it matters — NOC watchers may find the article’s comparison of the company’s share decline, guidance, backlog, and dividend relevant to assessing its income profile.

Can MQ-4C Triton Demand Boost Northrop Grumman's Growth?

Zacks Investment Research · 6 Oct 2026positive

Northrop Grumman received a $66 million order for MQ-4C Triton, reflecting demand for unmanned surveillance, upgrades and long-term fleet sustainment.

Why it matters — The order highlights demand related to the Triton program and its sustainment for NOC watchers.

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 $614, with estimates ranging from $419 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., 14 rate it a Buy, 11 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Northrop Grumman Corp. 83 out of 100 across roughly 4,600 US stocks as at 12 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank NOC?

As at 12 Oct 2026, Northrop Grumman Corp. ranks 83 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 +27.4% from the last close, and Ticker Nerd's factor model ranks Northrop Grumman Corp. 83 out of 100 as at 12 Oct 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: $419 to $815 over the next 12 months.

How has NOC stock performed over the past year?

Northrop Grumman Corp. returned -21.0% over the 12 months to 13 Oct 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 (Seeking Alpha, 13 Oct 2026): "Northrop Grumman Q3 Preview: Bad News Already Priced In, Defense Is A Buy". A Seeking Alpha Q3 preview says Northrop Grumman trades near 52-week lows despite a record backlog, raised guidance, and progress on key programs. It cites strong Q2 sales and backlog growth alongside margin pressures and government-funding timing risks.

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